News Release: BERKADIA Announces Over $60M of Loan Closings
Charleston, South Carolina – December 10, 2024 – Berkadia announced today the financing of three seniors housing communities located in Washington, North Carolina, and California. Managing Director Jay Healy of Berkadia Seniors Housing & Healthcare secured the financings on behalf of the borrowers. In November, Jay Healy closed a $22 million bridge to HUD loan […]
News Release: Hammes Partners Expands Investment Committee for Healthcare Real Estate Funds
MILWAUKEE–(BUSINESS WIRE)–Hammes Partners, one of the leading institutional investment management firms focused on the U.S. healthcare real estate market, announced the appointment of Hammes Partners Principal, Justin Shea, to the Hammes Partners Investment Committee. Justin joins Jon Hammes, Todd Kibler and Patrick Hammes on the Investment Committee, which evaluates and manages the firm’s investments. In […]
News Release: 2024 HREI Insights Awards Finalists announced
FOR IMMEDIATE RELEASE 12th annual awards recognize excellence in HRE development and executive leadership MINNEAPOLIS, Dec. 11, 2024 – HREI is pleased to announce the finalists of the 2024 HREI Insights Awards, the first and only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership. The […]
News Release: BMO Healthcare Real Estate acts as Sole Lender of a Term Loan Facility on behalf of Harrison Street and Dial Senior Living.
BMO’s Healthcare Real Estate Finance group announces that it acted as Sole Lender on a term loan refinancing for The Landings, a trophy 142-unit Independent Living, Assisted Living and Memory Care community located in the Chicago MSA. The Landings is managed and operated by Dial Senior Living. Dial and Harrison Street jointly developed the community […]
News Release: UCHealth plans major expansion at Memorial Hospital North
UCHealth is planning a major expansion to Memorial Hospital North that will nearly double its size to meet the growing health care needs of the community. Highlights of phase 1 of the hospital expansion include additional operating rooms and a new inpatient tower that will initially open with 36 new medical-surgical beds and 14 ICU […]
News Release: OhioHealth to Build New Comprehensive Outpatient Cancer Center
OhioHealth is proud to announce plans for a new comprehensive outpatient cancer center. This new center is focused equally on expanding access to cancer care and improving patient experience. The new facility will be located in the current location of the south parking lot on OhioHealth’s administrative campus across from OhioHealth Riverside Methodist Hospital. The […]
News Release: UNIQUE Office Conversion to Medical Underway In Waukesha
Stone Ridge Medical Commons to Open in Spring 2025 Waukesha, Wis. (December 10, 2024) – Irgens is injecting new life into a Class A suburban office property in Waukesha’s Stone Ridge Business Park. Located at N14W23800 Stone Ridge Drive, Irgens will repurpose the asset to accommodate medical and other complementary healthcare and wellness users. The […]
News Release: ESI Arranges the Sale of Minnesota Skilled Nursing Facility
Minnesota – Evans Senior Investments (ESI) has successfully arranged the sale of a skilled nursing facility in the state of Minnesota. The institutional owner enlisted ESI to manage the transaction as part of their capital redeployment strategy. The process generated significant interest, ultimately leading to its acquisition by a regional owner-operator with an existing footprint […]
News Release: National Dental Healthcare REIT Surpasses 200-Property Milestone with Major Acquisitions Across Nine States, Reaching $255 Million Portfolio Value
National Dental Healthcare REIT (NDH REIT), a leader in dental healthcare real estate and a proud member of the Thurston Group portfolio, has achieved a remarkable growth milestone. With the completion of two strategic closings, NDH REIT has added 19 high-quality properties to its nationwide portfolio, surpassing the 200-property mark and driving its total portfolio […]
Feature Story: Is HRE development down?
Not according to an expert panel that spoke at the GlobeSt. conference By John B. Mugford Although the data suggests that healthcare real estate (HRE) development activity slowed significantly during the past year or so, a recent discussion by five experienced developers told a different story. In fact, during a panel discussion at last week’s […]
News Release: NexCore Group and Experience Senior Living Break Ground on a 15-story, Luxury Senior Living Community in Falls Church, Virginia.
The Reserve at Falls Church will feature 215 luxury apartments, including independent living, assisted living, and memory care, located in the highly anticipated West Falls mixed-use neighborhood. Denver, CO, December 10, 2024 – NexCore Group, a privately-owned diversified healthcare real estate development, investment, and management company with a national footprint spanning 29 states, and its […]
News Release: The Sanders Trust Completes Development of 66,000-sq. ft. Rehabilitation Hospital
Grand Opening for Mercy Health Rehabilitation Hospital in Youngstown, Ohio Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the recent completion of the Mercy Health Rehabilitation Hospital located in Youngstown, Ohio, which officially opened its doors to care for its first […]
News Release: TCC Signs 68K-SF Lease with Johns Hopkins Medicine at The Wellness Center at West Falls
The health system is the project’s anchor tenant Falls Church, VA – December 9, 2024 – Trammell Crow Company (TCC), a global real estate developer, has signed a 68,000-square-foot lease with The Johns Hopkins Health System Corp. at The Wellness Center at West Falls in Falls Church, Virginia. The non-profit healthcare system will occupy the fourth, […]
News Release: Cypress West and TPG Angelo Gordon Joint Venture Acquires Renaissance Medical Center in Salt Lake City Metro Area
112,192-square-foot Facility North of Salt Lake City Anchored by Mountain West Surgical Center Rancho Santa Margarita, CA – (December 9, 2024) – Cypress West Partners (Cypress West), a healthcare real estate owner and operator based in Southern California, in joint venture with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, […]
News Release: LTC Appoints Wendy Simpson Executive Chairman of Board of Directors; Promotes Pam Kessler and Clint Malin to Co-Chief Executive Officers, and Cece Chikhale to Chief Financial Officer
WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC), a real estate investment trust primarily invests in seniors housing and health care properties, today announced that Wendy Simpson has been appointed Executive Chairman of Board of Directors, Pam Kessler and Clint Malin have been promoted to Co-Chief Executive Officers, and Cece Chikhale has been promoted to […]
