News Release: Construction To Begin Soon On New Baptist Health Hardin Outpatient Medical Pavilion
The $225.6 million facility is scheduled to open in 2024. Elizabethtown, KY (Nov. 19, 2021) – Ground preparation is underway to begin construction on Baptist Health Hardin’s new Outpatient Medical Pavilion. The $225.6 million facility is scheduled to open in 2024. The expansion marks the largest in the hospital’s nearly 70-year history. The investment far […]
News Release: Blaine Clinic Announces Expansion in New Location
NEWS RELEASE FOR IMMEDIATE RELEASE MINNEAPOLIS (Thursday, November 18th, 2021) – With medical construction picking back up in the Twin Cities, North Memorial Health recently broke ground on an undeveloped lot located on the southwest corner lot of Lexington Ave and 109th Street in Blaine. The new building will include North Memorial Health primary care […]
News Release: Montecito Medical Acquires Medical Building in Western Massachusetts
FOR IMMEDIATE RELEASE November 19, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical building in West Springfield, Massachusetts, that includes an ophthalmic surgery center. The property, which offers 22,158 square feet of space, is leased to Eye and LASIK Center, […]
News Release: New Carbon Campus Opens (Lehighton, PA)
November 18, 2021 The new St. Luke’s Carbon Campus hospital will open 7 a.m., Saturday morning, Nov. 20. The Lehighton Campus Emergency Room will close simultaneously; however, other Lehighton Campus services such as The Summit Nursing and Rehabilitation Center, the Acute Rehab Center and Behavioral Health services will be unaffected and maintain normal operations. The first […]
News Release: Jim Pisula of Pisula Development leads design discussion at 2021 BOMA conference
The firm’s Chief Investment Officer shared his expertise on best practices and strategies on a panel about how healthcare design has changed post-COVID-19 THE WOODLANDS, Texas, Nov. 18, 2021 – Jim Pisula, Chief Investment Officer of The Woodlands -based Pisula Development Company moderated an educational panel at the 2021 BOMA International’s Medical Office Buildings + […]
News Release: Easterly Government Properties Completes Acquisition of VA – Chattanooga, the Third of 10 Properties in the VA Portfolio
November 18, 2021 09:00 AM Eastern Standard Time WASHINGTON–(BUSINESS WIRE)– Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has, through its joint venture (“JV”), completed the acquisition of […]
News Release: Medical West Hospital breaks ground on new facility
November 17, 2021 Medical West Hospital Authority, an affiliate of UAB Health System, broke ground on its replacement facility on Wednesday, November 17. The new building, located at 4501 Bell Hill Road, is scheduled to open in 2024 and will include a 412,000 square foot, 9-story hospital with 200 beds and a 127,000 square foot, […]
News Release: Cushman & Wakefield Advises Sale of 204,123 SF Class A Office Building in Las Vegas for $67 Million
For Immediate Release Marc Barmazel-led firm acquires asset fully leased to a national healthcare company LAS VEGAS, Nev., November 17, 2021 – Cushman & Wakefield announced the firm has advised Virtua Partners in the disposition sale of a freestanding 204,123-square-foot Class A Office Building in Las Vegas, Nevada. The six-story building located at 2716 North […]
News Release: Beacon Capital Partners and Eden Health Partner to Offer Virtual Collaborative Care to Tenants Across the Nation
Renowned Real Estate Investor and Manager Leading the Way to Offer Tenants Virtual Health Amenities in Seven Beacon Properties in Five U.S. Regions NEW YORK, November 17, 2021 — Beacon Capital and Eden Health announced today a partnership to offer premium virtual healthcare amenities to tenants in seven Beacon office properties located in Boulder, Chicago, […]
Feature Story: Investors are flocking to the MOB/HRE space
BOMA panel takes a closer look at growing investor demand, rising prices for the asset type By John B. Mugford Currently in the growing and highly visible medical office building (MOB) space, a couple of questions seem to be garnering most of the attention. One of those is: Will the influx of new capital, including […]
Thought Leaders: Q3 2021 Net Lease Medical Report Released
The Net Lease Medical Report Q3 2021 Net Lease Medical Report Released The Boulder Group releases its 3rd Quarter 2021 Net Lease Medical Report. The report provides comprehensive numbers and analysis of the net lease medical property market. HIGHLIGHTS OF THE REPORT INCLUDE: Overall cap rate for net lease medical properties decreased by 55 basis points from the third quarter of […]
News Release: Cushman & Wakefield Grows Healthcare Team in Southern California with Unique Industry Talent, Nehal Wadhwa
For Immediate Release Based in San Diego, Wadhwa brings experienced background as a medical/healthcare professional, operator and advisor SAN DIEGO, Calif., November 16, 2021 – Cushman & Wakefield has strengthened its healthcare brokerage services team in Southern California with the addition of Nehal Wadhwa as a Senior Associate in the firm’s San Diego offices. As […]
News Release: Kayne Anderson Real Estate Raises $2.75 Billion for Opportunistic Equity, Firm’s Largest Ever Closed End Fund
Leading Investor and Operator of Medical Office, Seniors Housing and Student Housing Assets Significantly Oversubscribed for Sixth Opportunistic Equity Fund NEWS PROVIDED BY Kayne Anderson Real Estate Nov 16, 2021, 08:30 ET BOCA RATON, Fla., Nov. 16, 2021 /PRNewswire/ — Kayne Anderson Real Estate (“KA Real Estate”), the real estate private equity arm of Kayne […]
News Release: Montecito Medical Acquires Surgery Center Building in North Texas
FOR IMMEDIATE RELEASE November 16, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in Denton, Texas, that is home to the Texas Health Surgery Center. The multispecialty ambulatory surgery center (ASC) property, which offers approximately 19,000 square feet […]
News Release: Kaufman Hall Acquires HRE Capital
FOR IMMEDIATE RELEASE: Monday, Nov. 15, 2021 Kaufman, Hall & Associates, LLC (“Kaufman Hall”), a leading healthcare and higher education management consulting and advisory services firm, has acquired Healthcare Real Estate Capital, LLC (“HRE Capital”), a national advisory firm solely focused on the healthcare and higher education real estate capital markets sectors. Kaufman Hall is […]