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News Release: Medical Properties Trust Responds to Wall Street Journal Article
April 07, 2023 06:51 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today issued a statement to address content of a Wall Street Journal article about the Company, published on April 7, 2023. The Company adheres to generally accepted accounting principles as they relate to the REIT […]
Life Sciences: Belward Campus plan finally set to move ahead
Trammell Crow gets OK for first life sciences buildings for long-awaited Maryland project By Murray W. Wolf The long-awaited development of life sciences space on the historic Belward Farm tract is finally about to move forward. The Montogomery County (Md.) Planning Board voted 5-0 on March 30 to approve Trammell Crow Company’s initial site plan […]
News Releases: Partners Real Estate arranges sale of 40,000-sq.-ft. medical office/professional building in Stafford, Texas
Apr 6, 2023 Stafford, TX, April 6, 2023 – Partners Real Estate (“Partners”), one of the largest independent commercial real estate firms in Texas, arranged the sale of a 40,000-sq.-ft. medical office/professional building on 3.4 acres of land located at 4915 South Main in Stafford, Texas. Partners’ Chris Caudill and Devin Hawkins represented the seller, […]
News Release: Pritzker Administration Announces $105 Million Investment for Southern Illinois University Edwardsville
Press Release – Thursday, April 06, 2023 Funding supports the construction of new health sciences building Southern Illinois – Governor JB Pritzker announced the investment of more than $105 million for the construction of a health sciences building and renovations to existing buildings at the Southern Illinois University Edwardsville (SIUE) campus. The funding is made […]
News Release: Stockdale Capital Partners Announces The Launch Of Its Open-Ended Healthcare Fund And Its Initial Acquisition, 2100 West 3rd Street Medical Center In Los Angeles
FOR IMMEDIATE RELEASE SCP Healthcare Real Estate Income Fund to focus on core-plus, healthcare real estate opportunities across the U.S. LOS ANGELES – April 04, 2023 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced that it completed its acquisition of 2100 West 3rd Street Medical Center in Los Angeles […]
Thought Leaders: CBRE Q4 2022 National Healthcare & Life Sciences Real Estate Investor Update
Q4 2022 National Healthcare & Life Sciences Real Estate Investor Update CBRE Download the Real Estate Investor Update Key Takeaways from the Q4 2022 Issue: Medical Office • Healthcare real estate transaction volume in Q4 2022 was recorded at $3.0 billion, in line with the $2.8 billion sold in Q3 (excluding the HR/HTA merger), but […]
Transactions: The year’s biggest MOB deal could be a foreclosure
Ventas plans to take ownership of an 88-asset medical portfolio, plus senior and hospital assets By Murray W. Wolf Most healthcare real estate (HRE) professionals seem to agree that, primarily due to higher interest rates, 2023 medical office building (MOB) sales volume will pale in comparison to recent years. So Friday’s announcement that an 88-asset […]
News Release: Meridian Purchases 18 Acres in Santa Fe, NM
FOR IMMEDIATE RELEASE: Construction Commences on 95,000 SF Medical Office Building WALNUT CREEK, Calif. – Meridian, a full-service real estate owner, operator, and developer of healthcare and life science real estate, is pleased to announce that the firm has closed escrow on the purchase of an 18-acre parcel of vacant land in Santa Fe, New […]
News Release: CareTrust REIT Grows in Texas and Expands into Kansas with New Operator
April 03, 2023 05:02 PM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired two skilled nursing facilities: AdventHealth Care Center Burleson, a 178-bed facility located in Burleson, Texas, and AdventHealth Care Center Overland Park, a 102-bed facility located in Overland Park, Kansas. The Overland Park facility represents […]
News Release: Meridian Names Mike Conn Chief Executive Officer
FOR IMMEDIATE RELEASE: WALNUT CREEK, Calif. – Meridian, a full-service real estate owner, operator and investor in high-quality, brand-enhancing healthcare and life science developments, is excited to announce a leadership change appointing former company Chief Development Officer Mike Conn to the position of Chief Executive Officer. The announcement comes as Meridian commences its 25th year […]
News Release: ProPharma Announces New Global Headquarters in Raleigh, NC as Hub for Innovation and Talent
RALEIGH, NC, April 3, 2023: ProPharma Group (ProPharma), the leading global provider of regulatory, clinical and compliance services for the life sciences industry and a portfolio company of Odyssey Investment Partners, announces the opening of a new global headquarters in Downtown Raleigh, North Carolina. ProPharma’s new global headquarters will serve as the company’s primary location […]
News Release: Orlando Neurosurgery Opens Two New Central Florida Locations
ORLANDO and WINTER GRADEN, Fla., April 3 — Orlando Neurosurgery, the oldest and largest neurosurgical practice in Central Florida, moves its flagship office to AdventHealth’s Innovation Tower in downtown Orlando, followed by the debut of the Orlando Neurosurgery Spine and Brain Center in fast-growing Winter Garden, Florida. In December, Orlando Neurosurgery moved their flagship office […]
News Release: Cypress West Partners Breaks Ground on 22,000-Square-Foot Medical Office Building in Queen Creek, AZ, Third-Fastest Growing City in the U.S.
For Immediate Release: Queen Creek, AZ (April 3, 2023) – Cypress West Partners announced the start of construction for its latest Class A medical office development in Queen Creek, AZ, ranked as the third-fastest growing city in the U.S. according to the Census Bureau. Located at the intersection of Signal Butte Road and Ocottillo Road, […]
News Release: Community Health Systems Completes Divestiture of Hospital Located in Oak Hill, West Virginia
April 03, 2023 08:00 AM Eastern Daylight Time FRANKLIN, Tenn.–(BUSINESS WIRE)–Apr. 3, 2023– Community Health Systems, Inc. (NYSE: CYH) announced today that affiliates of the Company have completed the divestiture of 25-bed Plateau Medical Center in Oak Hill, West Virginia, along with its respective assets, physician clinic operations and outpatient services to affiliates of Vandalia […]
News Release: Marcus & Millichap Arranges the Sale of a 14,213-Square Foot Office Building
PRESS RELEASES March 28, 2023 WENTZVILLE, MISSOURI, March 21, 2023 – 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 Schroeder Creek Dental, a 14,213-square-foot office property located in Wentzville, Missouri, according to David Saverin, regional manager of […]