News Release: Marcus & Millichap Arranges Sale of Patient First Urgent Care in Pennsylvania
BETHLEHEM, Penn., May 13, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Patient First, a net-leased medical office property located in Bethlehem, Pennsylvania. Dean Zang and David Crotts, investment specialists in Marcus & Millichap’s Washington […]
News Release: Bremner Real Estate partners with Hendricks Regional Health for development of cutting-edge medical office building in Brownsburg
FOR IMMEDIATE RELEASE: May 10, 2024 (Indianapolis) – Bremner Real Estate, a leading healthcare real estate developer, is thrilled to announce its collaboration with Hendricks Regional Health to provide development services for an upcoming state-of-the-art, multi-specialty medical office building in Brownsburg, IN. This transformative project marks an exciting expansion of Hendricks Regional Health’s Brownsburg hospital […]
News Release: First Citizens Bank Arranges $260 Million in Financing for Skilled Nursing Facilities
NEW YORK — May 9, 2024 — First Citizens Bank today announced that its Healthcare Finance business served as lead arranger for a $260 million loan to refinance a portfolio of 12 skilled nursing facilities in Maryland. The borrower is a Midwest-based healthcare real estate investment and management company that invests in a variety of post-acute facilities with […]
News Release: ESI Arranges the Sale of an 8-Property Portfolio in Connecticut
Connecticut – Evans Senior Investments (ESI) has successfully arranged the sale of an 8-property skilled nursing portfolio across the Hartford Metropolitan Area of Connecticut. The transaction, executed on behalf of a REIT from the West Coast, amounted to $60,000,000, or $54,249 per bed for the real estate only. Made up of eight communities built between […]
News Release: Rendina Healthcare Real Estate Announces the Grand Opening of Inspira Health Center Deptford
DEPTFORD, N.J., May 8, 2024 /PRNewswire/ — Rendina Healthcare Real Estate is proud to announce the official opening of Inspira Health Center Deptford, a state-of-the-art outpatient health center in Deptford, NJ. This significant development is the result of a fruitful partnership with Inspira Health, a leading non-profit healthcare organization delivering outstanding care and greater access […]
News Release: ESI Arranges the Sale of Novellus Cherry Creek
Denver, Colorado – Evans Senior Investments (ESI) has successfully arranged the sale of the Novellus Cherry Creek, an assisted living community in Denver, Colorado. ESI represented Novellus Living in the transaction. Originally built in 2002, Novellus Cherry Creek comprises 66 assisted living units and operates on a 59% private pay basis. The community faced occupancy […]
Cover Story: Management takes center stage
Operations and leasing are in the spotlight amid a slowdown in deals and development By John B. Mugford For a few brief weeks at the tail end of 2023 and the start of 2024, when it appeared that the U.S. Federal Reserve was planning to reduce interest rates, the hopeful battle cry of the healthcare […]
News Release: Berkadia Adds Investment Sales Advisor to Medical & Life Sciences Platform
DALLAS, TEXAS – May 8, 2024 – Berkadia announced today the addition of Senior Director Vasili Davos to Berkadia’s Medical & Life Sciences platform. Davos will be based in the Dallas, Texas office and report to SVP – Co-Head of Investment Sales and Production Operations Mike Miner. “Vasili’s expertise will complement Berkadia’s industry-leading Medical & […]
News Release: Anchor Health Properties and BGO Acquire a Newly Constructed 70,000 Square Foot Medical Outpatient Building in Sarasota, Florida
(Sarasota, FL) Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, and BGO, a leading global real estate investment management firm, recently closed on an off-market three story, 70,418 square foot best in class medical outpatient building in the dynamic Sarasota, Florida market through […]
News Release: Sila Realty Trust, Inc. First Quarter 2024 Results
TAMPA, Fla., May 8, 2024–(BUSINESS WIRE)– Sila Realty Trust, Inc. today announced operating results for the first quarter ended March 31, 2024. All per share data has been retroactively adjusted to reflect the one-for-four reverse stock split which occurred on May 1, 2024. Highlights of the Quarter Ended March 31, 2024 vs. March 31, 2023 […]
News Release: Now Open: Driscoll Children’s Hospital Rio Grande Valley
Driscoll Children’s Hospital Rio Grande Valley is officially open! The new hospital is prepared to provide acute pediatric specialty care 24 hours a day, seven days a week, 365 days a year. “Our team is excited and ready to serve this community. From this moment on, children in the Rio Grande Valley with complex medical […]
News Release: Longfellow Real Estate Partners and Wates Execute Construction Contract and Begins Immediate Construction on CamLIFE in Cambridge
Longfellow is set to deliver state-of-the-art facilities and high-quality lab space in Cambridge as soon as Mid-2025 Cambridge, UK (May 8, 2024) – Longfellow Real Estate Partners, the largest privately held investor and developer of life science buildings, announced today they have signed a fixed price contract to reposition their CamLIFE campus, with the UK’s […]
News Release: Healthpeak Properties Announces Joint Venture Wind-Down
May 07, 2024 04:15 PM Eastern Daylight Time DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: DOC) (“Healthpeak”) and King Street Properties (“KSP”) today announced that Healthpeak has acquired KSP’s minority interest in the joint ventures in eight lab buildings in Cambridge and Lexington, Massachusetts. Healthpeak will assume day-to-day management of the buildings following a short-term transition period. […]
News Release: NexCore Group and Montrose Regional Health Open New Ambulatory Care Center in Western Colorado
The 88,000 SF facility brings expanded services to the residents of Montrose and the Uncompahgre Valley. DENVER, May 7, 2024 – NexCore Group, a leading healthcare real estate development, investment, and management company, and Montrose Regional Health (“MRH”), celebrated the opening of a new Ambulatory Care Center (“ACC”) in Montrose, Colorado on April 25, 2024. […]
News Release: Healthcare Realty Trust Reports Results for the First Quarter (2024)
Healthcare Realty Trust Reports Results for the First Quarter Company Release – 05/07/2024 The Company is focused on its top priorities of capital allocation and operational momentum to accelerate FFO growth and improve dividend coverage. CAPITAL ALLOCATION MOMENTUM Announced a $383 million JV with KKR at a 6.6% cap rate with expected proceeds of $300 million […]