Project Case Study: New ACC staves off the competition
NexCore project solidifies Colorado system’s status as ‘preferred’ provider By John B. Mugford Located at an elevation of more than a mile and offering striking views of the San Juan Mountains and other peaks, Montrose is a scenic western Colorado town in an area known as the Western Slope. The remote but growing community of […]
News Release: Healthpeak Properties Announces Leadership Update
DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: DOC) (the “Company”), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, announced that Peter Scott has resigned as the Company’s Chief Financial Officer to assume the role of Chief Executive Officer of Healthcare Realty Trust Incorporated (NYSE: HR). “We thank Pete for his eight […]
News Release: Healthcare Realty Names Peter A. Scott President and Chief Executive Officer
April 07, 2025 06:45 ET Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., April 07, 2025 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) (“Healthcare Realty” or the “Company”) today announced that its Board of Directors (“Board”) has unanimously appointed Peter A. Scott to be the Company’s President and Chief Executive Officer following an extensive and […]
News Release: White-Spunner Breaks Ground on Infirmary Health’s Surgery Center
White-Spunner Construction is proud to announce the groundbreaking of a new 95,000-square-foot Medical Office Building and Ambulatory Surgery Center in Malbis, Alabama, for the Infirmary Health System. Our successful pursuit of this project, amidst three strong competitors, highlights White-Spunner Construction’s trusted reputation and proven expertise in the healthcare market sector. The state-of-the-art, two-story facility will […]
News Release: McCarthy Building Companies Celebrates Topping Out at CommonSpirit’s CHI Memorial Hospital
McCarthy Building Companies, Inc. recently topped out at CHI Memorial Hospital Georgia, a member of CommonSpirit, in Catoosa County, Georgia. The 134,000-square-foot project broke ground in March 2024 and is scheduled to open in January 2026. The $126 million project budget covers all aspects of the new hospital, from construction and infrastructure to interior furnishings […]
News Release: Older Adults Seek Senior Housing at Record Rate
Boston, Baltimore and Cincinnati record highest occupancy rates; Houston, Miami and Atlanta have lowest rates—with all markets exceeding 80% occupancy Annapolis, Md.—Senior housing occupancy rates in the United States increased 0.3 percentage points, from 87.1% occupied in the fourth quarter of 2024 to 87.4% in the first quarter of 2025, according to the National Investment […]
News Release: UCLA Health signs 22,224 SF lease renewal in Santa Monica, California
JLL represents landlord in transaction at medical office building LOS ANGELES, April 4, 2025 – Confirming demand for well-located medical office properties in the Los Angeles area, JLL announced today that it has signed UCLA Health to a 22,224-square-foot lease renewal at a three-story 54,930 -square-foot medical office building located at 2825 Santa Monica Boulevard […]
News Release: First Citizens Bank Provides $53.5 Million in Refinancing to Birmingham, AL Medical Office Facility with Rethink Healthcare Real Estate
NEW YORK, N.Y. — April 1, 2025 — First Citizens Bank today announced that its Healthcare Finance business provided $53.5 million in financing to an affiliate of Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza II in Birmingham, AL. Newly constructed in 2022, Grandview Plaza II covers over 140,000 square feet and is located […]
News Release: JLL Income Property Trust Acquires Chicago Area Medical Outpatient Facility
CHICAGO, April 3, 2025 — JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today the acquisition of Naperville Medical Center, a high quality, newly converted single story medical outpatient building in the Chicago suburb of Naperville, IL for a purchase price of approximately $16.3 million. Naperville Medical Center totals 39,500 […]
News Release: JLL Income Property Trust Acquires Chicago Area Medical Outpatient Facility
CHICAGO, April 3, 2025 /PRNewswire/ — JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today the acquisition of Naperville Medical Center, a high quality, newly converted single story medical outpatient building in the Chicago suburb of Naperville, […]
News Release: RX Health & Science Trust Sells Class A Medical Property in Naperville, Illinois to Global Investment Firm
RX Health & Science Trust Retained for Property Management Services Chicago, March 31, 2025 – A global investment firm has acquired a 39,448 square foot medical office property located at 1508 Aurora Avenue in Naperville, Illinois and has retained RX Health & Science Trust (RXHST) to continue providing property management services. The property is100% leased […]
News Release: Berkadia Announces Sale of Five-Property Seniors Housing Portfolio
Detroit, Michigan – April 3, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of a portfolio of five independent living communities located throughout the Detroit metropolitan area. Berkadia Seniors Housing & Healthcare, led by Senior Director Brooks Minford, closed the 631-unit transaction on behalf of a local […]
News Release: McCarthy Building Companies, Inc. and HOK Break Ground on $145M Kedren Children’s Village
McCarthy Building Companies, Inc. (McCarthy) one of the largest and most diversified construction companies in America for over 160 years and HOK, a global architecture firm and leader in healthcare design, today announced the groundbreaking of Kedren Children’s Village for Kedren Community Health Center Inc. in the Watts neighborhood of Los Angeles. When complete, the […]
News Release: Continuum Advisors Closes Five-Property Senior Housing Portfolio Sale in Florida
Tampa-based team exceeds $1.4 billion in national distressed transactions, latest closing highlights firm’s specialty in executing complex deals that maximize value TAMPA, March 31, 2025 – Continuum Advisors (“Continuum”), a national senior housing investment sales and advisory firm based in Tampa, today announced the sale of a five-property senior living portfolio in Florida, with rental […]
News Release: HealthPartners opens new specialty center in Woodbury
WOODBURY, Minn. (April 2025) – HealthPartners Specialty Center Woodbury is now open. Kraus-Anderson (KA) provided construction management for the nearly 56,000-square-foot facility located off Interstate 94 and Radio Drive. KA’s history with HealthPartners dates back to 1974. The multilevel specialty center was designed with patients in mind and offers 13 medical specialties, including allergy and […]
