News Releases: Montecito Medical Acquires Medical Office Property in Vidalia, LA
Riverfront Medical Center expands company’s footprint in state FOR IMMEDIATE RELEASE February 24, 2022 Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Riverpark Medical Center in Vidalia, Louisiana. The 44,500 square-foot, multi-tenant building is 100% leased. “With the exception of overnight hospital beds and an emergency […]
News Release: MidCap Financial Closes First Mortgage on a Newly Constructed 88-Unit Seniors Housing Asset in Gainesville, GA
PRESS RELEASE BETHESDA, MD, February 23, 2022 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with Manor Lake Development LLC. The $18,500,000 floating rate first mortgage loan facilitated the refinance of Manor Lake Gainesville, an 88-unit assisted living and memory care facility located […]
News Release: MidCap Financial Closes First Mortgage on a 141,442 Square Foot Building in Hopkinton, MA to be Repurposed for Life Sciences Use
PRESS RELEASE BETHESDA, MD, February 23, 2022 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a $40,725,000 transaction with a joint venture between Griffith Properties, LLC and a fund managed by DRA Advisors. The floating rate first mortgage loan facilitated the acquisition and repositioning of […]
News Release: Just Closed – DuPont Medical Center
Capital Markets | Healthcare & Life Sciences Just Closed Health System Anchored Medical Office Building with Ambulatory Surgery Center in Louisville, KY CBRE Transaction Highlights Date Closed 02/17/2022 Size 47,924 SF Occupancy 100% DUPONT MEDICAL CENTER | LOUISVILLE, KENTUCKY CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of DuPont Medical Center (the […]
News Release: HEARN Unveils Plans for Medical Office at 875 North Michigan Avenue
“Building Within a Building” will Deliver Unparalleled Patient Experience; HEARN Selects Cushman & Wakefield to Market Mag Mile Medical Pavilion to Healthcare Tenants CHICAGO, February 23, 2022 – The Hearn Company will convert four office floors at 875 North Michigan Avenue to accommodate clinical and surgical uses creating the Mag Mile Medical Pavilion, a Class […]
News Releases: Recent MOB Closing | CREG U.S. Healthcare Investment Sales (Riverpark ASC and Merit Imaging Center, Vidalia, La.)
Capital Real Estate Group’s – U.S. Healthcare Investment Sales practice is pleased to announce the sale of a 44,500 SF, multi-tenant medical office building located in Vidalia, LA for approximately $13,325,000. CREG acted as the Seller’s exclusive advisor in the sale of the building. The 100% leased building is anchored by the Riverpark Ambulatory Surgery […]
News Releases: CIT Provides More Than $44 Million for Medical Office Building Properties
NEW YORK — Feb. 23, 2022 — CIT, a division of First Citizens Bank, today announced that its Healthcare Finance division provided more than $44 million toward the financing of medical office buildings and facilities in Florida, Washington, and Arizona. The loans supported a joint venture managed by Montecito Medical Real Estate in acquiring medical […]
News Release: Physicians Realty Trust Reports Fourth Quarter 2021 Financial Results
Company Release – 2/23/2022 Announces $0.12 Net Income per Share and $0.26 Normalized FFO per Share for the Fourth Quarter of 2021 Announces $1.03 Billion of 2021 Acquisitions and Investment Commitments Fourth Quarter Highlights: Reported fourth quarter 2021 total revenue of $116.1 million, an increase of 4.2% over the prior year period. Generated fourth quarter net […]
News Release: SRS Completes Portfolio Sale of Fresenius Medical Occupied Portfolio
SRS’ National Net Lease Group Completes Portfolio Sale of 8 Single-Tenant Fresenius Medical Care-Occupied Properties Totaling $56.54 Million Newport Beach, CA (February 22, 2022) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the portfolio sale of eight single-tenant properties occupied by Fresenius Medical Care, valued at approximately $56.54 […]
News Release: Meridian Sells Renovated 26,000 SF Medical Office Building in Torrance, Calif. for $14.2 Million
FOR IMMEDIATE RELEASE: Meridian Sells Renovated 26,000 SF Medical Office Building in Torrance, Calif. for $14.2 Million NEWPORT BEACH, Calif. – Meridian, a full-service owner, operator, and investor of healthcare real estate, is pleased to announce that the company has sold its renovated 26,000-square-foot medical office building in Torrance, California, to a private investor. The […]
News Release: Alexandria Real Estate Equities, Inc. Announces Long-Term 334,000 RSF, Full-Building Lease for the New Lilly Institute for Genetic Medicine at 15 Necco Street in the Seaport Innovation District in Greater Boston
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Feb 22, 2022, 08:30 ET PASADENA, Calif., Feb. 22, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT and the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, agtech and technology campuses in AAA innovation cluster […]
News Release: Healthcare Realty Trust Reports Results for the Fourth Quarter (2021)
February 22, 2022 06:50 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., Feb. 22, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the fourth quarter ended December 31, 2021. The Company reported net income of $21.6 million, or $0.14 per diluted common share, for the quarter ended December 31, 2021. Normalized FFO for […]
News Release: SOLD – On-Campus Medical Office Building | Sarasota, Florida
SOLD HREA SARASOTA FLORIDA ON-CAMPUS MEDICAL OFFICE BUILDING Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of an on-campus medical office building located in Sarasota, FL. Constructed in 2003, the Silverstein Institute medical office building is 93% leased and anchored by First Physicians Group ENT (FPG), a […]
News Release: Just Closed – The Woodside Health Medical Office Portfolio
Capital Markets | Healthcare & Life Sciences Just Closed The Woodside Health Medical Office Portfolio: A 4-Property Medical Office Portfolio in AZ, OH & TX CBRE Transaction Highlights Date Sold 02/11/2022 Size 282,751 SF Occupancy 83% Location 3 States (AZ, OH, TX) Woodside Health Medical Office Portfolio CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce […]
News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance provides a $18.23 Million Credit Facility for Caddis
Chicago, February 17, 2022 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it has closed on an $18.2 million term loan to Caddis to acquire a medical office building located in Ft Wayne, IN. The building totals 58.8K SF and is currently 100% occupied and features a strong anchor tenant, Lutheran Health […]