News Release: Newport Beach Plastic Surgeons Dr. Joseph Cerni and Dr. Nadir Qazi Sued for Fraud and Retention of Stolen Property by Stone LLP Client
Qazi and Cerni aided and abetted each other in unlawful scheme to withhold real estate commissions from Newport Beach real estate broker lawsuit alleges September 06, 2023 06:58 PM Eastern Daylight Time NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Karen A. Sunday & Associates Inc., a well-regarded commercial real estate broker, recently filed a multi-count lawsuit against Dr. Joseph […]
Project Case Study: A repurposing on Long Island
Rethink HRE overcame many obstacles to deliver a converted facility for NYU Langone By John B. Mugford The proposed conversion of a three-story, 54,000 square foot general office building on New York’s Long Island into a multispecialty outpatient medical facility was a project that should have gone smoothly. After all, the project brought together two […]
News Release: Diversified Healthcare Trust and Office Properties Income Trust Mutually Agree to Terminate Merger Agreement
September 01, 2023 04:15 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) and Office Properties Income Trust (Nasdaq: OPI) today announced that they have mutually agreed to terminate their previously announced merger agreement dated April 11, 2023, pursuant to which OPI had agreed to acquire all outstanding common shares of DHC. Accordingly, […]
Life Sciences: Why the Medtronic deal was a good fit for RCS
Here’s what prompted Real Capital Solutions to make its first life sciences acquisition By Murray W. Wolf As BREI reported last week, Real Capital Solutions (RCS), a Louisville, Colo.-based real estate investment and management firm, recently made its largest-ever acquisition: the $188 million purchase of the newly completed, two-building, 404,149 square foot Medtronic plc (NYSE: […]
Thought Leaders: First half 2023 medical office sales dip but show reason for optimism
August 2023 JLL Healthcare Perpectives Capital Markets One-off sales of outpatient medical show the most resilience Outpatient Medical Transaction Volume, $ billions Transactions larger than $2.5 million Source: JLL Research, Real Capital Analytics Key points: • Sales of medical properties in the first half 2023 were $3.1 billion, off by two-thirds of 2022’s hot first […]
News Release: E4H Environments for Health Architecture Announces Recent Promotions
E4H Promotes Employees to Principal and Associate Principal Across Three Offices Dallas, TX (August 31, 2023) – E4H Environments for Health Architecture, the largest architecture firm solely dedicated to healthcare and health science + technology design, is pleased to announce the recent promotions of Brian Coltrane and Allison Dar to Principal, and Joy Bartolotta and […]
News Release: Anchor Health Properties Celebrates Completion of Second Freestanding Emergency Department & Urgent Care Center in Oklahoma City, Oklahoma
OKLAHOMA CITY, Aug. 31, 2023 — Signifying the company’s long-standing commitment to pursuing better healthcare through real estate solutions, Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently celebrated the completion of a second 10,900 square foot provider-based freestanding emergency department and urgent care […]
News Release: Forbright Bank Announces $26.5 million in Financing for the Acquisition of a Maryland Skilled Nursing and Assisted Living Facility
CHEVY CHASE, Md., Aug. 31, 2023–(BUSINESS WIRE)–Forbright Bank, a nationwide full-service bank helping accelerate the transition to a sustainable economy, today announced $26.5 million in financing for the successful acquisition of a Maryland skilled nursing and assisted living facility by a top tier regional operator. This deal marks the seventh successful transaction between Forbright Bank […]
News Release: Gov. Beshear Helps Break Ground on New OneNKY Center
By Northern Kentucky CVB on Aug. 30, 2023 COVINGTON, Ky. (Aug. 30, 2023) – Today, Gov. Andy Beshear joined local and state officials and leaders of several Northern Kentucky organizations to break ground on the new OneNKY Center in Covington. The center will join Northern Kentucky growth groups focused on business development, tourism, innovation and […]
News Release: JLL Dallas welcomes Paula Whitman as Vice President
Seasoned pharma veteran aims to strengthen healthcare and life sciences division DALLAS, Aug. 28, 2023 – JLL announced that Paula Whitman has joined the Dallas office as Vice President within the Healthcare and Life Sciences division, where she will specialize in Healthcare Brokerage. In her new role at JLL, Whitman will serve as a valued […]
For Sale: Pin Oak Park – Five-Building Value Add Medical Campus Anchored by Multiple Health Systems in Bellaire, TX
CBRE PIN OAK PARK Five-Building Value Add Medical Campus Anchored by Multiple Health Systems Memorial Hermann | Houston Methodist | Texas Children’s Hospital LAND AREA: 11.885 ACRES TOTAL SF: 505,106 OCCUPANCY: 78% WALT: 4.0 YEARS IN-PLACE NOI: $6,772,853 63% MEDICAL TENANCY (37% office) 26 MEDICAL SPECIALTIES 63 MEDICAL TENANTS CBRE U.S. Healthcare & Life Sciences […]
News Release: JLL boosts Boston market presence with industry leader Robert Richards
Richards joins JLL as a Senior Managing Director focused on Life Sciences industry and portfolio advisory work BOSTON, August 30, 2023 – JLL today announced Robert Richards is joining JLL as a Senior Managing Director in its New England Market. As an established leader in commercial real estate across Boston and New England, Richard’s talents […]
Feature Story: Will the ‘financing cliff’ affect HRE?
All asset classes will see distress, but healthcare probably won’t see much By John B. Mugford Nearly $72 billion in U.S. commercial real estate (CRE) was considered “distressed” as of the end of the second quarter (Q2), an increase of 15 percent versus Q1, and another $162 billion of properties were considered to be in […]
News Release: Cape Fear Valley Health announces groundbreaking, new Dunn clinics, upcoming blood drives
FAYETTEVILLE – Aug. 29, 2023 – Cape Fear Valley Health and Harnett Health broke ground on the comprehensive Cancer Center and Medical Office Building at Central Harnett Hospital on Monday, Aug. 28. Video is available of the event here. Plans call for the new facility to be constructed over the next 16 months. When […]
News Release: Rady Children’s Breaks Ground On Billion Dollar, Seven Story Patient Care Tower
500,000 Square Foot Pavilion to House Expanded Emergency Department and Intensive Care Units San Diego, Calif. – Aug. 29, 2023 — As part of its master plan to reimagine its entire campus over the next decade, Rady Children’s Hospital-San Diego broke ground today on the largest construction project in its nearly 70-year history: a seven-story, […]
