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Breaking News

News Release: Montecito Medical Names Brandi Meeks as Vice President of Marketing

News Release: Montecito Medical Names Brandi Meeks as Vice President of Marketing

FOR IMMEDIATE RELEASE March 25, 2021 Nashville, Tenn. — Montecito Medical Real Estate, one of the nation’s top acquirers of medical office properties, has expanded its leadership team with the appointment of Brandi Meeks as Vice President of Marketing. Meeks leads branding strategy and execution for the company, including marketing related to Montecito’s medical real […]

News Release: Prism Health North Texas Establishes Major Presence on Baylor Medical Center Campus, Continuing to Care for Community

News Release: Prism Health North Texas Establishes Major Presence on Baylor Medical Center Campus, Continuing to Care for Community

Prism Health North Texas Establishes Major Presence on Baylor Medical Center Campus with 46,000 SF in Leases Together at Last: Prism Health North Texas Administrative Offices to Relocate to Baylor University Medical Center Campus, Near the Organization’s Research Facilities, Pharmacies, & Clinics DALLAS, March 22, 2021 – Prism Health North Texas (PHNTX) has signed a 22,623-square-foot lease […]

Artist rendering of Phase I of Monmouth Health Park  in Eatontown, NJ. Please click on the image to link to a high-resolution version. For more healthcare real estate news from Rendina, please visit: Rendina.com/Press

News Release: RWJBarnabas Health & Rendina Healthcare Real Estate Break Ground on RWJBarnabas Health Family Care & Wellness at the Monmouth Mall

NEWS PROVIDED BY Rendina Healthcare Real Estate Mar 24, 2021, 13:30 ET EATONTOWN, N.J., March 24, 2021 /PRNewswire/ — RWJBarnabas Health (RWJBH) and Rendina Healthcare Real Estate are celebrating the groundbreaking of RWJBarnabas Health Family Care & Wellness at the Monmouth Mall in Eatontown, NJ. When completed, the 82,000-square-foot building will feature healthcare services offered by […]

News Release: Mediplex Property Group Expands its Portfolio of Tenant-Partner Facilities with Delivery of Another Class-A Medical Office Building

News Release: Mediplex Property Group Expands its Portfolio of Tenant-Partner Facilities with Delivery of Another Class-A Medical Office Building

(Horsham, PA): Mediplex Property Group (Mediplex) is pleased to announce the successful completion of the latest addition to its portfolio of healthcare-focused real estate. Mediplex Prudential Road is strategically located in Horsham, PA, home to an expanding concentration of both healthcare providers and life sciences companies. Serving Philadelphia’s northern suburbs, the property at 508 Prudential Road […]

News Release: Trammell Crow Company Tops Off Fulton Labs at 400 N. Aberdeen in Chicago

News Release: Trammell Crow Company Tops Off Fulton Labs at 400 N. Aberdeen in Chicago

Chicago | March 23, 2021 Trammell Crow Company (TCC), one of the largest commercial real estate developers in the United States, today announced it has topped out the construction on its Fulton Labs at 400 N. Aberdeen development. The facility is a 423,454 square-foot best-in-class laboratory building that the company is developing to help meet […]

News Release: Placement of Acquisition Financing - Sugar Creek Health Center

News Release: Placement of Acquisition Financing – Sugar Creek Health Center

JUST FINANCED March 23, 2021 SUGAR CREEK HEALTH CENTER Placement of Acquisition Financing for Virtus Real Estate Capital CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the placement of acquisition financing for Virtus Real Estate Capital, to help facilitate the purchase of Sugar Creek Health Center. Sabrina Solomiany, Zack Holderman, and Cole […]

News Release: Montecito Medical Acquires Surgery Center Facility in Pittsburgh Area

News Release: Montecito Medical Acquires Surgery Center Facility in Pittsburgh Area

FOR IMMEDIATE RELEASE March 23, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of The Surgery Center at Cranberry, a multi-specialty ambulatory surgery center (ASC) leased to a leading medical provider in the Pittsburgh suburb of Cranberry Township, Pennsylvania. The Surgery Center at […]

News Release: White Oak Healthcare MOB REIT Acquires 7 Medical Office Buildings in 5 States

News Release: White Oak Healthcare MOB REIT Acquires 7 Medical Office Buildings in 5 States

March 23, 2021 09:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–White Oak Healthcare MOB REIT today announces the acquisition of seven medical office buildings in five states. The seven assets total 67,110 SF and are 100% leased to Fresenius and DaVita affiliates. “We are pleased to add Fresenius and DaVita, both investment grade companies on […]

Russell Valdez

News Release: Capital One Medical Office Team Sees Positive Business Momentum Through 2020

New York, NY (March 22, 2021) – Capital One announced its Medical Office team, part of the Capital One Healthcare Real Estate business, closed 43 deals totaling about $2.5 billion throughout 2020. The team funded transactions ranging from $15 million single-asset loans to $1 billion value portfolios across medical office buildings, medical properties, life science […]

News Release: CIT Serves as Sole Lead Arranger on $39 Million Financing for Philadelphia Medical Office Building

News Release: CIT Serves as Sole Lead Arranger on $39 Million Financing for Philadelphia Medical Office Building

NEW YORK — March 22, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on a $39 million loan to finance the Jefferson Health medical office building adjoining the Philadelphia Navy Yard Corporate Center. The borrower, Norvin Healthcare Properties, is an experienced and successful manager […]

News Release: Anchor Health Properties Celebrates Completion of the 52,240 Square Foot UC Davis Health Roseville Outpatient Clinic Transformation Project

News Release: Anchor Health Properties Celebrates Completion of the 52,240 Square Foot UC Davis Health Roseville Outpatient Clinic Transformation Project

FOR IMMEDIATE RELEASE March 22, 2021 (Sacramento, CA) – Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, and UC Davis Health, a leading academic-based health system in the Sacramento and Northern California region, have officially celebrated the completion of a large-scale transformation project […]

News Release: Meridian Sells New-Construction 11,424 SF Dialysis Clinic in Watsonville (Calif.) for $6.7 Million

News Release: Meridian Sells New-Construction 11,424 SF Dialysis Clinic in Watsonville (Calif.) for $6.7 Million

FOR IMMEDIATE RELEASE: WATSONVILLE, Calif. – Meridian, a full-service real estate developer, operator, and owner of medical real estate, is pleased to announce that the company has closed escrow on the sale of its new construction, 11,424-square-foot outpatient dialysis clinic in Watsonville, California. The purchase price was $6.7 million, representing a cap rate of 5.15%. […]

News Release: Montecito Medical Acquires Cardiac Center Facility in Arizona

News Release: Montecito Medical Acquires Cardiac Center Facility in Arizona

FOR IMMEDIATE RELEASE March 19, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a cardiac ambulatory surgery center (ASC) leased to a leading health system in suburban Phoenix. The Banner Health – Cardiac Center for Excellence Ambulatory Surgery Center, situated in the […]

Rendering of Nexus on Grand by Flad Architects.

News Release: Healthpeak Properties Announces Latest Life Science Development – Nexus on Grand – in South San Francisco

NEWS PROVIDED BY Healthpeak Properties, Inc. Mar 18, 2021, 18:11 ET DENVER, March 18, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it will commence construction of its Nexus on Grand development located at 233 East Grand Avenue in South San Francisco. The Class A development will consist of a five-story building totaling […]

News Release: Flagship Healthcare Trust acquires dominant eye surgery center in Kentucky

News Release: Flagship Healthcare Trust acquires dominant eye surgery center in Kentucky

Outpatient healthcare real estate firm expands presence in Kentucky CHARLOTTE, N.C. (March 18, 2021) – Flagship Healthcare Trust (Flagship REIT), an outpatient healthcare real estate investment trust, has acquired the Eye Surgery Center of Paducah (ESCP) in Paducah, Kentucky. Located at 100 Medical Center Drive, the 6,300-square-foot, Class A ophthalmic surgery center is accredited by […]