Transactions: Investor buys into Anchor’s operating platform
A ‘large international pension fund’ acquires a share of the firm; JLL helps facilitate By John B. Mugford One of the healthcare real estate (HRE) sector’s most prolific private development, management and acquisition firms has sold a share of ownership in its operating platform. In what is being described as a “win-win” transaction for the […]
News Release: StepStone Real Estate to Make a Significant Investment in Anchor Health Properties
September 26, 2022 (Charlottesville, VA & Media, PA) StepStone Real Estate (“SRE”), the real estate arm of private markets investment firm StepStone Group Inc. (NASDAQ: STEP), has made a significant strategic equity investment in Anchor Health Properties (“Anchor”), a best-in-class owner, manager, and developer of healthcare real estate across the United States. The investment was […]
News Release: Medical office plaza near Palm Beach, FL trades
JLL Capital Markets closed the sale of the two-building Woolbright Medical Plaza in Boynton Beach, FL MIAMI, September 26, 2022 – JLL Capital Markets announced today that it has closed the sale of Woolbright Medical Plaza, two institutional-grade medical office buildings totaling 33,154 square feet in Boynton Beach, Florida. JLL represented the seller, TopMed Realty, […]
News Release: Fairfield Advisors announces sale of 3 Medical Office Buildings in Akron, OH area
Fairfield Advisors announces sale of 3 Medical Office Buildings in Akron, OH area (Summa Health, Akron Children’s, Crystal Clinic Orthopaedics) – $8,400,000 Transaction – (Denver, CO. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of three fully occupied Medical Office Buildings in the Akron area. The buildings are anchored by some […]
News Release: Cornerstone Hires Executive Vice President, Development
FOR IMMEDIATE RELEASE INDIANAPOLIS – Cornerstone Companies, Inc. (Cornerstone) is excited to announce that Julia Ehret has joined the Indianapolis-based healthcare real estate firm as Executive Vice President, Development. In this new role, Ehret will focus on leading and driving the growth of Cornerstone’s development platform. To date, Cornerstone has successfully completed more than $1 […]
News Release: Just Closed – Belle Meade Medical Plaza (Nashville, Tenn.)
Capital Markets | Healthcare & Life Sciences Just Closed Class A Medical Office Building in Nashville, Tennessee CBRE Transaction Highlights Date Closed 09/15/2022 Size 62,717 SF Occupancy 100% Belle Meade Medical Plaza | Nashville, TN CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of Belle Meade Medical Plaza (the “Property”) in Nashville, […]
News Release: Anchor Health Properties Expands Footprint in Memphis, Tennessee with 42,099 Square Foot Outpatient MOB
FOR IMMEDIATE RELEASE September 19, 2022 (Nashville, TN) Furthering the company’s multi-asset, nearly one million square foot owned and managed portfolio across Tennessee, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, recently closed on a two story, 42,099 square foot, institutional quality […]
News Release: Anchor Health Properties Enters New Market with Grand Opening of Provider-Based FSED & Urgent Care Center in Oklahoma City, Oklahoma
FOR IMMEDIATE RELEASE September 19, 2022 (Phoenix, AZ) – Celebrating the grand opening of the new 10,865 square foot provider-based free standing emergency department and urgent care center in Oklahoma City, Oklahoma, Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, joined members from […]
News Release: STORE Capital to be Acquired by GIC and Oak Street in $14 Billion Transaction
STORE Capital Stockholders to Receive $32.25 Per Share in Cash September 15, 2022 08:00 AM Eastern Daylight Time SCOTTSDALE, Ariz. & SINGAPORE & CHICAGO–(BUSINESS WIRE)–STORE Capital Corporation (NYSE: STOR, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, and GIC, a global […]
News Release: Heitman Acquires Dallas-Fort Worth Baylor Micro-Hospital Medical Office Portfolio
Chicago, Sept. 14, 2022 – Heitman LLC (Heitman), a global real estate investment management firm, today announced the acquisition of a six building portfolio of Baylor-anchored micro-hospital locations totaling approximately 190,000 square feet. Heitman acquired the Baylor Scott & White Health System (Baylor) Medical Office Building portfolio on behalf of its global strategy in a […]
News Release: Physicians Realty Trust Announces Acquisition of Calko Medical Center, in Brooklyn, New York, for $81.5 Million
September 13, 2022 05:48 PM Eastern Daylight Time MILWAUKEE–(BUSINESS WIRE)–Physicians Realty Trust (NYSE:DOC) (the “Company”), through a joint venture with Dallas, Texas based MedProperties Realty Advisors, LLC (“MedProperties”) is proud to announce the closing of the acquisition of Calko Medical Center. This Class-A, free-standing facility, built in 2013, contains 85,567 rentable square feet, anchored by […]
News Release: CIT Provides $50.8 Million to Seavest Healthcare Properties
NEW YORK, Sept. 13, 2022 /PRNewswire/ — CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business provided $50.8 million to Seavest Healthcare Properties, LLC for the refinancing of Providence Family Wellness Center and Medical Office Building. Providence Family Wellness Center is a newly delivered 118,000 square foot medical office building […]
News Release: CareTrust REIT Invests in Secured Loan Financing on Southeast SNFs
September 13, 2022 06:02 AM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded a $24.9 million B-piece secured financing on a 4-asset skilled nursing portfolio located in the Southeast. The portfolio includes approximately 700 skilled nursing beds. The B-piece loan is secured by the borrowers’ ownership interest […]
News Release: Prime Healthcare Services, Inc. Successfully Completes $50 Million Tender Offer
September 12, 2022 03:59 PM Eastern Daylight Time ONTARIO, Calif.–(BUSINESS WIRE)–On September 2, 2022, Prime Healthcare Services, Inc. completed the repurchase of $50,980,000 aggregate principal amount of Prime’s outstanding 7.250% Senior Secured Notes due November 2025 (the “Notes”). On the Settlement Date, the Company paid all holders of Notes who validly tendered and did not […]
News Release: Two Washington, D.C. area medical offices trade
JLL Capital Markets completed the sale of Shady Grove Professional Centers I and II in Rockville, MD BOSTON, September 13, 2022 – JLL Capital Markets announced today that it has closed the sale of Shady Grove Professional Centers I and II, two multi-tenant medical office buildings that total 103,249 square feet in Rockville, Maryland adjacent […]