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Alliance Consolidated Group of Companies acquired 6120 S. Fort Apache Road in Las Vegas for $6.8 million as part of a sale-leaseback.

News Release: Alliance Consolidated Group of Companies Acquires Net-Leased Medical Office Building in Las Vegas

Deal marks first acquisition made by Alliance’s $50 million healthcare real estate investment fund CHICAGO (Sept. 21, 2022) — Alliance Consolidated Group of Companies (Alliance) today announced it has acquired a net-leased medical office building at 6120 S. Fort Apache Road in southwest Las Vegas. The $6.8 million transaction was a sale-leaseback of the facility, […]

News Release: Catalyst and National Announce Ocala Eye’s Expansion in The Villages

PENSACOLA, Fla., September 21, 2022 – 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, announce the development of a 22,500 square foot (SF) medical office building and ambulatory surgery […]

News Release: MidCap Financial Closes First Mortgage on a 72,538 Square Foot Office Condominium in UCity Square, Philadelphia, PA to be Repurposed for Life Sciences and Medical Uses.

BETHESDA, MD, September 21, 2022 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a $24,660,000 transaction with Sounding Capital Partners. The floating rate first mortgage loan facilitated the acquisition and repositioning of a 72,538 square foot office condominium located at 3624 Market Street in UCity […]

News Release: Montecito Acquires Orthopedic Property in Mississippi

News Release: Montecito Acquires Orthopedic Property in Mississippi

FLOWOOD, Miss., Sept. 21, 2022 — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a 49,500 square-foot medical office building in Flowood, Mississippi. The building, which opened in 2018, is 100% leased to Capital Ortho, a practice group with locations across the Jackson area. The property […]

News Release: Thermo Fisher Scientific Partners with Pennsylvania Biotechnology Center to Support Life Sciences Growth in Philadelphia

Lab incubators offer biotech residents flexible, plug & play lab and research space within a specialized network of resources, programming, and expertise WALTHAM, Mass., Sept. 21, 2022, (BUSINESS WIRE)–The Pennsylvania Biotechnology Center (PABC) announced that Thermo Fisher Scientific has become a founding sponsor supporting the PABC campus in Doylestown, Pa., and their new B+Labs incubator […]

News Release: Kindred Behavioral Health and Dignity Health Announce Plans for New Inpatient Behavioral Health Hospital in Glendale

The free-standing 96-bed facility will help meet the region’s rapidly growing need for mental health services BRENTWOOD, Tenn. & PHOENIX, Sept. 20, 2022, (BUSINESS WIRE)–Kindred Behavioral Health (KBH), a business unit of LifePoint Health, and Dignity Health today announced the signing of a letter of intent to build and operate a new inpatient behavioral health […]

News Release: $61M construction loan secured for suburban Dallas seniors housing development

News Release: $61M construction loan secured for suburban Dallas seniors housing development

JLL Capital Markets arranged the financing for The Preserve at Spring Creek, a 230-unit senior living community in Garland, TX SEATTLE – September 19, 2022 – JLL Capital Markets announced today that it has arranged $61 million in construction financing for the development of The Preserve at Spring Creek, a 230-unit assisted living, memory care […]

News Release: Two healthcare real estate development veterans join Hammes

News Release: Two healthcare real estate development veterans join Hammes

Milwaukee, WI, September 15, 2022 – Hammes is pleased to announce the hire of two seasoned healthcare development professionals, Steve Buckeridge and David Ransom. Steve Buckeridge joins the team as a Senior Vice President with Hammes Partners while David Ransom joins Hammes Healthcare as Vice President of National Development Services. “We are thrilled to welcome […]

News Release: LPC West and Intercontinental Real Estate Corporation Close on Future 9-Story Life Sciences Building Near Seattle’s Space Needle

News Release: LPC West and Intercontinental Real Estate Corporation Close on Future 9-Story Life Sciences Building Near Seattle’s Space Needle

SEATTLE, Sept. 15, 2022, (BUSINESS WIRE)–LPC West, the West Coast arm of national real estate firm Lincoln Property Company, has partnered with Intercontinental Real Estate Corporation (“Intercontinental”) to close on a future 9-story office building near Seattle’s Space Needle, with plans to develop the property into a life sciences space. Located on the border of […]

News Release: Broadmark Realty Capital Unveils New Brand Identity, Announces First Mezzanine Loan

New company website, logo represent Broadmark’s ongoing commitment to providing smart, reliable, rapid investment solutions $10 million mezzanine loan will finance the acquisition of retail center in Issaquah, Wash.; reflects evolution and diversification of company’s product offering Broadmark also recently provided a nearly $25 million loan for the acquisition of a self-storage portfolio, including properties […]

NexCore Group announces grand opening of orthopedic facility outside Omaha, Neb. in partnership with OrthoNebraska.

News Release: NexCore Group orthopedic medical office building opens in Omaha, Neb. suburb

OrthoNebraska Council Bluffs facility now open in Iowa DENVER, Sept. 14, 2022 /PRNewswire/ — Just over a year after breaking ground in Council Bluffs, Iowa, Denver-based health care real estate developer NexCore Group is celebrating the grand opening of a new orthopedic medical office building (MOB) located at 1260 Valley View Drive in Council Bluffs. […]

News Release: Realty Trust Group Helps Develop and Manage New UT Medical Center Orthopaedic Institute

KNOXVILLE, Tenn., Sept. 15, 2022 — Realty Trust Group (RTG) partnered with leaders from The University of Tennessee (UT) Medical Center, OrthoTennessee, and UT Research Park at Cherokee Farm to develop a new orthopaedic institute in Knoxville, TN. For a video on the project, please click here. “This joint venture facility provides the opportunity to better […]

News Release: Vitalis Acquires Off-Market MOB for $7,050,000 in Columbus, OH.

News Release: Vitalis Acquires Off-Market MOB for $7,050,000 in Columbus, OH.

COLUMBUS, Ohio, Sept. 15, 2022 — Vitalis acquired a 19,210 SF Surgical Dermatology and ASC facility located at 428 County Line Rd W, Westerville, OH 43082. The building sold for $7,050,000 or $367 / SF. The Tenant, Qualderm Partners, occupies 100% of the facility on a long term NNN lease. The purpose built facility offers […]

News Release: MDH finds proposed Fairview Health Services and Acadia Healthcare mental health hospital in the public interest

News Release: MDH finds proposed Fairview Health Services and Acadia Healthcare mental health hospital in the public interest

ST. PAUL, Minn., Sept. 12, 2022 — The Minnesota Department of Health (MDH) has found that moving forward with a new, free-standing mental health hospital in Saint Paul is in the public interest due to a lack of inpatient mental health beds. Despite this conclusion, MDH acknowledged significant concerns about the new facility as proposed. […]

News Release: CBRE Arranged Sale of Silicon Valley Medical Office Building for $19.5 Million

News Release: CBRE Arranged Sale of Silicon Valley Medical Office Building for $19.5 Million

SAN JOSE, CALIF. – September 14, 2022 – CBRE arranged the $19.5 million sale of 625 Lincoln Avenue in San Jose from The Sobrato Organization to the property’s tenant, El Camino Health. Scott Prosser, Joe Moriarty, Jack DePuy, Mike Taquino, Kyle Kovac, and Alec Haley of CBRE represented the seller, The Sobrato Organization. “The property […]