News Release: Northmarq to Acquire National Investment Sales Firm
MINNEAPOLIS, Aug. 31, 2022–(BUSINESS WIRE)–Northmarq, a leading commercial real estate capital markets platform, announced today it has entered into a definitive agreement to purchase Stan Johnson Company, a real estate brokerage and advisory firm that focuses on investment sales across multiple asset classes. The acquisition will also include affiliate debt services company, Four Pillars Capital […]
News Release: News Release: RWJBarnabas Health names Stephen K. Barry Executive Vice President, Facilities Management and Real Estate Development
New Role Reflects Health System’s Focus on Expanding Ambulatory Footprint and Increasing Health Care Access West Orange, NJ, August 31, 2022 — RWJBarnabas Health, the largest, most comprehensive academic health care system in New Jersey, has appointed Stephen K. Barry as Executive Vice President of Facilities Management and Real Estate Development. In this new role, […]
News Release: Catalyst and PAM Health Expand Services in Florida
PENSACOLA, Fla., Aug. 31, 2022– Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, and National Real Estate Advisors, LLC (National), an investment manager developing and managing large-scale real estate projects on behalf of its clients, begin construction on a 51,500 square-foot inpatient rehabilitation hospital (IRH) in Orange City, Fla. “It is […]
News Release: Mercy Health Celebrates Kings Mill Hospital Topping Out Ceremony
Mercy Health and the construction crew for Kings Mills Hospital celebrated a significant milestone in the hospital’s construction. They gathered for a topping out ceremony, lifting the final steel beam, signed by doctors, nurses, staff, employees and community members, into place to complete the skeleton of the hospital. Brief remarks from Mercy Health leaders and […]
News Release: Recent Sale Swettenham Ortiz Healthcare Team
87 Scripps Drive, Sacramento, CA SACRAMENTO, Aug. 31, 2022 — Colliers is pleased to announce the closing of 87 Scripps Drive, a 30,998 SF Medical Office Building located in Sacramento, California. The property is located in the prominent Scripps Drive medical hub in Sacramento, CA. Congratulations to both Buyer and Seller in this transaction. Swettenham […]
News Release: PMB and Montgomery Street Partners announce approval on the first speculative purpose-built life sciences project in Boulder County, CO
FOR IMMEDIATE RELEASE This new 365,000 sq. ft. facility in Boulder County will break ground in Q2 of 2023 and complete in Q3 of 2024 SUPERIOR, CO, Aug 31, 2022 – PMB, a leading healthcare real estate developer, in partnership with Montgomery Street Partners, received Superior Town Board approval on its final development plan for […]
News Release: NexCore Names Eric Roark Executive Vice President of Design & Construction
Mr. Roark will oversee the growing healthcare real estate developer’s in-house team of Design & Construction professionals as the firm continues to meet robust growth targets DENVER (PRWEB) AUGUST 31, 2022 — Denver-based NexCore Group, a national healthcare real estate (HRE) developer, announced today that Eric Roark has joined its firm as Executive Vice President, Design […]
News Release: Fairfield Advisors announces sale of Tucson Orthopedic Medical Building in Tucson, AZ.
– $5,500,000 Transaction – DENVER, Aug.30, 2022 – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Tucson Orthopedic Institute’s Medical Building located at 12315 North Vistoso Park Drive in Oro Valley, Arizona. The Medical Office Building is 10,500 square feet and was built in 2017. […]
News Release: Owner of surgery center building in Hendersonville, TN, chooses Montecito Medical
HENDERSONVILLE, Tenn., Aug. 29, 2022 — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a surgery center building in the Nashville suburb of Hendersonville, Tennessee. The Indian Lake Surgery Center property, which offers approximately 7,300 square feet of space, is 100% leased. “We are excited to […]
News Release: Cushman & Wakefield Arranges Sale of 187-Unit Class A Senior Housing Asset in Walnut Creek, California
Walnut Creek, CA – August 29, 2022 – Cushman & Wakefield, as exclusive advisor to a joint venture between Kisco Senior Living and an institutional investor, has arranged the recapitalization of Byron Park, a well-established and upscale senior housing asset located in the Bay Area submarket of Walnut Creek, California. The community was recapitalized by […]
News Release: Medical Properties Trust Announces Agreement for LifePoint Health to Acquire Majority Interest in Springstone
BIRMINGHAM, Ala., Aug. 29, 2022, (BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that a subsidiary of LifePoint Health, Inc. (“LifePoint”) has agreed to acquire a majority interest in Springstone Health Opco, LLC (“Springstone”) from the current management group based on an enterprise value of $250 million. In October 2021, […]
News Release: Inspirit Senior Living and Venue Capital Continue Expansion in Tennesse With Knoxville Acquisition
MCLEAN, Va., August 29, 2022 (Newswire.com) – Inspirit Senior Living (“Inspirit”) and Venue Capital (“Vencap”) continue to expand in Tennessee, with their third property acquisition in the Knoxville MSA in the past three months. Formerly operated by a local single property owner and operator, this new Inspirit Senior Living community is now recognized as Windsor […]
News Release: Senior housing community near Orlando secures $37.75M financing
JLL Capital Markets arranged financing for The Glades at ChampionsGates on behalf of Fortress Investment Group ORLANDO – August 29, 2022 – JLL Capital Markets announced today that it has arranged $37.75 million in financing for The Glades at ChampionsGates, a luxury 223-unit senior living community in the Orlando suburb of ChampionsGate, Florida. JLL worked […]
Life Sciences: Topping Off Held For Watertown Life Science Campus
August 26th, 2022 | by High-Profile Watertown, MA – The Davis Companies and Boston Development Group (BDG) recently celebrated the ceremonial topping-off of Phase One of 66 Galen Street in Watertown, a 224,000rsf, purpose-built, Class A life science building designed by Elkus Manfredi Architects. This milestone marks the completion of the structural phase of construction […]
News Release: Memorial Health Announces New Memorial Jerome Medical Center (Ohio)
Facility to Meet Patient Needs of Developing Jerome Area MARYSVILLE, Ohio, Aug. 26, 2022 — At its May monthly meeting, the Board of Trustees of Memorial Health approved the purchase of six acres of land near the intersection of Routes 42 and 33, with frontage along the busy highway that runs from Dublin to Marysville […]