News Release: Effects Of Pandemic Continue To Impact U.S. Senior Housing Occupancy
Occupancy Unchanged as Inventory Increased in Second Quarter Senior housing occupancy remained flat in the second quarter of 2021, holding at 78.7 percent, according to new NIC MAP® data, powered by NIC MAP Vision. Though COVID-19 cases in senior living properties dropped significantly in the last quarter, occupancy has not turned the corner, largely due to new inventory coming online. Despite unchanged occupancy, demand for senior […]
News Release: Oman-Gibson Associates Expands In Texas, Announces Development of Corpus Christi Ambulatory Surgery Center
New center will offer services to patients suffering from kidney and vascular diseases NEWS PROVIDED BY Oman-Gibson Associates Jul 08, 2021, 17:19 ET CORPUS CHRISTI, Texas, July 8, 2021 /PRNewswire/ — Oman-Gibson Associates (OGA), a full-service healthcare real estate firm based in Nashville, announces it will develop a 12,000-square-foot, freestanding ambulatory surgery center in Corpus Christi […]
News Release: Echo Development Acquires On-Campus Medical Office Building in Haverhill, MA
Chicago, IL (June 2019) – Echo Development Group, Inc., in association with Annapolis, MD based Thomas Park Investments, announces it has acquired the Merrimack Medical Center, an on-campus medical office building adjacent to the 122-bed Holy Family Hospital, a member of the Steward Health Care Network. The property is 55,000 square feet and is located at 62 Brown Street in Haverhill, Massachusetts, a suburb of Boston roughly 35 miles north of downtown. The building was 70% occupied at the time of sale by an impressive list […]
News Release: Thomas Park Investments Enters Boston Market with Haverhill Acquisition
Maryland-based healthcare real estate firm purchases Merrimack Medical Center July 08, 2021 02:30 PM Eastern Daylight Time ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park Investments (TPI) acquired its first greater Boston-area medical office building with the purchase of Merrimack Medical Center at 62 Brown Street in Haverhill, Massachusetts. The 55,000-square-foot property is located on the campus of Holy […]
News Release: Northwestern Medicine Opens First New Medical Office Building in Southwest Suburbs
JULY 08, 2021 Northwestern Medicine is continuing its expansion into the south suburbs with a new medical office building in Mokena. The three-story, 48,000-square-foot facility at the corner of Route 30 and South Owens Road features primary and specialty care services, as well as an Immediate Care Center. Physicians began seeing patients in the new […]
News Release: White Oak Healthcare Finance Provides $75MM Credit Facility to Advanced Recovery Systems
July 08, 2021 08:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–White Oak Healthcare Finance, LLC (“White Oak”) announced today that it acted as sole lender and administrative agent of a senior credit facility to support Advanced Recovery Systems, LLC (“ARS” or the “Company”), a Goldman Sachs Asset Management portfolio company. ARS provides inpatient and outpatient […]