News Release: Just Closed: Dermatology ASC/MOB Portfolio | Birmingham-AL | Montgomery-AL
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a newly built state-of-the-art outpatient surgery center and clinic that is well-located in Vestavia, Alabama, an affluent suburb of Birmingham, and a medical office building in Montgomery, Alabama. Constructed in 2020, the Vestavia Hills MOB & ASC is 100% leased […]
News Release: CareTrust REIT Announces $62.1 Million Acquisition of Two Skilled Nursing Facilities in Separate Transactions; Pipeline Replenished
August 29, 2024 05:32 PM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of two skilled nursing facilities in separate transactions with a total investment amount of approximately $62.1 million. On August 29th, 2024, the company acquired a 125-licensed bed skilled nursing facility in the Mid-Atlantic. Separately, on August […]
News Release: Cushman & Wakefield Advises Sale of Newly Renovated 77,386 SF Medical Office Asset in Phoenix for $7.2 Million
For Immediate Release Multi-tenant medical office building adds to trend of growing investor activity PHOENIX, Ariz. – August 28, 2024 – Cushman & Wakefield announced the firm has advised the sale of a multi-tenant, two-story 77,386-square-foot building in Phoenix, Arizona. Located at 690 N Cofco Center Court, the medical office building commonly known as Gateway […]
News Release: $115M bridge financing secured for independent living portfolio
News release JLL Capital Markets has arranged the loan for Town Village Portfolio, a four-state portfolio of senior housing communities across the United States DUBLIN, O.H., Aug. 27, 2024 – JLL Capital Markets announced today that it has secured a $115 million bridge financing for Town Village Portfolio, a primarily independent living portfolio which consists of […]
Thought Leaders: CBRE Q2 2024 National MOB Real Estate Investor Update
Q2 2024 National MOB Real Estate Investor Update MOB Cap Rates Fall for First Time in Two Years Key Takeaways from the Q2 2024 Report: • Medical outpatient building (MOB) investment volume rose by 60% quarter-over-quarter in Q2 to $2.5 billion, bringing the trailing-four-quarter total to $7.7 billion. • MOB sale prices averaged $291 per […]
Thought Leaders: New Healthcare Capital Markets Update Available | Vital Signs MOB Report
Cushman & Wakefield VITAL SIGNS: HEALTHCARE CAPITAL MARKETS UPDATE Transaction volumes and pricing remain muted as a result of elevated interest rates and economic uncertainty READ THE FULL REPORT The sharp uptick in volume and pricing for medical outpatient buildings (MOBs) between 2020 and early 2022 has given way to more subdued activity as the […]
News Release: Clark, SmithGroup and HKS Celebrate Groundbreaking of the New El Paso VA Health Care Center
EL PASO, Texas – On August 28, 2024 the design-build team of Clark Construction Group and the SmithGroup + HKS Joint Venture celebrated the groundbreaking of the new El Paso VA Health Care Center in Fort Bliss, Texas. The design-build team joined the U.S. Department of Veterans Affairs (VA) and the U.S. Army Corps of Engineers (USACE), Fort Worth […]
News Release: Governor Abbott Celebrates Groundbreaking Of New Terrell State Hospital
Governor Greg Abbott today announced that the Texas Health and Human Services Commission (HHSC) is beginning construction of a new Terrell State Hospital building that will provide inpatient psychiatric care to North Texans. HHSC held a groundbreaking ceremony this morning to celebrate the start of construction of the 415,000-square-foot replacement hospital. Governor Abbott and the […]
News Release: Methodist and Acadia Healthcare Break Ground on Behavioral Health Hospital in Council Bluffs
August 27, 2024 02:39 PM Eastern Daylight Time COUNCIL BLUFFS, Iowa–(BUSINESS WIRE)–Methodist Jennie Edmundson Hospital and Acadia Healthcare Company held a groundbreaking ceremony today for a state-of-the-art behavioral health hospital serving western Iowa and eastern Nebraska residents. The event occurred on the site of the future hospital at 3620 S. 24th St. in Council Bluffs, […]
Companies & People: Capital One sees first-half increase
Erik Tellefson now heads all HRE lending; Jonathan Buehner leads medical By John B. Mugford The Medical Properties team with Capital One Healthcare recently released its Mid-Year Letter detailing its performance and lending volume during the first half of 2024. And, according to the unit of parent organization Capital One Financial Corp. (NYSE COF), business […]
News Release: Blanca Commercial Real Estate Promotes Christie Grays Chambers to Lead Growing Healthcare Practice
Chambers Expands Blanca CRE’s Healthcare Leasing Portfolio to 1.6 Million Square Feet Across Miami-Dade and Broward Counties MIAMI (August 27, 2024) – Blanca Commercial Real Estate is proud to announce the promotion of Christie Grays Chambers to Vice President, Lead of Healthcare Practice and Lead of Culture and Inclusion. With over 25 years of experience […]
Companies & People: A ‘kind, smart, gentle soul’
Accolades pour in for respected ‘deal maker’ Jim Barnes, who died Aug. 7 By John B. Mugford It is with great sadness that HREI must report the recent death of a longtime, well-known and highly respected lender in the healthcare real estate (HRE) space, James A. “Jim” Barnes. An Atlanta resident, Mr. Barnes, who had […]
News Release: Houston Methodist West Hospital Announces $247 Million Expansion Project
Houston, TX – August 27, 2024 Houston Methodist West Hospital is proud to announce a $247 million expansion project, scheduled to commence this fall with anticipated completion by 2027. This project, including the $185 million for hospital expansion and $62 million for community expansion, emphasizes Houston Methodist’s commitment to meeting the growing health care needs […]
News Release: Intermountain Health, in Partnership with NexCore Group, Opens New Medical Outpatient Building in Metro Denver
East Crossroads MOB will serve as a healthcare hub for the rapidly growing north Aurora region. DENVER, August 27, 2024 – Intermountain Health (“IMH”), a leading healthcare provider in the Western United States, has partnered with Denver-based NexCore Group, a national leader in healthcare real estate development, to open a new Medical Outpatient Building (“MOB”) in […]
News Release: The Sanders Trust Breaks Ground on $31 Million Rehabilitation Hospital
FOR IMMEDIATE RELEASE Groundbreaking for 45,000- sq. ft. Facility in Lake City, Florida Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the recent groundbreaking for a new $31 million inpatient rehabilitation facility, ClearSky Rehabilitation Hospital of Lake City, in Lake City, […]
