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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 […]
Transactions: AW buys nine MOBs for $99.5M
Healthcare Realty was the seller of the 309,424 s.f. portfolio in North Carolina By John B. Mugford Amid the current slowdown in the medical outpatient building (MOB) sales sector, another significant sale has taken place. North Palm Beach, Fla.-based AW Property Company, a longtime healthcare real estate (HRE) firm focused on MOBs, in late June […]
News Release: Big Sky Medical Acquires Prime Medical Outpatient Building in San Antonio’s Alamo Heights
FOR IMMEDIATE RELEASE SAN ANTONIO, TX – July 9, 2024 – Big Sky Medical, a leading healthcare real estate investment firm, today announced the acquisition of Sunset at Treeline, a cutting-edge medical outpatient building in San Antonio’s prestigious Alamo Heights neighborhood. The off-market transaction secures a strategically located property adjacent to the CHRISTUS Santa Rosa […]
News Release: Healthcare Realty Trust Provides Second Quarter Business Update on Operational and Capital Allocation Momentum
July 08, 2024 16:05 ET Source: Healthcare Realty Trust Incorporated Multi-tenant new leases signed totaling 432,000 square feet 1H 2024 multi-tenant occupancy gain of 183,000 square feet, above guidance range Steward Health has paid substantially all rent for June and July Greater than $1 billion in completed or planned asset sales and JV transactions $286 […]
News Release: Just Financed – Ambulatory Surgery Center in Houston, TX
Berkadia Medical & Life Sciences Just Financed Qoros Houston 1240 Clear Lake City Blvd | Houston, TX Berkadia Medical & Life Sciences is pleased to announce the acquisition financing of an ambulatory surgery center located in Houston, TX on behalf of Chicago Pacific Founders (CPF). The property encompasses a total of 15,807 net rentable square […]
News Release: Berkadia Negotiates Two-Community Class A Seniors Housing Sale In Indiana And Ohio
FOR IMMEDIATE RELEASE NEW YORK, NY – July 8, 2024 – Berkadia announced today the sale of two recently developed Class A senior living communities offering independent living, assisted living, and memory care services in Indiana and Ohio. Berkadia Seniors Housing & Healthcare, led by Managing Directors Dave Fasano, Ross Sanders, Cody Tremper, and Mike […]
News Release: Welltower Announces Proposed Private Placement of $750 Million of Exchangeable Senior Notes
NEWS PROVIDED BY Welltower Inc. Jul 08, 2024, 07:12 ET TOLEDO, Ohio, July 8, 2024 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) (“Welltower” or the “Company”) announced today that its operating company, Welltower OP LLC (“Welltower OP”), launched an offering (the “Offering”), subject to market conditions and other factors, of $750 million aggregate principal amount of […]
Transactions: A early summer sale at a significant price
Welltower acquires a 103,652 s.f. MOB in Sacramento, Calif., for $45.6 million By John B. Mugford As the medical outpatient building (MOB) sales market continues to languish in a nearly two-year slowdown, a big sale has taken place in Sacramento. Perhaps it is a sign that things are turning around – or, should interest rates […]
For Sale: Saxon Woods Medical Buildings. Two-Property, Value-Add Opportunity Anchored by White Plains Hospital in Premier Westchester County, NY.
CBRE Saxon Woods Medical Buildings Westchester County, NY Two-property, Value-Add Opportunity Anchored by White Plains Hospital (Moody’s Baa3) in Premier Westchester County, NY THE OFFERING Offer Price: Best Offer Properties: 2 Total Size: 232,357 SF Leased: 79% Health System Tenancy: 3 (Of Portfola NRA) WALT: 9.3 Years In-Place NOI: Stabilized (Year 3) NOI: Ownership: Leasehold CBRE […]
News Release: uniQure Announces Sale of Commercial Manufacturing Facility to Genezen
July 1, 2024 ~ Proposed divestiture streamlines uniQure’s focus and represents an important milestone in its ongoing effort to significantly reduce operating expenses ~ ~ Genezen to manufacture global commercial supply of HEMGENIX® and support uniQure’s pipeline programs as a preferred customer ~ ~ uniQure to reduce cash burn by $40 million per year and […]
News Release: UAB breaks ground on $190 million Biomedical Research and Psychology Building
by Adam Pope June 28, 2024 The University of Alabama at Birmingham continues to build momentum, breaking ground Friday on a new eight-story, $190 million facility for the Marnix E. Heersink School of Medicine and College of Arts and Sciences. The Biomedical Research and Psychology Building, made possible by $152 million in federal funding, and […]
News Release: Marcus & Millichap Sells Medical Office Building in Northern New Jersey for $13.5 Million
LIVINGSTON, N.J., June 28, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a medical office building in Livingston, New Jersey, for $13.5 million. “Medical office buildings are one of the most highly sought-after products in […]
