News Release: CareTrust REIT Acquires Three Property Skilled Nursing Portfolio in Texas and Missouri
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of three skilled nursing facilities for approximately $55.6 million, inclusive of transaction costs. The portfolio, consisting of 210 skilled nursing beds and 24 assisted living units, will be added to CareTrust’s existing master lease with affiliates of PACS Group, Inc., who has been operating […]
News Release: Cushman & Wakefield Advises Sale of New Las Vegas Healthcare Building acquired by Clark County for $10.4 Million
For Immediate Release Turn-key Class A facility located south of Nellis Air Force Base LAS VEGAS, Nev. – March 5, 2024 – Cushman & Wakefield announced the firm has advised the sale of a recently constructed 17,066-square-foot, 24-bed psychiatric hospital building located in Las Vegas, Nevada. The building was completed in 2021 but has never […]
Feature Story: MOB rental rates have risen steadily
Tenants might not like it, but they recognize that landlords’ costs have increased, Revista panelists say By John B. Mugford By now, nearly everyone involved in healthcare real estate (HRE) knows that both the sales of facilities, namely medical outpatient buildings (MOBs), and new construction have slowed significantly during the past year or more. Yet, […]
News Release: First Citizens Bank Provides $1 Million Line of Credit to MC Nutraceuticals
RALEIGH, N.C., March 5, 2024 /PRNewswire/ — First Citizens Bank today announced that its Cannabis Banking business provided a $1 million working capital line of credit to MC Nutraceuticals, one of the largest global suppliers of hemp-derived cannabinoids. Founded in 2019, MC Nutraceuticals uses ecommerce to distribute 42 hemp-derived products to a diverse client base across […]
News Release: HGA and Boldt Deliver St. John’s Hospital’s New Observation Unit in Ten Months
The first healthcare facility in the State of Minnesota built offsite will expand patient care services on the M Health Fairview Maplewood campus. Acclaimed interdisciplinary design firm HGA and industry leading construction firm, The Boldt Company, teamed together in the delivery of a 16-bed observation unit at M Health Fairview’s St. John’s Hospital. Since 2022, […]
News Release: Montecito acquires Illinois medical building
Montecito acquires Peoria medical property Montecito acquires Illinois medical building occupied by Springfield Clinic Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 16,000-square-foot medical building in Peoria, Illinois. The building is 100% occupied under a long-term lease by Springfield Clinic, a leading health provider in north central Illinois. “We are […]
News Release: Big Sky Medical Celebrates Lease Renewal In Premier Dallas Location
Dallas, TX (March 4, 2024) – Big Sky Medical is excited to announce the successful lease renewal with Dallas Plastic Surgery Institute (DPSI) for over 45,000rsf of space in its premier building, The Pyramids at Park Lane South Tower. DPSI is the pre-eminent destination for plastic and cosmetic surgery throughout the country boasting 12 surgeons […]
News Release: NAI James E. Hanson Helps Healthcare Client Secure New Location in Plymouth Meeting, Pa.
Plymouth Meeting, Pa. (March 4, 2024) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has negotiated the lease of a 3,073-square-foot medical office space located at 2250 Hickory Road in Plymouth Meeting, Pa. NAI James E. Hanson’s Team Lizzack-Horning, comprised of Darren Lizzack, MSRE, and Randy […]
Life Sciences: Healthpeak-DOC merger creates $21 billion REIT
Executives are still upbeat about life sciences despite big bet on medical By Murray W. Wolf A previously announced merger creating a healthcare and life sciences real estate investment trust (REIT) valued at nearly $21 billion has been completed. Denver-based Healthpeak Properties Inc., which had a pre-merger enterprise value of about $16.32 billion, announced Friday […]
News Release: Colliers Welcomes Amwell Recovery to The Meadows in Wayne, PA
New Substance Abuse and Mental Health Recovery Center Celebrates First Location with Ceremonial Ribbon Cutting Wayne, Pennsylvania March 4, 2024 – Paul Rogers and Charlie Rogers of Colliers Healthcare are pleased to announce the official opening of Amwell Recovery’s first location in Wayne, PA, which was marked with a celebratory ribbon-cutting this month. Amwell Recovery, […]
News Release: Ventas Appoints Theodore Bigman and Joe V. Rodriguez, Jr. to Board of Directors
Enters Into Cooperation Agreement with Land & Buildings CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) today announced that its Board of Directors has appointed Theodore Bigman and Joe V. Rodriguez, Jr. to the Board, effective immediately. In connection with the appointments, which align with Ventas’s ongoing focus on Board refreshment and maintaining strong governance, the Company has […]
News Release: Easterly Asset Management Partners with Leading Investment Management Firm, Harrison Street
Strategic partnership brings a leader in alternative real assets to the private wealth market. BEVERLY, Mass.–(BUSINESS WIRE)–Easterly Asset Management (“Easterly”), a multi-affiliate platform for high-performing boutique investment managers, today announced a strategic partnership with Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with $56 billion in assets under […]
News Release: Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal and 10-Year Lease Extension
Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal and 10-Year Lease Extension With Longstanding Credit Tenant Takeda at the Alexandria Center at Kendall Square Mega Campus in Cambridge NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 04 Mar, 2024, 07:00 ET PASADENA, Calif., March 4, 2024 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), […]
News Release: Healthcare Realty Trust Announces Planned Retirement of Two Directors and 2024 Nominees
Press Release March 04, 2024 06:45 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., March 04, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced the nomination of 11 of its current 13 directors to stand for election to its Board of Directors at the Company’s annual meeting of stockholders to be […]
News Release: New Office Building Opens at Freeman (Joplin, Mo.)
March 01, 2024 Three-Story Structure Holds New Offices for Urology, Dermatology, Neurosurgery JOPLIN, Mo. – Less than two years after land was initially broken on a blustery summer day in 2022, the new Medical Office Building at 3401 W. McIntosh Circle Drive officially opened to the public Friday morning, with a ribbon cutting ceremony and […]