News Release: On-campus medical property sells for $13.5M
JLL Capital Markets facilitates the sale and the $10.1M acquisition financing of Thunderbird Medical Pavilion PHOENIX, Jan. 17, 2024 – JLL Capital Markets announced today that it arranged the $13.5 million sale and the $10.1 million acquisition financing for a mission-critical, on-campus medical property, Thunderbird Medical Pavilion, totalling 92,811 square feet. The property is located […]
News Release: Rendina Healthcare Real Estate Acquires Wellington Medical Arts Pavilion III
WELLINGTON, Fla., Jan. 9, 2024 /PRNewswire/ — Rendina Healthcare Real Estate (Rendina) is proud to announce its recent acquisition of the Wellington Medical Arts Pavilion III, a 48,000 square foot, four-story Class-A medical building strategically situated on the Wellington Regional Medical Center (WRMC) campus, a Universal Health Services (UHS) hospital, in Wellington, Florida. Rendina Healthcare […]
News Release: The Residence at Valley Farm in Ashland, MA recapitalized
JLL Capital Markets led recapitalization efforts for LCB Senior Living, LLC Community BOSTON, Jan. 9, 2024 – JLL Capital Markets announced today that it arranged the successful recapitalization transaction of the Residence at Valley Farm, a senior living community owned by Bridge Investment Group and LCB Senior Living, LLC. JLL represented the seller, Bridge Investment […]
News Release: Newmark Arranges Joint Venture Between Altera and Virtus for Acquisition of Medical Outpatient Portfolio in Tucson, AZ
FOR IMMEDIATE RELEASE New York, NY, Jan. 9, 2024 — Newmark announces the placement of joint venture equity for the acquisition of a four-property medical outpatient portfolio located throughout Tucson, AZ. Newmark was engaged by Dallas-based Altera Fund Advisors, which acquired the portfolio through a newly-formed joint venture with Austin-based Virtus Real Estate Capital. Newmark […]
News Release: CareTrust REIT Acquires Southern California Assisted Living Facility in Joint Venture Investment
January 09, 2024 06:01 AM Eastern Standard Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired The Villas at San Bernardino, a 78-unit assisted living and memory care facility located in San Bernardino, California. In connection with its acquisition of the facility, CareTrust and a third-party regional healthcare real estate […]
News Release: Healthcare Realty Trust Announces $338 Million of Fourth Quarter 2023 Asset Sales
January 08, 2024 17:00 ET NASHVILLE, Tenn., Jan. 08, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced the completion of $338 million of asset sales during the fourth quarter of 2023 bringing full year additional dispositions to $656 million at an average cap rate of 6.6%. The full year additional dispositions resulted […]
News Release: LTC Completes Brookdale Portfolio Transaction
— Three New Master Leases; Net Proceeds of $23 Million; Anticipated Net Gain of $17 Million Related to Property Sales; Full Rent Replaced — January 08, 2024 05:00 PM Eastern Standard Time WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that invests in seniors housing and […]
News Release: BGL Announces the Real Estate Sale of the Asheboro Dermatology & Skin Surgery Center
January 8, 2024 Brown Gibbons Lang & Company (BGL) is pleased to announce the real estate sale of the Dermatology & Skin Surgery Center of North Carolina, totaling approximately 6,746 rentable square feet in Asheboro, North Carolina, to TM Medical Properties, LLC. BGL’s Healthcare Real Estate Investment team served as consultants to the seller in […]
News Release: Simone Development Announces Acquisition Office Building in the Heart of the North Yonkers Medical Mile
133,768-Square-Foot, Four-Story Property to be Repurposed Into State-of-the-Art Medical Space YONKERS, NY (January 4, 2024) — In a major medical redevelopment that will enhance the “Medical Mile” in North Yonkers, Simone Development Companies has acquired One Executive Boulevard, a 133,768-square-foot, 4-story office building located within 1/4 mile of 879,426 square feet of existing medical office […]
News Release: ViaWest Group, advised by Cushman & Wakefield, sells 252,350 SF Medical and Office Campus in Phoenix’s Deer Valley
Big Sky Medical Real Estate acquires Blackhawk Corporate Center, marking one of Phoenix Metro’s top medical and office property sales of 2023 PHOENIX, Ariz. – January 4, 2024 – ViaWest Group, represented by Cushman & Wakefield, has successfully sold Blackhawk Corporate Center, a three building, 252,350-square-foot office/medical campus in the Deer Valley submarket of Phoenix, Arizona. The […]
News Release: Jackson Health Village trades for $24M
JLL arranged the sale of a premier medical office building in New Jersey MORRISTOWN, NJ, Jan. 4, 2024 – JLL Capital Markets announced today that it arranged the $24 million sale of Jackson Health Village, a state-of-the-art medical office building totaling 150,000 square feet in Jackson, Ocean County, New Jersey. JLL worked on behalf of the […]
News Release: Newmark Secures $62 Million Sale of ODCE Core Fund’s Medical Outpatient Building Portfolio
FOR IMMEDIATE RELEASE Trading the Seattle, Washington and Charlotte, North Carolina-located assets to an institutional joint venture. New York, NY (January 2, 2024) — Newmark announces it has completed the $62 million sale of Novant & MultiCare On-Campus Collection, a portfolio of three medical outpatient buildings located in Charlotte, North Carolina and Seattle, Washington. Comprising […]
News Release: Colliers facilitates the sale of a multi-tenant medical office building in West Palm Beach for $8.25M
Colliers represented the buyer and seller in the sale of the 44,870-square-foot property. WEST PALM BEACH, FL, December 31, 2023 – Colliers is pleased to announce the sale of West Palm Medical Plaza for $8.25 million. The property is located at 4700 N Congress Avenue on a 5.11-acre parcel along a major north-south thoroughfare in […]
News Release: Big Sky Medical Secures Unanimous Approval from Dallas City Council for Rezoning of Pyramids South Tower to Accommodate Medical Tenancy
FOR IMMEDIATE RELEASE Dallas, TX – December 13, 2023. In a significant milestone for healthcare real estate, Big Sky is thrilled to announce the unanimous approval from the Dallas City Council for the rezoning of Pyramids South Tower, marking a pivotal move to include medical tenancy within this iconic structure. The original building was intended […]
News Release: JUST CLOSED: Professional Building I | Dallas, TX | 44,045 SF
JLL Investment Advisory JLL Medical Properties Group Capital Markets Just Closed: Professional Building I | Dallas, Texas JLL Medical Properties Group (Capital Markets) is pleased to announce the sale of Professional Building I, a four story, 44,045 square foot outpatient medical office building located on the campus of the 218-bed White Rock Medical Center in […]
