News Release: BMO Healthcare Real Estate provides $175,600,000 in acquisition financing to Kayne Anderson Real Estate and Remedy Medical Properties for the acquisition of a 37-property medical office portfolio.
Chicago, May 6, 2024 – BMO’s Healthcare Real Estate group announces that it closed a $175,600,000 acquisition loan for a joint venture led by Kayne Anderson Real Estate and managed by Remedy Medical Properties. The BMO loan provided financing for the acquisition of a 37-property medical office portfolio totaling approximately 700,000 square feet across 13 […]
News Release: Healthcare Realty Trust Announces Strategic Joint Venture With KKR
May 06, 2024 06:45 ET Source: Healthcare Realty Trust Incorporated Contributes seed portfolio valued at $383 million to the JV, resulting in proceeds of approximately $300 million Additional KKR capital commitment of up to $600 million to increase the potential value of the JV to more than $1 billion NASHVILLE, Tenn., May 06, 2024 (GLOBE […]
News Release: Steward Health Care Finalizing Financing Deal With Medical Properties Trust to Support Its Restructuring
Business Wire May 06, 2024 03:39 AM Eastern Daylight Time Funds Will Allow All Communities to Continue to Be Served and Day-to-day Operations to Continue in the Ordinary Course DALLAS, May 06, 2024–(BUSINESS WIRE)–Today, Steward Health Care (“the Company”), a national fully integrated value-based healthcare system and the largest physician-led hospital operator in the United […]
News Release: Just Closed: Class A, Outpatient Medical Building on the Campus of St. Anthony North Hospital
Transaction Highlights Date Closed 4/30/24 Size 75,605 SF Occupancy 93% Orchard Park Medical Center | 14190 Orchard Pkwy.Westminster, CO CBRE U.S. Healthcare Capital Markets is pleased to announce the closing of Orchard Park Medical Center (the “Property”), located on-campus of CommonSpirit’s St. Anthony North Hospital, located in Westminster, CO. CBRE’s Healthcare Capital Markets team partnered with […]
News Release: Cushman & Wakefield Arranges $3.45M Sale of 9642 Lake Nona Village Place
ORLANDO, Florida, May 03, 2024 – Cushman & Wakefield announced the commercial real estate services firm has arranged the $3,450,000 sale of 9642 Lake Nona Village Place, a 6,582-square-foot Class A medical office building in Orlando, Florida. Anne Spencer and Angela Flint of Cushman & Wakefield’s Florida Healthcare Advisory Practice represented the seller, a private […]
News Release: ESI Arranges the Sale of an AL/MC Community in Knoxville
Knoxville, TN– Evans Senior Investments (ESI) successfully arranged the sale of Trinity Hills of Knoxville. Acting on behalf of a regional owner-operator, ESI orchestrated the transaction, resulting in a HUD assumption by the buyer. The purchase price was $6,150,000, or $76,875 per bed. Trinity Hills, established in 2006 and situated a few miles outside of […]
News Release: Omega Reports First Quarter 2024 Results and Recent Developments
Completed $240 Million in New Investments Year-to-Date Repaid a $400 Million Debt Maturity in April HUNT VALLEY, Md.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended March 31, 2024. FIRST QUARTER 2024 AND RECENT HIGHLIGHTS Net income for the quarter of $69 million, or $0.27 […]
News Release: CareTrust REIT Announces First Quarter 2024 Operating Results
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended March 31, 2024, as well as other recent events. For the quarter, CareTrust REIT reported: Investments of $118.8 million during the quarter and $206.5 million year-to-date at an estimated stabilized yield of 11.1% and 10.5%, respectively, after rent ramps under […]
News Release: PMB and UChicago Medicine open 132,000-square-foot multispecialty care center in Crown Point, Indiana
FOR IMMEDIATE RELEASE Advanced Care for the Community – This new 132,000 square-foot multispecialty care center and micro-hospital in Northwest Indiana is the largest off-site facility for the academic health system. Crown Point, Ind., May 2, 2024 – PMB is proud to announce the opening of the University of Chicago Medicine’s new 132,000-square-foot multispecialty care center […]
News Release: Berkadia Secures Financing for a 283-Unit Trophy Senior Housing Community in Clayton, Missouri
HOUSTON, Texas – May 2, 2023 – Berkadia announced today the refinancing of Clarendale Clayton, a best-in-class seniors housing community that offers the full continuum of care in a high-end resort-style environment. Managing Director Austin Sacco of Berkadia Seniors Housing & Healthcare arranged financing through a national bank on behalf of the borrower, a joint […]
News Release: Financing secured for a 165-unit senior housing asset in Phoenix’s affluent northwest submarket
JLL Capital Markets represented Fortress and COGIR Senior Living in this transaction SEATTLE, May 1, 2024 – JLL Capital Markets announced today that it arranged financing for Inspira Arrowhead, a newly constructed senior housing asset in Glendale, Arizona. JLL worked on behalf of the borrowers, funds managed by affiliates of Fortress Investment Group LLC (“Fortress”), and […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate Acquire 37-Property Healthcare Real Estate Portfolio from Broadstone Net Lease
DENVER and CHICAGO (May 2, 2024) – Joint venture partners Remedy Medical Properties and Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, today announced the acquisition of a portfolio of 37 healthcare properties from Broadstone Net Lease, an industrial-focused net lease REIT, for $252 million. The acquisition closed on […]
News Release: CareTrust REIT Funds Mortgage Financing with Purchase Option on Tennessee Skilled Nursing Facilities; Reports Reloaded Pipeline of $260 Million and Q1 ATM Activity of $273 Million
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded a $26.7 million mortgage loan in connection with the borrower’s acquisition of a 2-asset, skilled nursing portfolio with a total of 276 licensed beds and located in Tennessee. The borrower group under the loan is an experienced, regional health care real estate […]
News Release: Ventas Reports 2024 First Quarter Results
CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the first quarter ended March 31, 2024. CEO Remarks “2024 is off to a strong start, led by continued organic growth in our advantaged senior housing operating portfolio (“SHOP”), as we execute against our strategy. Demand-driven accelerating occupancy in SHOP drove our […]
News Release: Broadstone Net Lease Announces First Quarter 2024 Results
May 01, 2024 04:10 PM Eastern Daylight Time VICTOR, N.Y.–(BUSINESS WIRE)–Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL”, the “Company”, “we”, “our”, or “us”), today announced its operating results for the quarter ended March 31, 2024. MANAGEMENT COMMENTARY “Adding to the positive momentum discussed in our April 3 press release, we’ve now closed on $202 million […]