News Release: Kayne Anderson Real Estate Appoints Lee Asher as Senior Managing Director and Head of Medical Office Building Real Estate
BOCA RATON, Fla., Feb. 21, 2024 /PRNewswire/ — Kayne Anderson Real Estate today announced that Lee Asher has joined the firm as a Senior Managing Director and Head of Medical Office Real Estate. Mr. Asher is an industry veteran with over 15 years of experience in the healthcare real estate sector. In his new role, […]
News Release: Simone Development Companies Signs Expansion and Welcomes New Medical Tenant to Flushing, NY Property
FLUSHING, NY (February 21, 2024) – Simone Development Companies has signed a new lease and an expansion for a combined total of nearly 16,000 square feet of prime medical space at 35-30 Francis Lewis Blvd in the Flushing section of Queens, NY. The two-story, 37,421 square-foot retail and medical center now has only three remaining […]
News Release: Newmark Strengthens Life Science Division in San Diego with Key Hire John Hundley
SAN DIEGO February 21, 2024 9:00 AM Newmark[1] announces that life science veteran John Hundley has joined the firm as Executive Managing Director, bolstering life science tenant advisory in Southern California. Hundley is based in the firm’s San Diego, California office and is joined by his team member, Jon Engle. Hundley brings over 20 years […]
News Release: Medical Properties Trust, Inc. Reports Fourth Quarter and Full-Year Results
Accelerated Asset Divestiture Strategy with More Than $480 million of Liquidity Transactions February 21, 2024 08:00 AM Eastern Standard Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the fourth quarter and full-year ended December 31, 2023, as well as certain events occurring subsequent […]
News Release: Lincoln Property Company, BPGbio, and Cresa Announce 70,000-sq.-ft. Lease at 300 Third Avenue in Waltham
BPGbio will expand corporate headquarters into Waltham to accelerate growth phase February 21, 2024 07:00 AM Eastern Standard Time BOSTON–(BUSINESS WIRE)—Lincoln Property Company (“Lincoln”), Cresa Boston, and BPGbio, Inc., a leading biology-first AI-powered biopharma that focuses on oncology, neurology, and rare diseases, today announced that BPGbio has leased approx. 70,000 sq. ft. of lab and […]
News Release: Top Design-Build General Contractor Arco National Construction Establishes Life Science & Advanced Manufacturing Specialty Division
ARCO National Construction, an industry-leading design-build general contractor, proudly announces the establishment of ARCO Life Science & Advanced Manufacturing, a division of ARCO National Construction committed to delivering comprehensive, turnkey design and construction solutions tailored specifically for clients in the life science and advanced manufacturing sectors. Leveraging decades of experience and expertise in projects supporting […]
Companies & People: Q&A with Robert Milligan of UDLR Healthcare
New firm brings together several former HTA executives and GI Partners By John B. Mugford After being founded as a non-traded real estate investment trust (REIT) initially known as Grubb & Ellis Healthcare REIT in 2006, the same entity became Healthcare Trust of America (HTA) after going public in 2012. During the next decade or […]
News Release: Rome Health starts construction on New Surgical Center and ICU addition (Rome, N.Y.)
Posted at: 2/20/2024 11:00 AM Rome Health has started the site work to construct the new addition for the new Intensive Care Unit and Kaplan Center for Surgical Services. The milder weather earlier this month gave the Haynor Hoyt construction crew a window of time to excavate the site and start pouring the footings for […]
News Release: Flagship Healthcare Properties Taps Cushman & Wakefield to Lease 40,000-SF The Medical Exchange Property at eTown
For Immediate Release Class A Medical Office Development is Part of Parc Group’s Master Planned eTown Project JACKSONVILLE, Florida, February 20, 2024 – Flagship Healthcare Properties has tapped commercial real estate services firm Cushman & Wakefield to exclusively lease The Medical Exchange at eTown, a 40,000-square-foot Class A medical office building being built within Parc […]
News Release: New OhioHealth Medical Office Building Opens in Jerome Township
Jerome Township, OH, February 19, 2024 Today OhioHealth announced the opening of the OhioHealth Jerome Medical Offices to bring care close to home to families in Jerome Township and to the surrounding communities of Dublin, Marysville, and Plain City. “We are committed to improving the health of those we serve, and part of fulfilling that […]
News Release: Fluor Selected for Agilent Life Sciences Facility Expansion in Colorado
February 16, 2023 04:06 PM Eastern Standard Time IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that its Advanced Technologies & Life Sciences business was selected by Agilent Technologies, Inc., to expand its oligonucleotide therapeutics manufacturing facility in Frederick, Colorado, just north of Denver. Fluor is supporting engineering and procurement as part of the project. […]
News Release: SRS Real Estate Partners Completes $2.78 Million Sale of a Property Occupied by MD Now in West Palm Beach Suburb
Fort Lauderdale, FL (February 14, 2024) – SRS Real Estate Partners announced today it has completed the approximately $2.78 million sale of a new construction single-tenant property occupied by MD Now. The property is located at 9955 Lake Worth Road in Lake Worth, FL, a suburb of West Palm Beach. SRS Capital Markets Executive Vice […]
News Release: The Residence at Orchard Grove sells in the greater Boston MSA
JLL Capital Markets represented Blue Moon and LCB Senior Living, LLC in the recapitalization of the senior living community BOSTON, Feb. 15, 2024 – JLL Capital Markets announced today that it arranged the sale of The Residence at Orchard Grove, a senior community with independent and assisted living and memory care in Shrewsbury, Massachusetts. JLL […]
News Release: Healthcare Realty Trust Reports Results for the Fourth Quarter
NASHVILLE, Tenn., Feb. 16, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the fourth quarter ended December 31, 2023. The Company reported net income (loss) attributable to common stockholders of $(40.5) million, or $(0.11) per diluted common share, for the quarter ended December 31, 2023. Normalized FFO for the three months ended […]
News Release: LTC Reports 2023 Fourth Quarter Results and Discusses Recent Activities
— Company Substantially Reduces Leverage Earlier than Expected to Better Position it for Future Growth — WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the fourth quarter ended December 31, 2023. […]
