News Release: $38.5M refinancing arranged for national outpatient medical portfolio
JLL Capital Markets led the refinancing efforts for Provider Real Estate Partners BOSTON, Sept. 11, 2024 – JLL Capital Markets announced today that it has arranged a $38.5 million refinancing for a six-property national medical portfolio totalling 160,060 square feet across five states. Working on behalf of Provider Real Estate Partners (“PREP”), JLL secured the three-year […]
News Release: Flagship Healthcare Properties Announces Development of Ambulatory Surgery Center for South Baldwin Regional Medical Center in Foley, AL
FOR IMMEDIATE RELEASE Date: SEPTEMBER 11, 2024 Foley, AL — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, is pleased to announce the development of South Baldwin Regional Medical Center Surgery Center, a state-of-the-art ambulatory surgery center in Foley, Alabama. The center will be across the street from the South Baldwin Regional Medical […]
News Release: HonorHealth to assume operations of multiple Steward Health Care facilities in Arizona
News and community Scottsdale, Ariz. (September 11, 2024) – HonorHealth, a leading healthcare system serving more than five million people in the greater Phoenix and Scottsdale areas, has agreed to assume operational control of several Arizona-based Steward Health Care facilities. Beginning today, HonorHealth will assume daily operations of the following Steward Health Care facilities: Mountain Vista […]
News Release: ESI Arranges the Sale of a CCRC in Pennsylvania
Somerset, Pennsylvania – Evans Senior Investments (ESI) has successfully arranged the sale of The Patriot, a Continuing Care Retirement Community (CCRC) in Somerset, Pennsylvania. The transaction was executed on behalf of a non-profit organization. The CCRC offers a diversified unit mix, including 100 licensed skilled nursing beds, 47 personal care units, and 2 independent living […]
News Release: The Christ Hospital Medical Center – Liberty Township to Hold Ribbon Cutting for Expansion
Nearly $20 Million Project Began in 2023 CINCINNATI (September 11, 2024) – The Christ Hospital Medical Center – Liberty Township will hold a ribbon cutting ceremony for its 17,800 square-foot expansion on Friday, Sept 13 at 10:30 a.m. at 6939 Cox Road. The addition to the medical center will open for patient care beginning on […]
News Release: Berkadia Secures $92.71M In Financing For Nine Seniors Housing Communities In Four Different States
Richmond and Scottsdale – September 10, 2024 – Berkadia announced today the financing of nine seniors housing communities totaling $92.71 million located in Montana, Oregon, Arizona, and Florida, with all the deals closing since April. Managing Directors Steve Muth and Ed Williams of Berkadia Seniors Housing & Healthcare completed the financing for a 78-unit assisted […]
News Release: CBRE Appoints Bryan Johnson to Lead Americas Healthcare
Dallas – Sept. 10, 2024 – CBRE announced today that industry veteran Bryan Johnson has rejoined the company as Americas Healthcare Leader for its Advisory & Transaction Services line of business. Mr. Johnson, a seasoned real estate professional with extensive healthcare experience, will lead CBRE’s healthcare growth and client service strategy. His diverse background spans all […]
News Release: Dignity Health Announces Developer and Architecture Firm Selections for Folsom Ranch Advanced Ambulatory Care Center
New expansion to house a host of specialty services, outpatient surgery center and more. SACRAMENTO (September 10, 2024) – Dignity Health announced today that Perkins&Will and NexCore have been selected as the architect and developer for the new Advanced Ambulatory Care Center (AACC) at Folsom Ranch, just south of Highway 50. The AACC will expand […]
News Release: Scioto Properties Closes Record $80 MM Real Estate Portfolio Acquisition
COLUMBUS, Ohio, Sept. 10, 2024 /PRNewswire/ — Scioto Properties announces the acquisition of 277 properties across 17 states, marking the company’s largest transaction to date, totaling $80 million. This acquisition significantly expands Scioto’s national footprint and underscores its position as the nation’s largest real estate owner and lessor to residential care providers. By introducing new […]
News Release: Elliott Bay Acquires MOB in Kentucky
SEATTLE — A partnership between Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, and its partner Pantheon, a leading global private markets investor, today announced it has acquired a net leased medical outpatient property in Paintsville, KY. The property is leased to a leading health system providing […]
News Release: Turner Reaches Project Milestone for $102 Million Tennessee Oncology Medical Office Building Project
The project will improve healthcare in the Middle Tennessee region. Turner Construction Company celebrated the topping out of the $76.4 million Midtown Medical Office Building and $25.4 million Tennessee Oncology Tenant Improvements in Nashville, Tennessee. The final steel beam was signed by the workers and clients during the topping out celebration. The five-story, state-of-the-art cancer […]
News Release: Building a brighter future: Adena Health reveals construction plans for new Fayette County hospital
WASHINGTON COURT HOUSE, Ohio, Sept. 5, 2024 /PRNewswire/ — When the former Fayette County Memorial Hospital was welcomed into the Adena Health family in 2021, Adena President and CEO Jeff Graham expressed a desire to make a significant investment in the future of health care in Fayette County. The future, he promised at the time, included […]
News Release: Lee Health Announces Sept. 10 Opening of the New Complex Care Center at Cape Coral Hospital
September 6th, 2024 New center will serve growing Cape Coral population and help patients transition through the continuum of care Lee Health is pleased to announce the opening of the Complex Care Center at Cape Coral Hospital on Sept. 10. The new center, located inside of the hospital’s Medical Office Building, will help serve the […]
News Release: Berkadia Secures $66M in Financing For Four Seniors Housing Communities
CHARLESTON, South Carolina – August 4, 2024 – Berkadia announced today the financing of four loans totaling $66 million. Managing Director Jay Healy of Berkadia Seniors Housing & Healthcare completed the financings on behalf of the borrowers. At the end of June, Healy closed a $20 million bridge-to-HUD loan to refinance a maturing construction […]
News Release: ESI Arranges the Sale of a Skilled Nursing Facility in Missouri
Missouri – Evans Senior Investments (ESI) has successfully arranged the sale of a skilled nursing facility located in Western Missouri. The transaction was executed on behalf of an independent owner-operator seeking to exit the industry. Built in 1987 and situated on over 4 acres of land, the facility is licensed for 199 skilled nursing beds. […]