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News Release: Portal Innovations Partners with the University of Chicago at Hyde Park Labs to Launch New Science Incubator
August 01, 2024 11:04 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Portal Innovations, a national venture creation and development platform, is partnering with the University of Chicago’s Polsky Center for Entrepreneurship and Innovation to design and manage a science startup incubator at Hyde Park Labs. The UChicago Science Incubator will encompass approximately 22,000 square feet at Hyde […]
News Release: Net Absorption of Lab Space Grew Nationally in the Second Quarter
Meanwhile, construction completions totaling 5 million sq. ft. push vacancy rate to 16.7% Dallas – Aug. 1, 2024 – The U.S. life sciences real estate market generated positive net absorption in the second quarter while a wave of construction completions nonetheless increased the national lab vacancy rate, according to a new report from CBRE. Net absorption […]
News Release: CareTrust REIT Announces Second Quarter 2024 Operating Results
Conference Call Scheduled for Friday, August 2, 2024 at 1:00 pm ET August 01, 2024 06:41 PM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended June 30, 2024, as well as other recent events. For the quarter, CareTrust REIT reported: Investments of $267.7 million during […]
News Release: Just Closed | Riviera Village Dental Office Building | Owner-User
• Riviera Village Medical/Dental Building • Multiple Offers • Managed Complicated Transaction Multiple Buyers and Sellers • Seamless SBA Loan Process CONTACT ME For more information, please contact: SIMON MATTOX Senior Vice President 310.906.3295 e-mail Simon LIC N° 01732008 KIDDER.COM
News Release: Hygea Healthcare Celebrates Grand Opening of State-of-the-Art Rehabilitation Center in Middle River
MIDDLE RIVER, Md.–(BUSINESS WIRE)–Hygea Healthcare leadership was joined by Gov. Wes Moore, Special Secretary Emily Keller of the Maryland Office of Overdose Response, Baltimore County Deputy Administrative Officer Elisabeth Sachs, and former Baltimore County Councilwoman Cathy Bevins to officially open its cutting-edge, 50-bed, 30,000 sq ft, substance use treatment center at 1210 Middle River Rd. […]
News Release: Montgomery County Council Approves Great Seneca Plan: Connecting Life and Science
For Immediate Release: Tuesday, July 30, 2024 The Montgomery County Council voted today to approve the Planning Board Draft of the Great Seneca Plan: Connecting Life and Science with revisions. The plan covers 4,330 acres located in the heart of the I-270 Corridor between the cities of Gaithersburg and Rockville and the town of Washington Grove. […]
News Release: Stevens Construction completes Surgical Healing Arts Center & Metro Alliance Surgery Center
FORT MYERS, Fla. (July 30, 2024) – Stevens Construction has completed construction management services for a two-story, 20,764-square-foot medical office building and surgery center located at 6201 Alliance Lane, announced Daniel Adams, Stevens Construction executive vice president. The first-floor houses Surgical Healing Arts Center, which specializes in medical and surgical weight loss, advanced robotic and […]
News Release: ESI Arranges the Sale of 3-Property Portfolio in Ohio
Ohio – Evans Senior Investments (ESI) has successfully arranged the sale of a three-property portfolio in Ohio. The transaction was executed on behalf of the Mariner Management Group, Inc., an independent owner and operator seeking to exit the industry. The portfolio, which was built in stages between 1990 and 2013, consists of three communities with a […]
News Release: Big Sky Medical Expands Healthcare Footprint with Strategic Acquisition in Booming Austin Suburb
CEDAR PARK, TX – July 23, 2024 – Big Sky Medical today announced the acquisition of Baylor Scott & White – Cedar Park, a 38,709 RSF Class A medical outpatient building located in the rapidly growing Austin, Texas metropolitan area. The property is 100% net- leased to Baylor Scott & White Health, Texas’s largest not-for-profit […]
News Release: Healthpeak Properties Reports Second Quarter 2024 Results and Declares Quarterly Cash Dividend on Common Stock
DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: DOC), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, today announced results for the second quarter ended June 30, 2024. SECOND QUARTER 2024 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS Net income of $0.21 per share, Nareit FFO of $0.44 per share, FFO as Adjusted of […]
News Release: Berkadia Negotiates $42.55M Seniors Housing Portfolio Sale In Florida
TAMPA, FL – July 25, 2024 – Berkadia announced today the sale of a four-property, 334-unit assisted living and memory care portfolio along Florida’s West Coast. Senior Director Brooks Minford of Berkadia Seniors Housing & Healthcare closed the transaction on behalf of two separate sellers. The buyer of all four properties, a Central Florida-based family […]
News Release: Healthcare Real Estate Advisory Group Appoints Patrick Dwyer as Executive Managing Director
(Houston, July 2024) The TICI Group of Companies is pleased to announce the appointment of N. Patrick Dwyer as Executive Managing Director, Healthcare Real Estate Advisory and Managing Director, Capital Markets. With over two decades of commercial real estate expertise, he has held positions at several prominent firms, including NAI Ohio Equities, Hplex Solutions, and […]
News Release: Cushman & Wakefield Advises Sale of Medical Office Building in Bellevue, WA Targeted for New ±150-Room Hotel Redevelopment
Kauri Investments acquires site in Warburton neighborhood for $6.75 million Eye Clinic of Bellevue completes sale / leaseback of property for a few more years before relocating to larger facility BELLEVUE, Wash. – July 25, 2024 – Cushman & Wakefield announced the firm has brokered the sale of a freestanding 5,519-square-foot medical office building on a […]
News Release: CBRE Expands Healthcare Advisory Practice in Denver with Senior Vice President Ken Brown
Denver – July 25, 2024 – CBRE announced that Ken Brown has joined its Denver office as a Senior Vice President with CBRE’s Advisory Services Healthcare practice. Mr. Brown will partner with Stuart Thomas and Chessa Pike. The team focuses exclusively on the healthcare sector with an emphasis on assisting mental and behavioral health companies […]
News Release: The St. Joe Company Reports Second Quarter and First Half 2024 Results and Increases Quarterly Dividend by 17%
Hospitality revenue increased substantially above the prior Company quarterly record achieved in the third quarter of 2023. Hospitality gross margin increased to 39.2% in the second quarter of 2024 as compared to 26.2% in the second quarter of 2023. Hospitality revenue increased by 38%, leasing revenue increased by 19%, while real estate revenue decreased by […]