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News Release: First Citizens Bank Provides More Than $30 Million in Financing to Stockdale Capital Partners to Acquire Two Medical Outpatient Buildings
NEW YORK — Jan. 9, 2025 — First Citizens Bank today announced that its Healthcare Finance division has provided more than $30 million in financing to Stockdale Capital Partners for its acquisition of medical outpatient buildings in California and Texas. Headquartered in Los Angeles, Stockdale Capital Partners, is a leading private equity real estate investment firm […]
News Release: MONTICELLOAM, LLC Funds $22M Working Capital Facility for Skilled Nursing Portfolio
MONTICELLOAM, LLC (“MonticelloAM”), has announced the closing of a $22 million senior secured working capital facility, complementing the firm’s recent $400 million bridge financing for 29 Southeastern skilled nursing facilities. The working capital facility has a three-year initial term and will cover the day-to-day operating expenses of over 2,900 skilled nursing beds across Kentucky and […]
News Release: Atkins Companies Celebrates 75th Anniversary
Welcomes Drew Atkins and Jamie Atkins to senior leadership team West Orange, N.J. (January 9, 2025) – Atkins Companies, a leading multigenerational commercial real estate development, investment and property management firm, is proud to celebrate its 75th anniversary. Marking three generations of family leadership, the company also announces the addition of Andrew “Drew” Atkins and Jamie […]
News Release: Global Medical REIT Announces Succession Plan
Chief Executive Officer Transition Expected in 2025 Mr. Busch to Remain on Board of Directors as Non-Executive Chairman Lori Wittman Appointed Lead Independent Director Effective January 1, 2025 BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those […]
News Release: $344.2M financing secured for Brookdale Senior Living Portfolio
JLL Capital Markets facilitates loan for 47-property independent- and assisted-living portfolio across 14 states DALLAS, Jan. 8, 2025 – JLL Capital Markets announced today that it has secured a $344.2 million agency lending for the Brookdale Senior Living Portfolio, comprising 47 senior living communities across 14 states. JLL represented the borrower, Brookdale Senior Living, to originate […]
News Release: Lawrence Group/Perkins Eastman Design World-Class Ambulatory Cancer Building at Siteman Cancer Center
(St. Louis, MO, Jan. 8, 2025) The new Gary C. Werths Building at Siteman Cancer Center on the Washington University Medical Campus realizes a bold vision for patient-centered, outpatient cancer care through the blending of state-of-the-art technology and robust amenities that support patients’ individual healing journeys. To realize this ambitious vision, Lawrence Group partnered with Perkins […]
News Release: Massachussetts Senate FACT SHEET: An Act enhancing the market review process (H.5159)
An Act enhancing the market review process builds on Massachusetts’ long history of bringing transparency to the health care system while responding to a changing health care landscape. It improves the state’s ability to constrain health care cost growth and ensure that high quality care is both affordable and accessible. The bill strengthens oversight of […]
News Release: Cincinnati Children’s to expand hospital and add medical office building at Liberty Campus
Inpatient beds to more than double, improving access to care for patients and families in and around Butler County Cincinnati Children’s plans a major expansion at its Liberty Campus, improving access to world-class care for kids and families in Butler County and surrounding areas. The expansion will more than double the number of inpatient hospital […]
News Release: CaroMont Regional Medical Center-Belmont Now Open
CaroMont Regional Medical Center-Belmont is now open near Exit 27 on Interstate 85 in Belmont. The hospital, the second for CaroMont Health and the first ever constructed in Belmont, is expected to serve patients in Gaston, Lincoln and Mecklenburg Counties in North Carolina and York County in South Carolina. With 54 licensed inpatient […]
News Release: Cincinnati Children’s to expand hospital and add medical office building at Liberty Campus
Inpatient beds to more than double, improving access to care for patients and families in and around Butler County Cincinnati Children’s plans a major expansion at its Liberty Campus, improving access to world-class care for kids and families in Butler County and surrounding areas. The expansion will more than double the number of inpatient hospital […]
News Release: Institutional Property Advisors Closes $35 Million Mixed-Use Medical and Retail Center Sale in Greater Los Angeles
YORBA LINDA, Calif., Jan. 7, 2025 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Home Ranch Commons, a 60,737-square-foot mixed-use medical and retail center anchored by UCI Health in Yorba Linda, California. The property sold for $34.65 million. “The seller, Greenbridge Partners, was very successful […]
News Release: Marcus & Millichap Capital Corporation Arranges $20 Million Construction Loan for a Hospital in Orange Park, Florida
DALLAS – January 7, 2024 – Marcus & Millichap Capital Corporation (MMCC), a division of Marcus & Millichap (NYSE: MMI), has arranged $20 million in financing for the construction of a 40-private room, inpatient rehabilitation hospital in Orange Park, Florida (Jacksonville MSA). The MMCC team was led by Dallas-based senior director Kevan McCormack who specializes […]
News Release: NexCore Group and Experience Senior Living Break Ground on Premier Senior Living Community in Roland Park, Maryland
The Gallery at Roland Park will feature 111 assisted living and memory care apartment homes, located in the distinctive Baltimore Suburb of Roland Park, Maryland. Denver, CO, NexCore Group, a privately-owned diversified healthcare real estate development, investment, and management company with a national footprint spanning 29 states, and its vertically-integrated senior housing operator, Experience Senior […]
News Release: Mediplex Property Group Marks a Year of Significant Milestones in 2024
FORT WASHINGTON, Pa., Jan. 7, 2025 /PRNewswire/ — Mediplex Property Group is pleased to announce key accomplishments in 2024, underscoring its continued success as a premier assignment-driven real estate developer and investor. Mediplex King of Prussia In the first quarter of 2024, the firm successfully completed the repositioning of an older generation office building into […]
