News Release: Vitalis acquires 36-Bed PAM Health Rehab Hospital in Denver metro.
The transaction closed May 30, 2024. Vitalis has acquired a 37,000 SF inpatient rehabilitation hospital on a long term lease with PAM Health. The facilitiy is strategically located in the affluent submarket of Westminster and accounts for over 50% of the available IRF beds within a 15-mile radius. The asset was developed in 2015 and […]
News Release: Diversified Healthcare Trust Closes $120 Million Mortgage Loan
May 30, 2024 04:15 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced that it closed a $120 million mortgage loan secured by eight properties within DHC’s Medical Office and Life Science Portfolio, located in seven states and consisting of approximately 725,000 square feet. As of March 31, 2024, the weighted […]
News Release: Healthcare Real Estate REIT Report
Healthcare Real Estate REIT Report Healthcare REITs exhibited robust leasing activity with high retention rates and favorable lease terms. Welltower, Ventas, Healthpeak, and Healthcare Realty all demonstrated significant leasing volume, reflecting strong demand for medical office space. Occupancy rates across various healthcare REITs showed remarkable strength and improvement, indicating effective property management and strong demand. […]
News Release: HCA Florida Fawcett Hospital Completes Phase One in $60M Expansion
Press Release 05.29.24 HCA Florida Fawcett Hospital has completed phase one of its $60 million expansion and renovation project that increases the hospital’s capacity and broadens its offerings. Officially open to the public on May 13, the project included expanding critical care units by 12 rooms, increasing the number of pre-operative treatment areas to 43 […]
News Release: Fairfield Advisors announces sale of COPC Medical Building in Columbus, OH. $22,750,000 Sale
(Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of Central Ohio Primary Care Medical Office Building located at 850 E. Main Street in Reynoldsburg, OH. The Medical Building is 62,000 square feet and is brand new construction with the tenant moving in on April […]
News Release: Davis Healthcare Real Estate Opens Lakeview Specialty Center (Lakeville, Minn.)
PRESS RELEASE 100,500-SF Medical Development is Fully Occupied by Allina and MNGI Digestive Health MINNEAPOLIS (May 29, 2024)—Davis has announced the formal opening of Lakeville Specialty Center, a 100,500 square foot medical building at 18645 Orchard Trail in Lakeville, MN. The building is fully occupied by Allina and MNGI Digestive Health. “The completed Lakeville Specialty Center […]
News Release: PMB and Santa Clara Valley Healthcare celebrate the topping-off for a 230,000 square-foot medical office building in San Jose, Calif.
FOR IMMEDIATE RELEASE SAN JOSE Calif., May 29, 2024 – PMB, a leading healthcare real estate developer, in partnership with Santa Clara Valley Healthcare (SCVH), celebrated topping-off on a 10-story, 230,000 square-foot medical office building in San Jose, CA. The future Valley Health Center San Jose (VHC San Jose) location provides county residents with seamless […]
News Release: JLL arranges sale of stabilized Texas seniors housing community
JLL Capital Markets led sale efforts for Sage Spring Senior Living in San Marcos, Texas BOSTON, May 28, 2024 – JLL Capital Markets announced today that it arranged the successful sale of Sage Spring Senior Living, a senior living community located in San Marcos, Texas. JLL represented the seller, a joint venture between Bow River Capital […]
News Release: Sila Realty Trust, Inc. Receives Approval for Listing on the New York Stock Exchange
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company” or “Sila”), a net lease real estate investment trust with a strategic focus on investing in the significant, growing, and resilient healthcare sector of the U.S. economy, is pleased to announce that it has received approval to list its common stock on the New York Stock Exchange […]
News Release: Ventas Issues Business Update
CHICAGO–(BUSINESS WIRE)–In conjunction with upcoming investor meetings, Ventas, Inc. (NYSE: VTR) (the “Company”) has issued a business update which is available on the Company’s website. These materials will be archived at ir.ventasreit.com/events-and-presentations for a limited period. About Ventas Ventas, Inc. (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, […]
News Release: The Sanders Trust Completes Development of 60,000-square-foot Rehabilitation Hospital
New 50-bed Facility Located in Jacksonville, Florida Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the grand opening of North Florida Rehabilitation Hospital in Jacksonville, Florida. This is the region’s first free-standing inpatient rehabilitation facility west of the St. Johns River. […]
Feature Story: Health execs get to quiz landlords
BOMA ‘reverse’ panel let providers ask questions of building owners By John B. Mugford Many healthcare real estate (HRE) conferences include panel discussions comprising real estate executives from prominent health systems. The idea is to allow the panelists to share their real estate strategies and, perhaps, explain what difficulties they face in trying to carry […]
News Release: Stockdale Capital Partners acquires five-story, Class-A medical office building in central Austin (Texas)
FOR IMMEDIATE RELEASE Property at 1401 Philomena St., adjacent to Dell Children’s Medical Center, has 129,382 square feet of rentable office space LOS ANGELES – May 28, 2024 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced it acquired a newly-built medical office building at 1401 Philomena St. in Central […]
Transactions: Remedy/Kayne JV buys 16 N.C. MOBs from Novant
Price not disclosed for the 737,347 s.f. first tranche of a 21-MOB deal By John B. Mugford In the current environment of rising costs and tighter operating spreads for health systems, perhaps growing number of such organizations are ready to start monetizing certain non-core real estate assets to raise capital. For years, healthcare real estate […]
News Release: Montecito acquires two-building medical office portfolio
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two medical office buildings in the Milwaukee, Wisconsin, area. The buildings total over 70,000 square feet and are occupied by Children’s Hospital of Wisconsin. They are in the exurban communities of Delafield and Mequon, respectively. “We are thrilled to add these two outstanding […]
