Feature Story: Systems still approving projects, but with more scrutiny
Executives at InterFace discuss the challenges of preserving capital while still growing By John B. Mugford The moderator of a recent panel session exploring the outlook for hospitals and health systems, including their plans for their real estate, cut right to chase. The first question that Gordon Soderlund, executive VP of strategic relationships with Charlotte-based […]
News Release: Northside breaks ground on Buford complex
Construction is underway on a major new medical facility in one of the busiest areas of Gwinnett County. Officials from Northside Hospital Gwinnett, Physicians Realty Trust and Realty Trust Group broke ground Wednesday, June 28, on Northside Medical Buford. The 100,000-square-foot facility is at 2800 Buford Drive, Lawrenceville, across from The Exchange at Gwinnett and adjacent […]
News Release: Montecito Medical Acquires Pediatric Medical Building in Raleigh, NC
Nashville, Tenn., July 5, 2023 — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 15,153-square-foot medical office building in Raleigh, North Carolina. The property is 100% occupied by Raleigh Pediatric Associates. “We are delighted to acquire this prime medical office asset and to enter into a long-term relationship with […]
News Release: CareTrust REIT Closes $45 Million of Investments in Skilled Nursing and Seniors Housing Facilities
SAN CLEMENTE, Calif., July 5, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it recently closed two separate transactions on the West Coast with an aggregate initial investment amount of approximately $45.2 million. The investments include the acquisition of a skilled nursing facility as well as the funding of a mortgage loan secured by a […]
News Release: Big Sky Medical Welcomes New Manager Of Acquisitions To Their Team
FOR IMMEDIATE RELEASE DALLAS, June 30, 2023 — Big Sky Medical, a leading private real estate investment firm specializing in healthcare properties, is pleased to announce the addition of Tyler Rhoades as their new Manager of Acquisitions. With an extensive background in real estate investment and a proven track record in strategic acquisitions, Tyler brings […]
News Release: Vitalis Acquires 20,000 SF US Radiology facility in Philadelphia Suburb
Vitalis acquired Larchmont Medical Center in Mt Laurel, NJ on June 26, 2023. The building sold for $232 PSF and is anchored by Larchmont Imaging (US Radiology). For over 50 years, Larchmont Imaging has been a trusted provider of imaging services, with six locations strategically located throughout southern New Jersey. In 2022, US Radiology Specialists […]
News Release: Hoyt Science Center addition gains LEED certification
The three-story laboratory addition to Westminster College’s Hoyt Science Center has been awarded Leadership in Energy and Environmental Design (LEED) v4 certification from the U.S. Green Building Council (USGBC), marking the College’s commitment to environmental sustainability. The 27-000-square-foot wing, completed in 2021, is Westminster College’s first LEED-certified building. The LEED rating system was developed by […]
News Release: Sendero Capital and Angelo Gordon launch programmatic joint venture for outpatient healthcare real estate acquisitions
JLL Capital Markets arranged the programmatic joint venture between Sendero Capital and Angelo Gordon, which has the ability to acquire up to $300 million in assets over the next two years. BOSTON, Jun. 29, 2023 – JLL CapitalMarkets announced today that it arranged a programmatic joint venture between Sendero Capital and Angelo Gordon, which will […]
News Release: Sendero Capital and Angelo Gordon launch programmatic joint venture for outpatient healthcare real estate acquisitions
JLL Capital Markets arranged the programmatic joint venture between Sendero Capital and Angelo Gordon, which has the ability to acquire up to $300 million in assets over the next two years. BOSTON, June 29, 2023 – JLL Capital Markets announced today that it arranged a programmatic joint venture between Sendero Capital and Angelo Gordon, which […]
News Release: Diversified Healthcare Trust Announces Event of Default Under $450 Million Credit Facility for Insufficient Collateral Value
Appraised Value of Collateral Properties Declined by 22% Working with Lenders to Obtain Waiver Through September 30th Merger with OPI is Best Alternative Available to DHC NEWTON, Mass., June 29, 2023–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today announced that a non-monetary event of default has occurred under its $450 million credit facility. The facility requires […]
News Release: Diversified Healthcare Trust Announces Event of Default Under $450 Million Credit Facility for Insufficient Collateral Value
Appraised Value of Collateral Properties Declined by 22% Working with Lenders to Obtain Waiver Through September 30th Merger with OPI is Best Alternative Available to DHC NEWTON, Mass., June 29, 2023–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today announced that a non-monetary event of default has occurred under its $450 million credit facility. The facility requires […]
News Release: Alexandria Real Estate Equities, Inc. Announces Closing of Its Amended Line of Credit for Additional Commitments of $1 Billion
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 29 Jun, 2023, 08:30 ET Alexandria’s banking syndicate continues to support the company’s world-class brand, differentiated business model and Labspace® market dominance Increase in commitments available under its unsecured senior line of credit to $5.0 billion further bolsters Alexandria’s already impressive liquidity PASADENA, Calif., June 29, 2023 […]
News Release: Remedy Medical Properties and Medical Facilities Holdings complete Physician Surgical Network MOB/ ASC near San Antonio
PSN has moved into the new 59,741-square-foot medical office building and ambulatory surgery center in Westover Hills, Texas and begun performing surgeries WESTOVER HILLS, Texas, and CHICAGO, June 28, 2023 – Chicago-based Remedy Medical Properties and its development partner San Antonio-based Medical Facilities Holdings (MFH) announced that they have completed a new 59,741-square-foot medical office […]
News Release: Ryan Companies to Develop Medical Office Building in Scottsdale
Building is 80% preleased with City of Hope Phoenix and Exalt Health as anchor tenants SCOTTSDALE, Ariz. (June 28, 2023) – Construction of a Class A, multi-tenant medical office building is underway at One Scottsdale. Ryan Companies US, Inc. is developing, designing, and building One Scottsdale Medical, which will be located near the Loop 101 […]
News Release: Alexandria Real Estate Equities, Inc.’s Pioneering, Foundational and Highly Amenitized Over 2 Million RSF Mega Campus in Greater Boston’s Fenway Solidifies Its Dominance in the New Collaborative Life Science Submarket
421 Park Drive (pictured above left) at the Alexandria Center® for Life Science – Fenway mega campus. Courtesy of Alexandria Real Estate Equities, Inc. (PRNewsfoto/Alexandria Real Estate Equities, Inc.) NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 28 Jun, 2023, 08:30 ET Alexandria announces sale to Boston Children’s Hospital of property that will constitute 268,000 […]
