News Release: Wentworth Healthcare Buys $56 Million Medical Office Portfolio
For Immediate Release Portfolio Includes Three Properties in Arizona and One in Colorado Phoenix, AZ (Feb. 2, 2022) –Wentworth Healthcare Properties (“Wentworth”), the healthcare division of Wentworth Property Company, announced a $56 million acquisition of a four-property medical office building (MOB) portfolio that includes three properties in Arizona and one in Colorado. Wentworth purchased the […]
News Release: JLL Capital Markets facilitates record-setting sale of medical office complex in Newport Beach, California
The two-building on campus property is fully leased to a diverse mix of renowned health system and physician tenants and represents one of the highest profile medical office buildings in the country NEWPORT BEACH, Calif. – Feb. 3, 2022 – JLL Capital Markets announced today that it has facilitated the sale of Newport Lido Medical […]
News Release: Optimal Outcomes Completes 68,000 SF Orthopaedic Facility
Completed in Q3 2021, the two-story, 68,000 SF Medical Office Building (MOB) in Vero Beach, FL offers a clean, modern aesthetic inclusive of an orthopaedic medical office suite on the ground floor, a rehabilitation suite on the second, and the addition of an Ambulatory Surgery Center also on the second floor. The first floor, anchored […]
News Release: Kerry Swanson named ERDMAN’s Senior Vice President Healthcare
FOR IMMEDIATE RELEASE Kerry Swanson named ERDMAN’s Senior Vice President Healthcare Madison, Wis. – As ERDMAN continues to grow and evolve, we are excited to announce Kerry Swanson’s promotion to Senior Vice President Healthcare. After serving as an Executive Advisor, Kerry formally joined ERDMAN in March 2021 as Managing Director, Advisory Services. Kerry brings over […]
News Release: Aurora Medical Center – Mount Pleasant (Wis.) now open to patients
The opening expands access to care in the fast-growing Racine County community Tuesday, February 1, 2022 Aurora Medical Center – Mount Pleasant opened to patients today, expanding access to care in the fast-growing Racine County community. The new campus is located at 13250 Washington Ave. in Mount Pleasant, WI, at the intersection of I-94 and […]
News Release: JLL Property Management launches national life sciences group
Due to the increase in demand within the sector, the firm has promoted Timothy Martin to lead the newly established service line February 01, 2022 CHICAGO, Feb. 1, 2022 – JLL Property Management announced today that it has promoted Timothy Martin to Managing Director to lead the new U.S. life sciences property management business. In […]
Feature Story: 2021 to break MOB sales record
Volume will top $16 billion when Revista discovers, adds up the year’s final transactions By John B. Mugford Total medical office building (MOB) sales volume last year is likely to surpass $16 billion, breaking the previous record of $15.6 billion, set in 2015. That’s according to Arnold, Md.-based Revista, a healthcare real estate (HRE) data […]
News Release: Alexandria Real Estate Equities, Inc., at the Vanguard of the Life Science Industry, Providing High-Quality Office/Laboratory Space to Meet Historic-High Demand, Reports: 4Q21 and 2021 Net Income per Share – Diluted of $0.47 and $3.82, respectively; 4Q21 and 2021 FFO per Share – Diluted, As Adjusted, of $1.97 and $7.76, respectively
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Jan 31, 2022, 16:10 ET For the presentation, please click here. PASADENA, Calif., Jan. 31, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE:ARE) announced financial and operating results for the fourth quarter and year ended December 31, 2021. Key highlights Operating results 4Q21 4Q20 2021 2020 Total revenues: In millions $ […]
News Release: Crown MedRealty Partners Teams Up With Prevail Real Estate Opportunities to cap off an impressive year with the acquisition of Edgewood Surgical Hospital in Transfer, Pa.
FOR IMMEDIATE RELEASE: Transfer, Pennsylvania — January 31, 2022—Crown MedRealty Partners (“CROWN”), a healthcare real estate firm headquartered in Kansas City, MO, partnered with Leawood, KS based Prevail Real Estate Opportunities to close out an impressive first year with the acquisition of Edgewood Surgical Hospital in Transfer, PA. As a physician-owned and operated hospital system, […]
News Release: New Medical Offices Open at Northwest Health – La Porte (Ind.)
1/31/2022 Today Northwest Health – La Porte (Ind.) opened its new medical office building attached to the hospital at 1331 State Street in La Porte. The approximately 40,000 square foot facility marks the completion of the new construction and transition of services from the original hospital on Lincolnway. The new building includes a combination of […]
News Release: Diversified Healthcare Trust Announces $703 Million Joint Venture for 10 Properties in Its Office Portfolio Segment
DHC to Receive Cash Proceeds of Approximately $653 Million and Retain a 20% Equity Interest in the Joint Venture Selling 80% Joint Venture Equity Interest at a 4.98% Capitalization Rate and Expected Gain on Sale of Approximately $320 Million January 31, 2022 07:00 AM Eastern Standard Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today […]
News Release: Sold – Outpatient Surgery Center | Prescott, AZ
SOLD Outpatient Surgery Center Prescott, Arizona Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery center located in Prescott, AZ. Built in 2006, Tri-City Surgery Center is a state-of-the-art outpatient surgery center consisting of approximately 12,718 SF. The ASC is very well located, […]
News Release: NexCore Group and CHRISTUS Southeast Texas Health System break ground on Gisela Houseman Medical Campus in Orange, Texas
FOR IMMEDIATE RELEASE The CHRISTUS-anchored, two-story, 55,000 s.f. Phase I building will house a 24/7 emergency hospital and key outpatient diagnostic services, with the remaining space leased to independent physicians ORANGE, Texas, and DENVER, Jan. 28, 2022 –Principals of NexCore Group and leaders with CHRISTUS Southeast Texas Health System, along with a […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of an Acquisition Loan for a Large Transaction between KKR Real Estate Select Trust Inc. and Montecito Medical Acquisition Company.
Chicago, January 27, 2022 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it acted as administrative agent and sole lead arranger on an acquisition loan for a joint venture led by KKR Real Estate Select Trust Inc. (“KREST”) and managed by Montecito Medical Acquisition Company. The BMO loan provided financing for the […]
News Release: IRA Capital pays $106 million for California senior housing assets
January 26, 2022 Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two newly-constructed Assisted Living and Memory Care facilities totaling 160 units in the Northern California cities of Dublin (Alameda County) and Novato (Marin County). As one of the most active players in the medical office, life science, […]