News Release: First Citizens Bank Provides $58.4 Million for Construction of Medical Inpatient Rehabilitation Facility in Miami, Florida
NEWS PROVIDED BY First Citizens Bank Apr 23, 2024, 09:00 ET JACKSONVILLE, Fla., April 23, 2024 /PRNewswire/ — First Citizens Bank today announced that its Healthcare Finance business provided $58.4 million in financing to Anchor Health Properties for the construction of a 92-bed inpatient rehabilitation facility in Miami, Florida. The 96,000-rentable-square-foot facility with an attached parking […]
News Release: Alexandria Real Estate Equities, Inc. Reports: 1Q24 Net Income per Share – Diluted of $0.97; and 1Q24 FFO per Share – Diluted, as Adjusted, of $2.35
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Apr 22, 2024, 16:10 ET PASADENA, Calif., April 22, 2024 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the first quarter ended March 31, 2024. Key highlights Operating results 1Q24 1Q23 Total revenues: In millions $ 769.1 $ 700.8 Growth 9.7 % Net income attributable […]
News Release: Lilly Acquires New Injectable Medicine Manufacturing Facility from Nexus Pharmaceuticals
April 22, 2024 Upon completion, this acquisition will expand Lilly’s growing U.S. capacity to produce the latest life-changing medicines INDIANAPOLIS and LINCOLNSHIRE, Ill., April 22, 2024 – Eli Lilly and Company (NYSE: LLY) and Nexus Pharmaceuticals, LLC today announced a definitive agreement for Lilly to acquire a manufacturing facility from Nexus, a leading sterile manufacturer […]
News Release: Sale Announcement: Multi-Specialty Outpatient Surgery Center | Effingham, IL
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery located in Effingham, IL. Effingham Surgery Center consists of 17,201 rentable square feet and is 100% leased and occupied by the practicing physicians in partnership with USPI and Sarah Bush Lincoln Health System. Accredited by the […]
News Release: Gov. Kemp Signs Legislation Improving Healthcare Access and Affordability
Athens, GA – Governor Brian P. Kemp, accompanied by First Lady Marty Kemp, Lieutenant Governor Burt Jones, members of the General Assembly, and other state and local leaders, signed a sweeping package of legislation into law that will improve access to quality and affordable health care today at a ceremony in Athens. Among other things, the […]
News Release: Atkins Companies Begins Strategic Transformation of Washington, N.J. Healthcare Building
Project will add over 30,000 square feet of leasable medical space to the building Washington Township, N.J. (April 18, 2024) – Atkins Companies, a leading multigenerational commercial real estate development, investment and property management firm, announces it has begun a multi-million dollar capital improvement project at its Washington Medical Arts building (formerly Kennedy Health & […]
News Release: First Citizens Bank Provides $50 Million to Refinance Los Angeles Medical Office Building
JACKSONVILLE, Fla. — April 18, 2024 — First Citizens Bank today announced that its Healthcare Finance business served as sole lender on $50 million in financing for an affiliate of Tristar Realty Group for the refinancing of Ventana Medical Center. The Ventana is a 122,000-square-foot Class A medical office facility in Tarzana, California, a suburban section […]
News Release: Mediplex Property Group Develops MOB/ASC/Lab Space in King of Prussia, PA
NEWS PROVIDED BY Mediplex Property Group Apr 17, 2024, 15:39 ET KING OF PRUSSIA, Pa., April 17, 2024 /PRNewswire/ — Mediplex Property Group has completed its newest outpatient healthcare facility at 880 Swedesford Road in King of Prussia, PA. Mediplex successfully re-purposed the 2-story, 16,000 square foot former office building into a state-of-the-art medical center […]
News Release: Healthcare Systems Must Shift Real Estate Portfolios to Realize Value
Four trajectories define how systems can move ahead; each has ramifications for patients and capital projects, say DPR Healthcare leaders REDWOOD CITY, Calif., April 17, 2024 /PRNewswire/ — Healthcare systems investing in and operating their real estate portfolios as they did just five years ago are unlikely to realize their expected returns and must shift their […]
News Release: Healthcare Systems Must Shift Real Estate Portfolios to Realize Value
Four trajectories define how systems can move ahead; each has ramifications for patients and capital projects, say DPR Healthcare leaders REDWOOD CITY, Calif., April 17, 2024 /PRNewswire/ — Healthcare systems investing in and operating their real estate portfolios as they did just five years ago are unlikely to realize their expected returns and must shift their […]
News Release: NAI James E. Hanson Negotiates Sale of Partnership Interest of Englewood, N.J. Medical Office Building
For Immediate Release Englewood, N.J (April 16, 2024) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has arranged the sale of a partnership interest of 180 North Dean Street, an 18,488-square-foot medical office building located in Englewood, N.J. NAI James E. Hanson’s Team Lizzack-Horning, comprised of […]
News Release: Hines Signs Pranax To Levit Green, Houston’s Premier Life Science Campus
Regenerative Science Biotech Firm Secures State-of-the-Art, Ready-to-Occupy Laboratory APRIL 16, 2024 (HOUSTON) – Hines, the global real estate investment manager, in partnership with 2ML Real Estate Interests and Harrison Street, today announced the next lease at Levit Green, the 53-acre mixed-use life sciences-centric district adjacent to the Texas Medical Center in Houston, Texas. PranaX, a […]
News Release: Burke Rehabilitation Announces New Outpatient Facility in West Nyack (N.Y.)
Leading rehabilitation care provider opens first site in Rockland County West Nyack, NY, (April 16, 2024): Burke Rehabilitation today announced the opening of its newest outpatient facility located in West Nyack, New York. A nationally-recognized provider of physical and medical rehabilitation care, Burke’s West Nyack location will be the organization’s first outpatient center in Rockland […]
News Release: CBRE Arranges Cypress West Partners and TPG Angelo Gordon Programmatic Joint Venture Focused on Medical Office Buildings in Sunbelt Markets
Press Release FOR IMMEDIATE RELEASE Dallas, TX – April 16, 2024 – CBRE Investment Banking announced today that it has arranged a programmatic joint venture between Cypress West Partners (“Cypress West”) and TPG Angelo Gordon, which has the ability to acquire up to $300 million in medical office assets across the Sunbelt region over the […]
News Release: Monday Properties Successfully Refinances 1812 North Moore and Shirlington Gateway for Combined $206M
Citi Provides Five-Year Fixed Rate CMBS Loans for Highly Amenitized Office Tower and Sought After Medical Office Building Monday Properties, a dynamic real estate investment firm and industry-leading developer, has secured refinancing for its Trophy office tower at 1812 N. Moore Street and state-of-the art medical office building, Shirlington Gateway. Citi Real Estate Funding, Inc. […]