News Release: CA Health and Science Trust Announces Fourth Medical Office Acquisition
FOR IMMEDIATE RELEASE The more than 95,000-square-foot, highly accessible and visible property located in Elgin, Illinois is across from a major regional hospital and home to prominent healthcare tenants CHICAGO (November 4, 2021) – CA Health and Science Trust, Inc. (“CAHST”), a newly formed and externally managed private real estate investment trust (REIT) focused on […]
News Release: Avison Young brokers $6.1 million sale of a 24,000-sf medical office property in Torrance, CA
Los Angeles, CA – Avison Young announced today it has brokered the $6.1 million sale of Torrance Medical Plaza, a multi-tenant, 24,000 square-foot (sf) medical office building located at 19000 Hawthorne Boulevard in Torrance, CA. Avison Young Principals David Maling, Chris Maling and Patrick Barnes, who are based in the company’s downtown Los Angeles office, […]
News Release: HRE Capital advises MedDevelopment on $65.725 million sale of two MOBs and parking garage in Phoenixville, Pa.
MedDevelopment Sale of an on-campus portfolio including two medical office buildings totaling 1 08,094 square feet and a 579-space parking garage located in Phoenixville, Pennsylvania THE UNDERSIGNED SERVED AS EXCLUSIVE FINANCIAL ADVISOR HRE Capital Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) served as the exclusive financial advisor related to the disposition of an on-campus portfolio that included two […]
News Release: Welltower Issues Business Update
NEWS PROVIDED BY Welltower Inc. Nov 04, 2021, 16:07 ET TOLEDO, Ohio, Nov. 4, 2021 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/november-business-update About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The […]
News Release: Welltower Reports Third Quarter 2021 Results
NEWS PROVIDED BY Welltower Inc. Nov 04, 2021, 16:06 ET TOLEDO, Ohio, Nov. 4, 2021 /PRNewswire/ — Welltower Inc. (NYSE:WELL) today announced results for the quarter ended September 30, 2021. Recent Highlights Reported net income attributable to common stockholders of $0.42 per diluted share Reported normalized FFO attributable to common stockholders of $0.80 per diluted share Seniors Housing Operating (“SHO”) portfolio occupancy increased approximately 210 […]
News Release: Elliott Bay Acquires 25,000 SF Medical Office Building in Green Bay, WI and Announces 14 Transactions to date in 2021
SEATTLE and NEW YORK, November 5, 2021 — A partnership of Seattle-based Elliott Bay Capital Trust (“Elliott Bay”) and New York-based Prospect Ridge has announced the acquisition of a medical office building in Green Bay, WI. The property is approximately 25,000 square feet of space and is 100% leased to Prevea Health in partnership with […]
News Release: CIT Arranges $55.5 Million Financing for Home Care and Hospice Provider New Day Health Care
NEW YORK — Nov. 4, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on $55.5 million in financing for New Day Healthcare. New Day Healthcare, founded by long term home care executive G. Scott Herman, partners with market-leading home health and hospice providers in […]
News Release: Montecito Medical Acquires Medical Office Building in Arlington, Texas
FOR IMMEDIATE RELEASE November 3, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Park Place Medical Center property in Arlington, Texas. The building, which opened earlier in 2021, offers just over 12,500 rentable square feet of space and is 100% leased […]
News Release: CBRE Completes Sale of Dry Creek Medical Office Building in Englewood, CO
DENVER – Nov. 2, 2021 – CBRE announced the sale of the Dry Creek Medical Office Building in Englewood, Colo. Chris Bodnar, Lee Asher, Ryan Lindsley and Jordan Selbiger with CBRE Healthcare and Life Sciences Capital Markets partnered with Dann Burke, Stephani Gaskins and Anna Heiserman in CBRE’s Denver office to represent the seller. Built […]
News Release: Matthews™ Brokers $5.28M Sale of Pediatric Medical Office
2 November Agents Represent Seller in 1031 Exchange of GA Facility Athens, GA – Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the sale of Piedmont Physicians Pediatrics, located at 1500 Oglethorpe Ave Suite 600, Athens, GA. The transaction was brokered by Associate Ryan Burke and Vice President […]
News Release: Anchor Health Properties Strategically Expands Seattle Area Investment Portfolio with a 40,000+ Square Foot Off Market Acquisition
FOR IMMEDIATE RELEASE November 02, 2021 (Seattle, WA) Continuing a banner year of robust growth to the Company’s investment portfolio, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, has recently closed on the acquisition of a 41,311 square foot Class A medical […]
News Release: Catalyst Healthcare Real Estate & National Real Estate Advisors Announce $1.5 Billion Strategic Partnership
WASHINGTON, DC & PENSACOLA, FL (November 2021) – Catalyst Healthcare Real Estate (“Catalyst HRE”), a national healthcare real estate developer, and National Real Estate Advisors, LLC (“National”), an investment manager specializing in a build-to-core investment strategy, developing, and managing large-scale commercial projects on behalf of its clients, announced today a new joint venture partnership. The […]
News Release: Prince Realty Advisors Completes Sale of a Three-story MOB in Cary, NC
NORTH CAROLINA– Prince Realty Advisors is pleased to announce the sale of the Triangle Medical Center an outpatient, multi-tenant medical office building consisting of 29,178-square-feet. This three-story Class A building is situated adjacent to the WakeMed Cary Hospital which is the only full-service hospital in Cary, NC with over 200 Acute Care beds and 1,300+ […]
News Release: Montecito Medical Acquires Endoscopy Building in DFW Metroplex
FOR IMMEDIATE RELEASE October 27, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office that is home to Mansfield Endoscopy Center and Clinic in Mansfield, Texas. The building, which opened earlier in 2021, offers 13,670 square feet of space and […]
News Release: 3-property core medical office portfolio trades for $31.4M
JLL Capital Markets led sales efforts for the Charlotte, North Carolina-area offering BOSTON – October 28, 2021 – JLL Capital Markets announced today that it has closed the $31.4 million sale of a three-property, core medical office portfolio totaling 72,499 square feet in Charlotte, North Carolina. JLL marketed the portfolio on behalf of the seller, […]