News Release: Healthcare provider signs 13,369 SF medical office lease in Santa Clarita suburb of Los Angeles, California
JLL represented tenant Northeast Valley Health Corporation in the lease LOS ANGELES, January 18, 2023 – Confirming the strength of the Los Angeles area healthcare real estate market, JLL announced today that Northeast Valley Health Corporation (NEVHC) has signed a 13,369 -square-foot lease at 17909 Soledad Canyon Road in Santa Clarita, California. NEVHC will use […]
News Release: Cushman & Wakefield Arranges $51M Refinancing of Three-Property, 477-Unit Independent Living & Assisted Living Portfolio on Behalf of Kisco
Escondido, CA – January 18, 2023 – Cushman & Wakefield announced today that the real estate services firm served as the exclusive advisor to certain ownership affiliates of Kisco Senior Living (“Kisco”) to arrange the $51 million refinancing of Cypress Court in Escondido, California; Villa de San Antonio in San Antonio, Texas; and Heritage Woods […]
News Release: Goldman Sachs Asset Management and Lane Partners Announce Recapitalization of Southline Phase I with Beacon Capital Partners
NEWS PROVIDED BY Goldman Sachs Asset Management; Lane Partners; Beacon Capital Partners Jan 18, 2023, 13:00 ET NEW YORK, Jan. 18, 2023 /PRNewswire/ — A joint venture between the Real Estate business within Goldman Sachs Asset Management (“Goldman Sachs”) and Lane Partners (“Lane”) today announced the completion of a recapitalization of Southline Phase I, a […]
News Release: Announcement — $3,500,000 Medical Office Sale / Fairfield Advisors
$3,500,000 Sale – Fairfield Advisors announced that it has facilitated the sale of 2 Tri-State Orthopedic Medical Office Buildings in Southern, IN. The buildings, totaling 12,500 square feet, are located at 4000 Country Place Drive in Evansville and 2121 Willow Street in Vincennes. The single tenant is Tri-State Orthopedic Associates which is one of the […]
News Release: WOODSIDE HEALTH SEEDED PROGRAMMATIC JOINT VENTURE ARIZONA, TEXAS, FLORIDA & GEORGIA | JANUARY 2023
Newmark’s Healthcare Capital Markets practice announces the recapitalization of a 10-property, 423,000-square-foot medical office portfolio that spans four states. The recapitalization will seed a joint venture between Cleveland, Ohio-based medical office building acquisition and management firm Woodside Health, LLC and an affiliate of Heitman LLC, a global real estate investment management firm with $53 […]
News Release: Newmark Announces Recapitalization of 10-Property Medical Office Portfolio, Seeding a Programmatic Joint Venture Between Woodside Health and Heitman
FOR IMMEDIATE RELEASE New York, NY (January 13, 2023) — Newmark announces the recapitalization of a 10-property, 423,000-square-foot medical office portfolio that spans four states. The recapitalization will seed a joint venture between Cleveland, Ohio-based medical office building acquisition and management firm Woodside Health, LLC (“Woodside”) and an affiliate of Heitman LLC (“Heitman”), a global […]
News Release: 2022 HREI Insights Awards Finalists announced (UPDATED)
10th annual awards recognize excellence in HRE development and executive leadership MINNEAPOLIS, Jan. 18, 2023 – HREI is pleased to announce the finalists of the 2022 HREI Insights Awards, the first and only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership. The awards are presented by Minnetonka-based HREI, the […]
News Release: HREA Acquires Mixed-Use Commercial Property in Amagansett
HREA Acquires Mixed-Use Commercial Property in Amagansett NEW YORK, January 18, 2023 (Newswire.com) – Hildreth Real Estate Advisors (HREA), a New York-based real estate company, recently announced their latest acquisition in New York. 11 Indian Wells Highway is a mixed-use commercial property in Amagansett, New York. The building has around 9,700 square feet, three legal […]
News Release: MorningStar Senior Living Assumes Management of Senior Community in Lakewood
DENVER, CO (January 18, 2023) – MorningStar Senior Living, the Denver-based senior living operator and developer, has assumed management effective today of the local assisted living & memory care community formerly known as Juniper Village at Applewood Place. The community will now operate under the brand name MorningStar Assisted Living & Memory Care at Applewood […]
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 […]