News Release: BSN Medical Distribution Facility sells in Charlotte, NC MSA
JLL arranges the sale of BSN Medical Distribution Facility in Conover, NC CAROLINAS, May 14, 2024 – JLL Capital Markets announced today that it arranged the sale of BSN Medical Distribution Facility, a 149,987 square foot, mission-critical use facility in Conover, North Carolina. JLL represented the seller, Founders Properties, LLC, and procured the buyer, Diamond Properties. […]
News Release: Construction Industry Leader Daniel Maldonado Joins Unispace Life Sciences as Managing Director for the Americas
NEW YORK, N.Y. – May 14, 2024 – Unispace Life Sciences, a leader in designing and building laboratories and other facilities for the world’s top life sciences companies, today announced the appointment of Daniel Maldonado as Managing Director, Americas. In this role, Maldonado will leverage his three decades of international experience in the construction industry […]
News Release: On Pointe.
Cambridge Realty Capital Companies reports providing a $15,520,000 HUD Lean loan to refinance The Pointe at Eastgate located in Algonquin, Illinois. Brent Holman-Gomez, Cambridge Senior Vice President, reported that the fully-amortized, 35-year loan was provided for the owner, an Illinois limited liability company, using the HUD Section 232 pursuant to Section 223(f) funding program, which […]
News Release: CareSpace Suites to Open First Shared Medical Space in Atlanta
ATLANTA–(BUSINESS WIRE)–Officials of CareSpace Suites, a shared workspace for medical professionals, today announced the launch of the company’s flagship property in the Vinings Jubilee mixed-use development. Scheduled to open June 1, CareSpace Suites becomes the first-of-its-kind medical co-working space in Georgia. “CareSpace is a flexible medical co-working space designed to help providers expand their private […]
News Release: American Healthcare REIT (“AHR”) Announces First Quarter 2024 Results
IRVINE, Calif., May 13, 2024 /PRNewswire/ — American Healthcare REIT, Inc. (the “Company,” “we,” “our,” or “us”) (NYSE: AHR) announced today its first quarter 2024 results. Key Highlights: Reported GAAP net loss attributable to common stockholders of $(0.04) per basic and diluted share for the three months ended March 31, 2024. Reported Normalized Funds from Operations […]
News Release: JLL tapped to lead repositioning of former AT&T campus in Bedminster, New Jersey
News release With approval for up to 2M-SF of development, focus is on transforming historic corporate site into next generation life science, speciality manufacturing hub BEDMINSTER, N.J., May 13, 2024 – JLL announced today that it has been retained by MetLife Investment Management to lead the repositioning of its 197-acre office campus at 900 Rt. […]
News Release: Marcus & Millichap Arranges Sale of Patient First Urgent Care in Pennsylvania
BETHLEHEM, Penn., May 13, 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 Patient First, a net-leased medical office property located in Bethlehem, Pennsylvania. Dean Zang and David Crotts, investment specialists in Marcus & Millichap’s Washington […]
News Release: AdventHealth Opening New Off-Site Emergency Department in Winter Haven (Fla.)
Press Release 05.10.24 Hospital leaders, local government officials and members of the business community took the next step in bringing better access to high-quality emergency care to Winter Haven with the ribbon-cutting ceremony for the new AdventHealth Winter Haven ER on Thursday, May 9, 2024. The AdventHealth Winter Haven ER has 24 exam rooms, including […]
News Release: Bremner Real Estate partners with Hendricks Regional Health for development of cutting-edge medical office building in Brownsburg
FOR IMMEDIATE RELEASE: May 10, 2024 (Indianapolis) – Bremner Real Estate, a leading healthcare real estate developer, is thrilled to announce its collaboration with Hendricks Regional Health to provide development services for an upcoming state-of-the-art, multi-specialty medical office building in Brownsburg, IN. This transformative project marks an exciting expansion of Hendricks Regional Health’s Brownsburg hospital […]
News Release: First Citizens Bank Arranges $260 Million in Financing for Skilled Nursing Facilities
NEW YORK — May 9, 2024 — First Citizens Bank today announced that its Healthcare Finance business served as lead arranger for a $260 million loan to refinance a portfolio of 12 skilled nursing facilities in Maryland. The borrower is a Midwest-based healthcare real estate investment and management company that invests in a variety of post-acute facilities with […]
News Release: ESI Arranges the Sale of an 8-Property Portfolio in Connecticut
Connecticut – Evans Senior Investments (ESI) has successfully arranged the sale of an 8-property skilled nursing portfolio across the Hartford Metropolitan Area of Connecticut. The transaction, executed on behalf of a REIT from the West Coast, amounted to $60,000,000, or $54,249 per bed for the real estate only. Made up of eight communities built between […]
News Release: Rendina Healthcare Real Estate Announces the Grand Opening of Inspira Health Center Deptford
DEPTFORD, N.J., May 8, 2024 /PRNewswire/ — Rendina Healthcare Real Estate is proud to announce the official opening of Inspira Health Center Deptford, a state-of-the-art outpatient health center in Deptford, NJ. This significant development is the result of a fruitful partnership with Inspira Health, a leading non-profit healthcare organization delivering outstanding care and greater access […]
News Release: ESI Arranges the Sale of Novellus Cherry Creek
Denver, Colorado – Evans Senior Investments (ESI) has successfully arranged the sale of the Novellus Cherry Creek, an assisted living community in Denver, Colorado. ESI represented Novellus Living in the transaction. Originally built in 2002, Novellus Cherry Creek comprises 66 assisted living units and operates on a 59% private pay basis. The community faced occupancy […]
News Release: Longfellow Real Estate Partners and Wates Execute Construction Contract and Begins Immediate Construction on CamLIFE in Cambridge (U.K.)
Longfellow is set to deliver state-of-the-art facilities and high-quality lab space in Cambridge (U.K.) as soon as Mid-2025 Cambridge, UK (May 8, 2024) – Longfellow Real Estate Partners, the largest privately held investor and developer of life science buildings, announced today they have signed a fixed price contract to reposition their CamLIFE campus, with the […]
News Release: Construction underway on new HCA Florida Gainesville Hospital
HCA Florida Healthcare, the state’s leading network of hospitals and healthcare facilities, announced construction is now underway on the new $231 million HCA Florida Gainesville Hospital, the latest hospital planned as part of HCA Florida Healthcare’s expansion across the state. May 08, 2024 HCA Florida Healthcare, the state’s leading network of hospitals and healthcare facilities, […]