March 16, 2018

...Rising demand from physicians and specialists has driven the medical office vacancy rate to a record low, according to an industry report published by CBRE last fall. As of early 2017, it had dipped to 8 percent, compared to a 13 percent vacancy rate in the U.S. office market. It is projected the number of people who are 65 and older will almost double by 2055...

January 31, 2017

Benedict Realty Group (BRG) has closed on the $60 million acquisition of 12 medical office buildings with 350,000 s/f of space. The acquisition expands BRG’s portfolio of medical office buildings to a total of 600,000 s/f in 17 properties along the East Coast.

January 3, 2017

Historically a multifamily investor, NYC Benedict Realty Group founder and president Daniel Benedict sees even greater potential in healthcare...

September 15, 2016

"About nine months after acquiring a prime retail spot in Surfside for $18 million, Benedict Realty Group flipped the property for $25 million... The deal breaks down to $997 per square foot for the building and $1,086 per foot for the land."

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The joint venture between U.S. property management company Coastline Management Group and its counterpart Benedict Realty Group has acquired Kensingto...


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Great Neck, NY 11021

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