On July 20, Seavest Healthcare Properties, a subsidiary of Seavest Investment Group, announced that it acquired a medical office building (MOB) in Manhattan for an undisclosed price.
The eight-story, 57,000-square-foot medical office building is anchored by NYU Langone Health, which offers a wide range of primary and specialist-based healthcare services.
Seavest Healthcare Properties invests in the medical office and outpatient facility sector. The firm acquires existing properties, joint ventures with established developers to build new properties and asset manages medical office buildings, outpatient facilities and similar healthcare real estate assets.
This acquisition continues the growth of Seavest’s core real estate investment strategy and the firm’s growing presence in the New York City metropolitan area. This is Seavest’s second acquisition this month.
This is the 19th MOB acquisition of the month and the 118th MOB deal of the year. This year, 270 medical office building properties have been purchased.
