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News Release: Kay Properties and Investments Announces a Debt-Free Medical Office Building Custom Delaware Statutory Trust Offering Has Gone Full-Cycle on Behalf of Investors, Delivering a 12.14% Total Annualized Return*
Kay Properties has created one of the largest 1031 exchange and real estate investment online marketplaces in the country. In 2021, Kay Properties completed $610 million of equity. NEWS PROVIDED BY Kay Properties and Investments 16 Aug, 2023, 08:21 ET The Raleigh, North Carolina Medical Office Building (MOB) DST successfully delivers uninterrupted distributions for Kay […]
News Release: Bulfinch Announces Expansion With Spindrift And Multiple Life Science Leases At Chapel Bridge Park
BOSTON, MA – August 15, 2023 An affiliate of The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate and investment firm, today announces Spindrift has renewed their lease, expanding their headquarters in Newton and the firm has also signed multiple new leases and renewals with life science tenants at Chapel Bridge Park in Newton. The […]
Companies & People: Thomas Park is ready to keep investing
In a Q&A, Alex Kopicki, chief investment officer, discusses the firm’s growth, prospects By John B. Mugford Annapolis-based Thomas Park Investments (TPI) grabbed a headline in HREI last week, as the 2-1/2-year-old investment firm focused on healthcare real estate (HRE) facilities acquired a complex of two medical office buildings (MOBs) with a combined 124,213 square […]
News Release: Montecito Medical Acquires Medical Office Property in Denver Area
August 15, 2023 09:00 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a medical office property in Lafayette, Colorado, a Denver suburb. The two-story building is tenanted by Colorado Urology and is home to the Colorado Prostate Cancer Center. “We are delighted to acquire this […]
News Release: Appointed Leasing Agent For Rodin Place At 2000 Hamilton Street
August 14, 2023 Wolf Commercial Real Estate (WCRE) is thrilled to announce that it has been appointed as the exclusive leasing agent for the prestigious Rodin Place, located at 2000 Hamilton Street in Philadelphia, Pennsylvania. Strategically nestled within the vibrant and culturally rich neighborhoods of Fairmount and the Art Museum of Philadelphia, Rodin Place stands […]
News Release: University of Texas System Regents Announce Plans to Build UT Medical Center on Site of Erwin Center
Aug 14, 2023 AUSTIN, Texas — Today The University of Texas System Board of Regents Chairman Kevin P. Eltife announced plans to launch a monumental healthcare initiative to accelerate and expand UT Austin’s burgeoning medical district into a world-class academic medical center for education, research and patient care. The University of Texas at Austin Medical […]
News Release: IRA Capital Launches Flagship $500 Million Healthcare Real Estate Fund
NEWS PROVIDED BY IRA Capital 12 Aug, 2023, 15:27 ET IRVINE, Calif., Aug, 12, 2023 /PRNewswire/ — IRA Capital (“IRA”), a leading Southern-California based private equity firm, has announced the launch of IRA Healthcare Real Estate Fund, L.P. (the “Fund”) – a $500 Million closed-end fund focused on the acquisition of medical properties and senior housing […]
News Release: New office expansion enables IRA Capital to accelerate growth
NEWS PROVIDED BY IRA Capital 11 Aug, 2023, 21:52 ET IRVINE, Calif., Aug. 11, 2023 /PRNewswire/ — IRA Capital (“IRA”), a leading private equity firm, has announced the recent relocation of its offices in Irvine to accommodate the company’s continued growth. IRA relocated to a newly constructed contemporary office totaling approximately 15,000 SF at 3121 Michelson […]
News Release: WellSpan to expand access to care in Cumberland County
August 10, 2023 As WellSpan Health continues to increase healthcare access to meet the needs of residents in the fastest growing county in Pennsylvania, the health system’s latest initiative focuses on constructing a new ambulatory surgery center and medical office building in South Middleton Township, near Carlisle. The Board of Supervisors unanimously approved the plan […]
News Release: MRA Group Acquires 40,000 Square Foot Medical Office Building in Lansdale, PA with Plans for Extensive Renovations
NEWS PROVIDED BY MRA Group 10 Aug, 2023, 11:10 ET HORSHAM, Pa., Aug. 10, 2023 /PRNewswire/ — MRA Group (MRA), a privately held real estate development and client services firm, has announced its acquisition of the former LMG Medical Building, a 40,000 square foot medical office complex situated on over 10 acres, at 1001 S. Broad […]
News Release: Astellas to Open New Life Sciences Facility in DivcoWest’s Cambridge Crossing Neighborhood
NEWS PROVIDED BY Astellas Pharma Inc. 09 Aug, 2023, 19:30 ET TOKYO and SAN FRANCISCO, Aug. 9, 2023 /PRNewswire/ — Astellas Pharma Inc. (TSE: 4503, President and CEO: Naoki Okamura, “Astellas”) and DivcoWest, a DivCore Capital Company, announced today plans for Astellas to open a new state-of-the-art life sciences facility at 441 Morgan Avenue, in […]
Life Sciences: BXP reports solid Q2; plans to lean into life sciences
Boston Properties says it is well positioned for a coming rebound in tenant demand By Murray W. Wolf Boston Properties Inc. (NYSE: BXP) reported solid second quarter (Q2) financial results last Tuesday (Aug. 1), surpassing market expectations. But there was bad news, too. Executives of BXP, which is active in the office, life sciences and […]
Industry Pulse: Georgia could be the next HRE boom state, as lawmakers plan to examine CON law
In other states that have dropped, or dramatically lessened the effects of, their Certificate of Need (CON) laws, the development of hospitals, MOBs and other types of healthcare facilities has increased dramatically. One such state is Florida, where healthcare projects have soared since the state repealed significant portions of its CON law in 2019. Now, […]
News Release: Harrison Street Acquires New Medical Office Property in Escondido, California
Fully-Leased, Class-A Property is Part of Expanding Palomar Medical Center Campus CHICAGO, IL and ESCONDIDO, CA, August 8, 2023 – Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, with approximately $56 billion in assets under management, today announced the acquisition of Palomar Health Outpatient Center III, a newly […]
News Release: RTG Partners with Erlanger Health to Provide Comprehensive Real Estate Management Services for 1.6-Million-Square-Foot Portfolio
(Knoxville, TN – July 2023) Erlanger Health, Inc. (Erlanger) recently announced a partnership with Realty Trust Group (RTG), a full-service healthcare real estate advisory and services firm, to manage its 1.6-million-square-foot real estate portfolio. Based in Chattanooga, TN, Erlanger is a nationally acclaimed, six-hospital system that treats more than 600,000 people annually, with facilities spanning […]
