News Release: The St. Joe Company, Tallahassee Memorial and Florida State University Break Ground on New Health Care Campus
PANAMA CITY BEACH, Fla. — (BUSINESS WIRE) — The St. Joe Company (NYSE: JOE) (“St. Joe”), Florida State University (“FSU”) and Tallahassee Memorial HealthCare (“TMH”) celebrated the construction kickoff Tuesday, January 17, 2023 of a health care campus in Panama City Beach that will bring together clinicians, researchers and students to better serve the medical […]
News Release: Thomas Park Acquires The Loughlin Management Group
Becomes one of the fastest growing commercial real estate firms in the region ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park, an Annapolis-based real estate private equity firm, today announced it acquired The Loughlin Management Group, an Annapolis-based third-party commercial property management company. The deal includes a 50 percent interest in KLNB Management. The Loughlin Management Group will now […]
News Release: Atrium Health, Wexford Science & Technology Break Ground on Transformative Development to Advance Medicine and Innovation
School of medicine and innovation district will reshape health delivery and regional economy CHARLOTTE, N.C., Jan. 17, 2023 – Construction of the long-awaited medical school near Uptown Charlotte is officially underway. The Queen City is the nation’s largest city without a 4-year medical school. The first shovels of dirt were turned today at a ceremony […]
News Release: Entrepreneurial Dentists Maximize The Value Of Their Dental Properties
DOCPROPERTIES Successfully Sells Another Portfolio PHOENIX – (January 16, 2023) – DOCPROPERTIES, with its network of local brokers, recently sold a portfolio of 14 successful dental properties across 8 states in a sale-leaseback transaction. The total value of these properties spanning 50,721 square feet was $19,011,423 with an average price per square foot valued at $374. […]
News Release: Cushman & Wakefield Hires Sushil Puria as an Executive Director of Healthcare Capital Markets Team
Industry Veteran Joins Team Within Firm’s National Healthcare Advisory Practice NASHVILLE, Tennessee, January 17, 2023 – Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, announced that Sushil Puria has joined the company’s national Healthcare Advisory Practice. Puria will serve as an Executive Director on the Healthcare Capital Markets Team and be […]
Transactions: Woodside, Heitman recapitalize a 423,000 s.f. portfolio
The estimated $140M deal seeds a programmatic partnership between the two firms By John B. Mugford Portfolio recapitalizations have been taking place at a rapid clip in the healthcare real estate (HRE) sector in recent years, including a record-setting 10-plus such deals in 2021. These recapitalizations are often the start, or the “seeding,” of new […]
News Release: Monument Healthcare Development merges with Grayson Capital, creating a bridge between housing and healthcare
Kansas City, Missouri, Jan. 17, 2023 – Transit-oriented commercial development group Grayson Capital has acquired Monument Healthcare Development. As of the closing in December 2022, Monument has become a wholly-owned subsidiary of Grayson Capital. Monument was previously a wholly-owned subsidiary of Nuterra Capital. Both Grayson Capital and Monument are strong representations of the entrepreneurial spirit […]
News Release: Avison Young brokers $3.6 million acquisition of a 10,000-sf medical office building on behalf of owner-user in Las Vegas
Las Vegas, NV, Jan. 17, 2023 – Avison Young announced today it has brokered the $3.6 million acquisition of a 10,000-square-foot medical office property located at 6070 South Fort Apache Road in Las Vegas, NV. Avison Young Principal Barton Hyde represented the buyer, AABECK, LLC, an entity of Wound Care Experts, owned by Dr. Naz Wahab. […]
News Release: Welltower Announces Executive and Senior Leadership Team Promotions
Nikhil Chaudhri promoted to Executive Vice President – Chief Investment Officer Ayesha Menon promoted to Executive Vice President – Wellness Housing & Development Additional Senior Leadership Team promotions announced TOLEDO, Ohio, Jan. 17, 2023 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced executive and senior leadership team promotions to reflect the next generation of leadership […]
News Release: Global Medical REIT Announces That Pipeline Health Will Assume its Leases at White Rock Hospital in Dallas, Texas
BETHESDA, Md., Jan. 17, 2023, (BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built healthcare facilities and leases those facilities to strong healthcare systems and groups with leading market share, today announced that the Company’s leases with Pipeline Health […]
News Release: Hanley Investment Group Arranges Sale of Two-Tenant Pacific Dental Services and Coldwell Banker Pad in Seattle Metro for $2.8 Million
EVERETT, Wash., Jan. 17, 2023 – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a two-tenant retail property occupied by Pacific Dental Services and Coldwell Banker in Seattle metro area. The sale price was […]
