News Release: JLL Income Property Trust Acquires Chicago Area Medical Outpatient Facility
CHICAGO, April 3, 2025 /PRNewswire/ — JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today the acquisition of Naperville Medical Center, a high quality, newly converted single story medical outpatient building in the Chicago suburb of Naperville, […]
News Release: Berkadia Announces Sale of Five-Property Seniors Housing Portfolio
Detroit, Michigan – April 3, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of a portfolio of five independent living communities located throughout the Detroit metropolitan area. Berkadia Seniors Housing & Healthcare, led by Senior Director Brooks Minford, closed the 631-unit transaction on behalf of a local […]
News Release: McCarthy Building Companies, Inc. and HOK Break Ground on $145M Kedren Children’s Village
McCarthy Building Companies, Inc. (McCarthy) one of the largest and most diversified construction companies in America for over 160 years and HOK, a global architecture firm and leader in healthcare design, today announced the groundbreaking of Kedren Children’s Village for Kedren Community Health Center Inc. in the Watts neighborhood of Los Angeles. When complete, the […]
News Release: Continuum Advisors Closes Five-Property Senior Housing Portfolio Sale in Florida
Tampa-based team exceeds $1.4 billion in national distressed transactions, latest closing highlights firm’s specialty in executing complex deals that maximize value TAMPA, March 31, 2025 – Continuum Advisors (“Continuum”), a national senior housing investment sales and advisory firm based in Tampa, today announced the sale of a five-property senior living portfolio in Florida, with rental […]
News Release: HealthPartners opens new specialty center in Woodbury
WOODBURY, Minn. (April 2025) – HealthPartners Specialty Center Woodbury is now open. Kraus-Anderson (KA) provided construction management for the nearly 56,000-square-foot facility located off Interstate 94 and Radio Drive. KA’s history with HealthPartners dates back to 1974. The multilevel specialty center was designed with patients in mind and offers 13 medical specialties, including allergy and […]
Feature Story: An uptick in leasing might bode well
InterFace panelists see that as a positive sign for the MOB investment market By John B. Mugford Although many professionals involved in medical outpatient building (MOB) and healthcare real estate (HRE) facility sales have been saying that they foresee an increase in the sales volume in 2025, not all of the panelists taking part in […]
News Release: Novant Health breaks ground on Bluffton emergency department and medical office building
April 2, 2025 (Bluffton, S.C.) – Novant Health has officially broken ground on Novant Health Bluffton Emergency Department and Novant Health Bluffton Health Place, a new healthcare hub designed to expand access to high-quality medical care in the growing Bluffton community. Conveniently located off Buckwalter Parkway, the new facilities will provide residents with critical emergency […]
News Release: CareTrust REIT Announces $55 Million Acquisition of Two California Facilities in Separate Transactions
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of two facilities in separate transactions with a total investment amount of approximately $55 million. On April 1, 2025, the company acquired a skilled nursing and assisted living campus facility located in Los Alamitos, California. The campus includes a 150-bed skilled nursing facility and […]
News Release: San Diego trophy life sciences campus trades for $159.0M
JLL Capital Markets led the sales efforts for the three-building, recently renovated MUSE property in Torrey Pines SAN DIEGO, Apr. 1, 2025 – JLL Capital Markets announced today that it has completed the $159.0 million sale of MUSE, a three-building trophy life sciences campus totaling 186,000 square feet in San Diego, California. JLL represented the seller, Diversified Healthcare […]
News Release: $58M financing secured for Washington seniors housing community
JLL Capital Markets led the financing efforts for Quail Park of Lynnwood in Lynnwood, Washington SEATTLE, Apr. 1, 2025 – JLL Capital Markets announced today that it has arranged $58 million in financing for Quail Park of Lynnwood, a 253-unit seniors housing community in Lynnwood, Washington. Working on behalf of the borrower, IRA Capital, JLL […]
News Release: Just Closed: Orlando Health – FMC Portfolio
Colliers U.S. Healthcare Capital Markets is pleased to announce the successful closing of the Orlando Health – FMC Portfolio, a multi-specialty medical outpatient portfolio consisting of four buildings totaling 89,502-square-feet in the Tampa, FL MSA. Three of the four properties were purpose built for the Florida Medical Clinic (“FMC”) in 2021 and 2022 and the […]
News Release: Archer and REDA to Transform Newport Beach Building into State-of-the-Art Medical Outpatient Center
FOR IMMEDIATE RELEASE: NEWPORT BEACH, Calif. – A joint venture between Archer Property Partners (“Archer”) and Real Estate Development Associates (“REDA”) has acquired the 78,000-square-foot office building at 3300 Irvine Avenue, with plans to transform it into a state-of-the-art medical outpatient building (MOB). The partnership received unanimous approval from the Newport Beach Planning Commission in […]
News Release: Western Specialty Contractors Promotes Scott Haas to Region Manager
(St. Louis, MO, April 1, 2025) – Western Specialty Contractors has promoted Scott Haas to Region Manager. He previously served 10 years as Branch Manager of Western’s Springfield, IL Branch, specializing in façade and concrete restoration in Central Illinois. In his new role as Southeast Region 6 Manager, Haas is responsible for overseeing the short-and […]
News Release: Transwestern Investment Group acquires Copper Point medical property in Gilbert, Arizona
RX Health & Science Trust to Finalize Lease-Up and Stabilize Property (APRIL 1, 2025 – PHOENIX) –Transwestern Investment Group (TIG®) and its joint venture operating partner, RX Health & Science Trust (RXHST), announce the acquisition of Copper Point, a 93,262-square-foot medical outpatient facility located at 3530 South Val Vista Drive in Gilbert, Arizona. RXHST will […]
News Release: HCA Healthcare Names Monica Cintado as Senior Vice President of Development
Joseph A. Sowell to retire after more than 15 years of service NASHVILLE, Tenn.–(BUSINESS WIRE)–HCA Healthcare, Inc. (NYSE:HCA), one of the nation’s leading healthcare providers, today announced that Monica Cintado has been appointed as senior vice president of development, effective immediately. In this role, Cintado will lead HCA Healthcare’s enterprise development strategy, overseeing mergers, acquisitions, […]
