Thought Leaders: Medical office tenancy provides a defensive strategy in uncertain times
JLL Healthcare Capital Markets Healthcare Perspectives October 2022 The healthcare sector tenant base is amongst the most creditworthy of any sector Note: Among constituent bonds of the Bloomberg U.S. Corporate Aggregate and High Yields Indices Source: JLL Research, JLL Research, Bloomberg Finance L.P. Key points: • The healthcare sector offers one of the highest credit qualities […]
News Release: Monument Healthcare Development to develop University Hospitals health campus in Ohio
PRESS RELEASE For immediate release Oct. 31, 2022 University Hospitals campus in Cleveland area to include state-of-the-art ASC Amherst, Ohio — Kansas City-based healthcare real estate group Monument Healthcare Development (formerly Astoria Healthcare Properties), in partnership with University Hospitals (UH), has announced the development of a health campus in Amherst, Ohio. This is the first […]
News Release: CBRE Announces William Hartman Has Joined the Firm as a Vice Chair
New York, NY October 31, 2022 CBRE today announced that William Hartman has joined the firm’s Advisory & Transaction team in New York City as a Vice Chair. Mr. Hartman specializes in life science landlord and tenant representation. “Bill’s addition to our life science team further enhances our ability to deliver superior outcomes to our […]
News Release: Anchor Health Properties Creates Immediate Scale with Off Market Transaction of Adjacent 9,500 Square Foot MOB in San Diego MSA
FOR IMMEDIATE RELEASE October 31, 2022 (San Diego, CA) As the company continues to expand its multi asset, 1.5 million square foot owned and managed portfolio across California, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently closed on a 9,500 square […]
News Release: Catalyst and National Expand their Geographic Footprint Into South Dakota
October 31, 2022 PENSACOLA, FL – 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, are excited to announce the acquisition of Tower Medical Plaza, a 29,000 square foot medical […]
News Release: Harbor Group International Provides Senior Mezzanine Loan for Manhattan Medical Office Development
NEWS PROVIDED BY Harbor Group International, LLC Oct 28, 2022, 15:05 ET NEW YORK, Oct. 28, 2022 /PRNewswire/ — Harbor Group International, LLC (“HGI”), a privately-owned international real estate investment and management firm, today announced it has provided a $90 million senior mezzanine loan to Extell Development Company (“Extell”) to finance the construction of 1520 First […]
News Release: Stockdale Capital Partners Wins City Of Los Angeles’ Approval For 12-Story, Class-A Medical Building On Los Angeles’ Westside
FOR IMMEDIATE RELEASE 656 S. San Vicente Blvd. will be first new medical office building in area in twenty years LOS ANGELES – October 28, 2022 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, won approval from the Los Angeles City Council for its 145,000 square-foot, Class-A medical building on […]
News Release: Massachusetts General Hospital Breaks Ground on State-of-the-Art Clinical Care Building
BOSTON, Oct. 28, 2022 – Massachusetts General Hospital (MGH), a founding member of Mass General Brigham, on Thursday, October 27, broke ground on a multi-year construction project for a new, state-of-the-art clinical care facility along Cambridge Street, enabling MGH to address ongoing growth of services and the need for increased capacity. The facility will be […]
News Release: Legal & General Capital secures first US science and technology real estate projects
Press release The sites in Atlanta, Georgia and Providence, Rhode Island will deliver over 300,000 sq. ft. of lab, science and technology space, acting as a major catalyst for innovation growth. 27 Oct 2022 As part of its business plan to internationalise, Legal & General Capital (LGC) has secured its first US science and technology […]
News Release: Rendina & Artemis Acquire Medical Office Building in Clifton, NJ
NEWS PROVIDED BY Rendina Healthcare Real Estate Oct 27, 2022, 15:00 ET JUPITER, Fla., Oct. 27, 2022 /PRNewswire/ — Rendina Healthcare Real Estate (“Rendina”) is pleased to announce that they have closed on the acquisition of a 62,535-square-foot medical office building located at 1135 Broad Street in Clifton, NJ. Rendina partnered with Artemis Real Estate Partners […]
News Release: BioMed Realty Celebrates Groundbreaking of 585 Kendall with Takeda and Global Arts Live
PRESS RELEASE The 600,000-square-foot development will provide best-in-class, sustainable lab and office space, along with a new performing arts center and community gathering spaces. Cambridge, MA (October 27, 2022) – BioMed Realty, a Blackstone portfolio company and leading provider of real estate solutions to the life science and technology industries, alongside Takeda and Global Arts […]
News Release: SRS’ National Net Lease Group Announces $15.9 Million Sale of a 51,357-SF Medical Property Fully Occupied by Rochester Regional Health in Geneseo, NY
New York, NY (October 27, 2022) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $15.9 million sale of a 51,357-square-foot (sf) medical property fully occupied by Rochester Regional Health – Geneseo Medical Campus. Built in 2021 and situated on 6.24 acres at 4302 Gateway Drive in Geneseo, […]
News Release: Montecito Medical™ Adds AI-Powered E/M Coding to Growing Platform of Solutions for Providers
NASHVILLE, Tenn., Oct. 27, 2022–(BUSINESS WIRE)–Montecito Medical™ has established Calm Waters AI, a sister company offering an AI-powered Evaluation and Management (E/M) coding solution that increases revenue for healthcare providers by improving coding accuracy, saving time, reducing denials and decreasing the likelihood of coding audits. Calm Waters AI joins a growing platform of AI-driven solutions […]
News Release: Denver-based health care developer, NexCore Group, breaks ground on Montrose Ambulatory Care Center
NEWS PROVIDED BY NexCore Group Oct 27, 2022, 11:16 ET Montrose Regional Health partners & leases land to NexCore to construct 80,000 square foot outpatient care center on the western slope of Colorado DENVER, Oct. 27, 2022 /PRNewswire/ — Nationally recognized health care real estate investment and development company, NexCore Group, has begun preliminary groundwork at […]
News Release: Medical Properties Trust, Inc. Reports Third Quarter Results
Per Share Net Income of $0.37 and Normalized FFO of $0.45 in Third Quarter Year-to-Date Capital Recycling Transactions Generate Approximately $1.8 Billion of Cash BIRMINGHAM, Ala., Oct. 27, 2022, (BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the third quarter ended September 30, 2022, as […]
