News Release: Burke Rehabilitation Celebrates Expanded Purchase/Fairfield Outpatient Therapy Site
Elected officials, business leaders, and clinicians unite for a ribbon cutting marking the site’s expansion, welcoming patients from Westchester and Fairfield Counties White Plains, NY (September 12, 2024) – Burke Rehabilitation today celebrated the expansion of its Purchase/Fairfield outpatient therapy site with a ribbon cutting at their state-of-the-art facility. The newly expanded site will enhance […]
News Release: $150M refinancing secured for Boston-area life sciences building
JLL Capital Markets led the financing efforts for Bedford Labs, a newly converted, state-of-the-art facility in Bedford, Massachusetts BOSTON, Sept 9, 2024 – JLL Capital Markets announced today that it arranged a $150 million refinancing for Bedford Labs, a 288,000-square-foot, newly converted, Class A life sciences facility in Bedford, Massachusetts. JLL worked on behalf of the […]
News Release: MCB Science + Health Acquires Four-Story, 72,000 Square Foot Outpatient Medical Building in Naperville, Illinois For $28 Million
Chicago, IL (September 9, 2024) – MCB Science + Health has executed the acquisition of 1331 West 75th Street, a more than 72,000 square foot Outpatient Medical Building in Naperville, Illinois, for $28 million. Known as iMed Naperville Medical Office, the four-story asset was 96 percent leased and occupied at the time of the sale […]
News Release: Eric Fischer Joins Catalyst Healthcare Real Estate as Chief Development Officer
PENSACOLA, FLA. – Catalyst Healthcare Real Estate (Catalyst), a healthcare real estate development and investment firm, is excited to welcome Eric Fischer as the new Chief Development Officer. Eric’s significant experience and development expertise will be key in accelerating Catalyst’s mission and driving innovation. “Eric brings great insight, knowledge, and guidance across all facets of […]
News Release: Elliott Bay Acquires Medtail property in Vernon Hills, IL
SEATTLE — A partnership between Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company specializing in essential healthcare properties, and its partner Pantheon, a leading global private markets investor, today announced the acquisition of Hawthorn Commons, a 48,942 square-foot Medtail property located in Vernon Hills, IL. The multi-tenant building is anchored by Northwestern […]
News Release: Just Closed ✅ $28M Naperville Medical Office | “AA-“ Hospital Anchor
Greenstone Partners successfully sold the iMed Naperville Medical Office Building, a Class-A, multi-tenant medical office asset located in Naperville, Illinois, a prestigious suburb of Chicago. The asset, located at 1331 West 75th Street, sold for $28,000,000 or $386 per square foot. The property is 96% leased to a strong mix of medical tenants, including its […]
News Release: ESI Arranges the Sale of a CCRC in Pennsylvania
Somerset, Pennsylvania – Evans Senior Investments (ESI) has successfully arranged the sale of The Patriot, a Continuing Care Retirement Community (CCRC) in Somerset, Pennsylvania. The transaction was executed on behalf of a non-profit organization. The CCRC offers a diversified unit mix, including 100 licensed skilled nursing beds, 47 personal care units, and 2 independent living […]
News Release: Berkadia Secures $92.71M In Financing For Nine Seniors Housing Communities In Four Different States
Richmond and Scottsdale – September 10, 2024 – Berkadia announced today the financing of nine seniors housing communities totaling $92.71 million located in Montana, Oregon, Arizona, and Florida, with all the deals closing since April. Managing Directors Steve Muth and Ed Williams of Berkadia Seniors Housing & Healthcare completed the financing for a 78-unit assisted […]
News Release: CBRE Appoints Bryan Johnson to Lead Americas Healthcare
Dallas – Sept. 10, 2024 – CBRE announced today that industry veteran Bryan Johnson has rejoined the company as Americas Healthcare Leader for its Advisory & Transaction Services line of business. Mr. Johnson, a seasoned real estate professional with extensive healthcare experience, will lead CBRE’s healthcare growth and client service strategy. His diverse background spans all […]
News Release: Scioto Properties Closes Record $80 MM Real Estate Portfolio Acquisition
COLUMBUS, Ohio, Sept. 10, 2024 /PRNewswire/ — Scioto Properties announces the acquisition of 277 properties across 17 states, marking the company’s largest transaction to date, totaling $80 million. This acquisition significantly expands Scioto’s national footprint and underscores its position as the nation’s largest real estate owner and lessor to residential care providers. By introducing new […]
News Release: Turner Reaches Project Milestone for $102 Million Tennessee Oncology Medical Office Building Project
The project will improve healthcare in the Middle Tennessee region. Turner Construction Company celebrated the topping out of the $76.4 million Midtown Medical Office Building and $25.4 million Tennessee Oncology Tenant Improvements in Nashville, Tennessee. The final steel beam was signed by the workers and clients during the topping out celebration. The five-story, state-of-the-art cancer […]
News Release: Building a brighter future: Adena Health reveals construction plans for new Fayette County hospital
WASHINGTON COURT HOUSE, Ohio, Sept. 5, 2024 /PRNewswire/ — When the former Fayette County Memorial Hospital was welcomed into the Adena Health family in 2021, Adena President and CEO Jeff Graham expressed a desire to make a significant investment in the future of health care in Fayette County. The future, he promised at the time, included […]
News Release: Berkadia Secures $66M in Financing For Four Seniors Housing Communities
CHARLESTON, South Carolina – August 4, 2024 – Berkadia announced today the financing of four loans totaling $66 million. Managing Director Jay Healy of Berkadia Seniors Housing & Healthcare completed the financings on behalf of the borrowers. At the end of June, Healy closed a $20 million bridge-to-HUD loan to refinance a maturing construction […]
News Release: ESI Arranges the Sale of a Skilled Nursing Facility in Missouri
Missouri – Evans Senior Investments (ESI) has successfully arranged the sale of a skilled nursing facility located in Western Missouri. The transaction was executed on behalf of an independent owner-operator seeking to exit the industry. Built in 1987 and situated on over 4 acres of land, the facility is licensed for 199 skilled nursing beds. […]
News Release: Vitalis buys 17,500 SF MOB on 15-Year Leaseback in Bozeman, Montana.
The transaction closed September 5, 2024. Vitalis has acquired a medical outpatient building located at 1905 W College St in Bozeman, Montana. The facility was developed in 2019 for SkinCare MT’s mohs surgery and clinical practice led by Dr. Aaron Bruce. SkinCare MT is the dominate regional practice offering dermatology, aesthetics and skin cancer treatement […]