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 […]
News Release: BMO Healthcare Real Estate Finance acts as Administrative Agent and Lead Arranger of $200 Million Acquisition Loan for a Joint Venture between Dallas-based Big Sky Medical and Bahraini investor GFH for a medical office portfolio.
Chicago, August 26, 2022 – BMO’s Healthcare Real Estate Finance group announces that it has closed on a $200 million term loan on behalf of a joint venture between Dallas-based Big Sky Medical Real Estate and GFH, an institutional investor based in Bahrain with a global portfolio of investments. The BMO loan provided financing for […]
News Release: First-of-its-Kind Mixed-Use Development by Belmont Village Senior Living and Baptist Health South Florida Reaches Construction Milestone in Coral Gables
CORAL GABLES, Fla., August 25, 2022, (BUSINESS WIRE)–Award-winning senior housing developer and operator Belmont Village Senior Living and renowned healthcare organization Baptist Health South Florida announce the topping out of Belmont Village Senior Living Coral Gables on August 25, located at 4111 Salzedo Street. Opening in 2023, this community represents an unprecedented joint venture to […]
News Release: SRS’ National Net Lease Group Brokers $46.7 Million Off-Market Sale of a Skilled Nursing Facility in Fort Myers, FL
This transaction marks the largest for a medical or office property in Lee County year-to-date Fort Lauderdale, FL (August 25, 2022) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $46.7 million off-market sale of a single-tenant medical facility occupied by Lee Memorial Health System’s Gulf Coast Medical […]
News Release: Montecito Medical Acquires Two Medical Office Properties in Lake Charles, LA
Montecito Medical, a premier owner of medical office properties throughout the U.S., has acquired two medical office buildings in Lake Charles, Louisiana. The buildings offer a combined total of 54,417 square feet and are 100% leased. The larger of the two properties, with 41,000 square feet, is occupied by the Center for Orthopaedics. The Center […]
News Release: Mayor Adams Invests $27 Million To Accelerate Growth Of Life Sciences In NY
August 24, 2022 City Awards to City College and Mount Sinai Will Create Hundreds of Jobs and Support New Startups and Next Generation of Innovation and Research Mayor Adams’ Vision Has NYC on Path to Become Global Leader in Life Sciences, Create 40,000 Family-Sustaining Jobs in Next Decade NEW YORK – New York City Mayor […]
