Feature Story: Where is HRE development heading?
Developers discuss rising prices, dwindling yields and the ‘light at the end of the tunnel’ By John B. Mugford Although medical office building (MOB) development opportunities seem to be strong as health systems nationwide are looking to expand their networks to off-campus locations, there are complications – both pandemic-related and non-pandemic-related — making the business […]
News Release: Medical Properties Trust to Invest $950 Million in Behavioral Health Platform
Includes Purchase and Leaseback of 18 Inpatient Behavioral Hospital Facilities Valued at $760 Million and Acquisition of Interests in $190 Million Operating Company Year-to-Date Investment Total Exceeds $2.5 Billion June 15, 2021 09:15 AM Eastern Daylight Time BIRMINGHAM, Al.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has entered […]
News Release: CIT Serves as Sole Lead Arranger on $33.2 Million Financing for Brooklyn Medical Office Building
NEW YORK — June 15, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on a $33.2 million loan to finance the acquisition of a medical office building in Brooklyn, New York. The class A medical office building is located at 902 Quentin Road, Brooklyn. […]
