News Release: Diversified Healthcare Trust Announces Board and Leadership Updates and Actions to Address Near Term Capital Needs, Including Pending Debt Maturities
Phyllis Hollis Appointed Independent Trustee Matthew Brown Appointed CFO, Effective October 1, 2023 B. Riley Securities Engaged as Financial Advisor NEWTON, Mass., Sept. 26, 2023–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced changes to its Board of Trustees and executive leadership team, and other actions to address its near term capital needs, including DHC’s […]
News Release: First-of-its-Kind Net-Zero Carbon Life Sciences & Tech Facility Coming to Boulder, Colorado
Set to break ground in 2024, world-class Ridgeway Science & Tech will offer 112,423 SF of space of ideally located space fully equipped for innovation, collaboration and sustainability BOULDER, Colorado (Sept. 26, 2023) – Boulder-based real estate investment, management and development firm Conscience Bay Company(CBC) today announced it will move forward with a new world-class […]
News Release: Montecito Medical Acquires Urology Medical Building in Tucson, Arizona
NASHVILLE, Tenn., Sept. 26, 2023 –(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 14,000-medical office building in Tucson, Arizona. The property is fully occupied by Arizona Urology Specialists. “This is an outstanding asset that has the key attributes we seek as medical real estate buyers, and we are thrilled […]
Cover Story: 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 recently, 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 feet in Southboro, […]
News Release: The City of Woodbury and Inspira Health Announce Plans for the New Woodbury NJ Health and Education Innovation District
New plan will integrate health and economic development to improve quality of life and enrich neighborhoods WOODBURY, N.J., Sept. 25, 2023–(BUSINESS WIRE)–The City of Woodbury and Inspira Health are pleased to announce plans for the Woodbury Health and Education Innovation District. To be headquartered on the former Woodbury hospital campus, the Innovation District will seek […]
News Release: Anchor Health Properties Celebrates Groundbreaking of Tampa General Hospital’s New Behavioral Health Hospital
(Tampa, FL), Sept. 21, 2023 – Building upon the company’s proven track record of delivering dynamic, patient-centric healthcare facilities in the Tampa Bay area, Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management and investment company focused exclusively on medical facilities, recently celebrated the groundbreaking of a new four-story inpatient behavioral health hospital […]
News Release: RYAN COMPANIES COMPLETES PRAIRIECARE YOUTH AND YOUNG ADULT PSYCHIATRIC HOSPITAL EXPANSION AHEAD OF SCHEDULE
Early completion allows PrairieCare to accommodate the additional needs for hospital beds in September BROOKLYN PARK, Minn. (Sept. 21, 2023) – After breaking ground in August 2022, Ryan Companies US, Inc. – a national commercial real estate solutions provider – announces the completion of PrairieCare’s youth and young adult psychiatric inpatient hospital expansion. Finishing […]
News Release: H2C Executes $67M Bridge Loan for Senior Living Owner/Operator
NEW YORK — H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory and investment banking firm, served as the exclusive advisor to Quality Life Services (“QLS” or “Company”) in the execution of a bridge loan to refinance the debt associated with the Company’s portfolio of 10 skilled nursing and senior living facilities (the “Properties”). The effects […]
News Release: Confluent Senior Living and MorningStar Senior Living Enter into Exclusive Negotiating Agreement with the City of Tustin for a Class A Senior Living Community
FOR IMMEDIATE RELEASE September 20, 2023 283,000-Square-Foot Redevelopment Anticipated to Set Gold Standard for Senior Living in Orange County TUSTIN, Calif. – Confluent Senior Living and MorningStar Senior Living have entered into an Exclusive Negotiating Agreement (ENA) with the City of Tustin to lead the development of MorningStar at Tustin Legacy, an approximately 283,000-square-foot, large-scale […]
News Release: Plaza Companies, Ryan Companies Sell Prominent East Valley Medical Office Building
QUEEN CREEK, Arizona (September 20, 2023) — One of the East Valley’s newest and most successful medical office buildings is changing ownership. Plaza Companies and Ryan Companies have sold Ironwood Medical Pavilion on the Banner Ironwood Medical Center campus in Queen Creek to Hammes Partners in a $23.325 million transaction. Plaza Companies will remain a […]
News Release: $43.24M in financing secured for 86-unit assisted living and memory care community in California
JLL Capital Markets led financing efforts for Varenita of Westlake SEATTLE, Sept. 20, 2023– JLL Capital Markets announced today that it arranged $43.24 million in financing for Varenita of Westlake, an 86-unit assisted living and memory care community in Thousand Oaks, California. JLL represented the borrower, Westlake Senior Living, Center, LLC, to secure the five-year loan […]
News Release: Montecito Medical Acquires Medical Office Property in Milwaukee Area
NASHVILLE, Tenn., Sept. 20, 2023 –(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 12,600-square-foot medical office building in West Allis, Wisconsin. The Lincoln Avenue Health Center building is 100% leased to Medical College of Wisconsin, a market-dominant group in the Greater Milwaukee area. “We are delighted to acquire this […]
News Release: HealthPartners breaks ground on new specialty center in Woodbury
HealthPartners Specialty Center Woodbury will provide additional specialty care services to meet the changing health care needs of patients in Woodbury and surrounding communities WOODBURY, Minn., Sept. 20, 2023 – HealthPartners broke ground on a new specialty center in Woodbury on Tuesday, Sept. 19. The new facility will provide additional medical and surgical specialty care […]
News Release: Hammes Healthcare celebrates completion of Orlando Health Jewett Orthopedic Institute
Milwaukee, WI, September 20, 2023 – Hammes Healthcare, a leading provider of consulting and project delivery services, celebrated the completion of the Orlando Health Jewett Orthopedic Institute in downtown Orlando. The new complex, which is now open to patients, includes a 197,170-square-foot inpatient hospital with 75 beds and 10 operating rooms (ORs); a 64,900-square-foot ambulatory […]