News Release: Placement of Acquisition Financing – Copper Peak Medical Office Building (American Fork Utah)
JUST FINANCED COPPER PEAK MEDICAL OFFICE BUILDING Placement of Acquisition Financing CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the placement of acquisition financing for the post-closing financing of Copper Peak Medical Office Building. Sabrina Solomiany, Zack Holderman, and Cole Reethof acted as the exclusive advisors in arranging the financing. Copper […]
News Release: Scioto Properties Closes $20MM+ Real Estate Acquisition
NEWS PROVIDED BY Scioto Properties Jun 25, 2021, 12:46 ET COLUMBUS, Ohio, June 25, 2021 /PRNewswire/ — Scioto Properties, LLC, the largest U.S. provider of housing for people with disabilities, that also services the traumatic brain injury, behavioral health, substance abuse and adult day services markets, with sale-leasebacks and build-to-suits, announced Friday, June 18, 2021, the […]
News Release: RWJBarnabas Health and Rutgers Cancer Institute of New Jersey Break Ground on Jack & Sheryl Morris Cancer Center
For Immediate Release State’s first freestanding cancer hospital 2024 expected completion of $750 million project NEW BRUNSWICK, N.J., June 24, 2021 – Earlier today, RWJBarnabas Health and Rutgers Cancer Institute of New Jersey, the state’s only National Cancer Institute-designated Comprehensive Cancer Center, in partnership with the New Brunswick Development Corporation (DEVCO), broke ground on the state’s […]
News Release: UC Davis Medical Center, Kindred Healthcare and PMB to develop new inpatient rehabilitation facility in Sacramento
FOR IMMEDIATE RELEASE The 52-bed UC Davis Health Rehabilitation Hospital will meet the growing community need for more rehabilitation services and allow UC Davis to free up acute care space in its main hospital SACRAMENTO and SAN DIEGO, Calif., June 24, 2021 – Kindred Healthcare LLC and the University of California Davis Medical Center announced […]
News Release: Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV Announce Definitive Agreements to Merge and Acquire American Healthcare Investors
Transactions will result in a self-managed, diversified healthcare REIT with a gross investment value of $4.2 billion, well-positioned for a potential future listing on a national stock exchange as the 11th largest healthcare REIT globally IRVINE, Calif. (June 24, 2021) – Griffin-American Healthcare REIT III, Inc. (“GAHR III”) and Griffin-American Healthcare REIT IV, Inc. (“GAHR […]
News Release: BGL Announces the Real Estate Sale of American Surgery Center (San Antonio)
Chicago, IL — June 24, 2021 — Brown Gibbons Lang & Company (BGL) is pleased to announce the real estate sale of American Surgery Center, an ambulatory surgery center totaling 11,544 rentable square feet (the Property) in San Antonio, TX. BGL’s Healthcare Real Estate team served as the exclusive advisor to the seller in the […]
News Release: Hillcroft Medical Clinic – CREG U.S. Healthcare Investment Sales (Sugar Land, Texas)
The CREG – U.S. Healthcare Investment Sales practice is pleased to announce the sale of the Hillcroft Medical Clinic located in Sugar Land, TX, part of the Houston MSA. CREG acted as the Seller’s exclusive advisors in the sale of the Property. The 100% leased Building consists of over 40,000 SF and was sold to […]
News Release: Medical Properties Trust Agrees to Acquire Five General Acute Hospitals in South Florida
Includes Leaseback to Steward Health Care of Facilities Valued at Approximately $900 Million Year-to-Date Investment Total Exceeds $3.4 Billion Funding Strategy Includes Substantial Proceeds from Anticipated Capital Recycling Activity June 23, 2021 04:30 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has entered […]
News Release: Hammes Healthcare expands Southwest team with the hire of Penny Busch in Dallas
Hammes Healthcare is pleased to welcome Penny Busch back to the company as regional vice president for the Southwest. She will be based out of Hammes’ Dallas office. MILWAUKEE AND DALLAS (PRWEB) JUNE 23, 2021 Hammes Healthcare, a leading provider of consulting and project management services, is pleased to welcome Penny Busch back to the […]
News Release: Cushman & Wakefield Selected to Oversee $250M Renovation and Expansion of Saint Francis Hospital South Campus ( Tulsa, Okla.)
For Immediate Release Project Totals 283,600 SF, Includes Six-Story Tower Accommodating 124 Patient Rooms TULSA, Oklahoma, June 23, 2021 – Cushman & Wakefield announced today that the Project Development and Services (PDS) practice at the real estate services firm has been retained to provide development management services for the $250 million renovation and expansion of […]
News Release: Caddis hires veteran HRE leader W. Todd Jensen as Executive Vice President, Investments
FOR IMMEDIATE RELEASE In his new position, Mr. Jensen will help Caddis grow its medical office building portfolio and capital relationships throughout the country DALLAS, June 23, 2021 – Caddis® has hired W. Todd Jensen, a veteran healthcare real estate (HRE) professional to serve in the newly created position of Executive Vice President, Investments. “We […]
News Release: $13,000,000 Medical Office Building Sale (Akron, Ohio)
Fairfield Advisors announces sale of 4 Medical Office Buildings / Surgery Center in Akron, Ohio – $13,000,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of a 4 Medical Office Building portfolio in the Akron, Ohio area. The 4 Medical Office Buildings […]
People: Five questions with W. Todd Jensen
Sector veteran joins Dallas-based Caddis to help grow its MOB portfolio By John B. Mugford W. Todd Jensen has plenty of experience in the healthcare real estate (HRE) sector, and in his 25-year career with both public and private companies has been involved in more than 300 transactions topping $5 billion. Dallas-based Caddis, which has […]
News Release: Montecito Medical Acquires Surgery Center and Medical Office Property in Richmond (Va.)
FOR IMMEDIATE RELEASE June 22, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Brookfield Commons, a large medical office building and ambulatory surgery center (ASC) in Richmond, Virginia. The three-story facility, with nearly 90,000 square feet of rentable space, was fully […]
News Release: Welltower to Acquire Holiday Retirement’s 86-Property Seniors Housing Portfolio for $1.58 billion in conjunction with Atria’s Acquisition of Holiday Atria Senior Living to Acquire Holiday Retirement
NEWS PROVIDED BY Welltower Inc. Jun 21, 2021, 16:16 ET TOLEDO, Ohio, June 21, 2021 /PRNewswire/ — Transaction is expected to be immediately accretive to Welltower’s next twelve months normalized funds from operations by approximately $0.10 per diluted share; Welltower expects an unlevered IRR in the low double-digit range Portfolio is valued at $152,000 per unit, […]
