Thought Leaders: First half 2023 medical office sales dip but show reason for optimism
August 2023 JLL Healthcare Perpectives Capital Markets One-off sales of outpatient medical show the most resilience Outpatient Medical Transaction Volume, $ billions Transactions larger than $2.5 million Source: JLL Research, Real Capital Analytics Key points: • Sales of medical properties in the first half 2023 were $3.1 billion, off by two-thirds of 2022’s hot first […]
News Release: E4H Environments for Health Architecture Announces Recent Promotions
E4H Promotes Employees to Principal and Associate Principal Across Three Offices Dallas, TX (August 31, 2023) – E4H Environments for Health Architecture, the largest architecture firm solely dedicated to healthcare and health science + technology design, is pleased to announce the recent promotions of Brian Coltrane and Allison Dar to Principal, and Joy Bartolotta and […]
News Release: Anchor Health Properties Celebrates Completion of Second Freestanding Emergency Department & Urgent Care Center in Oklahoma City, Oklahoma
OKLAHOMA CITY, Aug. 31, 2023 — Signifying the company’s long-standing commitment to pursuing better healthcare through real estate solutions, Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently celebrated the completion of a second 10,900 square foot provider-based freestanding emergency department and urgent care […]
News Release: Forbright Bank Announces $26.5 million in Financing for the Acquisition of a Maryland Skilled Nursing and Assisted Living Facility
CHEVY CHASE, Md., Aug. 31, 2023–(BUSINESS WIRE)–Forbright Bank, a nationwide full-service bank helping accelerate the transition to a sustainable economy, today announced $26.5 million in financing for the successful acquisition of a Maryland skilled nursing and assisted living facility by a top tier regional operator. This deal marks the seventh successful transaction between Forbright Bank […]
News Release: Gov. Beshear Helps Break Ground on New OneNKY Center
By Northern Kentucky CVB on Aug. 30, 2023 COVINGTON, Ky. (Aug. 30, 2023) – Today, Gov. Andy Beshear joined local and state officials and leaders of several Northern Kentucky organizations to break ground on the new OneNKY Center in Covington. The center will join Northern Kentucky growth groups focused on business development, tourism, innovation and […]
News Release: JLL Dallas welcomes Paula Whitman as Vice President
Seasoned pharma veteran aims to strengthen healthcare and life sciences division DALLAS, Aug. 28, 2023 – JLL announced that Paula Whitman has joined the Dallas office as Vice President within the Healthcare and Life Sciences division, where she will specialize in Healthcare Brokerage. In her new role at JLL, Whitman will serve as a valued […]
For Sale: Pin Oak Park – Five-Building Value Add Medical Campus Anchored by Multiple Health Systems in Bellaire, TX
CBRE PIN OAK PARK Five-Building Value Add Medical Campus Anchored by Multiple Health Systems Memorial Hermann | Houston Methodist | Texas Children’s Hospital LAND AREA: 11.885 ACRES TOTAL SF: 505,106 OCCUPANCY: 78% WALT: 4.0 YEARS IN-PLACE NOI: $6,772,853 63% MEDICAL TENANCY (37% office) 26 MEDICAL SPECIALTIES 63 MEDICAL TENANTS CBRE U.S. Healthcare & Life Sciences […]
News Release: JLL boosts Boston market presence with industry leader Robert Richards
Richards joins JLL as a Senior Managing Director focused on Life Sciences industry and portfolio advisory work BOSTON, August 30, 2023 – JLL today announced Robert Richards is joining JLL as a Senior Managing Director in its New England Market. As an established leader in commercial real estate across Boston and New England, Richard’s talents […]
Feature Story: Will the ‘financing cliff’ affect HRE?
All asset classes will see distress, but healthcare probably won’t see much By John B. Mugford Nearly $72 billion in U.S. commercial real estate (CRE) was considered “distressed” as of the end of the second quarter (Q2), an increase of 15 percent versus Q1, and another $162 billion of properties were considered to be in […]
News Release: Cape Fear Valley Health announces groundbreaking, new Dunn clinics, upcoming blood drives
FAYETTEVILLE – Aug. 29, 2023 – Cape Fear Valley Health and Harnett Health broke ground on the comprehensive Cancer Center and Medical Office Building at Central Harnett Hospital on Monday, Aug. 28. Video is available of the event here. Plans call for the new facility to be constructed over the next 16 months. When […]
News Release: Rady Children’s Breaks Ground On Billion Dollar, Seven Story Patient Care Tower
500,000 Square Foot Pavilion to House Expanded Emergency Department and Intensive Care Units San Diego, Calif. – Aug. 29, 2023 — As part of its master plan to reimagine its entire campus over the next decade, Rady Children’s Hospital-San Diego broke ground today on the largest construction project in its nearly 70-year history: a seven-story, […]
News Release: Montecito Medical Acquires Another Medical Office Property in North Carolina
UNC Physicians Network, NC (Photo: Business Wire) August 29, 2023 09:00 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired an 11,515-square-foot medical building in Chapel Hill, North Carolina. The two-story building is fully occupied and tenanted to the UNC Physicians Network—part of UNC Health — […]
News Release: Signs of progress on new Folsom (Calif.) Medical Office Building
MEDICAL CENTER August 28, 2023 By Marianne Russ Sharp Work underway on new outpatient facility, the first phase of medical campus at Hwy 50 and E. Bidwell (SACRAMENTO) If you’re driving in the area of Highway 50 and E. Bidwell Street in Folsom, you may notice new signs of progress on UC Davis Health’s planned […]
News Release: Gibson Sotheby’s International Realty Lists 250,000 SF Development in Tufts University Neighborhood
BY BECCA LOGUEPOSTED MONDAY, AUG 28, 2023 MEDFORD, MA — Gibson Sotheby’s International Realty is pleased to announce the offering of a 1.3-acre transit-oriented parcel located on Boston Avenue in Medford as an advantageous opportunity for R&D, life science and biotech developers. Located ½ mile from the Tufts University campus, Tufts Corner is a 250,000 […]
News Release: August 28, 2023 Northern Regional Hospital Opens New Medical Office Building in Mount Airy, NC
Outpatient practices of Family Medicine, Gastroenterology, General Surgery, and Urology will share space. MOUNT AIRY, NC, Aug. 28, 2023 — Northern Regional Hospital’s new Medical Office Building will be home to four of Northern’s Physician practices, to include Family Medicine, Gastroenterology, General Surgery, and Urology. The new medical office building will accommodate 18 Physicians, Physician […]
