News Release: Davis Acquires 201,000 sq. ft., Class A Outpatient Medical Center in Plymouth, MN; 96% Occupied, Anchored by Allina Health
P R E S S R E L E A S E MINNEAPOLIS (October 15, 2024)—Davis, a leading healthcare real estate development, investment and management firm, has made a significant investment acquiring WestHealth, a three-building, 201,000-square-foot outpatient medical center in Plymouth, MN. The portfolio, located at 2805, 2855 and 3005 Campus Drive, comprises two outpatient […]
News Release: NexCore Group Names Carolyn Wilson as Chief Operating Officer
Seasoned healthcare veteran brings over 30 years of experience to lead operational strategy across NexCore’s diverse portfolio. DENVER, October 16, 2024 – NexCore Group, a national leader in healthcare real estate development, is pleased to announce the appointment of Carolyn Wilson as Chief Operating Officer (COO). Carolyn has been an integral part of the NexCore […]
Thought Leaders: Beyond pay: Healthcare workplaces key for talent attraction and retention
News release JLL’s new Employee Perspective on Healthcare Real Estate research reveals workplace environment’s crucial role in employee experience and satisfaction CHICAGO, Oct. 16, 2024 – The healthcare sector is at a critical juncture when it comes to attracting and retaining quality talent that is vital to providing patient care. Nearly a quarter of healthcare […]
Feature Story: Slow sales market hit the bottom, is now rebounding
A group of panelists at the Connect HRE Conference make their case for optimism By John B. Mugford There are plenty of professionals involved in medical outpatient building (MOB) and healthcare real estate (HRE) facility investments and sales who are saying that the sluggish sales market is turning around. Without a bevy of statistics to […]
Transactions: Davis acquires MOB complex for $72 million
Three-building suburban Minneapolis assets last sold for $58 million in 2013 By Murray W. Wolf Davis has acquired the three-building, 201,000 square foot WestHealth medical outpatient building (MOB) complex in suburban Minneapolis for $72 million, or nearly $360 per square foot (PSF). The connected “Class A” facilities are located at the northeast corner of the […]
News Release: Scioto Properties Celebrates 25 Years of Providing Innovative Healthcare Real Estate Solutions
COLUMBUS, Ohio, Oct. 15, 2024 /PRNewswire/ — Scioto Properties, a leader in healthcare real estate solutions, celebrates its 25th year in business. Since its establishment in 1999, the company has been a trusted partner, supporting healthcare providers, investment firms, and organizations dedicated to improving the lives of individuals with disabilities, traumatic brain injuries, and behavioral […]
News Release:South Baldwin Regional Medical Center Expands; Rebrands to Baldwin Health
October 15, 2024 – Foley, AL – South Baldwin Regional Medical Center’s capacity to see patients will expand later this month with the opening of a 185,000-square-foot addition to the hospital campus, and along with that growth comes a new name. South Baldwin Regional Medical Center is now Baldwin Health. “We’ve operated as a healthcare […]
News Release: Cheri Clarke Doyle Joins Transwestern As Managing Director In Washington
Industry Veteran to Expand Healthcare Advisory Services in Mid-Atlantic & Northeast (OCT. 15, 2024 – WASHINGTON) – Transwestern Real Estate Services (TRS) announces Cheri Clarke Doyle has joined the firm as Managing Director of Healthcare Advisory Services in Washington. In partnership with Transwestern’s Mid-Atlantic and national healthcare teams, Doyle will leverage her robust relationships with […]
News Release: Sila Realty Trust, Inc. Provides Update After Hurricanes
October 15, 2024 TAMPA, Fla.–(BUSINESS WIRE)– Sila Realty Trust, Inc. (NYSE: SILA) (the “Company”, “we” or “our”), a net lease real estate investment trust (“REIT”) headquartered in Tampa, Florida, is pleased to report that our employees are safe and our corporate office and our Florida and Georgia properties in the paths of Hurricane Helene and […]
News Release: News from Kaufman Hall Real Estate (HonorHealth Greater Phoenix)
Master Lease Restructuring for the Acquisition of Three Leased Acute-Care Hospitals and a Free-Standing Emergency Department Located in Greater Phoenix, Arizona THE UNDERSIGNED SERVED AS FINANCIAL ADVISOR Transaction Overview Kaufman Hall & Associates, LLC (“Kaufman Hall”) was selected as the exclusive buy-side M&A and Real Estate advisor to HonorHealth (“Honor” or “Client”) in its acquisition […]
News Release: Berkadia Completes Sale of Assisted Living & Memory Care Community in Indianapolis
Fishers, Indiana – October 14, 2024 – Berkadia announced today the sale of Meadow Brook Senior Living, a 92-unit assisted living and memory care community in Fishers, Indiana, 15 miles northeast of Downtown Indianapolis. Managing Directors Cody Tremper, Dave Fasano, Ross Sanders, and Mike Garbers of Berkadia Seniors Housing & Healthcare led the transaction on […]
News Release: Robins & Morton Completes Tallahassee Memorial HealthCare Medical Office Building
Robins & Morton joined the St. Joe Company and Tallahassee Memorial HealthCare to celebrate the completion of the Tallahassee Memorial HealthCare Medical Office Building in Panama City Beach, Florida. The four-story, 80,000-square-foot facility includes TMH Physician Partners – Primary Care, TMH Urgent Care Center, Coastal Tides Surgical Center, TMH Physician Partners – Cardiology as well […]
News Release: Medical Properties Trust Releases Findings of Independent Investigation Into Short-seller Allegations
Independent Members of MPT’s Board of Directors Stand Firmly Behind Management October 14, 2024 05:17 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–The independent members of the Board of Directors of Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today released a letter to shareholders regarding the findings of an independent, forensic investigation into […]
News Release: JLL completes $45M sale of Class A seniors housing community in Delaware
HarborChase of Wilmington is a 96-unit assisted living and memory care community BOSTON, Oct. 11, 2024 – JLL Capital Markets announced today that it completed the sale of HarborChase of Wilmington, a luxury 96-unit assisted living and memory care community in Wilmington, Delaware. JLL represented the seller, a private equity firm, in the transaction. Harbor Retirement […]
News Release: Hackensack Meridian Palisades Medical Center Breaks Ground on New, State-of-the-Art Emergency Department
From left are: Noelle and Jeff Welz, Hackensack Meridian Palisades Medical Center Emergency Department Benefactors; John C. Meditz, member of the Hackensack Meridian Health Board of Trustees; Palisades Medical Center Emergency Department Benefactor; chair of the Palisades Medical Center Foundation Board of Trustees; and member of the Hackensack University Medical Center Foundation Board of Trustees; […]