News Release: Prevarian Companies and Voyages Start Construction on the First New Behavioral Health Hospital in Dallas in 40 Years
The Prevarian Companies, a Dallas-based healthcare real estate developer, has started construction on a state-of-the-art 72-bed hospital with Voyages Behavioral Health, an affiliate of national healthcare provider PAM Health. Addressing a lack of services in the market area, Voyages Behavioral Health of Dallas will improve access to inpatient acute psychiatric services for adolescents, adults, and […]
News Release: Hudson Pacific and Macerich Complete $700 Million Sale of One Westside and Westside Two
January 03, 2024 02:46 PM Eastern Standard Time LOS ANGELES–(BUSINESS WIRE)–Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, and Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of major retail and mixed-use properties in top markets, today announced the sale […]
News Release: Elevate Research Properties Leases Last Available Lab Suite at The Hudson Research Center
The Icahn School of Medicine at Mount Sinai has signed a 10,000 square foot lease at the 320,000-square foot research facility on Manhattan’s West Side NEW YORK – January 8, 2024 – Elevate Research Properties, the life sciences subsidiary of Taconic Partners, and Silverstein Properties have signed a long term lease with the Icahn School of […]
News Release: SmartLabs Announces Biopharma Veteran Brian Taylor as New Interim CEO
Taylor to oversee the development and provision of scientific service offerings for SmartLabs’ partners engaged in programs of various sizes and scales, from early discovery to commercial manufacturing. January 11, 2024 SmartLabs, Inc., the leading provider of modular laboratory infrastructure and resourcing solutions, today announced that Brian Taylor has been appointed interim Chief Executive Officer effective January […]
News Release: Ventas Confirms Receipt of Director Nominations from Land & Buildings
No Shareholder Action Required at This Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today issued the following statement regarding the nomination of three director candidates by Land & Buildings Investment Management, LLC to stand for election to the Company’s Board of Directors at Ventas’s 2024 Annual Meeting of Stockholders. The Ventas Board […]
News Release: Diversified Healthcare Trust Announces Quarterly Dividend on Common Shares
NEWTON, Mass.–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per share per year). This distribution will be paid to DHC’s common shareholders of record as of the close of business on January 22, 2024 and distributed on or about February […]
News Release: Lincoln Property Company Unveils New Brand & Visual Identity
Grounded in the theme of connections, the new brand highlights the company’s forward-looking vision and commitment to a solutions-oriented, personalized client experience DALLAS–(BUSINESS WIRE)—Lincoln Property Company (“Lincoln”), a global, full-service real estate firm, today unveiled the company’s new brand for its integrated, global real estate services platform. The rebrand, the first in the company’s 60-year […]
News Release: Healthpeak Properties Enters into a New $236 Million Joint Venture with Breakthrough Properties on the Callan Ridge Lab Campus in Torrey Pines
January 10, 2024 04:15 PM Eastern Standard Time DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: PEAK) (“Healthpeak”), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, today announced that it has formed a new strategic joint venture with Breakthrough Properties (“Breakthrough”) through a sale of a 65% interest in Healthpeak’s fully leased […]
News Release: Breakthrough Properties Acquires Majority Interest in Callan Ridge, A Newly-Constructed, Fully-Leased Life Science Campus in Torrey Pines
JANUARY 10, 2024 The Acquisition, Via a Strategic Joint Venture with Healthpeak Properties, Further Accelerates Breakthrough’s Growth in Premier Biotech Hubs San Diego, CA (January 10, 2024) – Breakthrough Properties (“Breakthrough”), a leading global life sciences real estate developer, today announced it has acquired a majority interest in Callan Ridge, a two-building Class A life […]
News Release: Celera Properties and True North Management Group Announce Phase One Completion and 42,000 SF of Leasing at Life Science Redevelopment in Andover, MA
CBRE Represented Ownership in Marketing and Leasing Celera Properties and True North Management Group are pleased to announce the successful completion and lease-up of the first phase of their life science redevelopment project in Andover Technology Park at 600 Federal Street in Andover, Massachusetts. This significant milestone represents a major step forward in the transformation […]
News Release: Northwestern Medicine Opens Oak Brook Outpatient Center
Immediate, primary and specialty care available OAK BROOK, Ill., Jan. 10, 2024 — Northwestern Medicine is opening a new 80,000 square-foot medical office building in Oak Brook, Illinois this January. The Northwestern Medicine Oak Brook Outpatient Center, located at 1001 Commerce Drive, houses immediate, primary and specialty care, as well as offers diagnostic imaging, physical […]
News Release: CBRE 2024 US Life Sciences Outlook: Wave of Lab-Construction Completions Will Boost Vacancy, But Drug Pipeline and Federal Funding Hint at Upside
Press Release FOR IMMEDIATE RELEASE Three markets claim three quarters of lab-construction completions in 2024: Boston, San Francisco, San Diego Dallas – Jan. 10, 2024 – The U.S. life sciences real estate market faces multiple challenges this year, though the sector’s resilience is underscored by factors including increased federal funding, a growing pipeline of approved […]
News Release: Large refinancing secured for Brookdale Senior Living
JLL Capital Markets led refinancing efforts for large portfolio on behalf of Brookdale DALLAS, Jan. 9, 2024 – JLL Capital Markets announced today that itclosed a seven-year, fixed rate loan for $179,541,000 with Fannie Mae on behalf of Brookdale Senior Living. Proceeds were used to refinance a seven-year tranche of a large credit facility that Brookdale […]
News Release: Janet Lively McCauley joins ERDMAN’s Senior Leadership Team as VP Healthcare
MADISON, WIS. – As ERDMAN continues to invest in developing leaders, we are excited to announce Janet Lively McCauley, CPSM has been promoted to Vice President of Healthcare. She joined ERDMAN in 2022, serving as Vice President, Business Development – Healthcare. In 2023, she began overseeing the firm’s marketing department, linking corporate strategy and key […]