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January/February 2023
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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’ […]
News Release: FAU Stiles-Nicholson Brain Institute Opens In Jupiter (Fla.)
BY GISELE GALOUSTIAN | 1/19/2023 Florida Atlantic University celebrated the opening of the FAU Stiles-Nicholson Brain Institute at FAU’s John D. MacArthur Campus in Jupiter today with a ribbon-cutting ceremony. The official launch of the institute heralds a new era in neuroscience research, education and community engagement. The multimillion-dollar, 58,000-square-foot facility will serve as a […]
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: Eurofins CellTx Opening Today at the University of Arizona Tech Park
NEWS PROVIDED BY Eurofins CellTx Jan 19, 2023, 08:00 ET TUCSON, Ariz., Jan. 19, 2023 /PRNewswire/ — Eurofins CellTx, an industry leader in regulated testing services for living donor eligibility testing, announced today the official opening of its new laboratory in Tucson, AZ. The 15,000 square foot laboratory, located at the University of Arizona Tech Park, […]
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 […]
News Release: Atrium Health, Wexford Science & Technology Break Ground on Transformative Development to Advance Medicine and Innovation
School of medicine and innovation district will reshape health delivery and regional economy CHARLOTTE, N.C., Jan. 17, 2023 – Construction of the long-awaited medical school near Uptown Charlotte is officially underway. The Queen City is the nation’s largest city without a 4-year medical school. The first shovels of dirt were turned today at a ceremony […]
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 […]
News Release: Big Sky Medical, Dallas-Based Healthcare Real Estate Investment Management Firm, Breaches yet Another Texas Market
FOR IMMEDIATE RELEASE Dallas, TX (January 6, 2023) – Big Sky Medical announces the closing of Texas Tech Physicians of El Paso at Transmountain medical office building (MOB); the acquisition marks Big Sky’s first investment in the El Paso market adding to the firm’s position in the state of Texas. The property is situated due […]