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 […]
Thought Leaders: The headwinds facing healthcare real estate require a nimble, innovative response
By Matt Bremner At the intersection of healthcare and real estate, the landscape appears both promising and challenging for stakeholders in the industry. While the demand for healthcare services continues to rise, hospital systems face the financial strain of escalating labor and material costs, which have surged by 35-40% over an unprecedentedly short amount of […]
News Release: Healthpeak Properties to Present at the Citi 2024 Global Property CEO Conference and Publishes Updated Investor Presentation
DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: PEAK), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, announced today that Scott Brinker, its President and Chief Executive Officer, is scheduled to present at the Citi 2024 Global Property CEO Conference. The presentation is scheduled for 11:40 a.m. Eastern Time on Tuesday, March […]
News Release: Healthpeak Properties Closes Merger with Physicians Realty Trust
DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: PEAK) (“Healthpeak”) today announced that it has closed on the previously announced merger with Physicians Realty Trust. The combined company will operate under the name “Healthpeak Properties, Inc.” and is expected to begin trading under the ticker symbol “DOC” at the open of trading on The New York Stock Exchange […]
News Release: ERDMAN Welcomes Accomplished Healthcare Strategist Jim Medendorp
Madison, WI – ERDMAN, a leader in healthcare strategy, design, construction, and development, is delighted to announce Jim Medendorp has joined the firm as Managing Director of Advisory Services and a member of the Senior Leadership Team. Mr. Medendorp brings a wealth of experience and leadership to ERDMAN. Notable for his ability to drive growth, […]
News Release: Financing secured for Elk River Senior Living in Minnesota
JLL Capital Market arranged financing for the 108-unit seniors community MINNEAPOLIS, Feb. 29, 2024 – JLL Capital Markets has successfully secured financing for Elk River Senior Living, a community offering independent living, assisted living and memory care services in Elk River, Minnesota. The refinancing, facilitated through the HUD/FHA 232/223(f) program, amounts to $18,700,300 or $173,151/unit. […]
News Release: Newly Completed Silver Cross Medical Pavilion, Developed by Remedy Medical Properties and Kayne Anderson Real Estate, Wins Prestigious Award
The 41,000-square-foot medical office building will bring first-class services to the southwestern suburbs of Chicago CHICAGO, February 29, 2024 – Chicago-based healthcare real estate developer Remedy Medical Properties and its partner Kayne Anderson Real Estate today announced the completion of the new Silver Cross Orland Park Medical Pavilion for two leading Illinois-based healthcare providers, Silver […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of Brownsburg Inpatient Rehabilitation Facility for $39.0 Million
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of an inpatient rehabilitation facility located in Brownsburg, Indiana (the “Brownsburg Healthcare Facility”), for $39.0 million. The Company acquired the property from Capital […]
News Release: North River Leerink’s Successful 100 Chestnut Street Development Continues Somerville’s Growth as a Leading Life Science and Innovation Hub
ADA Forsyth Institute’s recent lease agreement for 76,000 sq. ft. at 100 Chestnut puts the North River Leerink LEED Platinum Life Science building at 90% occupancy. February 29, 2024 07:30 AM Eastern Standard Time SOMERVILLE, Mass.–(BUSINESS WIRE)–North River Leerink (NRL) proudly announces a milestone achievement in its recent real estate development venture, playing a pivotal […]
News Release: 2023 HREI Insights Awards Winners announced
FOR IMMEDIATE RELEASE Healthcare Real Estate Insights™ presents awards to the 2023 winners of the only comprehensive national program recognizing excellence in healthcare real estate PASADENA, Calif., Feb. 28, 2024 – Healthcare Real Estate Insights™ magazine has announced the Winners of the 2023 HREI Insights Awards™, the only national awards dedicated to recognizing excellence in […]
New Release: Simtra BioPharma Solutions Announces $250+ Million Investment to Expand Sterile Fill/Finish Manufacturing Site in Bloomington, Indiana
NEWS PROVIDED BY Pitch Public Relations Feb 28, 2024, 07:00 ET Expansion designed to meet customers’ growing demand and need for development services, clinical and commercial manufacturing capacity PARSIPPANY, N.J., Feb. 28, 2024 /PRNewswire/ — Simtra BioPharma Solutions (Simtra), a premier injectable contract development and manufacturing organization (CDMO), today announced a $250+ million expansion of its […]
News Release: Hammes completes Silicon Valley Surgery Center in Campbell, California
MILWAUKEE, WI – February 27, 2024 – Hammes, a nationally recognized leader in healthcare development, completed the development of a new ambulatory surgery center located at 2605 South Winchester Boulevard in Campbell, California. Silicon Valley Surgery Center is a joint venture between Surgery Ventures, powered by HCA Healthcare, and more than 50 multi-specialty physicians. The […]
News Release: Global Medical REIT Announces Fourth Quarter and Year-End 2023 Financial Results
Net Proceeds From 2023 Dispositions Used to Reduce Leverage and Position Company for Growth February 27, 2024 04:05 PM Eastern Standard Time BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician groups and […]
News Release: Sabra Reports Fourth Quarter 2023 Results; Introduces 2024 Guidanc
February 27, 2024 04:05 PM Eastern Standard Time TUSTIN, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the fourth quarter of 2023. FOURTH QUARTER 2023 RESULTS AND RECENT EVENTS Results per diluted common share for the fourth quarter of 2023 were as follows: […]
Feature Story: HRE lenders are optimistic
InterFace capital markets panelists discuss the state of lending in the space By John B. Mugford As Richard “Rich” Kelley noted, “No topic has been more discussed in commercial real estate over the past 12 months or longer than the capital markets, with much of the discussion centered on interest rates and the lack of […]