News Release: Real Estate Developer Cambridge Holdings Establishes Advisory Board
FOR IMMEDIATE RELEASE Dallas, Texas, February 13, 2023 – Dallas-based Cambridge Holdings Incorporated has established a seven-member Advisory Board to help guide its growth in markets across the United States. Board members’ expertise represents public and private sectors and covers the spectrum across city government and economic development as well as Diversity, Equity and Inclusion […]
News Release: The Sanders Trust Completes Development of 40-Bed Rehabilitation Hospital
New 56,000-sq. ft. Facility Located in Arizona Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the completion of Dignity Health East Valley Rehabilitation Hospital – Gilbert located in Gilbert, Arizona. The Sanders Trust was selected as the owner and developer of […]
News Release: Walz Capital Acquires Medical Office Building through Physician Group Sale Leaseback in Myrtle Beach, South Carolina
FOR IMMEDIATE RELEASE MYRTLE BEACH, SC., February 13, 2023 – Chicago-based Walz Capital today announced their acquisition of a 9,546 square foot Medical Office Building in Myrtle Beach, SC. The two-story building, which is located at 1945 Glenns Bay Road, is master leased by South Strand Internists, with a 1,600 square foot sublease LabCorp. This […]
News Release: Community Healthcare Trust Incorporated Chairman, Chief Executive Officer And President, Timothy G. Wallace, Taking Medical Leave Of Absence
FRANKLIN, Tenn., Feb. 13, 2023 /PRNewswire/ — Community Healthcare Trust Incorporated (NYSE: CHCT) (the “Company”) today announced that Timothy G. Wallace is taking a medical leave of absence from his roles as Chairman of the Board, Chief Executive Officer and President of the Company, effective as of February 10, 2023, due to complications from a […]
News Release: Healthpeak Announces Closing of Holding Company Reorganization
DENVER, Feb. 10, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) (the “Company”) today announced the completion of its holding company reorganization (the “Reorganization”), which restructured the Company as an Umbrella Partnership Real Estate Investment Trust, or UPREIT. The Reorganization provides additional flexibility for the Company to efficiently acquire properties in a tax-deferred manner and […]
News Release: CareTrust REIT Announces Fourth Quarter & Full Year 2022 Operating Results
Conference Call Scheduled for Friday, February 10, 2023 at 1:00 pm ET SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter and year ended December 31, 2022, as well as other recent events. For the quarter, CareTrust REIT reported: 95.5% of contractual rents collected; Net income of $14.4 million and […]
News Release: Ventas Reports 2022 Fourth Quarter and Full Year Results and Provides 2023 Outlook
CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the fourth quarter and full year ended December 31, 2022. CEO Remarks “We are pleased to have delivered a strong fourth quarter, which reflects the attractive operating and financial results of our diverse portfolio and the benefits of our key strategic initiatives. […]
News Release: Montecito Acquires Two Orthopedic Medical Office Properties in Cincinnati
NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two orthopedic medical office buildings in the Cincinnati area. The buildings, which have a combined total of more than 130,000 square feet, are fully leased to Beacon Orthopedics, the Cincinnati area’s dominant orthopedic practice. Each of […]
News Release: Montecito Medical Acquires Medical Office Building in Philadelphia Area
NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a medical office property in the greater Philadelphia market area. The 27,500 square-foot building, located in Bensalem Township, is tenanted by two prominent provider groups, Alliance Cancer Specialists and US Digestive Health/Gastrointestinal Specialists. The property includes an ambulatory […]
News Release: $12,050,000 Sale Announcement
15-Year STNL Medical Office Building Portfolio (4) with Leading Independent Midwest Eye Care Provider Madison Street Group is pleased to announce the investment sale of the Whitewater Eye Centers Real Estate Portfolio located in Indiana (3) and Ohio (1) to Montecito Medical Real Estate. Investment Highlights: Three (3) MOBs with one (1) ambulatory surgery center (ASC), and one […]
News Release: Newmark Completes Full Building Life Sciences Lease in Alameda, California
February 9th, 2023 9:00am Transaction Marks Third Largest Life Sciences Lease in East Bay in 4Q22 Newmark announces Vivani, a California-based biopharmaceutical company, has signed a 43,645-square-foot, full building lease at the Radius @ Harbor Bay campus, a nearly 700,000-square-foot life science and innovation campus, located in Alameda, California. Newmark Managing Directors Ari Rokeach and […]
News Release: Revolutionary Surgical Center Comes to Littleton (Colo.)
NEWS PROVIDED BY Broe Real Estate Group Feb 09, 2023, 09:03 ET Mineral Medical Center to House New Arapahoe County Hub for Outpatient Care DENVER, Feb. 9, 2023 /PRNewswire/ — Mineral Medical Center, the multi-tenant medical building located at 1501 W. Mineral Avenue in Littleton, is proud to announce the addition of Mineral Surgery Center, LLC. […]
News Release: Vanbarton Healthcare Group and Tramview Capital Management Complete First Closing of 2023
NEW YORK, New York (February 7, 2023) – The healthcare division of Vanbarton Group recently completed its first acquisition of 2023 with the purchase of a 24,000 square foot medical office building located in Tucson, Arizona. The property is fully leased to Northwest Hospital—one of the top integrated healthcare systems in southern Arizona. Situated on […]
News Release: Newmark Facilitates $72.7 Million Sale of Medical Office Building Portfolio
The five assets total 179,000 square feet and span four states New York, NY (February 8, 2023) — Newmark announces the $72.7 million sale of a five-building, Class A medical office building portfolio. The 179,000-square-foot portfolio comprising outpatient medical office buildings and surgery centers spans four states—Pennsylvania, Connecticut, Georgia and Texas. Newmark represented the seller […]
News Release: Outpatient healthcare services and facilities set for enormous growth
The aging U.S. population is driving demand for outpatient healthcare services facilities, reinforcing the stability of medical office assets CHICAGO, Feb. 8, 2023 – Although they comprise only 30% of the U.S. population, the 55+ populace is the biggest consumer of U.S. healthcare services, and the 80+ cohort is forecasted to balloon nearly 50% in […]
