News Release: New Medical Office Building at Key Bethlehem Intersection
St. Luke’s University Health Network has opened a seventh medical office building in the area of Eighth and Eaton avenues. The newest medical office building in the area is at 1530 Eighth Avenue and opened at the beginning of September. It houses four medical practices and is fully occupied. The 20,000-square-foot building had been office […]
News Release: Stonemont Financial Group Acquires Two Medical Centers in Metro Atlanta
Located in Cumming and Lawrenceville, the two medical office buildings are an extension of Stonemont’s national healthcare real estate platform ATLANTA (Sept. 3, 2024) – Stonemont Financial Group, a private real estate investment firm specializing in industrial development, healthcare real estate, and net lease investments announced today that it closed on the acquisition of two […]
News Release: Deeni Taylor Appointed New Chairman & CEO of Landmark
September 17, 2024 For immediate release. Landmark Healthcare Facilities LLC is proud to announce the appointment of D. Deeni Taylor as its new Chairman and Chief Executive Officer. Landmark is a national leader in the full-service development, ownership and management of the complete range of outpatient medical buildings. Prior to joining Landmark, Deeni Taylor served as […]
Feature Story: Optimism returns in the HRE sector as rate cuts loom
InterFace ‘State of the Industry’ panelists foresee investors, lenders coming back By John B. Mugford After a two-year slump in sales transactions and development activity, there is optimism in the air in the healthcare real estate (HRE) business, with some caveats – or at least one big one. That big caveat is, of course, the […]
News Release: Onicx Group Announces Acquisition of Lafayette Medical Building, First Asset in $50 Million Healthcare Real Estate Fund
LAFAYETTE, IN / ACCESSWIRE / September 17, 2024 / Onicx Group (Onicx) is proud to announce the acquisition of the Lafayette Medical Building, a 25,000-square-foot Class A medical outpatient building located in Lafayette, Indiana. This acquisition marks the first investment in Onicx’s newly established $50 million healthcare real estate fund. Built in 2021 and positioned […]
News Release: Global Medical REIT Announces Lease with CHRISTUS Health at its Facility in Beaumont, Texas
CHRISTUS Health Lease is a triple-net lease with a term of 15 years Former tenant, Steward Health Care, formally requested that its lease be rejected as of September 15, 2024, as part of its Chapter 11 bankruptcy proceedings September 17, 2024 08:00 AM Eastern Daylight Time BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the […]
News Release: Healthcare Realty Trust Announces Key Leadership Changes
September 16, 2024 16:15 ET Source: Healthcare Realty Trust Incorporated Increases leadership alignment with operational and capital allocation initiatives Reaffirms forward-looking guidance and expectations for 2024 NASHVILLE, Tenn., Sept. 16, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust today announced key leadership changes to extend the Company’s operational momentum and increase focus on execution, acceleration of […]
News Release: Ventas Reaches Agreements with Kindred and ScionHealth
September 16, 2024 11:09 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that it has entered into agreements (collectively, the “2024 Kindred Agreements”) with Kindred Healthcare, LLC (with its subsidiaries, “Kindred”) and its parent companies (“ScionHealth”), including regarding the 23 long term acute care hospitals whose lease term […]
News Release: Catalyst and Heitman Announce Major Expansion and Renovation of Ochsner Lafayette General Orthopedics & Sports Medicine Institute
September 16, 2024 PENSACOLA, FLA. – Catalyst Healthcare Real Estate (Catalyst), a healthcare real estate development and investment firm, and Heitman, a $50 Billion global real estate investment management firm, announced the beginning of a $19 million renovation and expansion project for Ochsner Lafayette General Orthopedics & Sports Medicine institute. “This building has been a […]
News Release: Simone Development Companies and Fareri Associates Join with Burke Rehabilitation to Celebrate Ribbon Cutting at Purchase Professional Park for Expansion of Burke’s Outpatient Therapy Facility
PURCHASE, NY — September 16, 2024 — Simone Development Companies and Fareri Associates joined with Burke Rehabilitation on September 12 at Purchase Professional Park to celebrate the ribbon cutting of its expanded Purchase/Fairfield Outpatient Therapy Site at 3020 Westchester Avenue. Elected, business, and clinical leaders from across Westchester and Fairfield counties gathered to tour the […]
News Release: Burke Rehabilitation Celebrates Expanded Purchase/Fairfield Outpatient Therapy Site
Elected officials, business leaders, and clinicians unite for a ribbon cutting marking the site’s expansion, welcoming patients from Westchester and Fairfield Counties White Plains, NY (September 12, 2024) – Burke Rehabilitation today celebrated the expansion of its Purchase/Fairfield outpatient therapy site with a ribbon cutting at their state-of-the-art facility. The newly expanded site will enhance […]
News Release: $150M refinancing secured for Boston-area life sciences building
JLL Capital Markets led the financing efforts for Bedford Labs, a newly converted, state-of-the-art facility in Bedford, Massachusetts BOSTON, Sept 9, 2024 – JLL Capital Markets announced today that it arranged a $150 million refinancing for Bedford Labs, a 288,000-square-foot, newly converted, Class A life sciences facility in Bedford, Massachusetts. JLL worked on behalf of the […]
News Release: MCB Science + Health Acquires Four-Story, 72,000 Square Foot Outpatient Medical Building in Naperville, Illinois For $28 Million
Chicago, IL (September 9, 2024) – MCB Science + Health has executed the acquisition of 1331 West 75th Street, a more than 72,000 square foot Outpatient Medical Building in Naperville, Illinois, for $28 million. Known as iMed Naperville Medical Office, the four-story asset was 96 percent leased and occupied at the time of the sale […]
News Release: Chicago-area medtail property trades for $18.75M
News release JLL Capital Markets led the sales efforts for Hawthorne Commons, anchored by Northwestern Medicine, in Vernon Hills, Illinois CHICAGO, Sept. 10, 2024 – JLL Capital Markets announced today that it has completed the $18.75 million sale of Hawthorne Commons, a 48,942-square-foot, Class A mixed-use/medtail property anchored by Northwestern Medicine in Vernon Hills, Illinois. […]
News Release: Eric Fischer Joins Catalyst Healthcare Real Estate as Chief Development Officer
PENSACOLA, FLA. – Catalyst Healthcare Real Estate (Catalyst), a healthcare real estate development and investment firm, is excited to welcome Eric Fischer as the new Chief Development Officer. Eric’s significant experience and development expertise will be key in accelerating Catalyst’s mission and driving innovation. “Eric brings great insight, knowledge, and guidance across all facets of […]