News Release: Berkadia negotiates seniors housing property sale in New Braunfels, Texas
FOR IMMEDIATE RELEASE NEW BRAUNFELS, TX – June 24, 2024 – Berkadia announced today the sale of The Blake at New Braunfels, a resort-style, 112-unit assisted living and memory care community in New Braunfels, Texas. Berkadia Seniors Housing & Healthcare, led by Managing Directors Cody Tremper, Mike Garbers, Dave Fasano, and Ross Sanders, closed the […]
News Release: Three (3) Free-standing Medical Office Buildings (Clifton Park, N.Y.)
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of three (3) free-standing medical office buildings that were specially designed and built to meet the needs of each of the specialty practice groups, including urgent care, neurology, orthopedics, physical therapy, and dentistry. Constructed in 2019, the MOBs are 100% leased […]
News Release: Montecito Medical Acquires Two Medical Office Properties in Charlotte, NC
Montecito Medical, a leading buyer of medical office real estate nationwide, has acquired two outpatient surgery properties in Charlotte, NC. The adjoining buildings, which offer a combined total of 37,200 square feet, are 100% occupied by Atrium Health. “We are thrilled to acquire these outstanding medical office assets and to expand our relationship with such […]
News Release: Just Closed – 10th Street Medical Office Buildings (Chino, Calf.)
LIG LE INVESTMENT GROUP RECENTLY CLOSED 12850-12860 10th Street Chino, CA 91710 MULTI-TENANT MEDICAL PRICE/SF: $225.62 CAP RATE: 6.26% Sq.Ft.: 7,978 Sold Price: $1,800,000 Aaron Sanders Senior Associate | License CA: 02133731 (424) 215-1580 | (909) 256-7889 Justin Mata Investment Associate | License CA: 02196193 (909) 684-1649 | (909) 256-7889
News Release: NAI Horizon sells Chandler (Ariz.) Medical Center for $7.3M via competitive bid sale process
For Immediate Release PHOENIX, ARIZONA (June 13, 2024) – NAI Horizon facilitated the $7.3 million sale of Chandler Medical Center, a 22,591 SF multi-tenant medical office building located at 655 S. Dobson Road in Chandler, Arizona. The sale price fetched $323.14 per SF. NAI Horizon Executive Vice President Lane Neville, Senior Associate Cole Neville and […]
News Release: National Dental Healthcare REIT Expands Portfolio with Acquisition of Nine Properties Across Multiple States
CHICAGO, June 5, 2024 /PRNewswire/ — National Dental Healthcare REIT (NDH REIT), a leading force in the healthcare real estate sector, and a prominent member of the Thurston Group portfolio, proudly announces the completion of its latest real estate acquisition. This strategic move further solidifies NDH REIT’s position as a frontrunner in the industry and underscores […]
News Release: Just Sold | 7090 E Hampden Ave | Denver, CO | Owner/User Medical Outpatient Building
Capital Markets | Investment Properties 7090 E HAMPDEN AVE | DENVER, CO | 80224 Just Sold Owner/User Medical Outpatient Building CBRE OUTPATIENT BUILDING | FRONTAGE ON HEAVILY TRAFFICKED AVENUE 7090 E Hampden Ave (“The Property”), a distinguished two-level brick Medical Outpatient Building spanning ±7,430 SF and thoughtfully designed for Dental and Medical Office use, sold […]
News Release: Healthcare Realty Trust Provides Update on Capital Allocation Progress
June 03, 2024 16:05 ET Source: Healthcare Realty Trust Incorporated $227 million of proceeds from contributions to KKR JV Repurchased shares totaling over $175 million NASHVILLE, Tenn., June 03, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) announced in early May that it had entered into a strategic joint venture with KKR (“KKR JV”) […]
News Release: Montecito acquires Atlanta-area MOBs
Montecito acquires six ophthalmology buildings in Atlanta area. Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a six-building portfolio in the Atlanta Metro area. The six properties, which represent a combined total of more than 85,000 square feet, are 100% occupied. Thomas Eye, a dominant eye care provider […]
News Release: Vitalis acquires 36-Bed PAM Health Rehab Hospital in Denver metro.
The transaction closed May 30, 2024. Vitalis has acquired a 37,000 SF inpatient rehabilitation hospital on a long term lease with PAM Health. The facilitiy is strategically located in the affluent submarket of Westminster and accounts for over 50% of the available IRF beds within a 15-mile radius. The asset was developed in 2015 and […]
News Release: Diversified Healthcare Trust Closes $120 Million Mortgage Loan
May 30, 2024 04:15 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced that it closed a $120 million mortgage loan secured by eight properties within DHC’s Medical Office and Life Science Portfolio, located in seven states and consisting of approximately 725,000 square feet. As of March 31, 2024, the weighted […]
News Release: Stockdale Capital Partners acquires five-story, Class-A medical office building in central Austin (Texas)
FOR IMMEDIATE RELEASE Property at 1401 Philomena St., adjacent to Dell Children’s Medical Center, has 129,382 square feet of rentable office space LOS ANGELES – May 28, 2024 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced it acquired a newly-built medical office building at 1401 Philomena St. in Central […]
Transactions: Remedy/Kayne JV buys 16 N.C. MOBs from Novant
Price not disclosed for the 737,347 s.f. first tranche of a 21-MOB deal By John B. Mugford In the current environment of rising costs and tighter operating spreads for health systems, perhaps growing number of such organizations are ready to start monetizing certain non-core real estate assets to raise capital. For years, healthcare real estate […]
News Release: Montecito acquires two-building medical office portfolio
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two medical office buildings in the Milwaukee, Wisconsin, area. The buildings total over 70,000 square feet and are occupied by Children’s Hospital of Wisconsin. They are in the exurban communities of Delafield and Mequon, respectively. “We are thrilled to add these two outstanding […]
News Release: Medical Properties Trust Closes $800 Million 10-Year Loan Secured by U.K. Hospital Portfolio
6.9% Fixed Cash Pay Rate Demonstrates Access to Capital and Enduring Value of Hospital Real Estate May 24, 2024 08:30 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the completion of approximately £631 million ($800 million) in new non-recourse, non-amortizing secured financing backed by certain […]