admin
Life Sciences: MCB Announces New Vision For VIVA White Oak™
BALTIMORE, MARYLAND – MCB Real Estate today announced today that it will lead the development for VIVA White Oak, a long-awaited development project in Eastern Montgomery County, Maryland. “My partners and I are thrilled to start work on building this vibrant new project,” said P. David Bramble, managing partner at MCB Real Estate. “At MCB, […]
News Release: Capital One’s Medical Office Team Remains Resilient Through 2023
May 15, 2024 – Capital One’s Medical Office team, part of the Capital One Healthcare Real Estate business, closed over 30 deals totaling in excess of $1.5 billion throughout 2023. The team funded transactions ranging from $15 million single-asset loans to $350 million portfolios across medical office buildings, medical properties and healthcare REIT lending. Since […]
People and Companies: Mike Noto, mentor and friend to many in HRE, dies at 74
The former attorney joined Rendina in the late 1990s, staying in the sector until retiring in 2023 By John B. Mugford It is with great sadness that we report the death of Michael A. “Mike” Noto, a well-known, longtime healthcare real estate (HRE) executive and a good friend to so many in the sector, including […]
News Release: JLL tapped to lead repositioning of former AT&T campus in Bedminster, New Jersey
News release With approval for up to 2M-SF of development, focus is on transforming historic corporate site into next generation life science, speciality manufacturing hub BEDMINSTER, N.J., May 13, 2024 – JLL announced today that it has been retained by MetLife Investment Management to lead the repositioning of its 197-acre office campus at 900 Rt. […]
News Release: AdventHealth Opening New Off-Site Emergency Department in Winter Haven (Fla.)
Press Release 05.10.24 Hospital leaders, local government officials and members of the business community took the next step in bringing better access to high-quality emergency care to Winter Haven with the ribbon-cutting ceremony for the new AdventHealth Winter Haven ER on Thursday, May 9, 2024. The AdventHealth Winter Haven ER has 24 exam rooms, including […]
News Release: Bremner Real Estate partners with Hendricks Regional Health for development of cutting-edge medical office building in Brownsburg
FOR IMMEDIATE RELEASE: May 10, 2024 (Indianapolis) – Bremner Real Estate, a leading healthcare real estate developer, is thrilled to announce its collaboration with Hendricks Regional Health to provide development services for an upcoming state-of-the-art, multi-specialty medical office building in Brownsburg, IN. This transformative project marks an exciting expansion of Hendricks Regional Health’s Brownsburg hospital […]
News Release: Longfellow Real Estate Partners and Wates Execute Construction Contract and Begins Immediate Construction on CamLIFE in Cambridge (U.K.)
Longfellow is set to deliver state-of-the-art facilities and high-quality lab space in Cambridge (U.K.) as soon as Mid-2025 Cambridge, UK (May 8, 2024) – Longfellow Real Estate Partners, the largest privately held investor and developer of life science buildings, announced today they have signed a fixed price contract to reposition their CamLIFE campus, with the […]
Cover Story: Management takes center stage
Operations and leasing are in the spotlight amid a slowdown in deals and development By John B. Mugford For a few brief weeks at the tail end of 2023 and the start of 2024, when it appeared that the U.S. Federal Reserve was planning to reduce interest rates, the hopeful battle cry of the healthcare […]
News Release: Construction underway on new HCA Florida Gainesville Hospital
HCA Florida Healthcare, the state’s leading network of hospitals and healthcare facilities, announced construction is now underway on the new $231 million HCA Florida Gainesville Hospital, the latest hospital planned as part of HCA Florida Healthcare’s expansion across the state. May 08, 2024 HCA Florida Healthcare, the state’s leading network of hospitals and healthcare facilities, […]
News Release: Healthpeak Properties Announces Joint Venture Wind-Down
May 07, 2024 04:15 PM Eastern Daylight Time DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: DOC) (“Healthpeak”) and King Street Properties (“KSP”) today announced that Healthpeak has acquired KSP’s minority interest in the joint ventures in eight lab buildings in Cambridge and Lexington, Massachusetts. Healthpeak will assume day-to-day management of the buildings following a short-term transition period. […]
News Release: Andrew Haslam to lead Providence Newberg (Ore.) Medical Center
Welcome our new chief administrative officer, Andrew Haslam. Tuesday, May 7, 2024 Our new chief administrative officer for Providence Newberg has been with Providence more than 13 years and joins Newberg from Providence’s Real Estate Strategy and Operations team. I am excited to announce that Andrew Haslam has been named chief administrative officer for Providence […]
News Release: Healthcare Realty Trust Reports Results for the First Quarter (2024)
Healthcare Realty Trust Reports Results for the First Quarter Company Release – 05/07/2024 The Company is focused on its top priorities of capital allocation and operational momentum to accelerate FFO growth and improve dividend coverage. CAPITAL ALLOCATION MOMENTUM Announced a $383 million JV with KKR at a 6.6% cap rate with expected proceeds of $300 million […]
News Release: Medical Properties Trust Comments on Steward Health Care Restructuring
May 06, 2024 04:54 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today issued the following statement in response to Steward Health Care’s decision to commence an in-court restructuring process under Chapter 11 of the U.S. Bankruptcy Code. MPT has approved the funding of $75 million in […]
News Release: Diversified Healthcare Trust Announces First Quarter 2024 Results
May 06, 2024 04:15 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended March 31, 2024, which can be found at the Quarterly Reports section of DHC’s website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. A conference call to discuss DHC’s first quarter 2024 financial results will be held […]
News Release: BMO Healthcare Real Estate provides $175,600,000 in acquisition financing to Kayne Anderson Real Estate and Remedy Medical Properties for the acquisition of a 37-property medical office portfolio.
Chicago, May 6, 2024 – BMO’s Healthcare Real Estate group announces that it closed a $175,600,000 acquisition loan for a joint venture led by Kayne Anderson Real Estate and managed by Remedy Medical Properties. The BMO loan provided financing for the acquisition of a 37-property medical office portfolio totaling approximately 700,000 square feet across 13 […]
