News Release: Realty Trust Group selected to provide property management services for West Tennessee Healthcare
KNOXVILLE, TN. — Continuing an existing relationship with West Tennessee Healthcare, Realty Trust Group (RTG) has expanded its scope of services to the not-for-profit healthcare system to include property management and property accounting for its 1.2 million-square-foot real estate portfolio of nearly 100 non-hospital facilities, including medical office buildings, clinics, and administrative buildings. “We are […]
News Release: Montecito Medical Names Brandi Meeks as Vice President of Marketing
FOR IMMEDIATE RELEASE March 25, 2021 Nashville, Tenn. — Montecito Medical Real Estate, one of the nation’s top acquirers of medical office properties, has expanded its leadership team with the appointment of Brandi Meeks as Vice President of Marketing. Meeks leads branding strategy and execution for the company, including marketing related to Montecito’s medical real […]
News Release: Prism Health North Texas Establishes Major Presence on Baylor Medical Center Campus, Continuing to Care for Community
Prism Health North Texas Establishes Major Presence on Baylor Medical Center Campus with 46,000 SF in Leases Together at Last: Prism Health North Texas Administrative Offices to Relocate to Baylor University Medical Center Campus, Near the Organization’s Research Facilities, Pharmacies, & Clinics DALLAS, March 22, 2021 – Prism Health North Texas (PHNTX) has signed a 22,623-square-foot lease […]
News Release: RWJBarnabas Health & Rendina Healthcare Real Estate Break Ground on RWJBarnabas Health Family Care & Wellness at the Monmouth Mall
NEWS PROVIDED BY Rendina Healthcare Real Estate Mar 24, 2021, 13:30 ET EATONTOWN, N.J., March 24, 2021 /PRNewswire/ — RWJBarnabas Health (RWJBH) and Rendina Healthcare Real Estate are celebrating the groundbreaking of RWJBarnabas Health Family Care & Wellness at the Monmouth Mall in Eatontown, NJ. When completed, the 82,000-square-foot building will feature healthcare services offered by […]
Thought Leaders: March Insights: Healthcare Perspective on Rising Bond Yields (Newmark)
Commentary by: Todd Perman, CCIM, Vice Chairman, Global Healthcare Services In a report published earlier this month, Newmark’s Jimmy Hinton, Head of Investor Strategies, analyzed the recent rise in bond yields, which has been steadily increasing since November 2020. With February 2021 seeing the 10-year U.S. Treasury rise faster than any 30-day period in the […]
News Release: Steward Health Care Set to Build New Hospital in St. George, Utah
Nation’s Largest Private & Physician-Led Health Care Network to Build New Facility, With Plans to Open Doors in October 2023 Hospital Will Serve Southern Utah, Offering New Care Options to One of the Fastest-Growing Patient Populations in the Southwest U.S. UTAH, March 24, 2021 – Steward Health Care, the nation’s largest private, physician-owned health care network, today […]
News Release: Mediplex Property Group Expands its Portfolio of Tenant-Partner Facilities with Delivery of Another Class-A Medical Office Building
(Horsham, PA): Mediplex Property Group (Mediplex) is pleased to announce the successful completion of the latest addition to its portfolio of healthcare-focused real estate. Mediplex Prudential Road is strategically located in Horsham, PA, home to an expanding concentration of both healthcare providers and life sciences companies. Serving Philadelphia’s northern suburbs, the property at 508 Prudential Road […]
Companies & People: Steve Leathers returns to his roots
After a successful run as a broker, he has formed a new HRE investment firm By John B. Mugford Steve Leathers has made a strong name for himself in the healthcare real estate (HRE) sector during the past 16 years or so, both on the principal and brokerage sides of the business. His name could […]
News Release: Trammell Crow Company Tops Off Fulton Labs at 400 N. Aberdeen in Chicago
Chicago | March 23, 2021 Trammell Crow Company (TCC), one of the largest commercial real estate developers in the United States, today announced it has topped out the construction on its Fulton Labs at 400 N. Aberdeen development. The facility is a 423,454 square-foot best-in-class laboratory building that the company is developing to help meet […]
News Release: Placement of Acquisition Financing – Sugar Creek Health Center
JUST FINANCED March 23, 2021 SUGAR CREEK HEALTH CENTER Placement of Acquisition Financing for Virtus Real Estate Capital CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the placement of acquisition financing for Virtus Real Estate Capital, to help facilitate the purchase of Sugar Creek Health Center. Sabrina Solomiany, Zack Holderman, and Cole […]
News Release: Montecito Medical Acquires Surgery Center Facility in Pittsburgh Area
FOR IMMEDIATE RELEASE March 23, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of The Surgery Center at Cranberry, a multi-specialty ambulatory surgery center (ASC) leased to a leading medical provider in the Pittsburgh suburb of Cranberry Township, Pennsylvania. The Surgery Center at […]
News Release: White Oak Healthcare MOB REIT Acquires 7 Medical Office Buildings in 5 States
March 23, 2021 09:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–White Oak Healthcare MOB REIT today announces the acquisition of seven medical office buildings in five states. The seven assets total 67,110 SF and are 100% leased to Fresenius and DaVita affiliates. “We are pleased to add Fresenius and DaVita, both investment grade companies on […]
News Release: Capital One Medical Office Team Sees Positive Business Momentum Through 2020
New York, NY (March 22, 2021) – Capital One announced its Medical Office team, part of the Capital One Healthcare Real Estate business, closed 43 deals totaling about $2.5 billion throughout 2020. The team funded transactions ranging from $15 million single-asset loans to $1 billion value portfolios across medical office buildings, medical properties, life science […]
News Release: CIT Serves as Sole Lead Arranger on $39 Million Financing for Philadelphia Medical Office Building
NEW YORK — March 22, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on a $39 million loan to finance the Jefferson Health medical office building adjoining the Philadelphia Navy Yard Corporate Center. The borrower, Norvin Healthcare Properties, is an experienced and successful manager […]
News Release: Anchor Health Properties Celebrates Completion of the 52,240 Square Foot UC Davis Health Roseville Outpatient Clinic Transformation Project
FOR IMMEDIATE RELEASE March 22, 2021 (Sacramento, CA) – Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, and UC Davis Health, a leading academic-based health system in the Sacramento and Northern California region, have officially celebrated the completion of a large-scale transformation project […]
