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News Release: $88,000,000 Surgical Hospital and Medical Office Building Sale

News Release: $88,000,000 Surgical Hospital and Medical Office Building Sale

Fairfield Advisors announces sale of Ascension / St. Vincent Surgical Hospital and MOB in Newburgh, IN. – $88,000,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the St. Vincent’s (Ascension Health) Surgical Hospital and Medical Office Building in Newburgh, IN. The […]

News Release: Cambridge Hires New Executives

News Release: Cambridge Hires New Executives

FOR IMMEDIATE RELEASE Healthcare Real Estate Developer Cambridge Holdings Hires Key Executives Dallas, Texas, July 14 2021 – Dallas-based Cambridge Holdings Incorporated has hired Chad Pinnell and Charlotte Brown, both seasoned executives with extensive relationships and experience in healthcare related sales, as Senior Vice Presidents of Client Engagement. They will help expand Cambridge’s nationwide reach […]

News Release: Xchange Medical in St. Louis Park, Minn., is now almost 90 percent pre-leased

News Release: Xchange Medical in St. Louis Park, Minn., is now almost 90 percent pre-leased

Davis says OVO Lasik + Lens ophthalmology clinic and surgery center will occupy a portion of the first floor of the suburban Minneapolis facility, which will be completed this fall ST. LOUIS PARK and MINNEAPOLIS, Minn., July 14, 2021 – The 78,000-square-foot, Class A Xchange Medical building Davis is developing in St. Louis Park just […]

News Release: Mortenson and Seavest top out Providence MOB and Wellness Center in suburb of Portland, Ore.

News Release: Mortenson and Seavest top out Providence MOB and Wellness Center in suburb of Portland, Ore.

The two-story, 118,060-square-foot MOB and wellness center at Reed’s Crossing will provide a full complement of healthcare services to the growing South Hillsboro community HILLSBORO, Ore., July 14, 2021 – Seavest Healthcare Properties and Mortenson topped out construction of a medical office building (MOB) project for Providence in Hillsboro, 12 miles west of downtown Portland. […]

News Release: Provider Real Estate Partners Announces Two Property Acquisitions

News Release: Provider Real Estate Partners Announces Two Property Acquisitions

Company completes two deals in inaugural fund NEWS PROVIDED BY Provider Real Estate Partners Jul 14, 2021, 08:32 ET CLEVELAND, July 14, 2021 /PRNewswire/ — Provider Real Estate Partners, a dedicated investor in medical office properties nationwide, completed the acquisition of two medical office buildings in Little River, South Carolina and Las Cruces, New Mexico. The […]

Transactions: Hammes buys an ortho hospital near Evansville, Ind., for $88M

Transactions: Hammes buys an ortho hospital near Evansville, Ind., for $88M

Region’s largest ortho group sold the 135,000 s.f. facility; Fairfield Advisors brokered the sale By John B. Mugford With pricing for healthcare facilities continuing to rise, physician groups are taking notice. And while many are starting to look into selling, or “monetizing,” their real estate assets and re-investing the proceeds into their businesses in any […]

News Release: Capital Square 1031 Acquires Purpose-Built Neuro-Rehabilitation Facility Near Dallas in All-Cash Transaction

News Release: Capital Square 1031 Acquires Purpose-Built Neuro-Rehabilitation Facility Near Dallas in All-Cash Transaction

FOR IMMEDIATE RELEASE The acquisition is on behalf of a Delaware statutory trust investment offering that seeks to raise $18.834 million in equity from accredited investors DALLAS (July 13, 2021) Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced today the acquisition of a […]

News Release: Caremax Enters Into Exclusive Agreement With Related Companies to Support Caremax in Opening Medical Centers in Senior Affordable Housing Throughout the U.S.

News Release: Caremax Enters Into Exclusive Agreement With Related Companies to Support Caremax in Opening Medical Centers in Senior Affordable Housing Throughout the U.S.

The Agreement is Designed to Support CareMax in Bringing Convenient, Comprehensive Value-Based Healthcare to Inhabitants of Senior Affordable Housing Across the Country Expected to Accelerate CareMax’s Nationwide de novo Growth Strategy Related to Make a Multi-Million Dollar Equity Investment in CareMax; Related EVP Bryan Cho To Join CareMax’s Board of Directors CareMax Announces Three New […]

News Release: Thomas Henry, Jr. Joins the Sanders Trust as new Director of Development

News Release: Thomas Henry, Jr. Joins the Sanders Trust as new Director of Development

Monday | July 12th, 2021 Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the addition of Thomas Henry, Jr. to The Sanders Trust as Director of Development. In this role, Henry will oversee investment property acquisitions, dispositions, and the entitlement process […]

News Release: Leading Nashville Health Care Real Estate Firm Oman-Gibson Opens Dallas Office

News Release: Leading Nashville Health Care Real Estate Firm Oman-Gibson Opens Dallas Office

Local health care real estate experts will oversee Texas operations NEWS PROVIDED BY Oman-Gibson Associates Jul 12, 2021, 09:00 ET DALLAS, July 12, 2021 /PRNewswire/ — Oman-Gibson Associates (OGA), a full-service health care real estate firm based in Nashville, announces the opening of a Dallas-Fort Worth office. The Texas office will be led by health care […]

News Release: H.I.G. Realty Partners Originates Loan Secured by Class A Medical-Office Building

News Release: H.I.G. Realty Partners Originates Loan Secured by Class A Medical-Office Building

July 12, 2021 06:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $44 billion of equity capital under management, is pleased to announce that its affiliate, H.I.G. Realty Partners, has originated a loan to finance the lease-up of 114 Pacifica (the “Property”), a 110,000 square foot Class […]

News Release: Montecito Acquires Suburban Medical Office (San Antonio)

News Release: Montecito Acquires Suburban Medical Office (San Antonio)

FOR IMMEDIATE RELEASE July 9, 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 that is home to an ophthalmological surgery center in San Antonio, Texas. The American Surgery Center building, located in the city’s northern suburbs, offers […]

News Release: Effects Of Pandemic Continue To Impact U.S. Senior Housing Occupancy 

News Release: Effects Of Pandemic Continue To Impact U.S. Senior Housing Occupancy 

Occupancy Unchanged as Inventory Increased in Second Quarter Senior housing occupancy remained flat in the second quarter of 2021, holding at 78.7 percent, according to new NIC MAP® data, powered by NIC MAP Vision. Though COVID-19 cases in senior living properties dropped significantly in the last quarter, occupancy has not turned the corner, largely due to new inventory coming online. Despite unchanged occupancy, demand for senior […]

News Release: Oman-Gibson Associates Expands In Texas, Announces Development of Corpus Christi Ambulatory Surgery Center

News Release: Oman-Gibson Associates Expands In Texas, Announces Development of Corpus Christi Ambulatory Surgery Center

New center will offer services to patients suffering from kidney and vascular diseases NEWS PROVIDED BY Oman-Gibson Associates Jul 08, 2021, 17:19 ET CORPUS CHRISTI, Texas, July 8, 2021 /PRNewswire/ — Oman-Gibson Associates (OGA), a full-service healthcare real estate firm based in Nashville, announces it will develop a 12,000-square-foot, freestanding ambulatory surgery center in Corpus Christi […]

News Release: Echo Development Acquires On-Campus Medical Office Building in Haverhill, MA

News Release: Echo Development Acquires On-Campus Medical Office Building in Haverhill, MA

Chicago, IL (June 2019) – Echo Development Group, Inc., in association with Annapolis, MD based Thomas Park Investments, announces it has acquired the Merrimack Medical Center, an on-campus medical office building adjacent to the 122-bed Holy Family Hospital, a member of the Steward Health Care Network. The property is 55,000 square feet and is located at 62 Brown Street in Haverhill, Massachusetts, a suburb of Boston roughly 35 miles north of downtown.   The building was 70% occupied at the time of sale by an impressive list […]