News Release: NAI Hallmark Brokers $10,350,000 Sale of a Medical Office Complex in St. Augustine, FL
FOR IMMEDIATE RELEASE NAI Hallmark Brokers $10,350,000 Sale of a Medical Office Complex in St. Augustine, FL JACKSONVILLE, FL., – April 10, 2023 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, announces the sale of 190 & 200 Southpark Boulevard, St. Augustine, FL (the “Property”). Managing Partner Keith […]
News Releases: Partners Real Estate arranges sale of 40,000-sq.-ft. medical office/professional building in Stafford, Texas
Apr 6, 2023 Stafford, TX, April 6, 2023 – Partners Real Estate (“Partners”), one of the largest independent commercial real estate firms in Texas, arranged the sale of a 40,000-sq.-ft. medical office/professional building on 3.4 acres of land located at 4915 South Main in Stafford, Texas. Partners’ Chris Caudill and Devin Hawkins represented the seller, […]
News Release: Stockdale Capital Partners Announces The Launch Of Its Open-Ended Healthcare Fund And Its Initial Acquisition, 2100 West 3rd Street Medical Center In Los Angeles
FOR IMMEDIATE RELEASE SCP Healthcare Real Estate Income Fund to focus on core-plus, healthcare real estate opportunities across the U.S. LOS ANGELES – April 04, 2023 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced that it completed its acquisition of 2100 West 3rd Street Medical Center in Los Angeles […]
Transactions: The year’s biggest MOB deal could be a foreclosure
Ventas plans to take ownership of an 88-asset medical portfolio, plus senior and hospital assets By Murray W. Wolf Most healthcare real estate (HRE) professionals seem to agree that, primarily due to higher interest rates, 2023 medical office building (MOB) sales volume will pale in comparison to recent years. So Friday’s announcement that an 88-asset […]
News Release: Meridian Purchases 18 Acres in Santa Fe, NM
FOR IMMEDIATE RELEASE: Construction Commences on 95,000 SF Medical Office Building WALNUT CREEK, Calif. – Meridian, a full-service real estate owner, operator, and developer of healthcare and life science real estate, is pleased to announce that the firm has closed escrow on the purchase of an 18-acre parcel of vacant land in Santa Fe, New […]
News Release: Community Health Systems Completes Divestiture of Hospital Located in Oak Hill, West Virginia
April 03, 2023 08:00 AM Eastern Daylight Time FRANKLIN, Tenn.–(BUSINESS WIRE)–Apr. 3, 2023– Community Health Systems, Inc. (NYSE: CYH) announced today that affiliates of the Company have completed the divestiture of 25-bed Plateau Medical Center in Oak Hill, West Virginia, along with its respective assets, physician clinic operations and outpatient services to affiliates of Vandalia […]
News Release: Marcus & Millichap Arranges the Sale of a 14,213-Square Foot Office Building
PRESS RELEASES March 28, 2023 WENTZVILLE, MISSOURI, March 21, 2023 – 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 Schroeder Creek Dental, a 14,213-square-foot office property located in Wentzville, Missouri, according to David Saverin, regional manager of […]
News Release: Ventas Announces Plans to Take Ownership of Full Collateral Pool Supporting its $486 Million Santerre Mezzanine Loan
March 31, 2023 08:30 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that it intends to take ownership of the collateral that supports its approximately $486 million cash-pay mezzanine loan to Santerre Health Investors (the “Santerre Mezzanine Loan”). The Santerre Mezzanine Loan is secured by equity interests in […]
News Release: First Citizens Bank Provides $44.2 Million for Medical Office Building Portfolio
NEW YORK — March 30, 2023 — First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, has provided $44.2 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties. The portfolio consists of three medical office building properties […]
News Release: Holladay Announces Hospital Lease with Select Medical
3/29/23 Sand Lake Select Medical Hospital Lease Orlando Florida Holladay Properties has announced that Select Medical has signed a long-term lease for its 72,000-square-foot property located at 7450 Sand Lake Commons Blvd in Orlando, FL. “Select Medical services patients with critical and complex healthcare needs. We are honored that our facility was chosen,” said Jeff […]
News Release: Research Park at Florida Atlantic University® Welcomes Renowned Regenerative Cell Therapy Expert
NEWS PROVIDED BY Research Park at FAU March 29, 2023, 13:00 GMT Joseph Purita, M.D., to Locate Innovative Practice in the Research Park and Serve as a Member of FAU Health Network BOCA RATON, FLORIDA, UNITED STATES, March 29, 2023/EINPresswire.com/ — The Research Park at Florida Atlantic University® is proud to welcome PUR-FORM, a cutting-edge […]
News Release: Avison Young arranges the sale of medical office building in Washington Township, NJ
MARCH 28, 2023 The 70,140-sf building sold for approximately $14 million Morristown, NJ –Avison Young has arranged the sale of a medical office building at 405 Hurffville Cross Keys Road in Washington Township, NJ on behalf of Gordon MAB Associates to Atkins Companies for approximately $14 million. The two-story, 70,140-square-foot (sf) building sits directly across […]
Feature Story: What’s your MOB worth?
Revista panel explores valuations and pricing in an uncertain market By John B. Mugford What’s your medical office building (MOB) worth? The short answer is: Less than it was a few months ago. That’s according to a group of experienced healthcare real estate (HRE) professionals who gathered for a panel discussion during the recent Revista […]
News Release: Hilco Real Estate Announces The Sale Of Turnkey, Freestanding Medical Office Building In Mount Pleasant, Wisconsin
NEWS PROVIDED BY Hilco Real Estate Mar 27, 2023, 09:00 ET NORTHBROOK, Ill., March 27, 2023 /PRNewswire/ — Hilco Real Estate, LLC (HRE) announces the successful sale of this 10,000± SF medical office building for twice the court-approved minimum bid. Hilco Real Estate represented Wis. Stats. Chapter 128 Receiver, Michael S. Polsky, Esq., in the sale […]
News Release: Jacobson Properties Announces Sale Of St. Peter’s Health Partners Medical Office Building
March 24, 2023 (Albany, New York) Lisa Menin of Jacobson Properties is pleased to announce the sale of the St. Peter’s Health Partners Medical Office Building, a 17,380 SF square foot Class A medical office building located at 1444 Western Avenue in Albany. The St. Peter’s Health Partners Medical Office Building was sold by 4 […]
