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News Release: Montecito Acquires New Medical Office Building Connected to Methodist Healthcare in San Antonio
FOR IMMEDIATE RELEASE May 13, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a new medical office building in the San Antonio area whose tenants include the market’s dominant health system and two market-leading specialty providers. The property, located in the affluent […]
News Release: Kraus-Anderson begins $8 million Ambulatory Surgery Center in Tucson, AZ
Kraus-Anderson and MedCraft team to build Ambulatory Surgery Center at TMC HealthCare’s Rincon campus in Tucson, Ariz. TUSCON, Ariz. (May 2021) – Kraus-Anderson has begun construction on a state-of-the-art Ambulatory Surgery Center at TMC HealthCare’s Rincon campus located at 10360 Drexel Road in Tucson, Ariz. TMC HealthCare and MedCraft Healthcare Real Estate, a national health care real […]
News Release: Echo Development Acquires Texas Medical Office Building
FOR IMMEDIATE RELEAS Echo Development Group, Inc. Acquires Medical Office Building in Rowlett, Texas Chicago, IL (May 2021) – Echo Development Group, Inc. announces it has acquired a medical office building anchored by the Baylor Scott & White Health. The property is 15,500 square feet and is located at 7801 Lakeview Parkway in Rowlett, Texas – […]
News Release: Steward Health Care To Build New $227 Million Wadley Regional Medical Center In Northwest Texarkana
Southwest General Hospital To Become Texas Vista Medical Center Medical campus spanning nearly 400,000 square feet will bring full suite of state-of-the-art technology and services to region by Summer 2024 Texarkana, Texas (May 11, 2021) – Having served the Texarkana community for more than 120 years, Wadley Regional Medical Center will soon break ground on […]
Healthpeak makes $371 million, 14-MOB, 833,000 square foot portfolio acquisition
The seller was not disclosed, but industry sources say it was Harrison Street By John B. Mugford In a significant deal that took place in recent weeks, Denver-based Healthpeak Properties Inc. (NYSE: PEAK) on April 30 acquired a 14-property, 833,000 square foot medical office building (MOB) portfolio for $371 million. News of the purchase surfaced […]
Feature Story: MOB sales slowed in Q1, but it’s still early for 2021
Revista principals share data on sales, construction, leasing and more By John B. Mugford After the medical office building (MOB) sales volume rallied in late 2020 to finish off what could be considered a surprisingly strong 2020 – considering that COVID-19 pandemic started early in the year – 2021 is not necessarily off to a […]
Feature Story: Kind words for MOBs, life sciences
ULI session praises the ‘durable cash flows’ of ‘alternative’ product types By Murray W. Wolf As part of the virtual version of the 2021 ULI Spring Meeting, the Health Care and Life Sciences Council (HCLSC) is scheduled to hold several Zoom meetings next week. But healthcare and life sciences were already being talked about this […]
News Release: NHI Announces First Quarter 2021 Results
Monday, May 10, 2021 4:30 PM MURFREESBORO, TN / ACCESSWIRE / May 10, 2021 / National Health Investors, Inc. (NYSE:NHI) announced today its results for the three months ended March 31, 2021. Financial Results Net income attributable to common stockholders per diluted common share for the three months ended March 31, 2021 was $0.78, a decrease […]
News Release: Newmark Completes $55.2 Million Sale of Andover Medical Center in Andover, MA
FOR IMMEDIATE RELEASE Boston, MA (May 10, 2021) — Newmark announces the $55.2 million sale of Andover Medical Center, a trophy medical office complex located in the Boston suburb of Andover, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert Griffin, Executive Managing Director Frank Nelson, Senior Managing Director Michael Greeley, Director Blake McLaughlin and Associate […]
News Release: Anchor Health Properties Commences Construction on a 100,000 Square Foot Behavioral Health Inpatient Hospital
FOR IMMEDIATE RELEASE May 10, 2021 (Media, PA) – In an effort to increase accessibility to comprehensive behavioral health services, Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, and The MetroHealth System (MetroHealth), a nationally ranked non-profit, public health care system located in […]
News Release: RealSource Launches New Investment Sales Division and Names Austin Blodgett as Vice President
FOR IMMEDIATE RELEASE: RealSource Launches New Investment Sales Division and Names Austin Blodgett as Vice President NEWPORT BEACH, Calif. – RealSource Group, a commercial real estate brokerage company focused on healthcare, retail and educational properties nationwide and trailblazer of the national master brokerage platform, announced today the launch of its new investment sales division. Austin […]
News Release: Cushman & Wakefield’s Healthcare Capital Markets Team Closes Sale of Anderson Ferry Plaza (Cincinnati)
For Immediate Release $4.2M Sale of Well-Located MOB in Cincinnati Suburbs CHICAGO, May 7, 2021 – Cushman & Wakefield announced today that the firm’s Healthcare Capital Markets team has completed the $4.2 million sale of Anderson Ferry Plaza, a 43,599-square-foot medical office building (MOB) in Cincinnati, Ohio. Cushman & Wakefield Managing Directors Gino Lollio, Scott […]
News Release: Flagship Healthcare Properties Expands Presence In Tennessee
Manages Two More Medical Office Buildings in Knoxville, Enters Nashville Market NEWS PROVIDED BY Flagship Healthcare Properties, LLC May 07, 2021, 09:00 ET CHARLOTTE, N.C., May 7, 2021 /PRNewswire/ — Flagship Healthcare Properties (Flagship) has been retained to manage three medical office buildings (MOBs) in Knoxville and Nashville, Tennessee, bringing the total to five properties in […]
News Release: Ventas Reports 2021 First Quarter Results
May 07, 2021 06:55 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the first quarter ended March 31, 2021. “Our strong, diverse and high-quality portfolio delivered better than expected financial results in the first quarter, driven by outperformance in our Senior Housing Operating Portfolio (“SHOP”) and […]
News Release: Occupancy at U.S. skilled nursing facilities shows signs of stabilization
February NIC MAP® Data Tick Upward May 6, 2021, 4:30 ET — Occupancy at U.S. skilled nursing facilities increased to 71.2 percent in February 2021 compared to 70.7 percent from the previous month, according to NIC MAP® data prepared and released by NIC MAP Vision. This brought the occupancy rate back to its December 2020 […]