News Release: Hanley Investment Group Arranges $6.4 Million Sale of Single-Tenant Walgreens-Occupied Property in Kern County, CA; 5.25% Cap Rate

News Release: Hanley Investment Group Arranges $6.4 Million Sale of Single-Tenant Walgreens-Occupied Property in Kern County, CA; 5.25% Cap Rate

TEHACHAPI, Calif., June 27, 2022 – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the sale of a single-tenant net-leased investment occupied by Walgreens in Tehachapi in Kern County, California. Located in the southern end of […]

Rendering Credit: Eckenhoff Saunders

News Release: McHugh Construction Starts Vertical Construction on 5-Story Howard Brown Health Clinic on Chicago’s North Side

CHICAGO (June 27, 2022) — Chicago-based McHugh Construction announces it has started vertical construction on a new five-story healthcare facility and medical office at 3501 N. Halsted St. for Howard Brown Health, the Midwest’s largest LGBTQ healthcare organization, after breaking ground in late March in the city’s Lakeview neighborhood. The 91,000-square-foot building, which will replace […]

News Release: “Shape Shifting in Old Town Scottsdale...a Building Transformed”

News Release: “Shape Shifting in Old Town Scottsdale…a Building Transformed”

Scottsdale, Ariz., June 27, 2022 — July 11, 2022, marks the official groundbreaking ceremony for the Scottsdale Medical Pavilion, 7331 East Osborn Drive. Centum Health Properties will transform the building from a triangle to a rectangle beginning this summer. Completed in 1976, the building was designed by well-known architect and statesman, Michael Goodwin. In 2014, […]

News Release: Inspirit Senior Living and Venue Capital Add to Tennessee Senior Living Portfolio

MCLEAN, Va., June 27, 2022 (Newswire.com) – Inspirit Senior Living (“Inspirit”) and Venue Capital (“Vencap”) co-sponsored a joint venture to acquire a portfolio of two properties located in the Knoxville, Tennessee MSA. Formerly operated by a national operator, these new Inspirit Senior Living communities are now individually recognized as Rain Forest Landings in Knoxville, TN, […]

News Release:  H2C Executes $35M in Financings for Regional Senior Living Owner/Operator

News Release: H2C Executes $35M in Financings for Regional Senior Living Owner/Operator

NEW YORK, June 27, 2022 — H2C Securities Inc. (“H2C”), a healthcare focused strategic advisory firm, served as the exclusive advisor to Mainstay Senior Living (“Mainstay”) to secure financing for a pipeline of acquisitions, ground-up development projects, and refinancings. ​ Director Matthew Tarpley and Vice President Mitch Levine led the transactions for H2C. ​ The […]

News Release: Cushman & Wakefield Arranges $97.5M Sale of Full Continuum Property in Hamilton, New Jersey

News Release: Cushman & Wakefield Arranges $97.5M Sale of Full Continuum Property in Hamilton, New Jersey

Hamilton, NJ – June 24, 2022 – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of Homestead at Hamilton, a 195-unit independent living, assisted living and memory care community in Hamilton, New Jersey. The final sale price was $97,500,000. The community, which was leased to nearly 100% occupancy […]

News Release: Cushman & Wakefield Arranges $97.5M Sale of Full Continuum Property in Hamilton, New Jersey

News Release: Cushman & Wakefield Arranges $97.5M Sale of Full Continuum Property in Hamilton, New Jersey

Hamilton, NJ – June 24, 2022 – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of Homestead at Hamilton, a 195-unit independent living, assisted living and memory care community in Hamilton, New Jersey. The final sale price was $97,500,000. The community, which was leased to nearly 100% occupancy […]

News Release: Cushman & Wakefield’s Private Capital Group Brokers Sales of Adjacent Medical Office Suites in Encinitas, CA

News Release: Cushman & Wakefield’s Private Capital Group Brokers Sales of Adjacent Medical Office Suites in Encinitas, CA

Two units acquired separately by local doctors for combined $2.86 million SAN DIEGO, Calif., – June 23, 2022 – Cushman & Wakefield announced the firm has brokered the sale of two medical office condo suites for a combined price of $2.86 million in Encinitas (San Diego), California. Originally a single unit, the suites are located […]

News Release: Vanbarton Healthcare Group and Tramview Capital Management Joint Venture Plan $100 Million Investment into Healthcare Properties Nationwide

Vanbarton Healthcare Group, a newly formed operating division of New York City-based real estate investment manager Vanbarton Group LLC, is teaming with Tramview Capital Management in a joint venture targeting healthcare investments in select markets throughout the country. NEW YORK (PRWEB) JUNE 23, 2022 —Vanbarton Healthcare Group, a newly formed operating division of New York […]

News Release: McCarthy Breaks Ground on Houston Methodist Cypress Campus

News Release: McCarthy Breaks Ground on Houston Methodist Cypress Campus

570,700 -square-foot facility planned as hospital of the future HOUSTON – June 23, 2022 – McCarthy Building Companies, Inc. has begun construction on Houston Methodist’s new Cypress campus. Houston Methodist’s ninth hospital in the greater Houston area, the campus sits on 106 acres and will consist of a seven-story hospital, two medical office buildings, and […]

News Release: Montecito Medical Acquires Another Medical Office Property in Las Vegas

News Release: Montecito Medical Acquires Another Medical Office Property in Las Vegas

Multi-tenant building expands company’s market presence NASHVILLE, Tenn. and LAS VEGAS, Nev., June 23, 2022 –Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a 32,000+ square-foot medical office building in Las Vegas, Nevada. Las Vegas Urology serves as anchor tenant for the property, which also is […]

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News Release: MedCraft Investment Partners Acquires 15,800 SF Surgical Center in Champaign, IL

Investing in physicians to recapitalize and position for growth Minneapolis, Minn. – June 23, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the Olympian Surgical Suites located at 1002 Interstate Drive in Champaign, Illinois. The 15,800 SF surgery center was built in 2009 on a 3.5 acre […]

News Release: Newmark Closing Announcement -- SALE AND DEVELOPMENT FUNDING OF A 160,000 SF, STATE OF THE ART SURGERY CENTER & MEDICAL OFFICE BUILDING PROJECT

News Release: Newmark Closing Announcement — SALE AND DEVELOPMENT FUNDING OF A 160,000 SF, STATE OF THE ART SURGERY CENTER & MEDICAL OFFICE BUILDING PROJECT

A Build-to-Suit Surgery Center & Medical Office Development: UBMD ASC & MOB in Amherst, New York (Buffalo MSA) Amherst, NY, June 22, 2022 — Newmark’s Healthcare Capital Markets Team facilitated the sale and development funding of a 160,000 SF Surgery Center & Medical Office Development located in Amherst, New York – the most populated town […]

NEWS RELEASE: Pamela Boneham Joins Ventas Investment Management Platform as Senior Strategic Advisor

NEWS RELEASE: Pamela Boneham Joins Ventas Investment Management Platform as Senior Strategic Advisor

CHICAGO–(BUSINESS WIRE)–June 22, 2022, 9:30 AM Central Daylight Time–Ventas, Inc. (NYSE: VTR), a leading real estate investment trust (REIT), announced today that it has appointed Pamela Boneham as a Senior Strategic Advisor to its Ventas Investment Management (VIM) Platform. In this role, Boneham will provide experienced advice and guidance across Ventas’s institutional third-party investment management […]

Takeda has signed a 600,000-square-foot lease in the heart of Cambridge’s thriving Kendall Square innovation ecosystem. The building will also include more than 15,000 square feet of publicly accessible all-season flexible space and a 300+-seat theater. (Rendering Credit: CBT Architects)

News Release: BioMed Realty Announces Landmark Lease with Takeda at 585 Kendall to Accommodate Cambridge Expansion

CAMBRIDGE, Mass., June 22, 2022 06:00 AM Central Daylight Time, (BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, today announced that Takeda has leased the entire leading-edge research and development project totaling approximately 600,000 square feet in Kendall Square located at 585 Third Street in Cambridge, […]