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News Release: IRA Capital pays $106 million for California senior housing assets

News Release: IRA Capital pays $106 million for California senior housing assets

January 26, 2022 Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two newly-constructed Assisted Living and Memory Care facilities totaling 160 units in the Northern California cities of Dublin (Alameda County) and Novato (Marin County). As one of the most active players in the medical office, life science, […]

News Release: Kaiser Permanente to Build Medical Office Building in Baxter Village Mixed-Use Project

News Release: Kaiser Permanente to Build Medical Office Building in Baxter Village Mixed-Use Project

FOR IMMEDIATE RELEASE Wildomar, Calif. – January 26, 2022 – Kaiser Permanente announced today plans to build a medical office building on approximately 7 acres within the Baxter Village Mixed-Use Project located at the Northwest Corner of Wildomar Trail and Interstate 15 in the City of Wildomar. The property is entitled for a future 84,000 […]

News Release: Ascension Seton announces new women’s health tower in Austin

News Release: Ascension Seton announces new women’s health tower in Austin

Ascension Seton is pleased to announce plans to build a new women’s tower on its Ascension Seton Medical Center Austin campus. The women’s tower will be a $320 million investment and part of a broader expansion and modernization plan for Ascension Seton Medical Center Austin. The tower will expand access to Ascension Seton’s comprehensive women’s […]

Rendering of Nexus on Grand by Flad Architects.

News Release: Gene Editing Firm, Graphite Bio, Takes +85,000 SQFT Lease at Nexus on Grand in South San Francisco

Next-generation gene editing company to occupy three full floors of ground-up, Class A life sciences development in one of the top biotech markets in the U.S. SAN FRANCISCO – (January 26, 2022) – Savills announced that it completed an 85,165-square-foot lease relocation and expansion on behalf of Graphite Bio, Inc. (NASDAQ: GRPH) at 233 East […]

News Release: Elliott Bay Acquires 4 Properties totaling 53,000 SF Across Three States

News Release: Elliott Bay Acquires 4 Properties totaling 53,000 SF Across Three States

SEATTLE and NEW YORK, January 26, 2022 — A partnership of Seattle-based Elliott Bay Capital Trust (“Elliott Bay”) and New York-based Prospect Ridge has announced the acquisition of four medical properties in three separate transactions and leased to leading healthcare providers across three states. The four newly developed and 100% occupied properties located in Chubbuck, […]

News Release: Seavest and Nuveen partner in $1 Billion medical office transaction

News Release: Seavest and Nuveen partner in $1 Billion medical office transaction

Seavest Healthcare Properties and Nuveen Real Estate concluded the transaction in December 2021, which included a recapitalization of a portion of Seavest’s medical office portfolio NEW YORK, N.Y. and WHITE PLAINS, N.Y., Jan. 26, 2022 – Seavest Healthcare Properties, LLC, the New York City and White Plains based healthcare real estate investment management firm, a division […]

Thought Leaders: Three ways the COVID-19 pandemic has impacted healthcare real estate

Thought Leaders: Three ways the COVID-19 pandemic has impacted healthcare real estate

By Chad DeRossett The COVID-19 pandemic has made an indelible mark on the real estate industry, and healthcare real estate has particularly had to pivot to cater to a landscape that in some ways, has been fundamentally altered. Three trends that have emerged from the pandemic’s effect on the industry include: 1) Behavioral health is […]

News Release: MedProperties Realty Advisors acquires three-building, 118,003 s.f. health campus in Iowa

News Release: MedProperties Realty Advisors acquires three-building, 118,003 s.f. health campus in Iowa

FOR IMMEDIATE RELEASE The strategically located Mississippi Valley Health Campus, situated on 12.54 acres in Davenport, is 92 percent leased to a diverse mix of 15 tenants with a weighted average lease term of more than 10 years DAVENPORT, Iowa, and DALLAS, Jan. 26, 2022 – MedProperties Realty Advisors LLC today announced the acquisition of […]