property type: Medical Office

CIT Group Inc. has provided $33.2 million of financing to help fund Seavest Investment Group's acquisition of the 78,000-square-foot medical-office building at 902 Quentin Road in Brooklyn, N.Y. As reported, the White Plains, N.Y., company bought the property for $53.8 million ...

Commercial Observer A venture of Angelo, Gordon & Co. and the We're Group has secured $350 million of financing against a portfolio of 16 office and medical-office buildings on Long Island, N.Y. Barclays and Citigroup provided the debt, which will ...

Crain's New York Business Seavest Investment Group has paid $53.8 million, or $689.74/sf, for the 78,000-square-foot medical-office building at 902 Quentin Road in Brooklyn, N.Y. The White Plains, N.Y., company bought the eight-story property from Marx Development Group. Tenants include ...

Dallas Business Journal CHRISTUS Health has broken ground on its new Dallas-area headquarters. The health-care system is building the 15-story property on a 4.2-acre site at the northwest corner of North O'Connor and West Las Colinas boulevards in the Las ...

Savlan Capital, a Hollywood, Fla., investment manager that has focused on multifamily and office investments since its founding in 2016, is aiming to make $100 million of investments this year in medical-office properties that are triple-net leased to a single ...

Real Estate NJ A venture of Wythe Medical Properties LLC and OrbVest has paid $20 million, or $250/sf, for an 80,000-square-foot medical-office property in East Windsor, N.J. It bought the two-building complex from the Gordon Group in a deal brokered ...

Remedy Medical Properties has paid $55.2 million, or $788.66/sf, for the 69,992-square-foot Andover Medical Center in the Boston suburb of Andover, Mass. The Chicago company bought the medical-office building from EverWest Partners, a Denver investment firm. Newmark brokered the deal. ...

Commercial Observer JPMorgan Chase Bank has provided $44 million of financing against the medical-office project at 160 West 124th St. in Manhattan's Harlem neighborhood. Cushman & Wakefield arranged the floating-rate loan. Park-It Management is constructing the building on a site ...

Triangle Business Journal Four Springs Capital Trust has bought a two-story medical-office building in Chapel, Hill, N.C., for $14.9 million, or about $578.39/sf. The Lake Como, N.J., REIT acquired the 25,761-square-foot property, on 1.7 acres at 1181 Weaver Dairy Road, ...

Houston Business Journal Bryant + Stacy Group has broken ground on the first phase of the Medical Center of Tomball in suburban Houston. The Houston developer is teaming with Global Health Partners of the United Kingdom to build the medical-office ...