Feature Story: More development, higher yields
Developers discuss how to achieve those goals during InterFace HRE Carolinas conference By John B. Mugford As the business of developing healthcare real estate (HRE) facilities, including medical outpatient buildings (MOBs), has become more mainstream over the years, it has attracted more institutional capital to invest in such projects. Although this has indeed boosted the […]
News Release: Pembroke Pines (Fla.) Medical Plaza sells for $38.3 million
News release JLL Capital Markets led the sales efforts for the four-property, Class A medical complex MIAMI, June 9, 2025 – JLL Capital Markets announced today it has closed the $38.3 million sale of Pembroke Pines Medical Plaza, a four-building, 91,956-square-foot medical outpatient building complex in Pembroke Pines, Florida. JLL represented the seller, PPM Capital, LLC, […]
News Release: Encore Enterprises Doubles-Down on Dallas: Acquires Class B Commercial Medical Office Building, Reopens Corporate HQ as Owner-Occupied Tenant
Despite tough lending climate, banks’ continued struggle with commercial office portfolios, Encore secures loan on $7 million property through Cadence Bank in new relationship DALLAS–(BUSINESS WIRE)—Encore Enterprises, Inc. (Encore) today announced the acquisition of a two-story, Class B medical office building at $114 PSF with 61,356 rentable square feet, located at 16980 N. Dallas Parkway. […]
News Release: Just Closed: APAC Surgery Center
JUST CLOSED APAC Surgery Center 11456 South Broadway | Crown Point, Indiana Berkadia Medical & Life Sciences is pleased to announce the closing of APAC Surgery Center, located in Crown Point, Indiana within the Chicago MSA. Chris Lashmet, Vasili Davos, Sabrina Solomiany, Eric Lee, and George Desloge acted as exclusive advisors to the seller. Built […]
News Release: $34.115M refinancing arranged for Sacramento medical building
JLL Capital Markets led the financing efforts for SixSixty, a fully leased Class A medical asset in the heart of downtown Sacramento, California LOS ANGELES, Jun. 4, 2025 – JLL Capital Markets announced today that it has arranged a $34.115 million construction-to-perm loan for SixSixty, a Class A medical building totaling 124,076 square feet in […]
News Release: Closed: OSF Healthcare Cardiovascular Outpatient Center
The Newmark U.S. Healthcare Capital Markets team is pleased to announce the sale of the OSF Healthcare Cardiovascular Outpatient Center in Peoria, Illinois, on behalf of the seller, Cullinan Properties. The 90,000-square-foot medical outpatient building is fully leased to OSF Healthcare (Fitch rating: A+) with more than nine years remaining on the lease term. Strategically […]
News Release: Just Closed: Infantry Drive MOB (Joliet, Ill.)
JUST CLOSED Infantry Drive MOB 963 129th Infantry Dr. | Joliet, IL 60435 Berkadia Medical & Life Sciences is pleased to announce the closing of the Infantry MOB located in Joliet, IL. Chris Lashmet, Sabrina Solomiany, and Madison Strasmann acted as exclusive advisors to the group of physician owners – a regional physician group with […]
Feature Story: ‘Waiting game’ might be over for MOB sellers
Owners likely to put more assets up for sale, InterFace panelists say By John B. Mugford In what was undoubtedly a slow opening to 2025, the medical outpatient building (MOB) sales volume in the first quarter (Q1) dropped to – at least in preliminary data – a low point for the past decade. The primary […]
News Release: Kaiser Permanente purchases Maui News site
PRESS RELEASE June 3, 2025 The 6-acre property in Wailuku is near the Maui Memorial Medical Center and the Kaiser Permanente Wailuku Medical Office WAILUKU, Maui — Kaiser Foundation Health Plan has reached agreement with Maui Island Holdings, LLC to purchase the 6.28-acre Maui News campus just northwest of Maui Memorial Medical Center (which is […]
News Release: Lee Health Expands Plans for New Fort Myers Campus to Meet Growing Community Needs
In response to the rapid population growth and sustained demand for high-quality healthcare in Southwest Florida, Lee Health is expanding its plans for its new Fort Myers medical campus. Lee Health approved an additional $150.5 million investment to enhance the upcoming facility, including a new patient tower and an onsite childcare center. The expansion will […]
News Release: Intermountain Health Expanding Family Medicine and Geriatric Care for Cache County Residents with Opening of New Intermountain East Logan Clinic
LOGAN, Utah — Intermountain Health is expanding access to high-quality care in Cache Valley with the opening of the new Intermountain East Logan Clinic. Located at 550 East 1400 North on the Intermountain Logan Regional Hospital campus, the new clinic will specialize in family medicine and geriatric care. Ryan Allen, MD, who previously practiced in […]
News Release: New $664M North Tower Opens at Scripps Memorial Hospital La Jolla
First patients included newborn babies and expecting moms Marking a major medical milestone for the San Diego region, Scripps Health yesterday opened the doors to Scripps Memorial Hospital La Jolla’s new North Tower, a $664 million, 8-floor inpatient building that features comprehensive mother-baby services, advanced technology operating rooms and spacious private patient rooms designed for […]
News Release: Intermountain Health Holds Topping-Off Ceremony On 90,000-Square-Foot Badura Clinic Construction Project
LAS VEGAS – Intermountain Health caregivers today joined Martin-Harris Construction leaders and subcontractors for a ceremonial beam signing and topping-off ceremony on its first ever new build in Nevada, a 90,000-square-foot medical building that will bring critically needed health services to the southwest valley of Las Vegas. In addition to Martin-Harris Construction and HDR, Inc., […]
News Release: Omega Issues Business Update
HUNT VALLEY, Md.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) announced today that it has revised the Operator Updates slide of its investor presentation. The presentation can be found at https://www.omegahealthcare.com/investors/news-events/presentations. The revised Operator Updates slide is on page 9 of the presentation. Omega is a real estate investment trust that invests in the long-term healthcare […]
News Release: Diversified Healthcare Trust Closes $94 Million of Mortgage Financings Secured by Six SHOP Communities
Financing Proceeds and Cash on Hand Will Repay in Full the Remaining Outstanding June 2025 Senior Notes NEWTON, Mass.–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has closed two fixed rate mortgage financings totaling $94.3 million, secured by six senior housing communities managed by Five Star Senior Living, the operating division of AlerisLife […]
