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News Release: University of Maryland, Baltimore and Wexford Meeting Critical Demand for Wet Lab Space in Baltimore Region
Doubling the University of Maryland BioPark’s lab space, the two-phase 4MLK development project will represent more than $320 million in total capital investment BALTIMORE, Sept. 22, 2022 — University of Maryland, Baltimore (UMB) and Wexford Science & Technology, LLC, announced today that 4MLK, the newest development project in the University of Maryland BioPark, is slated to […]
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: GI Partners Announces the Acquisition of Premier Life Sciences Properties in Leading Coastal Markets
SCOTTSDALE, AZ, September 21, 2022 – GI Partners, a leading private investment firm, continues its strategy of acquiring and managing technology and science real estate by announcing the acquisition of four life sciences properties totaling over 407,000 square feet on behalf of its Essential Tech + Science Fund (GI Partners ETS Fund LP, the “ETS […]
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
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: Cooperman Barnabas Medical Center Breaks Ground on $225 Million Comprehensive Cancer Center on Livingston Campus
Five-story, multidisciplinary outpatient center will be RWJBarnabas Health’s northern hub for world-class cancer care LIVINGSTON, N.J., Sept. 21, 2022 /PRNewswire/ — Cooperman Barnabas Medical Center (CBMC), an RWJBarnabas Health facility, broke ground this week on a five-story, 137,000 square-foot cancer center on its Livingston Campus. The $225 million, freestanding outpatient facility, scheduled for 2025 completion, […]
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: Johnson & Johnson Opens State-of-the-Art Science and Technology Campus in San Francisco Bay Area
Significant investment will enable world-class discovery research, innovation in data science and digital health and collaborations in the Bay Area BRISBANE, Calif., Sept. 20, 2022, (BUSINESS WIRE)–Johnson & Johnson (NYSE: JNJ) (the Company) today opened its San Francisco Bay Campus, a state-of-the-art Research & Development (R&D) facility in the Bay Area, one of the world’s […]
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
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
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 […]
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. […]
