Feature Story: ‘Industry icon’ named HRE Executive of the Year
Longtime leader Danny Prosky guided AHR through its most successful year yet By John B. Mugford To say the past couple of years has been a busy time for Danny Prosky would be quite an understatement. In fact, even though he and his wife, Zoe, love to travel internationally, there really hasn’t been all that […]
News Release: Robins & Morton Marks Groundbreaking of Cape Fear Valley Health Dorothea Dix Adolescent Care Facility
Press Release 02.18.25 Construction firm Robins & Morton marked the groundbreaking of the Cape Fear Valley Health Dorothea Dix Adolescent Care facility on Jan. 31 in Lillington, North Carolina. The one-story, 8,843-square-foot freestanding behavioral health center, located on the campus of Central Harnett Hospital, will include 21 inpatient beds, a group therapy room, an outdoor […]
News Release: Marcus & Millichap Arranges $12.65 Million Sale of Medical Office in Northeast Pennsylvania
FOR IMMEDIATE RELEASE EAST STROUDSBURG, Pa., Feb. 18, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of St. Luke’s Health Center, a 40,000-square-foot outpatient facility at 125 Smithfield Ln., East Stroudsburg, Pennsylvania, for $12,650,000. “Credit-tenant net […]
News Release: Sunrise Senior Living Community in Northern New Jersey trades to new investor
JLL’s Seniors Housing Capital Markets team led the sales efforts for Sunrise of Franklin Lakes, an 88-unit facility in Franklin Lakes, New Jersey MORRISTOWN, N.J., Feb. 18, 2025 – JLL Capital Markets announced today that it has completed the sale of Sunrise of Franklin Lakes, an 88-unit assisted living and memory care facility in Franklin Lakes, […]
News Release: Healing Realty Trust Announces Acquisition of Medical Plaza in Oak Lawn, IL
Jupiter, Florida–(Newsfile Corp. – February 18, 2025) – Healing Realty Trust Inc. (“Healing Realty Trust”, “HRT” or the “Company”) is a healthcare-focused real estate investment company concentrated on acquiring value-add to core-plus medical office buildings with core-like, durable cash flows, is pleased to announce the acquisition of a fully stabilized, multi-tenant medical office strip center […]
News Release: Sabra Health Care REIT, Inc. Announces Leadership Promotions
TUSTIN, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced three promotions within its leadership team. Lukas Hartwich has been promoted to Executive Vice President – Finance after previously serving as Senior Vice President – Finance. Since joining Sabra in October 2021, Mr. Hartwich has made notable contributions across […]
News Release: Echo Real Estate Capital, Inc. Acquires Two Historic Denver Medical Buildings
Chicago, IL (February 2025) – Echo Real Estate Capital, Inc. (“Echo”) announces it has acquired the Rampart Medical Campus, a two-building, 71,000 square foot medical office development located in the historic Lowry neighborhood of Denver, Colorado. This latest acquisition, located at 125 and 130 Rampart Way, is anchored by Colorado Allergy & Asthma Centers, US […]
News Release: ESI Arranges the Sale of an Ohio Skilled Nursing Portfolio
Ohio – February 6, 2025 – Evans Senior Investments (ESI) successfully arranged the sale of three skilled nursing communities in the greater Akron, Ohio area. ESI was engaged by the Ohio-based owner-operator to sell the three skilled nursing communities in order to recycle capital. The portfolio consisted of 249 skilled nursing beds and 161 seniors […]
News Release: Ryan Michaels’ Promotion to Associate Director of HREA
We are pleased to announce the promotion of Ryan Michaels to Associate Director at HREA. This well-deserved advancement marks a significant milestone in Ryan’s impressive five-year journey with our company. Throughout his tenure, Ryan has demonstrated exceptional expertise and leadership across all facets of development and investment advisory. His dedication and proficiency in supporting HREA […]
News Release: Berkadia secures $25.6M in financing for assisted living facility in Spokane, Washington
FOR IMMEDIATE RELEASE Richmond, Virginia – February 14, 2025 – Berkadia, a leader in the commercial real estate industry, announced the successful arrangement of $25.6 million in bridge financing for an assisted living facility in Spokane, Washington Earlier this month, Managing Directors Steve Muth and Austin Sacco, along with Senior Director Garrett Sacco of Berkadia […]
News Release: Indiana Orthopedic Institute Officially Opens Flagship Facility at Noblesville’s Innovation Mile
The Indiana Orthopedic Institute is the first tenant at Noblesville’s Innovation Mile. NOBLESVILLE, IN (February 14, 2025) – On Thursday, the City of Noblesville joined the Indiana Orthopedic Institute (IOI) to officially cut the ribbon on the institute’s flagship facility, a $35 million, 38,000-square-foot surgery center facility and medical office building dedicated to advanced orthopedic care, […]
News Release: NAI James E. Hanson Brings Concierge Medical Practice to West Orange, N.J Office Building
For Immediate Release West Orange, N.J. (February 13, 2025) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, has negotiated a 1,105-square-foot medical office lease at 414 Eagle Rock Avenue in West Orange, New Jersey. NAI James E. Hanson’s Team Lizzack-Horning, comprised of Darren Lizzack, MSRE and Randy Horning, […]
News Release: PMB Recognizes Outstanding Team-Member Contributions with Internal Promotions
PMB expands its Executive Partnership Team and makes internal promotions. SAN DIEGO, Feb. 13, 2025 /PRNewswire/ — PMB, a leading, purpose-driven healthcare real estate developer across the continuum of care, continues to demonstrate its commitment to elevating the healthcare experience with the expansion of its leadership team to include three new internal Partner promotions. Joining the […]
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 […]
