News Release: Class A medical office building near Denver sells for $5.65M
News release JLL Capital Markets closed the sale of the UCHealth – Erie Nine Mile Medical Center in Erie, Colorado DENVER, Feb. 20, 2023 – JLL Capital Markets announced today that it has closed the $5.65 million sale of UCHealth – Erie Nine Mile Medical Center, an 8,000-square-foot Class A medical office building in Erie, […]
Life Sciences: Ventas earmarked about $700 million for LSRE in 2022
Its development partner, Wexford, recently started on a $425M project in Charlotte, N.C. By Murray W. Wolf CHICAGO – Ventas Inc. (NYSE: VTR), a Chicago-based real estate investment trust (REIT) perhaps better known for its senior living and medical office investments, continues to prioritize life sciences real estate (LSRE) as it adds to its portfolio. […]
News Release: A Joint Venture Between Onyx Equities And Machine Investment Group Acquires Two Million Sf Biologics Research And Development Campus In Kenilworth, N.J., From Merck Sharp & Dohme LLC With Plans To Continue Site’s Current Use
NEWS PROVIDED BY Onyx Equities Feb 16, 2023, 16:34 ET Merck to Continue as Tenant While New Headquarters Is Expanded. NEWARK, N.J., Feb. 16, 2023 /PRNewswire/ — A Joint Venture between Onyx Equities, LLC and Machine Investment Group, LLC (“the Venture”) has acquired Merck Sharp & Dohme LLC (“Merck”) former world headquarters, which features nearly two […]
News Release: Fluor Selected for Agilent Life Sciences Facility Expansion in Colorado
February 16, 2023 04:06 PM Eastern Standard Time IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that its Advanced Technologies & Life Sciences business was selected by Agilent Technologies, Inc., to expand its oligonucleotide therapeutics manufacturing facility in Frederick, Colorado, just north of Denver. Fluor is supporting engineering and procurement as part of the project. […]
News Release: LTC Reports 2022 Fourth Quarter Results and Discusses Recent Activities
LTC Reports 2022 Fourth Quarter Results and Discusses Recent Activities February 16, 2023 09:00 AM Eastern Standard Time WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the fourth quarter ended December 31, […]
News Release: Fountain Life Opens Innovative Precision Diagnostic Center in Orlando’s Lake Nona Community
NEWS PROVIDED BY Fountain Life Feb 16, 2023, 08:30 ET State-of-the-art center brings AI-enabled health screenings and diagnostic capabilities to Lake Nona’s high-tech health and life sciences district NAPLES, Fla., Feb. 16, 2023 /PRNewswire/ — Fountain Life, a preventative health and longevity company committed to transforming global healthcare from reactive to proactive, today announced that it […]
News Release: Oxford further expands biomanufacturing real estate platform with US$125 million GMP facility acquisition in Boston
Purchase and lease back of 120,000 square foot state-of-the-art facility grows Oxford’s North American cGMP real estate portfolio and pipeline to 2.4 million square feet across 12 sites February 14, 2023 BOSTON Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder, today announced the purchase and long-term lease back […]
News Release: Viva Bene Announces Healthcare Partner and Breaks Ground on First Community
Avenue Partners with Sevi Health to Deliver New Model of Integrated Living February 16, 2023 06:43 AM Eastern Standard Time ST. PETERS, Mo.–(BUSINESS WIRE)–Senior housing developer Avenue Development announces that new Viva Bene active adult community brand has partnered with national primary care provider, Sevi Health. The partnership combines Viva Bene’s vision of delivering holistic […]
News Release: Merck Announces Sale of Campus in Kenilworth, N.J., to Onyx Equities, LLC
February 16, 2023 3:00 pm ET RAHWAY, N.J., Feb.16, 2023 – Merck (NYSE: MRK), known as MSD outside of the United States and Canada, announced today that it has reached an agreement to sell its 108-acre campus in Kenilworth, N.J., to Onyx Equities, LLC. Merck will vacate the property in phases over the next several […]
News Release: Medical Properties Trust Announces Agreements for CommonSpirit Health to Acquire Steward’s Utah Operations and Lease MPT’s $1.2 Billion Utah Portfolio
February 15, 2023 04:32 PM Eastern Standard Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has agreed to lease its entire Utah hospital portfolio to Catholic Health Initiatives Colorado (“CHIC”), a wholly owned subsidiary of CommonSpirit Health (“CommonSpirit”), subsequent to CHIC’s pending acquisition of the Utah […]
News Release: Community Healthcare Trust Announces Results for the Three Months Ended December 31, 2022
NEWS PROVIDED BY Community Healthcare Trust, Inc. Feb 14, 2023, 16:45 ET FRANKLIN, Tenn., Feb. 14, 2023 /PRNewswire/ — Community Healthcare Trust Incorporated (NYSE: CHCT) (the “Company”) today announced results for the three months ended December 31, 2022. The Company reported net income for the three months ended December 31, 2022 of approximately $5.2 million, or $0.19 per diluted common share. Funds from operations […]
News Release: Karley Fant Joins ERDMAN’s Business Development Team
ERDMAN February 14, 2023 FOR IMMEDIATE RELEASE Fant brings strategic comprehensive business development experience to ERDMAN. Madison, Wis – Karley Fant, MBA, joins ERDMAN as the company’s new Director of Business Development. Fant’s commitment to developing both authentic and strategic relationships will help ERDMAN build a presence throughout the southeastern U.S. With experience in the […]
News Release: Gladstone Institutes to Expand Its Footprint
February 14, 2023 A drug that can reverse signs of Alzheimer’s disease. A therapy to regenerate damaged hearts and cure heart failure. New ways to kill cancer cells. A cure for HIV. These are some of the dreams that researchers at Gladstone Institutes are working to make a reality. To do this work, the scientists […]
News Release: NAI James E. Hanson Helps Pediatric Speech Pathologist Practice Relocate to Fairfield, N.J.
Fairfield, N.J. (February 14, 2023) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces a 12,954-square-foot medical office lease at 155 Passaic Avenue in Fairfield, N.J. NAI James E. Hanson’s Andrew Kirshenbaum represented the tenant, Brave Wings Therapy, in the transaction with the landlord, Bergman Real Estate Group. […]
Feature Story: Health systems are hurting
Hospitals ‘have taken a pounding’ but remain optimistic, InterFace panelists say By John B. Mugford For one prominent West Coast health system, the current economic climate and healthcare landscape are presenting a bit of a dichotomy. On one hand, the system is certainly struggling financially as it emerges from the hardships of providing care during […]