News Release: Medical Properties Trust Announces Prospect’s Binding Agreement to Sell Managed Care Business to Astrana Health
MPT Expects Approximately $200 Million in Cash Proceeds November 08, 2024 08:08 AM Eastern Standard Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Astrana Health, a leading provider-centric healthcare company based in California, entered into a binding agreement on November 8 to purchase the majority of Prospect’s managed care platform for approximately $745 million and the assumption of certain liabilities. […]
News Release: Just Closed :: Scottsdale Medical Pavilion
Campus-Adjacent Medical Outpatient Opportunity with Tremendous Upside in Old Town Scottsdale Transaction Highlights Date Closed 10/31/24 Land Size 2.4 Acres Size 52,346 SF Occupancy 26% Scottsdale Medical Pavilion | 7331 E Osborn Drive | Scottsdale, AZ CBRE U.S. Healthcare Capital Markets is pleased to announce the closing of Scottsdale Medical Pavilion (the “Property”), located in Scottsdale, AZ. […]
News Release: ESI Arranges the Sale of Advocate of East Boston
Boston, Massachusetts – Evans Senior Investments (ESI) has successfully brokered the sale of Advocate Healthcare of East Boston, a 165-bed skilled nursing community in the heart of Boston, Massachusetts. The sale was executed on behalf of an institutional owner looking to recycle capital and shift its investment focus. At the time of ESI’s engagement, the […]
News Release: One of the largest cranes in the mid-Atlantic rises over WellSpan York Hospital expansion
Project shifts into high gear with concrete and steel soon to be set in York At 227 feet, the tallest structure in York is the fixed tower crane being used to advance the WellSpan York Hospital expansion to the next level of construction. One of the largest cranes in the mid-Atlantic, the hammerhead crane rises […]
News Release: Global Medical REIT Announces Third Quarter 2024 Financial Results
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 facilities to physician groups and regional and national healthcare systems, today announced financial results for the three and nine months ended September 30, 2024 and other data. Jeffrey […]
News Release: Recently Closed – West Virginia Eye Consultants Portfolio
Capital Real Estate Group is proud to announce the successful completion of the Sale & Leaseback of the WV Eye Consultants Portfolio, a premier 32,698-square-foot medical outpatient portfolio comprising facilities in Charleston and Beckley, West Virginia. Founded in 2011, WV Eye Consultants has become one of the most respected Ophthalmology practices in West Virginia, known […]
News Release: Texas Health Presbyterian Hospital Plano Opens New Parking Garage, Announces New Tower
Plano Opens New Parking Garage, Announces New Tower PLANO, Texas — Texas Health Presbyterian Hospital Plano is growing to meet the healthcare needs of Collin County and surrounding areas with the opening of a six-story garage and a new eight-story tower – an estimated $343 million infrastructure investment aimed at connecting more patients with the […]
News Release: Marcus & Millichap Capital Corporation Arranges $20.8 Million Construction Loan and PACE Financing for a Hospital in Venice, Florida
VENICE, FLORIDA – November 5, 2024 – Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, has arranged $20.8 million in financing for the construction of a 40-private room, inpatient rehabilitation hospital in Venice, Florida (Sarasota MSA). The MMCC Capital markets team was led by Dallas-based senior […]
Cover Story: A Bronx tale – with an HRE twist
Simone Development has a healthcare real estate portfolio topping 3 million s.f. and growing By John B. Mugford In the Greater Tri-State area centered on New York City, Bronx, N.Y.-based Simone Development Companies has become quite well known for building and owning a wide array of property types. The company is also well-known for – […]
News Release: Easterly Government Properties Reports Third Quarter 2024 Results
WASHINGTON–(BUSINESS WIRE)–Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended September 30, 2024. Highlights for the Quarter Ended […]
News Release: Programmatic Joint Venture and Recapitalization Announced Between Woodside Health and Heitman
For Immediate Release: Cleveland, OH (November 4, 2024) Woodside Health and Heitman announce the recapitalization of a four-property, 315,000-square-foot medical outpatient portfolio, which is part of a $350m programmatic joint venture. This recapitalization will seed the second joint venture between the Cleveland, Ohio-based medical office building acquisition and management firm Woodside Health, LLC (“Woodside”) and […]
News Release: Diversified Healthcare Trust Announces Third Quarter 2024 Results
NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Reports section of DHC’s website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. A conference call to discuss DHC’s third quarter 2024 financial results will be held on Tuesday, November 5, 2024 at 10:00 a.m. […]
News Release: JLL completes recapitalization of $725M seniors housing portfolio
News release The 20-asset portfolio is in high-growth markets across the Sunbelt, Northeast and Midwest markets BOSTON, Nov. 4, 2024 – JLL’s Seniors Housing Capital Markets and M&A teams announced today that they have arranged the recapitalization of a $725 million, 20-asset seniors housing portfolio spanning the Sunbelt, Northeast and Midwest markets. Working on behalf […]
News Release: Marcus & Millichap Arranges Sale of St. Louis Heart and Vascular Building in Bridgeton (Mo.)
Press Releases November 04, 2024 BRIDGETON, Mo., Nov. 4, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 22,097-square-foot, single-tenant medical office in Bridgeton, Missouri. The property sold for $8,837,768. “This listing generated significant interest […]
News Release: Novant Health completes purchase of UCI Medical Affiliates Inc., becomes largest urgent care provider in South Carolina and adds 20 physical therapy clinics
WINSTON-SALEM, N.C. – As part of its commitment to building a healthier future, Novant Health has closed on the purchase of UCI Medical Affiliates, Inc. (UCI) from BlueCross BlueShield of South Carolina, extending Novant Health’s remarkable care to more communities across South Carolina. “Expanding access to high-quality, remarkable outpatient care is a key part of our […]
