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News Release: Hammes celebrates grand opening of new medical office building development in West Valley of Phoenix

FOR IMMEDIATE RELEASE MILWAUKEE, WI – June 20, 2024 – Hammes, a national real estate consulting, development, investment and management firm, held a ribbon-cutting ceremony on June 12 to celebrate the opening of the new Buckeye Medical Plaza at 865 South Watson Road in Buckeye, Arizona. Located in the fast-growing West Valley, the new multi-tenant, […]

News Release: Realty Trust Group Announces New Client Relationship with Maury Regional Health

News Release: Realty Trust Group Announces New Client Relationship with Maury Regional Health

(Nashville, TN – June 2024) Maury Regional Health has selected Realty Trust Group (RTG), a full-service healthcare real estate advisory and services firm, to serve as a strategic partner in managing their real estate portfolio. “RTG is grateful for the opportunity to work with the talented and dedicated team at Maury Regional,” says Forrest Gardner, […]

News Release: Berkadia Negotiates Sale of Senior Living Community in Richmond, Virginia

RICHMOND, VA – June 20, 2024 – Berkadia announced today the sale of an assisted living and memory care community in Richmond, Virginia. Berkadia Seniors Housing & Healthcare, led by Managing Directors Mike Garbers, Cody Tremper, Dave Fasano, and Ross Sanders, negotiated the 77-unit transaction on behalf of a publicly traded REIT. The property, located […]

News Release: Berkadia Negotiates Sale of Two Seniors Housing Properties in South Carolina

COLUMBIA, SC – June 20, 2024 – Berkadia announced today the sale of two assisted living and memory care communities in South Carolina. Berkadia Seniors Housing & Healthcare, led by Managing Directors Mike Garbers, Cody Tremper, Dave Fasano, and Ross Sanders, closed the 156-unit transaction on behalf of a publicly traded REIT. The properties, located […]

News Release: Legacy community sells in Downtown Stillwater on the shores of the St. Croix

News Release: Legacy community sells in Downtown Stillwater on the shores of the St. Croix

JLL Capital Markets sold and secured financing for Rivertown Commons MINNEAPOLIS, June 19, 2024 – JLL Capital Markets announced today that it arranged the sale and financing, secured through Freddie Mac, for Rivertown Commons, a 96-unit (62+) senior living, Section 8 affordable housing building situated along the St. Croix River in the heart of historic downtown […]

News Release: Healing Realty Trust Closes First Tranche of Series A to Expand Clinic-Focused Portfolio for a New Generation of Medicine

Investment to fund acquisitions of three operating healthcare facilities in Texas, Ohio and Connecticut, totaling ~88,000 square-feet Jupiter, Florida–(Newsfile Corp. – June 18, 2024) – Healing Realty Trust (“HRT” or the “Company”), formerly known as Healing Commercial Real Estate Inc., a data-driven, self-managed real estate investment company with a portfolio centered on purchasing healthcare-related real […]

News Release: Lawrence Group Designing State-of-the-Art Medical Office Building for Austin (Texas) Regional Clinic

News Release: Lawrence Group Designing State-of-the-Art Medical Office Building for Austin (Texas) Regional Clinic

Austin Regional Clinic (ARC) has embarked on a transformative project to replace a prefabricated metal building at its Ben White Boulevard location with a two-story, state-of-the-art medical office building. The Central Texas healthcare provider hired Lawrence Group Architects to perform a feasibility study and design for the new building. Lawrence Group began the project by […]

Companies & People: First Citizens remains active, sees ‘positive signs’

Companies & People: First Citizens remains active, sees ‘positive signs’

HREI talks with Steve Reedy, head of the bank’s Medical Office Banking unit By John B. Mugford Since interest rates began rising quite quickly and steeply starting in March 2022 – and with the U.S. Federal Reserve Bank raising its targeted interest rate 11 times during the subsequent 20 months – the medical outpatient building […]

News Release: Thermo Fisher Scientific Expands Clinical Research Laboratory in Wisconsin

The PPD clinical research business’ new laboratory will enhance services in new and emerging therapeutic areas, add 350 new jobs to region June 18, 2024 08:15 AM Eastern Daylight Time WILMINGTON, N.C.–(BUSINESS WIRE)–The PPD clinical research business of Thermo Fisher Scientific Inc., the world leader in serving science, today unveiled a new clinical research laboratory […]

News Release: Montecito Medical Acquires Two Medical Office Properties in Charlotte, NC

News Release: Montecito Medical Acquires Two Medical Office Properties in Charlotte, NC

Montecito Medical, a leading buyer of medical office real estate nationwide, has acquired two outpatient surgery properties in Charlotte, NC. The adjoining buildings, which offer a combined total of 37,200 square feet, are 100% occupied by Atrium Health. “We are thrilled to acquire these outstanding medical office assets and to expand our relationship with such […]

News Release: Just Closed - 10th Street Medical Office Buildings (Chino, Calf.)

News Release: Just Closed – 10th Street Medical Office Buildings (Chino, Calf.)

LIG LE INVESTMENT GROUP RECENTLY CLOSED 12850-12860 10th Street Chino, CA 91710 MULTI-TENANT MEDICAL PRICE/SF: $225.62 CAP RATE: 6.26% Sq.Ft.: 7,978 Sold Price: $1,800,000 Aaron Sanders Senior Associate | License CA: 02133731 (424) 215-1580 | (909) 256-7889 Justin Mata Investment Associate | License CA: 02196193 (909) 684-1649 | (909) 256-7889

News Release: PREIT Names Colliers Medical Leasing Agent for Moorestown Mall in New Jersey

News Release: PREIT Names Colliers Medical Leasing Agent for Moorestown Mall in New Jersey

A new relationship focused exclusively on building medical and wellness tenancy will continue the mall’s growth as a regional healthcare hub MOORESTOWN, NEW JERSEY June 17, 2024 – Colliers is pleased to announce the team of Paul Rogers and Charlie Rogers will serve as exclusive healthcare and wellness leasing agents to mall operator PREIT at […]

Riverside University Health System (RUHS) and PMB broke ground on an unprecedented project, The 445,000 SF Wellness Village in Mead Valley, that will transform healthcare by integrating the behavioral health continuum of care into a single environment combining medical care, behavioral health, and social services.

News Release: PMB partners with Riverside University Health System on a $580 million behavioral health campus in Mead Valley, California

NEWS PROVIDED BY PMB Jun 17, 2024, 08:01 ET The 445,000-square-foot Wellness Village will provide a continuum of behavioral health and wellness care, from urgent treatment to supportive housing. MEAD VALLEY, Calif. and SAN DIEGO, June 14, 2024 /PRNewswire/ — Riverside University Health System (RUHS) and PMB broke ground on an unprecedented project, The Wellness […]

News Release: Montgomery County (Md.) Council Committee Meetings on June 17, 2024

For Immediate Release: Friday, June 14, 2024 Committees will begin to review the Great Seneca Master Plan, receive an update on Purple Line Construction, discuss the advance taking of a small parcel of land and a petition for abandonment, and review a supplemental appropriation for MCFRS The Transportation and Environment (TE) Committee will meet on […]

News Release: ESI Arranges the Sale of Henry County Healthcare Center in Tennessee

Paris, TN – Evans Senior Investments (ESI) has successfully arranged the sale of Henry County Healthcare Center in Paris, Tennessee. The transaction was executed on behalf of Henry County. Built in 2001, Henry County Healthcare Center offers 136 skilled nursing beds across 5 acres of land. At the time of marketing, the facility was only […]