News Release: Confluent Senior Living and MorningStar Senior Living Enter into Exclusive Negotiating Agreement with the City of Tustin for a Class A Senior Living Community
FOR IMMEDIATE RELEASE September 20, 2023 283,000-Square-Foot Redevelopment Anticipated to Set Gold Standard for Senior Living in Orange County TUSTIN, Calif. – Confluent Senior Living and MorningStar Senior Living have entered into an Exclusive Negotiating Agreement (ENA) with the City of Tustin to lead the development of MorningStar at Tustin Legacy, an approximately 283,000-square-foot, large-scale […]
News Release: Plaza Companies, Ryan Companies Sell Prominent East Valley Medical Office Building
QUEEN CREEK, Arizona (September 20, 2023) — One of the East Valley’s newest and most successful medical office buildings is changing ownership. Plaza Companies and Ryan Companies have sold Ironwood Medical Pavilion on the Banner Ironwood Medical Center campus in Queen Creek to Hammes Partners in a $23.325 million transaction. Plaza Companies will remain a […]
News Release: $43.24M in financing secured for 86-unit assisted living and memory care community in California
JLL Capital Markets led financing efforts for Varenita of Westlake SEATTLE, Sept. 20, 2023– JLL Capital Markets announced today that it arranged $43.24 million in financing for Varenita of Westlake, an 86-unit assisted living and memory care community in Thousand Oaks, California. JLL represented the borrower, Westlake Senior Living, Center, LLC, to secure the five-year loan […]
News Release: Montecito Medical Acquires Medical Office Property in Milwaukee Area
NASHVILLE, Tenn., Sept. 20, 2023 –(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 12,600-square-foot medical office building in West Allis, Wisconsin. The Lincoln Avenue Health Center building is 100% leased to Medical College of Wisconsin, a market-dominant group in the Greater Milwaukee area. “We are delighted to acquire this […]
News Release: HealthPartners breaks ground on new specialty center in Woodbury
HealthPartners Specialty Center Woodbury will provide additional specialty care services to meet the changing health care needs of patients in Woodbury and surrounding communities WOODBURY, Minn., Sept. 20, 2023 – HealthPartners broke ground on a new specialty center in Woodbury on Tuesday, Sept. 19. The new facility will provide additional medical and surgical specialty care […]
News Release: Hammes Healthcare celebrates completion of Orlando Health Jewett Orthopedic Institute
Milwaukee, WI, September 20, 2023 – Hammes Healthcare, a leading provider of consulting and project delivery services, celebrated the completion of the Orlando Health Jewett Orthopedic Institute in downtown Orlando. The new complex, which is now open to patients, includes a 197,170-square-foot inpatient hospital with 75 beds and 10 operating rooms (ORs); a 64,900-square-foot ambulatory […]
News Release: Life sciences market poised for a comeback
After reset period, the resilient life sciences industry offers opportunities and bright spots for both occupiers and owners September 19, 2023 CHICAGO, Sept. 19, 2023 – The life sciences commercial real estate market has undergone a reset this year but is well positioned to be the comeback kid as capital sources grow more confident and […]
Feature Story: Providers still looking to expand despite hard times
Hospital and health system executives on InterFace conference panel discuss strategies, concerns By John B. Mugford Just how bad are the financial difficulties currently facing the nation’s hospitals and health systems? As one health system real estate executive put it during the InterFace Healthcare Real Estate (HRE) Conference on Sept. 7 in Dallas, “Okay, interest […]
News Release: Ribbon cutting set for MLH addition
PUBLISHED SEPTEMBER 19, 2023 Mary Lanning Healthcare is celebrating the completion of its Medical Office Building (MOB) with a ribbon cutting on September 26. The ceremony will take place at 1:30 p.m. on the south side of the MOB, 715 N. Kansas Avenue. The MOB project, which broke ground in October 2021, added 64,803 square […]
News Release: Matthews™ Secures Lease for Behavioral Innovations in McKinney Ranch
The Healthcare Tenant Leased 5,000 SF in New Retail Development DALLAS, Sept. 19, 2023 — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed a lease for 5,000 square feet at McKinney Ranch, a newly-developed shopping center located at 3700 McKinney Ranch Parkway, McKinney, TX. Matthews™ Associate Baylor […]
News Release: Horizon Technology Finance Management Expands Origination Team
NEWS PROVIDED BY Horizon Technology Finance Corporation 18 Sep, 2023, 16:15 ET FARMINGTON, Conn., Sept. 18, 2023 /PRNewswire/ — Horizon Technology Finance Management LLC (“Horizon”), the manager and investment adviser for Horizon Technology Finance Corporation (NASDAQ: HRZN) and an affiliate of Monroe Capital, today announced that it has hired Paul A. D’Agrosa as Vice President, […]
News Release: Thomas Burrus Joins JLL As An Associate VP
SEPTEMBER 18, 2023 Thomas Burrus JLL has announced the further strengthening of its national life science platform as part of the global real estate services firm’s continued investment in a dedicated, market-leading business line focused on supporting investors and tenants in the multi-billion dollar sector. Thomas Burrus has joined JLL as an associate vice president […]
News Release: Bull Realty Brokers Medical Office Portfolio
ATLANTA, Sept. 18, 2023 – Paul Zeman, Partner and President of Bull Realty’s Healthcare Real Estate Services Group, was exclusively selected to take two medical office buildings to market in the Atlanta metro area. The properties are located at 3850 Pleasant Hill Road in Duluth and 3770 Paddocks Parkway in Suwanee. Zeman sold the properties […]
News Release: Kayne Anderson Real Estate and Synovus Bank Close Sale of $1.3 Billion Medical Office Loan Portfolio
Portfolio is backed by 308 medical office properties across the U.S. BOCA RATON, Fla., Sept. 18, 2023 /PRNewswire/ — Kayne Anderson Real Estate, the real estate investment arm of Kayne Anderson Capital Advisors, L.P. including its debt platform, Kayne Anderson Real Estate Debt (“KARED”), and Synovus Bank today announced the closing of a $1.3 […]
Life Sciences: LSRE is attracting more 1031 exchange investors
The head of JLL Income Property Trust talks with BREI about this trend By Murray W. Wolf As most commercial real estate (CRE) investors have long been aware, 1031 exchanges and Delaware Statutory Trusts (DSTs) offer several advantages, including tax deferrals, diversification, opportunities for fractional ownership and more. But the interest in using those tools […]
