News Release: Marcus & Millichap Arranges the Sale of a 14,213-Square Foot Office Building
PRESS RELEASES March 28, 2023 WENTZVILLE, MISSOURI, March 21, 2023 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Schroeder Creek Dental, a 14,213-square-foot office property located in Wentzville, Missouri, according to David Saverin, regional manager of […]
Life Sciences: Southline to get a new tenant and a big addition
The original building in South Boston will be expanded by 305,000 s.f. By Murray W. Wolf BOSTON – There has been a flurry of activity in recent days surrounding Beacon Capital Partners LLC’s Southline Boston project, the ongoing redevelopment of the former Boston Globe headquarters property in South Boston. Last week, Beacon submitted plans for […]
News Release: Wellstar Health System and Augusta University Health System reach agreement for statewide health care partnership
NEWS PROVIDED BY Wellstar Health System Mar 31, 2023, 10:30 ET The new partnership will make a transformational impact on improving the health and well-being of Georgians through education, research and innovative patient care. MARIETTA, Ga. and AUGUSTA, Ga., March 31, 2023 /PRNewswire/ — Wellstar Health System and Augusta University Health System (AUHS) have reached an […]
News Release: Ventas Announces Plans to Take Ownership of Full Collateral Pool Supporting its $486 Million Santerre Mezzanine Loan
March 31, 2023 08:30 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that it intends to take ownership of the collateral that supports its approximately $486 million cash-pay mezzanine loan to Santerre Health Investors (the “Santerre Mezzanine Loan”). The Santerre Mezzanine Loan is secured by equity interests in […]
News Release: Medical Properties Trust Files Lawsuit Against Short-Seller Viceroy Research and Its Members, Sends Letter to Shareholders
Viceroy’s Numerous Defamatory, False and Misleading Claims Have Caused Serious Harm to MPT and its Investors Shareholder Letter Corrects Record Regarding Short-Selling Firm’s Baseless Allegations March 30, 2023 06:04 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today filed a lawsuit in federal court against Viceroy Research […]
News Release: First Citizens Bank Provides $44.2 Million for Medical Office Building Portfolio
NEW YORK — March 30, 2023 — First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, has provided $44.2 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties. The portfolio consists of three medical office building properties […]
News Release: Medical Properties Trust Announces Agreement to Sell Healthscope Portfolio
Cash Proceeds of Approximately AUD$1.2 Billion to Fully Prepay Term Loan Maturing in 2024 Investor Appetite for Hospitals Remains Strong BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has entered into a definitive agreement to sell its Australian real estate investments operated by Healthscope to affiliates […]
News Release: Gyrodyne announces Cortlandt Manor approval of medical oriented zoning district
NEWS PROVIDED BY Gyrodyne, LLC Mar 29, 2023, 15:21 ET Company Receives MOD Designation for Mixed-Use 154,000 Square foot Property, Paving the Way for Increased Value Creation ST. JAMES, N.Y., March 29, 2023 /PRNewswire/ — Gyrodyne, LLC (NASDAQ: GYRO), an owner and manager of a diversified portfolio of real estate properties, announced that, on March […]
News Release: Deerfield Management Announces $25M Grant from New York State and Empire State Development to Build a Lab of the Future at Healthcare Innovation Campus, Cure®
Next-generation laboratory will leverage AI and ML to drastically improve speed, accuracy, and cost of drug development NEW YORK, NEW YORK – March 29, 2023 – Deerfield Management Company, a New York City-based healthcare investment firm, announced today that the State of New York and Empire State Development (“ESD”) will provide $25 million in grant […]
News Release: Holladay Announces Hospital Lease with Select Medical
3/29/23 Sand Lake Select Medical Hospital Lease Orlando Florida Holladay Properties has announced that Select Medical has signed a long-term lease for its 72,000-square-foot property located at 7450 Sand Lake Commons Blvd in Orlando, FL. “Select Medical services patients with critical and complex healthcare needs. We are honored that our facility was chosen,” said Jeff […]
News Release: Atkins Companies Acquires Healthcare and Wellness Building to Expand its Presence in Southern New Jersey
Washington Township, N.J. (March 29, 2023) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, announces the acquisition of the Washington Medical Arts Building, a 70,000±-square-foot medical office building located at 405 Hurffville Cross Keys Road in Washington Township, N.J. Located in the heart of Gloucester County, the Washington […]
News Release: Portal Innovations Expands to South Boston
Partners with ZoE Life Sciences / Beacon Capital to Operate State-of-the-Art Lab Space and Invest in Bioscience Startups at Southline March 29, 2023 10:00 AM Eastern Daylight Time CHICAGO & BOSTON–(BUSINESS WIRE)–Portal Innovations, a leading life sciences venture development engine, announced today that it will be expanding its operations to South Boston in April, 2023. […]
News Release: Research Park at Florida Atlantic University® Welcomes Renowned Regenerative Cell Therapy Expert
NEWS PROVIDED BY Research Park at FAU March 29, 2023, 13:00 GMT Joseph Purita, M.D., to Locate Innovative Practice in the Research Park and Serve as a Member of FAU Health Network BOCA RATON, FLORIDA, UNITED STATES, March 29, 2023/EINPresswire.com/ — The Research Park at Florida Atlantic University® is proud to welcome PUR-FORM, a cutting-edge […]
News Release: Avison Young arranges the sale of medical office building in Washington Township, NJ
MARCH 28, 2023 The 70,140-sf building sold for approximately $14 million Morristown, NJ –Avison Young has arranged the sale of a medical office building at 405 Hurffville Cross Keys Road in Washington Township, NJ on behalf of Gordon MAB Associates to Atkins Companies for approximately $14 million. The two-story, 70,140-square-foot (sf) building sits directly across […]
Feature Story: What’s your MOB worth?
Revista panel explores valuations and pricing in an uncertain market By John B. Mugford What’s your medical office building (MOB) worth? The short answer is: Less than it was a few months ago. That’s according to a group of experienced healthcare real estate (HRE) professionals who gathered for a panel discussion during the recent Revista […]
