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News Release: Owner of surgery center building in Hendersonville, TN, chooses Montecito Medical
HENDERSONVILLE, Tenn., Aug. 29, 2022 — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a surgery center building in the Nashville suburb of Hendersonville, Tennessee. The Indian Lake Surgery Center property, which offers approximately 7,300 square feet of space, is 100% leased. “We are excited to […]
News Release: Medical Properties Trust Announces Agreement for LifePoint Health to Acquire Majority Interest in Springstone
BIRMINGHAM, Ala., Aug. 29, 2022, (BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that a subsidiary of LifePoint Health, Inc. (“LifePoint”) has agreed to acquire a majority interest in Springstone Health Opco, LLC (“Springstone”) from the current management group based on an enterprise value of $250 million. In October 2021, […]
News Release: Inspirit Senior Living and Venue Capital Continue Expansion in Tennesse With Knoxville Acquisition
MCLEAN, Va., August 29, 2022 (Newswire.com) – Inspirit Senior Living (“Inspirit”) and Venue Capital (“Vencap”) continue to expand in Tennessee, with their third property acquisition in the Knoxville MSA in the past three months. Formerly operated by a local single property owner and operator, this new Inspirit Senior Living community is now recognized as Windsor […]
News Release: Senior housing community near Orlando secures $37.75M financing
JLL Capital Markets arranged financing for The Glades at ChampionsGates on behalf of Fortress Investment Group ORLANDO – August 29, 2022 – JLL Capital Markets announced today that it has arranged $37.75 million in financing for The Glades at ChampionsGates, a luxury 223-unit senior living community in the Orlando suburb of ChampionsGate, Florida. JLL worked […]
News Release: Memorial Health Announces New Memorial Jerome Medical Center (Ohio)
Facility to Meet Patient Needs of Developing Jerome Area MARYSVILLE, Ohio, Aug. 26, 2022 — At its May monthly meeting, the Board of Trustees of Memorial Health approved the purchase of six acres of land near the intersection of Routes 42 and 33, with frontage along the busy highway that runs from Dublin to Marysville […]
News Release: BMO Healthcare Real Estate Finance acts as Administrative Agent and Lead Arranger of $200 Million Acquisition Loan for a Joint Venture between Dallas-based Big Sky Medical and Bahraini investor GFH for a medical office portfolio.
Chicago, August 26, 2022 – BMO’s Healthcare Real Estate Finance group announces that it has closed on a $200 million term loan on behalf of a joint venture between Dallas-based Big Sky Medical Real Estate and GFH, an institutional investor based in Bahrain with a global portfolio of investments. The BMO loan provided financing for […]
News Release: First-of-its-Kind Mixed-Use Development by Belmont Village Senior Living and Baptist Health South Florida Reaches Construction Milestone in Coral Gables
CORAL GABLES, Fla., August 25, 2022, (BUSINESS WIRE)–Award-winning senior housing developer and operator Belmont Village Senior Living and renowned healthcare organization Baptist Health South Florida announce the topping out of Belmont Village Senior Living Coral Gables on August 25, located at 4111 Salzedo Street. Opening in 2023, this community represents an unprecedented joint venture to […]
News Release: SRS’ National Net Lease Group Brokers $46.7 Million Off-Market Sale of a Skilled Nursing Facility in Fort Myers, FL
This transaction marks the largest for a medical or office property in Lee County year-to-date Fort Lauderdale, FL (August 25, 2022) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $46.7 million off-market sale of a single-tenant medical facility occupied by Lee Memorial Health System’s Gulf Coast Medical […]
News Release: Montecito Medical Acquires Two Medical Office Properties in Lake Charles, LA
Montecito Medical, a premier owner of medical office properties throughout the U.S., has acquired two medical office buildings in Lake Charles, Louisiana. The buildings offer a combined total of 54,417 square feet and are 100% leased. The larger of the two properties, with 41,000 square feet, is occupied by the Center for Orthopaedics. The Center […]
News Release: Acquisition of future Houston-area cGMP life science facility closes
JLL Capital Markets arranged the acquisition of the 76,000-square-foot 9501 Lakeside Blvd. in The Woodlands, Texas WASHINGTON, D.C., August 24, 2022 – JLL Capital Markets announced today that it has closed the acquisition of 9501 Lakeside, a future 76,000-square-foot, cell therapy manufacturing facility located in The Woodlands within the Houston, Texas, MSA. JLL represented the […]
News Release: COMMONWEALTH SELECTS PARTNER FOR TRANSFORMATION OF HURLEY BUILDING
$1B+ Project Will Activate an Underutilized Site in Downtown Boston with Life Sciences & Mixed-Use Redevelopment, Solving Decades of Site Challenges BOSTON, Aug. 24, 2022- Today, the Baker Polito Administration announced the designation of Leggat McCall Properties (LMP) as the Commonwealth’s partner to redevelop the Charles F. Hurley Building. The project will catalyze substantial economic […]
News Release: Sonoma Biotherapeutics Signs Long-Term Lease to Create New 83,000-SF Treg Cell Therapy R&D and Manufacturing Center in Seattle
Cushman & Wakefield and JLL represented the tenant in the long-term lease transaction SEATTLE, Wash., August 24, 2022 – Cushman & Wakefield and JLL today jointly announced that the firms have represented Sonoma Biotherapeutics, Inc. in a long-term lease agreement to develop an approximately 83,000-square-foot Research and Development (R&D) and Manufacturing Center in Seattle, Washington. […]
News Release: HREA Announces Michael Altieri as Director of Healthcare Real Estate Investment Sales
CHARLOTTE, NC, Aug. 24, 2022 — HREA | Healthcare Real Estate Advisors is pleased to announce that Michael Altieri has joined the firm as Director of Healthcare Real Estate Investment Sales. Located in HREA’s Charlotte, North Carolina office, Michael will be primarily responsible for HREA’s growth and expansion in the Midwest and Eastern U.S. Michael has […]
News Release:Sonoma Biotherapeutics Enters Long-Term Lease Agreement to Establish a Treg Cell Therapy R&D and Manufacturing Center
Center will be devoted to research, development and manufacturing of novel regulatory T cell (Treg) therapies for autoimmune and inflammatory diseases Center will house a cGMP-compliant manufacturing facility designed to produce cell products at scale for upcoming clinical trials across Sonoma Bio’s gene-modified Treg programs SOUTH SAN FRANCISCO, Calif. & SEATTLE, Aug. 24, 2022–(BUSINESS WIRE)–Sonoma […]
News Release: Fairfield Advisors Announces $5,500,000 Sale of Tucson Orthopedic Institute MOB
TUCSON, Aug. 23, 2022 — Fairfield Advisors announced that it has facilitated the sale of the Tucson Orthopedic Institute Medical Office Building located at 12315 N. Vistoso Park Drive in Oro Valley, AZ. Fairfield represented the seller in the transaction. The building was built in 2017 and totals 10,500 square feet. Tucson Orthopedic Institute is the […]
