News Release: U.S. Senior Housing Occupancy Reaches New Low
4:30 p.m. EDT Thurs., April 8 Senior housing occupancy in the United States reached a record low of 78.8 percent in the first quarter of 2021, falling 1.8 percentage points from the last quarter of 2020 and 8.7 percentage points from a year ago, according to new NIC MAP® data, powered by NIC MAP Vision. […]
News Releases: Meridian Sells 57,000 SF Medical Office Building in Orange County, California
Meridian Sells 57,000 SF Medical Office Building in Orange County, California NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical office real estate, announced that it has completed the sale of The Laguna, a 57,573-square-foot medical office building located at 24022 Calle de la Plata, on the Memorial Care Saddleback […]
News Release: Avison Young Dallas awarded 167,000 SF four-building medical office property portfolio in Carrollton, TX
Avison Young’s Dallas Property Management Division awarded four-building medical office property portfolio in Carrollton, TX 167,397-sf assignment brings property management portfolio to more than 685,000-sf over the past 12 months Dallas, TX – Avison Young’s Property Management Division within the Dallas office has been awarded a four-building, medical office portfolio totaling 167,397 square feet (sf) […]
News Release: Transwestern grows Healthcare Advisory Team in Dallas with three experts
New Hires Solidify Healthcare Advisory Services Team As Country’s Largest (APRIL 8, 2021 – DALLAS) – Transwestern Real Estate Services (TRS) announces the expansion of its Healthcare Advisory team in Dallas with three new additions to the firm: Vice President Laura Lea, Vice President Evan Saks, and Associate Bob Krass. As part of the team’s […]
News Release: Kerry Swanson Joins ERDMAN’s Advisory Services Group as Managing Director
FOR IMMEDIATE RELEASE April 7, 2021 Madison, Wis. – Kerry Swanson is ERDMAN’s new managing director for our Advisory Services group. Kerry most recently served ERDMAN as an executive advisor. In her new role, Kerry will leverage her unique background in clinical operations, program development, and healthcare construction to create and implement effective systems of […]
News Release: The Neenan Company breaks ground on new community health center in El Dorado County (Placerville, Calif.)
FOR IMMEDIATE RELEASE April 07, 2021 El Dorado Community Health Centers to centralize and expand services in greater Placerville FORT COLLINS, Colo. — The Neenan Company announced a new project in Placerville, Calif. to design and construct El Dorado Community Health Centers’ (EDCHC) new medical clinic, which will serve residents throughout El Dorado County. Neenan […]
News Release: BGL Announces the Sale of the Real Estate Portfolio of Precision Spine Care
Brown Gibbons Lang & Company Deal Announcement Precision Spine Care 39,814 RSF MOB & ASC Acquired by Montecito Medical Real Estate Chicago, IL – April 6, 2021 – Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of the real estate portfolio of Precision Spine Care, totaling approximately 39,814 rentable square feet across two […]
News Release: CIT Serves as Sole Lead Arranger on $18.5 Million Financing for Alabama Cancer Center
NEW YORK — April 6, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on an $18.5 million loan to finance the acquisition of the Singing River Cancer Center in Florence, Alabama. The borrower, Cypress West Partners is an experienced and successful owner and manager […]
Transactions: ‘Trophy’ Boston MOB sells for $916 PSF
German investor acquires 147 Milk Street for $47.95 million in an ‘ultra-core’ deal By John B. Mugford For the third time in as many weeks, HREI™ is reporting a significant, single-asset sale in the medical office building (MOB) market, as a 52,337 square foot property in Boston traded for $47.95 million, or $916 per square […]
News Release: Welltower Issues Business Update in Conjunction with its Participation in the 2nd Annual Mizuho Healthcare REIT Conference
4/6/2021 7:00:00 AM EDT TOLEDO, Ohio, April 6, 2021 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) announced today that it will participate in the second annual Mizuho Healthcare REIT Conference on April 6, 2021. In conjunction with the conference, Welltower has issued the following business update which can be found at: https://welltower.com/mizuho-2021-healthcare-reit-conference-presentation About Welltower Welltower Inc. […]
News Release: Just Closed – 14,065 SF Owner-User Medical Office (Las Vegas)
JUST CLOSED BY INVESTMENT SERVICES GROUP Purchased by Owner-User High Visibility Location ISG’s Sixth Closing in March Seller Represented By: Cathy Jones, CPA, SIOR, CCIM CEO 702-968-7320 CathyJ@suncommercialre.com NV Lic # B.0056010.CORP Paul Miachika Executive Vice President 602-814-0661 PaulM@suncommercialre.com NV Lic # S.0184612 Alexandria Malone Associate 702-968-7317 AlexM@suncommercialre.com NV Lic # S.0190399 Karim Chatoor Associate […]
News Release: Just Sold – Arapahoe Medical Center
APRIL 2, 2021 CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS JUST SOLD ARAPAHOE MEDICAL CENTER Centennial, Colorado TRANSACTION HIGHLIGHTS DATE SOLD: 03/30/2021 SIZE: ±59,359 SF OCCUPANCY: 91% Arapahoe Medical Center CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the Arapahoe Medical Center (the “Property”). Chris Bodnar, Lee Asher, Ryan […]
News Release: Montecito Medical Appoints Mike Freiburg as Director of Capital Markets
FOR IMMEDIATE RELEASE April 2, 2021 Nashville, Tenn. — Montecito Medical Real Estate, one of the nation’s top acquirers of medical office properties, continues to expand its growing team with the addition of Mike Freiburg as Director of Capital Markets. Freiburg leads the company’s investor relations efforts, working with the hundreds of individuals and institutional […]
News Release: Atkins Companies Inks Five Leases at West Orange (N.J.) Medical Office Building
For Immediate Release West Orange, N.J. (April 27, 2021) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, announces a new lease and four lease renewals at Atkins-Kent 101 located at 101 Short Hills Road in West Orange, N.J. The deals include a 3,300-square-foot renewal with a pediatric practice, […]
News Release: Newmark Completes Sale of 147 Milk Street in Downtown Boston, Massachusetts
FOR IMMEDIATE RELEASE Boston, MA (Apr. 1, 2021) — Newmark announces the sale of 147 Milk Street, a trophy urban medical office building located in downtown Boston, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert Griffin, Executive Managing Director Frank Nelson and Senior Managing Director Michael Greeley of the firm’s Boston Capital Markets Group represented […]
