News Release: KLNB Completes Sale of Northern Virginia Medical Office Building
– Capital Markets Team Secures Second Medical Office Sale in Less Than One Month – KLNB, the Mid-Atlantic region’s largest privately-held CRE brokerage, has successfully negotiated the $7,850,000 sale of a 54,085-square-foot Medical Office Building (MOB) located at 8500 Executive Park Avenue in Fairfax, Virginia. Principal Joe Friedman and Associate Josh Norwitz of the KLNB Capital Markets team represented […]
News Release: CareTrust REIT Announces Fourth Quarter & Full Year 2024 Operating Results
Conference Call Scheduled for Thursday, February 13, 2025 at 1:00 pm ET February 12, 2025 04:10 PM Eastern Standard Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter and year ended December 31, 2024, as well as other recent events. For the quarter, CareTrust REIT reported: Investments of $696.5 […]
News Release: Ventas Reports 2024 Full Year Results, Provides 2025 Outlook and Increases Dividend
February 12, 2025 04:10 PM Eastern Standard Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the full year and fourth quarter ended December 31, 2024. CEO Remarks “Ventas delivered strong financial performance and growth in the fourth quarter and full year 2024 as we executed on our strategy to […]
News Release: MONTICELLOAM, LLC Arranges $115M Bridge Financing for Long Island Seniors Housing Communities
MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, announced the financing of a $115,000,000 senior bridge loan for a portfolio of assisted living and memory care communities in Long Island, New York. A repeat MonticelloAM client, the sponsorship group plans to utilize proceeds from the $115 million financing to acquire the […]
News Release: Frampton Construction Breaks Ground on New MUSC Medical Facility in Bluffton, South Carolina
BLUFFTON, S.C. (Feb. 12, 2025) — Frampton Construction Company, a full-service firm providing planning and design support, preconstruction, and construction services, is building Medical University of South Carolina’s (MUSC) newest state-of-the-art medical office building in Bluffton, South Carolina. The 54,000-square-foot MUSC Health Bluffton Medical Pavilion, located at 700 Buckwalter Towne Boulevard, is set to become […]
