News Release: Maine Medical Center Scheduled to Open Malone Family Tower on June 9, 2024
May 17, 2024 PORTLAND, Maine – Maine Medical Center (MMC) is scheduled to begin admitting patients to its new 300,000-square-foot Malone Family Tower located on Congress Street on June 9. The Malone Family Tower, which will primarily serve cardiac and cardiovascular patients, is the final piece of the medical center’s multi-year expansion and modernization project […]
News Release: Montecito Medical Acquires Two-Building Portfolio in Upstate New York
Nashville, Tenn. — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two medical office buildings in the Rochester, New York, area. The buildings, with a total of 41,700 square feet, are fully occupied by Unity Hospital, part of the Rochester Regional Health system. “We are thrilled to acquire this outstanding portfolio […]
News Release: Montecito acquires orthopedic medical office portfolio
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a three-building portfolio in Northern Utah. . The properties, which encompass a combined total of 48,527 square feet, are anchored by Alpine Orthopaedic Specialists and 100% occupied. The buildings are situated in Logan, North Logan, and Brigham City, Utah, respectively. The property in […]
News Release: Just Financed — 100% Leased to Duke University Health System (Fitch AA-)
Transaction Highlights Date Closed 4/30/2024 Size 60,192 RSF Duke Medical Plaza | Durham, NC CBRE U.S. Healthcare Capital Markets is pleased to announce the financing of Duke Medical Plaza (the “Property”) located in Durham, North Carolina adjacent to Research Triangle Park (‘RTP’). Zack Holderman and Jesse Greshin worked on behalf of the borrower to secure the […]
News Release: Construction underway on new HCA Florida Gainesville Hospital
HCA Florida Healthcare, the state’s leading network of hospitals and healthcare facilities, announced construction is now underway on the new $231 million HCA Florida Gainesville Hospital, the latest hospital planned as part of HCA Florida Healthcare’s expansion across the state. May 08, 2024 HCA Florida Healthcare, the state’s leading network of hospitals and healthcare facilities, […]
News Release: Now Open: Driscoll Children’s Hospital Rio Grande Valley
Driscoll Children’s Hospital Rio Grande Valley is officially open! The new hospital is prepared to provide acute pediatric specialty care 24 hours a day, seven days a week, 365 days a year. “Our team is excited and ready to serve this community. From this moment on, children in the Rio Grande Valley with complex medical […]
News Release: Just Closed: Class A, Outpatient Medical Building on the Campus of St. Anthony North Hospital
Transaction Highlights Date Closed 4/30/24 Size 75,605 SF Occupancy 93% Orchard Park Medical Center | 14190 Orchard Pkwy.Westminster, CO CBRE U.S. Healthcare Capital Markets is pleased to announce the closing of Orchard Park Medical Center (the “Property”), located on-campus of CommonSpirit’s St. Anthony North Hospital, located in Westminster, CO. CBRE’s Healthcare Capital Markets team partnered with […]
News Release: Rural Missouri Hospital Under Construction Thanks To American Lending Center Financing
May 01, 2024 02:03 PM Eastern Daylight Time IRVINE, Calif.–(BUSINESS WIRE)–A hospital in rural Missouri broke ground on April 4, 2024, thanks in part to American Lending Center and its emphasis on rural healthcare. Harrison County Community Hospital District in Bethany, Mo., launched the $75 million, two-year construction project this week. It will replace a […]
News Release: The Sanders Trust Breaks Ground on $44 Million Behavioral Health Hospital
Groundbreaking for 61,900- sq. ft. Facility in Youngstown, Ohio Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the recent groundbreaking for a new $44 million behavioral health hospital, Mercy Health Behavioral Hospital in Youngstown, Ohio. The Sanders Trust was selected as […]
News Release: UCSF Health Celebrates Launch of the Hospital of the Future
The $4.3 billion UCSF Health Helen Diller Hospital will expand access to some of the nation’s most complex care, in an iconic healing environment. More than 200 national, civic, business and academic leaders gathered at Parnassus Heights April 27 in a standing-room-only event to break ground on UCSF Health’s new hospital of the future. The […]
News Release: Major expansion plans unveiled for AdventHealth Daytona Beach
April 24, 2024 AdventHealth Daytona Beach announced today a multi-year, $220 million construction plan to add 104 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 vertical […]
News Release: Monday Properties Successfully Refinances 1812 North Moore and Shirlington Gateway for Combined $206M
Citi Provides Five-Year Fixed Rate CMBS Loans for Highly Amenitized Office Tower and Sought After Medical Office Building Monday Properties, a dynamic real estate investment firm and industry-leading developer, has secured refinancing for its Trophy office tower at 1812 N. Moore Street and state-of-the art medical office building, Shirlington Gateway. Citi Real Estate Funding, Inc. […]
News Release: NAI James E. Hanson Negotiates Sale of Partnership Interest of Englewood, N.J. Medical Office Building
Englewood, N.J – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has arranged the sale of a partnership interest of 180 North Dean Street, an 18,488-square-foot medical office building located in Englewood, N.J. NAI James E. Hanson’s Team Lizzack-Horning, comprised of Darren Lizzack, MSRE and Randy Horning, […]
News Release: Medical Properties Trust Sells Majority Interest in Utah Hospitals
Generates Approximately $1.1 Billion of Total Cash Proceeds to MPT Brings Total Liquidity Transactions Year-to-Date to $1.6 Billion, or 80% of MPT’s Initial FY 2024 Target BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has sold its interests in five Utah hospitals to a newly formed joint […]
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 […]