News Release: Newmark Arranges Sale of 110,000 Square Foot Memorial Hermann Convenient Care Center Portfolio
Assets are located throughout the Houston MSA New York, NY (October 20, 2023) — Newmark announces it has facilitated the sale of the 100% leased Memorial Hermann Convenient Care Center Portfolio of Class A, build-to-suit MOBs. Newmark Senior Managing Director Jay Miele, Executive Managing Director Ben Appel, and Senior Managing Directors John Nero and Michael […]
News Release: Just Closed: Naperville MOB Portfolio Portfolio | Naperville, IL | 69,021 S.F.
JLL Investment Advisory Medical Properties Group Capital Markets Just Closed: Naperville MOB Portfolio Naperville, IL JLL Medical Properties Group (Capital Markets) is pleased to announce the sale of the Naperville MOB Portfolio comprised of two, off-campus, medical office buildings totaling 69,021 square feet with an average occupancy of 88%. Both buildings are located in the […]
News Release: Montecito Medical Completes Acquisition of Seven-Building Portfolio in South Carolina
NASHVILLE, Tenn., Oct. 18, 2023 –(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of seven medical office buildings in upstate South Carolina. Concentrated in the Greenville and Clemson market areas, the seven properties represent a combined total of more than 88,000 square feet and are 100% occupied. “We […]
News Release: Just Refinanced – Everest Healthcare Portfolio
Capital Markets | Healthcare & Life Sciences Just Financed Nine Medical Office Building Portfolio Located in Top U.S. Markets CBRE Transaction Highlights Date Closed: 10/02/2023 Size: 435,179 RSF NJ, IL, VA, TX, SC, AZ CBRE U.S. Healthcare Capital Markets is pleased to announce the financing of the Everest Healthcare Portfolio, a nine-property medical office portfolio […]
News Release: Big Sky Completes the Final Close of its Second Medical Real Estate Fund with $392 Million of Equity
FOR IMMEDIATE RELEASE Dallas, TX – (October 17, 2023) – Big Sky Asset Management (“Big Sky”), a leading healthcare real estate investment firm, is thrilled to announce the successful closure of its second medical real estate fund. Big Sky Medical Income Fund, LP (“Fund II” or “the Fund”), initiated in October 2021, reached its final […]
News Release: Medical Office Building M&A Activity Decreases 23% in Q3:23, According to Data from LevinPro HC
Activity in the Medical Office Building M&A market decreased in the third quarter of 2023, with 44 publicly announced transactions, according to data captured by LevinPro HC. NEW CANAAN, Conn., Oct. 10, 2023 /PRNewswire-PRWeb/ — Merger and acquisition activity in the Medical Office Building (MOB) sector decreased by 23% in Q3:23 compared with the previous quarter, […]
News Release: Just Closed – 1051 W Rand Road (Arlington Heights, Ill.)
Capital Markets | Healthcare & Life Sciences Just Closed Health System Anchored Medical Office Building CBRE Transaction Highlights Date Closed: 10/03/2023 Size: 62,267 RSF Occupancy: 78% 1051 W Rand Road | Alrington Heights, IL CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of 1051 W. Rand Road (the “Property”), […]
News Release: Big Sky Medical Expands its Houston presence with the acquisition of three Memorial Hermann Convenient Care Centers
FOR IMMEDIATE RELEASE Dallas, TX – (October 4, 2023) – Big Sky Medical, a leading player in the healthcare real estate investment sector, has completed the acquisition of three single-tenant medical outpatient buildings in the vibrant Houston, Texas market. Situated in the Katy, Spring, and League City submarkets, each building is long-term net leased to […]
News Release: Cushman & Wakefield Arranges Two Leases Totaling over 30,000 SF for Kinship Health’s Expansion into Central Florida
For Immediate Release OCALA, Florida, October 03, 2023 – Cushman & Wakefield has arranged two leases totaling over 30,000 square feet this year for Kinship PACE of Central Florida, LLC and their expansion into Central Florida. This includes a new fifteen-year, 16,617-square-foot lease recently signed at 3030 SW College Rd. Kinship PACE of Central Florida […]
News Release: Done Deal. Putting Community First in Mason
Blueprint advises Anthology Senior Living on the sale of a new vintage, true “Class A” community in Mason, Ohio Blueprint was engaged by Anthology Senior Living, the Senior Living arm of global developer CA Ventures, and their institutional joint venture partners to maximize value on the sale of their Class A, 101-unit Assisted Living and […]
News Release: Montecito Medical Acquires Imaging Center Building in Western New York
October 03, 2023 09:00 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading buyer of medical office properties nationwide, has acquired a medical building in Buffalo, New York. Western New York MRI tenants the 15,858-square-foot, two-story facility. “We are thrilled to acquire this state-of-the-art building and enter into a long-term relationship with these providers […]
News Release: $80,600,000 Disposition of a 532-Unit Life Plan Community
Pine Run Retirement Community Member of Doylestown Health $80,600,000 Disposition of a 532-Unit Life Plan Community The undersigned served as exclusive financial advisor Kaufman Hall Transaction Overview Kaufman Hall and Associates, LLC (“Kaufman Hall”) served as exclusive financial advisor to Doylestown Hospital (“DH” or the “Hospital”) in connection with the disposition of DH’s 532-unit/bed life […]
News Releases: Medical Properties Trust Announces Final Approvals for HMC to Proceed With Acquisition of Remaining Australian Facilities
Cash Proceeds of Approximately AUD$470 Million to be Immediately Applied to Debt Reduction October 03, 2023 09:00 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that the Australian Foreign Investment Review Board has approved HMC Capital’s purchase of MPT’s remaining four Australian facilities for approximately […]
News Release: Loyola Medicine Burr Ridge outpatient medical center trades for $59.95M in suburban Chicago
Sila Realty Trust acquires the Class A medical property in Illinois BOSTON, Oct. 3, 2023 – JLL Capital Markets announced today that it arranged the $59.95 million sale of Loyola Medicine Burr Ridge, an outpatient health center totalling 104,912 square feet in Burr Ridge, Illinois. JLL represented the seller, Healthcare Realty Trust, to procure the […]
News Release: High-profile medical office building trades for $23.3M in the greater Phoenix area
News release JLL Capital Markets led sales efforts for on-campus Ironwood Medical Pavilion II in Queen Creek, Arizona October 02, 2023 PHOENIX, Oct. 2, 2023 – JLL Capital Markets, Medical Properties Group, announced today that it arranged the $23.3 million sale of Ironwood Medical Pavilion II, an on campus 61,302 square foot medical office building […]
