Medical Office
HTI to Buy Sibling’s Portfolio for $120M
Following the transaction’s closing, American Realty Capital Healthcare Trust III expects to liquidate and dissolve. The sale comprises 19 properties totaling approximately 468,000 square feet.
Modular Sofa Adds Design, Functionality
Modern Office Furniture’s Zig Zag sofa can be arranged and re-arranged in various formations to accommodate different seating or room layout requirements. The pieces are modular and come fully assembled, offering a pre-built seating concept for lobbies or entryways.
SGPS Snaps Up Atlanta-Area Medical Office Portfolio
The strategic location and accessibility of the assets will help the new owner fill the properties’ remaining vacancies by attracting tenants focused on surgical and diagnostic specialty centers.
$1.2B Integrated Health Care Village Expands in NV
PMRG has wrapped up development of an 85,000-square-foot medical office building and surgery center in Henderson, Nev. The facility is part of Union Village, a 170-acre community that includes health care, housing, retail and entertainment.
Everest Snags $58M Medical Office Portfolio
The real estate company partnered with a major pension fund to acquire four properties in Sugar Land and Richmond, Texas.
Economy Watch: Demand For Skilled Nursing Facilities Edges Up in Q1
The percentage of Medicare patients among the overall mix of patients is also increasing, according to the National Investment Center for Seniors Housing & Care, reflecting the growing important of Medicare within the skilled nursing sector.
Tamarac Medical Office Trades in $4M Deal
CRE Florida Partners’ Michael Rauch and Tom Robertson worked on behalf of the seller, while City National Bank of Florida provided $2.9 million in acquisition financing.
JV Brings 102 KSF Medical Facility to Houston
Stream Realty Partners, in partnership with AMD Global LLC and Diamond Realty Investments Inc., will break ground on the Class A facility at the end of the year.
CBRE Secures 1031 Exchange Buyer for LA MOB
The 18,984 square-foot property changed hands for $5.4 million and is fully leased on a long-term basis to Avanti Hospitals.
Niche Plays: The Rise of Specialty Sectors
Technological advancements and demographic patterns are giving rise to new needs. Which are the sectors seeing the benefits—and offering long-term investment opportunities as a result?