News Release: H2C Secures Construction Debt for Development of IRF and LTACH
NEW YORK — H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory and investment banking firm, served as the exclusive financial advisor to a privately held joint venture that is developing a 62-bed, 74,640- square-foot inpatient rehabilitation facility (“IRF”) and long-term acute care hospital (“LTACH”) in Miamisburg, Ohio, to be known as ”Post Acute Medical of […]
News Release: Bain Capital Real Estate and Evergreen Medical Properties Acquire Two Medical Office Buildings
BOSTON and DENVER, October 5, 2021 — Bain Capital Real Estate, the real estate investing business of Bain Capital, and Evergreen Medical Properties, a company that invests in, leases and manages healthcare facilities, today announced the acquisition of two properties in suburban St. Louis, Missouri and in Providence, Rhode Island with a combined total of […]
Transactions: The year’s largest MOB deal is likely to close in Q4
DOC to acquire 15 MOBs in eight states for $764.3M; sources indicate Landmark is the seller By John B. Mugford In what healthcare real estate (HRE) sector sources say will likely end up as the biggest — by dollar value — medical office building (MOB) portfolio sale of 2021, Milwaukee-based Physicians Realty Trust Inc. (NYSE: […]
News Release: Montecito Acquires Medical Office Property in Rhode Island
FOR IMMEDIATE RELEASE October 5, 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 East Greenwich, Rhode Island, that is home to one of the region’s leading orthopedic groups. Constructed in 2013 and renovated in 2020, the building […]
News Release: Harrison Street Reaches Hard Cap and Raises $2.5 Billion in Equity for Eighth U.S. Opportunistic Real Estate Fund, Firm’s Largest Closed End Fund Ever
2021 among most active periods in Harrison Street’s 16-year history Executed $15 billion in transactions and raised over $6.9 billion in capital across strategies since the start of the pandemic October 05, 2021 08:00 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today […]
News Release: American Healthcare REIT Formed Upon Completed Merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV and Acquisition of American Healthcare Investors
Transaction creates $4.2 billion self-managed, diversified healthcare REIT IRVINE, Calif. (Oct. 1, 2021) – American Healthcare REIT, Inc. (formerly known as Griffin-American Healthcare REIT IV, Inc., or “GAHR IV”) announced today that it has completed its merger with Griffin-American Healthcare REIT III, Inc. (“GAHR III”) in a tax-free, stock-for-stock transaction that created a combined company […]
News Release: Ridgeline Capital Partners Acquire Two Medical Office Buildings from Separate Sellers
FOR IMMEDIATE RELEASE October 1, 2021 Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”), an owner of healthcare real estate, is pleased to announce that the firm has closed on two acquisitions of medical office buildings in DFW. Ridgeline acquired a 34,000 SF MOB in McKinney, Texas and a 20,200 SF MOB in Fort Worth, Texas. […]
News Release: JUST SOLD – Value-Add Medical Office Project Transacted for $468 PSF in Burbank, CA
JUST SOLD 2701 West Alameda Avenue | Burbank, CA CBRE’s Investment Properties–California/Arizona/Nevada team is pleased to announce the sale of 2701 W. Alameda Avenue in Burbank, California, for $23.9 million ($468 PSF). The 50,986-square-foot medical office project was available for sale for the first time since it was built more than 50 years ago. At […]
News Release: CBRE Announces the Sale of 50,986 Square-Foot Medical Office in Burbank to GPI Companies for $23.9 Million
Press Release FOR IMMEDIATE RELEASE CBRE Announces the Sale of 50,986 Square-Foot Medical Office in Burbank to GPI Companies for $23.9 Million Transaction received strong interest and multiple offers Los Angeles – Oct. 1, 2021 – CBRE announced the sale of a 50,986 square-foot on-campus medical office property in Burbank, Calif. for $23.9 million, or […]
News Release: The Easton Group Advises on Sale of Ft. Worth, Texas Medical Office Building
FOR IMMEDIATE RELEASE Transaction closed September 30 for newly constructed building with single tenant Ft. Worth, Texas (Sept. 30, 2021) The Easton Group, a leading commercial real estate firm in Miami, arranged the sale of a 20, 200-square-foot medical office building in Ft. Worth, Texas to Dallas-based Ridgeline Capital Partners. The transaction closed September 30. […]
News Release: Physicians Realty Trust Announces Agreement to Purchase Medical Office Portfolio for $764 Million
October 01, 2021 05:56 PM Eastern Daylight Time MILWAUKEE–(BUSINESS WIRE)–Physicians Realty Trust (NYSE:DOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed healthcare real estate company, announced today that the Company, through its operating partnership, Physicians Realty L.P., a Delaware limited partnership (the “Operating Partnership”), has executed a Master Transaction Agreement for the acquisition […]
News Release: Montecito Medical Acquires Surgery Center Building in Arlington, TX
FOR IMMEDIATE RELEASE September 30, 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 Arlington, Texas, that is home to a surgery center operated by the dominant urology group in the area. The property, which offers more than […]
News Release: Flagship REIT acquires ASC in Wilmington, NC
Flagship Healthcare Trust Acquires Surgery Center In Wilmington, NC Wilmington SurgCare is ideally located near New Hanover Regional Medical Center CHARLOTTE, N.C. (September 29, 2021) — Flagship Healthcare Trust, a Charlotte-based outpatient healthcare real estate investment trust (REIT), has acquired a Class A ambulatory surgery center (ASC) in Wilmington, North Carolina. Located at 1801 South […]
News Release: CA Health and Science Trust Portfolio Expansion Continues Through Acquisition of Northwest Indiana Medical Office Complex
Transaction marks early, continued momentum with a third investment following the company’s launch and the closing of a $245 million equity commitment less than a month ago CHICAGO (September 27, 2021) – CA Health and Science Trust, Inc. (“CAHST”), a newly formed and externally managed private real estate investment trust (REIT) focused on the acquisition […]
News Release: Rendina Healthcare Real Estate Forms Strategic Joint Venture with Artemis Real Estate Partners to Grow $1 Billion MOB Portfolio; Newmark Advises on Portfolio Recapitalization & Joint Venture
FOR IMMEDIATE RELEASE Artemis Recapitalizes 6 Properties with Rendina to Seed New JV for Development and Acquisition of MOBs Nationwide Philadelphia, PA (September 29, 2021) — Newmark announces that it has arranged a strategic joint venture seeded by a national MOB portfolio recapitalization. Rendina Healthcare Real Estate “Rendina” is a leading, national medical office development […]