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News Release: Newmark Arranges $300 Million Joint Venture with Catalyst Healthcare Real Estate and Heitman to Fund an MOB and IRF Development Pipeline
FOR IMMEDIATE RELEASE Philadelphia, PA (July 17, 2024) — Newmark announces it has arranged a strategic joint venture (the “Venture”) to fund a $300 million development pipeline of purpose-built healthcare properties. The venture is between Catalyst Healthcare Real Estate (“Catalyst”)–a leading healthcare real estate development and investment firm in the US, who has developed and […]
Transactions: New JV to fund $300 million of HRE developments
Newmark team arranges partnership of Catalyst and Heitman By John B. Mugford It’s being looked upon as almost a “dream team” of a partnership. HREI has learned that Catalyst Healthcare Real Estate, which has become one of the most active developers in healthcare real estate (HRE) in recent years, and Heitman, an investment management firm […]
News Release: Sold: Providence Health MOB | Portland, OR
CAPITAL REAL ESTATE GROUP CREG U.S. HEALTHCARE INVESTMENT SALES SOLD: PROVIDENCE HEALTH MOB I OR CREG I U.S. Healthcare Investment Sales team is delighted to announce the successful sale of Providence Health MOB, a premier, multi-tenant medical office building located in Portland, Oregon. This state-of-the-art, two-story building is anchored by Providence Health (Fitch Rating: A) […]
News Release: Just Closed – Westover Hills MOB (San Antonio)
Capital Markets | Healthcare & Life Sciences Just Closed New Construction Medical Facility Connected to the Westover Hills Baptist Hospital (Moody’s: B1) CBRE Transaction Highlights Date Closed: 7/11/24 Size: 84,083 Occupancy: 89% Westover Hills MOB | 3011 W Loop 1604 N | San Antonio, TX 78251 CBRE U.S. Healthcare Capital Markets is pleased to announce […]
News Release: JLL arranges $28M sale and financing of Pacific Northwest seniors housing community
News release Van Mall Retirement is a 191-unit Independent / Assisted Living Community in Vancouver, Washington BOSTON, July 16, 2024 – JLL Capital Markets announced today that it has arranged the $28 million sale of Van Mall Retirement, a 191-unit senior living community located in the Portland, Oregon, suburb of Vancouver, Washington. JLL represented the […]
News Release: Robbins of Colliers Fully Leased North Andover (Mass.) Office Park
JUL 15, 2024 Colliers, a global leader in commercial real estate services, is pleased to announce that the 15 condominiums it represents at the North Andover Medical Park in North Andover, MA, are fully leased. “Andrew Robbins has been great to work with over many years. He is a tireless professional and always delivers exceptional […]
News Release: QIAGEN Celebrates Major Expansion in Frederick County, Maryland
NEWS PROVIDED BY Frederick County Office of Economic Development Jul 12, 2024, 08:00 ET FREDERICK, Md., July 12, 2024 /PRNewswire-PRWeb/ — The Frederick County Office of Economic Development and QIAGEN, a leading global provider of Sample to Insight solutions, announced the expansion of QIAGEN’s operations in Frederick County, Maryland. The expansion adds 40,000 square feet […]
News Release: Senior housing occupancy continues to increase in the second quarter of 2024
Independent living gains lead as senior housing occupancy continues to approach prior peak ANNAPOLIS, Md. (July 11, 2024) – The senior housing occupancy rate for the 31 NIC MAP Primary Markets reached 85.9% in the second quarter of 2024, an increase of 0.5 percentage points from the first quarter of 2024, according to data released […]
News Release: UAB Medical West holds ribbon-cutting for new facility to open in early August
by Alicia Rohan July 11, 2024 UAB Medical West, an affiliate of the UAB Health System, has completed its new facility, with the intent of opening to the public in early August. A ribbon-cutting July 11 begins the transition from the former hospital location, where UAB Medical West has been since 1964, to the new […]
News Release: OhioHealth Medical Offices Open at OhioHealth Doctors Hospital
Columbus, OH, July 11, 2024 Today, OhioHealth announced the opening of newly renovated medical offices that will be attached to OhioHealth Doctors Hospital at 5131 Beacon Hill Road. This $20 million investment will improve space for patient care, recruit more physicians, bring more services to the west side, and improve physician and staff satisfaction and […]
News Release: MidFirst Bank Closes $167 Million Loan Transaction to Bethany Children’s Health Center
Loan Will Support New Outpatient and Specialty Services July 10, 2024 OKLAHOMA CITY – MidFirst Bank, through its National Healthcare Lending division, is the lead bank in the financing for a new complex on the Bethany Children’s Health Center campus. MidFirst Bank and seven other local financial institutions provided loan funds totaling $167 million for […]
News Release: Sanford, Marshfield Clinic announce intent to combine
Marshfield Clinic Health System serves rural Wisconsin and Michigan’s Upper Peninsula Written by Paul Heinert July 10, 2024 Marshfield Medical Center in Marshfield, Wisconsin, is part of the Marshfield Clinic Health System serving rural areas of Wisconsin and Michigan. (Photo by Marshfield Clinic Health System) Sanford Health, the largest rural health system in the U.S., […]
News Release: Final Regulatory Hurdle Passed for University of Maryland Shore Regional Medical Center Project
For Immediate Release July 10, 2024 Today, the Maryland Health Services Cost Review Commission (HSCRC) approved the rate application request from University of Maryland Shore Regional Health (UM SRH), a member organization of the University of Maryland Medical System (UMMS), for the new Shore Regional Medical Center in Easton. HSCRC’s approval helps offset interest and […]
News Release: Hammes completes Blue River Surgery Center in Kansas City
FOR IMMEDIATE RELEASE MILWAUKEE, WI – July 9, 2024 – Hammes, a national real estate consulting, development, investment and management firm, recently completed the Blue River Surgery Center in Kansas City. The new 22,500-square-foot ambulatory surgery center, which is now open to patients, includes five operating rooms and two specialty procedure rooms for orthopedic, gastroenterology […]
News Release: JLL completes sale of 37,000 SF San Diego medical office building
JLL Capital Markets led the sales efforts for 450 4th Ave, which is on the campus of the Scripps Mercy Hospital Chula Vista SAN DIEGO, July 9, 2024 – JLL Capital Markets announced today that it has completed the sale of 450 4th Ave., a nearly 37,000-square-foot medical outpatient building in Chula Vista, California. JLL’s Medical […]
