News Release: Carle breaks ground on Carle at the Riverfront in Danville (Ill.)
06/17/2021 Carle celebrated the start of construction on its new medical campus today with a groundbreaking ceremony held at the site in Danville, Ill. The new facility, Carle at The Riverfront, will consolidate services currently at Carle Danville on Fairchild and Carle Danville on Vermilion and host more than 250 team members from these locations. […]
News Release: Just Closed – Fertility Centers of Illinois
JLL Investment Sale Advisory Healthcare Capital Markets Just Closed Fertility Centers of Illinois Glenview, Illinois The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Fertility Centers of Illinois building in Glenview, Illinois. The 30,264 square foot property was built in 2018 subject to a long-term lease and serves as the […]
News Release: Montecito Medical Acquires Two Orthopedic Properties in Connecticut
FOR IMMEDIATE RELEASE June 17, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two medical office buildings in Fairfield County, Connecticut, tenanted by Orthopaedic Specialty Group. The two properties — in Fairfield and Shelton respectively — offer a combined total of 113,000 […]
News Release: Steward Health Care to Acquire Five Hospitals in the Miami-Dade/Southern Broward Area From Tenet Healthcare
Acquisition of Tenet hospitals and hospital-affiliated operations will bring greater access to high-quality care in South Florida June 16, 2021 05:20 PM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–Today, Steward Health Care System, LLC (Steward) and Tenet Healthcare Corporation (NYSE: THC) announced that they have signed a definitive agreement regarding the acquisition by Steward of Tenet’s five […]
News Release: Done Deal – Brooklyn’s finest
Medical Office Blueprint’s MOB team announces first closing with sale of 72,000-square-foot trophy medical office building in Brooklyn, New York In late 2020, Blueprint brought on medical office veterans Eric Lee and Chris Lashmet to expand its platform into medical office and provide comprehensive advisory to the healthcare sector while best serving its senior living […]
News Release: CD Health Infrastructure Launches with First Acquisition, Targets National Roll-Up of Outpatient Medical Assets
Strategy focuses on low-cost infrastructure that facilitates consumer-centric healthcare delivery NEWS PROVIDED BY CD Healthcare Infrastructure Partners LLC Jun 16, 2021, 13:28 ET NEW YORK, June 16, 2021 /PRNewswire/ — CD Healthcare Infrastructure Partners, LLC (CDHIP), a real estate infrastructure fund dedicated to facilitating consumer-centric healthcare delivery, has acquired a medical property in Phoenix, Arizona. The […]
News Release: Just Closed – Refinance – Rehab Hospital (Mishawaka, Ind.)
CLOSED Cadence Capital Partners Secures $21,000,000 Refinancing Cadence Capital Partners is pleased to announce the closing of a $21,000,000 cash-out refinancing for the Rehabilitation Hospital of Northern Indiana, a recently delivered, 50,000 SF, 3-story, 40 bed rehab facility located in Mishawaka, IN. Cadence led financing efforts on behalf of the borrower, a South Bend-based real estate private equity firm, Great […]
News Release: Stage Equity Partners expands with two new hires to lead new real estate development business and manage portfolio
FOR IMMEDIATE RELEASE The Chicago-based private healthcare real estate investment firm adds Alex Katz as Managing Director of Development and Justin Kleifield as Senior Associate – Acquisitions & Asset Management Stage Equity Partners’ new employees are Alex Katz (top) and Justin Kleifield (bottom). CHICAGO, June 9, 2021 – Stage Equity Partners, LLC, a Chicago-based private […]
News Release: NexCore Names Jason Beck Senior Vice President of Real Estate Development – Life Sciences
Mr. Beck brings extensive life science, property management, construction and operations expertise to the role DENVER, June 16, 2021 – National healthcare real estate developer NexCore Group announced today that life science real estate veteran Jason M. Beck has joined its firm as senior vice president real estate development – life sciences. Mr. Beck’s role […]
News Release: Just Closed: Cornwall Medical Pavilion (Leesburg, Va.)
JLL Investment Sale Advisory Healthcare Capital Markets Just Closed Cornwall Medical Pavilion Leesburg, Virginia The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Cornwall Medical Pavilion, a Class A, 80% occupied, 95,243 square-foot medical office building conveniently located on the Inova Loudon Hospital – Cornwall Campus in Leesburg, Virginia. The four-story […]
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. […]
News Release: OrbVest Closes Acquisition of Fleming Island Medical Office Building in Jacksonville, Florida
OrbVest, a global real estate company investing in income-producing medical commercial real estate in the United States recently closed its purchase of Fleming Island, a 76,771-square-foot office property located in Jacksonville, Florida for $14,450,000. NEW YORK (PRWEB) JUNE 14, 2021 OrbVest, a global real estate company investing in income-producing medical commercial real estate in the […]
News Release: Cushman & Wakefield Arranges $6M Sale of Behalf of Maluco LLC
For Immediate Release Rare Value-Add On-Campus Medical Office Building Offers Below-Market Rents, Occupancy BOYNTON BEACH, Florida, June 14, 2021 – Cushman & Wakefield announced today that the commercial real estate services firm has arranged the sale of Bethesda Professional Plaza, a 54,188-square-foot medical office building located in Boynton Beach, Florida. The final sale price was […]
