News Release: MidCap Financial Closes First Mortgage on a 141,442 Square Foot Building in Hopkinton, MA to be Repurposed for Life Sciences Use
PRESS RELEASE BETHESDA, MD, February 23, 2022 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a $40,725,000 transaction with a joint venture between Griffith Properties, LLC and a fund managed by DRA Advisors. The floating rate first mortgage loan facilitated the acquisition and repositioning of […]
News Release: Just Closed – DuPont Medical Center
Capital Markets | Healthcare & Life Sciences Just Closed Health System Anchored Medical Office Building with Ambulatory Surgery Center in Louisville, KY CBRE Transaction Highlights Date Closed 02/17/2022 Size 47,924 SF Occupancy 100% DUPONT MEDICAL CENTER | LOUISVILLE, KENTUCKY CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of DuPont Medical Center (the […]
News Release: Kraus-Anderson to begin new Gundersen Tri-County Hospital and Clinic in Whitehall, Wis.
New hospital is an investment in rural healthcare WHITEHALL, Wis. (February 2022) – Kraus-Anderson (KA) is about to begin construction on Gundersen Tri-County Hospital, a new hospital and renovated clinic for Gundersen Health System in Whitehall, Wis. The new facility, which will replace the current 60-year-old hospital, serves Whitehall, Blair, Independence and surrounding communities. Construction […]
News Release: HEARN Unveils Plans for Medical Office at 875 North Michigan Avenue
“Building Within a Building” will Deliver Unparalleled Patient Experience; HEARN Selects Cushman & Wakefield to Market Mag Mile Medical Pavilion to Healthcare Tenants CHICAGO, February 23, 2022 – The Hearn Company will convert four office floors at 875 North Michigan Avenue to accommodate clinical and surgical uses creating the Mag Mile Medical Pavilion, a Class […]
News Releases: Recent MOB Closing | CREG U.S. Healthcare Investment Sales (Riverpark ASC and Merit Imaging Center, Vidalia, La.)
Capital Real Estate Group’s – U.S. Healthcare Investment Sales practice is pleased to announce the sale of a 44,500 SF, multi-tenant medical office building located in Vidalia, LA for approximately $13,325,000. CREG acted as the Seller’s exclusive advisor in the sale of the building. The 100% leased building is anchored by the Riverpark Ambulatory Surgery […]
News Releases: CIT Provides More Than $44 Million for Medical Office Building Properties
NEW YORK — Feb. 23, 2022 — CIT, a division of First Citizens Bank, today announced that its Healthcare Finance division provided more than $44 million toward the financing of medical office buildings and facilities in Florida, Washington, and Arizona. The loans supported a joint venture managed by Montecito Medical Real Estate in acquiring medical […]
News Release: Physicians Realty Trust Announces New Board Member, Ava E. Lias-Booker
February 23, 2022 07:55 AM Eastern Standard Time MILWAUKEE–(BUSINESS WIRE)–On February 22, 2022, Ava E. Lias-Booker accepted the invitation of the Board of Trustees (the “Board”) of Physicians Realty Trust (NYSE:DOC) (the “Company”) to join the Company’s Board, effective as of March 1, 2022. In connection with Ms. Lias-Booker’s appointment, the Board increased its size […]
News Release: Physicians Realty Trust Reports Fourth Quarter 2021 Financial Results
Company Release – 2/23/2022 Announces $0.12 Net Income per Share and $0.26 Normalized FFO per Share for the Fourth Quarter of 2021 Announces $1.03 Billion of 2021 Acquisitions and Investment Commitments Fourth Quarter Highlights: Reported fourth quarter 2021 total revenue of $116.1 million, an increase of 4.2% over the prior year period. Generated fourth quarter net […]
News Release: Ivanhoé Cambridge Partners with Lendlease to Invest in Life Science Developments
February 22, 2022 Partnership will source new development and redevelopment opportunities in established and emerging life science clusters across the U.S. Montréal and New York, February 22, 2022 – Ivanhoé Cambridge, a global real estate investor, and Lendlease (ASX: LLC), a leading global real estate and investment group, announced today they joined forces to launch […]
News Release: Mayo Clinic invests in facilities at Mayo Clinic Health System locations and in Florida to expand and enhance patient care
February 22, 2022 ROCHESTER, Minn. — In support of its “Bold. Forward.” strategic plan to transform health care over the next decade, Mayo Clinic announces major campus enhancement projects at Mayo Clinic Health System locations in La Crosse, Wisconsin, and Mankato, Minnesota, and Mayo Clinic in Jacksonville, Florida. “The COVID-19 pandemic has challenged and impacted […]
News Release: SRS Completes Portfolio Sale of Fresenius Medical Occupied Portfolio
SRS’ National Net Lease Group Completes Portfolio Sale of 8 Single-Tenant Fresenius Medical Care-Occupied Properties Totaling $56.54 Million Newport Beach, CA (February 22, 2022) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the portfolio sale of eight single-tenant properties occupied by Fresenius Medical Care, valued at approximately $56.54 […]
News Release: Meridian Sells Renovated 26,000 SF Medical Office Building in Torrance, Calif. for $14.2 Million
FOR IMMEDIATE RELEASE: Meridian Sells Renovated 26,000 SF Medical Office Building in Torrance, Calif. for $14.2 Million NEWPORT BEACH, Calif. – Meridian, a full-service owner, operator, and investor of healthcare real estate, is pleased to announce that the company has sold its renovated 26,000-square-foot medical office building in Torrance, California, to a private investor. The […]
News Release: Alexandria Real Estate Equities, Inc. Announces Long-Term 334,000 RSF, Full-Building Lease for the New Lilly Institute for Genetic Medicine at 15 Necco Street in the Seaport Innovation District in Greater Boston
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Feb 22, 2022, 08:30 ET PASADENA, Calif., Feb. 22, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT and the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, agtech and technology campuses in AAA innovation cluster […]
News Release: Healthcare Realty Trust Reports Results for the Fourth Quarter (2021)
February 22, 2022 06:50 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., Feb. 22, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the fourth quarter ended December 31, 2021. The Company reported net income of $21.6 million, or $0.14 per diluted common share, for the quarter ended December 31, 2021. Normalized FFO for […]
News Release: SOLD – On-Campus Medical Office Building | Sarasota, Florida
SOLD HREA SARASOTA FLORIDA ON-CAMPUS MEDICAL OFFICE BUILDING Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of an on-campus medical office building located in Sarasota, FL. Constructed in 2003, the Silverstein Institute medical office building is 93% leased and anchored by First Physicians Group ENT (FPG), a […]