News Release: Thomas Park Investments Enters Boston Market with Haverhill Acquisition
Maryland-based healthcare real estate firm purchases Merrimack Medical Center July 08, 2021 02:30 PM Eastern Daylight Time ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park Investments (TPI) acquired its first greater Boston-area medical office building with the purchase of Merrimack Medical Center at 62 Brown Street in Haverhill, Massachusetts. The 55,000-square-foot property is located on the campus of Holy […]
News Release: Northwestern Medicine Opens First New Medical Office Building in Southwest Suburbs
JULY 08, 2021 Northwestern Medicine is continuing its expansion into the south suburbs with a new medical office building in Mokena. The three-story, 48,000-square-foot facility at the corner of Route 30 and South Owens Road features primary and specialty care services, as well as an Immediate Care Center. Physicians began seeing patients in the new […]
News Release: White Oak Healthcare Finance Provides $75MM Credit Facility to Advanced Recovery Systems
July 08, 2021 08:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–White Oak Healthcare Finance, LLC (“White Oak”) announced today that it acted as sole lender and administrative agent of a senior credit facility to support Advanced Recovery Systems, LLC (“ARS” or the “Company”), a Goldman Sachs Asset Management portfolio company. ARS provides inpatient and outpatient […]
News Release: Hammes Healthcare Celebrates Opening of New Valley Health Warren Memorial Hospital
Hammes Healthcare is pleased to celebrate the opening of the new Valley Health Warren Memorial Hospital in Front Royal, Virginia, which opened to patients on June 23. MILWAUKEE (PRWEB) JULY 07, 2021 Hammes Healthcare, a leading provider of consulting and project delivery services, is pleased to celebrate the opening of the new Valley Health Warren […]
News Release: Financing secured for Irvine medical office conversion (Irvine, Calif.)
JLL Capital Markets placed the loan for 114 Pacific Court in the high-barrier-to-entry Irvine Spectrum submarket in Irvine, California NEWPORT BEACH, CALIF., July 7, 2021 – JLL Capital Markets announced today that it has arranged financing for 114 Pacifica Court, a 110,392-square-foot, Class A office building in Irvine, California. JLL worked on behalf of the […]
Thought Leaders: Unprecedented growth in outpatient care in next 10 years
JLL Healthcare Capital Markets Healthcare Perspectives June 2021 The shift to outpatient care is positive for investment in healthcare real estate Forecasted growth in U.S. population and patient volumes, 2020 – 2030 Source: U.S. Census Bureau, Advisory Board Key points: The U.S. population is projected to grow by 22.5 million people, or just shy of […]
Outpatient Projects: Two projects, two strategies
NexCore is developing the MOBs in very different Michigan markets for Beaumont Health By John B. Mugford Dearborn, Mich.-based Beaumont Health, which operates eight hospitals and more than 145 locations, has two major, comprehensive outpatient projects under construction in Michigan that represent two very different ambulatory growth strategies. In growing Lenox Township, about 40 miles […]
News Release: Anchor Health Properties Commences Local Hybrid Provider-Based Emergency Department / Urgent Care Facility Development & Expansion Initiative
FOR IMMEDIATE RELEASE July 01, 2021 (Media, Pa.) – In collaboration with Intuitive Health (Intuitive), the pioneer of the combined ER and urgent care model, and HonorHealth, a non-profit healthcare system serving the greater Phoenix area with six acute-care hospitals, more than 70 primary and specialty care locations, a cancer care network, research, and community […]
News Release: Vibra Healthcare Announces Plans to Establish New Hospital in Palm Beach County, Florida
Over $32 million investment and 160 jobs planned MECHANICSBURG, Pa. and PALM BEACH COUNTY, Fla., July 1, 2021 – Vibra Healthcare (“Vibra”), a national specialty healthcare provider, plans to construct a freestanding specialty hospital in Palm Beach County, Florida. Vibra has selected a site in Bethesda Health City, Boynton Beach, for the development of the […]
News Release: New Era Partners / Florida IRF Announcement
WB Development Partners & New Era Companies Announce 1st Rehabilitation Hospital in Florida Nobis Rehabilitation Partners will manage the inpatient rehab hospital located in Orlando, Florida ORLANDO, FL, UNITED STATES, May 25, 2021 /EINPresswire.com/ — WB Development Partners and New Era Companies, two innovative companies partnering together in the healthcare development sector, are planning to […]
News Release: MedCraft Investment Partners Acquires Surgery Center
CINCINNATI, Ohio, June 30, 2021 — MedCraft Investment Partners continues to grow its medical office portfolio and recently closed on a surgery center in Cincinnati, Ohio. The acquisition is key to MedCraft’s mission of aligning with best-in-class physician groups and health care providers. We are targeting an additional $350 million in acquisition dollars over the […]
News Release: Davis to develop 44,000-square-foot medical office building in Maple Grove, Minn.
News Release The firm’s principals say the prime, central location on Highway 610 will benefit patients and tenants, including MNGI Digestive Health which will occupy the entire second floor MINNEAPOLIS, June 30, 2021 – When MNGI Digestive Health (formerly Minnesota Gastroenterology) wanted to expand into the northwestern area of the Twin Cities, it enlisted the […]
News Release: Montecito Medical Acquires Stony Point Medical Office Building, Home to the Prominent Stony Point Surgery Center in Richmond (Va.)
FOR IMMEDIATE RELEASE June 25, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of The Medarva Stony Point Medical Office Building, a multi-tenant medical office building, which includes an ambulatory surgery center (ASC) in an affluent suburban area of Richmond, Virginia. The two-story […]
News Release: MidCap Financial Closes First Mortgage Loan on a Five-Property Sonata Seniors Housing Portfolio
PRESS RELEASE BETHESDA, MD, June 29, 2021 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The $46,000,000 floating rate first mortgage loan facilitated the acquisition of a portfolio of five seniors housing […]
News Release: Just Closed – Jacobson Properties and Pyramid Brokerage of Binghamton Announce the Sale of West Taft Road Medical Center
June 24, 2021 — Lisa Menin of Jacobson Properties and Leo Jones of Pyramid Brokerage Company of Binghamton are pleased to announce the sale of West Taft Road Medical Center, a 42,374 square foot medical office building located in Liverpool (Syracuse MSA), New York. West Taft Road Medical Center was sold by West Taft Road […]