News Release: Done Deal: Blueprint Shops Local
Blueprint assists publicly traded REIT in divesting a non-strategic Seniors Housing community in the Tampa, Florida MSA The asset is located in the densely populated and growing St. Petersburg submarket and offered 57 units of both Assisted Living and Memory Care … Originally constructed in the 1960s, the community was positioned as one of the […]
Thought Leaders: JLL Healthcare Perspectives – Capital Markets
Change in benchmark interest rates Source: Bloomberg Key points: · 2022 was a watershed year with rising interest rates which were at historically low levels in the last decade. Floating rate benchmarks increased 4.36% in 2022 and, importantly for medical office lending, 5-year swap rates increased more than 2.00%. The divergent trend in these rates led to […]
News Release: MedSouth Healthcare Properties is pleased to announce the recent acquisition of an off market portfolio
Kinston, NC and Jacksonville, NC – MedSouth Healthcare Properties is pleased to announce the recent acquisition of an off market portfolio of properties located at 2541 N. Queen St., and 4 Josh Court. Both properties are occupied by the Atlantic Medical Group. The properties have been acquired as a sale leaseback transaction under a long-term, […]
News Release: Montecito Medical Acquires Veterinary Property in Charleston, SC
NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical and veterinary office properties nationwide, has completed the acquisition of a veterinary property in Charleston, SC. The 16,000 square-foot facility is home to Charleston Veterinary Referral Center, the most advanced and comprehensive specialty emergency and referral practice in the Southeastern U.S. The practice is one of […]
News Release: Cushman & Wakefield’s Healthcare Capital Markets Team Sells 120,000-SF South Carolina Oncology Associates Cancer Center
Healthcare Real Estate-Focused Private Equity Firm Acquires Fully Occupied Office Building in Columbia, South Carolina CHICAGO, January 24, 2023 – Cushman & Wakefield announced today that the firm was involved in the sale of the South Carolina Oncology Associates Cancer Center. Cushman & Wakefield’s Gino Lollio, Travis Ives, Philip Vann and Drew Kirkpatrick represented the […]
News Release: Berkadia Forges Alliance with Knight Frank
NEW YORK, N.Y. – JANUARY 24, 2023 – Berkadia announced today its alliance with global property consultancy Knight Frank, an alliance that will offer the firms’ clients unmatched access to domestic and internationally-based capital while maximizing their property values. “This newly-formed relationship between our two privately-held firms will have innumerable benefits for clients on both […]
News Release: Balcor Commercial Announces Parc Binz II
HOUSTON–(BUSINESS WIRE)–Following the success of Parc Binz I, a mixed-use development featuring offices and restaurants in the heart of Houston’s museum district, Balcor Commercial announces phase two: Parc Binz II. “As Park Binz I is fully leased, we look forward to providing another high-quality development in this area of town,” says Chris Balat, Founder and […]
News Release: Matthews™ Closes $8,817,500 Portfolio Sale of Emory at LaGrange
Transaction Included Numerous Properties LaGrange, GA— Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the $8,817,500 seven-property portfolio sale of multiple Emory at LaGrange facilities. Senior Associate Ryan Burke and First Vice Presidents and Senior Directors Michael Moreno and Rahul Chhajed represented the seller in the transaction. . The seller, a large physician group, […]
News Release: Lilly Plans to Invest Additional $450 million at Manufacturing Site in Research Triangle Park
Expansion of manufacturing facility in North Carolina will increase the number of patients who may benefit from the company’s medicines INDIANAPOLIS, Jan. 24, 2023 /PRNewswire/ — Eli Lilly and Company (NYSE: LLY) today announced plans to invest an additional $450 million and create at least 100 new jobs to expand its manufacturing capacity at the […]
News Release: Hackensack University Medical Center Announces Opening of Helena Theurer Pavilion
The nine-story, 530,000-square-foot surgical and intensive care tower includes the latest technology and has been thoughtfully designed to promote an outstanding patient experience Newswise — HACKENSACK, NJ – Hackensack University Medical Center’s 530,000-square-foot Helena Theurer Pavilion is now open — and this state-of-the-art, nine-story surgical and intensive care tower is raising the bar on patient […]
News Release: McCarthy Tops Out Houston Methodist Cypress Hospital Campus
McCarthy Building Companies, Inc. celebrated the topping out of Houston Methodist’s new Cypress Hospital campus located in the greater Houston area. The Houston Methodist campus sits on 105 acres and consists of a seven-story hospital, two medical office buildings, and a central utility plant, with a mixture of built-out space and a shell for future growth. […]
News Release: EyePoint Pharmaceuticals Enters Lease Agreement for the Construction of a Commercial Manufacturing Facility for Global Product Supply of EYP-1901 and YUTIQ
– State-of-the-art cGMP manufacturing facility to be built in Northbridge, Massachusetts – – Awarded $1.9 million of state and local grants with rent commencing in second half of 2024 – WATERTOWN, Mass, January 23, 2023 (GLOBE NEWSWIRE) – EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT), a pharmaceutical company committed to developing and commercializing therapeutics to help […]
News Release: Hanley Investment Group Arranges Sale of New Construction, Single-Tenant Heartland Dental in Boise, Idaho Metro
MERIDIAN, Idaho – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a new construction, single-tenant retail property occupied by Heartland Dental in the Boise, Idaho metro area. Hanley Investment Group has sold $210 million […]
News Release: Novant Health Enterprises and TPG Create New National Imaging Center Management Company
CHARLOTTE, N.C. & SAN FRANCISCO–(BUSINESS WIRE)–Novant Health Enterprises, a division of Novant Health, a nationally recognized not-for-profit health system, and TPG, a leading global alternative asset management firm, have announced an innovative new partnership to expand MedQuest Associates (“MedQuest”) across the country. TPG’s investment in the partnership is being made through TPG Growth, the firm’s […]
News Release: Ventas Appoints J. Justin Hutchens, Executive Vice President, Senior Housing, to Additional Role of Chief Investment Officer
CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that J. Justin Hutchens, Executive Vice President, Senior Housing, has been appointed to the additional role of Chief Investment Officer, effective immediately. In his expanded role, Hutchens will be responsible for Ventas’s capital allocation strategy and execution across the enterprise in addition to his […]
