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News Release: Rutland (Vt.) Regional opens Huebner Medical Office Building

News Release: Rutland (Vt.) Regional opens Huebner Medical Office Building

Thu, 10/22/2020 – 12:10pm EDT RUTLAND, Vt. — The Thomas W Huebner Medical Office Building at Rutland Regional Medical Center was officially dedicated on Monday, October 19, 2020. The new building, which is adjacent to the hospital on Allen Street in Rutland, is the new home for the Vermont Orthopaedic Clinic, Physiatry services and ENT & […]

News Release: IRA Capital Acquires North Hills Health Center For $60M

News Release: IRA Capital Acquires North Hills Health Center For $60M

October 21st, 2020 – Southern California private equity firm IRA Capital “IRA” is pleased to announce the $60 Million acquisition of North Hills Health Center in Menomonee Falls, Wisconsin. The medical campus comprises two class-A buildings totaling 119,000 SF that are 100% occupied by Froedtert Health, a five-hospital system and the primary teaching affiliate of […]

News Release: 2020 HREI Insights Awards Finalists announced

News Release: 2020 HREI Insights Awards Finalists announced

8th annual awards recognize excellence in HRE development and leadership MINNETONKA, Minn. — HREI is pleased to announce the Finalists of the 2020 HREI Insights Awards, the first and only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership. The awards are presented by Minnetonka-basedHREI, the nation’s first […]

News Release: Anchor Health Properties Acquires Desirable Asset Portfolio in Prominent Healthcare Corridor

News Release: Anchor Health Properties Acquires Desirable Asset Portfolio in Prominent Healthcare Corridor

FOR IMMEDIATE RELEASE October 21, 2020 (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has recently acquired a two building portfolio in the affluent Germantown submarket of Memphis, Tennessee through a joint venture with an existing institutional equity partner. Located […]

News Release: Montecito Medical Real Estate Adds Two New Members to Rapidly Expanding Data Team

News Release: Montecito Medical Real Estate Adds Two New Members to Rapidly Expanding Data Team

FOR IMMEDIATE RELEASE October 21st, 2020   NASHVILLE, Tenn. – Montecito Medical, one of the nation’s top privately held acquirers of medical office real estate, has expanded its information technology team with the recent addition of two new members — Robert Pestona and Andrea Allen — to help leverage the company’s leadership position in data-driven […]

Feature Story: MOB development likely to take a hit in 2021

Feature Story: MOB development likely to take a hit in 2021

Even so, upbeat InterFace panelists say there are opportunities out there By John B. Mugford As the COVID-19 pandemic continues, it has become clear that medical office buildings (MOBs) are one of the most resilient, most likely to survive any type of economic slowdown or national crisis product type in commercial real estate. However, one […]

News Release: Realty Trust Group Represents Cone Health in $18.5M Acquisition in Greensboro, N.C.

News Release: Realty Trust Group Represents Cone Health in $18.5M Acquisition in Greensboro, N.C.

GREENSBORO, N.C., Oct. 20, 2020, 9 a.m. EDT — Realty Trust Group has recently brokered the $18.5 million acquisition of a 140,000 square foot commercial office building located in Greensboro’s premier office park known as Green Valley Office Park.  RTG’s Adam Luttrell, Vice President of Advisory Services, represented the purchaser, Cone Health, in the transaction.  […]

News Release: Just Closed - Wolf River Medical Arts Campus

News Release: Just Closed – Wolf River Medical Arts Campus

CBRE Capital Markets | Healthcare and Life Sciences JUST CLOSED WOLF RIVER MEDICAL ARTS CAMPUS Germantown, TN Sale Date: 10/13/20 Portfolio Size: 78,690 SF Occupancy: 100% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of Wolf River Medical Arts Campus (the “Portfolio”), located in Germantown, Tennessee. Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan Lindsley, […]

News Release: Montecito Medical Acquires Virginia Beach Orthopedic Medical Office

News Release: Montecito Medical Acquires Virginia Beach Orthopedic Medical Office

Montecito Medical Real Estate FOR IMMEDIATE RELEASE October 16th, 2020 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office asset occupied by a leading orthopedic practice in Virginia Beach, VA. The building is home to the Jordan-Young Institute, the […]

News Release: Davita Kidney Care Building In Sacramento, California Acquired By Nazareth Enterprises, Inc. For $11 Million

News Release: Davita Kidney Care Building In Sacramento, California Acquired By Nazareth Enterprises, Inc. For $11 Million

FOR IMMEDIATE RELEASE Sacramento, Calif., October 15, 2020 – Nazareth Enterprises, Inc., a privately-held, diversified investment firm based in San Mateo, California and founded by President and CEO Mounir Kardosh, has completed the acquisition of the 14,820-square-foot DaVita Kidney Care facility at the College Square Shopping Center, a located at 8275 Bruceville Road, Sacramento, Calif. […]

News Release: Senior Housing Occupancy Reaches Record Low In Third Quarter

News Release: Senior Housing Occupancy Reaches Record Low In Third Quarter

Pandemic’s effects on the sector continue to be evident ANNAPOLIS, Md. (October 15, 2020)—According to new data from NIC MAP® Data Service (NIC MAP) provided by the National Investment Center for Seniors Housing & Care (NIC), senior housing occupancy fell 2.6 percentage points in the third quarter of 2020, from 84.7 percent to 82.1 percent, indicating a steady decline since the outbreak of the novel coronavirus. This is the second quarter in a row […]

News Release: Bauman & Company Acquires Medical Offices On AMITA Health Campuses In Illinois

News Release: Bauman & Company Acquires Medical Offices On AMITA Health Campuses In Illinois

Atlanta-Based Real Estate Firm Expands Portfolio with Three-Building Acquisition ATLANTA – Bauman & Company, LLC, an Atlanta-based real estate firm specializing in acquiring, leasing and managing medical office buildings, is proud to announce their expansion into Illinois with three critically located medical office buildings in Elgin and Aurora. Two of the buildings are located on […]

News Release: Ventas Life Science and Healthcare Real Estate Fund Acquires Trophy Life Science Portfolio in South San Francisco for $1.0 Billion

News Release: Ventas Life Science and Healthcare Real Estate Fund Acquires Trophy Life Science Portfolio in South San Francisco for $1.0 Billion

Ventas Sponsored Fund Grows Assets Under Management to $1.8 Billion and Nearly Two Million Square Feet October 15, 2020 07:00 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that the Ventas Life Science and Healthcare Real Estate Fund, L.P. (the “Fund”) has acquired a trophy life science portfolio […]

News Release: Just Closed - North Hills Health Center

News Release: Just Closed – North Hills Health Center

CBRE Capital Markets | Healthcare and Life Sciences JUST CLOSED NORTH HILLS HEALTH CENTER Menomonee Falls, WI Sale Date: 10/8/20 Property Size: 117,899 SF Occupancy: 100% CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of North Hills Health Center (the “Property”), located in Menomonee Falls, Wisconsin. Chris Bodnar, Lee Asher, Ryan Lindsley, Jordan Selbiger, […]

News Release: The Watermark at Brooklyn Heights, Luxury Community in New York City, Now Open

News Release: The Watermark at Brooklyn Heights, Luxury Community in New York City, Now Open

October 14, 2020 BROOKLYN, N.Y.—The Watermark at Brooklyn Heights, New York City’s first new luxury retirement community to open in 20 years and Brooklyn’s first ever, has welcomed its first independent living lifestyle members today. This extraordinary new senior community is a stunning, $330 million redevelopment and renovation of the beloved, iconic Leverich Towers Hotel […]