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...

https://www.greenwichtime.com/business/article/Medical-offices-transforming-southwestern-12753358.php

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. 

http://nerej.com/benedict-realty-group-closes-60-million-medical-office-portfolio-purchase

January 3, 2017

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

http://www.globest.com/sites/raynakatz/2017/01/03/brg-mobs-are-the-wave-of-the-future/

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."

http://therealdeal.com/miami/2016/09/15/new-yorker-flips-surfside-retail-building-for-25m/

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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...

U.S. COASTLINE MGT, BENEDICT REALTY ACQUIRE $15.3 MLN KENSINGTON COTTAGES

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Great Neck, NY 11021

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