News Release: Building a brighter future: Adena Health reveals construction plans for new Fayette County hospital
WASHINGTON COURT HOUSE, Ohio, Sept. 5, 2024 /PRNewswire/ — When the former Fayette County Memorial Hospital was welcomed into the Adena Health family in 2021, Adena President and CEO Jeff Graham expressed a desire to make a significant investment in the future of health care in Fayette County. The future, he promised at the time, included […]
News Release: First Citizens Bank Arranges $115 Million in Financing for Illinois Skilled Nursing Facilities
NEW YORK — Sept. 5, 2024 — First Citizens Bank today announced that its Healthcare Finance business served as lead arranger of $115 million in financing for the acquisition of eight skilled nursing facilities in Illinois. The borrower is a Midwest-based healthcare real estate investment and management company that invests in a variety of post-acute facilities, […]
News Release: Norton West Louisville Hospital announces opening day
Monday, Nov. 11, 2024 historic hospital in West Louisville will open doors to provide care for the community Norton Healthcare announced the opening day for the new Norton West Louisville Hospital as Monday, Nov. 11, 2024. The new hospital is located on the Norton Healthcare Goodwill Opportunity Campus at 850 S. 28th St.. The new […]
News Release: Building a brighter future: Adena Health reveals construction plans for new Fayette County hospital
WASHINGTON COURT HOUSE, OH (Sept. 5, 2024) – When the former Fayette County Memorial Hospital was welcomed into the Adena Health family in 2021, Adena President and CEO Jeff Graham expressed a desire to make a significant investment in the future of health care in Fayette County. The future, he promised at the time, included […]
News Release: Berkadia Negotiates 80-Unit Seniors Housing Sale in Palm Beach County, Florida
PALM BEACH COUNTY, FLORIDA – September 4, 2024 – Berkadia announced today the sale of an 80-unit assisted living and memory care community in Palm Beach County, Florida. Managing Director Brooks Minford of Berkadia Seniors Housing & Healthcare led the transaction on behalf of the seller, a Florida-based seniors housing and multifamily developer. The community […]
News Release: Atkins Companies Welcomes Autism Services Provider to Washington Medical Arts Building
Washington Township, N.J. (September 4, 2024) – Atkins Companies, a leading multigenerational commercial real estate development, investment and property management firm, announces that it has negotiated a 9,854-square-foot lease with ABA Centers of New Jersey at the Washington Medical Arts Building located at 405 Hurffville-Cross Keys Road in Washington Township, N.J. ABA Centers of New […]
News Release: Healthcare Realty Trust Expands Nuveen JV, Bringing Total Year-to-Date Proceeds to Approximately $700 Million Healthcare Realty
Healthcare Realty has added a new press release to its website: Healthcare Realty Trust Expands Nuveen JV, Bringing Total Year-to-Date Proceeds to Approximately $700 Million
News Release: Transwestern Names Steve Leathers Leader of Healthcare Capital Markets Advisory
(SEPT. 3, 2024 – HOUSTON) – Transwestern Real Estate Services (TRS) announces Steve Leathers has joined the firm as Senior Managing Director of Healthcare Capital Markets. In this newly created role, Leathers will apply more than 15 years of leadership experience in capital markets advisory, investment management, and principal acquisitions to maximize outcomes for healthcare […]
News Release: Dental Clinic Relocates to Former Burger King Site
Saint Paul, MN | Tuesday, September 3, 2024 Relocating from their current spot in a multi-tenant building at the cross section of West 7th St and Montreal Ave in St. Paul,Saint City Dental is staying close to their patient base with a new practice. Groundwork started on the development site for Saint City Dental at […]
Feature Story: Cap rates drop; portfolio sales, prices rise
New CBRE and Cushman reports provide insights into the state of the market By John B. Mugford Nearly everyone involved in medical outpatient building (MOB) sales seems to be looking for signs that the transactions market is picking up. They’re hopeful that we might soon see the end of a two-year slump that started with […]
News Release: Easterly Government Properties Completes Acquisition of VA – Jacksonville, the Final Acquisition of the 10 Properties in the VA Portfolio
WASHINGTON–(BUSINESS WIRE)–Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has, through its joint venture (“JV”), completed the acquisition of the previously announced 193,100 leased square foot outpatient facility […]
News Release: Just Closed: Dermatology ASC/MOB Portfolio | Birmingham-AL | Montgomery-AL
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a newly built state-of-the-art outpatient surgery center and clinic that is well-located in Vestavia, Alabama, an affluent suburb of Birmingham, and a medical office building in Montgomery, Alabama. Constructed in 2020, the Vestavia Hills MOB & ASC is 100% leased […]
News Release: CareTrust REIT Announces $62.1 Million Acquisition of Two Skilled Nursing Facilities in Separate Transactions; Pipeline Replenished
August 29, 2024 05:32 PM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of two skilled nursing facilities in separate transactions with a total investment amount of approximately $62.1 million. On August 29th, 2024, the company acquired a 125-licensed bed skilled nursing facility in the Mid-Atlantic. Separately, on August […]
News Release: Cushman & Wakefield Advises Sale of Newly Renovated 77,386 SF Medical Office Asset in Phoenix for $7.2 Million
For Immediate Release Multi-tenant medical office building adds to trend of growing investor activity PHOENIX, Ariz. – August 28, 2024 – Cushman & Wakefield announced the firm has advised the sale of a multi-tenant, two-story 77,386-square-foot building in Phoenix, Arizona. Located at 690 N Cofco Center Court, the medical office building commonly known as Gateway […]
News Release: $115M bridge financing secured for independent living portfolio
News release JLL Capital Markets has arranged the loan for Town Village Portfolio, a four-state portfolio of senior housing communities across the United States DUBLIN, O.H., Aug. 27, 2024 – JLL Capital Markets announced today that it has secured a $115 million bridge financing for Town Village Portfolio, a primarily independent living portfolio which consists of […]