News Release: First Citizens Provides $30 Million in Financing for Amavida Living Community in Florida
NEW YORK — May 17, 2023 — First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, provided $30 million to refinance the Amavida Living Community in Fort Myers, Florida. Amavida is a 387-unit senior housing community consisting of 251 independent-living units, 113 assisted-living units and 23 memory care units. The […]
News Release: MedProperties Realty Advisors acquires a 51,591-square-foot kidney care center in Utah
FOR IMMEDIATE RELEASE The Class A Wasatch Renal Center in South Salt Lake houses practices affiliated with Fresenius Medical Care, a worldwide leader in the research and treatment of kidney disease SOUTH SALT LAKE, Utah, and DALLAS, May 17, 2023 – MedProperties Realty Advisors has acquired the 51,591-square-foot, Class A Wasatch Renal Center In the […]
News Release: NexPoint Expands Life Sciences Real Estate Footprint with Acquisition of Two Properties from Adare Pharma Solutions
Properties were indirectly acquired by NexPoint Life Sciences II DST, a Delaware statutory trust seeking to raise $42 million in equity from accredited investors via a private placement offering DALLAS, May 17, 2023 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment platform, today announced the acquisition of two life sciences industrial properties located in Philadelphia, Pennsylvania, from Frontida Biopharm, LLC, a company in the […]
News Release: State of the Art Outpatient Optical Center for Diabetics Slated for September Groundbreaking in Philadelphia, PA
PHILADELPHIA–(BUSINESS WIRE)–Pediatric and adult diabetic patients in Philadelphia can look forward to accessing specialized optical care this year thanks to the efforts of a collaboration between four optical industry chief executive officers. Tioga Diabetic Optical Laboratories, a cutting-edge black-owned commercial ophthalmic facility based in Philadelphia, PA has formed a strategic partnership with Satisloh North America, […]
News Release: Cypress West Partners Acquires 30,000-Square-Foot Medical Office Building in Mesa, AZ for Major Repositioning and New Lease
For Immediate Release: Mesa, AZ (May 16, 2023) – Cypress West Partners has completed the acquisition of a 30,000- square-foot single-story medical office building located at 6309 East Baywood in Mesa, Arizona. The firm acquired the 100% vacant building from a group of local physicians who originally developed the building in 2002 and have operated […]
Feature Story: HRE CEOs have plenty to be concerned about
But good fundamentals and innovation will bolster the sector, BOMA panelists say By John B. Mugford From bank failures and uncertain capital markets to “broken” regulatory policies and healthcare employee burnout, today’s healthcare real estate (HRE) CEOs face many thorny issues. But they also remain confident about the long-term prospects of their business. That was […]
News Release: Catalyst Celebrates the Completion of Second Inpatient Rehabilitation Hospital for PAM Health
May 16, 2023 PENSACOLA, FL – Catalyst Healthcare Real Estate (“Catalyst”), a full-service healthcare real estate investment firm, and Bain Capital Real Estate (“Bain Capital”), the real estate investing business of Bain Capital, are excited to announce the completion of PAM Health Rehabilitation Hospital of Tavares. Together, Catalyst and PAM Health have completed the construction […]
News Release: TCC Signs Another Life Sciences Tenant At Fulton Labs In Chicago
PRESS RELEASE Charles River Laboratories Leased 8,800 Square Feet at 1375 West Fulton Chicago – May 15, 2023 – Trammell Crow Company (TCC), a global commercial real estate developer, signed a lease with Charles River Laboratories’ (CRL), at its Fulton Labs campus in Chicago. The company will occupy 8,776 square feet of space on the […]
News Release: CBRE Announces $29 Million Sale of 68,845-SF Medical Office Building in Long Beach, California
Los Angeles – May 15, 2023 – CBRE has announced the sale of Atlantic Medical Center, a 68,845-sq.-ft, purpose-built medical office building in Long Beach, to a private buyer for $29 million. CBRE’s Michael Longo, Mark Shaffer, Todd Tydlaska , Sean Sullivan, Anthony Delorenzo represented the seller, LA-based Jamison Properties, in the transaction. Located at […]
News Release: Montecito Medical Acquires New Medical Office Building in Dallas-Fort Worth Area
Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a medical office property in the Dallas-Fort Worth Metroplex. The new, 12,144 square-foot building, tenanted by Willow Park Endoscopy Center and Clinic, is located in Willow Park, a growing community on the west side of Fort Worth. “We are delighted […]
News Release: Walker & Dunlop Seniors Housing Team Closes Over $280 Million in Q1 2023
May 15, 2023 06:30 AM Eastern Daylight Time BETHESDA, Md.–(BUSINESS WIRE)–Walker & Dunlop Inc.’s seniors housing team, led by Mark Myers, Joshua Jandris, Brett Gardner, Tony Cassie, and Gideon Orion, started 2023 strong, closing six deals totaling over $280 million. Despite the challenging market environment, the seniors housing team has maintained its performance, demonstrating its capacity to use transactional experience […]
News Release: Meet Our Newest Member of HREA – Anthony Naticchioni
HREA | Healthcare Real Estate Advisors is pleased to announce that Anthony Naticchioni has joined the firm as Director of Healthcare Real Estate Investment Sales. Located in Orange County, California. Anthony serves HREA’s clients by advising and executing financial and real estate strategies that address both the operational aspects of the practice or surgery center […]
News Release: Verséa Health, Inc. expansion to a larger facility in Tampa (FL)
May 8, 2023 by Natasha Svast We are pleased to announce our expansion to a larger facility and our plan to add 40 new jobs over the next 2-3 years. The new facility that we leased in downtown Tampa at 401 S. Florida Avenue has more than 14,000 square feet. It provides enough space for […]
Life Sciences: Ventas sees encouraging Q1 same-store growth for LSRE
Occupancy and NOI fell, but there’s more to the data than meets the eye, REIT officials say By Murray W. Wolf CHICAGO – During the past two weeks, BREI has taken a look at the first quarter (Q1) 2023 earnings reports from five of the top 10 owners of life sciences real estate (LSRE). In […]
News Release: Anchor Health Properties Executes on Significant Atlanta Area Off Market Transaction of a 40,000 Square Foot MOB & Announces Phase II 40,000 Square Foot MOB Development
FOR IMMEDIATE RELEASE May 10, 2023 (Atlanta, GA) Among the largest, non-health system owners of medical office buildings in the Atlanta MSA, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, continues its growth across the market with the recent closing of an […]
