Feature Story: HRE CEOs have plenty to be concerned about
But good fundamentals and innovation will bolster the sector, BOMA panelists say By John B. Mugford From bank failures and uncertain capital markets to “broken” regulatory policies and healthcare employee burnout, today’s healthcare real estate (HRE) CEOs face many thorny issues. But they also remain confident about the long-term prospects of their business. That was […]
News Release: Catalyst Celebrates the Completion of Second Inpatient Rehabilitation Hospital for PAM Health
May 16, 2023 PENSACOLA, FL – Catalyst Healthcare Real Estate (“Catalyst”), a full-service healthcare real estate investment firm, and Bain Capital Real Estate (“Bain Capital”), the real estate investing business of Bain Capital, are excited to announce the completion of PAM Health Rehabilitation Hospital of Tavares. Together, Catalyst and PAM Health have completed the construction […]
News Release: TCC Signs Another Life Sciences Tenant At Fulton Labs In Chicago
PRESS RELEASE Charles River Laboratories Leased 8,800 Square Feet at 1375 West Fulton Chicago – May 15, 2023 – Trammell Crow Company (TCC), a global commercial real estate developer, signed a lease with Charles River Laboratories’ (CRL), at its Fulton Labs campus in Chicago. The company will occupy 8,776 square feet of space on the […]
News Release: CBRE Announces $29 Million Sale of 68,845-SF Medical Office Building in Long Beach, California
Los Angeles – May 15, 2023 – CBRE has announced the sale of Atlantic Medical Center, a 68,845-sq.-ft, purpose-built medical office building in Long Beach, to a private buyer for $29 million. CBRE’s Michael Longo, Mark Shaffer, Todd Tydlaska , Sean Sullivan, Anthony Delorenzo represented the seller, LA-based Jamison Properties, in the transaction. Located at […]
News Release: Montecito Medical Acquires New Medical Office Building in Dallas-Fort Worth Area
Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a medical office property in the Dallas-Fort Worth Metroplex. The new, 12,144 square-foot building, tenanted by Willow Park Endoscopy Center and Clinic, is located in Willow Park, a growing community on the west side of Fort Worth. “We are delighted […]
News Release: Walker & Dunlop Seniors Housing Team Closes Over $280 Million in Q1 2023
May 15, 2023 06:30 AM Eastern Daylight Time BETHESDA, Md.–(BUSINESS WIRE)–Walker & Dunlop Inc.’s seniors housing team, led by Mark Myers, Joshua Jandris, Brett Gardner, Tony Cassie, and Gideon Orion, started 2023 strong, closing six deals totaling over $280 million. Despite the challenging market environment, the seniors housing team has maintained its performance, demonstrating its capacity to use transactional experience […]
News Release: Meet Our Newest Member of HREA – Anthony Naticchioni
HREA | Healthcare Real Estate Advisors is pleased to announce that Anthony Naticchioni has joined the firm as Director of Healthcare Real Estate Investment Sales. Located in Orange County, California. Anthony serves HREA’s clients by advising and executing financial and real estate strategies that address both the operational aspects of the practice or surgery center […]
News Release: Verséa Health, Inc. expansion to a larger facility in Tampa (FL)
May 8, 2023 by Natasha Svast We are pleased to announce our expansion to a larger facility and our plan to add 40 new jobs over the next 2-3 years. The new facility that we leased in downtown Tampa at 401 S. Florida Avenue has more than 14,000 square feet. It provides enough space for […]
Life Sciences: Ventas sees encouraging Q1 same-store growth for LSRE
Occupancy and NOI fell, but there’s more to the data than meets the eye, REIT officials say By Murray W. Wolf CHICAGO – During the past two weeks, BREI has taken a look at the first quarter (Q1) 2023 earnings reports from five of the top 10 owners of life sciences real estate (LSRE). In […]
News Release: Anchor Health Properties Executes on Significant Atlanta Area Off Market Transaction of a 40,000 Square Foot MOB & Announces Phase II 40,000 Square Foot MOB Development
FOR IMMEDIATE RELEASE May 10, 2023 (Atlanta, GA) Among the largest, non-health system owners of medical office buildings in the Atlanta MSA, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, continues its growth across the market with the recent closing of an […]
News Release: CareTrust REIT Announces First Quarter 2023 Operating Results
Conference Call Scheduled for Thursday, May 11, 2023 at 1:00 pm ET SAN CLEMENTE, Calif., May 10, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended March 31, 2023, as well as other recent events. For the quarter, CareTrust REIT reported: 96.3% of contractual rents collected; Net income of $19.2 million […]
News Release: HATCHlabs Named a 2023 NAIOP SoCal Awards Finalist for Interior Project of the Year
This prestigious nomination places HATCHlabs @ Irvine Spectrum among Southern California’s leading commercial real estate developments. DENVER, May 10, 2023 (Newswire.com) – HATCHlabs @ Irvine Spectrum, a joint development project between HATCHspacesⓇ, NexCore Science and Technology, BAM Creative, and HITT Contractors, was selected as a finalist for the 2023 NAIOP SoCal Awards under the “Interior […]
Feature Story: Are providers suffering from whiplash?
BOMA panel discusses how they are coping with sudden changes By John B. Mugford As health systems struggle financially, with costs of providing care rising and government reimbursements not nearly keeping up, their operating margins continue to decline. According to a report by Chicago-based Kaufman Hall, a healthcare and education consulting and research firm, more […]
News Release: Five-Property Medical Office Portfolio Sold by Matthews™
Portfolio Located Throughout Kansas City MSA, Feature Long-Term Eyecare Tenants Kansas City, KS, May 9, 2023 — Matthews Real Estate Investment Services, a commercial real estate investment services and technology firm, handled the sale of a portfolio of quality healthcare assets located throughout the Kansas City MSA. The Sabates Eye Centers Portfolio features five well-established […]
News Release: Ryan Partners with C. S. McCrossan to Develop Minnesota Science and Technology Center
MAPLE GROVE, MN ( MAY 09, 2023 ) For more than 60 years, a 100-acre site located in the Maple Grove, Minn. served as a source of high-quality aggregate used by C. S. McCrossan in the construction of many of the Twin Cities’ largest road and infrastructure projects. Now, this site has a new purpose. […]