News Release: MidFirst Bank Closes $167 Million Loan Transaction to Bethany Children’s Health Center
Loan Will Support New Outpatient and Specialty Services July 10, 2024 OKLAHOMA CITY – MidFirst Bank, through its National Healthcare Lending division, is the lead bank in the financing for a new complex on the Bethany Children’s Health Center campus. MidFirst Bank and seven other local financial institutions provided loan funds totaling $167 million for […]
News Release: Sanford, Marshfield Clinic announce intent to combine
Marshfield Clinic Health System serves rural Wisconsin and Michigan’s Upper Peninsula Written by Paul Heinert July 10, 2024 Marshfield Medical Center in Marshfield, Wisconsin, is part of the Marshfield Clinic Health System serving rural areas of Wisconsin and Michigan. (Photo by Marshfield Clinic Health System) Sanford Health, the largest rural health system in the U.S., […]
News Release: JLL completes sale of 37,000 SF San Diego medical office building
JLL Capital Markets led the sales efforts for 450 4th Ave, which is on the campus of the Scripps Mercy Hospital Chula Vista SAN DIEGO, July 9, 2024 – JLL Capital Markets announced today that it has completed the sale of 450 4th Ave., a nearly 37,000-square-foot medical outpatient building in Chula Vista, California. JLL’s Medical […]
Transactions: AW buys nine MOBs for $99.5M
Healthcare Realty was the seller of the 309,424 s.f. portfolio in North Carolina By John B. Mugford Amid the current slowdown in the medical outpatient building (MOB) sales sector, another significant sale has taken place. North Palm Beach, Fla.-based AW Property Company, a longtime healthcare real estate (HRE) firm focused on MOBs, in late June […]
News Release: Big Sky Medical Acquires Prime Medical Outpatient Building in San Antonio’s Alamo Heights
FOR IMMEDIATE RELEASE SAN ANTONIO, TX – July 9, 2024 – Big Sky Medical, a leading healthcare real estate investment firm, today announced the acquisition of Sunset at Treeline, a cutting-edge medical outpatient building in San Antonio’s prestigious Alamo Heights neighborhood. The off-market transaction secures a strategically located property adjacent to the CHRISTUS Santa Rosa […]
News Release: Just Financed – Ambulatory Surgery Center in Houston, TX
Berkadia Medical & Life Sciences Just Financed Qoros Houston 1240 Clear Lake City Blvd | Houston, TX Berkadia Medical & Life Sciences is pleased to announce the acquisition financing of an ambulatory surgery center located in Houston, TX on behalf of Chicago Pacific Founders (CPF). The property encompasses a total of 15,807 net rentable square […]
News Release: Berkadia Negotiates Two-Community Class A Seniors Housing Sale In Indiana And Ohio
FOR IMMEDIATE RELEASE NEW YORK, NY – July 8, 2024 – Berkadia announced today the sale of two recently developed Class A senior living communities offering independent living, assisted living, and memory care services in Indiana and Ohio. Berkadia Seniors Housing & Healthcare, led by Managing Directors Dave Fasano, Ross Sanders, Cody Tremper, and Mike […]
Transactions: A early summer sale at a significant price
Welltower acquires a 103,652 s.f. MOB in Sacramento, Calif., for $45.6 million By John B. Mugford As the medical outpatient building (MOB) sales market continues to languish in a nearly two-year slowdown, a big sale has taken place in Sacramento. Perhaps it is a sign that things are turning around – or, should interest rates […]
News Release: Marcus & Millichap Sells Medical Office Building in Northern New Jersey for $13.5 Million
LIVINGSTON, N.J., June 28, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a medical office building in Livingston, New Jersey, for $13.5 million. “Medical office buildings are one of the most highly sought-after products in […]
News Release: Just Closed: 1201 Alhambra (Sacramento, Calif.)
Colliers U.S. Healthcare Capital Markets, is pleased to announce the successful closing of 1201 Alhambra, a 103,652-square-foot, medical office building and ambulatory surgery center located in Sacramento, CA. The property is 88% occupied by Sutter Health (“Sutter”, Fitch ‘A+’) providing health care services that include family medicine, internal medicine, bariatrics and PT/ST/OT, along with specialty […]
News Release: The Sanders Trust Completes $34.2 Million Rehabilitation Hospital Acquisition in Oklahoma
FOR IMMEDIATE RELEASE June 25, 2024 Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, has recently acquired the PAM Health Rehabilitation Hospital of Tulsa for $34.2 million dollars. Operated by the PAM Health network, the facility is located at 10020 East 91st Street, Tulsa, Oklahoma, […]
News Release: Just closed in Las Vegas
Montecito continues acquisition streak Montecito Medical acquires Las Vegas ambulatory surgery center property Montecito Medical, a leading buyer of medical office properties nationwide, has acquired a 33,351-square-foot outpatient surgery building in Las Vegas. The property is 100% occupied by Specialty Surgicare of Las Vegas. “We are thrilled to add this outstanding ASC asset to our […]
News Release: Equity secured for development of Utah medical office building
News release JLL Capital Markets advised Fort Street Partners on the equity placement for the Syracuse Medical Office Building Development in Syracuse, Utah DENVER, June 24, 2024 – JLL Capital Markets announced today that it has arranged an equity placement for the Syracuse Medical Office Building Development (“Syracuse MOB”), a 20,399-square-foot medical office building to-be-built in […]
News Release: Las Vegas Specialty Surgery Center trades
News release JLL Capital Markets represented the seller in the sale of the state-of-the-art facility in Las Vegas, Nevada LAS VEGAS, June 24, 2024– JLL Capital Markets announced today that it arranged the sale of the Specialty Surgery Center, a 33,351-square-foot, multi-specialty ambulatory surgery center in Las Vegas, Nevada. JLL worked on behalf of the seller, […]
News Release: Woodside Health Announces Acquisition of the Fairmont Medical Building – Houston MSA
FOR IMMEDIATE RELEASE CLEVELAND, OH (June 20, 2024) – Woodside Health is excited to announce its acquisition of the Fairmont Medical Building in Pasadena, Texas. The 2-story medical office building has approximately 36,000 rentable square feet and is located at 6243 Fairmont Parkway. “We have been very active in the Houston market and own other […]