News Release: Fairfield Advisors announces sale of Cleveland Clinic Outpatient Center in Massillon, OH.
– $23,250,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Cleveland Clinic Outpatient Center located at 7337 NW Caritas Circle in Massillon, OH. The Medical Office Building is 54,600 square feet and was built in 2011. The anchor tenant is […]
News Release: Dwight Capital & Dwight Mortgage Trust Close Q2 2022 with $297.6MM in Seniors & Healthcare Financings
July 12, 2022 10:01 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Dwight Capital and its mortgage REIT affiliate, Dwight Mortgage Trust, financed $297.6MM in seniors and healthcare financings during Q2 2022. Featured among the transactions are bridge loans for Daughters of Miriam Center, Riverfront Rehabilitation and Healthcare Center, and an 8-property Skilled Nursing Facility (“SNF”) portfolio […]
News Release: Montecito Medical Acquires Medical Office Building in Fayetteville, AR
Company expands footprint in fast-growing area FOR IMMEDIATE RELEASE July 12, 2022 Montecito Medical has completed the acquisition of a medical office building in Fayetteville, Arkansas, that is tenanted by a regionally dominant specialty provider. The two-story building, which offers just over 19,000 square feet of space, is fully occupied under a new, long-term lease […]
News Release: Sixth Street and Market Street Healthcare Properties Launch New Medical Office Investment Platform
Institutional Platform with Flexible Capital to Focus on Medical Office Real Estate Opportunities Across the U.S. NEWPORT BEACH and SAN FRANCISCO – July 12, 2022 – Market Street Healthcare Properties (“MSHP”), a national developer and investor in healthcare properties, today announced the formation of a new institutional scale platform in partnership with Sixth Street, a […]
News Release: Prism Capital Partners Announces Sale of Flagship Office Tower in Nutley, N.J.
Cantor Fitzgerald Affiliate Purchases ON3’s 200 Metro Boulevard for $131.7M in Largest Suburban NJ Office Trade YTD NUTLEY, N.J., July 11, 2022 – Prism Capital Partners (Prism) has announced the sale of ON3’s flagship office tower, 200 Metro Boulevard in Nutley, to an affiliate of Cantor Fitzgerald, L.P. (Cantor Fitzgerald). Eastdil Secured represented Prism in the $131.7 million […]
Thought Leaders: Impact of COVID-19 leads healthcare organizations to consider leasing vs. owning
FOR IMMEDIATE RELEASE MINNEAPOLIS, Minn. (July 11, 2022) – In a survey of healthcare professionals on their real estate priorities conducted by Ryan Companies US, Inc., an astounding 70% of respondents indicated they are considering leasing instead of owning in the future. As COVID-19 continues to make an impact on healthcare, leasing provides more flexibility […]
Life Sciences: Growth in Cell & Gene Therapy predicts a wave of demand for biomanufacturing space
The complexities of the emerging sub-asset class are creating both challenges and opportunities for growing companies looking for speed to market CHICAGO, July 11, 2022 – As life sciences employment grows in both major and emerging life sciences markets, advancements in innovation are accelerating across the United States. Yet real estate development occurs on a […]
News Release: Dwight Capital and Dwight Mortgage Trust Finance $377MM in June 2022
July 11, 2022 10:06 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Dwight Capital and its mortgage REIT affiliate, Dwight Mortgage Trust, closed $377MM of loans in the month of June. Featured among those transactions are HUD 223(f) loans for Country Club Lakes Apartments and Winchester Place Apartments, and a bridge acquisition loan for Beachside Center for […]
News Release: Newmark Completes Sale of 100 Rustcraft Road in Dedham, Massachusetts
RJ Kelly and Independencia Asset Management sell flex/R&D/laboratory asset to Invesco Real Estate DEDHAM, Mass., July 11, 2022 — Newmark announces the sale of 100 Rustcraft Road, a flex, R&D and laboratory asset located in the suburban Boston community of Dedham, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert Griffin, Executive Vice Chairman Edward Maher, Vice […]
News Release: Anchor Health Properties Completes Off Market Acquisition of Nearly 100,000 Square Foot On-Campus MOB in Greater Atlanta MSA
FOR IMMEDIATE RELEASE July 11, 2022 (Atlanta, GA) Expanding further the company’s existing 16 asset, 700,000 square foot owned and managed portfolio across Georgia, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, recently closed on a three story, 90,379 square foot outpatient […]
News Release: Sila Realty Trust, Inc. Announces the Appointment of Chief Accounting Officer
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company” or “Sila”), a public, non-traded real estate investment trust focused on investing in high quality healthcare properties along the continuum of care, is pleased to announce the appointment of Robert R. Labenski as Chief Accounting Officer of the Company. Mr. Labenski will report to Kay C. Neely, […]
News Release: Anchor Health Properties Continues Expansion of Southern California Portfolio with 30,000 Square Foot Acquisition
Los Angeles, CA, July 8, 2022 — Expanding upon its nearly one million square foot owned and managed portfolio across Southern California, Anchor Health Properties (“Anchor”), a national, full-service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, recently closed on a fully renovated, 30,000 square foot outpatient medical office building […]
News Release: Healthcare Realty Trust Reports Progress on Asset Sales and Joint Venture Transactions
NASHVILLE, Tenn., July 08, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) (“Healthcare Realty” or the “Company”) today provided an update regarding its strategic combination with Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”). As previously announced, the transaction consideration includes a stock exchange ratio of 1:1 and a special cash dividend of […]
News Release: CareTrust REIT Promotes James Callister to Executive Vice President
SAN CLEMENTE, Calif., July 08, 2022 06:01 AM Eastern Daylight Time–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today the promotion of James Callister from General Counsel to Executive Vice President. CareTrust Chief Executive Officer, Dave Sedgwick, described the impact James has had at CareTrust for years. He said, “Well before James joined us last year, he […]
News Release: Hicks Ventures Announces Groundbreaking Of $28 Million Inpatient Rehabilitation Facility In Wausau, Wisconsin
Houston, TX (July 7, 2022) — Hicks Ventures, a Houston-based, privately held development company, has broken ground on its 42-bed, 53,000 square-foot, two-story Inpatient Rehabilitation Facility in Wausau, Wisconsin. In addition to first class rehabilitation services, the facility will also include an inpatient dialysis suite. The $28 million development will be the first project in […]