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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Archives: 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 […]
Transactions: HR continues aggressive asset sales
Healthcare Realty strikes several more deals as it pushes portfolio optimization By Murray W. Wolf Although medical outpatient building (MOB) sales volume has been historically slow during the past couple of years, the market has been enlivened by Healthcare Realty Trust (NYSE: HR), which has been pursuing an aggressive strategy of asset sales and joint […]
News Release: Blanca Commercial Real Estate Expands Healthcare Division with the Appointment of Talia Abad as Associate Vice President
Abad to specialize in tenant and landlord representation within Blanca CRE’s growing healthcare portfolio, which spans nearly 2 million square feet across Miami-Dade and Broward counties MIAMI, FL (January 24, 2025) – Blanca Commercial Real Estate, Florida’s leading independently owned commercial real estate services firm, is pleased to announce the appointment of Talia Abad as […]
News Release: Marcus & Millichap Closes $25.35 Million Medical Office Asset Sale in Northwest Florida
FORT WALTON BEACH, Fla., Jan. 22, 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 a 46,992-square-foot medical office building in Fort Walton Beach, Florida. The property sold for $25.35 million. “The property is 100% occupied by […]
News Release: JLL Seniors Housing Capital Markets Team completes sale and financing for trophy asset in prized Palm Beach County
Wellington Bay is a 45-acre, luxury seniors living campus in South Florida MIAMI, Jan. 23, 2025 – JLL Capital Markets announced today that it has closed the sale and arranged the financing for Wellington Bay, a 283-unit seniors housing community in Wellington, Florida. JLL’s Seniors Housing Capital Markets team procured the buyer, AEW Capital Management, and secured the […]
News Release: Catalyst and Heitman Break Ground on a New Inpatient Rehabilitation for PAM Health
PENSACOLA, FL – [catalysthre.com]Catalyst Healthcare Real Estate (Catalyst), a healthcare real estate development and investment firm, has partnered with Heitman, a $50 billion global real estate investment management firm, to construct a 50,737-square-foot Inpatient Rehabilitation Hospital (IRH) for PAM Health. Construction is already underway on PAM Health Rehabilitation Hospital of Wiregrass Ranch, which is across […]
