News Release: Montecito Medical Acquires Medical Office Building in Philadelphia Area
Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a medical office property in the greater Philadelphia market area. The 27,500 square-foot building, located in Bensalem Township, is tenanted by two prominent provider groups, Alliance Cancer Specialists and US Digestive Health/Gastrointestinal Specialists. The property includes an ambulatory surgery center […]
News Release: Newmark Arranges $44 Million Financing for Acute Care and Specialty Hospital in Houston, Texas
New York, NY (February 6, 2023) — Newmark announces it has arranged a refinancing loan for a physician-owned hospital facility located in Houston, Texas. The facility is 100% leased to two tenants, including an independent surgical hospital operator and national inpatient rehabilitation facility. The refinancing totaled $44 million in proceeds on a non-recourse basis, reflecting […]
News Release: MSP Commercial Purchase on Penn Ave for Relocation
NEWS RELEASE FOR IMMEDIATE RELEASE MINNEAPOLIS (Tuesday, February 28, 2023) – After receiving a Valentine’s Day approval from the City of Richfield, MSP Commercial finalized the purchase of the building at 6436 Penn Ave South last week, with plans to relocate their headquarters from Eagan. Previously zoned as wholesale warehouse, the project required a change […]
News Release: National Dental Healthcare REIT Posts ‘Explosive’ Growth In 2022
CHICAGO–(BUSINESS WIRE)–National Dental Healthcare REIT (NDH REIT), a Thurston Group portfolio company, has announced significant growth in 2022, where it has more than doubled its size and holdings in only its second full year. In 2022, the Chicago-based Real Estate Investment Trust (REIT) acquired 74 locations across 10 new states, totaling $87 million in acquisitions. […]
News Release: Blue West Capital Arranges the Sale of New Construction Single Tenant UCHealth in Erie, CO
ERIE, CO – [February 3, 2022] – Blue West Capital has completed the sale of the single tenant net lease UCHealth medical office building located at 2970 Arapahoe Road in Erie, CO for $5,650,000. Tom Ethington, of Blue West Capital, represented the 1031 exchange buyer, an Arizona-based family. The seller was a local developer. The […]
News Release: Phase 3 Real Estate Partners, Inc. signs life science company to 7,064 SF lease at GENESIS – HQ in San Diego, California
SAN DIEGO, CALIF., February 3, 2023 – Confirming the attractiveness of San Diego as a premier life science market, Phase 3 Real Estate Partners, Inc. announced that is has signed Nautilus Biotechnology to a new 7,064-square-foot lease at GENESIS – HQ, a two-story, 29,874-square foot Class A life science building located at 4475 Executive Drive […]
News Release: Omega Reports Fourth Quarter and Full Year 2022 Results
Completed $103 Million in New Investments in Q4 Continued Operator Portfolio Restructurings HUNT VALLEY, Md.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter and year ended December 31, 2022. FOURTH QUARTER 2022 AND RECENT HIGHLIGHTS Net income for the quarter of $47 million, or $0.19 per […]
News Release: Oxford Finance’s Healthcare Real Estate Group Closes Over $867 Million of Capital Commitments in 2022
ALEXANDRIA, Va.–(BUSINESS WIRE)–Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, is pleased to announce that its Healthcare Real Estate Group closed a record level of originations in 2022, with Oxford providing over $867 million of capital commitments. The group closed a total […]
News Release: Sale Announcement: Closing of $12.05M Single Tenant Absolute NNN 15-Year SLB Portfolio (4)
Whitewater Eye Centers Real Estate Portfolio: Madison Street Group is pleased to announce the sale of the Whitewater Eye Centers Real Estate Portfolio located in Indiana (3) and Ohio (1) to Montecito Medical Real Estate. Investment Highlights: § The Portfolio consists of three (3) MOBs with one (1) ambulatory surgery center (ASC), and one (1) […]
News Release: Three NexCore Group developments named 2022 HREI Insights Award™ Finalists
Healthcare Real Estate Insights™ magazine’s annual awards program honors two medical facilities and one seniors housing community the company recently developed in Houston, TX; Livonia, Mich.; and Port Orange, Fla. DENVER; HOUSTON; PORT ORANGE, FLA. (PRWEB) FEBRUARY 02, 2023 — Two healthcare facilities and one seniors housing community developed by NexCore Group, a national healthcare real […]
News Release: Three NexCore Group developments named 2022 HREI Insights Award™ Finalists
Healthcare Real Estate Insights™ magazine’s annual awards program honors two medical facilities and one seniors housing community the company recently developed in Houston, TX; Livonia, Mich.; and Port Orange, Fla. DENVER; HOUSTON; PORT ORANGE, FLA. (PRWEB) FEBRUARY 2, 2023 — Two healthcare facilities and one seniors housing community developed by NexCore Group, a national healthcare real […]
News Release: Sabra Provides Update on Previously Disclosed Disposition Activity and North American Transition
IRVINE, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra”, “the Company”) (Nasdaq: SBRA) announced today that since September 30, 2022, the Company has received roughly $185 million of gross proceeds related to previously disclosed disposition activity. In addition, the 24 properties formerly leased to North American (“North American”) have been successfully transitioned to Ensign (“Ensign”) (Nasdaq: […]
News Release: Rendina Healthcare Real Estate and Baptist Memorial Health Care Celebrate Grand Opening of First Freestanding Emergency Department in West Tennessee
JUPITER, Fla., Feb. 1, 2023 /PRNewswire/ — Officials from Rendina Healthcare Real Estate (“Rendina”) and Baptist Memorial Health Care (“Baptist”) assembled earlier this month to celebrate the grand opening of its new Baptist Arlington Emergency Department in Arlington, Tenn. The new 38,000-square-foot Freestanding Emergency Department (“FSED”) and Medical Office Building (“MOB”), located at 5150 Airline […]
News Release: Montecito Medical Acquires Medical Office Building in Dallas
Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a medical office property in the Dallas suburb of Plano, TX. The 31,247 square-foot building tenanted by five medical providers and anchored by Dallas Neurological and Spine. “We are delighted to acquire yet another high-quality medical office asset in the DFW […]
News Release: Vaxxinity Announces Board Appointments and Establishes New Headquarters in Florida
February 01, 2023 19:40 ET | Source: Vaxxinity, Inc. Appointment of new directors bring diversity, balance and relevant industry expertise to Vaxxinity Establishment of Frontier Exploration Laboratories (“VaxxLabs”) in Cape Canaveral, Fla., as corporate headquarters CAPE CANAVERAL, Fla., Feb. 01, 2023 (GLOBE NEWSWIRE) — Vaxxinity, Inc. (Nasdaq: VAXX), a U.S. company pioneering the development of […]
