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News Release: Optimal Outcomes LLC — New Project in Lakewood Ranch, FL
We are excited to announce plans for our Phase II development in Lakewood Ranch, building on the success of our Lakewood Ranch HealthPark which was completed in 2020. Phase II will consist of up to 50,000 SF of Class A medical office space set on 5 acres with ample surface parking. It is set to […]
News Release: ESI Arranges the Sale of Two Senior Living Communities in Texas
Texas – Evans Senior Investments (ESI) has successfully facilitated the sale of two senior living communities on behalf of a regional owner-operator. Utilizing a focused marketing strategy, ESI engaged with seasoned seniors housing investors well-versed in the market, ensuring a high likelihood of a successful transaction. After securing multiple offers, a local owner-operator was selected […]
News Release: Medical Properties Trust Completes $350 Million Sale of Facilities to Prime Healthcare
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it completed its previously announced sale of five facilities in California and New Jersey to Prime Healthcare (“Prime”) for aggregate consideration of $350 million. The total consideration consists of $250 million paid in immediate cash and a $100 million interest-bearing […]
News Release: ESI Arranges the Sale of Two Skilled Nursing Facilities in Louisiana
Lake Charles, Louisiana – Evans Senior Investments (ESI) has successfully arranged a stock sale for a two-property skilled nursing portfolio in southwest Louisiana. The transaction was completed on behalf of an independent owner. Built in 1970 and 1972 and situated just 10 miles from one another, the two communities are made up of a total […]
News Release: Longfellow Real Estate Partners Delivers Move-In Ready Life Science Space at Preserve Labs
Real estate investor provides new 30,000 SF Class A lab space for immediate occupancy by life science and biotech companies in the I-270 corridor Rockville, MD (April 8, 2024) – Longfellow Real Estate Partners, one of the largest privately owned investors and developers of life science real estate, has delivered 30,000 square feet of Class […]
News Release: HREA Continues Its Growth: Meet Our Newest Member in Denver, CO
HREA | Healthcare Real Estate Advisors is pleased to announce that Joe Karnes has joined the company as a Senior Associate in its Denver office. In this role, Joe will support existing engagements and source new client opportunities. Before joining HREA, Joe was a business development associate with one of the top national institutional healthcare […]
News Release: Gov. Kemp: Life Sciences Manufacturer Meissner to Create 1,700 Jobs in Athens-Clarke County
Atlanta, GA – Governor Brian P. Kemp today announced that Meissner Corporation, an industry leader in advanced microfiltration and therapeutic manufacturing systems, will invest nearly $250 million in a new facility in Athens-Clarke County. The project will create more than 1,700 jobs over the next eight years. “As the No. 1 state for business, Georgia remains […]
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 […]