News Release: CBRE Arranges Cypress West Partners and TPG Angelo Gordon Programmatic Joint Venture Focused on Medical Office Buildings in Sunbelt Markets
Press Release FOR IMMEDIATE RELEASE Dallas, TX – April 16, 2024 – CBRE Investment Banking announced today that it has arranged a programmatic joint venture between Cypress West Partners (“Cypress West”) and TPG Angelo Gordon, which has the ability to acquire up to $300 million in medical office assets across the Sunbelt region over the […]
News Release: Monday Properties Successfully Refinances 1812 North Moore and Shirlington Gateway for Combined $206M
Citi Provides Five-Year Fixed Rate CMBS Loans for Highly Amenitized Office Tower and Sought After Medical Office Building Monday Properties, a dynamic real estate investment firm and industry-leading developer, has secured refinancing for its Trophy office tower at 1812 N. Moore Street and state-of-the art medical office building, Shirlington Gateway. Citi Real Estate Funding, Inc. […]
News Release: Transwestern brokers trade of three Minneapolis-area medical office buildings
(APR. 15, 2024 – MINNEAPOLIS) – Transwestern Real Estate Services (TRS) announces it represented Hammes Partners, a private investment platform focused exclusively on healthcare real estate, in the acquisition of three medical office assets in the Minneapolis area totaling 50,853 square feet. The transaction was led by Vice President Frank Richie with the assistance of […]
News Release: Prime Healthcare Services, Inc. Successfully Completes Real Estate Purchase of Hospitals and Medical Office Buildings From Medical Properties Trust
Prime now owns all operations and the real estate for the majority of its hospitals, decreasing debt and improving financial stability April 15, 2024 03:24 PM Eastern Daylight Time ONTARIO, Calif.–(BUSINESS WIRE)–Prime Healthcare Services, Inc. has completed the purchase of real estate of four facilities that comprise Saint Clare’s Health and St. Francis Medical Center […]
News Release: HREA announces the sale of the Effingham (Ill.) Ambulatory Surgery Center
EFFINGHAM, Ill., APRIL 2024 — HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery located in Effingham, IL. Effingham Surgery Center consists of 17,201 rentable square feet and is 100% leased and occupied by the practicing physicians in partnership with USPI and Sarah Bush Lincoln […]
News Release: Alfred Sanzari Enterprises Welcomes Columbia Surgical Outpatient Center to Glenpointe
For Immediate Release Teaneck, N.J. (April 15, 2024) – Alfred Sanzari Enterprises, a preeminent family-owned and operated commercial and residential real estate firm, announces its lease of 4,283 square feet with Columbia University Irving Medical Center at the company’s Glenpointe corporate campus in Teaneck, N.J. Alfred Sanzari Enterprises was represented by Newmark’s Jeff Schotz, Peter […]
News Release: ZT Corporate Announces Successful Institutional Exit of Healthcare Real Estate
– The exit frees up capital and pays off debt, positioning the firm for operational growth – April 15, 2024 09:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–ZT Corporate, a private equity firm that specializes in healthcare and automotive investments, today announced that it has successfully exited its remaining healthcare real estate assets for its portfolio […]
News Release: Dominion sells 11,892 sf medical office building located within the Medical Mile in Flint (Mich.)
2024-04-11 20:20:39 GMTpress Bingham Farms, MI (April 2024) – James Mitchell, Vice President of Brokerage at Dominion Real Estate Advisors, LLC (DRA) and Michele Rosenblum, Vice President of Brokerage at Lee & Associates, represented the owner, LSPV Cornerstone Owner, LLC aka Versa Development in the sale of a 11,892 SF medical office building located at […]
News Release: Highwoods Announces Recent Disposition Activity
FOR IMMEDIATE RELEASE Sells $79.4M of Non-Core Assets RALEIGH, NC – April 4, 2024 – Highwoods Properties, Inc. (NYSE:HIW) has sold in a series of transactions non-core properties in Raleigh for combined gross proceeds of $79.4 million. Gross proceeds from dispositions closed in the first quarter of 2024 totaled $16.9 million with the remainder closing […]
Transactions: Evergreen buys seven Raleigh, N.C., medical assets
Highwoods Properties sold the portfolio for $62.5 million; JLL was the broker By Murray W. Wolf RALEIGH, N.C. – Highwoods Properties Inc. (NYSE: HIW) announced last Thursday, April 4, that it has sold eight Raleigh-area properties – including seven medical buildings – for a total of $79.4 million. The medical outpatient buildings (MOBs), plus one […]
Transactions: Remedy buys Rochester, N.Y., area MOB for $43 million
Broadstone Net Lease sold the 119,983 s.f. facility in the suburb of Greece, N.Y. By Murray W. Wolf GREECE, N.Y. – An affiliate of Chicago-based Remedy Medical Properties has acquired a four-story, 119,983 square foot MOB in the Rochester, N.Y., suburb of Greece from Broadstone Net Lease (NYSE: BNL) for $43 million. That’s according to […]
News Release: Medical Properties Trust Completes $350 Million Sale of Facilities to Prime Healthcare
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it completed its previously announced sale of five facilities in California and New Jersey to Prime Healthcare (“Prime”) for aggregate consideration of $350 million. The total consideration consists of $250 million paid in immediate cash and a $100 million interest-bearing […]
News Release: JLL Capital Markets arranged the sale and financing for an eight-building medical property portfolio in Raleigh, North Carolina
JLL Capital Markets represented Highwoods in the sale of the non-core assets April 05, 2024 CAROLINAS, Apr. 5, 2024 – JLL Capital Markets announced today that it arranged the sale of eight buildings totaling 338,000 square feet across from UNC-REX Hospital in the West Raleigh submarket to two separate buyers. One buyer purchased seven of the […]
News Release: Cambridge Savings Bank Supports the Expansion of Fair Haven Community Health Care with Loans Totaling Over $26 Million
Financing will support development of a comprehensive health clinic set to serve an additional 20,000 patients, increasing Fair Haven CHC’s capacity by 45 percent April 04, 2024 10:08 AM Eastern Daylight Time CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that […]
News Release: Montecito Continues Fast Pace in Q1 Medical Office Acquisitions with 11 MOB Deals
April 04, 2024 08:00 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, continued its fast pace during the first quarter of 2024. Some of the company’s latest acquisitions included properties tenanted by market-leading providers ranging from the Mountain West to the eastern seaboard: Springfield Clinic / Peoria, […]
