News Release: Berkadia Seniors Housing & Healthcare Secures $15.6M in Financing and Completes Sale on Long Island
Long Island, New York – October 2, 2024 – Berkadia announced today the financing and sale of a senior living community on Long Island in New York. Berkadia Seniors Housing & Healthcare provided both investment sales and mortgage banking advisory for a 196-unit independent living and assisted living community. The deal closed on September 27. […]
News Release: FTS Healthcare Real Estate Team Secures Financing For Florida Inpatient Rehabilitation Facility
NEW YORK — Fifth Third Securities, Inc.’s (“FTS”) healthcare-focused real estate investment banking team worked with The Sanders Trust to secure financing for its development of the ClearSky Rehabilitation Hospital of Lake City, in Lake City, Florida. The new hospital will provide specialized rehabilitative care to patients recovering from disabling injuries or illnesses such as […]
News Release: Iredell Health System Officially Purchases Davis Regional Psychiatric Hospital, Davis Regional Medical Center
Tuesday, October 1, 2024 Effective Oct. 1, 2024, Iredell Health System has officially purchased Davis Regional Psychiatric Hospital and Davis Regional Medical Center from subsidiaries of Community Health Systems, Inc. (NYSE: CYH). The building, located on the east side of Statesville, will now be known as the Iredell Davis campus. The psychiatric component of the […]
Feature Story: HRE investment is headed in the right direction
Colliers conference panelists say they think sales volume is increasing By John B. Mugford The medical outpatient building (MOB) transaction volume, as we all know, has been somewhat bleak for the past two years or so, taking a large dip from the big volume years leading up to the COVID-19 pandemic and, in the aftermath, […]
News Release: Simone Development Companies Welcomes New York-Presbyterian to Medical Office Building at 2510 Westchester Avenue in the Bronx
BRONX, NY (September 23, 2024) – Simone Development Companies announced that NewYork-Presbyterian, one of the nation’s most comprehensive, integrated academic healthcare systems, has signed a 10,189 square-foot long-term lease at Simone Development’s medical office property at 2510 Westchester Avenue in the Bronx. Simone Development was represented by in-house leasing and legal teams in direct negotiations […]
News Release: Cincinnati Children’s acquires office building in Cincinnati Innovation District to boost research
3090 Exploration Ave. to be new home for scientists focused on improving child health Monday, September 23, 2024 Cincinnati Children’s has acquired a recently constructed office building in the Cincinnati Innovation District, which will be home to over 200 current employees who focus on non-laboratory research. The health system will occupy the top two floors […]
News Release: $96.5M refinancing arranged for Arizona seniors housing portfolio
JLL Capital Markets led the financing efforts for the five community, 971-unit portfolio SEATTLE, Sept. 23, 2024 – JLL Capital Markets announced today that it has arranged a $96.5 million refinancing for a five-property seniors housing portfolio consisting of 971 units located in the Phoenix, Mesa, Sedona and Chandler metropolitan areas of Arizona. JLL worked […]
News Release: Blue Arch Capital, Lincoln Property Company, and LoanCore Capital Announce Strategic Partnership to Own and Operate Manhattan’s Premier Medical Office Building
Blue Arch Capital (“Blue Arch”), a real estate private equity firm, Lincoln Property Company (“Lincoln”), a global full-service real estate owner/operator, and LoanCore Capital (“LoanCore”), a real estate investment manager, today announced the formation of a strategic partnership for the ownership and operation of Park Sixty, a best-in-class, Class-A medical office building located at 110 […]
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: 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: 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: Onicx Group Announces Acquisition of Lafayette Medical Building, First Asset in $50 Million Healthcare Real Estate Fund
Lafayette, IN – September 13, 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 within a […]
News Release: $38.5M refinancing arranged for national outpatient medical portfolio
JLL Capital Markets led the refinancing efforts for Provider Real Estate Partners BOSTON, Sept. 11, 2024 – JLL Capital Markets announced today that it has arranged a $38.5 million refinancing for a six-property national medical portfolio totalling 160,060 square feet across five states. Working on behalf of Provider Real Estate Partners (“PREP”), JLL secured the three-year […]
News Release: HonorHealth to assume operations of multiple Steward Health Care facilities in Arizona
News and community Scottsdale, Ariz. (September 11, 2024) – HonorHealth, a leading healthcare system serving more than five million people in the greater Phoenix and Scottsdale areas, has agreed to assume operational control of several Arizona-based Steward Health Care facilities. Beginning today, HonorHealth will assume daily operations of the following Steward Health Care facilities: Mountain Vista […]
News Release: Scioto Properties Closes Record $80 MM Real Estate Portfolio Acquisition
COLUMBUS, Ohio, Sept. 10, 2024 /PRNewswire/ — Scioto Properties announces the acquisition of 277 properties across 17 states, marking the company’s largest transaction to date, totaling $80 million. This acquisition significantly expands Scioto’s national footprint and underscores its position as the nation’s largest real estate owner and lessor to residential care providers. By introducing new […]
