News Release: Cushman & Wakefield Arranges Two Leases Totaling over 30,000 SF for Kinship Health’s Expansion into Central Florida
For Immediate Release OCALA, Florida, October 03, 2023 – Cushman & Wakefield has arranged two leases totaling over 30,000 square feet this year for Kinship PACE of Central Florida, LLC and their expansion into Central Florida. This includes a new fifteen-year, 16,617-square-foot lease recently signed at 3030 SW College Rd. Kinship PACE of Central Florida […]
News Release: Done Deal. Putting Community First in Mason
Blueprint advises Anthology Senior Living on the sale of a new vintage, true “Class A” community in Mason, Ohio Blueprint was engaged by Anthology Senior Living, the Senior Living arm of global developer CA Ventures, and their institutional joint venture partners to maximize value on the sale of their Class A, 101-unit Assisted Living and […]
News Release: Montecito Medical Acquires Imaging Center Building in Western New York
October 03, 2023 09:00 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading buyer of medical office properties nationwide, has acquired a medical building in Buffalo, New York. Western New York MRI tenants the 15,858-square-foot, two-story facility. “We are thrilled to acquire this state-of-the-art building and enter into a long-term relationship with these providers […]
News Release: $80,600,000 Disposition of a 532-Unit Life Plan Community
Pine Run Retirement Community Member of Doylestown Health $80,600,000 Disposition of a 532-Unit Life Plan Community The undersigned served as exclusive financial advisor Kaufman Hall Transaction Overview Kaufman Hall and Associates, LLC (“Kaufman Hall”) served as exclusive financial advisor to Doylestown Hospital (“DH” or the “Hospital”) in connection with the disposition of DH’s 532-unit/bed life […]
Feature Story: Uncertainty creates financial market opportunities
Financial professionals discuss creative strategies, including ‘dequity’ By John B. Mugford When a group of financial professionals gathered recently to discuss the state of the healthcare real estate (HRE) capital markets, Gary Bechtel, CEO of Grand Rapids, Mich.-based Red Oak Capital Holdings, had this to say: “I’ve been in this business for a while, and […]
News Releases: Medical Properties Trust Announces Final Approvals for HMC to Proceed With Acquisition of Remaining Australian Facilities
Cash Proceeds of Approximately AUD$470 Million to be Immediately Applied to Debt Reduction October 03, 2023 09:00 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that the Australian Foreign Investment Review Board has approved HMC Capital’s purchase of MPT’s remaining four Australian facilities for approximately […]
News Release: Loyola Medicine Burr Ridge outpatient medical center trades for $59.95M in suburban Chicago
Sila Realty Trust acquires the Class A medical property in Illinois BOSTON, Oct. 3, 2023 – JLL Capital Markets announced today that it arranged the $59.95 million sale of Loyola Medicine Burr Ridge, an outpatient health center totalling 104,912 square feet in Burr Ridge, Illinois. JLL represented the seller, Healthcare Realty Trust, to procure the […]
News Release: Governor Henry McMaster Signs Certificate of Need Repeal
COLUMBIA, S.C., Oct. 3, 2023 – Governor Henry McMaster and Lieutenant Governor Pamela S. Evette today were joined by state agency leaders, members of the General Assembly, and others for a ceremonial bill signing of S. 164, Certificate of Need Repeal, which eliminates the requirement for most healthcare facilities to obtain a Certificate of Need (CON) from the […]
News Release: BioMed Realty Appoints Marie Lewis as Executive Vice President and General Counsel
The promotion highlights Ms. Lewis’ decade of commitment to the Company’s success and further strengthens the Company’s executive leadership team October 03, 2023 09:00 AM Eastern Daylight Time SAN DIEGO–(BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, announced the appointment of Marie Lewis to Executive Vice […]
News Release: Loyola Medicine Burr Ridge outpatient medical center trades for $59.95M in suburban Chicago
Sila Realty Trust acquires the Class A medical property in Illinois BOSTON Oct. 3, 2023 – JLL Capital Markets announced today that it arranged the $59.95 million sale of Loyola Medicine Burr Ridge, an outpatient health center totaling 104,912 square feet in Burr Ridge, Illinois. JLL represented the seller, Healthcare Realty Trust, and procured the […]
News Release: Alexandria Real Estate Equities, Inc. Announces Accelerated Delivery of Moderna’s New 462,100 RSF HQ and R&D Center
Alexandria Real Estate Equities, Inc. Announces Accelerated Delivery of Moderna’s New 462,100 RSF HQ and R&D Center, Designed to Be the Most Sustainable Laboratory Building in Cambridge, at 325 Binney Street on the One Kendall Square Mega Campus NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 03 Oct, 2023, 08:30 ET Alexandria earned the 2023 Visionary […]
News Release: New Class-A medical and research facility is the first to be delivered in West Los Angeles in over two decades
FOR IMMEDIATE RELEASE Stockdale Capital Partners’ Newest Development, 656 S. San Vicente Boulevard, Brings 145,000 Square Feet of State-of-the-Art Medical and Life Sciences Space to L.A.’s Golden Triangle LOS ANGELES – October 2, 2023 – Los Angeles-based Stockdale Capital Partners (Stockdale) announces its highly-anticipated new medical office and life sciences development in L.A.’s Golden Triangle. […]
News Release: Inspira Health Unveils Inspira Medical Center Mannington
The integration of Salem Medical Center, an affiliate of Inspira Health is now complete, marking the health system’s expansion with a fourth hospital in South Jersey by rebranding as IMC Mannington SALEM, N.J., Oct. 2, 2023 –(BUSINESS WIRE)—Inspira Health announced that the integration Salem Medical Center, an affiliate of Inspira Health, into the health […]
News Release: The Sanders Trust Breaks Ground on Inpatient Rehabilitation Hospital
Groundbreaking for 66,000-sq. ft. Facility in Youngstown, Ohio Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the recent groundbreaking for Mercy Health Youngstown Rehabilitation Hospital located in Youngstown, Ohio. The groundbreaking took place on August 31, 2023. The Sanders Trust was selected as the developer […]
News Release: High-profile medical office building trades for $23.3M in the greater Phoenix area
News release JLL Capital Markets led sales efforts for on-campus Ironwood Medical Pavilion II in Queen Creek, Arizona October 02, 2023 PHOENIX, Oct. 2, 2023 – JLL Capital Markets, Medical Properties Group, announced today that it arranged the $23.3 million sale of Ironwood Medical Pavilion II, an on campus 61,302 square foot medical office building […]