News Release: Catalyst and National Begin Construction on a Free-Standing Emergency Department in the Fort Wayne Community
PENSACOLA, FL, July 6, 2022 – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, and National Real Estate Advisors, LLC (National), an investment manager developing and managing large-scale real estate projects on behalf of its clients begin the construction of a 26,000 square-foot freestanding emergency department (FSED) in Fort Wayne, Indiana. […]
Companies & People: Big Sky is on track to make $1B of acquisitions in 2022
Firm led by Jason L. Signor made its latest purchase in Florida: two MOBs for $48 million DALLAS – News of acquisitions of medical office buildings (MOBs), and now life sciences facilities, keeps coming from Dallas-based Big Sky Medical Real Estate, the healthcare real estate (HRE) investment management firm formed last year by well-known industry […]
News Release: CareTrust REIT Participates in Senior Secured Real Estate Financing and Provides Mezzanine Loan
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has extended a $75 million “C” piece financing as part of a larger multi-tranche senior secured term loan and has extended a $25 million mezzanine loan to a private equity skilled nursing real estate owner in connection with the acquisition of an 18-property portfolio […]
News Release: Fairfield Advisors facilitated the $23,250,000 sale of the Cleveland Clinic Outpatient Center in Massillon, OH
Massillon, OH, July 5, 2022 — $23,250,000 Sale – Fairfield Advisors announced that it has facilitated the sale of the Cleveland Clinic Outpatient Center located at 7337 NW Caritas Circle in Massillon, OH. Fairfield represented the seller in the transaction. The building was built in 2011 and totals 54,600 square feet. Cleveland Clinic is the […]
News Release: Physician Real Estate Capital Advisors Announces $4.1 Million Sale-Leaseback of Orthopedic Facility
Investor Acquires Single-Tenant Medical Building in Merrillville, Indiana (July 5, 2022) MERRILLVILLE/CHICAGO – Physician Real Estate Capital Advisors (“PRECAP”) announces the $4.1 million sale-leaseback of the Bone & Joint Specialists orthopedic facility, located at 9001 Broadway in Merrillville, Indiana. PRECAP Managing Principal Scott Niedergang and JDS Real Estate Services, Inc. represented both the seller, a […]
News Release: Healthcare Trust Of America, Inc. Reports Record Leasing In The Second Quarter
Signs Most New Leases in Company’s History as Leased Rate Increases on a Sequential Basis Leading Proxy Advisory Firm ISS Recognizes the Inherent Value in the Transaction with HR SCOTTSDALE, Ariz., July 5, 2022 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) reported that during the second quarter the Company signed its highest […]
News Release: Longfellow Welcomes Jordan Betz as Newest Managing Director, Portfolio Leasing
Durham, NC (July 5, 2022) – Longfellow Real Estate Partners, the largest privately held investor and developer of life science buildings in the US, has announced the addition of Jordan Betz as Managing Director, Portfolio Leasing. As Managing Director, Portfolio Leasing, Jordan will execute the firm’s strategic business plans throughout its national and international portfolio […]
News Release: CareTrust REIT Announces Changes to the Board of Directors
July 01, 2022 09:02 AM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–The Board of Directors of CareTrust REIT, Inc. (NYSE:CTRE) today announced the resignation of Greg Stapley as Executive Chair of the Company’s Board of Directors. The Board also announced that Lead Independent Director Diana Laing was appointed to replace Mr. Stapley as Chair of […]
News Release: Transwestern Ventures Brings State-of-the-Art Biomanufacturing Campus to Vacaville, CA
Speculative Bay Area Project Will Deliver Up to 390,000 SF of Life Sciences Space VACAVILLE, Calif., June 30, 2022 (GLOBE NEWSWIRE) — Transwestern Ventures (TWV) and the City of Vacaville together announce plans to develop a 390,000-square-foot biomanufacturing campus on 22.4 acres in Vaca Valley Business Park, located at the interchange of I-80 and I-505 […]
News Release: Doheny Eye Institute Celebrates New Headquarters in Pasadena
Los Angeles (June 30, 2022) – Doheny Eye Institute, a top-ranked nonprofit organization proudly affiliated with UCLA Stein Eye Institute and dedicated to furthering the conservation, improvement, and restoration of human eyesight since 1947, was pleased to have hosted the grand opening of its new headquarters in Pasadena on June 23, 2022. The event welcomed […]
News Release: NexCore Group Hires Leah Chelist as Executive Vice President, People
Ms. Chelist joins the Denver-based real estate development and investment firm to align human capital and business strategy and to support overall company growth and employee retention DENVER (PRWEB) JUNE 30, 2022 — Denver-based NexCore Group, a national healthcare real estate (HRE) developer, today announced the addition of Leah Chelist to the team as Executive […]
News Release: 40th Street Medical Plaza sold to private equity fund
Medical office building is adjacent to the Abrazo Scottsdale campus PHOENIX, AZ, June 30, 2022 – A private equity fund has purchased 40th Street Medical Plaza, located at 16601 N. 40th Street in Phoenix. The two-story, three-building medical office development is well located adjacent to the Abrazo Scottsdale hospital campus. “This asset offered outstanding upside […]
News Release: Diversified Healthcare Trust Announces Sale of Additional 10% Equity Interest in Life Science Property Located in Boston Seaport District
DHC Receives Proceeds of Approximately $108 Million NEWTON, Mass., June 29, 2022–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has sold an additional 10% equity interest in the two building life science complex located at 11 Fan Pier and 50 Northern Avenue in Boston, MA. DHC sold the interest to an existing joint […]
News Release: Assisted living community near San Francisco trades for $39.2M
JLL Capital Markets led the sales efforts for Cortona Park on behalf of Northwestern Mutual SAN FRANCISCO, June 29, 2022 – JLL Capital Markets announced today that it has closed the $39.2 million sale of Cortona Park, an assisted living community in Brentwood, California. JLL represented the seller, Northwestern Mutual, in the sale of the […]
News Release: Cushman & Wakefield Expands Healthcare Project Management Services in Orange County
Experienced team of professionals led by Bill Eveloff joins, expands firm’s healthcare project management services offering throughout the West IRVINE, Calif., – June 29, 2022 – Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, announced the expansion of its current healthcare project management services offering in the West Region with the […]