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News Release: CLOSED! Strategic Outpatient Portfolio Financing
NEWMARK HEALTHCARE CAPITAL MARKETS CLOSING ANNOUNCEMENT CYPRESS WEST AND TPG ANGELO GORDON MOB PORTFOLIO FINANCING LOCATED EXCLUSIVELY IN TOP 10 MSAs The Newmark Healthcare Capital Markets team has advised Cypress West Partners in joint venture with TPG Angelo Gordon on a strategic medical outpatient portfolio financing. The portfolio consists of six Class A medical outpatient […]
Companies & People: A tech firm that sells healthcare real estate
SkyView Advisors says it’s bringing a new model to HRE brokerage By John B. Mugford In 2014, the founders of Tampa, Fla.-based SkyView Advisors set out to change the way a firm went about brokering the sales of a small property-type niche in the commercial real estate (CRE) sector. That niche was self-storage facilities, and […]
News Release: JLL Capital Markets arranges financing for micro-hospital acquisition
Dignity Health Micro-Hospital in Phoenix was acquired by HPA Exchange NEWPORT BEACH, CA, Aug. 6, 2024 – JLL Capital Markets announced today that it arranged financing for Dignity Health Micro-Hospital, a 38,900-square-foot multi-specialty hospital with an emergency room and imaging center in Phoenix, Arizona. JLL represented the borrower, HPA Exchange LLC, a healthcare real estate investment […]
News Release: NHC Completes Acquisition of White Oak Senior Living Portfolio
August 06, 2024 08:00 PM Eastern Daylight Time MURFREESBORO, Tenn.–(BUSINESS WIRE)–National Healthcare Corporation (NYSE American: NHC), a national leader in senior care, announced today that it has completed the acquisition of the White Oak Senior Living (“White Oak”) portfolio, operating in North Carolina and South Carolina, including its long-term care pharmacy. White Oak’s portfolio consists […]
News Release: American Healthcare REIT (“AHR”) Announces Second Quarter 2024 Results; Increases Full Year 2024 Guidance
News provided by American Healthcare REIT, Inc. Aug 05, 2024, 16:15 ET IRVINE, Calif., Aug. 5, 2024 /PRNewswire/ — American Healthcare REIT, Inc. (the “Company,” “we,” “our,” “management,” or “us”) (NYSE: AHR) announced today its second quarter 2024 results and updated its full year 2024 guidance. Key Highlights: Reported GAAP net income attributable to common stockholders of $0.01 per diluted share […]
Life Sciences: BXP’s Q2 results weighed down life sciences assets
A LSRE rebound is coming, REIT says, ‘It’s just a question of when’ By Murray W. Wolf BOSTON – BXP Inc. (NYSE: BXP) reported generally good second quarter (Q2) earnings Thursday, July 31, buoyed by “the relative market strength of the premier workplace segment of the commercial office industry.” However, the results weren’t so rosy […]
News Release: Andrew Galvin Appointed to RI Bio Board
Aug 2, 2024 RI Bio, Southeastern New England’s life sciences trade group, announced the appointment of Andrew Galvin, Senior Vice President of CBRE, Inc., to its board of directors at its June meeting. Mr. Galvin has been with CBRE, Inc. for over 15 years, concentrating on office leasing and office investment sales. He is currently […]
News Release: Shapiro Administration Invests Nearly $3 Million to Bring Adare Pharma Solutions’ Headquarters to Pennsylvania, Creating 115 New, Well-Paying Jobs in Philadelphia
The life sciences company is investing at least $16.8 million to relocate its headquarters to PA from New Jersey and upgrade its two current Philadelphia facilities, building on Pennsylvania’s reputation as a life sciences leader. FROM THE OFFICE OF PENNSYLVANIA GOVERNOR JOSH SHAPIRO Harrisburg, PA, August 1, 2024 – Today, Governor Josh Shapiro announced the […]
Life Sciences: Lilly opens R&D center in Boston Seaport District
Majority owned by Alexandria, 15 Necco St.’s life sciences space is fully leased By Murray W. Wolf The life sciences real estate (LSRE) development pipeline continues to add millions of square feet of speculative space to a market that has already endured two years of steadily falling occupancy rates. But here is some good news: […]
News Release: City of Warsaw (Ind.), Innovcare, and Parkview Health greenlight 3-4 projects, waiting for VA decision regarding Warsaw Clinic
FOR IMMEDIATE RELEASE WARSAW MEDICAL HUB – PHASE 1 PROJECT UPDATE WARSAW. July 2024 — Innovcare, an innovative healthcare real estate firm based in Indiana (www.thinkinnovcare.com), completed the successful negotiations of the purchase of approximately 16 acres along US 30 and E 200 N on behalf of Parkview Health to build the city of Warsaw’s […]
News Release: BXP Announces Second Quarter 2024 Results
Exceeded Q2 Guidance for EPS and FFO, Executed More Than 1.3 Million Square Feet of Leases in Q2, and Named One of the World’s Most Sustainable Companies by TIME Magazine BOSTON–(BUSINESS WIRE)–Jul. 30, 2024— BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, reported results today for the […]
News Release: Davis Breaks Ground for a New Midwest ENT Specialty Center in Lakeville, MN
P R E S S R E L E A S E MINNEAPOLIS (July 31, 2024)—Davis has broken ground on a 14,000-square-foot medical office building development for Midwest Ear, Nose and Throat Specialists (Midwest ENT) at 11020 161st Street West in Lakeville, MN. The new facility, on a 1.6-acre land site, has been designed as […]
Transactions: Blockbuster $674.3 million MOB deal closes
Unity Medical and Varde Partners buy a 58-MOB, 2.76 million s.f. portfolio from Healthpeak SIXTEEN STATES – In a deal that came to light shortly before this edition of the HREI weekly e-newsletter was distributed, HREI has learned that a 58-asset medical outpatient building (MOB) portfolio has been sold for $674.3 million, or about $244 […]
News Release: IRA Capital, Oaktree acquire 12 property medical portfolio spanning 600,000 SF
FOR IMMEDIATE RELEASE Release Date: July 30, 2024 The 12-property Portfolio is anchored by leading regional healthcare providers and features high-acuity space with extensive tenant buildouts. Irvine, CA – IRA Capital, a prominent Southern California-based private equity firm and one of the leading private buyers of healthcare real estate in the United States, is pleased […]
Feature Story: MOB sales remained slow in Q2, at $1.9 billion
However, occupancies and demand remain high, Revista says By John B. Mugford Recently, a growing number of professionals involved in the medical outpatient building (MOB) transaction market have been saying that they are seeing signs that the market is picking up, or indications that it will pick up in the not-too-distant future. Yet, for now, […]