News Release: Flagship Healthcare Trust Expands Raleigh Portfolio
REIT Acquires North Hills Property, Home to Prominent Medical Clinic CHARLOTTE, N.C. (May 3, 2021) – Flagship Healthcare Trust (Flagship REIT), a Charlotte-based outpatient healthcare real estate investment trust, has acquired North Hills Medical Office Building (MOB) in Raleigh, the REIT’s 8th property in the Raleigh-Durham area. Located at 3900 Browning Place, the 20,877 square […]
News Release: Top-rated Bay Area life science cluster attracts new development
JLL’s Capital Markets team places $400+ million construction loan for Genesis Marina SAN DIEGO – May 3, 2021 – JLL Capital Markets announced today that it has secured a $400+ million construction loan for Genesis Marina, a to-be-built, waterfront Class A+ life science campus totaling approximately 570,000 square feet in Brisbane, Calif. Working on behalf […]
News Release: HCA Healthcare to Sell Four of Its Hospitals in Georgia to Piedmont Healthcare
May 03, 2021 09:20 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–HCA Healthcare, Inc. (NYSE:HCA), one of the nation’s leading healthcare providers, today announced the signing of a definitive agreement to sell four of its hospitals in Georgia for approximately $950,000,000. HCA Healthcare has agreed to sell the following hospitals in north Georgia and Macon to […]
News Release: BMO Harris Healthcare Real Estate Finance provides a $28.6 Million Credit Facility for Kayne Anderson Real Estate and Remedy Medical Properties
Chicago, April 15, 2021 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it has closed on a $28.6 million term loan to Kayne Anderson Real Estate and Remedy Medical Properties to acquire a portfolio of medical office buildings. The portfolio consists of 4 facilities in Albuquerque, NM totaling 115k SF. The portfolio is […]
News Release: BioMed Realty Acquires Development Site in Seattle
New property capable of supporting a large-scale multi-tenant campus for life science and technology companies April 30, 2021 12:00 PM Eastern Daylight Time SAN DIEGO — (BUSINESS WIRE) — BioMed Realty, a leading provider of real estate solutions for the life science and technology industries, has acquired two adjacent parcels from Clise Properties totalling 1.8 […]
News Release: Montecito Acquires Surgical Facility In Suburban Cleveland
FOR IMMEDIATE RELEASE April 30, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of an outpatient-oriented surgical facility in the Cleveland suburb of Beachwood, Ohio. Beachwood Medical Center, which was built in 2019, encompasses 69,800 square feet and is 100% leased to an […]
News Release: Cleveland Clinic to Break Ground on New Mentor (Ohio) Facility by Year’s End
April 29th, 2021 The City of Mentor is pleased to announce that the Cleveland Clinic is moving forward with its planned hospital construction beginning this calendar year. It is expected that design plans for this facility will be submitted mid-year with construction to begin by year’s end. The Clinic hopes to begin serving patients by […]
News Release: Just Closed – Bridge Financing (West Orange, N.J.)
CLOSED Cadence Capital Partners Secures $12,955,000 Bridge Financing Cadence Capital Partners is pleased to announce the closing of a $12,955,000, 5-year term, Acquisition, Capex, TI/LC Bridge Loan for a multi-tenant medical office building located 0.75 miles from Saint Barnabas Medical Center in West Orange, New Jersey. Cadence worked diligently to source the non-recourse loan through a large debt fund. Cadence […]
News Release: Welltower Announces the Completion of Two Next Generation Medical Office Buildings Leased to Atrium Health
NEWS PROVIDED BY Welltower Inc. Apr 28, 2021, 16:20 ET CHARLOTTE, N.C. and TOLEDO, Ohio, April 28, 2021 /PRNewswire/ — Welltower Inc. (NYSE: WELL) announced today the completion of two recently developed medical office buildings in Charlotte, NC, totaling over 280,000 square feet. The properties were delivered in March 2021 and master leased to Atrium Health […]
News Release: Welltower Issues Business Update
NEWS PROVIDED BY Welltower Inc. Apr 28, 2021, 16:29 ET TOLEDO, Ohio, April 28, 2021 /PRNewswire/ — Welltower Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/april-business-update About Welltower Welltower Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The […]
News Release: Welltower Reports First Quarter 2021 Results
NEWS PROVIDED BY Welltower Inc. Apr 28, 2021, 16:23 ET TOLEDO, Ohio, April 28, 2021 /PRNewswire/ — Welltower Inc. (NYSE:WELL) today announced results for the quarter ended March 31, 2021. Recent Highlights Reported net income attributable to common stockholders of $0.17 per diluted share Reported normalized FFO attributable to common stockholders of $0.80 per diluted share As of April 23, 2021, occupancy for our Seniors […]
News Release: Welltower Partners with Safanad-led Investment Group to Recapitalize HC-One
NEWS PROVIDED BY Welltower Inc. Apr 28, 2021, 16:18 ET TOLEDO, Ohio, April 28, 2021 /PRNewswire/ — Welltower®Inc (NYSE: WELL) today announced that it has partnered with a Safanad-led investment group to recapitalize HC-One, the largest UK-based seniors housing operating platform. This recapitalization will de-leverage HC-One, extend its debt maturity by five years and inject significant […]
News Release: Medical Office Conversion Financing – Rio Vista Plaza (San Diego)
JUST FINANCED RIO VISTA PLAZA San Diego, CA Medical Office Conversion Financing: Rio Vista Plaza CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the placement of acquisition and reposition financing for Anchor Health Properties, to help facilitate the purchase and conversion of Rio Vista Plaza to a 100% medical office building. Zack […]
News Release: Meeting community needs – Palomar, Kindred and PMB open new inpatient rehabilitation facility
FOR IMMEDIATE RELEASE The 52-bed, 57,543-square-foot Palomar Health Rehabilitation Institute in Escondido, Calif., will meet the growing need for more rehab services for North San Diego County residents ESCONDIDO and SAN DIEGO, Calif., April 28, 2021 – Palomar Health, Kindred Healthcare and PMB announced that they recently completed and opened the 57,543-square-foot, 52-bed Palomar Health […]
News Release: Wilshire West Medical Tower refinanced with $42.5M loan
JLL Capital Markets led financing efforts for the Los Angeles-area property; continues to see resiliency/strength in the medical office sector LOS ANGELES – April 28, 2021 – JLL Capital Markets announced today that it has arranged a $42.5 million refinancing for Wilshire West Medical Tower, a 78,702-square-foot, trophy medical office building in the desirable Brentwood […]