Transactions

News Release: Next Realty Affiliate Acquires Westridge Office Park Near Indianapolis;

News Release: Next Realty Affiliate Acquires Westridge Office Park Near Indianapolis;

PRESS RELEASE Fund IX is now fully invested in a diverse mix of assets CHICAGO (September 15, 2021)— An affiliate of Next Realty, LLC has acquired Westridge Office Park, an office/medical complex, consisting of two single-story buildings at 6791 and 6845 E US Highway 36 in Avon (Indianapolis MSA), Indiana. Terms of the transaction, made […]

News Release: JLL facilitates $245M recapitalization of 31-building healthcare portfolio

News Release: JLL facilitates $245M recapitalization of 31-building healthcare portfolio

Medical office sector continues to be in high demand among investors after sustained positive performance in second quarter NEW YORK – September 15, 2021 – JLL Capital Markets announced today that it has facilitated the $245 million recapitalization and financing of a 31-property medical office building portfolio totaling 545,813 square feet across 10 states. JLL […]

News Release: Newmark Advises Global Nephrology Solutions on Strategic $64.9M Portfolio Monetization

News Release: Newmark Advises Global Nephrology Solutions on Strategic $64.9M Portfolio Monetization

New York, NY (September 15, 2021) — Newmark announces that it has advised Global Nephrology Solutions (GNS) on a strategic $64.9M real estate transaction involving 15 dialysis and medical office facilities spanning 160,854 square feet. GNS is one of the largest kidney care platform and management services organizations in the United States. Newmark’s Vice Chairman […]

News Release: CA Health and Science Trust, Inc. Announces $245 Million Partnership with Davidson Kempner and Monarch Alternative Capital

News Release: CA Health and Science Trust, Inc. Announces $245 Million Partnership with Davidson Kempner and Monarch Alternative Capital

FOR IMMEDIATE RELEASE Platform Swiftly Executes on More Than $50 Million in Acquisitions Following Initial Closing CHICAGO (September 14, 2021) – CA Health and Science Trust, Inc. (“CAHST”), a newly formed and externally managed private real estate investment trust (REIT) focused on the acquisition and development of value-add and core-plus medical office and life science […]

News Release: KKR and Cornerstone Companies, Inc. Establish Joint Venture to Invest in Healthcare Real Estate

KKR Recapitalizes 25 Properties with Cornerstone to Seed New Portfolio September 15, 2021 07:00 AM Eastern Daylight Time NEW YORK & INDIANAPOLIS–(BUSINESS WIRE)–KKR, a leading global investment firm, and Cornerstone Companies, Inc. (“Cornerstone”), a full-service healthcare real estate investment, development and management firm, today announced that Cornerstone and KKR have entered into a joint venture […]

News Release: Montecito Medical Acquires Medical Office Property in Southwest Austin

News Release: Montecito Medical Acquires Medical Office Property in Southwest Austin

FOR IMMEDIATE RELEASE September 14, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in Austin, Texas, that is home to three well-established medical providers and an ambulatory surgery center. The two-story Water Leaf Medical Office Building, which offers […]

News Release: Realty Trust Group Advises Cone Health in Strategic Hospital Disposition

News Release: Realty Trust Group Advises Cone Health in Strategic Hospital Disposition

(September 2021) On August 31st, 2021 Cone Health closed on a transaction to acquire approximately 7-acres of land in Green Valley Office Park, Greensboro’s premier general and medical office corridor, and dispose of the facility operated by Cone Health and previously known as Women’s Hospital. Realty Trust Group (“RTG”) served as Cone Health’s exclusive real […]

In 2021, HTA closed on $385 million of investments totaling over 950,000 square feet of GLA. This includes approximately $306 million of medical office building investments, $70 million in loan funding commitments to projects in Houston, Texas and Charlotte, North Carolina, and $9 million of investments in development joint ventures in Houston, Texas and Raleigh, North Carolina. During Q4 2021, HTA closed on medical office building investments in key markets totaling $118 million with 331,000 square feet of GLA at anticipated in-place year one yields of 5.7%.

News Release: Healthcare Trust of America, Inc. Provides Business Update

NEWS PROVIDED BY Healthcare Trust of America, Inc. Sep 13, 2021, 07:00 ET SCOTTSDALE, Ariz., Sept. 13, 2021 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA or the “Company”) provided a business update regarding recent investment and development activities. “Our recent progress across the portfolio demonstrates HTA’s continued success in penetrating key markets and positioning the […]

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News Release: HSA PrimeCare Announces Acquisition of 16,513-Square-Foot Medical Office Building in Wauwatosa, Wis.

FOR IMMEDIATE RELEASE: CHICAGO/MILWAUKEE (Sept. 10, 2021) — HSA PrimeCare, the national healthcare real estate division of Chicago-based HSA Commercial Real Estate, today announced the acquisition of a 16,513-square-foot medical office building located at 3040 N. 117th St., in Wauwatosa, Wis. “With this acquisition, we continue to strategically grow HSA PrimeCare’s portfolio with high-profile medical […]

News Release: Newmark Arranges Sale of $90 Million, Six-Building Medical Office Portfolio on Behalf of New York Area MOB Investor & Developer, The Atkins Companies

FOR IMMEDIATE RELEASE Newmark’s National Healthcare Capital Markets Group Advised The Atkins Companies and Procured two Public REIT Purchasers Philadelphia, PA (September 10, 2021) — Newmark announces that it has arranged the sale of a 250,000 square foot medical office portfolio comprising six assets developed, acquired and managed by The Atkins Companies, throughout Northeast & […]

News Release: Done Deal - Lemay - Be I'm Amazed

News Release: Done Deal – Lemay – Be I’m Amazed

Sale of 50,000-square-foot medical office building at 2900 Lemay Ferry Road in St. Louis, Missouri Blueprint MOB team leverages local knowledge and relationships to successfully execute sale for long-standing client Hired by public REIT to market this Class B medical office building, Blueprint’s MOB team successfully sourced multiple local bidders to create a competitive process […]

News Release: CIT Serves as Sole Lead Arranger on Financing for Houston-area Medical Office Building

News Release: CIT Serves as Sole Lead Arranger on Financing for Houston-area Medical Office Building

NEW YORK — Sept. 9, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on financing for the acquisition of Hedwig Place, a 102,774-square-foot five-story medical office building close to downtown Houston, Texas. The facility is a Class-A medical office building within the affluent Hedwig […]

News Release: Medical Office Portfolio in Orlando, Fla Sells for $9.5 Million

News Release: Medical Office Portfolio in Orlando, Fla Sells for $9.5 Million

For Immediate Release Cushman & Wakefield’s Healthcare Capital Markets Team Advises Sale of Two-Building Medical Office Portfolio in Orlando, Fla. for $9.5 Million Property well located adjacent to Orlando Health – Health Central Hospital ORLANDO, Fla., September 8, 2021 – Cushman & Wakefield announced the firm has brokered the sale of the West Orange Professional […]

News Release: Newmark Completes Sale of 91,805-Square-Foot Medical Office Building in Gilbert, Arizona for $33 Million

News Release: Newmark Completes Sale of 91,805-Square-Foot Medical Office Building in Gilbert, Arizona for $33 Million

FOR IMMEDIATE RELEASE Phoenix, AZ (September 9, 2021) — Newmark Knight Frank (“Newmark”) announces the sale of Copper Point, a multi-tenant 91,805-square-foot medical office building in Gilbert, Arizona for $33 million in an off-market transaction. Newmark Managing Directors Kathleen Morgan and Trisha Talbot represented the seller, West Coast Capital Partners. The buyer, CA Ventures, was […]

News Release: Colliers announces the sale of  Mid-Town Surgery Center in Houston, Texas

News Release: Colliers announces the sale of Mid-Town Surgery Center in Houston, Texas

Houston, September 8, 2021 – Colliers is pleased to announce the sale of Mid-Town Surgery Center, a 8,936 square foot licensed surgical center located at 2105 Jackson Street in Houston. The buyer, 1701 Webster Ltd., was self-represented. Beth Young of Colliers represented the seller, Jackson Street Realty, LLC, in the transaction. “We received a tremendous […]