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Feature Story: ‘Industry icon’ named HRE Executive of the Year
Longtime leader Danny Prosky guided AHR through its most successful year yet By John B. Mugford To say the past couple of years has been a busy time for Danny Prosky would be quite an understatement. In fact, even though he and his wife, Zoe, love to travel internationally, there really hasn’t been all that […]
News Release: Robins & Morton Marks Groundbreaking of Cape Fear Valley Health Dorothea Dix Adolescent Care Facility
Press Release 02.18.25 Construction firm Robins & Morton marked the groundbreaking of the Cape Fear Valley Health Dorothea Dix Adolescent Care facility on Jan. 31 in Lillington, North Carolina. The one-story, 8,843-square-foot freestanding behavioral health center, located on the campus of Central Harnett Hospital, will include 21 inpatient beds, a group therapy room, an outdoor […]
News Release: Marcus & Millichap Arranges $12.65 Million Sale of Medical Office in Northeast Pennsylvania
FOR IMMEDIATE RELEASE EAST STROUDSBURG, Pa., Feb. 18, 2025 – 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 St. Luke’s Health Center, a 40,000-square-foot outpatient facility at 125 Smithfield Ln., East Stroudsburg, Pennsylvania, for $12,650,000. “Credit-tenant net […]
News Release: Echo Real Estate Capital, Inc. Acquires Two Historic Denver Medical Buildings
Chicago, IL (February 2025) – Echo Real Estate Capital, Inc. (“Echo”) announces it has acquired the Rampart Medical Campus, a two-building, 71,000 square foot medical office development located in the historic Lowry neighborhood of Denver, Colorado. This latest acquisition, located at 125 and 130 Rampart Way, is anchored by Colorado Allergy & Asthma Centers, US […]
News Release: Ryan Michaels’ Promotion to Associate Director of HREA
We are pleased to announce the promotion of Ryan Michaels to Associate Director at HREA. This well-deserved advancement marks a significant milestone in Ryan’s impressive five-year journey with our company. Throughout his tenure, Ryan has demonstrated exceptional expertise and leadership across all facets of development and investment advisory. His dedication and proficiency in supporting HREA […]
News Release: Berkadia secures $25.6M in financing for assisted living facility in Spokane, Washington
FOR IMMEDIATE RELEASE Richmond, Virginia – February 14, 2025 – Berkadia, a leader in the commercial real estate industry, announced the successful arrangement of $25.6 million in bridge financing for an assisted living facility in Spokane, Washington Earlier this month, Managing Directors Steve Muth and Austin Sacco, along with Senior Director Garrett Sacco of Berkadia […]
News Release: NAI James E. Hanson Brings Concierge Medical Practice to West Orange, N.J Office Building
For Immediate Release West Orange, N.J. (February 13, 2025) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, has negotiated a 1,105-square-foot medical office lease at 414 Eagle Rock Avenue in West Orange, New Jersey. NAI James E. Hanson’s Team Lizzack-Horning, comprised of Darren Lizzack, MSRE and Randy Horning, […]
News Release: CareTrust REIT Announces Fourth Quarter & Full Year 2024 Operating Results
Conference Call Scheduled for Thursday, February 13, 2025 at 1:00 pm ET February 12, 2025 04:10 PM Eastern Standard Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter and year ended December 31, 2024, as well as other recent events. For the quarter, CareTrust REIT reported: Investments of $696.5 […]
News Release: Ventas Reports 2024 Full Year Results, Provides 2025 Outlook and Increases Dividend
February 12, 2025 04:10 PM Eastern Standard Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the full year and fourth quarter ended December 31, 2024. CEO Remarks “Ventas delivered strong financial performance and growth in the fourth quarter and full year 2024 as we executed on our strategy to […]
Feature Story: ‘Floodgates’ for MOB sales could open in 2025
After a ‘muted’ 2024, Revista panelists say a turnaround could happen By John B. Mugford While medical outpatient building (MOB) occupancy and rental rates continue to rise throughout the country’s top 50 markets, the news that many professionals involved in the sector would like to hear is that the transactional volume is on the rise. […]
Feature Story: A man of integrity and principles
Cornerstone Companies founder Bob Whitacre of was a pioneer of physician partnerships By John B. Mugford After J. Taggart Birge was finally hired – on his second try – to join the small team at Cornerstone Companies, an Indianapolis-based firm that had been developing medical outpatient buildings (MOB) for physician groups for the previous 24 […]
News Release: Atkins Companies Acquires 150,000-Square-Foot Fair Lawn, N.J. Medical/Professional Office Building
For Immediate Release Firm brings property to 100% occupancy upon acquisition Fair Lawn, N.J. (February 10, 2025) – Atkins Companies, a leading multigenerational commercial real estate development, investment and property management firm, has acquired a 150,000-square-foot medical/professional office building located at 17-17 Route 208 in Fair Lawn, New Jersey for $22M. Upon the acquisition, Atkins […]
News Release: Elliott Bay Acquires MOB in Little Rock, AR
SEATTLE — A partnership between Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, and its partner Pantheon, a leading global private markets investor, today announced it has acquired a net leased medical outpatient property in Little Rock, AR. The property is leased to American Oncology Network, one […]
News Release: Pushing the boundaries of healthcare real estate
HREI announces the winners of the 12th annual HREI Insights Awards FOR IMMEDIATE RELEASE PALM BEACH GARDENS, Fla. – Healthcare Real Estate Insights™ has announced the Winners of the 2024 HREI Insights Awards™, the only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership. The awards […]
News Release: BayCare Acquisition Expands Tampa Campus by More Than 75%
February 04, 2025 BayCare has acquired a 36-acre office parcel in the Tampa Bay Park which includes three buildings and two parking garages adjacent to St. Joseph’s, St. Joseph’s Children’s and St. Joseph’s Women’s hospitals. BayCare, West Central Florida’s largest health care provider, announced Tuesday that it had acquired a 36-acre office parcel just west […]
