News Release: Centra Breaks Ground on New Simons Run Medical Campus, Expanding Behavioral Health and Rehabilitation Services
Press release Published on Thursday September 26, 2024 LYNCHBURG, VA.– Centra, along with Lifepoint Behavioral Health and Lifepoint Rehabilitation, affiliates of Lifepoint Health, have begun construction on a new medical campus to expand access to behavioral health and rehabilitation care. Expected to open in 2026, the Centra Simons Run Medical Campus will become the new […]
News Release: Marathon Health Announces Significant Expansion of ‘Open Access’ Primary Care Network
Marathon Health offers one of the largest advanced primary care Open Access Networks in the U.S., with nearly 100 locations in 46 markets INDIANAPOLIS–(BUSINESS WIRE)-–Marathon Health, a leading provider of employer and union-sponsored advanced primary care in the U.S., has announced a broad expansion of its Network health centers. Now serving 46 metropolitan markets with […]
News Release: Mercy South to Break Ground on $75 Million Emergency Department Expansion and Redesign
In order to meet the growing needs of its community, Mercy Hospital South is expanding and redesigning its entire emergency department. A ceremonial groundbreaking kicks off the project on Thursday, Sept. 26, including a blessing by Archbishop Mitchell Rozanski. The $75 million dollar redesign will expand the existing emergency department from 39,000 square feet to […]
News Release: Cushman & Wakefield reports U.S. Senior Living Occupancy Reaches Historic High, Surpassing 87%
Absorption continues to outpace supply as inventory growth drops to historic lows Chicago – September 25, 2024 – U.S. senior living property market fundamentals continued to strengthen through the first half of 2024, according to the latest report from Cushman & Wakefield. Stabilized occupancy trended upward for the 12th consecutive quarter, surpassing 87% as rent growth […]
News Release: Baker Barrios Architects Announces Completion of 2 Colleges of Osteopathic Medicine in Orlando, Fla., and Memphis, Tenn.
ORLANDO, Fla. (Sept. 25, 2024) — Baker Barrios Architects today announced the completion of two osteopathic medical schools designed by the firm: Orlando College of Osteopathic Medicine (OCOM) in Orlando, Fla., and Baptist University College of Osteopathic Medicine (BUCOM) in Memphis, Tenn. These two state-of-the-art colleges reflect the growth of the field of osteopathic medicine, […]
News Release: Detroit release: Healthcare expert joins JLL Detroit
Miriam Rhein brings 25 years of real estate experience to JLL DETROIT, September 25, 2024 – JLL announced that it has added Miriam Rhein as Senior Vice President to its Detroit office, where she will spearhead brokerage and portfolio management initiatives in the market’s healthcare sector. With 25 years of experience, Rhein brings a wealth […]
News Release: American Healthcare REIT Acquires Remaining Minority Membership Interest in Trilogy REIT Holdings; Becomes Sole Owner of Trilogy REIT Holdings
IRVINE, Calif. (Sept. 24, 2024) – American Healthcare REIT, Inc. (NYSE: AHR) has now exercised its purchase option to acquire the remaining 24% minority membership interest in Trilogy REIT Holdings, LLC that had been held by the company’s joint venture partner, an affiliate of NorthStar Healthcare Income, Inc. Upon the closing of the acquisition, the […]
Feature Story: Finally, the Fed cuts interest rates
But some HRE veterans say the impact of the long-awaited move will be gradual By John B. Mugford In making the first cut to the federal funds rate since it began raising rates in March 2022, has the U.S. Federal Reserve Bank ushered in a period of increased medical outpatient building (MOB) sales? Will last […]
Feature Story: Hub-and-spoke model ‘on steroids’
Provider panelists at InterFace affirm that many systems are still looking to grow By John B. Mugford Although many rural hospitals and health systems are struggling, and some are closing, the larger systems in the larger markets are making sure to keep growing. They’re doing so by buying up some of those smaller systems, building […]
News Release: MontecitoPLUS Adds Arrowlytics to Digital Platform
Powerful new solution enables providers to aggregate siloed data and turn it into actionable insights to fuel practice performance and growth NASHVILLE, Tenn.–(BUSINESS WIRE)–MontecitoPLUS, a leading innovator in physician-focused solutions, is thrilled to announce its acquisition of Arrowlytics, a premier provider of practice analytics services. This strategic move marks a significant milestone in advancing Montecito’s […]
News Release: Walker & Dunlop’s New Seniors Housing Report Shows Growth, Investment Opportunities and Increased Demand
BETHESDA, Md.–(BUSINESS WIRE)–As the leader in financing for seniors housing, Walker & Dunlop, Inc. shares emerging market trends and vital landscape analysis in its newly published Seniors Housing Outlook, “Navigating Growth, Innovation, and Investment in a Transforming Market”. The publication comes at a crucial time as this sector experiences significant demographic shifts and evolving healthcare […]
News Release: Simone Development Companies Welcomes New York-Presbyterian to Medical Office Building at 2510 Westchester Avenue in the Bronx
BRONX, NY (September 23, 2024) – Simone Development Companies announced that NewYork-Presbyterian, one of the nation’s most comprehensive, integrated academic healthcare systems, has signed a 10,189 square-foot long-term lease at Simone Development’s medical office property at 2510 Westchester Avenue in the Bronx. Simone Development was represented by in-house leasing and legal teams in direct negotiations […]
News Release: Catalyst and Heitman Break Ground on a New Inpatient Rehabilitation Hospital in Ohio
September 23, 2024 PENSACOLA, FL – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate development and investment firm, and Heitman, a $50 Billion global real estate investment management firm, has officially broken ground on a new 51,000-square-foot inpatient rehabilitation hospital (IRH) in South Point, Ohio. “Over the past five years, we have built […]
For Sale: AUCTION – 110,000 SF Naperville, IL Office/Medical | Oct. 7
GREENSTONE PARTNERS ONLINE AUCTION TEN-X | OCT 7-9 VALUE-ADD + STRONG IN-PLACE CASHFLOW FULLY RENOVATED CLASS-A OFFICE STRONG VISIBILITY + AMENITIES MEDICAL TENANCY + NAPERVILLE’S HEALTHCARE BOOM STRONG MEDICAL OFFICE FUNDAMENTALS PROXIMITY TO THRIVING NAPERVILLE PRICE & PROCEDURE: Ten-X Auction: 10/7 – 10/9 NET OPERATING INCOME: $985,477 PRO-FORMA NOI: $1,749,940 RENTABLE SQUARE FEET: 111,062 sq. […]
News Release: Cincinnati Children’s acquires office building in Cincinnati Innovation District to boost research
3090 Exploration Ave. to be new home for scientists focused on improving child health Monday, September 23, 2024 Cincinnati Children’s has acquired a recently constructed office building in the Cincinnati Innovation District, which will be home to over 200 current employees who focus on non-laboratory research. The health system will occupy the top two floors […]