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News Release: Welltower Issues Business Update
News provided by Welltower Inc. Oct 01, 2024, 07:00 ET TOLEDO, Ohio, Oct. 1, 2024 /PRNewswire/ — In conjunction with upcoming investor meetings, Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/October2024-business-update About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the […]
News Release: Centra Breaks Ground on New Simons Run Medical Campus, Expanding Behavioral Health and Rehabilitation Services
Press release Published on Thursday September 26, 2024 LYNCHBURG, VA.– Centra, along with Lifepoint Behavioral Health and Lifepoint Rehabilitation, affiliates of Lifepoint Health, have begun construction on a new medical campus to expand access to behavioral health and rehabilitation care. Expected to open in 2026, the Centra Simons Run Medical Campus will become the new […]
Feature Story: Finally, the Fed cuts interest rates
But some HRE veterans say the impact of the long-awaited move will be gradual By John B. Mugford In making the first cut to the federal funds rate since it began raising rates in March 2022, has the U.S. Federal Reserve Bank ushered in a period of increased medical outpatient building (MOB) sales? Will last […]
Feature Story: Hub-and-spoke model ‘on steroids’
Provider panelists at InterFace affirm that many systems are still looking to grow By John B. Mugford Although many rural hospitals and health systems are struggling, and some are closing, the larger systems in the larger markets are making sure to keep growing. They’re doing so by buying up some of those smaller systems, building […]
News Release: Simone Development Companies Welcomes New York-Presbyterian to Medical Office Building at 2510 Westchester Avenue in the Bronx
BRONX, NY (September 23, 2024) – Simone Development Companies announced that NewYork-Presbyterian, one of the nation’s most comprehensive, integrated academic healthcare systems, has signed a 10,189 square-foot long-term lease at Simone Development’s medical office property at 2510 Westchester Avenue in the Bronx. Simone Development was represented by in-house leasing and legal teams in direct negotiations […]
News Release: Catalyst and Heitman Break Ground on a New Inpatient Rehabilitation Hospital in Ohio
September 23, 2024 PENSACOLA, FL – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate development and investment firm, and Heitman, a $50 Billion global real estate investment management firm, has officially broken ground on a new 51,000-square-foot inpatient rehabilitation hospital (IRH) in South Point, Ohio. “Over the past five years, we have built […]
For Sale: AUCTION – 110,000 SF Naperville, IL Office/Medical | Oct. 7
GREENSTONE PARTNERS ONLINE AUCTION TEN-X | OCT 7-9 VALUE-ADD + STRONG IN-PLACE CASHFLOW FULLY RENOVATED CLASS-A OFFICE STRONG VISIBILITY + AMENITIES MEDICAL TENANCY + NAPERVILLE’S HEALTHCARE BOOM STRONG MEDICAL OFFICE FUNDAMENTALS PROXIMITY TO THRIVING NAPERVILLE PRICE & PROCEDURE: Ten-X Auction: 10/7 – 10/9 NET OPERATING INCOME: $985,477 PRO-FORMA NOI: $1,749,940 RENTABLE SQUARE FEET: 111,062 sq. […]
News Release: Cincinnati Children’s acquires office building in Cincinnati Innovation District to boost research
3090 Exploration Ave. to be new home for scientists focused on improving child health Monday, September 23, 2024 Cincinnati Children’s has acquired a recently constructed office building in the Cincinnati Innovation District, which will be home to over 200 current employees who focus on non-laboratory research. The health system will occupy the top two floors […]
News Release: $96.5M refinancing arranged for Arizona seniors housing portfolio
JLL Capital Markets led the financing efforts for the five community, 971-unit portfolio SEATTLE, Sept. 23, 2024 – JLL Capital Markets announced today that it has arranged a $96.5 million refinancing for a five-property seniors housing portfolio consisting of 971 units located in the Phoenix, Mesa, Sedona and Chandler metropolitan areas of Arizona. JLL worked […]
News Release: Blue Arch Capital, Lincoln Property Company, and LoanCore Capital Announce Strategic Partnership to Own and Operate Manhattan’s Premier Medical Office Building
Blue Arch Capital (“Blue Arch”), a real estate private equity firm, Lincoln Property Company (“Lincoln”), a global full-service real estate owner/operator, and LoanCore Capital (“LoanCore”), a real estate investment manager, today announced the formation of a strategic partnership for the ownership and operation of Park Sixty, a best-in-class, Class-A medical office building located at 110 […]
News Release: HPA Exchange Launches $15.4 Million DST Offering of a Modern Micro-Hospital Leased to an Investment-Grade Tenant
FOR IMMEDIATE RELEASE PHOENIX (Sept. 23, 2024) – HPA Exchange LLC, a healthcare real estate investment sponsor created by the executive team of Healthcare Property Advisors, a vertically integrated healthcare real estate owner and operator, announced today the launch of HPA Dignity Health Arizona DST. Seeking to raise $15.4 million in equity from accredited investors, […]
News Release: Nominations are now open for 2024 HREI Insights Awards™
Nominations are due Nov. 22, 2024. The 12th annual awards will be presented at the Revista Medical Real Estate Investment Forum (MREIF) Feb. 4, 2025. MINNEAPOLIS, Sept. 20, 2024 – Nominations are now open for the 2024 HREI Insights Awards™, the first and only comprehensive national awards program totally dedicated to recognizing excellence in the areas […]
News Release: Deeni Taylor Appointed New Chairman & CEO of Landmark
September 17, 2024 For immediate release. Landmark Healthcare Facilities LLC is proud to announce the appointment of D. Deeni Taylor as its new Chairman and Chief Executive Officer. Landmark is a national leader in the full-service development, ownership and management of the complete range of outpatient medical buildings. Prior to joining Landmark, Deeni Taylor served as […]
Feature Story: Optimism returns in the HRE sector as rate cuts loom
InterFace ‘State of the Industry’ panelists foresee investors, lenders coming back By John B. Mugford After a two-year slump in sales transactions and development activity, there is optimism in the air in the healthcare real estate (HRE) business, with some caveats – or at least one big one. That big caveat is, of course, the […]
News Release: Global Medical REIT Announces Lease with CHRISTUS Health at its Facility in Beaumont, Texas
CHRISTUS Health Lease is a triple-net lease with a term of 15 years Former tenant, Steward Health Care, formally requested that its lease be rejected as of September 15, 2024, as part of its Chapter 11 bankruptcy proceedings September 17, 2024 08:00 AM Eastern Daylight Time BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the […]
