News Release: Oxford Finance Provides $47 Million Credit Facility to Creative Solutions in Healthcare, Inc.
ALEXANDRIA, Va. & FORT WORTH, Texas. – Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences, healthcare services, healthtech, business services and SaaS companies worldwide, today announced the closing of a $47 million senior credit facility to Creative Solutions in Healthcare, Inc. (“Creative Solutions,” or “the Company”). Funds […]
News Release: South Florida Baptist Hospital’s Grand Opening Ushers in New Beginning
PLANT CITY, Fla., Aug. 10, 2024 /PRNewswire/ — The new South Florida Baptist Hospital, part of BayCare Health System, is officially open. The 424,000-square-foot facility replaces the original hospital on Alexander Street, which served the Plant City, Florida, community for more than 70 years. As of 3 a.m. Saturday, the legacy hospital permanently closed and […]
News Release: Sold: Dignity Health Micro-Hospital in Phoenix, AZ MSA
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a micro-hospital located in a rapidly growing area in Phoenix, AZ, the capital and most populous city of Arizona. The multi-specialty Hospital and emergency care center is 100% leased and operated by Dignity Health (Fitch A-) and offers the same level […]
News Release: RSFH will sell Roper Hospital property by 2025
Roper St. Francis Healthcare is announcing today its plans to sell the 11.5-acre property where Roper Hospital is located at 316 Calhoun St. in Charleston to the Medical University Hospital Authority (MUSC Health). The transaction will not be finalized until Roper St. Francis Healthcare relocates hospital operations, anticipated for late 2029, to the Roper Hospital […]
Life Sciences: Alexandria’s frustration with NYC boils over
Long exasperated with city officials, the life sciences REIT takes legal action By Murray W. Wolf As has been widely reported, Alexandria Real Estate Equities Inc. (NYSE: ARE) filed a lawsuit in U.S. District Court last Tuesday, Aug. 6, against the New York City Health + Hospitals Corporation (H+H) and the New York City Economic […]
Life Sciences: Longfellow’s vacant Emeryville, Calif., campus faces a lawsuit and plans for a partial sale
EMERYVILLE, Calif. – In spring 2021, when the life sciences real estate (LSRE) frenzy was near its peak, Longfellow Real Estate Partners LLC proposed the development of a new, three-building, 965,322 square foot residential and office/lab project in Emeryville. The project was to entail the redevelopment of three industrial parcels totaling nearly 7.3 acres, just […]
News Release: Berkadia Secures $47.4M in Financing for a 135-Unit Seniors Housing Community in Kensington, Maryland
KENSINGTON, MARYLAND – August 8, 2024 – Berkadia announced today the financing of Modena Reserve at Kensington, a 135-unit, seniors housing community in Kensington, Maryland. Managing Directors Steve Muth and Austin Sacco of Berkadia Seniors Housing & Healthcare secured a $47.4 million loan through a Debt Fund on behalf of the sponsors: A global real […]
News Release: Texas Tech Officials Cut Ribbon on Newest Academic Facility
The Academic Sciences Building offers greater opportunities for collaboration, research and experiential learning. Officials from Texas Tech University, the Texas Tech University System and other community stakeholders celebrated during a ribbon-cutting ceremony today (Aug. 9), officially declaring the Academic Sciences Building (ASB) open for business just as a new academic year appears on the […]
News Release: Ryan Companies Promotes Steve Stecker, CHC to Senior Vice President of Project Development
MINNEAPOLIS, Minn. (Aug. 8, 2024) – Ryan Companies US, Inc., a national commercial real estate solutions provider, is pleased to announce the promotion of Steve Stecker, CHC to Senior Vice President of Project Development, Healthcare. In his elevated role, Stecker will lead business development efforts to further enhance Ryan’s diverse healthcare construction portfolio and sector-specific […]
News Release: Simone Development Signs New Oral Surgeon Practice at 35-30 Francis Lewis Blvd. in Flushing Section of Queens, NY
FLUSHING, NY (August 8, 2024) – Simone Development Companies has signed a 4,807-square-foot, long-term lease of prime medical space with All County Oral & Maxillofacial Surgery at 35-30 Francis Lewis Blvd. in the Flushing section of Queens, NY. Ownership was represented by in-house leasing and legal teams in direct negotiations with the tenant. The recently […]
News Release: Refinancing arranged for North Atlanta medical office portfolio
JLL Capital Markets led the refinancing efforts for Perimeter Town Center in Sandy Springs ATLANTA, Aug. 8, 2024 – JLL Capital Markets announced today that it has arranged refinancing for Perimeter Town Center, a 274,284-square-foot portfolio comprising multiple medical office properties in Sandy Springs, Georgia. JLL worked on behalf of the borrower, Harrison Street and Ackerman […]
News Release: Berkadia Negotiates Class A Active Adult Sale in Greenville, South Carolina
GREENVILLE, SOUTH CAROLINA – August 8, 2024 – Berkadia announced today the sale of The Aspens Verdae, a newly built 159-unit, active adult community in Greenville, South Carolina. Berkadia Seniors Housing & Healthcare, led by Managing Directors Cody Tremper, Mike Garbers, Dave Fasano, and Ross Sanders, negotiated the transaction on behalf of the seller, Texas-based […]
News Release: Healthcare Trust to Internalize Management
NEW YORK–(BUSINESS WIRE)–Healthcare Trust, Inc. (Nasdaq: HTIA / HTIBP) (“HTI”) announced today that it has entered into a definitive agreement with Healthcare Trust Advisors, LLC (the “Advisor”), the external advisor to HTI, and AR Global Investments, LLC, the indirect parent company of Advisor and Healthcare Trust Properties, LLC (the “Property Manager”), the external property manager […]
News Release: Sabra Reports Second Quarter 2024 Results; Increases 2024 Guidance
TUSTIN, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the second quarter of 2024. SECOND QUARTER 2024 RESULTS AND RECENT EVENTS Results per diluted common share for the second quarter of 2024 were as follows: Net Income: $0.10 FFO: $0.35 Normalized FFO: $0.35 […]
News Release: $35.8M in financing secured for two Southern California medical properties
JLL Capital Markets worked on behalf of Turner Impact Capital’s Healthcare Facilities Funds to secure financing for 1650 Adams Ave in Costa Mesa and 480 4th Ave in Chula Vista SAN DIEGO, Aug. 7, 2024 – JLL Capital Markets announced today that it arranged $35.83 million in financing in two separate transactions for 1650 Adams Ave., […]
