Cypress West Partners

Cypress West is actively pursuing core-plus and value-add healthcare real estate acquisition opportunities. Do you have a project that fits Cypress West’s criteria? Here’s what we're seeking: 👉 Minimum of 60% multi-tenant occupancy 👉 Deal size of $8 million to $75 million 👉 Preferably in the Sunbelt States and West Coast in well populated or growing markets Contact us if you have an opportunity! We’re ready to collaborate! Samuel Clark (South/Southeast) Ed Hernandez (West/Mountain) Learn more: https://lnkd.in/gXcdBYvb #HealthcareInvestment #InvestmentOpportunity #MedicalOffice  

Cypress West Partners in joint venture with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, announced the closing of a medical office portfolio financing and future acquisition credit facility. The financing provided by Capital One Bank, N.A. consisted of financing for an existing portfolio and additional capacity for future acquisitions. The portfolio consists of six Class A medical outpatient facilities totaling 269,000 square feet located in major west coast markets. “This financing closing marks a significant milestone in our strategic partnership with TPG Angelo Gordon. We appreciate the commitment from the Newmark and Capital One teams to this important transaction,” said Christopher J. Cumella, CEO and Co-Founder of Cypress West. Newmark Healthcare Capital Markets advised Cypress West Partners and arranged the credit facility on behalf of the joint venture. For more information, contact: Christopher J. Cumella Jeff Johnson, CPM, ARM Ed Hernandez Samuel Clark Eric Minor #HealthcareInvestment #MedicalOfficeInvestment

Cypress West Partners, in a joint venture with TPG Angelo Gordon, has announced the acquisition of 450 4th Ave., a nearly 37,000-square-foot medical outpatient building in Chula Vista, CA. JLL’s Medical Properties Group, led by Matt DiCesare and Evan Kovac, represented the seller, Turner Impact Capital. 450 4th Ave. is on the campus of the 173-bed Scripps Mercy Hospital Chula Vista and is leased to 12 tenants, including Scripps Health. This transaction is part of a programmatic joint venture between Cypress West and TPG Angelo Gordon, to acquire up to $300 million in medical office assets across the Sunbelt region over the next two years. The JV is focused on assets in strategic, high-growth Sunbelt markets that provide the opportunity to generate core-plus and value-add returns through leasing, repositioning, and redevelopment. Contact Ed Hernandez and Samuel Clark of Cypress West to learn more about our investment strategy. #MedicalOfficeInvestment #HealthcareRealEstate #InvestmentStrategy

The news is out - CBRE Investment Banking has arranged a programmatic joint venture between Cypress West Partners and TPG Angelo Gordon, which has the ability to acquire up to $300 million in medical office assets across the Sunbelt region over the next two years. This joint venture will focus on the acquisition of medical office assets in strategic, high-growth Sunbelt markets that provide the opportunity to generate core-plus and value-add returns through leasing, repositioning, and redevelopment. The first acquisition is an 85,000 SF medical office facility in Scottsdale, AZ – and will also be seeded by the recapitalization of a four-asset portfolio that totals approximately 200,000 square-feet across Arizona and California and is 97% occupied by a diverse roster of healthcare tenants. More coverage here: https://lnkd.in/gjJHbNvB Read more on our website: https://lnkd.in/gk3Dk8jg For acquisition opportunities, please contact Samuel Clark and Ed Hernandez. #MedicalOffice #JointVenture #HealthcareRealEstate

Cypress West Partners was recently named a winner at the 2023 Healthcare Real Estate Insights™ National Program Recognizing Excellence in Healthcare Real Estate. Our team is honored to have received the Best New Medical Office Buildings and Other Outpatient Facilities (Less than 25,000 square feet) for Ocotillo Medical Collaborative in Queen Creek, Ariz. Cypress West Partners thanks Healthcare Real Estate Insights and Murray W. Wolf for this recognition! #HealthcareAwards #OcotilloMedicalCollaborative #ArizonaMedicalOffice #HealthcareRealEstateInsights

We are thrilled to have two properties as finalists in the Healthcare Real Estate Insights Awards - including Best New MOB for Ocotillo Medical Collaborative and Best Renovated Facility for Baywood Medical Collaborative. We salute all of our fellow nominees - and look forward to the winning announcements! https://lnkd.in/gpsvAxbu

Cypress West has announced the sale of the nine-building Paradise Valley Professional Campus in Phoenix. Cypress West Partners’ Christopher J. Cumella said, “The success of this transaction reflected our confidence in our business plan for this asset, despite turbulent market conditions.” Geoffrey Turbow, Gary Cornish, Matt Pourcho, Anthony DeLorenzo and Bryan Johnson of CBRE Investment Properties represented the seller, Cypress West, in the transaction. The campus features nine standalone one-story medical offices, combining for a total of 56,282 sq. ft. The buildings are connected by a shared courtyard and are adjacent to Abrazo Health Scottsdale Hospital Campus. #MedicalOffice #HealthcareInvestmentProperties #ArizonaMedical

We are thrilled to share that Cypress West's Jeff Johnson, CPM, ARM has been named to the GlobeSt.com Healthcare and Senior Housing Influencers for 2023! Thank you for the honor and recognition. #HealthcareInfluencer #Awards #HealthcareRealEstate https://lnkd.in/ggfZ4GUd

Cypress West Partners completed construction on a 22,000 square foot medical office building in the fast-growing community of Queen Creek, AZ. The building is 100 percent leased to five tenants. Located at 22363 E. Domingo Road, the property known as Ocotillo Medical Collaborative was built at a construction cost of $10 million. According to Jason Anzalone, managing director of development, Cypress West Partners, this building is one of the first off-campus for lease medical office buildings to come to market in Queen Creek. Prior to this new development, Queen Creek’s only existing medical office buildings were two on-campus medical office buildings occupied by a health system. https://lnkd.in/dydzwP9B #MedicalOffice #HealthcareDevelopment