News Release: Berkadia Completes Sale and Secures Acquisition Financing for Class A Senior Living in Austin, Texas
Austin, Texas – January 28, 2025 – Berkadia Seniors Housing & Healthcare announced today the successful sale and financing of a premier Class A senior living community located in Austin, Texas. The independent living, assisted living, and memory care property was built in 2016 and expanded in 2019. Managing Directors Dave Fasano, Ross Sanders, Cody […]
News Release: Nevada skilled nursing facility trades for $33M
JLL Capital Markets led the sales efforts for Coronado Ridge Skilled Nursing and Rehabilitation Center, representing one of the highest prices per bed in the state LAS VEGAS, Jan. 28, 2025 – JLL Capital Markets announced today that it has completed the $33 million sale of Coronado Ridge Skilled Nursing and Rehabilitation Center (formerly known as […]
News Release: UNC Health, Duke Health Partner to Build NC’s First Stand-alone Children’s Hospital
DURHAM and CHAPEL HILL, N.C. – UNC Health and Duke Health, two of the world’s top academic health systems, are uniting to create a new children’s health system in North Carolina, featuring the state’s first freestanding hospital dedicated to caring for kids. The two institutions filed articles of incorporation today with the State of North […]
News Release: SMH Board Approves $450M, Sumter Site for North Port’s First Hospital
SARASOTA, Fla. (Jan. 28, 2025) – The Sarasota County Public Hospital Board approved a $450 million plan today to build North Port’s first hospital on North Sumter Boulevard in North Port. The 6-story, 100-bed hospital will be built on an undeveloped 32-acre parcel SMH owns in the 4900 block of North Sumter Boulevard near I-75. […]
News Release: GE Johnson is Now DPR Construction
Integration Strengthens Regional Presence and Resources for Customers; Preserves GE Johnson Legacy of Community Support and Building Ingenuity DENVER (Jan. 27, 2025) – DPR Construction, a leading national self-performing general contractor specializing in technically complex and sustainable projects, today announced that GE Johnson Construction Company will officially operate under the DPR Construction brand moving forward. […]
News Release:BMO Healthcare Real Estate Finance provides a $28.4 Million Term Loan for UDLR Healthcare
Chicago – BMO’s Healthcare Real Estate Finance group announces that it has closed on a $28.4 million term loan with UDLR to finance a portfolio of three medical outpatient buildings (the “Portfolio”). The Portfolio totals approximately 269,000 square feet and includes a 92,000 square foot MOB on the campus of Banner Thunderbird Hospital in Glendale, […]
News Release: NIC MAP Unveils New Name, Reinforcing Leadership in Senior Housing Data
‘Vision for tomorrow. Data for today.’ Underscores history of client-focused innovation and trusted intelligence RALEIGH, N.C.–(BUSINESS WIRE)—NIC MAP, the intelligence partner trusted to power the senior living industry, debuted its new, streamlined name, tagline and logo. This change reflects the company’s ongoing commitment to providing purpose-built, market-specific data and advanced intelligence exclusively for senior housing […]
Project Case Study: From Masonic to medical in Oakland, Calif.’s ‘Pill Hill”
Longtime HRE firm Meridian converts the facility into a 60,000 square foot med facility By John B. Mugford On the surface, it might have looked like a bit of a gamble for a well-known healthcare real estate (HRE) firm to acquire a half-century-old, vacant, former Masonic Hall in Oakland with the intention of repurposing it […]
News Release:Terravet Real Estate Solutions Expands into Atlanta Metro Area with $5.37 Million Acquisition of Three Veterinary Facilities
BALA CYNWYD, Pa.–(BUSINESS WIRE)–Terravet Real Estate Solutions, a leading real estate group specializing in veterinary properties, has expanded into the Atlanta metro area with a $5.37 million acquisition of three premier veterinary and pet care facilities in Peachtree City and Fairburn, Georgia. This strategic investment marks a significant milestone for Terravet, expanding its footprint into […]
News Release: New Campus Groundbreaking: A Celebration of Innovation and Community
A momentous groundbreaking event celebrated the start of construction at Lee Health’s new state-of-the-art healthcare campus in Fort Myers. Community leaders, healthcare professionals, and residents gathered at the 53-acre site located at the intersection of Colonial and Challenger Boulevards. The event marks the beginning of a transformative journey to enhance healthcare access and specialty services […]
News Release: Hanley Investment Group Arranges Sale of New Construction 9,000 SF Pacific Dental Services-Anchored Multi-Tenant Retail Pad at Anatolia Marketplace in Rancho Cordova, Calif., for $6.08 Million
RANCHO CORDOVA, Calif. – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a new construction, 9,000-square-foot multi-tenant retail pad, Shops II, at the new Anatolia Marketplace shopping center in Rancho Cordova, California, an affluent […]
January/February 2025
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Companies & People: Todd J. Meredith steps down
Healthcare Realty became the largest MOB REIT under his leadership By John B. Mugford The nation’s largest owner of medical outpatient buildings (MOBs) is looking for a new leader. On Nov. 12, Healthcare Realty Trust Inc. (NYSE: HR) announced the resignation of Todd J. Meredith, the president and CEO since 2016 and a 23-year employee […]
