News Release: Medical Properties Trust Provides Update on Steward Health Care
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced plans to accelerate its efforts to recover uncollected rents and outstanding loan obligations from Steward Health Care System (“Steward”) and related processes designed to significantly reduce its exposure to Steward. As disclosed in the Company’s third quarter 2023 Form 10-Q, Steward […]
News Release: Big Sky Medical Acquires First Asset in Phoenix
DALLAS, Jan. 03, 2024 (GLOBE NEWSWIRE) — Big Sky Medical’s first foray into the vibrant Phoenix, Arizona market represents the acquisition of the Blackhawk Medical Center. This three-building medical and office campus spans over 252,000 rsf and is located in the affluent Deer Valley submarket proximate to the Honor Health Deer Valley Medical Center. Blackhawk […]
News Release: Medical Behavioral Hospital of Indianapolis trades
JLL Capital Markets represented Medistar in the sale of the 42,000-square-foot facility BOSTON, Jan. 3, 2024 – JLL Capital Markets announced today that it arranged the sale of the Medical Behavioral Hospital of Indianapolis, a 64-bed, 42,609-square-foot inpatient behavioral facility located in the fast-growing Indianapolis metro suburb of Greenwood, Indiana. JLL worked on behalf of the […]
News Release: Larken Associates Welcomes Pediatric Therapy Center to Princess Road Office Park in Lawrenceville, N.J.
49,094-square-foot property is now 100% leased Lawrenceville, N.J. (January 3, 2024) – Larken Associates, a regional leader in real estate building, development and management, announces it has negotiated a lease with Sovereign Care Services for a 5,384-square-foot medical office space, bringing Princess Road Office Park located at 4 Princess Road in Lawrenceville, N.J. to full […]
News Release: UCLA acquires L.A.’s former Westside Pavilion to transform empty mall into the UCLA Research Park
UNIVERSITY NEWS With the acquisition, UCLA will create an engine of innovation, discovery and economic growth for Southern California and beyond. UCLA Newsroom | January 3, 2024 Key takeaways The UCLA Research Park will occupy the former mall site, a 700,000-square-foot property 2 miles from the Westwood campus. The research park will house the California […]
News Release: 2023 HREI Insights Awards Finalists announced
FOR IMMEDIATE RELEASE 11th annual awards recognize excellence in HRE development and executive leadership MINNEAPOLIS, Jan. 3, 2023 – HREI is pleased to announce the finalists of the 2023 HREI Insights Awards, the first and only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership. The […]
News Release: Ci Celebrates 14 Years of Architectural Excellence, Looks Back at 2023 Successes
BALTIMORE–(BUSINESS WIRE)–Join us in celebrating 14 years in business at Ci, an award-winning architecture firm that grew from two offices in Baltimore and Boston to a thriving company with five office locations and over 100 employees across multiple disciplines. “We are thrilled to be part of shaping the way people live, work and play across […]
News Release: USA Health marks opening of West Mobile (Ala.) Medical Office Building
GENERAL NEWS New medical office building expands services offered to patients at USA Health West Mobile campus. Published Jan 2nd, 2024 By Michelle Ryan mryan@health.southalabama.edu USA Health celebrated the official opening of the Medical Office Building on its West Mobile Campus on Dec. 19, 2023. The campus also is the site of a freestanding emergency […]
News Release: Senior housing portfolio in Minneapolis-St. Paul financed
JLL Capital Markets arranged the acquisition financing of three properties, totaling 321 units BOSTON, Jan. 2, 2024 – JLL Capital Markets announced today that it arranged the acquisition financing of three independent, assisted living and memory care communities in the greater Minneapolis-St. Paul MSA. JLL represented the borrower, an affiliate of The Inland Real Estate […]
Feature Story: An economic ‘soft landing?’ Unprecedented, but possible.
Economist John Chang shared his views during GlobeSt. Healthcare conference By John B. Mugford Fans of the comedy classic “Airplane” probably got a kick out of a line from the movie that economist John Chang referred to during his keynote address at the ALM/GlobeSt. Healthcare conference in Scottsdale, Ariz., in mid-December. In describing what the […]
News Release: Newmark Secures $62 Million Sale of ODCE Core Fund’s Medical Outpatient Building Portfolio
FOR IMMEDIATE RELEASE Trading the Seattle, Washington and Charlotte, North Carolina-located assets to an institutional joint venture. New York, NY (January 2, 2024) — Newmark announces it has completed the $62 million sale of Novant & MultiCare On-Campus Collection, a portfolio of three medical outpatient buildings located in Charlotte, North Carolina and Seattle, Washington. Comprising […]
