JLL Capital Markets closed the sale of 3601 21st St., a 20,880-square-foot, single-tenant, net-leased medical office property in Lubbock. Terms weren’t disclosed. The buyer was Los Angeles-based RealtyMogul. 3601 21st St. is fully leased to Covenant Health System, reportedly the largest healthcare institution in West Texas. Read the full article: Single-Tenant Lubbock MOB Trades to […]
Single-Tenant Lubbock MOB Trades to RealtyMogul Read More »
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Single-Tenant Lubbock MOB Trades to RealtyMogul Read More »
Allison Nelson, co-deputy chair of Akerman’s real estate group, does a lot of mergers and acquisitions work for local healthcare systems. Since COVID-19, she has noticed what some consider an alarming trend. “I see an uptick in physicians selling their practices,” she says. “If you have a small solo practitioner or even a mid-sized or
Landlords Stand to Benefit from Surging Medical Practice M&A Read More »
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Investor groups affiliated with Coordinated Health founder and former CEO Dr. Emil DiIorio have sold the bulk of their Lehigh Valley medical real estate to a Milwaukee firm connected to a key player in the early stages of downtown Allentown’s redevelopment. The entities sold 13 properties where Lehigh Valley Health Network-owned Coordinated Health is a
Covid-19 is clobbering hotels, shopping centers and senior housing communities. But the pandemic is providing an extra boost to landlords leasing to biotechnology, pharmaceutical and other life-sciences businesses. Those owners were already doing a lot of business with companies working on health problems like diabetes and cancer. Now, they are seeing strong demand from companies
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ASCs Inc. and J.H. Winokur closed an ASC real estate sale-leaseback transaction for Sunrise, Fla.-based Baptist Eye Surgery Center. The ASC is a partnership between majority owner Baptist Health South Florida and 11 eye surgeons. The surgeons owned the real estate lease and the sale was made using the existing lease and rent; as a
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