Artemis Real Estate Partners acquired a 10-property medical office building portfolio across six states, REjournals reported Feb. 19. Around 50 percent of the buildings are leased to health systems and several physician groups. Some of the medical office buildings also include imaging centers, ASCs and cancer centers.
Phoenix-based OrthoArizona sold its medical office building and ASC real estate in a multimillion-dollar transaction facilitated by Fairfield Advisors, a national healthcare real estate advisory firm. OrthoArizona is a joint venture between physician owners and Dallas-based United Surgical Partners International. On Feb. 16, the practice sold its real estate in Gilbert, Ariz., for $23.6 million to a private equity group focused on healthcare real estate.
Last week during its earnings call Omega Healthcare Investors’ CEO Taylor Pickett surprised the market with the announcement that the company had acquired 24 senior living communities for $510 million from Healthpeak Properties in January. In the process, it launched a new relationship with leading operator Brookdale and expanded its focus on the senior living space. The portfolio that Omega acquired consists of assisted living, independent living and memory care facilities with a total of 2,552 units located across 11 states.
Healthcare Realty Trust acquired a medical office building in North Carolina for $11.58 million, the Triad Business Journal reported Feb. 1. The firm acquired the building housing Grandview Specialty Clinics in Burlington, N.C. The building is 35,147 square feet. It is part of Cone Health’s Alamance Regional Medical Center Hospital Campus.
White Oak Healthcare MOB REIT has purchased a medical office building located at 2779 W. Horizon Ridge in Henderson. The property features 38,129 square feet of medical office space within close proximity of Dignity Health’s hospital campus.
White Oak Healthcare MOB REIT today announced it has acquired four Class-A Medical Office Buildings in Ohio and Minnesota. The four assets total 112,000 square feet and are fully leased to a diverse group of physician practices and surgery centers. The Fischer Laser Eye Center and surgery center is located in Willmar, Minnesota, in close proximity to Rice Memorial Hospital. The three facilities in Ohio are located in the greater Cleveland area and include the Chardon Surgery Center in Chardon, OH, near TriPoint Medical Center; the Parschauer Eye Clinic in Sandusky, OH, near Firelands Regional Medical Center; and a multi-tenant building anchored by Southwest Urology in Middleburg Heights, OH, near Southwest General Medical Center.
A senior living community in an upscale area of the Triad has sold for $17.58 million in a transaction recorded Monday. SJV 1 Greensboro LLC, controlled by Brookfield Asset Management (NYSE: BAM) of New York City, bought Brighton Gardens of Greensboro from an LP listing the Irvine, California, address of Healthpeak Properties (NYSE: PEAK), a real estate investment trust that invests in health care assets. Brighton Gardens, located at 1208 New Garden Road in Greensboro, provides assisted living, Alzheimer’s and memory care, hospice relationships and short-term stays. Brighton Gardens is operated by Sunrise Senior Living, which operates 320 senior facilities in the U.S., Canada and the United Kingdom.
Montecito Medical Real Estate has acquired an ophthalmic clinic and surgery center in Sterling Heights for an undisclosed price. Built in 1990, the 16,709-square-foot property is occupied by Vision Institute of Michigan.
Zach Goldman, veterinary practice manager and real estate entrepreneur, today announced the launch of Vetley Capital, a veterinary real estate investment firm based in Annapolis, Md. As president of the new firm, and in partnership with David Williams of MRE Capital, who will serve as chairman, Goldman plans to build a long-term portfolio of veterinary real estate properties nationwide.
MedProperties Fund III has acquired the 42-bed, 57,000-square-foot PAM Inpatient Rehab Facility in Fargo, ND for an undisclosed sum. The fund is sponsored by Dallas-based private equity firm MedProperties Realty Advisors, LLC. The Fargo facility is 100% leased on an absolute net basis for 18 years to Camp Hill, PA-based Post Acute Medical (PAM), an experienced operator of inpatient rehab facilities.
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