News Release: Cushman & Wakefield Advises Sale of New Las Vegas Healthcare Building acquired by Clark County for $10.4 Million
For Immediate Release Turn-key Class A facility located south of Nellis Air Force Base LAS VEGAS, Nev. – March 5, 2024 – Cushman & Wakefield announced the firm has advised the sale of a recently constructed 17,066-square-foot, 24-bed psychiatric hospital building located in Las Vegas, Nevada. The building was completed in 2021 but has never […]
Feature Story: MOB rental rates have risen steadily
Tenants might not like it, but they recognize that landlords’ costs have increased, Revista panelists say By John B. Mugford By now, nearly everyone involved in healthcare real estate (HRE) knows that both the sales of facilities, namely medical outpatient buildings (MOBs), and new construction have slowed significantly during the past year or more. Yet, […]
News Release: First Citizens Bank Provides $1 Million Line of Credit to MC Nutraceuticals
RALEIGH, N.C., March 5, 2024 /PRNewswire/ — First Citizens Bank today announced that its Cannabis Banking business provided a $1 million working capital line of credit to MC Nutraceuticals, one of the largest global suppliers of hemp-derived cannabinoids. Founded in 2019, MC Nutraceuticals uses ecommerce to distribute 42 hemp-derived products to a diverse client base across […]
News Release: HGA and Boldt Deliver St. John’s Hospital’s New Observation Unit in Ten Months
The first healthcare facility in the State of Minnesota built offsite will expand patient care services on the M Health Fairview Maplewood campus. Acclaimed interdisciplinary design firm HGA and industry leading construction firm, The Boldt Company, teamed together in the delivery of a 16-bed observation unit at M Health Fairview’s St. John’s Hospital. Since 2022, […]
News Release: Montecito acquires Illinois medical building
Montecito acquires Peoria medical property Montecito acquires Illinois medical building occupied by Springfield Clinic Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 16,000-square-foot medical building in Peoria, Illinois. The building is 100% occupied under a long-term lease by Springfield Clinic, a leading health provider in north central Illinois. “We are […]
