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News Release: Kelsey-Seybold Announces New Tanglewood Clinic
HOUSTON (May 4, 2023) – Kelsey-Seybold Clinic announced plans today to build a 20,000-square-foot clinic in Mid-West Houston near Hunters Creek Village and Tanglewood. The new clinic will be located at 6401 Woodway Drive, Houston, TX 77057, near the Second Baptist Church Woodway Campus and replaces the current Tanglewood Clinic, which has served patients for […]
News Release: Global Medical REIT Announces First Quarter 2023 Financial Results
May 03, 2023 04:15 PM Eastern Daylight Time BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced financial results for the three […]
News Release: Breakthrough Properties Closes Financing and Commences Construction on World-Class Life Sciences Development in Premier Philadelphia Location
NEWS PROVIDED BY Breakthrough Properties May 03, 2023, 15:11 ET “2300 Market by Breakthrough” in Center City is fast-tracked for delivery in 2024 PHILADELPHIA, May 3, 2023 /PRNewswire/ — Breakthrough Properties, a leading global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, today announced it has closed […]
News Release: CURE Daily medical wellness center signs lease at LA area Four Seasons Hotel
JLL represented landlord in the lease LOS ANGELES, May 3, 2023 –– Bringing premier health and wellness services to the hotel industry, JLL announced today that CURE Daily medical wellness center has signed a 7,367-square-foot lease at Four Seasons Hotel Westlake Village located at Two Dole Drive in Westlake Village, California. Cure Daily will use […]
Feature Story: Amid market uncertainty, investors share some strategies
BOMA panelists discuss acquisitions, dispositions and joint ventures By John B. Mugford CHICAGO – As we move further into 2023, there are so many questions about the current slowdown in the healthcare real estate (HRE) acquisitions market, with a heavy emphasis on medical office buildings (MOBs) and where things are headed for the remainder of […]
News Release: Omega Reports First Quarter 2023 Results and Recent Developments
Completed the Transition of 4 Operator Portfolios Year-to-Date Completed $276 Million in New Investments Year-to-Date May 02, 2023 04:15 PM Eastern Daylight Time HUNT VALLEY, Md.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended March 31, 2023. FIRST QUARTER 2023 AND RECENT HIGHLIGHTS Net income […]
News Release: NYC Health + Hospitals/South Brooklyn Health Celebrates the Opening of the New Ruth Bader Ginsburg Hospital
The Ginsburg family joined hospital staff, elected officials and community leaders from across the city to recognize New York City’s first new public hospital since 1982 Nearly $1 billion project features a storm-resilient design, a flood-proof Emergency Department, private patient rooms and state-of-the-art equipment to serve South Brooklyn and its neighboring communities The Ruth Bader […]
Companies & People: Five questions for Jim Pisula
Pinecroft Realty’s new CEO succeeds his brother, Tom Pisula, at the helm of HRE-focused firm By John B. Mugford For starting out as a side business of an energy trader back in 2003, The Woodlands, Texas-based Pinecroft Realty has done rather nicely in the healthcare real estate (HRE) sector. The full-service commercial real estate firm, […]
News Release: Catalyst and National Real Estate Advisors Start Construction on PAM Health’s New Inpatient Rehabilitation Hospital
May 2, 2023 PENSACOLA, FL – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, and National Real Estate Advisors, LLC (National), an investment manager developing and managing large-scale real estate projects on behalf of its clients, begin the development of a 49,000 square foot inpatient rehabilitation hospital (IRH) in Winter Garden, […]
News Releases: Montecito Medical Acquires Medical Office Building in Cincinnati
May 02nd 2023 Real Estate, News Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a 15,000-square-foot medical building in Cincinnati, Ohio. The property is 100% leased to Bon Secours Mercy Health, a leading health system in the region. “We are very pleased to acquire this outstanding medical real […]
News Release: CommonSpirit Completes Purchase of Steward’s Utah Operations
May 01, 2023 05:52 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the commencement of its master lease with CommonSpirit Health (“CommonSpirit”) through CommonSpirit’s wholly owned subsidiary of Catholic Health Initiatives Colorado (“CHIC”), to operate five general acute care hospitals in Utah. CommonSpirit, recognized as […]
News Release: H2C Advises Summit Development on Monetization of Westchester Medical Office Building
H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory firm, served as advisor to Summit Development LLC (“Ownership”) on the monetization of The Medical Offices at Chappaqua Crossing (the “Property”). In a transaction led by H2C Executive Director Matthew Tarpley, the Property sold for $40.0 Million. The ±490,000-square foot Property, which originally served as the Global […]
News Release: VMG Health Acquires BSM Consulting, a Healthcare Consulting Firm
May 01, 2023 08:00 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–VMG Health, a leading full-service healthcare strategy and transaction advisory firm, is pleased to announce it has acquired BSM Consulting (“BSM”), a specialist healthcare consulting firm with offices in Reno, Nevada and Phoenix, Arizona. VMG Health is owned by VMG employees and Northlane Capital Partners (“NCP”). […]
Life Sciences: Largest LSRE owners still upbeat despite challenges
Alexandria, BioMed/Blackstone and Healthpeak say they remain committed By Murray W. Wolf The four largest owners of life sciences real estate (LSRE) are publicly traded companies, and three of those released their first quarter (Q1) earnings reports in recent days. So how are their executives feeling about the current state of the LSRE market during […]
News Release: Healthpeak Properties Board Appoints Kathy Sandstrom as Chair
NEWS PROVIDED BY Healthpeak Properties, Inc. Apr 27, 2023, 16:15 ET DENVER, April 27, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Kathy Sandstrom was appointed as independent Chair of the Board of Directors. Ms. Sandstrom succeeds Brian Cartwright, who will continue to serve on the Board as an independent director. “Regular rotation […]