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 […]
News Release: Phoenix-area medical office building trades for $29 million sale
JLL Capital Markets led the sales efforts for the mission-critical Banner Health Center in Peoria, Arizona PHOENIX, Mar. 22, 2023 – JLL Capital Markets announced today that it closed the $29 million sale of Banner Health Center – Peoria, a fully leased, 68,000-square-foot medical building in Peoria, Arizona. JLL represented the seller, Banner Health, and […]
News Release: Axiom Capital Corp. Announces A Closing In Utica, N.Y.
Posted by Lisa Morales on March 15, 2023 Axiom Capital Corp. has structured and arranged a $25,356,396 construction to permanent loan for a Class A, multi-tenant medical office building located in Utica, New York. The project entails the construction of a 3-story, 76,393 rentable square foot building situated on approximately 1.46 acres and will offer […]
News Release: Quantum Real Estate Advisors, Inc. Brokers Sale-Leaseback of a Single-Tenant Medical Office Asset in Byron, MN
Chicago, IL (March 13th, 2023) – Quantum Real Estate Advisors, Inc. has brokered the sale of a free-standing medical office building located at 221 2nd Ave. SW, Byron, MN. The property is occupied by Bluestem Center for Autism who signed a long-term lease upon closing. The seller of the property was looking for a capital […]
News Release: Franklin Street Arranges $11.2M Sale of Class A Medical Office Building in Winter Garden
Flagship Healthcare Properties acquired the 100% occupied multi-tenant property ORLANDO, FL (March 10, 2023) – Franklin Street has arranged the sale of a newly built, 23,241-square-foot Class A medical office building in the Orlando suburb of Winter Garden for $11.2 million, or $481.90 per square foot. Franklin Street Director Matthew Weinberger, who specializes in healthcare […]
News Release: Partners Real Estate brokers sale of 10,243-sq.-ft. office building in Phoenix, Arizona
Phoenix, AZ, March 9, 2023 – Partners Real Estate (“Partners”), one of the largest independent commercial real estate firms in Texas, arranged the sale of a 10,243-sq.-ft. Medical office building located at 8410 W Thomas Road – Bldg 3 in Phoenix, Arizona. Partners’ Ryan McCullough and Tyler Jaynes represented the Seller in the transaction. For […]
News Release: MCLAREN ST. LUKE’S TO WIND DOWN OPERATIONS THIS SPRING
Hospital will discontinue operations and transition ownership of facilities, land and physical assets to Mercy Health MAUMEE, Ohio (March 3, 2023) – Following years of declining revenues and an unstable reimbursement environment, the McLaren St. Luke’s Board of Directors has made the difficult, but unanimous, decision to close the hospital and related outpatient services. The […]
