Cover Story: ‘Side business’ grows up
Pinecroft Realty restructures as its HRE business expands By John B. Mugford For starting out as a side business of an energy trader back in 2003, The Woodlands, Texas-based Pinecroft Realty has done rather nicely in the healthcare real estate (HRE) sector. The full-service commercial real estate firm, which focuses on HRE development, also acquires, […]
News Release: Phoenix Children’s Building New 44,000-Square Foot Level IV Neonatal Intensive Care Unit
New NICU Part of Ongoing Phoenix Children’s Hospital — Thomas Campus Expansion PHOENIX [July 25, 2023] – Phoenix Children’s, one of the nation’s fastest-growing pediatric health systems, today announced the construction of a new 44,000-square-foot neonatal intensive care unit (NICU), slated to open next year at Phoenix Children’s Hospital — Thomas Campus. The new space, […]
News Release: Rethink Healthcare Real Estate celebrates the opening of three properties in Jacksonville, Florida
Rethink partnered with Rendina Healthcare Real Estate on behalf of Intuitive Health and University of Florida Health System to deliver the properties. JACKSONVILLE, FL., and WHITE PLAINS, NY., July 25, 2023 – Rethink Healthcare Real Estate (“Rethink”), the White Plains and New York City based investment management firm (fka Seavest Healthcare Properties), announced the opening […]
News Release: Montecito Medical Acquires Specialized Medical Property in Tennessee
Montecito Medical Acquires Specialized Medical Property in Tennessee Montecito Medical, a leading acquirer of medical office properties nationwide, has partnered with Sable Investments to acquire a medical facility in Franklin, TN, that is home to one of the most advanced cancer treatment devices in the nation. The Tennessee Oncology Proton Center, which represents a total […]
News Release: Just Closed – CHM Stilson Specialty Center
Capital Markets | Healthcare & Life Sciences Just Closed Class A Outpatient Medical Building Anchored by Children’s Hospital of Michigan CBRE Transaction Highlights Date Closed: 7/19/2023 Size: 50,265 SF Occupancy: 86% CHM Stilson Specialty Center | Clinton Township, MI CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of CHM […]
News Release: H2C Leads Monetization Of 19-Property Blood Plasma Collection Facility Portfolio
H2C CLIENT TRANSACTIONS July 2023 NEW YORK — H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory firm, served as the exclusive advisor to Collection Center Property Company, LLC (“CCPC”) on the monetization of a 19-property portfolio of blood plasma collection centers located across 13 states (“Portfolio”). In a transaction led by H2C Executive Director Matthew […]
News Release: Meridian Names Julissa Tellez Buchwald as Vice President, Business Development
WALNUT CREEK, Calif. – Meridian, a full-service real estate developer and investor specializing in high-quality, brand-enhancing healthcare and life science developments, is pleased to announce the addition of Julissa Tellez Buchwald as Vice President of Business Development. “We are very excited to welcome Julissa Tellez Buchwald to the Meridian team,” said Meridian CEO Mike Conn. […]
News Release: E4H Environments for Health Architecture Welcomes John Koehler, Chief Operations Officer, to Boston Office
Koehler will strengthen E4H’s presence throughout the United States July 19, 2023 – Boston, MA – E4H Environments for Health Architecture, the top ranked architecture firm solely dedicated to healthcare and health science + technology facility design, is pleased to welcome John Koehler as Chief Operations Officer for the firm nationwide. John has a proven […]
News Release: Vitalis advised Woodside Health on their most recent acquisition in Humble, TX
Humble, TX (July 20, 2023) Vitalis advised Woodside Health on the acquisition of a 37,208-square-foot medical-retail building located at 9701 N Sam Houston Parkway in Humble, TX. Woodside purchased the asset for an undisclosed price from a private investor represented by Rycore Capital. The property is located in Park Lakes Landing shopping center near major […]
News Release: Diversified Healthcare Trust Announces Filing of Definitive Proxy Materials and Recommends Shareholders Vote “FOR” Merger with Office Properties Income Trust on the WHITE Proxy Card
Merger is the Best Available Opportunity for Long Term Value, Creating a Diversified REIT with a Quality Portfolio, Credit Tenant Base and Strong Growth Potential with an Immediate Dividend Schedules Special Meeting for Shareholders to Approve the Pending Merger for August 30, 2023 NEWTON, Mass., July 21, 2023–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today […]
News Release: Catalyst Acquires an Office Building in Great Falls, Montana for Conversion to Medical Office
PENSACOLA, FL, July 21, 2023 – Catalyst Healthcare Real Estate(Catalyst), a full-service healthcare real estate investment firm, announces the acquisition of a 49,000 square-foot office building in Great Falls, Montana which will be converted to house diverse specialty clinics for the Great Falls Clinic. “We are thrilled to expand our relationship with the Great Falls […]
News Release: Healthcare M&A Volume Jumps in Q2:23, According to Acquisition Data from LevinPro HC
Health care merger and acquisition activity increased nearly 10% in the second quarter of 2023, hitting 696 deals, according to new acquisition data from LevinPro HC. Activity in the second quarter was 8% higher than in the first quarter, when 646 transactions were announced. However, it is a drop of 7% compared with activity in […]
News Release: PHYSICIANS REALTY TRUST CELEBRATES 10 YEARS IN BUSINESS ON JULY 19, 2023
Company Release – 7/19/2023 A Decade of Excellence in Real Estate Investment, Growth, and Teamwork MILWAUKEE–(BUSINESS WIRE)— On July 19, 2023, Physicians Realty Trust (the “Company”) (NYSE: DOC) proudly marks a momentous milestone as it celebrates the 10th anniversary of its Initial Public Offering (IPO) on the New York Stock Exchange on July 19, 2013. […]
News Release: Montecito Medical Acquires Surgery Center Property in Upstate New York
NASHVILLE, Tenn., July 19, 2023–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a surgery center property in Halfmoon, New York. The 10,000 square-foot building is tenanted by Northway Surgery and Pain Management Center. The group’s physicians opted to retain 30% ownership in the property through Montecito’s Provider Real Estate Partnership […]
News Release: Cincinnati Children’s plans medical building in Eastgate
Site will feature surgery, specialty clinics, urgent care Tuesday, July 18, 2023 A rendering of Cincinnati Children’s Eastgate. The Cincinnati Children’s Eastgate medical building in Clermont County will be on Ivy Pointe Boulevard off Interstate 275 and Ohio 32. Cincinnati Children’s plans to construct a medical building that will include an outpatient surgery center, specialty […]