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News Release: Sale Announcement: Multi-Specialty Outpatient Surgery Center | Effingham, IL
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery located in Effingham, IL. Effingham Surgery Center consists of 17,201 rentable square feet and is 100% leased and occupied by the practicing physicians in partnership with USPI and Sarah Bush Lincoln Health System. Accredited by the […]
News Release: Gov. Kemp Signs Legislation Improving Healthcare Access and Affordability
Athens, GA – Governor Brian P. Kemp, accompanied by First Lady Marty Kemp, Lieutenant Governor Burt Jones, members of the General Assembly, and other state and local leaders, signed a sweeping package of legislation into law that will improve access to quality and affordable health care today at a ceremony in Athens. Among other things, the […]
News Release: Atkins Companies Begins Strategic Transformation of Washington, N.J. Healthcare Building
Project will add over 30,000 square feet of leasable medical space to the building Washington Township, N.J. (April 18, 2024) – Atkins Companies, a leading multigenerational commercial real estate development, investment and property management firm, announces it has begun a multi-million dollar capital improvement project at its Washington Medical Arts building (formerly Kennedy Health & […]
News Release: First Citizens Bank Provides $50 Million to Refinance Los Angeles Medical Office Building
JACKSONVILLE, Fla. — April 18, 2024 — First Citizens Bank today announced that its Healthcare Finance business served as sole lender on $50 million in financing for an affiliate of Tristar Realty Group for the refinancing of Ventana Medical Center. The Ventana is a 122,000-square-foot Class A medical office facility in Tarzana, California, a suburban section […]
News Release: Monday Properties Successfully Refinances 1812 North Moore and Shirlington Gateway for Combined $206M
Citi Provides Five-Year Fixed Rate CMBS Loans for Highly Amenitized Office Tower and Sought After Medical Office Building Monday Properties, a dynamic real estate investment firm and industry-leading developer, has secured refinancing for its Trophy office tower at 1812 N. Moore Street and state-of-the art medical office building, Shirlington Gateway. Citi Real Estate Funding, Inc. […]
News Release: NAI James E. Hanson Negotiates Sale of Partnership Interest of Englewood, N.J. Medical Office Building
Englewood, N.J – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has arranged the sale of a partnership interest of 180 North Dean Street, an 18,488-square-foot medical office building located in Englewood, N.J. NAI James E. Hanson’s Team Lizzack-Horning, comprised of Darren Lizzack, MSRE and Randy Horning, […]
News Release: Medical Properties Trust Sells Majority Interest in Utah Hospitals
Generates Approximately $1.1 Billion of Total Cash Proceeds to MPT Brings Total Liquidity Transactions Year-to-Date to $1.6 Billion, or 80% of MPT’s Initial FY 2024 Target BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has sold its interests in five Utah hospitals to a newly formed joint […]
News Release: Strategic Solutions in Healthcare Real Estate: The RTG Approach
KNOXVILLE, Tenn., April 11, 2024 /PRNewswire/ — Realty Trust Group (RTG) recognizes that healthcare organizations often struggle with critical decisions related to real estate. While clients often focus on cost and time, RTG emphasizes aligning these decisions with broader business objectives. Rather than immediately addressing questions about costs and schedules, RTG begins by understanding the […]
News Release: MedCore Acquires Two Senior Living Communities in Detroit, MI
DALLAS, April 11, 2024 /PRNewswire/ — MedCore Partners in partnership with REDICO/American House has completed the acquisition of two (2) senior living communities located in Troy and Rochester Hills, Michigan (Detroit MSA). The communities will be operated by American House under the brands American House Somerset and American House Hampton Village, respectively. American House Somerset […]
News Release: Greene Park Capital Launches New Entity Focused on Capturing Growing Healthcare Real Estate Investment Opportunities in the UK and Europe
Greene Park Capital Europe will use its extensive experience to work with investors and operators to identify attractive risk-adjusted returns in healthcare real estate. CHICAGO–(BUSINESS WIRE)–Greene Park Capital Founder Carrie Hiebeler announced the launch of a new entity whose team of experienced real estate and healthcare experts will focus on investment opportunities presented by the […]
News Release: Optimal Outcomes LLC — New Project in Lakewood Ranch, FL
We are excited to announce plans for our Phase II development in Lakewood Ranch, building on the success of our Lakewood Ranch HealthPark which was completed in 2020. Phase II will consist of up to 50,000 SF of Class A medical office space set on 5 acres with ample surface parking. It is set to […]
News Release: Medical Properties Trust Completes $350 Million Sale of Facilities to Prime Healthcare
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it completed its previously announced sale of five facilities in California and New Jersey to Prime Healthcare (“Prime”) for aggregate consideration of $350 million. The total consideration consists of $250 million paid in immediate cash and a $100 million interest-bearing […]
News Release: HREA Continues Its Growth: Meet Our Newest Member in Denver, CO
HREA | Healthcare Real Estate Advisors is pleased to announce that Joe Karnes has joined the company as a Senior Associate in its Denver office. In this role, Joe will support existing engagements and source new client opportunities. Before joining HREA, Joe was a business development associate with one of the top national institutional healthcare […]
News Release: Gov. Kemp: Life Sciences Manufacturer Meissner to Create 1,700 Jobs in Athens-Clarke County
Atlanta, GA – Governor Brian P. Kemp today announced that Meissner Corporation, an industry leader in advanced microfiltration and therapeutic manufacturing systems, will invest nearly $250 million in a new facility in Athens-Clarke County. The project will create more than 1,700 jobs over the next eight years. “As the No. 1 state for business, Georgia remains […]
News Release: LTC Originates $12.7 Million Loan for Purchase of Skilled Nursing/Assisted Living Campus
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 that it has originated a $12.7 million senior loan to Ignite Medical Resorts (“Ignite”), a current LTC operator, for the purchase of a skilled nursing and […]