News Release: Ventas Announces Plans to Take Ownership of Full Collateral Pool Supporting its $486 Million Santerre Mezzanine Loan
March 31, 2023 08:30 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that it intends to take ownership of the collateral that supports its approximately $486 million cash-pay mezzanine loan to Santerre Health Investors (the “Santerre Mezzanine Loan”). The Santerre Mezzanine Loan is secured by equity interests in […]
News Release: Medical Properties Trust Files Lawsuit Against Short-Seller Viceroy Research and Its Members, Sends Letter to Shareholders
Viceroy’s Numerous Defamatory, False and Misleading Claims Have Caused Serious Harm to MPT and its Investors Shareholder Letter Corrects Record Regarding Short-Selling Firm’s Baseless Allegations March 30, 2023 06:04 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today filed a lawsuit in federal court against Viceroy Research […]
News Release: First Citizens Bank Provides $44.2 Million for Medical Office Building Portfolio
NEW YORK — March 30, 2023 — First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, has provided $44.2 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties. The portfolio consists of three medical office building properties […]
News Release: Medical Properties Trust Announces Agreement to Sell Healthscope Portfolio
Cash Proceeds of Approximately AUD$1.2 Billion to Fully Prepay Term Loan Maturing in 2024 Investor Appetite for Hospitals Remains Strong BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has entered into a definitive agreement to sell its Australian real estate investments operated by Healthscope to affiliates […]
News Release: Gyrodyne announces Cortlandt Manor approval of medical oriented zoning district
NEWS PROVIDED BY Gyrodyne, LLC Mar 29, 2023, 15:21 ET Company Receives MOD Designation for Mixed-Use 154,000 Square foot Property, Paving the Way for Increased Value Creation ST. JAMES, N.Y., March 29, 2023 /PRNewswire/ — Gyrodyne, LLC (NASDAQ: GYRO), an owner and manager of a diversified portfolio of real estate properties, announced that, on March […]
News Release: Atkins Companies Acquires Healthcare and Wellness Building to Expand its Presence in Southern New Jersey
Washington Township, N.J. (March 29, 2023) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, announces the acquisition of the Washington Medical Arts Building, a 70,000±-square-foot medical office building located at 405 Hurffville Cross Keys Road in Washington Township, N.J. Located in the heart of Gloucester County, the Washington […]
News Release: Research Park at Florida Atlantic University® Welcomes Renowned Regenerative Cell Therapy Expert
NEWS PROVIDED BY Research Park at FAU March 29, 2023, 13:00 GMT Joseph Purita, M.D., to Locate Innovative Practice in the Research Park and Serve as a Member of FAU Health Network BOCA RATON, FLORIDA, UNITED STATES, March 29, 2023/EINPresswire.com/ — The Research Park at Florida Atlantic University® is proud to welcome PUR-FORM, a cutting-edge […]
News Release: Avison Young arranges the sale of medical office building in Washington Township, NJ
MARCH 28, 2023 The 70,140-sf building sold for approximately $14 million Morristown, NJ –Avison Young has arranged the sale of a medical office building at 405 Hurffville Cross Keys Road in Washington Township, NJ on behalf of Gordon MAB Associates to Atkins Companies for approximately $14 million. The two-story, 70,140-square-foot (sf) building sits directly across […]
News Release: Reunion Rehabilitation Hospital Arlington Announces Grand Opening
The new state-of-the-art inpatient rehabilitation hospital has opened its doors to the Arlington community. March 28, 2023 10:50 ET | Source: Reunion Rehabilitation Hospital ARLINGTON, Texas, March 28, 2023 (GLOBE NEWSWIRE) — Today, Reunion Rehabilitation Hospitals, a state-of-the-art system of inpatient rehabilitation hospitals, announced the grand opening of its Arlington location. At Reunion, rehabilitation specialists […]
News Release: Physicians Realty Trust Earns 2023 ENERGY STAR Partner of the Year Award
MILWAUKEE–(BUSINESS WIRE)–Physicians Realty Trust (NYSE: DOC) (the “Company”) earned a 2023 ENERGY STAR®Partner of the Year Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE). “We are honored to receive the ENERGY STAR Partner of the Year award for the second time in three years,” said John T. Thomas, […]
News Release: Montecito Medical Acquires Medical Office Building in Columbia, SC
Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a large medical office property in Columbia, South Carolina. The 119,945 square-foot building is home to South Carolina Oncology Associates, the dominant provider in the Columbia area. “We are very pleased to acquire this exceptional medical real estate asset and to […]
News Release: Hilco Real Estate Announces The Sale Of Turnkey, Freestanding Medical Office Building In Mount Pleasant, Wisconsin
NEWS PROVIDED BY Hilco Real Estate Mar 27, 2023, 09:00 ET NORTHBROOK, Ill., March 27, 2023 /PRNewswire/ — Hilco Real Estate, LLC (HRE) announces the successful sale of this 10,000± SF medical office building for twice the court-approved minimum bid. Hilco Real Estate represented Wis. Stats. Chapter 128 Receiver, Michael S. Polsky, Esq., in the sale […]
Cover Story: Carving out its place in the market
MedCraft Investment Partners has been laying low during a difficult year in the MOB space, but after bolstering the firm, it is ready to invest up to $800 million during the next three years By John B. Mugford Although MedCraft and its predecessor company have been active in the healthcare real estate (HRE) market for […]
News Release: Jacobson Properties Announces Sale Of St. Peter’s Health Partners Medical Office Building
March 24, 2023 (Albany, New York) Lisa Menin of Jacobson Properties is pleased to announce the sale of the St. Peter’s Health Partners Medical Office Building, a 17,380 SF square foot Class A medical office building located at 1444 Western Avenue in Albany. The St. Peter’s Health Partners Medical Office Building was sold by 4 […]
News Release: Anchor Health Properties Enters Another US Top 50 MSA with Nearly 40,000 Square Foot Class A MOB Acquisition
Columbus, Ohio, Mar. 23, 2023 — Marking the Company’s entry into another Top 50 MSA in the United States, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently closed on a two story, 38,327 square foot Class A medical office building in the […]