News Release: Avison Young arranges $20 million loan for premier medical office building in McLean, VA
MARCH 23, 2022 Avison Young’s Debt and Equity Finance Team arranges refinancing on behalf of Stewart Investment Partners and Chestnut Funds MCLEAN, Va. – Avison Young’s Debt and Equity Finance Team announced today that it has arranged a $20 million loan to refinance the medical office building in the heart of downtown McLean, Va. Avison […]
News Release: Cushman & Wakefield Arranges Five Leases for 371 East Paces Medical Office Building During Pandemic
For Immediate Release ATLANTA, March 23, 2022 – Cushman & Wakefield announced that the commercial real estate services firm arranged five leases during the pandemic at a 114,370-square-foot (sf) medical office building located at 371 East Paces Ferry Rd. NE. George Olmstead of Cushman & Wakefield represented the landlord, The Loudermilk Companies, in the leasing […]
News Release: MedCraft Investment Partners acquires off-market medical office buildings in Connecticut
Minneapolis, Minn. – March 22, 2021 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, MedCraft Investment Partners has acquired off-market medical office buildings in Connecticut. The buildings span 80,000 square feet and are located on 9.5 acres in a growing community. They are fully leased and anchored by a large regional […]
Transactions: A $1.7 billion hospital portfolio recap
MPT sells a 50 percent stake in 8 facilities to Macquarie; CBRE acts as advisor By John B. Mugford Nearly everyone involved in the healthcare real estate (HRE) space is talking about the relatively new and growing trend in which large capital sources, including institutional investment management firms, are acquiring ownership stakes in medical office […]
News Release: Just Closed – The Eating Recovery Center at Lowry (Denver)
Capital Markets | Healthcare & Life Sciences Just Closed Single Tenant Healthcare Facility in Highly Affluent Denver Community Transaction Highlights Date Closed 03/16/2022 Size 62,858 SF The Eating Recovery Center at Lowry | Denver, CO CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of The Eating Recovery Center at […]
News Release: Bear Real Estate Advisors Represents Cypress West Partners in Acquisition of Las Vegas Medical Office Building Portfolio
NEWS PROVIDED BY Bear Real Estate Advisors Mar 21, 2022, 14:52 ET LAS VEGAS, March 21, 2022 /PRNewswire/ — Bear Real Estate Advisors, a national investment services firm, announced today its representation of Cypress West Partners in the acquisition of a four-building, multi-tenant medical office building portfolio in the Las Vegas suburb of Henderson, Nevada. […]
News Release: Transwestern Launches New Opportunistic Investment Platform
Fred Knapp Joins Firm as Managing Partner to Lead Transwestern Ventures March 21, 2022 09:45 ET | Source: Transwestern HOUSTON, March 21, 2022 (GLOBE NEWSWIRE) — Transwestern, an integrated commercial real estate firm comprised of Transwestern Real Estate Services (TRS), Transwestern Development Company (TDC) and Transwestern Investment Group (TIG), announces the formation of Transwestern Ventures […]
News Release: CBRE Advises on $1.7 Billion Portfolio Recapitalization and Debt Financing of Eight Inpatient Hospitals in Massachusetts
Press Release FOR IMMEDIATE RELEASE NEW YORK – March 16, 2022 – CBRE advised on the successful equity recapitalization and debt financing of a $1.7 billion portfolio consisting of eight inpatient general acute care hospitals located in Massachusetts. CBRE advised Medical Properties Trust, Inc. (“MPT”) (NYSE: MPW) to first source a new equity partner to […]
News Release: OrbVest Announces The Acquisition Of The Cincinnati Medical Office
OrbVest expands its medical office property portfolio with the acquisition of the Cincinnati Medical Office, a 67,356 SF facility with two well-maintained Class A Medical Office properties in Cincinnati, Ohio CINCINNATI, MARCH 16, 2022. OrbVest (ORB), a global real estate company investing in income-producing medical commercial real estate in the United States, recently closed on its […]
News Release: CORRECTING and REPLACING Medical Properties Trust Completes Hospital Partnership With Macquarie Asset Management
CORRECTION…by Medical Properties Trust, Inc. March 16, 2022 10:18 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Immediately prior to the forward-looking statement language, the sentence should read: CBRE and Goldman Sachs & Co. LLC acted as financial advisers, and Goodwin Procter and Baker Donelson PC acted as legal advisers for MPT. (instead of CBRE acted as […]
News Release: JLL Income Property Trust Acquires South Reno Medical Center
NEWS PROVIDED BY JLL Income Property Trust Mar 16, 2022, 10:00 ET CHICAGO, March 16, 2022 /PRNewswire/ — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $5.9 billion in portfolio assets today announced the acquisition of South Reno Medical Center, a more than 32,000-square foot, […]
News Release: GreenLake Funds $16,500,000 Refinance Loan for Medical Office Condos in the Chicago Metropolitan Area
NEWS PROVIDED BY GreenLake Asset Management LLC Mar 16, 2022, 08:54 ET CHICAGO, March 16, 2022 /PRNewswire/ — Los Angeles based GreenLake Asset Management LLC (“GreenLake”) has funded a $16,500,000 loan to refinance medical office condominiums in Blue Island, IL. The borrower acquired a vacant hospital, MetroSouth Medical Center, in 2019 and converted it into […]
News Release: CBRE Completes Portfolio Sale of Eight Medical Office Buildings in California
Press Release FOR IMMEDIATE RELEASE LOS ANGELES – March 11, 2022 – CBRE announced the successful arrangement of the sale of a 380,000 square-foot medical office portfolio consisting of eight properties located in the San Francisco Bay Area and the San Fernando Valley region in Greater Los Angeles. Tenants include leading regional health systems such […]
News Release: SOLD | 3801 Chestnut Street | 310,000 SF Lab Development
NEWMARK HEALTHCARE CAPITAL MARKETS CLOSING ANNOUNCEMENT 310,000 SF Lab Development 3801 Chestnut Street University City | Philadelphia, PA MARCH 2022 Newmark is pleased to announce the sale of 3801 Chestnut Street, a to-be-built 310,000 SF life science development site in the University City neighborhood of Philadelphia, a leading center of science, innovation, research and education. uCity […]
News Release: LPC West and TriGate Capital Acquire Multi-Building, Class-A Office Campus in the Heart of Orange County
The Square on Main in the City of Orange includes 420,000 square feet across five buildings with a 96.5 percent lease rate March 09, 2022 01:31 PM Central Standard Time ORANGE, Calif.–(BUSINESS WIRE)–LPC West, the West Coast arm of national real estate firm Lincoln Property Company, has partnered with TriGate Capital, LLC, a leading real […]