News Release: Big Sky Completes the Final Close of its Second Medical Real Estate Fund with $392 Million of Equity
FOR IMMEDIATE RELEASE Dallas, TX – (October 17, 2023) – Big Sky Asset Management (“Big Sky”), a leading healthcare real estate investment firm, is thrilled to announce the successful closure of its second medical real estate fund. Big Sky Medical Income Fund, LP (“Fund II” or “the Fund”), initiated in October 2021, reached its final […]
Feature Story: Strategy, patience and relationships
Jarrod Daddis shares NexCore’s formula for succeeding in tough times By John B. Mugford Whenever times have been tough in the market or deals have not necessarily gone as planned – which can happen to any organization – the professionals at NexCore Group LLC have rolled up their sleeves and relied on the creativity and […]
News Release: Allina Health Lakeville North Clinic now open for patients
LAKEVILLE, Minn. (Oct. 16, 2023) — Allina Health Lakeville North Clinic, a new facility located at the corner of Cedar and Dodd Boulevard is now officially open to patients. The clinic’s address is 17489 Dodd Blvd. The new clinic offers primary care and specialty services, including eye care, mental health and retail eye services. “Lakeville […]
News Release: Facilities operations expert joins JLL’s Healthcare Work Dynamics team
Industry veteran Amy Nunziata brings her vast knowledge of facilities management and engineering to JLL to lead healthcare operations CHICAGO, Oct. 16, 2023 – JLL announced today that it has hired Amy Nunziata as an executive vice president leading operations nationally for its Healthcare Work Dynamics Division. Nunziata’s impressive career spans more than 25 years of […]
News Release: Governor Hochul Announces New York’s First Cell and Gene Therapy Hub at Roswell Park Comprehensive Cancer Center in Buffalo
OCTOBER 13, 2023 Albany, NY $98 Million Cell and Gene Therapy Manufacturing Facility Will Support Research and Development of Life-Saving Technologies Including Cancer-Fighting Cell Therapies New Hub Will Also Support Efforts to Attract Leading Life Science Companies and New Jobs to New York Governor Announced Two Cell and Gene Therapy Hubs as Part of State […]
News Release: JLL hires new Vice President in Healthcare and Life Sciences in Dallas
Chris Higbie joins Healthcare and Life Sciences agency leasing team DALLAS, Oct. 12, 2023 – JLL announced the newest addition to its Dallas office, Chris Higbie, who will serve as Vice President of Healthcare and Life Sciences on the agency leasing team. Higbie will play a pivotal role in helping clients attract and retain the […]
News Release: Farmington Commercial & Residential Progresses in Harrisburg/Charlotte, NC
Harrisburg and Charlotte, NC (October 2023) – MPV Properties (MPV), a leading commercial real estate developer in the Carolinas, is pleased to announce the latest retail and dining options coming to Farmington, its master-planned development in Harrisburg and Charlotte, North Carolina. Commercial A new retail building, Small Shops II, is slated to begin construction soon. […]
News Release: Done Deal: Up to the Test, Blueprint Delivers in the Midwest
Blueprint continues to deliver for repeat institutional client on the sale of two assisted living communities in Iowa and Kansas Both communities were originally constructed in the mid to late 90s, were purpose built for assisted living, and are located in markets with strong senior demographics … Blueprint marketed the opportunity as a component of […]
News Release: Ryan Companies Breaks Ground on NorthShore – Edward-Elmhurst Health Cardiovascular Institute Health Center
NAPERVILLE, Ill. (Oct. 12, 2023) – Ryan Companies US, Inc. – a national commercial real estate solutions provider – and NorthShore – Edward-Elmhurst Health (NS-EEH) announce today the groundbreaking of the Cardiovascular Institute (CVI) Health Center. The 71,000-square-foot, three-story building will combine a full range of cardiovascular services under one roof in a convenient and […]
News Release: Sendero Capital and Angelo Gordon complete acquisition of a mission-critical surgery and medical center
JLL Capital Markets advised on the purchase of 245 Alvord Park Rd., the fourth acquisition in Sendero Capital and Angelo Gordon’s programmatic joint venture BOSTON, Oct. 10, 2023 – JLL Capital Markets announced today that it advised Sendero Capital and Angelo Gordon on the acquisition of 245 Alvord Park Rd. in Torrington, Connecticut, which includes a […]
Feature Story: Providers’ financial squeeze is affecting HRE
Real estate strategies are getting increased scrutiny, Connect Healthcare panelists say By John B. Mugford For many healthcare providers, reimbursement rate adjustments are lagging behind rapidly increasing costs, and that financial squeeze is affecting their real estate strategies. “The one thing that is pretty universal for health systems is that our cost structure is going […]
News Release: The Peachtree Portfolio – Ten Outpatient Medical Facilities in the Atlanta MSA
THE PEACHTREE PORTFOLIO Ten Outpatient Medical Facilities in the Atlanta MSA Berkadia Medical & Life Sciences is pleased to exclusively present the Peachtree Portfolio (the “Portfolio” or alternatively, the “Properties”) for purchase. Comprised of ten (10) medical outpatient facilities totaling 222,917 square feet, the Portfolio provides the opportunity to acquire high-quality medical properties in key […]
News Release: Medical Properties Trust Closes Sale of Remaining Australia Facilities
BIRMINGHAM, Ala., Oct. 11, 2023 –(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the closing of the sale of its four remaining Australian facilities to HMC Capital at a 5.7% cash cap rate for around AUD$470 million (approximately $305 million), which will be used to reduce the balance of MPT’s […]
News Release: Redgate Finds Success in Bedford, Two New Life-Science Buildings Come Online
NEWS PROVIDED BY Redgate 11 Oct, 2023, 09:00 ET Bedford Labs and Riverwalk Labs Offer Leading Tenants State-of-the-Art Spaces BEDFORD, Mass., Oct. 11, 2023 /PRNewswire/ — Today, Redgate, and Optimum Asset Management (Optimum) in partnership with AEW, announced the delivery of the core and shell of Bedford Labs, a state-of-the-art lab and research building located […]
News Release: Berkadia Negotiates Sale of Active Adult Property in Charlotte, NorthCarolina
CHARLOTTE, NC– OCTOBER 10, 2023 – Berkadia announced today the sale of an Active Adult Senior Living Community located in Charlotte, North Carolina. Managing Directors David Fasano, Ross Sanders, Cody Tremper, and Mike Garbers of Berkadia Seniors Housing & Healthcare led the transaction on behalf of the seller, Evergreen Residential. The deal closed on October […]
