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 […]
News Release: Elliott Bay Acquires MOB in Kentucky
SEATTLE — A partnership between Elliott Bay Capital Trust (“Elliott Bay”), a real estate investment company focused on essential healthcare properties, and its partner Pantheon, a leading global private markets investor, today announced it has acquired a net leased medical outpatient property in Paintsville, KY. The property is leased to a leading health system providing […]
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: Echo Real Estate Capital, Inc. Acquires Two Indiana Properties for Autism Therapy Redevelopments
FOR IMMEDIATE RELEASE Chicago, IL (August 2024) – Echo Real Estate Capital, Inc. (“Echo”) announces it has separately acquired two vacant properties for redevelopment into single-tenant autism therapy clinics. The properties are 100% leased to UNIFI Autism Care – a leading provider of autism therapy services who seek to enhance the quality of life for […]
News Release: Healthcare Realty Trust Expands KKR Joint Venture
KKR JV approaching $500 million in value with new asset contributions August 26, 2024 16:15 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., Aug. 26, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced it has contributed $118 million of additional properties to its joint venture with KKR, generating approximately $94 million […]
