News Release: Urban Growth Capital Announces New Indianapolis – Chicago Commercial Real Estate Investment Partnership
New Partnership Acquires Shore Terrace Medical Center on Indy’s Northwest Side November 29, 2022 09:00 ET | Source: Urban Growth Capital INDIANAPOLIS, Nov. 29, 2022 (GLOBE NEWSWIRE) — A partnership between Indianapolis-based Urban Growth Capital, BrightPoint Real Estate and Chicago-based North Companies recently acquired the Shore Terrace Medical Center, a 42,627-square-foot Class A Medical Office […]
News Release: Woodside Health Announces Acquisition of Blake Park – Tampa/Sarasota Area
FOR IMMEDIATE RELEASE CLEVELAND, OH (November 18, 2022) – Woodside Health is excited to announce its acquisition of Blake Park, a six-building medical and office property located at 1802-1894 59th Street West and 5939-5959 17th Avenue West in Bradenton, FL, just south of Tampa and part of the Sarasota MSA. The buildings total 55,517 square […]
News Release: Easterly Government Properties completes acquisition of VA – Phoenix, the eighth of 10 properties in the VA Portfolio
WASHINGTON, D.C. – November 28, 2022 – 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 […]
News Release: CareTrust REIT Announces James Callister to Succeed Mark Lamb as Chief Investment Officer
November 28, 2022 08:00 AM Eastern Standard Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–The Board of Directors of CareTrust REIT, Inc. (NYSE:CTRE) announced today the appointment of James Callister as Chief Investment Officer, to be effective as of December 31, 2022. Mr. Callister will succeed Mark Lamb, who will be leaving the company after a transition period […]
News Release: Pipeline Health and Resilience Healthcare Reach Agreement for Sale of Two Chicago Hospitals
Pipeline Health System, LLC, has reached an agreement with Resilience Healthcare and Ramco Healthcare Holdings, LLC, to purchase Pipeline’s two Chicago hospitals, West Suburban Medical Center in Oak Park and Weiss Memorial Hospital in Chicago’s Uptown neighborhood. Pending approval of a motion submitted late Tuesday to the U.S. Bankruptcy Court for the Southern District of […]
Feature Story: Still ‘recession-resistant,’ but HRE could see some bumps
Inflation, higher interest rates and stressed providers challenge HRE By John B. Mugford Since the Great Recession of 2007-09, healthcare real estate (HRE) professionals have touted the strengths of the sector and the product type, going so far as to refer to medical facilities as “recession resistant.” Healthcare facilities performed comparatively well during that crisis, […]
News Release: Cushman & Wakefield’s Private Capital Group Advises Sale of Renovated Office/Medical Project in San Diego for $7.4 Million
For Immediate Release Crown Point Systems Inc. acquires Midway District asset and will occupy part of project SAN DIEGO, Calif. – November 22, 2022 – Cushman & Wakefield announced the firm has brokered the sale of a two-building office/medical project totaling 28,630 square feet in San Diego, California. Known as Loma Starr, the pair of […]
News Release: ERDMAN Partners with Aestique on New Ambulatory Surgical Center
Firm to build new surgery center facility in Greensburg, Pennsylvania Madison, Wis. (Nov. 21, 2022) – ERDMAN, a national leader in healthcare and senior living planning, design, construction, and real estate development, recently broke ground on Aestique’s new Ambulatory Surgical Center in Greensburg, Pennsylvania. Officials at Aestique engaged ERDMAN to plan, design, and deliver a […]
News Release: DONE DEAL – Hartford-Metro Hat Trick
Blueprint maintains position as leading advisor in New England through successful skilled nursing portfolio sale process Blueprint was selected to advise a joint venture owner on the strategic sale of a three-facility, 380-bed skilled nursing portfolio in central Connecticut Located northeast of the Hartford metro area, the facilities had historically maintained stable census levels with […]
News Release: $180,000,000 VA Raleigh
November 21, 2022 Fixed Rate Construction-to-Permanent Loan Set for 22-Year Term with VA’s Credit Tenant Lease; Marks Gantry’s Fifth Long-Term Loan Secured this Year for Real Estate Developer Specializing in Construction of New VA Facilities, with Nearly $500 million of Developments Funded in 2022 Raleigh, N.C. – Gantry, the largest independent commercial mortgage banking firm […]
News Release: Premier Health Constructing Medical Office Building in Xenia (Ohio)
Primary Care, OB/GYN, Laboratory Services Will Be Offered XENIA, Ohio (November 21, 2022) – A Premier Health medical office building under construction at 2066 W. Main St. in Xenia will house obstetrics and gynecology providers, primary care, and laboratory services when it opens in spring 2023. “This new, state-of-the-art medical office building will bring together […]
News Release: Hines Signs Sino Biological as a Tenant at Levit Green, a 53-acre Life Science District in Houston
NOVEMBER 21, 2022 (HOUSTON) – Hines, a global real estate investment, development, and property manager, in partnership with 2ML Real Estate Interests and Harrison Street, today announced a lease at Levit Green, the new 53-acre mixed-use life science district adjacent to the Texas Medical Center in Houston, Texas. Sino Biological, Inc., an international reagent supplier […]
News Release: Bare Dermatology Signs 11,500 SF Lease at Frisco Medical Pavilion II
Building to Officially Break Ground in Early 2023 (NOV. 21, 2022 – DALLAS) – Transwestern Real Estate Services (TRS) announces Bare Dermatology has signed an 11,500-square-foot lease at Frisco Medical Pavilion II, a planned 60,000-square-foot medical office building located at 12950 Dallas Parkway in Frisco, Texas. Bare Dermatology will occupy space on the third floor […]
News Release: BioMed Realty Appoints Ankit Patel as Executive Vice President and Chief Financial Officer
Mr. Patel brings strategic and financial leadership through strengths in financial planning and analysis, capital markets, and mergers and acquisitions in the healthcare real estate sector. November 21, 2022 08:00 AM Eastern Standard Time SAN DIEGO–(BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, announced today that […]
News Release: CBRE Completes 100,000 SF Lease at The Loop at Harbor Bay in Alameda
Oakland, CA November 18, 2022 CBRE announced the lease of 1410 Harbor Bay Parkway in Alameda, a 100,000 sq. ft. life science building at The Loop in Alameda, CA., to one of the Bay Area’s top publicly-traded biotech firms. The newly leased building is the largest of the six-building business park totaling approximately 332,000 sq. […]