News Release: Global Medical REIT Announces Succession Plan
Chief Executive Officer Transition Expected in 2025 Mr. Busch to Remain on Board of Directors as Non-Executive Chairman Lori Wittman Appointed Lead Independent Director Effective January 1, 2025 BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those […]
News Release: $344.2M financing secured for Brookdale Senior Living Portfolio
JLL Capital Markets facilitates loan for 47-property independent- and assisted-living portfolio across 14 states DALLAS, Jan. 8, 2025 – JLL Capital Markets announced today that it has secured a $344.2 million agency lending for the Brookdale Senior Living Portfolio, comprising 47 senior living communities across 14 states. JLL represented the borrower, Brookdale Senior Living, to originate […]
News Release: AEI Capital Acquires Illinois Healthcare Property for $7.51 Million
The Chicago property is 100% leased and occupied by Advocate Health NEWS PROVIDED BY AEI CAPITAL CORPORATION January 8, 2025 Saint Paul, MN — AEI Capital Corporation completed the acquisition of a healthcare property located in Chicago, IL. Chicago ranks among the top five metropolitan statistical areas (MSAs) in the United States, with a population […]
News Release: Phoenix area medical building trades for $30 million
JLL Capital Markets led the sale for mission-critical Chandler Medical Pavilion, located in Chandler, Arizona PHOENIX, Jan. 8, 2024 – JLL Capital Markets announced today that it has completed the $30 million sale of Chandler Medical Pavilion, a fully leased outpatient medical building totaling 65,931 square feet, located in Chandler, Arizona. JLL’s Medical Properties Capital Markets […]
News Release: Lawrence Group/Perkins Eastman Design World-Class Ambulatory Cancer Building at Siteman Cancer Center
(St. Louis, MO, Jan. 8, 2025) The new Gary C. Werths Building at Siteman Cancer Center on the Washington University Medical Campus realizes a bold vision for patient-centered, outpatient cancer care through the blending of state-of-the-art technology and robust amenities that support patients’ individual healing journeys. To realize this ambitious vision, Lawrence Group partnered with Perkins […]
News Release: Massachussetts Senate FACT SHEET: An Act enhancing the market review process (H.5159)
An Act enhancing the market review process builds on Massachusetts’ long history of bringing transparency to the health care system while responding to a changing health care landscape. It improves the state’s ability to constrain health care cost growth and ensure that high quality care is both affordable and accessible. The bill strengthens oversight of […]
News Release: Cincinnati Children’s to expand hospital and add medical office building at Liberty Campus
Inpatient beds to more than double, improving access to care for patients and families in and around Butler County Cincinnati Children’s plans a major expansion at its Liberty Campus, improving access to world-class care for kids and families in Butler County and surrounding areas. The expansion will more than double the number of inpatient hospital […]
News Release: CaroMont Regional Medical Center-Belmont Now Open
CaroMont Regional Medical Center-Belmont is now open near Exit 27 on Interstate 85 in Belmont. The hospital, the second for CaroMont Health and the first ever constructed in Belmont, is expected to serve patients in Gaston, Lincoln and Mecklenburg Counties in North Carolina and York County in South Carolina. With 54 licensed inpatient […]
News Release: Cincinnati Children’s to expand hospital and add medical office building at Liberty Campus
Inpatient beds to more than double, improving access to care for patients and families in and around Butler County Cincinnati Children’s plans a major expansion at its Liberty Campus, improving access to world-class care for kids and families in Butler County and surrounding areas. The expansion will more than double the number of inpatient hospital […]
News Release: Institutional Property Advisors Closes $35 Million Mixed-Use Medical and Retail Center Sale in Greater Los Angeles
YORBA LINDA, Calif., Jan. 7, 2025 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Home Ranch Commons, a 60,737-square-foot mixed-use medical and retail center anchored by UCI Health in Yorba Linda, California. The property sold for $34.65 million. “The seller, Greenbridge Partners, was very successful […]
News Release: Marcus & Millichap Capital Corporation Arranges $20 Million Construction Loan for a Hospital in Orange Park, Florida
DALLAS – January 7, 2024 – Marcus & Millichap Capital Corporation (MMCC), a division of Marcus & Millichap (NYSE: MMI), has arranged $20 million in financing for the construction of a 40-private room, inpatient rehabilitation hospital in Orange Park, Florida (Jacksonville MSA). The MMCC team was led by Dallas-based senior director Kevan McCormack who specializes […]
News Release: Neenan Archistruction Spearheads Seven Healthcare Projects Throughout Western United States
Design-build firm supports expanding healthcare access through the creation and renovation of customized spaces. FORT COLLINS, Colo., January 7, 2025 — Neenan Archistruction, a fully integrated design-build firm based in Colorado, has contributed to the evolution of various healthcare spaces across the Western U.S. throughout 2024. Neenan Archistruction worked diligently with each client to deliver […]
News Release: NexCore Group and Experience Senior Living Break Ground on Premier Senior Living Community in Roland Park, Maryland
The Gallery at Roland Park will feature 111 assisted living and memory care apartment homes, located in the distinctive Baltimore Suburb of Roland Park, Maryland. Denver, CO, NexCore Group, a privately-owned diversified healthcare real estate development, investment, and management company with a national footprint spanning 29 states, and its vertically-integrated senior housing operator, Experience Senior […]
News Release: Mediplex Property Group Marks a Year of Significant Milestones in 2024
FORT WASHINGTON, Pa., Jan. 7, 2025 /PRNewswire/ — Mediplex Property Group is pleased to announce key accomplishments in 2024, underscoring its continued success as a premier assignment-driven real estate developer and investor. Mediplex King of Prussia In the first quarter of 2024, the firm successfully completed the repositioning of an older generation office building into […]