News Release: Recent Closing | CREG U.S. Healthcare Investment Sales Practice (Bradenton, Fla.)
Capital Real Estate Group’s – U.S. Healthcare Investment Sales practice is pleased to announce the sale of a two-building medical office portfolio located in Bradenton, Florida totaling 16,488 SF. The properties are 100% leased to Florida Digestive Health Specialists, one of the leading gastroenterology practices in Florida, comprised of forty-five (45) board certified gastroenterologists. FDHS […]
Companies & People: Making noise during a quiet time
Crown MedRealty’s Connor Childress discusses its recent purchases, strategy By John B. Mugford Kansas City, Mo.-based Crown MedRealty Partners certainly hit the ground running after its launch in 2021. In its first 12 months, the firm focused on acquiring medical office buildings (MOBs) of various sizes and in large and small markets throughout the country, […]
News Release: Montecito Medical Acquires Two Medical Buildings in Las Vegas
August 22, 2023 09:47 AM Eastern Daylight Time NASHVILLE–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two medical office buildings in Las Vegas, Nevada. The properties, which offer a total of 16,536 square feet, are fully occupied by Women’s Health Associates of Southern Nevada. “We are very pleased to build […]
News Release: Ventas Announces Three Proven High Performing Operators to Manage 26 Independent Living Communities in Attractive Markets to Drive Occupancy and Performance
Expansion of Successful Relationships with Operators Consistent with Ventas’s Right Market, Right Asset, Right OperatorTM Strategy August 22, 2023 08:36 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–In conjunction with previously scheduled investor meetings, Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today identified three proven senior housing operators who will take over management of 26 high-quality independent […]
News Release: Parkland Health Center (Farmington, Mo.) Groundbreaking Ceremony for New Medical Office Building
August 21, 2023 Parkland Health Center is excited to announce building plans for a new 30,000+ square-foot Medical Office Building to house the hospital’s primary care services. The Medical Office Building will occupy one portion of the recently acquired seven-acre property adjacent to the hospital. Construction of the new building is scheduled to begin on […]
News Release: Barrow Neurological Institute’s Innovative Laboratory Expands to Park Central
FOR IMMEDIATE RELEASE New 10,000-Square-Foot Facility Will Foster Collaboration with Creighton University, ASU and UA PHOENIX (August 22, 2023) – Barrow Neurological Institute is partnering with Plaza Companies and Holualoa Companies to develop an innovative new 10,000-square-foot dry laboratory at Park Central that will further establish Phoenix as a destination center for medical discovery. Investigative […]
News Release: TCC Signs First Tenant And Celebrates Topping Out At Science Square Labs In Atlanta
PRESS RELEASE Portal Innovations Leased 33,000 SF at Science Square Labs, Opening Q1 2024 Atlanta – August 21, 2023 – Trammell Crow Company (TCC), a global real estate developer, and partner Georgia Advanced Technology Ventures (GATV), an affiliate of the Georgia Institute of Technology, have topped out Science Square Labs, part of the first phase […]
News Release: Medical Properties Trust Updates Capital Allocation Strategy to Further Enhance Long-Term Value Creation
Adjusts Quarterly Dividend to Better Align with the Company’s Cash Flow Profile Following Asset Divestitures Announces Actions to Strengthen Balance Sheet and Accelerate Deleveraging BIRMINGHAM, Ala, Aug. 21, 2023 –(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that its Board of Directors has adopted an updated capital allocation strategy designed […]
News Release: OGA Breaks Ground on Imaging Clinic for Vanderbilt Imaging Services
6,000-square-foot facility will be located in Bellevue, offering specialty imaging Nashville, Tenn. (Aug. 17, 2023) – Oman-Gibson Associates (OGA), a full-service health care real estate firm based in Nashville, broke ground today on a new imaging clinic for Vanderbilt Imaging Services. The 6,000-square-foot facility will be located on a 0.55 acre site at 8124 Sawyer […]
News Release: Medical Properties Trust Sells $105 Million of Its Interest in Steward’s Syndicated Asset-backed Credit Facility
August 17, 2023 04:15 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has sold $105 million of its interest in Steward Health Care System’s (“Steward”) new syndicated asset-backed credit facility to a leading global asset manager with more than $100 billion in assets […]
News Release: Salas O’Brien Celebrates Grand Opening of Kaiser Permanente’s San Marcos Medical Center
Innovative electrical design leads to multiple sustainability firsts for new hospital IRVINE, Calif., Aug. 16, 2023 –(BUSINESS WIRE)–Engineering and technical services firm Salas O’Brien joins Kaiser Permanente in celebrating the grand opening of the new San Marcos Medical Center, bringing state-of-the-art care to California’s North County region patients. Under Salas O’Brien’s electrical engineering leadership, the […]
News Release: Cushman & Wakefield Advises Sale of Medical Office Building in San Jose, CA for $9 Million
For Immediate Release Mental health center, LGTC Group, acquires property in West Valley area SAN JOSE, Calif. – August 16, 2023 – Cushman & Wakefield announced the firm has advised the sale of a freestanding 17,200-square-foot medical office building located in San Jose, California. Located at 4850 Union Avenue in the region’s West Valley community, […]
News Release: Ancora L&G, One Year In: Providence, Rhode Island construction launches
Providence, RI, August 16, 2023—Ancora L&G, today announced the full launch of construction of a new life sciences building on a parcel of land at 150 Richmond Street, Providence, Rhode Island. Ancora L&G will develop a 210,000 sq. ft. building designed specifically to bring a diverse set of life- and health- science organizations into downtown […]
News Release: Kay Properties and Investments Announces a Debt-Free Medical Office Building Custom Delaware Statutory Trust Offering Has Gone Full-Cycle on Behalf of Investors, Delivering a 12.14% Total Annualized Return*
Kay Properties has created one of the largest 1031 exchange and real estate investment online marketplaces in the country. In 2021, Kay Properties completed $610 million of equity. NEWS PROVIDED BY Kay Properties and Investments 16 Aug, 2023, 08:21 ET The Raleigh, North Carolina Medical Office Building (MOB) DST successfully delivers uninterrupted distributions for Kay […]
Companies & People: Thomas Park is ready to keep investing
In a Q&A, Alex Kopicki, chief investment officer, discusses the firm’s growth, prospects By John B. Mugford Annapolis-based Thomas Park Investments (TPI) grabbed a headline in HREI last week, as the 2-1/2-year-old investment firm focused on healthcare real estate (HRE) facilities acquired a complex of two medical office buildings (MOBs) with a combined 124,213 square […]