News Release: Construction on $220M expansion project begins at AdventHealth Daytona Beach
Construction has officially begun at AdventHealth Daytona Beach on a multi-phased, $220 million project to add 104 inpatient beds, four new surgical suites, and more than 240,000 square feet to the facility. The construction includes vertical expansions on two existing towers at AdventHealth Daytona Beach: a four-story vertical expansion on one tower and a one-story […]
News Release: The Landing brings Class A life sciences lab, office space to Burlingame
Nestled on the San Francisco Peninsula, Burlingame, California, has long been recognized for its charming streets, high quality of life, active retail corridors, and centralized location near primary highways and transit centers. Now it’s drawing attention from national developers, like King Street Properties (“King Street”), as a pivotal hub for life science companies. King Street is a […]
News Release: AW Property Co. Announces New Hire and New Appointment
North Palm Beach, Florida, July 19, 2024 –AW Property Co., a real estate investment and operating company specializing in healthcare properties, is pleased to announce the hiring of Drew Hoffman as Chief Financial Officer. Mr. Hoffman serves o the firm’s Investment Committee and is primarily responsible for the strategic planning, managing and reporting on all […]
News Release: Equity secured for the development of Utah medical office building
JLL Capital Markets advised Fort Street Partners on the equity placement for the Eagle Mountain Medical Office Building Development in Eagle Mountain, Utah. SALT LAKE CITY, UT, July 18, 2024 – JLL Capital Markets announced today that it has arranged equity placement for the Eagle Mountain Medical Office Building Development (“Eagle MOB”), a 24,655-square-foot medical office […]
News Release: The St. Joe Company and Tallahassee Memorial HealthCare Announce Opening of the First Building at the FSU/TMH Medical Campus in Panama City Beach, Florida
PANAMA CITY BEACH, Fla.–(BUSINESS WIRE)–The St. Joe Company (NYSE: JOE) (“St. Joe”) and Tallahassee Memorial HealthCare (TMH) proudly announce the opening of the first building at the FSU/TMH Medical Campus in Panama City Beach, Florida. TMH Urgent Care and TMH Physician Partners – Primary Care opened to patients in the newly constructed medical office building […]
News Release: Newmark Arranges $300 Million Joint Venture with Catalyst Healthcare Real Estate and Heitman to Fund an MOB and IRF Development Pipeline
FOR IMMEDIATE RELEASE Philadelphia, PA (July 17, 2024) — Newmark announces it has arranged a strategic joint venture (the “Venture”) to fund a $300 million development pipeline of purpose-built healthcare properties. The venture is between Catalyst Healthcare Real Estate (“Catalyst”)–a leading healthcare real estate development and investment firm in the US, who has developed and […]
Transactions: New JV to fund $300 million of HRE developments
Newmark team arranges partnership of Catalyst and Heitman By John B. Mugford It’s being looked upon as almost a “dream team” of a partnership. HREI has learned that Catalyst Healthcare Real Estate, which has become one of the most active developers in healthcare real estate (HRE) in recent years, and Heitman, an investment management firm […]
News Release: North Liberty campus preview: Orthopedics and rehabilitation
New medical facility to offer full spectrum of musculoskeletal care When the new University the Iowa Health Care medical campus in North Liberty opens in the second quarter of 2025, it will serve as the new home for the Department of Orthopedics and Rehabilitation—providing a full range of musculoskeletal care in one location for a […]
News Release: Sold: Providence Health MOB | Portland, OR
CAPITAL REAL ESTATE GROUP CREG U.S. HEALTHCARE INVESTMENT SALES SOLD: PROVIDENCE HEALTH MOB I OR CREG I U.S. Healthcare Investment Sales team is delighted to announce the successful sale of Providence Health MOB, a premier, multi-tenant medical office building located in Portland, Oregon. This state-of-the-art, two-story building is anchored by Providence Health (Fitch Rating: A) […]
News Release: Japanese Medical Device Manufacturer Nipro Will Establish Presence in North Carolina with $397.8 Million Investment in Pitt County
Nipro Medical Corporation, a world leader in the healthcare and medical device industry, announced it will invest $397.8 million to build its first North American manufacturing center of excellence in Greenville, North Carolina, creating 232 jobs in Pitt County. Nipro Medical Corporation, a world leader in the healthcare and medical device industry, announced it will […]
News Release: Just Closed – Westover Hills MOB (San Antonio)
Capital Markets | Healthcare & Life Sciences Just Closed New Construction Medical Facility Connected to the Westover Hills Baptist Hospital (Moody’s: B1) CBRE Transaction Highlights Date Closed: 7/11/24 Size: 84,083 Occupancy: 89% Westover Hills MOB | 3011 W Loop 1604 N | San Antonio, TX 78251 CBRE U.S. Healthcare Capital Markets is pleased to announce […]
News Release: JLL arranges $28M sale and financing of Pacific Northwest seniors housing community
News release Van Mall Retirement is a 191-unit Independent / Assisted Living Community in Vancouver, Washington BOSTON, July 16, 2024 – JLL Capital Markets announced today that it has arranged the $28 million sale of Van Mall Retirement, a 191-unit senior living community located in the Portland, Oregon, suburb of Vancouver, Washington. JLL represented the […]
News Release: Woodside Health Announces Acquisition of 851 @ Rampart – Las Vegas MSA
CLEVELAND, OH (July 16, 2024) – Woodside Health is excited to announce its acquisition of 851 @ Rampart in Summerlin, Nevada. The 2-story medical office building has approximately 51,000 rentable square feet and is located at 851 S. Rampart Blvd. “We are bullish on the Las Vegas MSA and this transaction represents our third healthcare […]
News Release: Alliance Formed to Acquire Elanco Campus
JULY 15, 2024, GREENFIELD, IN. – Hancock County based, Pride Investment Partners, NineStar Connect, and Hancock Health are thrilled to announce a strategic alliance called HealthStar Partners. Under this newly formed partnership, the group has acquired the South 20.4 acres of the Elanco campus, including the five primary Elanco buildings located at I-70 and […]
