Medical Office
Friedman Arranges Sale of 35 KSF Michigan MOB
Located at 43494 Woodward Ave. in Bloomfield Hills, Mich., the property is currently occupied by The Grunberger Diabetes Institute.
JV Buys $12M Phoenix MOB
Constructed in 2012, the 34,000-square-foot property is 90 percent occupied by Banner Medical Group and the Center for Orthopedic Research and Education Inc.
CPE’s Top 5 April Posts
Miss out on any CPE stories? Here are five of our most popular articles for the month.
$125M San Diego-Area MOB Changes Hands
Preston Hollow Capital was the sole investor in the financing, which will be used for both improvements and refinancing purposes.
Critical Thoughts With Carter Validus’ Michael Seton
The recently appointed CEO of CVMC REIT I and II discusses the importance of portfolio diversification with mission critical facilities, the basics of investing in specialized asset classes and the essential criteria employed.
Global Medical Buys $64M MOB Portfolio in Ohio
Marietta Memorial Hospital—a division of the Memorial Health System, a Fitch BB-rated health structure—currently leases four assets.
Montecito Medical Expands Milwaukee Footprint
Built in 2016, the two-story facility houses a 24,563-square-foot accredited ambulatory surgery center with five operating rooms and 20 prep and recovery rooms.
HTI Lands $119M Refi for MOB Portfolio
KeyBank arranged the long-term funding for a portfolio of 20 medical office buildings in a dozen states, expanding the REIT’s liquidity position by up to $33 million in net proceeds.
On the Market: 5 Interesting Listings for April
This month’s listings include a historic castle-like office building in Portland, Maine, and an award-winning asset with an all-stone exterior in Chadds Ford, Pa.
Community Healthcare Acquires 4 MOBs in Suburban Chicago
Avison Young negotiated the four-building portfolio deal on behalf of the seller, a partnership of physicians associated with Joliet Oncology-Hematology Associates.