News Release: First Citizens Bank Provides $37 Million to Refinance Birmingham, AL On Campus Medical Office Building
JACKSONVILLE, FL — Feb. 7, 2024 — First Citizens Bank today announced that its Healthcare Finance business provided $37 million to Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza I, a medical office building located in Birmingham, Alabama. The medical office building spans over 200,000 rentable square feet and is located on the Grandview […]
News Release: Children’s Health and UT Southwestern Announce Plans for Transformative New Pediatric Campus in Dallas’ Southwestern Medical District
New multitower hospital to replace Children’s Medical Center Dallas to meet surging demand for pediatric care, research, and training DALLAS – Feb. 07, 2024 – Children’s HealthSM and UT Southwestern Medical Center unveiled plans for a new $5 billion pediatric health campus in Dallas’ Southwestern Medical District today. Spanning more than 33 acres, the new […]
News Release: Stockdale Capital Partners Acquires Banner Health properties in Phoenix Southeast Valley
Outpatient clinics in Mesa, Queen Creek, and Gilbert have opportunities for expansion to meet rising demand for outpatient healthcare LOS ANGELES – February 7, 2024 –Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced it acquired three Banner Health properties in the Phoenix metro area. The three medical office buildings, located […]
News Release: American Healthcare REIT Announces Pricing of Public Offering
IRVINE, Calif., Feb. 6, 2024 /PRNewswire/ — American Healthcare REIT, Inc., (the “Company”), a self-managed real estate investment trust (“REIT”) that acquires, owns and operates a diversified portfolio of clinical healthcare real estate properties, focusing primarily on medical office buildings, senior housing, skilled nursing facilities, hospitals and other healthcare-related facilities, announced today the pricing of […]
Feature Story: Where are America’s HRE hotspots?
Some you might expect, others you might not, RevistaMed data shows By John B. Mugford On Jan. 24, HREI reported on the latest national healthcare real estate (HRE) statistics as compiled and presented by Arnold-based Revista during a webcast for its subscribers to recap the fourth quarter (Q4) and all of 2023. The headline grabber […]
News Release: Medical building portfolio trades for $86M
JLL Capital Markets facilitates the sale of four medical properties in high-growth markets BOSTON, Feb. 5, 2024 – JLL Capital Markets announced today that it arranged the $86 million sale of a collection of four mission-critical medical properties totalling over 181,000 square feet located in Phoenix, Arizona, Southern Florida and Chicago, Illinois area. JLL worked […]
News Release: First Citizens Bank Provides $22.5 Million for Orlando Ambulatory Surgery Center
06 Feb, 2024, 09:00 ET RALEIGH, N.C. — Feb. 6, 2024 — First Citizens Bank today announced that it has provided $22.5 million in financing for the development of a new outpatient surgery center in Orlando, Florida. The center will have six operating rooms and 23 beds and will provide outpatient surgical services in bariatrics, […]
News Release: Announcement – $15,800,000 Capital for Medical Office Development / Fairfield Advisors
(Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, sourced $15,800,000 of capital for the development of a new Medical Office Building and Surgery Center in Hendersonville, NC. which is in the Asheville-area. When completed, the building will be have 3 floors and total 60,000 square feet. A […]
News Release: Kraus-Anderson acquires Phoenix construction company, Sonoran Crest
Strategic southwest U.S. expansion enhances growing footprint MINNEAPOLIS, Minn. (February 5, 2024) – Kraus-Anderson Construction Company (KA) today announced it has acquired Phoenix-based Sonoran Crest Construction, a 20-year-old firm with an established brand and healthcare presence in the southwest U.S. This is the first acquisition of another company in KA Construction’s 126-year history. The terms […]
News Release: CareTrust REIT Provides $52 Million in Mezzanine Financings
February 05, 2024 06:01 AM Eastern Standard Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has participated in the origination of over $52 million in mezzanine loans secured by three portfolios of 26 properties comprised of 3,050 skilled nursing beds and 186 assisted living units located in Virginia, Missouri, and California. […]
News Release: BMO Healthcare Real Estate Finance provides a $10.1 Million Term Loan for UDLR Healthcare
BMO’s Healthcare Real Estate Finance group announces that it has closed on a $10.1 million term loan to an affiliate of UDLR Healthcare (“UDLR”) for its acquisition of a 92,811 square foot medical outpatient building (“MOB”) known as Thunderbird Medical Plaza. The MOB is located on the campus of Banner Health’s 595-bed Thunderbird Medical Center […]
News Release: New Intermountain Primary Children’s Hospital, Miller Family Campus in Lehi Dedicated in Historic Ceremony
Following more than three years of construction and decades of planning, the second campus of Intermountain Primary Children’s Hospital was dedicated in a special ribbon-cutting ceremony on Friday, ushering in the most significant enhancement in pediatric health care in Utah and the Intermountain West in more than a century. The Miller Family Campus is a […]
News Release: Anchor Health Properties Arranges 26,000 Square Foot Suite Expansion and Renewed Lease for Major Tenant in Bothell, WA MOB
FOR IMMEDIATE RELEASE February 2, 2024 (Bothell, WA) Among the largest, non-health system owners and investors of healthcare real estate nationwide, Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently arranged a significant expansion and renewed lease with EvergreenHealth, a public hospital district […]
News Release: Just Financed: Medical Clinic in the Greater Atlanta Metropolitan Area
Just Financed VillageMD Clinic Griffin, GA Berkadia Medical & Life Sciences is pleased to announce the financing of a new medical clinic located in the Greater Atlanta Metropolitan Area on behalf of Montecito Medical Real Estate (Montecito). The purpose-built project encompasses 20,000 square feet and is 100%-leased to VillageMD, a national primary care provider with […]
News Release: Tenet Advances Portfolio Transformation and Previews Strong 2023 Results
February 1, 2024 Tenet completes sale of three South Carolina hospitals and announces the sale of four Orange County and Los Angeles County hospitals and related operations. DALLAS–(BUSINESS WIRE)— Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of three of its hospitals and related operations in South Carolina to Novant […]
