News Release: SMH-Venice Celebrates Topping Out of New Patient Tower
SARASOTA, Fla. – (April 12, 2023) – Sarasota Memorial celebrated a major milestone in the construction of a new, 5-story patient tower on its Venice campus. The “topping out” ceremony, a longstanding tradition that signifies work has reached the maximum height and, typically, the half-way point of construction. When complete next year, the patient tower […]
News Release: Wellstar Health System and Augusta University Health System reach agreement for statewide health care partnership
NEWS PROVIDED BY Wellstar Health System Mar 31, 2023, 10:30 ET The new partnership will make a transformational impact on improving the health and well-being of Georgians through education, research and innovative patient care. MARIETTA, Ga. and AUGUSTA, Ga., March 31, 2023 /PRNewswire/ — Wellstar Health System and Augusta University Health System (AUHS) have reached an […]
News Release: Holladay Announces Hospital Lease with Select Medical
3/29/23 Sand Lake Select Medical Hospital Lease Orlando Florida Holladay Properties has announced that Select Medical has signed a long-term lease for its 72,000-square-foot property located at 7450 Sand Lake Commons Blvd in Orlando, FL. “Select Medical services patients with critical and complex healthcare needs. We are honored that our facility was chosen,” said Jeff […]
News Release: Updated Emergency Department Opens at ThedaCare Regional Medical Center-Neenah (Wis.)
March 17, 2023 Construction Continues on $100M Modernization The next major milestone in the $100M investment to modernize ThedaCare Regional Medical Center-Neenah has been reached as the new Emergency Department space opens. Since the groundbreaking in spring 2022, construction crews have been working on multiple areas of the transformation that supports ThedaCare’s mission to improve […]
News Release: BayCare Hospital Wesley Chapel and Robins & Morton Celebrate Grand Opening
Press Release 03.14.23 BayCare Wesley Chapel BayCare Hospital Wesley Chapel, construction firm Robins & Morton and the community recently celebrated the grand opening of the six-story, nearly 320,000-square-foot tower and medical office building. The new campus held an open house celebration on Feb. 18 that included hospital tours, wellness screenings, live music, entertainment, sample cuisine […]
News Release: Mount Carmel Health System Breaks Ground on New Hospital in Dublin (Ohio)
Mount Carmel Dublin will provide new emergency services, operating rooms, diagnostic suites, primary care, and other services to patients in northwest communities Columbus, Ohio – Mount Carmel Health System is proud to announce the groundbreaking of its newest hospital in Dublin, Ohio. The new hospital will be located near I-270, Sawmill Road, and Emerald Parkway, […]
News Release: Centra Announces Largest Modernization Plan in its History for Lynchburg Campus
Centra’s multi-year Modernization Plan will encompass the most significant facility improvements and capital investments in its history. Aligning with Centra’s long-term Strategic Plan, the 500-million-dollar investment will address different community needs based on findings from the 2021 Community Health Needs Assessment. The first phase of the Modernization Plan is a revitalization and expansion of the […]
News Release: Acadia Healthcare Breaks Ground on New Behavioral Health Hospital in Arizona
Inpatient Treatment Facility Will Be Named Agave Ridge Behavioral Hospital MESA, Ariz.–(BUSINESS WIRE)–Acadia Healthcare Company today held a groundbreaking ceremony marking the beginning of construction on the new hospital that the company is building to serve residents of Mesa, Arizona, and surrounding communities. Slated to open in early 2024, the 100-bed acute care behavioral health […]
News Release: MCLAREN ST. LUKE’S TO WIND DOWN OPERATIONS THIS SPRING
Hospital will discontinue operations and transition ownership of facilities, land and physical assets to Mercy Health MAUMEE, Ohio (March 3, 2023) – Following years of declining revenues and an unstable reimbursement environment, the McLaren St. Luke’s Board of Directors has made the difficult, but unanimous, decision to close the hospital and related outpatient services. The […]
News Release: Catalyst and PAM Health Celebrate the Completion of their First Inpatient Rehabilitation Hospital
PENSACOLA, FL – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, andBain Capital Real Estate, the real estate investing business of Bain Capital, celebrate the completion of PAM Health Rehabilitation Hospital of Georgetown. “We are proud to partner with PAM Health to deliver mission-critical healthcare infrastructure,” said Hon Wing Mak, a […]
News Release: OhioHealth Announces Transformation of OhioHealth Grant Medical Center
Improvements to central Ohio’s only downtown adult hospital will create a healthcare destination to serve the growing downtown community Columbus, OH, Feb. 27, 2023 —OhioHealth announced today plans to expand OhioHealth Grant Medical Center, solidifying its commitment to downtown Columbus with a significant investment that will improve and transform healthcare in the area. The project will include:-A new […]
News Release: Medical Properties Trust Announces Agreements for CommonSpirit Health to Acquire Steward’s Utah Operations and Lease MPT’s $1.2 Billion Utah Portfolio
February 15, 2023 04:32 PM Eastern Standard Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has agreed to lease its entire Utah hospital portfolio to Catholic Health Initiatives Colorado (“CHIC”), a wholly owned subsidiary of CommonSpirit Health (“CommonSpirit”), subsequent to CHIC’s pending acquisition of the Utah […]
News Release: Newmark Arranges $44 Million Financing for Acute Care and Specialty Hospital in Houston, Texas
New York, NY (February 6, 2023) — Newmark announces it has arranged a refinancing loan for a physician-owned hospital facility located in Houston, Texas. The facility is 100% leased to two tenants, including an independent surgical hospital operator and national inpatient rehabilitation facility. The refinancing totaled $44 million in proceeds on a non-recourse basis, reflecting […]
News Release: Rendina Healthcare Real Estate and Baptist Memorial Health Care Celebrate Grand Opening of First Freestanding Emergency Department in West Tennessee
JUPITER, Fla., Feb. 1, 2023 /PRNewswire/ — Officials from Rendina Healthcare Real Estate (“Rendina”) and Baptist Memorial Health Care (“Baptist”) assembled earlier this month to celebrate the grand opening of its new Baptist Arlington Emergency Department in Arlington, Tenn. The new 38,000-square-foot Freestanding Emergency Department (“FSED”) and Medical Office Building (“MOB”), located at 5150 Airline […]
News Release: Rethink Healthcare Real Estate expands portfolio of emergency hospitals in Dallas-Fort Worth metroplex
The 36,101 square foot acquisition is Rethink/Heitman venture’s seventh investment. DALLAS-FORT WORTH, TX., and WHITE PLAINS, NY., February 1, 2023 – Rethink Healthcare Real Estate (“Rethink”), the White Plains and New York City based investment management firm (fka Seavest Healthcare Properties), has announced its recent acquisition of the real estate leased to an emergency hospital. […]