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News Release: Avison Young negotiates 45,257-sf office lease for Barton Associates in Las Vegas
Las Vegas, NV – Avison Young announced today it has negotiated a five-year, 45,257-square-foot (sf) office lease on behalf of the tenant, Barton Associates, the fourth largest locum tenens staffing company in the U.S. and its subsidiary, Barton Healthcare Staffing, a leading travel allied health and specialty nursing staffing firm. The companies will occupy the […]
Feature Story: The cloudy economy has a silver lining: higher cap rates
Last week’s InterFace Healthcare Real Estate West “State of the Industry” panel discussion included (from left to right): John Pollock of Meridian, PJ Camp of H2C, Jake Rohe of PMB, Chris Bodnar of Prescriptive Capital, Chris Morgan of Big Sky Medical and the moderator, Sushil Puria of Cushman & Wakefield. (Photo courtesy of InterFace Conference […]
Life Sciences: Bellwether firm Alexandria delivers strong Q4 results
Despite the “macro headlines,” the REIT’s execs say this is the “Golden Age of Biology” By Murray W. Wolf “Despite the macro headlines, we remain optimistic and excited for our business as we are in the early innings of the Golden Age of Biology.” That was just one of the bullish comments shared Tuesday (Jan. […]
Feature Story: Another MOB sales record: $25 billion in 2022
Despite challenges, HRE fundamentals remain strong, Revista says By John B. Mugford Perhaps James A. Schmid III, chief investment officer and managing partner with Media, Pa.-based Anchor Health Properties, summed up how many successful healthcare real estate (HRE) investment and development firms are going about their business at a time when costs and interest rates […]
News Release: Crescent Communities Announces Life Science Brand, THE YIELD, Celebrates Key Milestones at North Carolina Project
January 24, 2023 11:23 ET | Source: Crescent Communities THE YIELD leverages expertise and resources to shape innovation in the growing industry CHARLOTTE, N.C., Jan. 24, 2023 (GLOBE NEWSWIRE) — Crescent Communities, a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use communities, today announces the launch of its life science brand, THE […]
News Release: D2 Capital Advisors Arranges $8,500,000 Refinance for Vacant Office Building in Montgomery County, PA
NEWS PROVIDED BY D2 Capital Advisors Jan 25, 2023, 06:33 ET PHILADELPHIA, Jan. 25, 2023 /PRNewswire/ — D2 Capital Advisors has arranged an $8,500,000 refinancing for an 81,400 square foot office building at 1000 Campus Drive in Collegeville, PA. Working on behalf of 1000 Campus Partners LLC (an affiliate of the D2 Organization), D2 Capital Advisors’ […]
Companies: Montecito is off to a fast start in 2023
In a Q&A, CEO Chip Conk talks about the investment firm’s thoughts on the market By John B. Mugford Despite a current slowdown in medical office building (MOB) sales – due in part to rising interest rates and subsequent increases in the cost of debt, as well as other factors – one of the sector’s […]
News Release: Goldman Sachs Asset Management and Lane Partners Announce Recapitalization of Southline Phase I with Beacon Capital Partners
NEWS PROVIDED BY Goldman Sachs Asset Management; Lane Partners; Beacon Capital Partners Jan 18, 2023, 13:00 ET NEW YORK, Jan. 18, 2023 /PRNewswire/ — A joint venture between the Real Estate business within Goldman Sachs Asset Management (“Goldman Sachs”) and Lane Partners (“Lane”) today announced the completion of a recapitalization of Southline Phase I, a […]
News Release: Newmark Announces Recapitalization of 10-Property Medical Office Portfolio, Seeding a Programmatic Joint Venture Between Woodside Health and Heitman
FOR IMMEDIATE RELEASE New York, NY (January 13, 2023) — Newmark announces the recapitalization of a 10-property, 423,000-square-foot medical office portfolio that spans four states. The recapitalization will seed a joint venture between Cleveland, Ohio-based medical office building acquisition and management firm Woodside Health, LLC (“Woodside”) and an affiliate of Heitman LLC (“Heitman”), a global […]
News Release: 2022 HREI Insights Awards Finalists announced (UPDATED)
10th annual awards recognize excellence in HRE development and executive leadership MINNEAPOLIS, Jan. 18, 2023 – HREI is pleased to announce the finalists of the 2022 HREI Insights Awards, the first and only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership. The awards are presented by Minnetonka-based HREI, the […]
Transactions: Woodside, Heitman recapitalize a 423,000 s.f. portfolio
The estimated $140M deal seeds a programmatic partnership between the two firms By John B. Mugford Portfolio recapitalizations have been taking place at a rapid clip in the healthcare real estate (HRE) sector in recent years, including a record-setting 10-plus such deals in 2021. These recapitalizations are often the start, or the “seeding,” of new […]
News Release: Breakthrough Properties Unveils Plans to Create a World-Leading Research Building in Burgeoning Oxford Life Science Market
NEWS PROVIDED BY Breakthrough Properties Jan 11, 2023, 12:08 ET Trinity House by Breakthrough Development Will Include 169,000 SF of Research Labs and Offices to Address Demand for Cutting-Edge Environments Across U.K.’s Golden Triangle OXFORD, England, Jan. 11, 2023 /PRNewswire/ — Breakthrough Properties, a leading global life sciences real estate developer, today unveiled development plans […]
News Release: Remedy Medical Properties, Silver Cross Hospital, PSMG break ground for new MOB near Chicago
FOR IMMEDIATE RELEASE The Chicago-based developer and long-time partners Premier Suburban Medical Group and Silver Cross Hospital expect the medical office building, to be located in Orland Park, will open in early 2024 CHICAGO and ORLAND PARK, Ill., Jan. 11, 2023 – A partnership of Chicago-based healthcare real estate developer Remedy Medical Properties and two […]
News Release: Skanska builds life science building in Virginia, USA, for USD 83.6M, about SEK 850M
NEWS PROVIDED BY Skanska Jan 10, 2023, 02:53 ET STOCKHOLM, Jan. 10, 2023 /PRNewswire/ — Skanska has signed a contract with George Mason University to build a new life sciences and engineering building in Fairfax, Virginia, USA. The contract is worth USD 83.6M, about SEK 850M, which will be included in the US order bookings for […]
News Release: DPS Group hires Stan Orner as director of project services
Tuesday 10 January 2023 Arcadis DPS Group, a global engineering, procurement, construction management and validation firm serving high-tech process industries, today announced it has hired Stan Orner as Director of Project Services. Reporting to Senior Vice President of Project Operations Ryan McDonough, Stan will be responsible for the planning, implementation, and management of the project […]
