News Release: Rethink Healthcare Real Estate secures $37.0 Million to refinance Grandview Physicians Plaza I
Rethink selects First Citizens Bank to refinance the property located on the campus of Grandview Medical Center BIRMINGHAM, AL., and WHITE PLAINS, NY., January 17, 2024 – Rethink Healthcare Real Estate, the White Plains and New York City based investment management firm, secured a $37.0 million loan from First Citizens Bank to refinance Grandview Physicians […]
News Release: Davis Healthcare Real Estate Makes Year End Acquisition in Suburban Baton Rouge, Louisiana;
PRESS RELEASE Zachary Outpatient Medical Facility Creates Opportunity to Enter New Market, Build Scale MINNEAPOLIS (January 16, 2024)—Davis Healthcare Real Estate completed the year-end acquisition of Zachary OMF I, a 24,465-square-foot outpatient medical facility in Zachary, LA, approximately 20 minutes north of Baton Rouge. It represents the firm’s first acquisition in Louisiana. Davis Medical Investors, […]
News Release: Davis Healthcare Real Estate Enters San Antonio Market and, Immediately Adds Scale with Acquisition of 73,390 SF, University of Texas Occupied Outpatient Medical Facility
PRESS RELEASE MINNEAPOLIS (January 16, 2024)–Davis Healthcare Real Estate has completed the acquisition of the two-story, UT (University of Texas) Health & Wellness Center in San Antonio, TX which allows the real estate investment firm to expand its holdings in a dynamic, growth-oriented market. The building was acquired by Davis Medical Investors, LLC (DMI, LLC), […]
News Release: Ramsey County Board Approves Purchase and Sale Agreement with Ryan Companies for 40-acre parcel at Rice Creek Commons
Arden Hills, Minn. (Jan. 16, 2024) – The Ramsey County Board of Commissioners voted unanimously to approve a $12.7 million purchase and sale agreement with Ryan Companies US, Inc. for “Outlot A,” a 40-acre parcel adjacent to Rice Creek Commons in Arden Hills, formerly the Twin Cities Army Ammunition Plant (TCAAP). Outlot A is zoned […]
Feature Story: A modest move toward monetizations
Some providers are becoming a bit more receptive, GlobeSt conference panelists say By Murray W. Wolf Healthcare real estate (HRE) professionals have been exhorting hospital and health system executives to monetize non-core real estate assets for at least as long as Healthcare Real Estate Insights (HREI) has been published – 21-plus years – and probably […]
News Release: AEI Capital Acquires Florida Healthcare Properties for $18.75 Million for Next DST Offering
The properties are occupied by an affiliate of Orlando Health, located in Zephyrhills, Florida NEWS PROVIDED BY AEI CAPITAL CORPORATION Jan 17, 2024 Saint Paul, MN. January 2, 2024 — AEI Capital Corporation completed the acquisition of two healthcare properties located in Zephyrhills, Florida. Zephyrhills is a northeastern suburb of Tampa Bay and is considered […]
News Release: Foundation Capital Ventures Merges with Trinity Capital’s Life Science Platform to Launch Foundation, a National Life Science Platform
Jan. 16, 2024 –– Trinity Capital Advisors is pleased to announce its partnership with Foundation Capital Ventures to establish Foundation, a new Trinity Capital portfolio company focused on delivering market-leading real estate solutions that support the growth of the life science, technology, and innovation sectors across the United States. Denis Sullivan and Scott Altick will join […]
News Release: On-campus medical property sells for $13.5M
JLL Capital Markets facilitates the sale and the $10.1M acquisition financing of Thunderbird Medical Pavilion PHOENIX, Jan. 17, 2024 – JLL Capital Markets announced today that it arranged the $13.5 million sale and the $10.1 million acquisition financing for a mission-critical, on-campus medical property, Thunderbird Medical Pavilion, totalling 92,811 square feet. The property is located […]
News Release: NexPoint Launches Life Sciences III DST Offering for CDMO Manufacturing Property in Minnesota
DALLAS, Jan. 16, 2024 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment firm1, announced the launch of NexPoint Life Sciences III DST, a Delaware Statutory Trust (the “DST”), which acquired a life sciences industrial manufacturing property in Woodbury, Minnesota (the “Property”)2. The DST seeks to raise approximately $31 millionthrough the offering. The investment reinforces NexPoint’s commitment to life […]
News Release: David Werner Real Estate Investments Secures Long-term Lease Extension with Dow at Collegeville, Pennsylvania Life Sciences Campus
Long-Term Commitment Coincides with Planned Repositioning into World Class Life Sciences Facility NEW YORK and MORRISTOWN, N.J., Jan. 16, 2024 /PRNewswire/ — David Werner Real Estate Investments (DWREI) today announced the signing of a long-term lease extension with Dow, a global materials science company, at its life sciences and office campus in Collegeville, Pa. Dow, […]
News Release: Prevarian Companies and Voyages Start Construction on the First New Behavioral Health Hospital in Dallas in 40 Years
The Prevarian Companies, a Dallas-based healthcare real estate developer, has started construction on a state-of-the-art 72-bed hospital with Voyages Behavioral Health, an affiliate of national healthcare provider PAM Health. Addressing a lack of services in the market area, Voyages Behavioral Health of Dallas will improve access to inpatient acute psychiatric services for adolescents, adults, and […]
News Release: Hudson Pacific and Macerich Complete $700 Million Sale of One Westside and Westside Two
January 03, 2024 02:46 PM Eastern Standard Time LOS ANGELES–(BUSINESS WIRE)–Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, and Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of major retail and mixed-use properties in top markets, today announced the sale […]
Life Sciences: NYC developer proposes world’s tallest lab tower
The 37-story, 650,000 s.f. ‘vertical campus’ would be built near Hudson Yards By Murray W. Wolf NEW YORK – On Nov. 2, the architecture firm SGA posted to its social media accounts a concept for a 37-story, 650,000 square foot lab building to be developed on the west side of Manhattan. The eye-popping posts stated, […]
News Release: Elevate Research Properties Leases Last Available Lab Suite at The Hudson Research Center
The Icahn School of Medicine at Mount Sinai has signed a 10,000 square foot lease at the 320,000-square foot research facility on Manhattan’s West Side NEW YORK – January 8, 2024 – Elevate Research Properties, the life sciences subsidiary of Taconic Partners, and Silverstein Properties have signed a long term lease with the Icahn School of […]
News Release: SmartLabs Announces Biopharma Veteran Brian Taylor as New Interim CEO
Taylor to oversee the development and provision of scientific service offerings for SmartLabs’ partners engaged in programs of various sizes and scales, from early discovery to commercial manufacturing. January 11, 2024 SmartLabs, Inc., the leading provider of modular laboratory infrastructure and resourcing solutions, today announced that Brian Taylor has been appointed interim Chief Executive Officer effective January […]
