News Release: ERDMAN Welcomes Accomplished Healthcare Strategist Jim Medendorp
Madison, WI – ERDMAN, a leader in healthcare strategy, design, construction, and development, is delighted to announce Jim Medendorp has joined the firm as Managing Director of Advisory Services and a member of the Senior Leadership Team. Mr. Medendorp brings a wealth of experience and leadership to ERDMAN. Notable for his ability to drive growth, […]
News Release: Financing secured for Elk River Senior Living in Minnesota
JLL Capital Market arranged financing for the 108-unit seniors community MINNEAPOLIS, Feb. 29, 2024 – JLL Capital Markets has successfully secured financing for Elk River Senior Living, a community offering independent living, assisted living and memory care services in Elk River, Minnesota. The refinancing, facilitated through the HUD/FHA 232/223(f) program, amounts to $18,700,300 or $173,151/unit. […]
News Release: Newly Completed Silver Cross Medical Pavilion, Developed by Remedy Medical Properties and Kayne Anderson Real Estate, Wins Prestigious Award
The 41,000-square-foot medical office building will bring first-class services to the southwestern suburbs of Chicago CHICAGO, February 29, 2024 – Chicago-based healthcare real estate developer Remedy Medical Properties and its partner Kayne Anderson Real Estate today announced the completion of the new Silver Cross Orland Park Medical Pavilion for two leading Illinois-based healthcare providers, Silver […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of Brownsburg Inpatient Rehabilitation Facility for $39.0 Million
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of an inpatient rehabilitation facility located in Brownsburg, Indiana (the “Brownsburg Healthcare Facility”), for $39.0 million. The Company acquired the property from Capital […]
News Release: North River Leerink’s Successful 100 Chestnut Street Development Continues Somerville’s Growth as a Leading Life Science and Innovation Hub
ADA Forsyth Institute’s recent lease agreement for 76,000 sq. ft. at 100 Chestnut puts the North River Leerink LEED Platinum Life Science building at 90% occupancy. February 29, 2024 07:30 AM Eastern Standard Time SOMERVILLE, Mass.–(BUSINESS WIRE)–North River Leerink (NRL) proudly announces a milestone achievement in its recent real estate development venture, playing a pivotal […]
News Release: 2023 HREI Insights Awards Winners announced
FOR IMMEDIATE RELEASE Healthcare Real Estate Insights™ presents awards to the 2023 winners of the only comprehensive national program recognizing excellence in healthcare real estate PASADENA, Calif., Feb. 28, 2024 – Healthcare Real Estate Insights™ magazine has announced the Winners of the 2023 HREI Insights Awards™, the only national awards dedicated to recognizing excellence in […]
News Release: Hammes completes Silicon Valley Surgery Center in Campbell, California
MILWAUKEE, WI – February 27, 2024 – Hammes, a nationally recognized leader in healthcare development, completed the development of a new ambulatory surgery center located at 2605 South Winchester Boulevard in Campbell, California. Silicon Valley Surgery Center is a joint venture between Surgery Ventures, powered by HCA Healthcare, and more than 50 multi-specialty physicians. The […]
News Release: Global Medical REIT Announces Fourth Quarter and Year-End 2023 Financial Results
Net Proceeds From 2023 Dispositions Used to Reduce Leverage and Position Company for Growth February 27, 2024 04:05 PM Eastern Standard Time BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and […]
News Release: Sabra Reports Fourth Quarter 2023 Results; Introduces 2024 Guidanc
February 27, 2024 04:05 PM Eastern Standard Time TUSTIN, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the fourth quarter of 2023. FOURTH QUARTER 2023 RESULTS AND RECENT EVENTS Results per diluted common share for the fourth quarter of 2023 were as follows: […]
Feature Story: HRE lenders are optimistic
InterFace capital markets panelists discuss the state of lending in the space By John B. Mugford As Richard “Rich” Kelley noted, “No topic has been more discussed in commercial real estate over the past 12 months or longer than the capital markets, with much of the discussion centered on interest rates and the lack of […]
News Release: HGA Selected to Design a New Pediatric Heart Institute at UPMC Children’s Hospital of Pittsburgh
Acclaimed national interdisciplinary design firm HGA is pleased to announce that construction will begin on the new Heart Institute at UPMC Children’s Hospital of Pittsburgh. The new Heart Institute will offer state-of-the-art imaging technology and seamless care for cardiac patients, improving and saving more children’s lives. In collaboration with the UPMC construction team, HGA developed […]
News Release: Montecito Medical acquires women’s health medical office building in Richmond area
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 35,000-square-foot medical building in Richmond, Virginia. The two-story building is 100% occupied under a long-term lease by Virginia Women’s Center, a market-leading women’s health services provider.“We are thrilled to build on our relationship with this highly respected practice group and to add […]
News Release: Diversified Healthcare Trust Announces Fourth Quarter 2023 Results
NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended December 31, 2023, which can be found at the Quarterly Reports section of DHC’s website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. A conference call to discuss DHC’s fourth quarter 2023 financial results will be held on Tuesday, February 27, 2024 at 10:00 a.m. […]
News Release: Healthpeak Properties, Inc. and Healthpeak OP, LLC Complete Consent Solicitation and Offers to Guarantee and Receive Required Consents to Amend Physicians Realty L.P. Indentures
DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: PEAK) (“Healthpeak”) today announced that, in connection with its and Healthpeak OP, LLC’s (“Healthpeak OP”) previously announced consent solicitation and offers to guarantee for Physicians Realty L.P. (a consolidated subsidiary of Physicians Realty Trust (NYSE: DOC) (“Physicians Realty Trust” or “DOC”)) senior notes related to Healthpeak’s agreement to merge with […]
News Release: American Healthcare REIT Adds Former Green Street Analyst to Lead Investor Relations
NEWS PROVIDED BY American Healthcare REIT, Inc. 26 Feb, 2024, 16:05 ET Alan Peterson III joins company as vice president of investor relations and finance IRVINE, Calif., Feb. 26, 2024 /PRNewswire/ — American Healthcare REIT, Inc. (NYSE: AHR), announced today that Alan Peterson III has joined the company as vice president of investor relations and finance. […]