Sales of the Week: $1B Medical Portfolio Transaction
The top five sales across the country from Feb. 5 to Feb. 9.
By The Editors February 9, 2024 11:00 am
reprintsMajor deals in Southern California, the Upper West Side of Manhattan and Denver, Colo. and South Florida defined the largest transactions taking place nationwide this week. UCI Health spent almost $1 billion on medical facilities owned by Tenet Healthcare, for example, while the Gotham Organization and Carlyle Group dropped $265 million on a condominium in Manhattan known as Aire.
Amount | Address | Buyer | Seller | Brokers | Asset |
---|---|---|---|---|---|
$975 million | Fountain Valley Regional Hospital, Lakewood Regional Medical Center, Los Alamitos Medical Center, and Placentia-Linda Hospital | UCI Health | Tenet Healthcare | N/A | Health care |
$265 million | 200 West 67th Street | Gotham Organization and Carlyle Group | A&R Kalimian Realty | CBRE’s Darcy Stacom and Alana Bassen | Residential |
$132 million | Prospector Modern and Ladora Modern | Harbor Group International | Garrett Companies | CBRE's Terrance Hunt, Shane Ozment, Andy Hellman and Justin Hunt | Residential |
$81.85 million | 137-31 4th Avenue | New York City School Construction Authority | Eastone Equities and Xuan Cheng |
Savills' Richard Eaddy, Ira Schuman and Joseph Byrnes
|
Development site |
$19.2 million | 511 NE 27th Street | Grupo T&C | Groupe City | N/A | Development site |
Sales of the week reflect deals closed or announced from Feb. 5 to Feb. 9. Information on sales can be sent to editorial@commercialobserver.com.
Deals of the Week, Healthcare, New York City School Construction Authority, Portfolio Sale, Xuan Cheng, A&R Kalimian Realty, Eastone Equities, Garrett Companies, Gotham Organization, Grupo T&C, Harbor Group International, Tenet Healthcare, The Carlyle Group, UCI Health