Medical Office
ARC Buys Southeast Assisted Living Portfolio for $143M
American Realty Capital has shelled out $143 million on the acquisition of a nine-property assisted living portfolio from Prudential Real Estate Investors.
Skanska Lands $189M Research Facility Contract at Massive Swedish Medical Campus
Global project development and construction group Skanska’s Swedish chapter received a construction contract for a new research laboratory in Solna, Sweden.
Citi, Simone Provide NMTC Financing for Metro Center Atrium in the Bronx
Simone and Citi Community Capital, acting in partnership with Monge Capital, provided New Markets Tax Credit financing for the construction of the 370,000-square-foot project which, as home to many healthcare and social services providers, will help fill the gap in medical services in the area.
HCP Shakeup Takes Analysts by Surprise
Analysts and investors were surprised when news came out that the nation’s largest healthcare REIT, HCP, had fired its longtime chairman & CEO.
JLL: MOBs Still a Hot Ticket Among Investors
Judging by recent research conducted by Jones Lang LaSalle’s Healthcare Capital Markets group, investors cannot get enough of the medical office building subsector of healthcare real estate.
Beech Street Closes $55M in FHA Loans for Indiana Skilled Nursing Portfolio
Infinity Healthcare Management wanted to refinance an 808-bed portfolio of skilled nursing facilities in Indiana, and Beech Street Capital has made it happen with the closing of $55.3 million in FHA 232/223(a)(7) loans.
SenQuest Snaps Up 180-Unit Independent Living Community in Texas
SenQuest is planning to invest $100 million in acquisitions this year, and the company, the seniors housing division of Titan Real Estate Investment Group Inc., just shelled out some of those funds on the purchase of Waldenbrooke Estates in Bryan, Texas, approximately 90 miles south of Waco.
Special Feature: Living with Art
Earlier this year, Meta Housing Corp. introduced its third seniors housing residence with an arts orientation, this one featuring a professional theater. CEO John Huskey talks about the company’s efforts to expand its arts- and education-oriented portfolio in this article and podcast.
Griffin-American Expands Internationally with $448M Acquisition
Griffin-American Healthcare REIT II has made its first international acquisition, picking up a 44-facility portfolio of seniors housing and care facilities in the United Kingdom for approximately $448 million.
Formation Capital Buys $400M Seniors Housing Portfolio
Sizeable seniors housing portfolios are not easy to come by, but Formation Capital has gotten its hands on one.