News Release: CIT Provides $80.7 Million to IRA Capital for Surgical Center Acquisitions
NEWS PROVIDED BY CIT, a division of First Citizens Bank Feb 16, 2022, 09:00 ET NEW YORK, Feb. 16, 2022 /PRNewswire/ — CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business served as sole lead arranger on two financings totaling $80.7 million for the acquisition of surgical centers in Naples, […]
News Release: IRA Capital Acquires Serra Medical Plaza in Thousand Oaks, California
February 15, 2022: Southern California private equity firm IRA Capital (IRA) is pleased to announce the acquisition of Serra Medical Plaza, a 13,000 square-foot two-story medical building in Thousand Oaks, California. The Property was built-to-suit in 2014 and is 100% leased to Thousand Oaks Surgery Center (TOSC) – a leading multi-specialty surgery center in Ventura […]
News Release: Welltower Reports Fourth Quarter 2021 Results
2/15/2022 4:05:00 PM EST TOLEDO, Ohio, Feb. 15, 2022 /PRNewswire/ — Welltower Inc. (NYSE:WELL) today announced results for the quarter ended December 31, 2021. Recent Highlights Reported net income attributable to common stockholders of $0.13 per diluted share Reported normalized FFO attributable to common stockholders of $0.83 per diluted share Seniors Housing Operating (“SHO”) portfolio spot occupancy increased approximately 70 basis points (“bps”) during […]
News Release: Cushman & Wakefield Advises Sale of Mixed-Use Medical Project in Glendale, AZ for $12.5 Million
For Immediate Release Cleveland’s Woodside Health acquires Il Palazzo at Arrowhead Ranch PHOENIX, Ariz., – February 15, 2022 – Cushman & Wakefield has advised the sale of Il Palazzo at Arrowhead Ranch, a 44,680-square-foot mixed-use medical office and retail property spanning five buildings in Glendale, Arizona, a suburb of Phoenix. Consisting of one- and two-story […]
News Release: Woodside Health Announces Sale of Multi-State Medical Office Portfolio
CLEVELAND, OH (February 11, 2022) – Woodside Health, an Ohio based private equity firm focused on healthcare real estate, has completed the sale of a medical office portfolio for over $75 million. The portfolio of four assets includes 282,000 square feet located across the Phoenix, Cleveland, and San Antonio MSAs. Tenants include hospital systems, ambulatory […]
News Release: AW Property Co. Recaps Florida Medical Office Portfolio
North Palm Beach, Florida, February 14, 2022 – AW Property Co. (“AW”), a real estate investment and operating company specializing in healthcare properties, announced the $170 million recapitalization of a 13-building medical office portfolio totaling 478,000 square feet across the State of Florida. AW’s new partner in the portfolio is Invesco Real Estate, a global […]
News Release: Sold – Health System Anchored MOB | Brighton, MI
HREA SOLD HEALTH SYSTEM ANCHORED MOB BRIGHTON, MICHIGAN Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a health system anchored multi-tenant medical office building located in Brighton, MI. Genoa Medical Center consists of approximately 81,269 square feet and is occupied by an array of well-established practice groups […]
News Release: CA Health and Science Trust (“CAHST”) Enters into a new $275 Million Credit Facility Expandable up to $600 Million
FOR IMMEDIATE RELEASE New credit facility supports the continued expansion of CAHST’s national medical office and life sciences portfolio CHICAGO (February 10, 2022) – CA Health and Science Trust, Inc., a private real estate investment trust (REIT) focused on the acquisition and development of value-add and core-plus medical office and life science facilities across the […]
News Release: Kayne Anderson Real Estate, Remedy Medical Properties and MedProperties form a $350 million-plus joint venture for an 11-state, 23-asset MOB portfolio
FOR IMMEDIATE RELEASE The more than 1 million-square-foot MedProperties Medical Office Portfolio is 94 percent occupied and 71 percent leased by leading hospitals, hospital systems and other investment grade tenants Top: Two of the properties include the Founders Square Medical Office Building in Naples, Fla. (top) and the OPS North building in Fort Wayne, Ind. […]
News Release: Just Closed – MedProperties Medical Office Portfolio Recapitalization
Capital Markets | Healthcare & Life Sciences Just Closed The MedProperties Medical Office Portfolio Recapitalization: A 23-Property Medical Office Portfolio totaling over 1 million square feet across 12 states Transaction Highlights Date Closed 01/14/2022 Size 1,006,029 SF Occupancy 94% Location 12 States (TX, CA, MO, IN, OH, KY, TN, WV, NY, PA, NC, FL) MedProperties Medical Office Portfolio Recapitalization […]
News Release: MidCap Financial Originates $920MM of New Real Estate Business in 2021
PRESS RELEASE BETHESDA, MD, February 9, 2022 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced its Real Estate Lending Platform originated $920MM of total new business across 42 transactions in 2021. The company originated $462MM of commercial real estate loans across 26 transactions and $458MM of healthcare real […]
Transactions: 11-state, 23-asset, $350 million-plus recap kicks off 2022
Remedy acquires a majority interest in a MedProperties portfolio of more than 1 million s.f. By John B. Mugford It looks as if the healthcare real estate (HRE) recapitalization trend is still going strong. After a 2021 in which more than 10 large recapitalizations – transactions in which a buyer typically acquires a large share, […]
News Release: Capital One Medical Properties Team Sees Positive Business Momentum Through 2021
Media Release New York, NY (February 9, 2022) – Capital One announced its Medical Properties team, part of the Capital One Healthcare Real Estate business, closed more than 90 loan transactions throughout 2021. The transactions totaled approximately $4.2 billion with additional opportunities pushing to 2022. Since 2010, this team – which was acquired in 2015 […]
News Release: NAI Partners Investment Sales team arranges sale of 5040 Crenshaw Rd, a 18,730-sq.-ft. medical office facility on 1.93 acres in Pasadena (Texas)
Houston, TX, February 8, 2022 – NAI Partners—the commercial real estate services business of Partners Real Estate Company—recently arranged the sale of 5040 Crenshaw Rd., an 18,730-sq.-ft. medical office facility on 1.93 acres, on behalf of Preston Medical Realty, in Pasadena, Texas. 5040 Crenshaw NAI Partners’ Cary Latham and Wyatt Huff represented the seller […]
News Release: Just Closed – Centum Health Arizona & Colorado Medical Office Portfolio
Capital Markets | Healthcare & Life Sciences Just Closed Just Closed :: Centum Health Arizona & Colorado Medical Office Portfolio Four-Property, Stabilized Class A Medical Office Portfolio in the Path of Growth Transaction Highlights Date Closed 01/21/2022 Sale Price $56,000,000 Size ±180,000 SF Occupancy 80% Location Arizona & Colorado Centum Health Arizona & Colorado Medical Office Portfolio CBRE U.S. Healthcare […]