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News Release: LTC Originates $12.7 Million Loan for Purchase of Skilled Nursing/Assisted Living Campus
WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)—LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it has originated a $12.7 million senior loan to Ignite Medical Resorts (“Ignite”), a current LTC operator, for the purchase of a skilled nursing and […]
News Release: BayCare Reveals Plans for New Hospital in Manatee County
Hospital will be county’s first not-for-profit hospital and only one north of Manatee River CLEARWATER, Fla., April 3, 2024 /PRNewswire/ — BayCare Health System announced construction plans today for its newest hospital, a comprehensive acute care facility to serve the rapidly growing community of Manatee County. BayCare Hospital Manatee will be the county’s first not-for-profit […]
News Release: Kristen Ahrens joins Blueprint Healthcare Real Estate Advisors (“Blueprint”) as Senior Managing Director, Capital Markets
CHICAGO, April 3, 2024 /PRNewswire/ — Blueprint, a leading advisory firm in the healthcare real estate sector, is pleased to announce the appointment of Kristen Ahrens to Senior Managing Director, Capital Markets. Ms. Ahrens’ extensive experience in healthcare real estate finance will be instrumental in driving Blueprint’s strategic initiative of sourcing debt for its clients. […]
News Release: $65M in financing arranged for a six-building office and retail campus in West Los Angeles
JLL Capital Markets secured a $65 million loan for Wateridge LOS ANGELES, Apr. 2, 2024 – JLL Capital Markets announced today that it arranged $65 million in refinancing for Wateridge, a six-building, office and retail campus totaling 583,580 square feet in West Los Angeles, California. JLL worked on behalf of the borrower, LPC Realty Advisors I, […]
News Release: Diversified Healthcare Trust Provides Monthly SHOP Performance Update
NEWTON, Mass.–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today provided an update regarding the recent performance of its Senior Housing Operating Portfolio, or SHOP, segment. Monthly Unaudited Results in DHC’s Total SHOP Properties: February 2024 occupancy was 78.9%, a decrease of 10 basis points from January 2024, and 190 basis points higher than February 2023. February […]
News Release: Rural Healthcare Infrastructure Gets Boost From American Lending Center Participation
IRVINE, Calif.–(BUSINESS WIRE)–American Lending Center has announced participation in construction of two rural hospitals as part of its ongoing efforts to improve rural healthcare. The hospitals are literally on opposite sides of the country – one in Bessemer, Alabama, and the other in Grant County, Washington. Magnolia Bank, headquartered in Kentucky, was the issuing partner […]
News Release: Ohio State, City of Powell mark start of construction of Outpatient Care Powell
COLUMBUS, Ohio – The City of Powell and The Ohio State University Wexner Medical Center are celebrating the beginning of construction on a new outpatient care facility. Outpatient Care Powell is a $183 million project that will include a two-story health center and an attached five-story medical office building. Similar to recent outpatient care facilities […]
News Release: CareTrust REIT Invests $60 Million in Acquisition of Three Southern California Continuing Care Retirement Communities
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has purchased three continuing care retirement communities (CCRCs) located in Los Angeles, Orange, and San Diego counties. The multi-service senior living campuses include 475 assisted living, skilled nursing, and memory care beds/units. All three facilities will be operated by Bayshire Senior Communities, an existing […]
News Release: JLL’s Value and Risk Advisory platform expands its seniors housing team
Daniel Schneider, MAI, a 20-year industry veteran, joins the platform as an Executive Director CHICAGO, Apr. 1, 2024 – JLL’s Value and Risk Advisory platform announced today that it has hired Daniel Schneider, MAI as an Executive Director within its seniors housing team. Schneider, who is based in Philadelphia, will play a critical role in […]
News Release: Mortenson Selected to Lead Phase 1 Development at The MIX
The University of Minnesota Foundation (UMF) announced that Mortenson has been chosen as its partner for the development of the first phase of a 12-acre hub of innovation and economic development in the Twin Cities, newly named The Minnesota Innovation Exchange or “The MIX.” The MIX, located on the eastern edge of the University of […]
News Release: Commercial Development Coming to Former Grafton State Hospital
MassDevelopment, the State’s Land Bank, Sells 33-Acre Parcel to Boston-Based GFI Partners for Creation of New 200,000-Square-Foot Development to be Leased for Life Science or Other Industrial, Flex Uses GRAFTON, Mass. – MassDevelopment has sold a 33.2-acre parcel at 124 Westboro Road in Grafton, formerly part of the state-owned Grafton State Hospital, to GFI Partners. […]
News Release: Orlando Health Neuroscience Institute Unveils New Facility on Downtown Orlando Campus
The space will be the new home of the neuroscience service lines Orlando, FL (March 28, 2024) – Orlando Health Neuroscience Institute is opening a brand-new facility in the heart of the healthcare system’s downtown Orlando campus that will serve patients throughout the southeastern United States. The three-story, 45,000-square-foot medical office building will house neurology, […]
News Release: Charter Medical’s Innovation Hub Joins Innovation Quarter
Winston-Salem-based Charter Medical announced today it has established its new Innovation Hub in downtown Winston-Salem’s Innovation Quarter. The Innovation Hub features a state-of-the-art lab space where single-use studies for freezing, transportation, and protection will be performed to support the biopharma industry’s cold chain logistics process. Charter’s single-use engineering team continues to focus their decades of […]
News Release: King Street Properties Makes Market Entry into San Diego with New Premier Life Sciences Facility, Mesa Labworks
Experienced owner unveils plans to convert existing Sorrento Mesa creative office building into spec lab to cater to region’s life sciences tenant demand Cushman & Wakefield leading leasing efforts for transformative project SAN DIEGO, Calif. – March 25, 2024 – King Street Properties (“King Street”) has unveiled plans for a new premier 60,000-square-foot speculative lab and life […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate Break Ground on New Lynchburg Medical Office Building for Centra
The 130,000-square-foot medical office building will increase access to quality healthcare in Lynchburg LYNCHBURG, VA and CHICAGO, March 26, 2024 – Remedy Medical Properties and its partner Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, broke ground on March 20 for the Centra Langhorne Medical Center, a new 130,000-square-foot […]
