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News Release: Big Sky Medical Welcomes New Manager Of Acquisitions To Their Team

News Release: Big Sky Medical Welcomes New Manager Of Acquisitions To Their Team

FOR IMMEDIATE RELEASE DALLAS, June 30, 2023 — Big Sky Medical, a leading private real estate investment firm specializing in healthcare properties, is pleased to announce the addition of Tyler Rhoades as their new Manager of Acquisitions. With an extensive background in real estate investment and a proven track record in strategic acquisitions, Tyler brings […]

News Release: Vitalis Acquires 20,000 SF US Radiology facility in Philadelphia Suburb

News Release: Vitalis Acquires 20,000 SF US Radiology facility in Philadelphia Suburb

Vitalis acquired Larchmont Medical Center in Mt Laurel, NJ on June 26, 2023. The building sold for $232 PSF and is anchored by Larchmont Imaging (US Radiology). For over 50 years, Larchmont Imaging has been a trusted provider of imaging services, with six locations strategically located throughout southern New Jersey. In 2022, US Radiology Specialists […]

News Release: Hoyt Science Center addition gains LEED certification

News Release: Hoyt Science Center addition gains LEED certification

The three-story laboratory addition to Westminster College’s Hoyt Science Center has been awarded Leadership in Energy and Environmental Design (LEED) v4 certification from the U.S. Green Building Council (USGBC), marking the College’s commitment to environmental sustainability. The 27-000-square-foot wing, completed in 2021, is Westminster College’s first LEED-certified building. The LEED rating system was developed by […]

News Release: Sendero Capital and Angelo Gordon launch programmatic joint venture for outpatient healthcare real estate acquisitions

JLL Capital Markets arranged the programmatic joint venture between Sendero Capital and Angelo Gordon, which has the ability to acquire up to $300 million in assets over the next two years.   BOSTON, Jun. 29, 2023 –  JLL CapitalMarkets announced today that it arranged a programmatic joint venture between Sendero Capital and Angelo Gordon, which will […]

News Release: Sendero Capital and Angelo Gordon launch programmatic joint venture for outpatient healthcare real estate acquisitions

JLL Capital Markets arranged the programmatic joint venture between Sendero Capital and Angelo Gordon, which has the ability to acquire up to $300 million in assets over the next two years.   BOSTON, June 29, 2023 –  JLL Capital Markets announced today that it arranged a programmatic joint venture between Sendero Capital and Angelo Gordon, which […]

News Release: Diversified Healthcare Trust Announces Event of Default Under $450 Million Credit Facility for Insufficient Collateral Value

Appraised Value of Collateral Properties Declined by 22% Working with Lenders to Obtain Waiver Through September 30th Merger with OPI is Best Alternative Available to DHC NEWTON, Mass., June 29, 2023–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today announced that a non-monetary event of default has occurred under its $450 million credit facility. The facility requires […]

News Release: Diversified Healthcare Trust Announces Event of Default Under $450 Million Credit Facility for Insufficient Collateral Value

Appraised Value of Collateral Properties Declined by 22% Working with Lenders to Obtain Waiver Through September 30th Merger with OPI is Best Alternative Available to DHC NEWTON, Mass., June 29, 2023–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today announced that a non-monetary event of default has occurred under its $450 million credit facility. The facility requires […]

Alexandria’s strong and flexible balance sheet. Courtesy of Alexandria Real Estate Equities, Inc.

News Release: Alexandria Real Estate Equities, Inc. Announces Closing of Its Amended Line of Credit for Additional Commitments of $1 Billion

NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 29 Jun, 2023, 08:30 ET Alexandria’s banking syndicate continues to support the company’s world-class brand, differentiated business model and Labspace® market dominance Increase in commitments available under its unsecured senior line of credit to $5.0 billion further bolsters Alexandria’s already impressive liquidity PASADENA, Calif., June 29, 2023 […]

The new Legent Westover Hills MOB expands Physician Surgical Network’s presence in the San Antonio area and in Texas and includes a larger surgery center than originally planned. The 15,121-square-foot ASC houses four operating rooms with space to add additional ORs or a cardiac catheterization lab.

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PSN has moved into the new 59,741-square-foot medical office building and ambulatory surgery center in Westover Hills, Texas and begun performing surgeries

News Release: Remedy Medical Properties and Medical Facilities Holdings complete Physician Surgical Network MOB/ ASC near San Antonio

PSN has moved into the new 59,741-square-foot medical office building and ambulatory surgery center in Westover Hills, Texas and begun performing surgeries WESTOVER HILLS, Texas, and CHICAGO, June 28, 2023 – Chicago-based Remedy Medical Properties and its development partner San Antonio-based Medical Facilities Holdings (MFH) announced that they have completed a new 59,741-square-foot medical office […]

News Release: Ryan Companies to Develop Medical Office Building in Scottsdale

News Release: Ryan Companies to Develop Medical Office Building in Scottsdale

Building is 80% preleased with City of Hope Phoenix and Exalt Health as anchor tenants SCOTTSDALE, Ariz. (June 28, 2023) – Construction of a Class A, multi-tenant medical office building is underway at One Scottsdale. Ryan Companies US, Inc. is developing, designing, and building One Scottsdale Medical, which will be located near the Loop 101 […]

421 Park Drive (pictured above left) at the Alexandria Center® for Life Science – Fenway mega campus. Courtesy of Alexandria Real Estate Equities, Inc.

News Release: Alexandria Real Estate Equities, Inc.’s Pioneering, Foundational and Highly Amenitized Over 2 Million RSF Mega Campus in Greater Boston’s Fenway Solidifies Its Dominance in the New Collaborative Life Science Submarket

421 Park Drive (pictured above left) at the Alexandria Center® for Life Science – Fenway mega campus. Courtesy of Alexandria Real Estate Equities, Inc. (PRNewsfoto/Alexandria Real Estate Equities, Inc.) NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 28 Jun, 2023, 08:30 ET Alexandria announces sale to Boston Children’s Hospital of property that will constitute 268,000 […]

The InterFace HRE Carolinas development panel featured (from left to right): Tommy Catone of Summit Healthcare, moderator Laura Cardner of Healthcare Realty, Alan Jenkins of Meadows & Ohly, Bret Muller of Capital Associates and John Stubbs of Davis Moore.
Photo courtesy of InterFace Conference Group

Feature Story: Developers need to ‘add value’

InterFace Carolinas panelists say higher costs have changed the game By John B. Mugford According to statistics, healthcare real estate (HRE) development is on the rise throughout the country. As noted in the “What’s Trending?” feature at the bottom of this edition of the HREI™ weekly e-newsletter, a recent report from the U.S. Healthcare & […]

News Release: Southeast Denver’s Greenwood Plaza Renews Kaiser Permanente in Lease totaling 120,979 SF

News Release: Southeast Denver’s Greenwood Plaza Renews Kaiser Permanente in Lease totaling 120,979 SF

Cushman & Wakefield represents landlord in transaction ENGLEWOOD, Colo. – June 27, 2023 –  Cushman & Wakefield announced that One & Two Greenwood Plaza has extended its lease term with Kaiser Permanente for 120,979 square feet (sf) of space at the Class A office campus in Englewood (Denver), Colorado. Kaiser serves as the anchor tenant of the […]

News Release: Vitalis Acquires Ardent Health Cardio Facility in Tulsa

News Release: Vitalis Acquires Ardent Health Cardio Facility in Tulsa

Vitalis acquired a 45,556 square foot outpatient facility in Tulsa, OK, strategically located less than a mile from Hillcrest Hospital South. The building is fully leased by three tenants, Oklahoma Heart Institute, Hillcrest HealthCare System and Lifestance Health. Oklahoma Heart Institute and Hillcrest HealthCare were acquired by Ardent Health in the early 2000’s and comprise […]

News Release: Vitalis Acquires Vein Center in Jacksonville, FL.

News Release: Vitalis Acquires Vein Center in Jacksonville, FL.

Vitalis acquired St. John’s Interventional and Vascular Institute located at 8767 Perimeter Park Blvd in Jacksonville, FL. The 10,647 SF building is 100% occupied by St. John’s Vein Center on a long term NNN lease and serves as the practice’s flagship location. The state-of-the-art vascular catheterization laboratory is the only AIC-accredited vein center and vascular […]