Outpatient Projects: Two projects, two strategies
NexCore is developing the MOBs in very different Michigan markets for Beaumont Health By John B. Mugford Dearborn, Mich.-based Beaumont Health, which operates eight hospitals and more than 145 locations, has two major, comprehensive outpatient projects under construction in Michigan that represent two very different ambulatory growth strategies. In growing Lenox Township, about 40 miles […]
News Release: Anchor Health Properties Commences Local Hybrid Provider-Based Emergency Department / Urgent Care Facility Development & Expansion Initiative
FOR IMMEDIATE RELEASE July 01, 2021 (Media, Pa.) – In collaboration with Intuitive Health (Intuitive), the pioneer of the combined ER and urgent care model, and HonorHealth, a non-profit healthcare system serving the greater Phoenix area with six acute-care hospitals, more than 70 primary and specialty care locations, a cancer care network, research, and community […]
News Release: Vibra Healthcare Announces Plans to Establish New Hospital in Palm Beach County, Florida
Over $32 million investment and 160 jobs planned MECHANICSBURG, Pa. and PALM BEACH COUNTY, Fla., July 1, 2021 – Vibra Healthcare (“Vibra”), a national specialty healthcare provider, plans to construct a freestanding specialty hospital in Palm Beach County, Florida. Vibra has selected a site in Bethesda Health City, Boynton Beach, for the development of the […]
News Release: New Era Partners / Florida IRF Announcement
WB Development Partners & New Era Companies Announce 1st Rehabilitation Hospital in Florida Nobis Rehabilitation Partners will manage the inpatient rehab hospital located in Orlando, Florida ORLANDO, FL, UNITED STATES, May 25, 2021 /EINPresswire.com/ — WB Development Partners and New Era Companies, two innovative companies partnering together in the healthcare development sector, are planning to […]
News Release: MedCraft Investment Partners Acquires Surgery Center
CINCINNATI, Ohio, June 30, 2021 — MedCraft Investment Partners continues to grow its medical office portfolio and recently closed on a surgery center in Cincinnati, Ohio. The acquisition is key to MedCraft’s mission of aligning with best-in-class physician groups and health care providers. We are targeting an additional $350 million in acquisition dollars over the […]
News Release: Davis to develop 44,000-square-foot medical office building in Maple Grove, Minn.
News Release The firm’s principals say the prime, central location on Highway 610 will benefit patients and tenants, including MNGI Digestive Health which will occupy the entire second floor MINNEAPOLIS, June 30, 2021 – When MNGI Digestive Health (formerly Minnesota Gastroenterology) wanted to expand into the northwestern area of the Twin Cities, it enlisted the […]
News Release: Montecito Medical Acquires Stony Point Medical Office Building, Home to the Prominent Stony Point Surgery Center in Richmond (Va.)
FOR IMMEDIATE RELEASE June 25, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of The Medarva Stony Point Medical Office Building, a multi-tenant medical office building, which includes an ambulatory surgery center (ASC) in an affluent suburban area of Richmond, Virginia. The two-story […]
News Release: MidCap Financial Closes First Mortgage Loan on a Five-Property Sonata Seniors Housing Portfolio
PRESS RELEASE BETHESDA, MD, June 29, 2021 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The $46,000,000 floating rate first mortgage loan facilitated the acquisition of a portfolio of five seniors housing […]
News Release: Just Closed – Jacobson Properties and Pyramid Brokerage of Binghamton Announce the Sale of West Taft Road Medical Center
June 24, 2021 — Lisa Menin of Jacobson Properties and Leo Jones of Pyramid Brokerage Company of Binghamton are pleased to announce the sale of West Taft Road Medical Center, a 42,374 square foot medical office building located in Liverpool (Syracuse MSA), New York. West Taft Road Medical Center was sold by West Taft Road […]
News Release: Ventas to Acquire New Senior Investment Group in All Equity $2.3 Billion Transaction
Positions Ventas to capture powerful senior housing upside at cyclical inflection point Adds high quality independent living portfolio in advantaged markets with positive supply demand fundamentals Builds on existing relationships with leading operators and deep experience in independent living Attractive valuation and accretive transaction June 28, 2021 09:02 AM Eastern Daylight Time CHICAGO & NEW […]
News Release: Newmark Completes $64 Million Sale of Medical Office Building Adjacent to Sutter Health in Northern California
FOR IMMEDIATE RELEASE San Francisco, CA (June 24, 2021) — Newmark Knight Frank (“Newmark”) announces it has arranged the $64.4 million sale of 1720 El Camino Real, a 106,018-square-foot medical office building located in Burlingame, California. Newmark’s Vice Chairman and Head of Northern California Capital Markets Steven Golubchik, alongside Senior Managing Director Seth McKinnon, Executive […]
News Release: Hunter Jones Joins Industry’s Largest Dedicated Healthcare Advisory Services Group
Medical Sector Veteran Enriches Transwestern’s Central Texas Healthcare Team (JUNE 23, 2021 – AUSTIN, TX) – Transwestern Real Estate Services (TRS) announces the expansion of its Healthcare Advisory Services team in Central Texas with the addition of Hunter Jones as Senior Vice President. Jones will support clients with site selection, lease negotiations and transaction management […]
News Release: Placement of Acquisition Financing – Copper Peak Medical Office Building (American Fork Utah)
JUST FINANCED COPPER PEAK MEDICAL OFFICE BUILDING Placement of Acquisition Financing CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the placement of acquisition financing for the post-closing financing of Copper Peak Medical Office Building. Sabrina Solomiany, Zack Holderman, and Cole Reethof acted as the exclusive advisors in arranging the financing. Copper […]
News Release: Scioto Properties Closes $20MM+ Real Estate Acquisition
NEWS PROVIDED BY Scioto Properties Jun 25, 2021, 12:46 ET COLUMBUS, Ohio, June 25, 2021 /PRNewswire/ — Scioto Properties, LLC, the largest U.S. provider of housing for people with disabilities, that also services the traumatic brain injury, behavioral health, substance abuse and adult day services markets, with sale-leasebacks and build-to-suits, announced Friday, June 18, 2021, the […]
News Release: RWJBarnabas Health and Rutgers Cancer Institute of New Jersey Break Ground on Jack & Sheryl Morris Cancer Center
For Immediate Release State’s first freestanding cancer hospital 2024 expected completion of $750 million project NEW BRUNSWICK, N.J., June 24, 2021 – Earlier today, RWJBarnabas Health and Rutgers Cancer Institute of New Jersey, the state’s only National Cancer Institute-designated Comprehensive Cancer Center, in partnership with the New Brunswick Development Corporation (DEVCO), broke ground on the state’s […]