News Release: Wellen Park announces new 75,000-square-foot medical office building by CASTO, expands healthcare access in south Sarasota County
VENICE, Fla. (July 11, 2023) – Wellen Park is bringing additional medical services and healthcare options to the region with The Medical Center at Wellen Park, a planned 75,000-square-foot medical office building just east of the River Road and U.S. 41 intersection. The new three-story facility, developed and managed by Sarasota-based CASTO Healthcare Real Estate, […]
News Release: Memorial Regional Hospital Celebrates 70th Anniversary with $88M Investment in Patient-Focused Infrastructure
Projects Include a New Memorial Family Birthplace, and Significant Upgrades to Level 1 Trauma Center and Emergency Room July 10, 2023 Prioritizing patient care and further elevating the health services it provides, Memorial Regional Hospital, the flagship facility of Memorial Healthcare System, is investing $88 million to upgrade its infrastructure. Construction has begun at the […]
News Release: PMB announces grand opening for new, award-winning Inpatient Rehabilitation Facility in Sacramento, CA
This new 52-bed, 58,600 sq. ft. facility, UC Davis Health Rehabilitation Hospital, celebrated its grand opening on April 18, 2023 SACRAMENTO, CA Jul. 6, 2023 – PMB, a leading healthcare real estate developer, officially recognized the opening of the new UC Davis Rehabilitation Hospital, a 52-bed, 58,600-square-foot inpatient rehabilitation facility (IRF) in Sacramento. The new […]
News Release: Mayo Clinic Board of Trustees approves enabling projects for Bold. Forward. Unbound. in Rochester
June 5, 2023 ROCHESTER, Minn. — Bold. Forward. Unbound. in Rochester is a multiyear strategic initiative to help achieve the Mayo Clinic’s strategy to Cure, Connect and Transform health care. The project reinforces Mayo Clinic’s commitment to the City of Rochester and State of Minnesota. The initiative focuses on reimagining Mayo Clinic’s downtown Rochester campus, […]
News Release: Catalyst and National Celebrate the Grand Opening of a PAM Health Inpatient Rehabilitation Hospital
PENSACOLA, FL, June 2, 2023 – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, andNational Real Estate Advisors, LLC (National), an investment manager developing and managing large-scale real estate projects on behalf of its clients, celebrate the grand opening of the state-of-the-art PAM Health Rehabilitation Hospital of Miamisburg. This two-story inpatient […]
News Release: Robins & Morton Tops Out AdventHealth Riverview Hospital
Press Release 05.26.23 Construction firm Robins & Morton and AdventHealth West Florida Division celebrated the topping out of the new AdventHealth Riverview Hospital on May 24. The topping out ceremony marks the structural completion of the hospital. “The topping out of AdventHealth Riverview Hospital is a significant milestone in our efforts to expand our reach […]
News Release: Medical Properties Trust Announces Closing of Sale of Seven Australian Hospitals
BIRMINGHAM, Ala., May 24, 2023 –(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has completed, as expected, the sale of seven Australian hospitals for AUD$730 million, with proceeds used to reduce its Australian term loan. MPT additionally settled the pro rata portion of its interest rate swap for […]
News Release: Westover Hills Baptist Hospital Tops Out, Marking Midpoint of Construction
Press Release 05.25.23 Construction firm Robins & Morton topped out Westover Hills Baptist Hospital in San Antonio on May 23. The topping out celebrates the installation of the final steel beam, completing the hospital’s structure and marking the official midpoint of construction. Once complete in summer 2024, the five-story, 104-bed hospital will span 255,000 square […]
News Release: New Rehabilitation Hospital Opens in Indianapolis
Indianapolis, IND. (05/23/2023): Capital Growth Medvest is pleased to announce the completion of Community Health Network’s new inpatient rehabilitation hospital in Brownsburg, Indiana. The new facility is a partnership with Community Health Services and Lifepoint – Kindred. The joint venture represents their third rehabilitation hospital in the Indianapolis metro area. The new 55,700-square-foot specialty inpatient […]
News Release: Medical Properties Trust Announces Prospect Recapitalization Transactions
Third-Party Lenders Invest $375 Million in Prospect Proceeds Fully Repay Prospect’s ABL Facility BIRMINGHAM, Ala., May 23, 2023–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that affiliates of Prospect Medical Holdings (“Prospect”) have completed $375 million in new financings from third-party lenders, the proceeds of which will be used to […]
News Release: Robins & Morton Completes CaroMont Regional Medical Center’s Critical Care Tower
Press Release 05.22.23 CaroMont Health Regional Medical Center Critical Care Tower InteriorConstruction firm Robins & Morton celebrated the completion of CaroMont Regional Medical Center’s new critical care tower in Gastonia, North Carolina, on May 4. The new four-story, 176,811-square-foot vertical expansion added 78 additional patient rooms to the CaroMont Regional Medical Center campus. Each floor […]
News Release: NYC Health + Hospitals/South Brooklyn Health Celebrates the Opening of the New Ruth Bader Ginsburg Hospital
The Ginsburg family joined hospital staff, elected officials and community leaders from across the city to recognize New York City’s first new public hospital since 1982 Nearly $1 billion project features a storm-resilient design, a flood-proof Emergency Department, private patient rooms and state-of-the-art equipment to serve South Brooklyn and its neighboring communities The Ruth Bader […]
News Release: CareTrust REIT Grows in Georgia with New Operator Relationship
SAN CLEMENTE, Calif., May 1, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 148-bed skilled nursing facility located in the greater Atlanta metropolitan area. The acquisition represents CareTrust’s second skilled nursing facility in the State of Georgia. Concurrently with the acquisition, CareTrust has entered into a new tenant relationship with Elevation […]
News Release: Banner Health to build medical campus in Scottsdale
Acute care hospital and cancer center will support growing Northeast Valley SCOTTSDALE, Ariz. (March 20, 2023)– Banner Health is finalizing the purchase of +/- 48 acres of land on the southwest corner of Hayden Rd. and the Loop 101 freeway to build a new, comprehensive medical center and support services in the Northeast Valley of […]
News Release: McLeod Health Opens Third Medical Office Building in Carolina Forest
Myrtle Beach, SC, April 19, 2023 — McLeod Health has opened their third building in the 43-acre expansion designed to provide services to meet the healthcare needs of residents within and around the Carolina Forest area. An Open House and Ribbon Cutting Celebration was held at the new McLeod Health Medical Office Building in Carolina Forest […]