News Release: US Life Sciences Real Estate Market Slows to More Sustainable Pace in Q2
Press Release FOR IMMEDIATE RELEASE US Life Sciences Real Estate Market Slows to More Sustainable Pace in Q2 Lab vacancy rises, but employment continues to grow; Philadelphia, Washington, DC, among markets registering increases in demand Dallas – July 26, 2023 – Momentum slowed in the second quarter for the U.S. life sciences real estate market, […]
News Release: First Citizens Bank Provides $20.5 Million Acquisition Loan for Forsyth Physicians Center in Greater Atlanta
NEW YORK — July 26, 2023 — First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, provided $20.5 million toward the acquisition of the Forsyth Physicians Center. The borrower is a joint venture led by Anchor Health Properties. Forsyth Physicians Center is a 92,000 RSF, Class A, multi-tenant medical […]
News Release: Anchor Health Properties Marks Ribbon Cutting Milestone of Second HonorHealth Complete Care Location
FOR IMMEDIATE RELEASE July 26, 2023 (Phoenix, AZ) Alongside health system leadership, the project team, and members of the community, Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently celebrated the ribbon cutting of the 21,215 square foot HonorHealth Complete Care, a full-service, […]
News Release: Hammes Healthcare celebrates completion of Bayfront Health Emergency Room – Crossroads
MILWAUKEE, July 26, 2023 /PRNewswire-PRWeb/ –– Hammes Healthcare, a leading provider of consulting and project management services, celebrated the completion of the Bayfront Health Emergency Room – Crossroads in St. Petersburg, Florida. Hammes served as project manager for the new three-story, 45,325-square-foot standalone emergency department, which broke ground in March 2022 and opened to patients […]
News Release: SRS Real Estate Partners Completes $6 Million Sale of a Single-Tenant Property Occupied by Total Point Urgent Care in Dallas, TX
New York, NY (July 25, 2023) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $6 million sale of a 5,000-square-foot medical property occupied by Total Point Urgent Care. The property is situated on .8 acres and is located at 3443 West Wheatland Road in Dallas, TX. SRS […]
Archives: 2023
Please click on one of the options below to access these archived editions of Healthcare Real Estate Insights™ in your preferred format (paid subscription required) Jan/Feb 2023 March/April 2023 May/June 2023 July/August 2023 Sept/Oct 2023 Nov/Dec 2023 2022 Archives 2021 Archives 2020 Archives 2019 Archives 2018 Archives 2017 Archives 2016 Archives 2015 Archives 2014 Archives […]
News Release: MassBio Breaks Ground on 4,000-Square-Foot ‘Bioversity’ Workforce Training Center in Dorchester
JUL 25, 2023 Inaugural workforce training facility to develop new career pathways for residents entering life sciences industry BOSTON, MA (July 25, 2023) – MassBio today celebrated the official groundbreaking of Bioversity‘s first workforce training center at Southline Boston in Dorchester with community partners, key funders, city and state leaders, and project developers in attendance. […]
Cover Story: ‘Side business’ grows up
Pinecroft Realty restructures as its HRE business expands By John B. Mugford For starting out as a side business of an energy trader back in 2003, The Woodlands, Texas-based Pinecroft Realty has done rather nicely in the healthcare real estate (HRE) sector. The full-service commercial real estate firm, which focuses on HRE development, also acquires, […]
Feature Story: First-half MOB sales volume drops drastically
Revista provides Q2 market update; lender says cap rates are now in the 6-6.5% range By John B. Mugford It goes without saying that nearly everyone involved in the medical office building (MOB) sector suspected that the sales volume is off to quite a slow start in 2023. Even so, the depths to which the […]
News Release: Phoenix Children’s Building New 44,000-Square Foot Level IV Neonatal Intensive Care Unit
New NICU Part of Ongoing Phoenix Children’s Hospital — Thomas Campus Expansion PHOENIX [July 25, 2023] – Phoenix Children’s, one of the nation’s fastest-growing pediatric health systems, today announced the construction of a new 44,000-square-foot neonatal intensive care unit (NICU), slated to open next year at Phoenix Children’s Hospital — Thomas Campus. The new space, […]
News Release: Rethink Healthcare Real Estate celebrates the opening of three properties in Jacksonville, Florida
Rethink partnered with Rendina Healthcare Real Estate on behalf of Intuitive Health and University of Florida Health System to deliver the properties. JACKSONVILLE, FL., and WHITE PLAINS, NY., July 25, 2023 – Rethink Healthcare Real Estate (“Rethink”), the White Plains and New York City based investment management firm (fka Seavest Healthcare Properties), announced the opening […]
News Release: Montecito Medical Acquires Specialized Medical Property in Tennessee
Montecito Medical Acquires Specialized Medical Property in Tennessee Montecito Medical, a leading acquirer of medical office properties nationwide, has partnered with Sable Investments to acquire a medical facility in Franklin, TN, that is home to one of the most advanced cancer treatment devices in the nation. The Tennessee Oncology Proton Center, which represents a total […]
News Release: Alexandria Real Estate Equities, Inc. Reports: 2Q23 and 1H23 Net Income per Share – Diluted of $0.51 and $0.95, respectively; and 2Q23 and 1H23 FFO per Share – Diluted, As Adjusted, of $2.24 and $4.43, respectively
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 24 Jul, 2023, 16:10 ET PASADENA, Calif., July 24, 2023 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the second quarter ended June 30, 2023. Key highlights Operating results 2Q23 2Q22 1H23 1H22 Total revenues: In millions $ 713.9 $ 643.8 $ 1,414.7 $ […]
News Release: Just Closed – CHM Stilson Specialty Center
Capital Markets | Healthcare & Life Sciences Just Closed Class A Outpatient Medical Building Anchored by Children’s Hospital of Michigan CBRE Transaction Highlights Date Closed: 7/19/2023 Size: 50,265 SF Occupancy: 86% CHM Stilson Specialty Center | Clinton Township, MI CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of CHM […]
News Release: HPM Hires Senior Project Manager As Firm Expands Life Sciences Footprint
Chandler Creel brings decades of experience overseeing facility shutdowns and construction projects for pharmaceutical and life sciences companies Birmingham, Ala. (July 24, 2023) – Birmingham-based program management firm, HPM announces hiring Chandler Creel as Senior Project Manager, expanding the firm’s capabilities in the pharmaceutical and life sciences industries. Chandler joined HPM’s Atlanta office and is overseeing […]
