News Release: MRA Group Acquires 40,000 Square Foot Medical Office Building in Lansdale, PA with Plans for Extensive Renovations
NEWS PROVIDED BY MRA Group 10 Aug, 2023, 11:10 ET HORSHAM, Pa., Aug. 10, 2023 /PRNewswire/ — MRA Group (MRA), a privately held real estate development and client services firm, has announced its acquisition of the former LMG Medical Building, a 40,000 square foot medical office complex situated on over 10 acres, at 1001 S. Broad […]
News Release: Astellas to Open New Life Sciences Facility in DivcoWest’s Cambridge Crossing Neighborhood
NEWS PROVIDED BY Astellas Pharma Inc. 09 Aug, 2023, 19:30 ET TOKYO and SAN FRANCISCO, Aug. 9, 2023 /PRNewswire/ — Astellas Pharma Inc. (TSE: 4503, President and CEO: Naoki Okamura, “Astellas”) and DivcoWest, a DivCore Capital Company, announced today plans for Astellas to open a new state-of-the-art life sciences facility at 441 Morgan Avenue, in […]
News Release: Sendero Capital and Angelo Gordon complete the acquisition of a mission-critical healthcare facility in Rhode Island
JLL Capital Markets advised on the purchase of 2 Wake Robin Road, the second acquisition in Sendero Capital and Angelo Gordon’s programmatic joint venture BOSTON, Aug. 3, 2023 – JLL Capital Markets announced today that it advised Sendero Capital and Angelo Gordon on the acquisition of 2 Wake Robin Road, a 30,000-square-foot medical office building […]
News Release: Acquisition of a medical office building in New Hampshire completed by Sendero Capital and Angelo Gordon
JLL Capital Markets arrange the acquisition of 1 Hampton Road in Exeter, as part of the two firm’s programmatic joint venture BOSTON, Aug. 9, 2023 – JLL Capital Markets announced today that it advised on the acquisition of 1 Hampton Rd., a medical office campus comprised of two buildings totaling 82,000 square feet in Exeter, New […]
News Release: RTG Partners with Erlanger Health to Provide Comprehensive Real Estate Management Services for 1.6-Million-Square-Foot Portfolio
(Knoxville, TN – July 2023) Erlanger Health, Inc. (Erlanger) recently announced a partnership with Realty Trust Group (RTG), a full-service healthcare real estate advisory and services firm, to manage its 1.6-million- square-foot real estate portfolio. Based in Chattanooga, TN, Erlanger is a nationally acclaimed, six-hospital system that treats more than 600,000 people annually, with facilities […]
News Release: CROWN MEDREALTY PARTNERS ACQUIRES 51,429 SF MOB PORTFOLIO IN COLUMBUS, OHIO
Columbus, Ohio – August 9th, 2023 – Crown MedRealty Partners (“CROWN“), a premier healthcare real estate firm headquartered in Kansas City, Missouri, is pleased to announce its recent acquisition of a two-property medical office portfolio located in Columbus, Ohio. Comprising of two-adjoining buildings totaling 51,429 SF, the medical facilities are currently 100% leased to Central […]
News Release: Harrison Street Acquires New Medical Office Property in Escondido, California
Fully-Leased, Class-A Property is Part of Expanding Palomar Medical Center Campus CHICAGO, IL and ESCONDIDO, CA, August 8, 2023 – Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, with approximately $56 billion in assets under management, today announced the acquisition of Palomar Health Outpatient Center III, a newly […]
News Release: RTG Partners with Erlanger Health to Provide Comprehensive Real Estate Management Services for 1.6-Million-Square-Foot Portfolio
(Knoxville, TN – July 2023) Erlanger Health, Inc. (Erlanger) recently announced a partnership with Realty Trust Group (RTG), a full-service healthcare real estate advisory and services firm, to manage its 1.6-million-square-foot real estate portfolio. Based in Chattanooga, TN, Erlanger is a nationally acclaimed, six-hospital system that treats more than 600,000 people annually, with facilities spanning […]
News Release: BOLOUR completes sale of medical office asset in Dallas, Texas
Building was the company’s first medical office acquisition in the DFW market Dallas, TX – (August 8, 2023) — Privately-owned real estate investment, development and finance company Bolour Associates Inc. (BOLOUR) has sold a Class A medical office building in Dallas, Texas after a 16-month hold period. It was the company’s first medical office acquisition […]
News Release: Berkadia Adds Director To Medical & Life Sciences Platform
Minneapolis, MN – August 7, 2023 – Berkadia announced today the addition of Director Patrick Abeln to the Medical & Life Sciences platform. Abeln will be based in Minneapolis and will be focusing on debt placement and JV equity structuring. Abeln will report to Senior Managing Director – Head of Medical & Life Sciences Sabrina […]
News Release: MSU buys $48M property to house health care services
East Lansing, Mich. Aug. 8, 2023 — Michigan State University has purchased a two-building property that will house MSU Health Care providers under one roof, making services such as family medicine, pediatrics and ambulatory surgery more accessible to patients. The $48 million purchase, approved by the MSU Board of Trustees in February and finalized last month, is the […]
News Release: Preston Hollow Community Capital Completes $85 Million Bond Purchase for Mixed-Use Development in Westbrook
August 08, 2023 09:00 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–Preston Hollow Community Capital (“PHCC”) recently announced the purchase of $85.7 million in tax-exempt revenue bonds issued by the Finance Authority of Maine (“FAME”). Proceeds from the bonds will be used to fund the development of critical public infrastructure in a 65-acre mixed-use development in Westbrook, […]
News Release: Medical Properties Trust, Inc. Reports Second Quarter Results
Per Share Net Loss of ($0.07) and Normalized FFO of $0.48 in Second Quarter August 08, 2023 08:00 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the second quarter ended June 30, 2023, as well as certain events occurring subsequent […]
News Release: TPG Reports Second Quarter 2023 Financial Results
Total assets under management of $139 billion as of June 30, 2023, an increase of 9% compared to $127 billion as of June 30, 2022 GAAP net income attributable to TPG Inc. of $27 million for the second quarter ended June 30, 2023, with basic net income per share of Class A common stock of […]
News Release: Montecito Medical Acquires Medical Office Portfolio in Chicago Area
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired an 11,118-square-foot medical building in Hammond, IN. The building is 100% occupied by the Williams Eye Institute and serves as the group’s flagship location. The property is situated approximately 25 miles south of downtown Chicago. “We are thrilled to make another medical real […]