Companies & People: Stonemont is on a roll
Long-time investor launched its HRE unit with the hiring of Matt Stone in 2021 By John B. Mugford A somewhat new name has been making medical outpatient building (MOB) acquisitions and starting new development projects over the past four years or so, with quite a bit of activity in the past six months or so. […]
News Release: NYU Langone Health Announces Plans for a State-of-the-Art Academic Medical Center in Melville
As part of its comprehensive strategy to expand access to the highest-quality care across Long Island, NYU Langone Health today announced plans to build a world-class, state-of-the-art academic medical center in Melville, near the border of Nassau and Suffolk Counties. The new campus will include a modern hospital with more than 500 private inpatient rooms, […]
News Release: Advocate Health Care Breaks Ground on $300M State-of-the-Art Hospital on Chicago’s South Side
New hospital part of historic $1B community investment to improve health and wellness CHICAGO, June 2, 2026 – Advocate Health Care marked a major milestone in its long-term commitment to Chicago’s South Side with the groundbreaking of a new, $300 million, state-of-the-art community hospital at the former U.S. Steel South Works site near the lakefront. […]
News Release: FTC Requires Divestiture of Ambulatory Surgery Centers to Protect Patients from Anticompetitive Effects of Ascension Health-AmSurg Deal
Proposed FTC order seeks to protect Americans from higher surgery costs, lower quality care The Federal Trade Commission took action to protect American patients from higher outpatient surgery costs by requiring national nonprofit health system Ascension Health Alliance (Ascension) to divest several surgery center facilities to complete its proposed $3.9 billion acquisition of AmSurg LLC. […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate Acquire Tennessee Oncology Proton Center
FOR IMMEDIATE RELEASE Franklin, TN — June 1, 2026 — Remedy Medical Properties (“Remedy”) and Kayne Anderson Real Estate today announced the acquisition of Tennessee Oncology Proton Center, a 48,776-square-foot proton therapy facility. Built in 2018, the facility includes three treatment rooms and capacity to treat up to 90 patients per day. The property is […]
For Sale: Reservoir District MOB Development :: New Development Opportunity Adjacent to 3 Market-Leading Acute Care Hospitals
Reservoir District MOB Development Parcel 3: 10 Lower Service Ct NW I Washington, DC, 20001 CBRE New Development Opportunity Adjacent to 3 Market-Leading Acute Care Hospitals Children’s National, Main Hospital MedStar Washington Hospital Center Department of Veterans Affairs RENDERING ADDRESS: Parcel 3: 10 Lower Service Ct NW, Washington, DC, 20001 PROPOSED GROSS MEASUREMENT: 173,000 RSF […]
News Release: Berkadia Arranges Sale of Class-A Senior Living Community in Greater Houston to Town Lane and Arcole Partners
League City, Texas – June 1, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Grand Living at Tuscan Lakes, a Class-A full acuity senior living community in League City, Texas, approximately 30 miles southeast of downtown Houston, to Town Lane and Arcole Partners. Bow River Capital, […]
News Release: Murray Hill Medical Office Building refinanced
JLL Capital Markets led the financing efforts for the 48,312 SF property in New Providence, New Jersey MORRISTOWN, N.J., June 1, 2026 – JLL Capital Markets announced today that it has arranged financing for Murray Hill Medical Office Building, a 48,312-square-foot property in New Providence, New Jersey. JLL worked on behalf of the borrower, MEARJ Properties, […]
News Release: HSG Medical and Capital Healthcare Properties Complete $23.4 Million Sale of Advocate Health Cardiovascular ASTC & Outpatient Center in Naperville, Illinois
CHICAGO, IL (June 1, 2026) — HSG Medical and Capital Healthcare Properties have closed on a $23.4 million sale of the Advocate Health Care Cardiovascular ASTC & Outpatient Center, located at 1836 Freedom Drive in Naperville, Illinois. The 42,438-square-foot, single-tenant medical facility was sold directly to Advocate Health and Hospitals Corporation, a wholly owned subsidiary […]
News Release: Echo Real Estate Capital, Inc. Acquires Two South Carolina MOBs
Chicago, IL (May 2026) – Echo Real Estate Capital, Inc. (“Echo”) announces it has acquired the Landmark Medical Park a two-building, 150,000 square foot medical office campus located in the historic Forest Acres neighborhood of Columbia, South Carolina. This latest acquisition, located at 3600 and 3700 Forest Drive, is anchored by Prima Health, the Medical […]
News Release: Murray Hill Medical Office Building refinanced
JLL Capital Markets led the financing efforts for the 48,312 SF property in New Providence, New Jersey MORRISTOWN, N.J., June 1, 2026 – JLL Capital Markets announced today that it has arranged financing for Murray Hill Medical Office Building, a 48,312-square-foot property in New Providence, New Jersey. JLL worked on behalf of the borrower, MEARJ Properties, […]