News Release: $52M refinancing secured for California seniors housing community
JLL Capital Markets led the refinancing effort with MidCap Financial providing the loan for the 168-unit Atria Newport Beach in Newport Beach, California SAN DIEGO, Aug. 15, 2024 – JLL Capital Markets announced today that it arranged a $52 million refinancing for Atria Newport Beach, a 168-unit senior living community located in the Newport Beach enclave […]
News Release: AdventHealth Wesley Chapel Expanding to Better Serve Pasco County
August 15, 2024 — WESLEY CHAPEL, Fla. – AdventHealth Wesley Chapel is excited to announce a major expansion to support the growing community of Pasco County. Construction began in early July, with the new additions expected to be ready by late 2025. State and local leaders, including Rep. Randy Maggard, who serves District 38, and […]
News Release: Medical Properties Trust Sells 11 Colorado Facilities for $86 Million
August 14, 2024 04:15 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the completion of its sale of 11 freestanding emergency department (“FSED”), primary care, imaging and urgent care facilities in Colorado to University of Colorado Health (“UCHealth”) for $86 million. The Company intends to […]
News Release: Webster Bank Healthcare Underwrites $30,600,000; Helps Arrange and Underwrite $58,400,000 in Development Capital for Anchor Health Properties
STAMFORD, CT August 14 2024 – Webster Bank Healthcare has underwritten $30,600,000 and helped arrange and underwrite $58,400,000 in construction and mini-permanent debt financing for Anchor Health Properties in support of the ground-up development of two Inpatient Rehabilitation Facilities (IRF) – a 61,000 square foot, 52- bed IRF in Apex, North Carolina and a 100,000 […]
News Release: Northwest Arkansas hospital trades for $28.25M
JLL Capital Markets led the sales efforts for Mercy Rehabilitation Hospital Fort Smith, a 50-bed rehab hospital in Fort Smith DENVER, Aug. 13, 2024 – JLL Capital Markets announced today that it has completed the $28.25 million sale of Mercy Rehabilitation Hospital Fort Smith, a 50-bed, inpatient rehabilitation hospital (“IRF”) in the northwest Arkansas community of […]
News Release: Lilly opens state-of-the-art research and development center in the Boston Seaport
Lilly Seaport Innovation Center (LSC) serves as the central hub for Lilly’s genetic medicines efforts and houses the first East Coast Lilly Gateway Labs New 346,000 square foot facility will accommodate approximately 500 Lilly scientists and researchers, in addition to 200 people from Lilly Gateway Labs’ companies INDIANAPOLIS, Aug. 13, 2024 /PRNewswire/ — Eli Lilly and […]
News Release: OhioHealth O’Bleness Hospital Kicks off $17 Million Surgery Project
OhioHealth announced today a capital investment that will transform OhioHealth O’Bleness Hospital’s surgery facilities. In fall 2023, the OhioHealth Board of Directors approved $17.2 million to be used for O’Bleness Hospital surgical suite improvements, including its operating rooms, Post Anesthesia Care Unit (PACU), sterile processing area and other support and storage areas. This is the latest in […]
News Release: Heritage Global Partners to Conduct Two Major Online Auctions of Cue Health’s Assets
Unique Opportunity by Order of the US Bankruptcy Court (Case # 24-11096-CTG), Featuring Over 2,000 Auction Lots! August 12, 2024 02:00 PM Eastern Daylight Time SAN DIEGO–(BUSINESS WIRE)–Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, has been appointed by the Chapter […]
News Release: Oxford Finance Provides $47 Million Credit Facility to Creative Solutions in Healthcare, Inc.
ALEXANDRIA, Va. & FORT WORTH, Texas. – Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences, healthcare services, healthtech, business services and SaaS companies worldwide, today announced the closing of a $47 million senior credit facility to Creative Solutions in Healthcare, Inc. (“Creative Solutions,” or “the Company”). Funds […]
News Release: South Florida Baptist Hospital’s Grand Opening Ushers in New Beginning
PLANT CITY, Fla., Aug. 10, 2024 /PRNewswire/ — The new South Florida Baptist Hospital, part of BayCare Health System, is officially open. The 424,000-square-foot facility replaces the original hospital on Alexander Street, which served the Plant City, Florida, community for more than 70 years. As of 3 a.m. Saturday, the legacy hospital permanently closed and […]
News Release: Sold: Dignity Health Micro-Hospital in Phoenix, AZ MSA
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a micro-hospital located in a rapidly growing area in Phoenix, AZ, the capital and most populous city of Arizona. The multi-specialty Hospital and emergency care center is 100% leased and operated by Dignity Health (Fitch A-) and offers the same level […]
News Release: RSFH will sell Roper Hospital property by 2025
Roper St. Francis Healthcare is announcing today its plans to sell the 11.5-acre property where Roper Hospital is located at 316 Calhoun St. in Charleston to the Medical University Hospital Authority (MUSC Health). The transaction will not be finalized until Roper St. Francis Healthcare relocates hospital operations, anticipated for late 2029, to the Roper Hospital […]
News Release: Berkadia Secures $47.4M in Financing for a 135-Unit Seniors Housing Community in Kensington, Maryland
KENSINGTON, MARYLAND – August 8, 2024 – Berkadia announced today the financing of Modena Reserve at Kensington, a 135-unit, seniors housing community in Kensington, Maryland. Managing Directors Steve Muth and Austin Sacco of Berkadia Seniors Housing & Healthcare secured a $47.4 million loan through a Debt Fund on behalf of the sponsors: A global real […]
News Release: Texas Tech Officials Cut Ribbon on Newest Academic Facility
The Academic Sciences Building offers greater opportunities for collaboration, research and experiential learning. Officials from Texas Tech University, the Texas Tech University System and other community stakeholders celebrated during a ribbon-cutting ceremony today (Aug. 9), officially declaring the Academic Sciences Building (ASB) open for business just as a new academic year appears on the […]
News Release: Ryan Companies Promotes Steve Stecker, CHC to Senior Vice President of Project Development
MINNEAPOLIS, Minn. (Aug. 8, 2024) – Ryan Companies US, Inc., a national commercial real estate solutions provider, is pleased to announce the promotion of Steve Stecker, CHC to Senior Vice President of Project Development, Healthcare. In his elevated role, Stecker will lead business development efforts to further enhance Ryan’s diverse healthcare construction portfolio and sector-specific […]