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 […]
News Release: Thomas Park Investments Acquires Howard County Medical Building
Healthcare real estate firm expands Maryland presence March 18, 2021 10:17 AM Eastern Daylight Time ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park Investments, a healthcare real estate investment firm, has added River Hill Station to its growing mid-Atlantic region portfolio. “This acquisition embodies our strategy of adding high-quality, strong-performing facilities to our portfolio” Located at 5005 Signal Bell […]
News Release: Flagship Healthcare Trust acquires medical office building in Central Florida
Outpatient healthcare real estate firm expands Florida presence CHARLOTTE, N.C. (March 17, 2021) – Flagship Healthcare Trust (Flagship REIT), an outpatient healthcare real estate investment trust, has acquired a Class A medical office building in the rapidly growing metro area of Lakeland-Winter Haven in Florida. This marks the third acquisition for Flagship in Florida in […]
News Release: Former JLL Managing Director Steve Leathers Launches Healthcare Focused Real Estate Investment Firm
Two industry veterans tapped as managing directors to support platform growth NEW YORK (Mar. 17, 2021) – Financial services industry veteran Steve Leathers has launched Leathers Group, a private real estate investment manager focused on medical office and specialty healthcare real estate. The firm also announced today that Sean Leahy and Randy Beckman have joined […]
News Release: Life sciences demand propels NYC redevelopment project forward
News release JLL Capital Markets secured $393M in financing to redevelop 125 West End Ave. in Manhattan’s West Side cluster March 17, 2021 NEW YORK – March 17, 2021 – JLL Capital Markets announced today that it has arranged a $393 million construction financing for the redevelopment of 125 West End Ave. into a world-class […]