CBRE Arranges Sale of Fayetteville, Georgia MOB Portfolio

CBRE Arranges Sale of Fayetteville, Georgia MOB Portfolio

CBRE has announced that it arranged the sale of a medical office building (MOB) portfolio spanning 192,363 square feet across two buildings in Fayetteville, Georgia. A joint venture between Remedy Medical Properties and Kayne Anderson Capital Advisors acquired the portfolio for an undisclosed price. A team from CBRE arranged the sale and represented the seller, Piedmont Healthcare, in the transaction. The properties are directly connected to the 310-bed Piedmont Fayette Hospital. Remedy Medical Properties is a full-service healthcare real estate company and the largest private owner of healthcare properties in the country, with more than 26 million square feet and more than 20 offices... Read More »
Long-Term Care Deals Hold Steady in Q2:17

Long-Term Care Deals Hold Steady in Q2:17

Merger and acquisition activity stayed virtually even in the second quarter, down 1% from the previous quarter, to 75 transactions. The quarter’s deal volume makes up 24% of the 315 deals announced within the past 12 months. Q2:17’s deal volume is 17% lower than the same period a year earlier. Source: HealthCareMandA.com, July 2017 Based on revealed prices, approximately $9.7 billion was committed to finance second quarter deals, an increase of 574% compared with the previous quarter and 299% higher than the same period in 2016. The second quarter accounted for 47% of the $20.6 billion spent in the last 12 months. Forty-four of the 75 deals disclosed prices, and two were more than $1... Read More »