Thought Leaders: Newmark foresees a better 2024
Promising Q3 and Q4 data bodes well for the coming year, firm’s report finds By Erin E. Porter Although last year was not the best for the healthcare real estate (HRE) business, the sector’s resiliency and strong fundamentals during the second half of the year portend hope for 2024, according to the recently released “2023 […]
News Release: Dwight & Co Affiliate Expands Healthcare Team and Capital Solutions
MIAMI–(BUSINESS WIRE)—Dwight & Co has expanded its Seniors Housing and Healthcare financing solutions by successfully launching working capital revolving lines of credit (revolvers), investing in new technology, and broadening the depth of its healthcare team. Revolvers integrate seamlessly into Dwight’s existing bridge, mezzanine, and HUD healthcare lending platform, establishing an efficient, comprehensive suite of financial […]
News Release: Montecito Medical Acquires Two More Women’s Health Properties in Minnesota
March 12th 2024 Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two buildings in Minnesota that are home to a leading provider of women’s health services in the Twin Cities area. The two buildings, which encompass a total of 13,100 square feet, are located in the suburban communities of Maplewood and […]
News Release: Walker & Dunlop Originates $65 Million in HUD Loans for Seven Skilled Nursing Communities
BETHESDA, Md.–(BUSINESS WIRE)—Walker & Dunlop, Inc. announced today that it originated $65,731,000 in 232/223(f) and 241(a) HUD loans for seven skilled nursing facilities and memory care centers across Illinois and Wisconsin between October 2023 and February 2024. Walker & Dunlop’s Midwest FHA Finance team, led by Joshua Rosen, Brad Annis, and Johnny Rice, arranged the […]
News Release: Sendero Capital and TPG Angelo Gordon complete the acquisition of a multi-specialty healthcare facility in Warwick, Rhode Island
JLL Capital Markets advised on the purchase of 227 Centerville Rd. in Warwick, RI, the fifth acquisition in Sendero Capital and TPG Angelo Gordon’s programmatic joint venture. BOSTON, Mar. 11, 2024 – JLL Capital Markets announced today that it advised Sendero Capital and TPG Angelo Gordon on the acquisition of 227 Centerville Rd., a 30,000-square-foot […]
News Release: Bremner Real Estate breaks ground on cancer center in Norman, Oklahoma
Norman Regional Health System and OU Health join to provide high-quality, research-driven cancer care INDIANAPOLIS – (March 11, 2024) Indianapolis-based Bremner Real Estate announced the recent groundbreaking of a new cancer center in Norman, Oklahoma. The OU Health Stephenson Cancer Center at Norman Regional will serve patients from Norman Regional Health System and OU Health. […]
News Release: Chad Henderson Named 2023 HREI Insights Healthcare Real Estate Executive of the Year
PENSACOLA, FL – Catalyst Healthcare Real Estate (Catalyst), a healthcare real estate development and investment firm, is proud to announce Founder/CEO & Managing Partner, Chad Henderson has been awarded the 2023 Healthcare Real Estate Executive of the Year by Healthcare Real Estate Insights (HREI). The HREI Insights Awards ceremony took place on Feb. 28 during […]
Life Sciences: What are LSRE lenders looking for?
Cash-flowing, core-type assets are king these days, RevistaLab panelists say By Murray W. Wolf PASADENA, Calif. – Getting financing for a life sciences real estate (LSRE) deal was relatively easy in 2020 and 2021. Whether for acquisitions, new development or conversions – even entirely speculative projects – life sciences was red hot, and lenders lined […]
News Release: Webster Provides Five-Year Refinancing Loan for Henry Ford Macomb Medical Pavilion with KIRCO
STAMFORD, CT March 11, 2024 – Webster Bank is pleased to announce that it has provided a five-year, permanent loan to KIRCO in connection with the refinancing of the Henry Ford Macomb Medical Pavilion which is a 100% leased, class-A, state-of-the-art medical office building located in Macomb County, Michigan. “KIRCO is an award-winning commercial real […]
News Release: HGA-Designed Medical Facility for Clinic by the Bay Opens to Serve the Medically Underserved in San Francisco
The new clinic space will allow the local nonprofit to significantly expand its free healthcare services for the Bay Area. National interdisciplinary design firm, HGA, announced the completion of a new medical facility for Clinic by the Bay in San Francisco’s Excelsior / Outer Mission district. The nonprofit volunteer-powered free clinic moved its operations to […]
News Release: Simone Development Announces SightMD, a Fast Growing Eye Care Provider, Leasing 9,409 SF of Medical Space at One Executive Boulevard, Yonkers
First Medical Lease Since Recently Acquiring the Building YONKERS, NY (March 2024) – In its first medical lease since recently acquiring the property, Simone Development Companies has announced that SightMD, a rapidly-growing integrated ophthalmic provider group, has leased 9,409 square feet at One Executive Boulevard in Yonkers. The property has a remaining 48,525 square feet […]
News Release: Hoar Celebrates Topping Out of UAB Medicine Inpatient Rehabilitation Facility
$128 million project will move inpatient rehabilitation units from the existing Spain Rehabilitation Center into a new 346,000-square-foot building BIRMINGHAM, Ala. (March 7, 2024) – Hoar Construction announced today the topping out of the University of Alabama at Birmingham (UAB) Medicine’s Inpatient Rehabilitation Facility, signifying the new downtown Birmingham building has reached its tallest point. […]
News Release: Just Financed – 4900 Barranca Parkway (Irvine, Calif.)
Capital Markets | Healthcare & Life Sciences Just Financed 100% Leased to Hoag Memorial Hospital Presbyterian (Fitch ‘AA’) CBRE Transaction Highlights Date Closed: 2/29/2024 Size: 16,074 RSF Occupancy: 100% 4900 Barranca Parkway | Irvine, CA CBRE U.S. Healthcare Capital Markets is pleased to announce the financing of 4900 Barranca Parkway (the “Property”), a single-tenant, net-leased […]
News Release: Sila Realty Trust, Inc. Fourth Quarter and Year Ended 2023 Results
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. today announced operating results for the fourth quarter and year ended December 31, 2023. Highlights of the Quarter Ended December 31, 2023 vs. December 31, 2022 Rental revenue was $45.9 million, an increase of 5%. Net loss attributable to common stockholders was $9.0 million, a decrease of 74%. Funds […]
News Release: Cushman & Wakefield Healthcare Capital Markets Group Closes $30.8M Outpatient Healthcare Facility Disposition in Germantown, Wisconsin
Cushman & Wakefield’s Gino Lollio, Travis Ives, Sushil Puria, and Tyler Morss, in conjunction with Mike Keane of The Boerke Company, an Independently Owned and Operated Affiliate of Cushman & Wakefield, Represent Ownership CHICAGO, March 6, 2024 – Cushman & Wakefield announced today that the firm represented Minneapolis-based Sentinel Management Company in its $30.8 million […]