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 […]
News Release: AdventHealth Breaks Ground on New Medical Office Building to Expand Access to Surgery and Specialty Care
Oct. 10, 2023; HENDERSONVILLE, N.C. – AdventHealth Hendersonville is excited to bring more access to surgery and specialty care for the families of our community with a new, state-of-the-art Medical Office Building. AdventHealth held a groundbreaking ceremony on the site of the new construction on its hospital campus just off Howard Gap Road in Hendersonville. […]
News Release: Cushman & Wakefield and Flagler Healthcare Investments Awarded Leasing Assignment for 500,000-SF of Medical Office Space at Highland Park Miami
MIAMI, October 10, 2023 – Cushman & Wakefield and Flagler Healthcare Investments have been awarded the 500,000-square-foot medical office leasing assignment for Highland Park Miami, a $1 billion planned mixed-use and transit-oriented development project totaling 7 acres in Miami, Florida. Ryan Holtzman, Andrew Trench, and Michael Feldman of Cushman & Wakefield and Chris Coots of […]
News Release: Medical Office Building M&A Activity Decreases 23% in Q3:23, According to Data from LevinPro HC
Activity in the Medical Office Building M&A market decreased in the third quarter of 2023, with 44 publicly announced transactions, according to data captured by LevinPro HC. NEW CANAAN, Conn., Oct. 10, 2023 /PRNewswire-PRWeb/ — Merger and acquisition activity in the Medical Office Building (MOB) sector decreased by 23% in Q3:23 compared with the previous quarter, […]
News Release: Newmark presents the Mid-Year 2023 National Life Science Market Overview.
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News Release: Newly Renovated Tarzana Medical Building Now More Than Half Leased
New leases for 19500 Ventura Blvd. total more than $18 million Tarzana, CA – October 9, 2023 – 19500 Ventura Blvd., an architectural design award–winning open-air medical complex that has just completed its $5M transformation into a first-class medical professional building – leased the entire ground floor and a portion of the second floor to hit the over 60% leased benchmark. Brokers Scott Romick and Eugene Kim, both principals with Lee & Associates […]
News Release: Sanders Capital Partners Completes $8.4 Million Behavioral Health Acquisition
Birmingham-based Firm Completes Acquisition in Arizona Birmingham, Ala., Oct. 9, 2023 – Sanders Capital Partners, LLC, a Birmingham-based real estate acquisition and development firm, has recently completed the purchase of the Pima Transitional Living Facility for $8.4 million dollars. The facility is located at 2200 N. Camino Principal, Tucson, Arizona, 85715. The 14,506 square-foot behavioral health facility is home […]
