News Release: Kennedy Wilson Acquires First Tranche of $5.7 Billion Loan Portfolio From Pacific Western Bank
Off-market transaction will expand Kennedy Wilson’s national footprint and debt investment platform by initially adding over $2 billion to fee-bearing capital BEVERLY HILLS, Calif.–(BUSINESS WIRE)– Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson (NYSE: KW) has closed on the initial tranche of […]
News Release: Bristol Myers Squibb Receives U.S. FDA Approval of New State-of-the-Art Cell Therapy Manufacturing Facility in Devens, Massachusetts
The company’s third commercial CAR T manufacturing facility in the U.S. further extends Bristol Myers Squibb’s leadership in cell therapy June 08, 2023 04:16 PM Eastern Daylight Time PRINCETON, N.J.–(BUSINESS WIRE)–Bristol Myers Squibb (NYSE: BMY) today announced that the U.S. Food and Drug Administration (FDA) has approved commercial production at the company’s newest cell therapy […]
News Release: PMB and Sutter Health announce groundbreaking for 100,000 square-foot medical office building in Roseville, Calif.
This new four-story, 100,000 sq.-ft. medical office building broke ground and is expected to open in summer 2024 ROSEVILLE, Calif., June 7, 2023 /PRNewswire/ — PMB, a leading healthcare real estate developer, in partnership with Sutter Health, has broken ground on a 4-story, 100,000 square-foot medical office building in Roseville, CA. PMB and Sutter Health […]
Feature Story: HR soars on list of largest owners of medical real estate
But Kaiser Permanente is still No. 1 by far, according to Revista’s latest top 50 report By John B. Mugford It should come as no surprise that the entity that grew its medical real estate portfolio the most in 2022 was Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR), a publicly traded real estate investment […]
News Release: CBRE Analysis: Persistent Expansion in the Number of US Life Science Researchers Highlights Resiliency of US Life Sciences Job Market
Press Release FOR IMMEDIATE RELEASE CBRE’s second annual analysis of US life sciences research talent finds the number of researchers has not declined in more than 20 years, through three recessions Boston/Cambridge remains the top market for life sciences research talent, with Philadelphia and Miami/Fort Lauderdale among the metros that improved the most over the […]
News Release: CareTrust REIT Issues New Investor Presentation for NAREIT’s REITweek 2023 Conference
June 06, 2023 09:06 AM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has released a new investor presentation and business update in conjunction with NAREIT’s REITweek 2023 Investor Conference. The new presentation can be accessed under the “Events and Presentations” tab on the Investors page of CareTrust’s website, […]
News Release: Medical Properties Trust Posts New Investor Presentation
June 06, 2023 08:05 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that a new investor presentation has been posted to its website in connection with the Company’s participation in Nareit’s REITweek Investor Conference. The presentation provides a detailed overview of MPT’s enduring value proposition, […]
News Release: LTC Closes $61.5 Million in New Investments; Transitions Eight-Property Portfolio
June 05, 2023 05:00 PM Eastern Daylight Time WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”) a real estate investment trust that primarily invests in seniors housing and health care properties, today announced it has invested a total of $61.5 million in two transactions, and completed the previously disclosed transition of […]
News Release: Mayo Clinic Board of Trustees approves enabling projects for Bold. Forward. Unbound. in Rochester
June 5, 2023 ROCHESTER, Minn. — Bold. Forward. Unbound. in Rochester is a multiyear strategic initiative to help achieve the Mayo Clinic’s strategy to Cure, Connect and Transform health care. The project reinforces Mayo Clinic’s commitment to the City of Rochester and State of Minnesota. The initiative focuses on reimagining Mayo Clinic’s downtown Rochester campus, […]
News Release: Fairfield Advisors announces sale of Renewal Medical Office Building in Denver, CO.
– $13,150,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Renewal Medical Office Building in the Denver metro-area. The building totals 36,500 square feet and is located at 9777 S. Yosemite Street in Lone Tree, CO. The multi-tenant building is […]
News Release: H2C Secures Operators for Two Behavioral Health Hospitals
NEW YORK, June 2, 2023 – H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory firm, served as the exclusive advisor to FJM Health and Senior Services (“FJM”), to secure alternative operators for two recently-developed inpatient psychiatric hospitals located in Prescott, AZ and Kennewick, WA. Executive Director Matthew Tarpley and Vice President Michael Fioravanti led the […]
News Release: Just Closed –100% Leased to Duke Health with 10+ Years of Term in the Heart of Durham’s Research Triangle
Capital Markets | Healthcare & Life Sciences Just Closed 100% Leased to Duke Health with 10+ Years of Term in the Heart of Durham’s Research Triangle CBRE Transaction Highlights Date Closed: 5/25/2023 Size: 60,192 SF Occupancy: 100% Duke Medical Plaza | Durham, NC CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of Duke Medical […]
Life Sciences: Supply is outpacing demand, with more in the pipeline
RevistaLab data shows falling occupancies, fewer transactions in Q1 2023 By Murray W. Wolf and John B. Mugford Life sciences real estate (LSRE) construction completions are outpacing space absorption, which is driving down occupancy rates. Meanwhile, the pace of sales transactions has slowed considerably during the past two quarters. That’s not news to anyone familiar […]
News Release: Catalyst and National Celebrate the Grand Opening of a PAM Health Inpatient Rehabilitation Hospital
PENSACOLA, FL, June 2, 2023 – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, andNational Real Estate Advisors, LLC (National), an investment manager developing and managing large-scale real estate projects on behalf of its clients, celebrate the grand opening of the state-of-the-art PAM Health Rehabilitation Hospital of Miamisburg. This two-story inpatient […]
News Release: CareTrust REIT Adds New Operator in West Coast Portfolio Acquisition
SAN CLEMENTE, Calif., June 2, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has worked together with a regional investor in healthcare real estate to facilitate the acquisition of a multi-facility portfolio of skilled nursing facilities located on the West Coast. As part of the transaction, CareTrust acquired three skilled nursing facilities on June […]
