News Release: Highwoods Announces Recent Disposition Activity
FOR IMMEDIATE RELEASE Sells $79.4M of Non-Core Assets RALEIGH, NC – April 4, 2024 – Highwoods Properties, Inc. (NYSE:HIW) has sold in a series of transactions non-core properties in Raleigh for combined gross proceeds of $79.4 million. Gross proceeds from dispositions closed in the first quarter of 2024 totaled $16.9 million with the remainder closing […]
News Release: Medical Properties Trust Completes $350 Million Sale of Facilities to Prime Healthcare
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it completed its previously announced sale of five facilities in California and New Jersey to Prime Healthcare (“Prime”) for aggregate consideration of $350 million. The total consideration consists of $250 million paid in immediate cash and a $100 million interest-bearing […]
News Release: Sila Realty Trust, Inc. to Pursue a Listing on the New York Stock Exchange
April 08, 2024 09:03 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company” or “Sila”), a net lease real estate investment trust (“REIT”) with a strategic focus on investing in the significant, growing, and resilient healthcare sector of the U.S. economy, is pleased to announce that management and the Board of Directors […]
News Release: HREA Continues Its Growth: Meet Our Newest Member in Denver, CO
HREA | Healthcare Real Estate Advisors is pleased to announce that Joe Karnes has joined the company as a Senior Associate in its Denver office. In this role, Joe will support existing engagements and source new client opportunities. Before joining HREA, Joe was a business development associate with one of the top national institutional healthcare […]
News Release: JLL Capital Markets arranged the sale and financing for an eight-building medical property portfolio in Raleigh, North Carolina
JLL Capital Markets represented Highwoods in the sale of the non-core assets April 05, 2024 CAROLINAS, Apr. 5, 2024 – JLL Capital Markets announced today that it arranged the sale of eight buildings totaling 338,000 square feet across from UNC-REX Hospital in the West Raleigh submarket to two separate buyers. One buyer purchased seven of the […]
News Release: Gov. Kemp: Life Sciences Manufacturer Meissner to Create 1,700 Jobs in Athens-Clarke County
Atlanta, GA – Governor Brian P. Kemp today announced that Meissner Corporation, an industry leader in advanced microfiltration and therapeutic manufacturing systems, will invest nearly $250 million in a new facility in Athens-Clarke County. The project will create more than 1,700 jobs over the next eight years. “As the No. 1 state for business, Georgia remains […]
News Release: Cambridge Savings Bank Supports the Expansion of Fair Haven Community Health Care with Loans Totaling Over $26 Million
Financing will support development of a comprehensive health clinic set to serve an additional 20,000 patients, increasing Fair Haven CHC’s capacity by 45 percent April 04, 2024 10:08 AM Eastern Daylight Time CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that […]
News Release: Montecito Continues Fast Pace in Q1 Medical Office Acquisitions with 11 MOB Deals
April 04, 2024 08:00 AM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, continued its fast pace during the first quarter of 2024. Some of the company’s latest acquisitions included properties tenanted by market-leading providers ranging from the Mountain West to the eastern seaboard: Springfield Clinic / Peoria, […]
News Release: LTC Originates $12.7 Million Loan for Purchase of Skilled Nursing/Assisted Living Campus
WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)—LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it has originated a $12.7 million senior loan to Ignite Medical Resorts (“Ignite”), a current LTC operator, for the purchase of a skilled nursing and […]
News Release: Broadstone Net Lease Provides First Quarter 2024 Business Update
Press Release Company Release – 4/3/2024 4:10 PM ET VICTOR, N.Y.–(BUSINESS WIRE)– Broadstone Net Lease, Inc. (NYSE: BNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today provided a business update for the quarter ended March 31, 2024. Additionally, the Company announced that it will be participating in the Morgan Stanley Triple Net REIT Day […]
News Release: Woodside Health Announces Sale of Medical Office Park
CLEVELAND, OH (April 3, 2024) – Woodside Health, an Ohio based private equity firm specializing in healthcare real estate, has completed the sale of a large medical office park located in the Cleveland MSA. The 218,000 square foot portfolio consists of 19 buildings across three submarkets. Tenants include hospital systems plus a number of high […]
News Release: BayCare Reveals Plans for New Hospital in Manatee County
Hospital will be county’s first not-for-profit hospital and only one north of Manatee River CLEARWATER, Fla., April 3, 2024 /PRNewswire/ — BayCare Health System announced construction plans today for its newest hospital, a comprehensive acute care facility to serve the rapidly growing community of Manatee County. BayCare Hospital Manatee will be the county’s first not-for-profit […]
News Release: Kristen Ahrens joins Blueprint Healthcare Real Estate Advisors (“Blueprint”) as Senior Managing Director, Capital Markets
CHICAGO, April 3, 2024 /PRNewswire/ — Blueprint, a leading advisory firm in the healthcare real estate sector, is pleased to announce the appointment of Kristen Ahrens to Senior Managing Director, Capital Markets. Ms. Ahrens’ extensive experience in healthcare real estate finance will be instrumental in driving Blueprint’s strategic initiative of sourcing debt for its clients. […]
News Release: $65M in financing arranged for a six-building office and retail campus in West Los Angeles
JLL Capital Markets secured a $65 million loan for Wateridge LOS ANGELES, Apr. 2, 2024 – JLL Capital Markets announced today that it arranged $65 million in refinancing for Wateridge, a six-building, office and retail campus totaling 583,580 square feet in West Los Angeles, California. JLL worked on behalf of the borrower, LPC Realty Advisors I, […]
News Release: Diversified Healthcare Trust Provides Monthly SHOP Performance Update
NEWTON, Mass.–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today provided an update regarding the recent performance of its Senior Housing Operating Portfolio, or SHOP, segment. Monthly Unaudited Results in DHC’s Total SHOP Properties: February 2024 occupancy was 78.9%, a decrease of 10 basis points from January 2024, and 190 basis points higher than February 2023. February […]
