News Release: Just Closed – Mountain State Oral Portfolio Sold to Private REIT
JUST CLOSED MOUNTAIN STATE ORAL & FACIAL SURGERY PORTFOLIO SALE ANNOUNCEMENT CREG | Healthcare is pleased to announce the sale of the 9-building Mountain State Oral & Facial Surgery Portfolio across West Virginia, North Carolina, and Virginia. This STNL transaction features a robust 10.5-year WALT and is tenanted by Mountain State Oral, a leading provider […]
News Release: Just Closed – 1270 Prince (Athens, Ga.)
Just Closed 1270 Prince Athens, Georgia Colliers Colliers U.S. Healthcare Capital Markets is pleased to announce the successful closing of 1270 Prince, a 36,678-square-foot medical outpatient building located in Athens, GA. The four-story facility is master-leased by Piedmont Healthcare (Moody’s: A1) on a long-term triple-net lease. The recently renovated building is strategically located in the […]
News Release: NexCore Group Named as a Finalist for National Healthcare Real Estate Awards
Two medical facilities, one senior living community and one executive recognized in Healthcare Real Estate Insights™ magazine’s annual awards. DENVER, December 19, 2024 – NexCore Group, a national leader in healthcare real estate development and investment, is proud to announce that it has been selected as a finalist in four categories in Healthcare Real Estate […]
News Release: BMO Healthcare Real Estate Finance provides a $34 Million Credit Facility for Focus Healthcare Partners
BMO’s Healthcare Real Estate Finance group announce that they have closed on a $34 million facility for affiliates of Focus Healthcare Partners LLC to finance the acquisition of Novel Place at Overland Park, a 109k SF, 134-unit independent living community in Overland Park, Kansas, and Novel Place at Blue Springs, a 109k SF, 134-unit independent […]
News Release: Cleveland Clinic Commits to Expanding Services in Palm Beach County
Fundraising campaign to support construction of inpatient hospital, expanded outpatient facility PALM BEACH, Fla.: Cleveland Clinic, ranked No. 1 in heart care for 30 years and known around the world as a leading academic health system, is committed to expanding its exceptional care for the residents of Palm Beach County. For more than 15 years, […]
News Release: JLL closes sale and financing of seniors housing portfolio for Harrison Street and Brightview Senior Living
The eight-property portfolio totals 1,186 units across the Baltimore, Philadelphia, Providence and Boston metropolitan areas BOSTON, Dec. 18, 2024 – JLL’s Capital Markets group announced today that it has completed the sale and financing of an eight-property seniors housing portfolio totaling 1,186 units within four major metropolitan areas in the Mid-Atlantic and Northeast. JLL’s Seniors […]
News Release: CPF Healthcare Real Estate Acquires 34,900 Square Foot, Class A Medical Outpatient Building for $24 Million via Off-Market Transaction
(New York, NY) Completing its fifth medical office building acquisition since raising a new real estate fund, Chicago Pacific Founders Healthcare Real Estate (CPF HCRE), a leading healthcare property investor, closed on a three-story, 34,900 square foot Class A medical outpatient building in the high-barrier market of New York City. The asset was acquired for […]
News Release: Elliott Bay Acquires MOB in Chantilly, Virginia
SEATTLE — A partnership between Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, and its partner Pantheon, a leading global private markets investor, today announced it has acquired a net leased medical outpatient property in Chantilly, VA, part of the Washington, D.C. metropolitan area. The property is […]
News Release: Meridian Announces New Major Tenant at Broadway Medical Plaza in Oakland, Calif.
WALNUT CREEK, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that Center for Elders’ Independence (CEI) has signed a lease at Meridian’s recent medical office conversion, “Broadway Medical Plaza.” The plus-minus 60,000-square-foot newly repurposed medical office building is located in the Pill Hill area of […]
News Release: Encompass Health Announces Preliminary Plans to Build a 50-bed Inpatient Rehabilitation Hospital in Bangor
BIRMINGHAM, Ala. and BANGOR, Maine, Dec. 18, 2024 /PRNewswire/ — Encompass Health Corp. (NYSE: EHC) today announced preliminary plans to build a freestanding, 50-bed inpatient rehabilitation hospital to be located at 1017 Union Street in Bangor, Maine. The hospital will serve patients recovering from debilitating illnesses and injuries, including strokes and other neurological disorders, brain […]
News Release: MONTICELLOAM, LLC, Huntington National Bank Provide $400M To Refinance Skilled Nursing Portfolio
New York, NY, December 18, 2024 – MONTICELLOAM, LLC (“MonticelloAM”) announced the closing of a $400,000,000 bridge loan for a 29-facility skilled nursing portfolio. A MonticelloAM firm affiliate acted as Agent, with Huntington National Bank as joint lead arranger. The financing comprised over 2,900 beds across Kentucky and Tennessee. “We are proud to serve as […]
News Release: The Ensign Group Agrees to Add Its First Operations in Alaska and Oregon And Announces Expansion in Washington and California
SAN JUAN CAPISTRANO, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) — The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it has agreed to acquire eight […]
News Release: Global Commercial Real Estate Brand SVN® Appoints New Healthcare Product Council Co-Chair
BOSTON, Dec. 17, 2024 /PRNewswire/ — SVN International Corp. (SVN), a global commercial real estate brand, is pleased to announce the appointment of Torey Riso as Co-Chair of the SVN Healthcare Product Council. In his new role, Torey will work alongside Chair Catherine House, CRE, FRICS, CCIM and other council members to further enhance SVN’s […]
Thought Leaders: The State of Medical Real Estate — and How We’re Approaching It
A Note from Chip Conk: As we reach the end of 2024, our 18th year in medical real estate, we at Montecito are as excited as ever about the long-term prospects for our field. Significantly, we are also more excited about the short-term prospects in the coming year than we were at the end of […]
