Life Sciences: Alexandria sets the stage for one project, pauses another
REIT maneuvers ahead of a hoped-for rebound in the LSRE market By Murray W. Wolf As it seeks to navigate today’s complex and challenging life sciences real estate (LSRE) environment, the sector’s largest real estate investment trust (REIT) is setting the stage for the development of one project, tapping the brakes on another, and contending […]
News Release: Flagship Healthcare Properties acquires medical office building and ambulatory surgery center in Fredericksburg, Virginia
Property is home to several esteemed medical practices CHARLOTTE, N.C., Sept. 29, 2023 — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has acquired a Class A medical office building (MOB) and ambulatory surgery center (ASC) in Fredericksburg, Virginia. Built in 2011, the 96% leased multi-tenant property is located at 1500 Dixon Street. […]
News Release: JLL arranges $1.3B medical office loan portfolio on behalf of Synovus Financial Corp.
JLL’s Loan Sales and M&A teams led sales efforts for the medical office portfolio spanning 33 states across the U.S. NEW YORK, Sept. 19, 2023 – JLL’s Capital Markets group announced today that as exclusive advisor to Synovus Financial Corp., it worked to arrange the sale of a $1.3 billion medical office loan portfolio to Kayne […]
News Release: Survey Results: Medical Office Buildings Remain an Attractive and Stable Investment Despite Volatile Capital Markets
Executive Summary Despite significant volatility in the capital markets and operating and financial headwinds in the healthcare industry, medical office buildings (MOBs) are holding their own as attractive investment opportunities, according to our survey of a diverse range of real estate investors. The survey’s key findings include the following: Almost 90% of our survey respondents […]
News Release: Jeremy Bartz, AIA, NCARB named President of E4H Environments for Health Architecture
Jeremy brings over 22 years of experience at E4H to the role Washington, DC (September 28, 2023) – E4H Environments for Health Architecture, the leading architecture firm specializing in healthcare and health science + technology facility design, announced that Jeremy Bartz, AIA, NCARB has been appointed President. Jeremy has over 22 years of experience in […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of Burr Ridge Medical Office Building for $59.95 Million
TAMPA, Fla., September 28, 2023–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of a 104,912 square foot medical office building located in Burr Ridge, Illinois (the “Burr Ridge Healthcare Facility”) for $59.95 […]
News Release: Retina Consultants of Minnesota expands and relocates in St. Cloud and Blaine
Retina Consultants of Minnesota (“RCM”), an independent eye practice specializing in the medical and surgical treatment of eye disorders involving the retina, macula and vitreous, announces the expansion of two clinic locations in Blaine and St. Cloud. Both clinics are expanding due to the addition of physicians to accommodate their patients. In St. Cloud, RCM […]
News Release: McCARTHY SELECTED TO BUILD NEW STATE-OF-THE-ART HEALING FACILITY FOR SSM HEALTH’S CARDINAL GLENNON CHILDREN’S HOSPITAL
Scheduled for completion in 2027, the new hospital is to be built at Chouteau Avenue and Grand Boulevard in the St. Louis Midtown area McCarthy Building Companies, Inc., the oldest, privately held national construction firm in the U.S. and a leading national healthcare construction manager, has been selected to lead the design-build team for a […]
News Release: FLAGSHIP HEALTHCARE PROPERTIES ACQUIRES MEDICAL OFFICE BUILDING AND AMBULATORY SURGERY CENTER IN FREDERICKSBURG, VIRGINIA
CHARLOTTE, N.C., Sept. 27, 2023 — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has acquired a Class A medical office building (MOB) and ambulatory surgery center (ASC) in Fredericksburg, Virginia. Built in 2011, the 96% leased multi-tenant property is located at 1500 Dixon Street. The building is anchored by Surgi-Center of Central Virginia, […]
News Release: Alexandria Real Estate Equities, Inc.’s One-of-a-Kind, Essential Labspace Platform Empowers the Integration and Enhancement of Biological Discoveries Enabled by AI to Widen the Opportunities for and Accelerate the Development of Novel Medicines
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 27 Sep, 2023, 08:30 ET Alexandria is well positioned to support companies in the growing area of AI-enhanced laboratory-based research and development, which is contributing to demand for advanced laboratory infrastructure requirements PASADENA, Calif., Sept. 27, 2023 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), the […]
News Release: Diversified Healthcare Trust Announces Board and Leadership Updates and Actions to Address Near Term Capital Needs, Including Pending Debt Maturities
Phyllis Hollis Appointed Independent Trustee Matthew Brown Appointed CFO, Effective October 1, 2023 B. Riley Securities Engaged as Financial Advisor NEWTON, Mass., Sept. 26, 2023–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced changes to its Board of Trustees and executive leadership team, and other actions to address its near term capital needs, including DHC’s […]
News Release: ARPA-H launches nationwide health innovation network
ARPA-H announces site selections by launching nationwide health innovation network Hubs in Texas and greater Boston area and related spokes will represent diverse American geographies September 26th 2023 Today, the Advanced Research Projects Agency for Health (ARPA-H), an agency within the U.S. Department of Health and Human Services (HHS), announced the launch of ARPANET-H, a […]
News Release: First-of-its-Kind Net-Zero Carbon Life Sciences & Tech Facility Coming to Boulder, Colorado
Set to break ground in 2024, world-class Ridgeway Science & Tech will offer 112,423 SF of space of ideally located space fully equipped for innovation, collaboration and sustainability BOULDER, Colorado (Sept. 26, 2023) – Boulder-based real estate investment, management and development firm Conscience Bay Company(CBC) today announced it will move forward with a new world-class […]
Feature Story: The HRE sector is busier than you might think
The credit crunch continues, but many deals and developments are still getting done By John B. Mugford Perhaps the main thing holding back the healthcare real estate (HRE) sector, especially when it comes to property acquisitions, is a dearth of lenders willing to provide debt, according to a panel of HRE veterans at the recent […]
News Release: Easterly Government Properties Completes Acquisition of VA – Corpus Christi, the Ninth of 10 Properties in the VA Portfolio
WASHINGTON–(BUSINESS WIRE)–Sep. 26, 2023— Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has, through its joint venture (“JV”), completed the acquisition of the previously announced 69,276 leased square […]
