Companies & People

Jesse Ostrow and Russell Brenner of RX Health and Science Trust (RXHST) say ‘the sky is the limit’ for their firm now that they’ve lined up Transwestern Investment Group (TIG) as a new capital partner.
Photo courtesy of RXHST

Companies: RXHST says it’s ready to grow

Chicago-based HRE investment firm has fresh capital and deals in the works By John B. Mugford Russell Brenner and Jesse Ostrow had known each other for years while working for separate, nationally focused healthcare real estate (HRE) firms based in Chicago. But they really started making waves in the HRE sector about five years ago, […]

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News Release: Just Financed. Platinum Medical Center

JUST FINANCED Platinum Medical Center 5250 Auto Club Drive | Dearborn, MI 48126 Berkadia Medical & Life Sciences is pleased to announce the acquisition financing of Platinum Medical Center, a three-story, 79,777-square-foot surgery center and medical outpatient building located in Dearborn, Michigan, on behalf of Chicago Pacific Founders Healthcare Real Estate (“CPF HCRE”). Built in […]

News Release: Elliott Bay Acquires MOB in Tucson, AZ

News Release: Elliott Bay Acquires MOB in Tucson, AZ

SEATTLE — Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, in partnership with Pantheon, a leading global private markets investor, today announced the acquisition of a 15,000-square-foot medical office building located at 4881 E Grant Road in Tucson, Arizona. The property is fully leased to the Pain […]

News Release: Global Medical REIT Announces First Quarter 2025 Financial Results

May 7, 2025 4:13 PM Eastern Daylight Time – Completes Acquisition of Previously Announced $69.6 Million Five-Property Medical Portfolio – – Reaffirms Full Year 2025 AFFO Guidance – BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical real estate investment trust (REIT) that acquires healthcare facilities and leases those […]

News Release: Sila Realty Trust Announces First Quarter 2025 Results (CORRECTED)

May 9, 2025 4:39 PM Eastern Daylight Time Sila Realty Trust Announces First Quarter 2025 Results (CORRECTED) TAMPA, Fla.–(BUSINESS WIRE)–This press release has been corrected from the May 7, 2025 version to reflect a change in the calculation of loss on extinguishment of debt, which resulted in changes to the balance sheet (other assets increased […]

News Release: First Citizens Bank Provides Mortgage Financing to Stockdale Capital Partners

NEW YORK — May 8, 2025 — First Citizens Bank today announced that its Healthcare Finance business provided secured mortgage financing to Stockdale Capital Partners for their acquisition of West Plano Medical Village, a Class A, medical outpatient building in Plano, Texas. West Plano Medical Village consists of 49,288 rentable square feet and is fully occupied by a clinically […]

News Release: American Healthcare REIT (“AHR”) Announces First Quarter 2025 Results; Increases Full Year 2025 Guidance

IRVINE, Calif., May 8, 2025 — American Healthcare REIT, Inc. (NYSE: AHR) announced today its first quarter 2025 results and is increasing full year 2025 guidance. Key Highlights: Reported generally accepted accounting principles (“GAAP”) net loss attributable to controlling interest of $6.8 million and GAAP net loss attributable to common stockholders of $0.04 per diluted […]

News Release: Elliott Bay Acquires Ambulatory Surgery Center in Athens, OH

News Release: Elliott Bay Acquires Ambulatory Surgery Center in Athens, OH

SEATTLE — Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, in partnership with Pantheon, a leading global private markets investor, has announced the acquisition of a 13,602-square-foot ambulatory surgery center in Athens, Ohio. The facility is 100% net leased to Marietta Memorial Hospital, a wholly owned subsidiary […]

News Release: Big Sky Acquires Lake Pointe Medical Plaza, Strengthening Healthcare Real Estate Portfolio

News Release: Big Sky Acquires Lake Pointe Medical Plaza, Strengthening Healthcare Real Estate Portfolio

Dallas, TX – May 2, 2025 – Big Sky Medical is pleased to announce the off-market acquisition of Lake Pointe Medical Plaza, a premier medical outpatient facility located in Rockwall, Texas. This strategic move reinforces the firm’s unwavering commitment to portfolio growth, successfully navigating today’s challenging market conditions. Located in one of the fastest-growing communities […]

News Release: Harbor-UCLA Inpatient Tower Tops Out

News Release: Harbor-UCLA Inpatient Tower Tops Out

May 7, 2025 Marking Major Milestone in Countywide Healthcare Transformation The design-build team of HENSEL PHELPS, HMC Architects, and CO Architects is proud to announce the topping out of the new inpatient tower at Harbor-UCLA Medical Center, a major milestone in Los Angeles County’s ambitious healthcare transformation. The nine-story, 545,000-SF tower is the centerpiece of […]

News Release: Bain Capital and Botanic Properties Acquire Greater Boston Property for Biomanufacturing Conversion

The firms’ GenesisM platform, which is dedicated to developing purpose-built biomanufacturing facilities, will redevelop 45 Crosby Drive in Bedford, MA BOSTON & NEW YORK–(BUSINESS WIRE)—Bain Capital’s Real Estate team (“Bain Capital”) and Botanic Properties (“Botanic”), a real estate investment and development firm focused on addressing the unique needs of the biomanufacturing industry, today announced the […]

News Release: Community Healthcare Trust Incorporated Announces Key Leadership Change

News provided by Community Healthcare Trust Incorporated May 06, 2025, 16:30 ET FRANKLIN, Tenn., May 6, 2025 /PRNewswire/ — Community Healthcare Trust Incorporated (NYSE: CHCT) (the “Company”) today announced a key leadership change to extend the Company’s operational momentum and increase focus on portfolio leasing, management, and investment. Mark E. Kearns will become the Senior […]

News Release: Financing secured for Merck & Company’s manufacturing campus at Delaware life sciences redevelopment

News Release: Financing secured for Merck & Company’s manufacturing campus at Delaware life sciences redevelopment

JLL Capital Markets led the construction financing efforts for the 450,000-square-foot facility at the state-of-the-art Chestnut Run Innovation and Science Park in Wilmington PHILADELPHIA, May 6, 2025 – JLL Capital Markets announced today that it has arranged construction financing for the development of Merck & Company’s 450,000-square-foot manufacturing and research facility at Chestnut Run Innovation […]

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News Release: Capital Healthcare Properties and HSG Medical Acquire Distressed Medtail Asset in Lombard, Add Duly Health and Care as a Tenant to Bring Asset to 100% Leased

CHICAGO (May 6, 2025)—The partnership between Capital Healthcare Properties and HSG Medical has completed the opportunistic acquisition of a free standing medical/retail (“medtail”) property within a key Lombard trade corridor. Immediately upon acquisition, the partnership executed a long-term lease with Duly Health and Care that brings the property from 33% leased to 100% leased. The […]

News Release: Cushman & Wakefield Advises Sale of Single-Tenant Medical Office Building in Tucson, AZ

News Release: Cushman & Wakefield Advises Sale of Single-Tenant Medical Office Building in Tucson, AZ

Elliot Bay Medical Properties Holdings III LLC acquires 100% leased asset for $5.5 Million TUCSON, Ariz. – May 6, 2025 – Cushman & Wakefield announced the firm has arranged the sale of a single-tenant medical office property in Tucson, Arizona. Located at 4881 Grant Rd, the two-story building of 15,000 square feet is fully leased on […]