Healthcare Real Estate

NEW YORK CITY—Looking to relocate from Midtown West, the not-for-profit organization found the purchase to be more cost-effective than signing a long-term lease.

LA GRANGE, TX—With an aging population and ever-increasing demand for healthcare facilities, St. Mark's is a valuable asset to both Rainier's real estate portfolio and the greater central Texas community.

FORT WORTH—The asset was well located with potential for growth, and the transaction generated strong risk-adjusted returns to investors, allowing Ridgeline to recycle capital into value-add opportunities.

DALLAS—Velocis purchased the property in 2012 and invested $1.5 million in property renovations, with substantial upgrades made to all six floors of the building and the parking garage, which resulted in positioning for a recent sale.

CALABASAS, CA—Deal flow for medical office buildings was up 17% during the trailing 12 months ended June 30, according to the latest report on the sector from Marcus & Millichap.