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News Release: ESI Arranges the Sale of an Assisted Living and Memory Care Community in San Antonio, Texas
PRESS RELEASE San Antonio, Texas – June 13, 2023 – Evans Senior Investments (ESI) seals the deal on the sale of Sodalis at Stone Oak, an assisted living and memory care community in San Antonio, Texas. Sodalis at Stone Oak, a class-A property constructed in 2017, features 42 assisted living and 21 memory care units. […]
Transaction Case Study: Second-chance deal gives Atkins an opportunity
Value-add MOB includes medical conversion; Avison Young was the broker By John B. Mugford Due to rising interest rates and the tight lending market, getting deals done in today’s market can be challenging in any commercial real estate (CRE) asset class – even the ever-resilient healthcare real estate (HRE) sector. As a result, the investors […]
Companies & People: Q&A with CBRE’s Chris Bodnar, BlackBirch’s Dan McNulty
A new partnership between the firms is already working on deals By John B. Mugford Last week, HREI™ reported that six months or so after officially leaving CBRE Group Inc. (NYSE: CBRE), Chris Bodnar, a long-time, well-known healthcare real estate (HRE) facilities broker, has returned to the company in a new but somewhat related role. […]
News Release: ProKidney plans to invest up to $485 million and create as many as 330 jobs in Greensboro
TUESDAY, JUNE 13, 2023 – 00:00 RALEIGH, N.C. ProKidney, Corp., a late clinical-stage cellular therapeutics company focused on chronic kidney disease (CKD), will be establishing a new biomanufacturing facility in Guilford County, potentially creating up to 330 jobs, Governor Roy Cooper announced today. ProKidney, Corp., a late clinical-stage cellular therapeutics company focused on chronic kidney […]
News Release: Rendina Healthcare Real Estate Celebrates the Grand Opening of Innovative Healthcare Facility with PAM Health
NEWS PROVIDED BY Rendina Healthcare Real Estate 12 Jun, 2023, 14:00 ET JUPITER, Fla., June 12, 2023 /PRNewswire/ — Rendina Healthcare Real Estate is pleased to announce the successful opening of the PAM Health Rehabilitation Hospital of Jupiter. This milestone represents our ongoing commitment to providing cutting-edge healthcare environments that meet the evolving needs of patients […]
News Release: Brown to publicly present plans for life sciences building, athletics practice facility in June
Pending approval from the City of Providence, the University plans to build a new laboratory space for cutting-edge life sciences research and boost its athletics program with a proposed new indoor training facility. PROVIDENCE, R.I. [Brown University] — After key approvals by its governing board in late May, Brown University will present plans for a […]
News Release: SRS Real Estate Partners’ National Net Lease Group Completes $10.65 Million Sale of a Newly Developed Single-Tenant Property Occupied by Optima Dermatology in Macedonia, OH
Troy, MI (June 12, 2023) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $10.65 million sale of a newly developed, 15,500-square-foot (sf) medical property fully leased to Optima Dermatology. Located at 8183 Golden Link Boulevard in Macedonia, OH, the property has a 15-year, absolute triple-net lease in […]
News Release: Meet Our Newest Member of HREA: Timothy J. Cajka
HREA | Healthcare Real Estate Advisors, a national leader in providing healthcare real estate advisory and capital market solutions, is pleased to announce that Tim Cajka has joined the firm as Director of Healthcare Real Estate – Investment Sales. Tim is a proven healthcare executive with extensive experience in business development, operations, and client engagement, […]
News Release: Kennedy Wilson Acquires First Tranche of $5.7 Billion Loan Portfolio From Pacific Western Bank
Off-market transaction will expand Kennedy Wilson’s national footprint and debt investment platform by initially adding over $2 billion to fee-bearing capital BEVERLY HILLS, Calif.–(BUSINESS WIRE)– Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson (NYSE: KW) has closed on the initial tranche of […]
News Release: Bristol Myers Squibb Receives U.S. FDA Approval of New State-of-the-Art Cell Therapy Manufacturing Facility in Devens, Massachusetts
The company’s third commercial CAR T manufacturing facility in the U.S. further extends Bristol Myers Squibb’s leadership in cell therapy June 08, 2023 04:16 PM Eastern Daylight Time PRINCETON, N.J.–(BUSINESS WIRE)–Bristol Myers Squibb (NYSE: BMY) today announced that the U.S. Food and Drug Administration (FDA) has approved commercial production at the company’s newest cell therapy […]
Feature Story: HR soars on list of largest owners of medical real estate
But Kaiser Permanente is still No. 1 by far, according to Revista’s latest top 50 report By John B. Mugford It should come as no surprise that the entity that grew its medical real estate portfolio the most in 2022 was Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR), a publicly traded real estate investment […]
News Release: CBRE Analysis: Persistent Expansion in the Number of US Life Science Researchers Highlights Resiliency of US Life Sciences Job Market
Press Release FOR IMMEDIATE RELEASE CBRE’s second annual analysis of US life sciences research talent finds the number of researchers has not declined in more than 20 years, through three recessions Boston/Cambridge remains the top market for life sciences research talent, with Philadelphia and Miami/Fort Lauderdale among the metros that improved the most over the […]
News Release: CareTrust REIT Issues New Investor Presentation for NAREIT’s REITweek 2023 Conference
June 06, 2023 09:06 AM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has released a new investor presentation and business update in conjunction with NAREIT’s REITweek 2023 Investor Conference. The new presentation can be accessed under the “Events and Presentations” tab on the Investors page of CareTrust’s website, […]
News Release: Medical Properties Trust Posts New Investor Presentation
June 06, 2023 08:05 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that a new investor presentation has been posted to its website in connection with the Company’s participation in Nareit’s REITweek Investor Conference. The presentation provides a detailed overview of MPT’s enduring value proposition, […]
News Release: LTC Closes $61.5 Million in New Investments; Transitions Eight-Property Portfolio
June 05, 2023 05:00 PM Eastern Daylight Time WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”) a real estate investment trust that primarily invests in seniors housing and health care properties, today announced it has invested a total of $61.5 million in two transactions, and completed the previously disclosed transition of […]