02/24/2024
February has been busy at Dunham PLLC. Even with current interest rates, healthy real estate and business transactions can get closed. Working with Steve Timmel, CCIM and his team at CBRE, Cathy Stavros and Brian Dunham represented the seller, Zalla Companies, in its sale early this month of a six-building MOB portfolio to Remedy Medical Properties, the nation's largest private owner of healthcare real estate. On the business side and closing one week later, Jodi Beimesche Henry and Brian Dunham represented an Ohio-based regional business in its sale of a majority equity stake to a Florida-based private equity firm. Last week, a long-time client, after several years of investigating a sale, signed an LOI to sell to an impressive Chicago-based search fund with capital fully committed. What's the moral? Don't use this interest rate environment as a reason to not build toward or seriously pursue a transaction that otherwise makes sense now. There are buyers with capital still out there willing to pay fair value. www.dunhampllc.com
KentuckyHealthcare CBRE closes sale of six-building MOB portfolio in Northern Kentucky February 19, 2024 Share on Facebook Share on Twitter Share on LinkedIn Share via email Photo courtesy of CBRE. CBRE has arranged the sale of a six-building medical office portfolio in Northern Kentucky. Remedy Med...