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News Release: NYC Healthcare Innovation Campus, Cure®, Fuels Economic Growth
17 companies across the healthcare industry join Cure’s ecosystem More than $550 million raised by residents since 2021 Cure hosts 40 industry events engaging 2,000 healthcare leaders to date NEW YORK, Aug. 2, 2022–(BUSINESS WIRE)–Cure, a New York City healthcare innovation campus designed by Deerfield Management, fuels economic growth. The Cure building has attracted 17 […]
News Release: Sale of life science building in suburban Philadelphia closes
JLL Capital Markets facilitated the sale of 466 Devon Park Dr., a fully leased lab facility in Wayne, PA PHILADELPHIA – August 2, 2022 – JLL Capital Markets announced today that it has closed the sale of 466 Devon Park Dr., a 155,200-square-foot GMP rated lab facility in Wayne, Pennsylvania, a suburb of Philadelphia. JLL […]
News Release: CareTrust REIT Provides Secured Loan on California Skilled Nursing Facilities
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has extended a $22,250,000 “B” piece secured loan in connection with the acquisition of a 5-asset skilled nursing portfolio in California. The portfolio includes approximately 600 skilled nursing beds. The “B” piece of the secured term loan carries a three-year maturity with two, 1-year […]
News Release: Omega Reports Second Quarter 2022 Results and Recent Developments
Completed $73 Million in New Investments HUNT VALLEY, Md., Aug. 1, 2022–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended June 30, 2022. SECOND QUARTER 2022 AND OTHER HIGHLIGHTS Net income for the quarter of $92 million, or $0.38 per common share, compared to $87 […]
News Release: CBRE Hires Senior Executive James Bennett to Bay Area Life Sciences Team
Bennett adds over 30 years of experience in life sciences sector across the West Coast Palo Alto, Calif. – Aug. 1, 2022 – CBRE announced the hire of James Bennett as Vice Chairman in Palo Alto. Mr. Bennett will join CBRE’s life sciences practice in the San Francisco Bay Area, bringing over 30 years of […]
News Release: Avison Young markets Regency Medical Campus in Ohio
Chicago, IL, Aug. 1, 2022 – Avison Young today announced it has negotiated the sale of a three-building 110,780 square-feet (sf) class A medical office complex at 1000-3000 Regency Court in Toledo, Ohio. Avison Young’s Mike Wilson and Erik Foster, Principals based in the firm’s Chicago office and members of the national healthcare capital markets […]
News Release: HEALTHCARE REAL ESTATE GROUP ASTORIA HEALTHCARE PROPERTIES CHANGES NAME TO MONUMENT HEALTHCARE DEVELOPMENT
Leawood, Kansas — Aug. 1, 2022 — Kansas-based healthcare real estate group Monument Healthcare Development (MHD) has rebranded from its former name, Astoria Healthcare Properties, ahead of planned strategic growth for its development footprint in the U.S. Monument Healthcare Development is a premier healthcare real estate group focused specifically on facility development solutions for physicians, […]
News Release: Thomas Park Investments Reports Strong First Half with $75M in MOB Acquisitions
Company Expands into Southeast with Raleigh, North Carolina Purchase ANNAPOLIS, Md., Aug. 1, 2022–(BUSINESS WIRE)–Thomas Park Investments closed the first half of 2022 with $75 million in medical office building (MOB) acquisitions, halfway toward the company’s goal of $150 million in acquisitions this year. The acquisitions include a purchase in Raleigh, North Carolina, signaling the […]
News Release: JLL secures $585M financing for mixed-use development in Boston
Allston LabWorks will comprise life sciences, retail and multi-housing space at 250, 280 and 305 Western Ave. in Boston’s Allston neighborhood BOSTON, August 1, 2022 – JLL’s Capital Markets group announced today that it has arranged $585 million in construction financing for a mixed-use project consisting of 580,905 square feet of life sciences, retail and […]
News Release: SmartLabs Announces Plans to Expand High-Performance Laboratory Facilities in Philadelphia
– State-of-the-art laboratory space will become available in 2025 – New building will bring SmartLabs to its third city in the United States BOSTON, Aug.1, 2022, BUSINESS WIRE)–Capitalizing on Philadelphia’s emergence as a national hub for cell and gene therapy, SmartLabs, a Boston-based Laboratory-as-a-Service (LaaS) leader, today announced plans to open its first facility in […]
News Release: JLL Life Sciences Industry Insight, San Diego Q2 2022
Market uncertainty causes a slowdown in tenant demand and deal velocity VC investment remains active, boosted by new mega- funds raised by prominent VC’s The local life sciences sector secured over $1.1B in VC funding during Q2, led by Resilience securing a $625M Series D round, bringing the company’s total raised capital to over $2B. […]
News Release: Newmark Arranges $514 Million in Construction Financing for Phase I of Assembly Innovation Park in Somerville, Massachusetts
The financing is one of Greater Boston’s first “green loans” and among $4+ billion in recent and active life science transactions by Newmark’s Boston Debt & Structured Finance group BOSTON, Aug. 1, 2022 /PRNewswire/ — Newmark announces the arrangement of $514 million in construction financing for Phase I of Assembly Innovation Park, a 485,000-square-foot life […]
News Release: Blueprint Healthcare Real Estate Advisors Launches Behavioral Healthcare Group
Blueprint announced today it is launching a Behavioral Healthcare advisory group to join its existing offerings of Seniors Housing and Care, Medical Office, and Capital Markets. Industry veteran Andrew Sfreddo will serve as Head of Behavioral Healthcare, and fellow behavioral healthcare real estate veteran, Shane Harmon, will serve as Senior Director. In 2020, behavioral healthcare […]
News Release: MedCraft Investment Partners is Expanding Their Team
Minneapolis, Minn. – July 28, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, is excited to welcome new team members Alice Schweiger and Ivy Shuman. “We are fortunate to have Alice and Ivy join our team. They share the core MedCraft values of hard work, having fun, creative […]
News Release: $165M refinancing arranged for San Diego life sciences campus
JLL Capital Markets led financing efforts for Genesis Science Center, a four-building life sciences campus in the Sorrento Mesa submarket SAN DIEGO – July 29, 2022 – JLL Capital Markets announced today that it has arranged a $165 million refinancing for Genesis Science Center, a four-building, life sciences R&D campus totaling 252,000 square feet in […]
