San Diego MOB Set for Conversion to Office/Medical Condos

San Diego MOB Set for Conversion to Office/Medical Condos

Compass Capital Investments has acquired RB Medical Plaza, a two-building, 75,598-square-foot office and medical asset located in San Diego. The property was acquired for $18,250,000, or $241 per square foot. The new... Read more »
Douglas Emmett Adds MOB Portfolio to Beverly Hills Holdings

Douglas Emmett Adds MOB Portfolio to Beverly Hills Holdings

Douglas Emmett, Inc. has acquired the Bedford Collection, a 246,000-square-foot outpatient medical portfolio located on Bedford Drive in the Beverly Hills “Golden Triangle.” The $260-million acquisition was executed through a newly formed... Read more »
Three-Building MOB Portfolio Changes Hands in Stamford

Three-Building MOB Portfolio Changes Hands in Stamford

The CBRE team of Jeff Dunne, Steve Bardsley and Travis Langer, in collaboration with Brannan Knott and Chris Bodnar of CBRE’s U.S. Healthcare Capital Markets, represented the seller, Summer Street Properties, LLC... Read more »
Matthews Closes Sale of Hartford-Area MOB at Record Cap Rate

Matthews Closes Sale of Hartford-Area MOB at Record Cap Rate

Matthews completed the sale of ProHealth Physicians of Bristol, located at 1251 Farmington Ave. in the Hartford suburb of Bristol, CT. SVPs & senior directors Rahul Chhajed, Michael Moreno and VP and director Tyler Swade represented... Read more »
Thorofare Provides M Refi on Irvine MOB for Harrison Street, Archer

Thorofare Provides $51M Refi on Irvine MOB for Harrison Street, Archer

JLL Capital Markets arranged a $51-million refinancing for Pacifica Medical Plaza, a 114,209-square-foot medical building in Irvine. Senior managing director John Chun and associate Kyle White worked on behalf of the borrower, a... Read more »
Burbank MOB with Stable Tenant Roster Goes to Private Buyer

Burbank MOB with Stable Tenant Roster Goes to Private Buyer

CBRE arranged the $16.05-million sale of a 47,708-square-foot outpatient medical office building in Burbank to a private investor. Located at 500 E. Olive Ave., the eight-story property was 90% occupied at the time... Read more »
Burbank MOB with Stable Tenant Roster Goes to Private Buyer

Gantry Arranges $28M Refi on Fully Leased Torrance MOB

Gantry secured a $28-million permanent loan to refinance the Torrance Memorial Lundquist-Lurie Cardiovascular Center located at 2841 Lomita Blvd. in Torrance. The three-story, 65,000-square-foot medical office building is 100% leased for use by physicians and... Read more »
Burbank MOB with Stable Tenant Roster Goes to Private Buyer

Del Ray Realty Secures 85% LTV for Beverly Hills MOB Acquisition

Notwithstanding a volatile commercial lending market, particularly relating to office buildings, Del Ray Realty founder Ray Rowshankhah secured a favorable loan structure at 85% LTV for the acquisition of 501 S. Beverly, a three-story... Read more »