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News Release: Gracious Living now open in Pineville, NC
PRESS RELEASE Pineville, NC (September 2024) – MPV Properties (“MPV”) and Gracious Living are pleased to announce the opening of Gracious Living at The Plaza at Park 51. The Huntersville-based adult day center is now available to south Charlotte clients, some of whom were driving some distance through traffic just to secure their loved one’s […]
News Release: $38.5M refinancing arranged for national outpatient medical portfolio
JLL Capital Markets led the refinancing efforts for Provider Real Estate Partners BOSTON, Sept. 11, 2024 – JLL Capital Markets announced today that it has arranged a $38.5 million refinancing for a six-property national medical portfolio totalling 160,060 square feet across five states. Working on behalf of Provider Real Estate Partners (“PREP”), JLL secured the three-year […]
News Release: Flagship Healthcare Properties Announces Development of Ambulatory Surgery Center for South Baldwin Regional Medical Center in Foley, AL
FOR IMMEDIATE RELEASE Date: SEPTEMBER 11, 2024 Foley, AL — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, is pleased to announce the development of South Baldwin Regional Medical Center Surgery Center, a state-of-the-art ambulatory surgery center in Foley, Alabama. The center will be across the street from the South Baldwin Regional Medical […]
News Release: HonorHealth to assume operations of multiple Steward Health Care facilities in Arizona
News and community Scottsdale, Ariz. (September 11, 2024) – HonorHealth, a leading healthcare system serving more than five million people in the greater Phoenix and Scottsdale areas, has agreed to assume operational control of several Arizona-based Steward Health Care facilities. Beginning today, HonorHealth will assume daily operations of the following Steward Health Care facilities: Mountain Vista […]
News Release: Dignity Health Announces Developer and Architecture Firm Selections for Folsom Ranch Advanced Ambulatory Care Center
New expansion to house a host of specialty services, outpatient surgery center and more. SACRAMENTO (September 10, 2024) – Dignity Health announced today that Perkins&Will and NexCore have been selected as the architect and developer for the new Advanced Ambulatory Care Center (AACC) at Folsom Ranch, just south of Highway 50. The AACC will expand […]
Feature Story: Catalyst hires Eric Fischer to lead development
CEO Chad Henderson says sector veteran will help the firm get to ‘the next level’ By John B. Mugford Ever since its founding in 2011, Pensacola-based Catalyst Healthcare Real Estate has continued to grow “organically” and at its own pace, according to Chad Henderson, founder, CEO and managing partner of the firm that acquires and […]
News Release: Elliott Bay Acquires MOB in Kentucky
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 Paintsville, KY. The property is leased to a leading health system providing […]
News Release: Lee Health Announces Sept. 10 Opening of the New Complex Care Center at Cape Coral Hospital
September 6th, 2024 New center will serve growing Cape Coral population and help patients transition through the continuum of care Lee Health is pleased to announce the opening of the Complex Care Center at Cape Coral Hospital on Sept. 10. The new center, located inside of the hospital’s Medical Office Building, will help serve the […]
Feature Story: Cap rates drop; portfolio sales, prices rise
New CBRE and Cushman reports provide insights into the state of the market By John B. Mugford Nearly everyone involved in medical outpatient building (MOB) sales seems to be looking for signs that the transactions market is picking up. They’re hopeful that we might soon see the end of a two-year slump that started with […]
News Release: Just Closed: Dermatology ASC/MOB Portfolio | Birmingham-AL | Montgomery-AL
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a newly built state-of-the-art outpatient surgery center and clinic that is well-located in Vestavia, Alabama, an affluent suburb of Birmingham, and a medical office building in Montgomery, Alabama. Constructed in 2020, the Vestavia Hills MOB & ASC is 100% leased […]
News Release: CareTrust REIT Announces $62.1 Million Acquisition of Two Skilled Nursing Facilities in Separate Transactions; Pipeline Replenished
August 29, 2024 05:32 PM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of two skilled nursing facilities in separate transactions with a total investment amount of approximately $62.1 million. On August 29th, 2024, the company acquired a 125-licensed bed skilled nursing facility in the Mid-Atlantic. Separately, on August […]
News Release: Cushman & Wakefield Advises Sale of Newly Renovated 77,386 SF Medical Office Asset in Phoenix for $7.2 Million
For Immediate Release Multi-tenant medical office building adds to trend of growing investor activity PHOENIX, Ariz. – August 28, 2024 – Cushman & Wakefield announced the firm has advised the sale of a multi-tenant, two-story 77,386-square-foot building in Phoenix, Arizona. Located at 690 N Cofco Center Court, the medical office building commonly known as Gateway […]
News Release: $115M bridge financing secured for independent living portfolio
News release JLL Capital Markets has arranged the loan for Town Village Portfolio, a four-state portfolio of senior housing communities across the United States DUBLIN, O.H., Aug. 27, 2024 – JLL Capital Markets announced today that it has secured a $115 million bridge financing for Town Village Portfolio, a primarily independent living portfolio which consists of […]
Thought Leaders: CBRE Q2 2024 National MOB Real Estate Investor Update
Q2 2024 National MOB Real Estate Investor Update MOB Cap Rates Fall for First Time in Two Years Key Takeaways from the Q2 2024 Report: • Medical outpatient building (MOB) investment volume rose by 60% quarter-over-quarter in Q2 to $2.5 billion, bringing the trailing-four-quarter total to $7.7 billion. • MOB sale prices averaged $291 per […]
Thought Leaders: New Healthcare Capital Markets Update Available | Vital Signs MOB Report
Cushman & Wakefield VITAL SIGNS: HEALTHCARE CAPITAL MARKETS UPDATE Transaction volumes and pricing remain muted as a result of elevated interest rates and economic uncertainty READ THE FULL REPORT The sharp uptick in volume and pricing for medical outpatient buildings (MOBs) between 2020 and early 2022 has given way to more subdued activity as the […]
