News Release: Announcement – $15,800,000 Capital for Medical Office Development / Fairfield Advisors
(Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, sourced $15,800,000 of capital for the development of a new Medical Office Building and Surgery Center in Hendersonville, NC. which is in the Asheville-area. When completed, the building will be have 3 floors and total 60,000 square feet. A […]
News Release: Kraus-Anderson acquires Phoenix construction company, Sonoran Crest
Strategic southwest U.S. expansion enhances growing footprint MINNEAPOLIS, Minn. (February 5, 2024) – Kraus-Anderson Construction Company (KA) today announced it has acquired Phoenix-based Sonoran Crest Construction, a 20-year-old firm with an established brand and healthcare presence in the southwest U.S. This is the first acquisition of another company in KA Construction’s 126-year history. The terms […]
News Release: CareTrust REIT Provides $52 Million in Mezzanine Financings
February 05, 2024 06:01 AM Eastern Standard Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has participated in the origination of over $52 million in mezzanine loans secured by three portfolios of 26 properties comprised of 3,050 skilled nursing beds and 186 assisted living units located in Virginia, Missouri, and California. […]
News Release: BMO Healthcare Real Estate Finance provides a $10.1 Million Term Loan for UDLR Healthcare
BMO’s Healthcare Real Estate Finance group announces that it has closed on a $10.1 million term loan to an affiliate of UDLR Healthcare (“UDLR”) for its acquisition of a 92,811 square foot medical outpatient building (“MOB”) known as Thunderbird Medical Plaza. The MOB is located on the campus of Banner Health’s 595-bed Thunderbird Medical Center […]
News Release: New Intermountain Primary Children’s Hospital, Miller Family Campus in Lehi Dedicated in Historic Ceremony
Following more than three years of construction and decades of planning, the second campus of Intermountain Primary Children’s Hospital was dedicated in a special ribbon-cutting ceremony on Friday, ushering in the most significant enhancement in pediatric health care in Utah and the Intermountain West in more than a century. The Miller Family Campus is a […]
News Release: Anchor Health Properties Arranges 26,000 Square Foot Suite Expansion and Renewed Lease for Major Tenant in Bothell, WA MOB
FOR IMMEDIATE RELEASE February 2, 2024 (Bothell, WA) Among the largest, non-health system owners and investors of healthcare real estate nationwide, Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently arranged a significant expansion and renewed lease with EvergreenHealth, a public hospital district […]
News Release: Just Financed: Medical Clinic in the Greater Atlanta Metropolitan Area
Just Financed VillageMD Clinic Griffin, GA Berkadia Medical & Life Sciences is pleased to announce the financing of a new medical clinic located in the Greater Atlanta Metropolitan Area on behalf of Montecito Medical Real Estate (Montecito). The purpose-built project encompasses 20,000 square feet and is 100%-leased to VillageMD, a national primary care provider with […]
News Release: Tenet Advances Portfolio Transformation and Previews Strong 2023 Results
February 1, 2024 Tenet completes sale of three South Carolina hospitals and announces the sale of four Orange County and Los Angeles County hospitals and related operations. DALLAS–(BUSINESS WIRE)— Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of three of its hospitals and related operations in South Carolina to Novant […]
News Release: United Properties adds Champlin property to senior living portfolio
For Immediate Release Champlin Shores to be rebranded as Amira Choice Champlin MINNEAPOLIS (Feb. 1, 2024) — United Properties announced today its acquisition of Champlin Shores, a senior living community located at 119 E. Hayden Lake Rd. in Champlin, Minnesota. Under its new ownership, the property will be rebranded as Amira Choice Champlin. Operating partner […]
News Release: Community Health Development Partners Announces New Health Center in Lake Havasu City
Representing a $20 million investment, the facility will create over 100 jobs LAKE HAVASU CITY, AZ (February 1, 2024) – Community Health Development Partners, which creates an ecosystem of healthcare resources and solutions that address challenges in rural and underserved communities, today announced plans to open a new ambulatory surgical center in Lake Havasu City, […]
News Release: Novant Health celebrates long-term investment in South Carolina, welcomes 3 new hospitals
Based in Winston-Salem, North Carolina, Novant Health provides care at 14 medical centers. NEWS PROVIDED BY Novant Health 01 Feb, 2024, 07:00 ET Acquisition of hospitals in Charleston, Hardeeville and Hilton Head extends Novant Health’s presence into South Carolina WINSTON-SALEM, N.C., Feb. 1, 2024 /PRNewswire/ — Novant Health is building upon its commitment to patients […]
News Release: Newmark Arranges Sale of 48,000 Square Foot MOB in Wellington, Florida
FOR IMMEDIATE RELEASE New York, NY (January 31, 2024) — Newmark announces it has facilitated the sale of the Wellington Medical Arts Pavilion III in Wellington, Florida with the deal closing in December of 2023. Newmark Senior Managing Director Jay Miele, Executive Managing Director Ben Appel, and Senior Managing Directors John Nero and Michael Greeley […]
News Release: ESI Arranges the Sale of an AL/MC Community in Iowa
– Evans Senior Investments (ESI) successfully arranged the sale of Country Meadow Place, a 56-unit assisted living and memory care community on behalf of an independent owner. The purchase price amounted to $13,000,000, or $232,142 per unit. The community was originally built in 1985 as a 36-unit memory care community. In 2013, Country Meadow was […]
News Release: Investor acquires 19-acre site in Los Angeles area for $30 million; will develop a luxury senior housing community
JLL represented the seller in the transaction LOS ANGELES, January 31, 2024 – JLL announced today that California Commercial Investment Group has acquired a 19-acre site adjacent to the iconic Motion Picture & Television Fund campus in Woodland Hills, California for $30 million. California Commercial Investment Group will develop a luxury senior living life cycle […]
News Release: Franciscan Health And OrthoIndy Announce New Lafayette Collaboration
WEST LAFAYETTE, Ind., Jan. 31, 2024 – Franciscan Health and OrthoIndy announced a new collaboration in the Greater Lafayette area today. The plans include a state-of-the-art orthopedic clinic and surgery center at Cumberland Avenue and US 231, next to Cason Family Park to be completed in 2025. The facility will also provide orthopedic urgent care, […]