News Release: Ventas Confirms Receipt of Director Nominations from Land & Buildings
No Shareholder Action Required at This Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today issued the following statement regarding the nomination of three director candidates by Land & Buildings Investment Management, LLC to stand for election to the Company’s Board of Directors at Ventas’s 2024 Annual Meeting of Stockholders. The Ventas Board […]
News Release: Diversified Healthcare Trust Announces Quarterly Dividend on Common Shares
NEWTON, Mass.–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per share per year). This distribution will be paid to DHC’s common shareholders of record as of the close of business on January 22, 2024 and distributed on or about February […]
News Release: Lincoln Property Company Unveils New Brand & Visual Identity
Grounded in the theme of connections, the new brand highlights the company’s forward-looking vision and commitment to a solutions-oriented, personalized client experience DALLAS–(BUSINESS WIRE)—Lincoln Property Company (“Lincoln”), a global, full-service real estate firm, today unveiled the company’s new brand for its integrated, global real estate services platform. The rebrand, the first in the company’s 60-year […]
News Release: Healthpeak Properties Enters into a New $236 Million Joint Venture with Breakthrough Properties on the Callan Ridge Lab Campus in Torrey Pines
January 10, 2024 04:15 PM Eastern Standard Time DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: PEAK) (“Healthpeak”), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, today announced that it has formed a new strategic joint venture with Breakthrough Properties (“Breakthrough”) through a sale of a 65% interest in Healthpeak’s fully leased […]
News Release: Breakthrough Properties Acquires Majority Interest in Callan Ridge, A Newly-Constructed, Fully-Leased Life Science Campus in Torrey Pines
JANUARY 10, 2024 The Acquisition, Via a Strategic Joint Venture with Healthpeak Properties, Further Accelerates Breakthrough’s Growth in Premier Biotech Hubs San Diego, CA (January 10, 2024) – Breakthrough Properties (“Breakthrough”), a leading global life sciences real estate developer, today announced it has acquired a majority interest in Callan Ridge, a two-building Class A life […]
News Release: Celera Properties and True North Management Group Announce Phase One Completion and 42,000 SF of Leasing at Life Science Redevelopment in Andover, MA
CBRE Represented Ownership in Marketing and Leasing Celera Properties and True North Management Group are pleased to announce the successful completion and lease-up of the first phase of their life science redevelopment project in Andover Technology Park at 600 Federal Street in Andover, Massachusetts. This significant milestone represents a major step forward in the transformation […]
News Release: Northwestern Medicine Opens Oak Brook Outpatient Center
Immediate, primary and specialty care available OAK BROOK, Ill., Jan. 10, 2024 — Northwestern Medicine is opening a new 80,000 square-foot medical office building in Oak Brook, Illinois this January. The Northwestern Medicine Oak Brook Outpatient Center, located at 1001 Commerce Drive, houses immediate, primary and specialty care, as well as offers diagnostic imaging, physical […]
News Release: CBRE 2024 US Life Sciences Outlook: Wave of Lab-Construction Completions Will Boost Vacancy, But Drug Pipeline and Federal Funding Hint at Upside
Press Release FOR IMMEDIATE RELEASE Three markets claim three quarters of lab-construction completions in 2024: Boston, San Francisco, San Diego Dallas – Jan. 10, 2024 – The U.S. life sciences real estate market faces multiple challenges this year, though the sector’s resilience is underscored by factors including increased federal funding, a growing pipeline of approved […]
News Release: Large refinancing secured for Brookdale Senior Living
JLL Capital Markets led refinancing efforts for large portfolio on behalf of Brookdale DALLAS, Jan. 9, 2024 – JLL Capital Markets announced today that itclosed a seven-year, fixed rate loan for $179,541,000 with Fannie Mae on behalf of Brookdale Senior Living. Proceeds were used to refinance a seven-year tranche of a large credit facility that Brookdale […]
News Release: Janet Lively McCauley joins ERDMAN’s Senior Leadership Team as VP Healthcare
MADISON, WIS. – As ERDMAN continues to invest in developing leaders, we are excited to announce Janet Lively McCauley, CPSM has been promoted to Vice President of Healthcare. She joined ERDMAN in 2022, serving as Vice President, Business Development – Healthcare. In 2023, she began overseeing the firm’s marketing department, linking corporate strategy and key […]
News Release: Rendina Healthcare Real Estate Acquires Wellington Medical Arts Pavilion III
WELLINGTON, Fla., Jan. 9, 2024 /PRNewswire/ — Rendina Healthcare Real Estate (Rendina) is proud to announce its recent acquisition of the Wellington Medical Arts Pavilion III, a 48,000 square foot, four-story Class-A medical building strategically situated on the Wellington Regional Medical Center (WRMC) campus, a Universal Health Services (UHS) hospital, in Wellington, Florida. Rendina Healthcare […]
News Release: Vanbarton Healthcare Group and Tramview Capital Management Close Three-Property Portfolio in Tucson, Arizona
NEW YORK, New York (January 9, 2024) – The healthcare division of Vanbarton Group recently completed the acquisition of three medical office properties totaling 57,600 square feet located in Tucson, Arizona. The properties were all acquired through a sale-leaseback transaction with Banner Health, the largest healthcare provider and private employer in the State of Arizona. […]
News Release: The Residence at Valley Farm in Ashland, MA recapitalized
JLL Capital Markets led recapitalization efforts for LCB Senior Living, LLC Community BOSTON, Jan. 9, 2024 – JLL Capital Markets announced today that it arranged the successful recapitalization transaction of the Residence at Valley Farm, a senior living community owned by Bridge Investment Group and LCB Senior Living, LLC. JLL represented the seller, Bridge Investment […]
Feature Story: Finding development opportunities in a tough market
GlobeSt panelists say they are staying busy despite a challenging environment By John B. Mugford The current healthcare real estate (HRE) development market is a bit of an enigma. The number of medical office building (MOB) projects under construction remained somewhat steady from 2022 and into 2023. Yet the total square footage started nationwide during […]
