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News Release: Ribbon Cutting Marks Completion of Loomis’s New Medical Office Building
FOR IMMEDIATE RELEASE February 8, 2024 [Greenfield, WI] – Representatives from Cobalt Partners, Hammes, RINKA+ and CG Schmidt gathered Thursday to celebrate the opening of the Loomis Crossing medical office building. The new, 40,000 square foot medical office building provides multi-tenant space within the mixed-use Loomis Crossing complex located off Interstate 894 at the intersection […]
News Release: Omega Reports Fourth Quarter and Full Year 2023 Results
Omega Reports Fourth Quarter and Full Year 2023 Results Completed $249 Million in New Investments in Q4 Providing 2024 Adjusted FFO Guidance February 07, 2024 04:20 PM Eastern Standard Time HUNT VALLEY, Md.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter and year ended December 31, […]
News Release: First Citizens Bank Provides $37 Million to Refinance Birmingham, AL On Campus Medical Office Building
JACKSONVILLE, FL — Feb. 7, 2024 — First Citizens Bank today announced that its Healthcare Finance business provided $37 million to Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza I, a medical office building located in Birmingham, Alabama. The medical office building spans over 200,000 rentable square feet and is located on the Grandview […]
News Release: Stockdale Capital Partners Acquires Banner Health properties in Phoenix Southeast Valley
Outpatient clinics in Mesa, Queen Creek, and Gilbert have opportunities for expansion to meet rising demand for outpatient healthcare LOS ANGELES – February 7, 2024 –Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced it acquired three Banner Health properties in the Phoenix metro area. The three medical office buildings, located […]
Feature Story: Where are America’s HRE hotspots?
Some you might expect, others you might not, RevistaMed data shows By John B. Mugford On Jan. 24, HREI reported on the latest national healthcare real estate (HRE) statistics as compiled and presented by Arnold-based Revista during a webcast for its subscribers to recap the fourth quarter (Q4) and all of 2023. The headline grabber […]
News Release: Medical building portfolio trades for $86M
JLL Capital Markets facilitates the sale of four medical properties in high-growth markets BOSTON, Feb. 5, 2024 – JLL Capital Markets announced today that it arranged the $86 million sale of a collection of four mission-critical medical properties totalling over 181,000 square feet located in Phoenix, Arizona, Southern Florida and Chicago, Illinois area. JLL worked […]
News Release: First Citizens Bank Provides $22.5 Million for Orlando Ambulatory Surgery Center
06 Feb, 2024, 09:00 ET RALEIGH, N.C. — Feb. 6, 2024 — First Citizens Bank today announced that it has provided $22.5 million in financing for the development of a new outpatient surgery center in Orlando, Florida. The center will have six operating rooms and 23 beds and will provide outpatient surgical services in bariatrics, […]
News Release: Announcement – $15,800,000 Capital for Medical Office Development / Fairfield Advisors
(Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, sourced $15,800,000 of capital for the development of a new Medical Office Building and Surgery Center in Hendersonville, NC. which is in the Asheville-area. When completed, the building will be have 3 floors and total 60,000 square feet. A […]
News Release: Kraus-Anderson acquires Phoenix construction company, Sonoran Crest
Strategic southwest U.S. expansion enhances growing footprint MINNEAPOLIS, Minn. (February 5, 2024) – Kraus-Anderson Construction Company (KA) today announced it has acquired Phoenix-based Sonoran Crest Construction, a 20-year-old firm with an established brand and healthcare presence in the southwest U.S. This is the first acquisition of another company in KA Construction’s 126-year history. The terms […]
News Release: CareTrust REIT Provides $52 Million in Mezzanine Financings
February 05, 2024 06:01 AM Eastern Standard Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has participated in the origination of over $52 million in mezzanine loans secured by three portfolios of 26 properties comprised of 3,050 skilled nursing beds and 186 assisted living units located in Virginia, Missouri, and California. […]
News Release: BMO Healthcare Real Estate Finance provides a $10.1 Million Term Loan for UDLR Healthcare
BMO’s Healthcare Real Estate Finance group announces that it has closed on a $10.1 million term loan to an affiliate of UDLR Healthcare (“UDLR”) for its acquisition of a 92,811 square foot medical outpatient building (“MOB”) known as Thunderbird Medical Plaza. The MOB is located on the campus of Banner Health’s 595-bed Thunderbird Medical Center […]
News Release: Anchor Health Properties Arranges 26,000 Square Foot Suite Expansion and Renewed Lease for Major Tenant in Bothell, WA MOB
FOR IMMEDIATE RELEASE February 2, 2024 (Bothell, WA) Among the largest, non-health system owners and investors of healthcare real estate nationwide, Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently arranged a significant expansion and renewed lease with EvergreenHealth, a public hospital district […]
News Release: Just Financed: Medical Clinic in the Greater Atlanta Metropolitan Area
Just Financed VillageMD Clinic Griffin, GA Berkadia Medical & Life Sciences is pleased to announce the financing of a new medical clinic located in the Greater Atlanta Metropolitan Area on behalf of Montecito Medical Real Estate (Montecito). The purpose-built project encompasses 20,000 square feet and is 100%-leased to VillageMD, a national primary care provider with […]
News Release: Tenet Advances Portfolio Transformation and Previews Strong 2023 Results
February 1, 2024 Tenet completes sale of three South Carolina hospitals and announces the sale of four Orange County and Los Angeles County hospitals and related operations. DALLAS–(BUSINESS WIRE)— Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of three of its hospitals and related operations in South Carolina to Novant […]
News Release: United Properties adds Champlin property to senior living portfolio
For Immediate Release Champlin Shores to be rebranded as Amira Choice Champlin MINNEAPOLIS (Feb. 1, 2024) — United Properties announced today its acquisition of Champlin Shores, a senior living community located at 119 E. Hayden Lake Rd. in Champlin, Minnesota. Under its new ownership, the property will be rebranded as Amira Choice Champlin. Operating partner […]