Carlton Fields, Shumaker Loop Guide $117M Property Deal

Law360, Los Angeles (April 28, 2015, 7:47 PM EDT) -- Carlton Fields Jorden Burt LLP represented a health care-focused private non-traded real estate investment trust in its roughly $117 million purchase of a portfolio of 20 radiation oncology centers, a deal announced Tuesday by broker Marcus & Millichap Inc. and a matter Shumaker Loop & Kendrick LLP worked on as seller’s counsel.

The 20 properties — located in California, Florida, Nevada, Kentucky and West Virginia — have a combined 224,150 square feet.

Marcus & Millichap did not disclose additional details about the buyer.

“We were able to match an active, assertive institutional healthcare buyer with a seller who had built a...

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