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News Release: AdventHealth Wesley Chapel Expanding to Better Serve Pasco County
August 15, 2024 — WESLEY CHAPEL, Fla. – AdventHealth Wesley Chapel is excited to announce a major expansion to support the growing community of Pasco County. Construction began in early July, with the new additions expected to be ready by late 2025. State and local leaders, including Rep. Randy Maggard, who serves District 38, and […]
News Release: Medical Properties Trust Sells 11 Colorado Facilities for $86 Million
August 14, 2024 04:15 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the completion of its sale of 11 freestanding emergency department (“FSED”), primary care, imaging and urgent care facilities in Colorado to University of Colorado Health (“UCHealth”) for $86 million. The Company intends to […]
News Release: Webster Bank Healthcare Underwrites $30,600,000; Helps Arrange and Underwrite $58,400,000 in Development Capital for Anchor Health Properties
STAMFORD, CT August 14 2024 – Webster Bank Healthcare has underwritten $30,600,000 and helped arrange and underwrite $58,400,000 in construction and mini-permanent debt financing for Anchor Health Properties in support of the ground-up development of two Inpatient Rehabilitation Facilities (IRF) – a 61,000 square foot, 52- bed IRF in Apex, North Carolina and a 100,000 […]
News Release: Lilly opens state-of-the-art research and development center in the Boston Seaport
Lilly Seaport Innovation Center (LSC) serves as the central hub for Lilly’s genetic medicines efforts and houses the first East Coast Lilly Gateway Labs New 346,000 square foot facility will accommodate approximately 500 Lilly scientists and researchers, in addition to 200 people from Lilly Gateway Labs’ companies INDIANAPOLIS, Aug. 13, 2024 /PRNewswire/ — Eli Lilly and […]
News Release: OhioHealth O’Bleness Hospital Kicks off $17 Million Surgery Project
OhioHealth announced today a capital investment that will transform OhioHealth O’Bleness Hospital’s surgery facilities. In fall 2023, the OhioHealth Board of Directors approved $17.2 million to be used for O’Bleness Hospital surgical suite improvements, including its operating rooms, Post Anesthesia Care Unit (PACU), sterile processing area and other support and storage areas. This is the latest in […]
News Release: South Florida Baptist Hospital’s Grand Opening Ushers in New Beginning
PLANT CITY, Fla., Aug. 10, 2024 /PRNewswire/ — The new South Florida Baptist Hospital, part of BayCare Health System, is officially open. The 424,000-square-foot facility replaces the original hospital on Alexander Street, which served the Plant City, Florida, community for more than 70 years. As of 3 a.m. Saturday, the legacy hospital permanently closed and […]
News Release: Sold: Dignity Health Micro-Hospital in Phoenix, AZ MSA
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a micro-hospital located in a rapidly growing area in Phoenix, AZ, the capital and most populous city of Arizona. The multi-specialty Hospital and emergency care center is 100% leased and operated by Dignity Health (Fitch A-) and offers the same level […]
News Release: RSFH will sell Roper Hospital property by 2025
Roper St. Francis Healthcare is announcing today its plans to sell the 11.5-acre property where Roper Hospital is located at 316 Calhoun St. in Charleston to the Medical University Hospital Authority (MUSC Health). The transaction will not be finalized until Roper St. Francis Healthcare relocates hospital operations, anticipated for late 2029, to the Roper Hospital […]
News Release: Berkadia Secures $47.4M in Financing for a 135-Unit Seniors Housing Community in Kensington, Maryland
KENSINGTON, MARYLAND – August 8, 2024 – Berkadia announced today the financing of Modena Reserve at Kensington, a 135-unit, seniors housing community in Kensington, Maryland. Managing Directors Steve Muth and Austin Sacco of Berkadia Seniors Housing & Healthcare secured a $47.4 million loan through a Debt Fund on behalf of the sponsors: A global real […]
News Release: Texas Tech Officials Cut Ribbon on Newest Academic Facility
The Academic Sciences Building offers greater opportunities for collaboration, research and experiential learning. Officials from Texas Tech University, the Texas Tech University System and other community stakeholders celebrated during a ribbon-cutting ceremony today (Aug. 9), officially declaring the Academic Sciences Building (ASB) open for business just as a new academic year appears on the […]
News Release: Ryan Companies Promotes Steve Stecker, CHC to Senior Vice President of Project Development
MINNEAPOLIS, Minn. (Aug. 8, 2024) – Ryan Companies US, Inc., a national commercial real estate solutions provider, is pleased to announce the promotion of Steve Stecker, CHC to Senior Vice President of Project Development, Healthcare. In his elevated role, Stecker will lead business development efforts to further enhance Ryan’s diverse healthcare construction portfolio and sector-specific […]
News Release: Simone Development Signs New Oral Surgeon Practice at 35-30 Francis Lewis Blvd. in Flushing Section of Queens, NY
FLUSHING, NY (August 8, 2024) – Simone Development Companies has signed a 4,807-square-foot, long-term lease of prime medical space with All County Oral & Maxillofacial Surgery at 35-30 Francis Lewis Blvd. in the Flushing section of Queens, NY. Ownership was represented by in-house leasing and legal teams in direct negotiations with the tenant. The recently […]
News Release: Refinancing arranged for North Atlanta medical office portfolio
JLL Capital Markets led the refinancing efforts for Perimeter Town Center in Sandy Springs ATLANTA, Aug. 8, 2024 – JLL Capital Markets announced today that it has arranged refinancing for Perimeter Town Center, a 274,284-square-foot portfolio comprising multiple medical office properties in Sandy Springs, Georgia. JLL worked on behalf of the borrower, Harrison Street and Ackerman […]
News Release: Berkadia Negotiates Class A Active Adult Sale in Greenville, South Carolina
GREENVILLE, SOUTH CAROLINA – August 8, 2024 – Berkadia announced today the sale of The Aspens Verdae, a newly built 159-unit, active adult community in Greenville, South Carolina. Berkadia Seniors Housing & Healthcare, led by Managing Directors Cody Tremper, Mike Garbers, Dave Fasano, and Ross Sanders, negotiated the transaction on behalf of the seller, Texas-based […]
News Release: Healthcare Trust to Internalize Management
NEW YORK–(BUSINESS WIRE)–Healthcare Trust, Inc. (Nasdaq: HTIA / HTIBP) (“HTI”) announced today that it has entered into a definitive agreement with Healthcare Trust Advisors, LLC (the “Advisor”), the external advisor to HTI, and AR Global Investments, LLC, the indirect parent company of Advisor and Healthcare Trust Properties, LLC (the “Property Manager”), the external property manager […]