News Release: Crown MedRealty Partners Teams Up With Prevail Real Estate Opportunities to cap off an impressive year with the acquisition of Edgewood Surgical Hospital in Transfer, Pa.
FOR IMMEDIATE RELEASE: Transfer, Pennsylvania — January 31, 2022—Crown MedRealty Partners (“CROWN”), a healthcare real estate firm headquartered in Kansas City, MO, partnered with Leawood, KS based Prevail Real Estate Opportunities to close out an impressive first year with the acquisition of Edgewood Surgical Hospital in Transfer, PA. As a physician-owned and operated hospital system, […]
News Release: New Medical Offices Open at Northwest Health – La Porte (Ind.)
1/31/2022 Today Northwest Health – La Porte (Ind.) opened its new medical office building attached to the hospital at 1331 State Street in La Porte. The approximately 40,000 square foot facility marks the completion of the new construction and transition of services from the original hospital on Lincolnway. The new building includes a combination of […]
News Release: Diversified Healthcare Trust Announces $703 Million Joint Venture for 10 Properties in Its Office Portfolio Segment
DHC to Receive Cash Proceeds of Approximately $653 Million and Retain a 20% Equity Interest in the Joint Venture Selling 80% Joint Venture Equity Interest at a 4.98% Capitalization Rate and Expected Gain on Sale of Approximately $320 Million January 31, 2022 07:00 AM Eastern Standard Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today […]
News Release: Sold – Outpatient Surgery Center | Prescott, AZ
SOLD Outpatient Surgery Center Prescott, Arizona Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery center located in Prescott, AZ. Built in 2006, Tri-City Surgery Center is a state-of-the-art outpatient surgery center consisting of approximately 12,718 SF. The ASC is very well located, […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of an Acquisition Loan for a Large Transaction between KKR Real Estate Select Trust Inc. and Montecito Medical Acquisition Company.
Chicago, January 27, 2022 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it acted as administrative agent and sole lead arranger on an acquisition loan for a joint venture led by KKR Real Estate Select Trust Inc. (“KREST”) and managed by Montecito Medical Acquisition Company. The BMO loan provided financing for the […]
News Release: IRA Capital pays $106 million for California senior housing assets
January 26, 2022 Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two newly-constructed Assisted Living and Memory Care facilities totaling 160 units in the Northern California cities of Dublin (Alameda County) and Novato (Marin County). As one of the most active players in the medical office, life science, […]
News Release: Gene Editing Firm, Graphite Bio, Takes +85,000 SQFT Lease at Nexus on Grand in South San Francisco
Next-generation gene editing company to occupy three full floors of ground-up, Class A life sciences development in one of the top biotech markets in the U.S. SAN FRANCISCO – (January 26, 2022) – Savills announced that it completed an 85,165-square-foot lease relocation and expansion on behalf of Graphite Bio, Inc. (NASDAQ: GRPH) at 233 East […]
News Release: Elliott Bay Acquires 4 Properties totaling 53,000 SF Across Three States
SEATTLE and NEW YORK, January 26, 2022 — A partnership of Seattle-based Elliott Bay Capital Trust (“Elliott Bay”) and New York-based Prospect Ridge has announced the acquisition of four medical properties in three separate transactions and leased to leading healthcare providers across three states. The four newly developed and 100% occupied properties located in Chubbuck, […]
News Release: Seavest and Nuveen partner in $1 Billion medical office transaction
Seavest Healthcare Properties and Nuveen Real Estate concluded the transaction in December 2021, which included a recapitalization of a portion of Seavest’s medical office portfolio NEW YORK, N.Y. and WHITE PLAINS, N.Y., Jan. 26, 2022 – Seavest Healthcare Properties, LLC, the New York City and White Plains based healthcare real estate investment management firm, a division […]
News Release: MedProperties Realty Advisors acquires three-building, 118,003 s.f. health campus in Iowa
FOR IMMEDIATE RELEASE The strategically located Mississippi Valley Health Campus, situated on 12.54 acres in Davenport, is 92 percent leased to a diverse mix of 15 tenants with a weighted average lease term of more than 10 years DAVENPORT, Iowa, and DALLAS, Jan. 26, 2022 – MedProperties Realty Advisors LLC today announced the acquisition of […]
News Release: BXP Sees Strong Leasing Momentum in the 4th Quarter 2021
Executes 1.8 Million Square Feet of Leases with a Weighted-Average Lease Term of 8.6 Years January 25, 2022 05:52 PM Eastern Standard Time BOSTON–(BUSINESS WIRE)–Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced that it executed approximately 1.8 million square feet […]
News Release: Institutional Property Advisors Closes Orthopedic-Anchored Medical Office Sale in Oklahoma City
FOR IMMEDIATE RELEASE OKLAHOMA CITY, OK, Jan. 25, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of the Southwest Orthopedic and Reconstructive Specialists building, a multi-tenant medical office building, totaling 35,347 square-feet in Oklahoma City, Oklahoma. “Conveniently located, this asset is just a 10-minute drive […]
News Release: $22.3M refinancing secured for behavioral hospital on Long Island
JLL Capital Markets led financing efforts for the 146-bed medical facility NEW YORK, Jan. 25, 2021 – JLL Capital Markets announced today that it has arranged a $22.3 million refinancing for 81 Louden Ave., a 124,000-square-foot, 146-bed behavioral hospital facility in Amityville, New York. JLL worked on behalf of the borrower, 81 Louden Real Estate […]
News Release: Cushman & Wakefield Represents Cantor Fund in $8.9M Sale of North Meridian Professional Center in Indianapolis
For Immediate Release Healthcare Capital Markets Team Sells MOB Complex on Behalf of Cantor Partners Indianapolis, January 25, 2022 – Cushman & Wakefield announced today that the firm represented Tampa, FL-based Cantor Partners in its $8.9 million sale of North Meridian Professional Center in Indianapolis. Gino Lollio and Travis Ives, Managing Directors in Cushman & […]
News Release: IRA Capital Acquires Medical Buildings at Doctors Hospital of Augusta
January 24, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two medical office buildings within the 350-bed Doctors Hospital healthcare campus in Augusta, Georgia. The three-story buildings totaling approximately 85,000 square feet are 100% leased to two tenants, Doctors Hospital of Augusta (“DHA”), and The Joseph M. […]