News Release: Done Deal: Seattle’s Best…gREIT Execution
Blueprint deploys coordinated behavioral healthcare and senior housing marketing strategy to deliver best-in-market pricing for Institutional REIT Blueprint’s Behavioral Healthcare and Seniors Housing Team successfully advised a nationally recognized healthcare REIT to market a Washington state seniors housing asset. … Located in the Bremerton, WA area, the existing asset was identified as an ideal […]
News Release: First Citizens Bank Arranges $99.3 Million for Kayne Anderson Real Estate and Remedy Medical Properties Joint Ventures
New York, NY — Nov. 29, 2023 — First Citizens Bank today announced that its Healthcare Finance business completed two transactions totaling $99.3 million with joint ventures managed by Kayne Anderson Real Estate and Remedy Medical Properties. One joint venture received $75 million in loan proceeds for the acquisition of a surgical hospital, Baylor Scott & […]
News Release: Saint Alphonsus Breaks Ground on Planned Medical Office Building in Caldwell
11/29/2023 Saint Alphonsus Health System will officially kick off construction on a new 4-story, 54,800 square-foot medical office building in Caldwell, Idaho at a groundbreaking ceremony on Wednesday, November 29, 2023 at 9:00 AM (MTN). The Caldwell community is experiencing significant growth and will benefit greatly from access to expanded health care services close to […]
News Release: Three Healthcare Tenants Expand and Extend at Atkins Companies’ Washington Township, N.J. Medical Office Building
Washington Township, N.J. (November 29, 2023) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, announces lease expansions with Rowan Medicine,Weisman Children’s and Jefferson Health at the Washington Medical Arts Building, a 70,000±-square-foot medical office building located at 405 Hurffville Cross Keys Road in Washington Township, N.J. Acquired by […]
News Release: Weill Cornell Medicine to Open Medical Research Center at 1334 York Avenue
Institution’s Research Expansion Will Help Accelerate Innovation in Medicine, Delivering Advanced Treatments and Therapies to Patients NEW YORK (Nov. 28, 2023)—Weill Cornell Medicine is dramatically expanding its campus and research footprint in New York City by securing five floors of 1334 York Ave., the current home of Sotheby’s auction house, the institution announced today. Located […]
News Release: Alexandria Real Estate Equities, Inc. Announces Exclusive Partnership With Lilly to Expand Lilly Gateway Labs to San Diego
Alexandria and Lilly, which began their strategic relationship in 2008, are collaborating to support and accelerate the development of promising early-stage companies in the growing San Diego life science ecosystem PASADENA, Calif., Nov. 28, 2023 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of […]
News Release: Lilly Announces Plans to Open its First-ever Gateway Labs Site in San Diego
November 28, 2023 Scheduled to open in the first half of 2024, Lilly’s new Gateway Labs location, in partnership with Alexandria Real Estate Equities, will feature a world-class, state-of-the-art lab facility to support early-stage scientific entrepreneurs and companies INDIANAPOLIS, Nov. 28, 2023 /PRNewswire/ — Eli Lilly and Company (NYSE: LLY) today announced plans to open […]
News Release: Stage Equity Partners Affiliate Acquires Two-Building Medical Office Portfolio in Libertyville
P R E S S R E L E A S E Plans Aggressive Marketing/Leasing Effort For Prominent Well-Located Buildings LIBERTYVILLE, IL (November 27, 2023)—An affiliate of Stage Equity Partners LLC has acquired the two-building, 91,818-square-foot Hollister Medical Office Portfolio in north suburban Libertyville from Hollister Incorporated, an international medical supply manufacturer, which has […]
News Release: Hammes Healthcare and OhioHealth break ground on new Women’s Center at Riverside Methodist Hospital
FOR IMMEDIATE RELEASE: Milwaukee, WI, November 21, 2023 – Hammes Healthcare, a leading provider of consulting and project delivery services, will be serving as OhioHealth’s project manager for the new Women’s Center that broke ground last month. The new OhioHealth Women’s Center will be a standalone facility located on the OhioHealth Riverside Methodist Hospital campus […]
News Release: University of Maryland, Baltimore Receives Landmark Funding to Create New Innovation Hub in West Baltimore and the Region
November 21, 2023 | Deborah Kotz UM School of Medicine Faculty Leading the Way in Attracting Life Sciences Start-Up Companies, Building a Diverse Workforce University of Maryland, Baltimore (UMB) President Bruce Jarrell, MD, FACS, and University of Maryland School of Medicine (UMSOM) Dean Mark Gladwin, MD, announced today that the university has received a four-year, […]
News Release: Flagship Healthcare Properties acquires medical office building in Richmond MSA
Property is home to Richmond Pediatric Associates and Richmond Pediatric Dentistry & Orthodontics CHARLOTTE, N.C. (November 21, 2023) — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has acquired a Class A medical office building (MOB) in Mechanicsville, Virginia. Located at 7521 Right Flank Road, the 15,000-square-foot property was purpose-built in 2014 by […]
News Release: Echo Real Estate Capital, Inc. Acquires Carmel, Indiana Medical Office Building
FOR IMMEDIATE RELEASE Chicago, IL (November 2023) – Echo Real Estate Capital, Inc. (“Echo”) announces it has acquired Three Penn Mark, a 33,000 square foot medical office building located in the Penn Mark Plaza office park in Carmel, Indiana. This latest acquisition, located at 11455 N Meridian Street, is occupied by Ascension-St. Vincent, Turkle & […]
News Release: Thorofare Capital Provides $125.9 Million Senior Mortgage Loan for Mid-Atlantic Medical Facility Portfolio
FOR IMMEDIATE RELEASE Los Angeles, CA, November 20, 2023 – Thorofare Capital, Inc. (“Thorofare” or the “Company”), an affiliate of asset management platform Callodine Group, LLC (“Callodine Group”), today announced it closed $125.9 million in financing for eight Class-A clinical medical facilities totaling more than 705,000 square feet located in the Greater Washington, D.C. Capital […]
News Release: MedStar Medical Group Expands at 810 Bestgate Road in Annapolis with Nearly 20,000 Square Foot Lease
Press Releases November 20, 2023 St. John Properties’ speculatively built medical office building is now 100% leased. BALTIMORE, MD – MedStar Medical Group, the largest healthcare network in the Maryland and Washington, D.C. region, has signed a lease with St. John Properties, Inc. for 19,739 square feet of space within 810 Bestgate Road, a four-story, […]
News Release: Diversified Healthcare Trust Appoints Christopher Bilotto as President and Chief Executive Officer Effective January 1, 2024
NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced that Christopher Bilotto has been appointed President and Chief Executive Officer, effective January 1, 2024. Mr. Bilotto is an Executive Vice President of The RMR Group (Nasdaq: RMR), overseeing portfolio management for all office, industrial and retail properties managed by RMR and hotel and senior living […]