News Release: Steward Health Care Set to Build New Hospital in St. George, Utah
Nation’s Largest Private & Physician-Led Health Care Network to Build New Facility, With Plans to Open Doors in October 2023 Hospital Will Serve Southern Utah, Offering New Care Options to One of the Fastest-Growing Patient Populations in the Southwest U.S. UTAH, March 24, 2021 – Steward Health Care, the nation’s largest private, physician-owned health care network, today […]
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
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
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
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
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 […]
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
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
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
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
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 […]
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
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 […]
News Release: Healthpeak Properties Announces Callan Ridge Life Science Development in Torrey Pines
NEWS PROVIDED BY Healthpeak Properties, Inc. Mar 18, 2021, 18:13 ET DENVER, March 18, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it will proceed with the densification of its Callan Ridge campus located at 3020-3030 Callan Road in the Torrey Pines submarket of San Diego. The project will nearly double the current […]
News Release: Ryan Companies Breaks Ground on Multi-Specialty Medical Building in St. Peters (Mo.)
ST. PETERS, MO. ( MAR 18, 2021 ) Ryan Companies US, Inc., in partnership with Surgery Partners and Advanced Bone & Joint, will bring all major orthopedic and ancillary services for Northwest Missouri under one roof with the development, design and construction of St. Peters Ambulatory Surgery Center and Medical Office Building. The multi-specialty facility […]