News Release: Berkadia Secures $29.9M in Financing for Four SeniorsHousing Communities in Three Different States
Richmond, VA and Scottsdale, AZ – January 6, 2025 – Berkadia, a leader in the commercial real estate industry, announced today the financing of four seniors housing communities totaling $29.9 million located in Mississippi, Florida, and Indiana, with all the deals closing since November 2024. In November 2024, Managing Director Steve Muth and Associate Director […]
News Release: Marcus & Millichap Facilitates $10.4 Million Sale of Medical Office Asset in Coral Gables
MIAMI, Jan. 2, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the $10.4 million sale of a net-leased medical office building occupied by DaVita Dialysis Center in Coral Gables, Florida. “This notable sale in the heart of Coral Gables […]
Thought Leaders: The State of Medical Real Estate — and How We’re Approaching It
A Note from Chip Conk: As we reach the end of 2024, our 18th year in medical real estate, we at Montecito are as excited as ever about the long-term prospects for our field. Significantly, we are also more excited about the short-term prospects in the coming year than we were at the end of […]
News Release: PMB and Abrazo Health celebrate the steel topping-out on the first combination medical building and inpatient rehabilitation facility in Goodyear, Arizona
The 46,000 square-foot healthcare space will provide a variety of outpatient medical services for the community as well as inpatient rehabilitation GOODYEAR, Ariz. and SAN DIEGO, Calif., December 12, 2024 – PMB, a leading healthcare real estate developer, joined Abrazo Health and local leaders to celebrate the steel topping-out marking the completion of the structural […]
News Release: Cypress West and TPG Angelo Gordon Joint Venture Acquires Renaissance Medical Center in Salt Lake City Metro Area
112,192-square-foot Facility North of Salt Lake City Anchored by Mountain West Surgical Center Rancho Santa Margarita, CA – (December 9, 2024) – Cypress West Partners (Cypress West), a healthcare real estate owner and operator based in Southern California, in joint venture with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, […]
News Release: Anchor Health Properties Marks Construction Commencement of a New 120-Bed, 127,942 Square Foot Nursing Facility in Shoreline, Washington through a Public-Private Partnership
FOR IMMEDIATE RELEASE December 2, 2024 (Shoreline, Washington) In support of the company’s mission to pursue better healthcare through real estate solutions, Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical outpatient buildings and specialty healthcare facilities, recently commenced construction on a new 3-story, 120-bed, […]
News Release: Fairfield Advisors announces sale of 3 Medical Office Buildings in Florida, Michigan, and Ohio
– $15,700,000 Sale – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of 3 Medical Office Buildings in Tampa, FL., Battle Creek, MI., and Akron, OH. The anchor tenants the buildings are some of the most preeminent health sysetms in their respective regions including […]
News Release: Medical Properties Trust, Inc. Reports Third Quarter Results
Operations of 17 Former Steward Hospitals Transitioned to Five New Operators Approximately $2.9 Billion of Year-to-Date Liquidity Transactions Completed BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the third quarter ended September 30, 2024, as well as certain events occurring subsequent to quarter end. […]
Feature Story: Hub-and-spoke model ‘on steroids’
Provider panelists at InterFace affirm that many systems are still looking to grow By John B. Mugford Although many rural hospitals and health systems are struggling, and some are closing, the larger systems in the larger markets are making sure to keep growing. They’re doing so by buying up some of those smaller systems, building […]
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: Heritage Global Partners to Conduct Two Major Online Auctions of Cue Health’s Assets
Unique Opportunity by Order of the US Bankruptcy Court (Case # 24-11096-CTG), Featuring Over 2,000 Auction Lots! August 12, 2024 02:00 PM Eastern Daylight Time SAN DIEGO–(BUSINESS WIRE)–Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, has been appointed by the Chapter […]
News Release: American Healthcare REIT (“AHR”) Announces Second Quarter 2024 Results; Increases Full Year 2024 Guidance
News provided by American Healthcare REIT, Inc. Aug 05, 2024, 16:15 ET IRVINE, Calif., Aug. 5, 2024 /PRNewswire/ — American Healthcare REIT, Inc. (the “Company,” “we,” “our,” “management,” or “us”) (NYSE: AHR) announced today its second quarter 2024 results and updated its full year 2024 guidance. Key Highlights: Reported GAAP net income attributable to common stockholders of $0.01 per diluted share […]
News Release: CBRE Expands Healthcare Advisory Practice in Denver with Senior Vice President Ken Brown
Denver – July 25, 2024 – CBRE announced that Ken Brown has joined its Denver office as a Senior Vice President with CBRE’s Advisory Services Healthcare practice. Mr. Brown will partner with Stuart Thomas and Chessa Pike. The team focuses exclusively on the healthcare sector with an emphasis on assisting mental and behavioral health companies […]
News Release: Emergent BioSolutions Announces Sale of Baltimore-Camden Manufacturing Site to Bora Pharmaceuticals for $30 Million
GAITHERSBURG, Md., June 20, 2024 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE: EBS) today announced that it has entered into a definitive agreement to sell its drug product facility in Baltimore-Camden to an affiliate of Bora Pharmaceuticals Co., Ltd. (“Bora”, TWSE: 6472), a leading international pharmaceutical services company, for a total value of approximately $30 […]
News Release: Legacy community sells in Downtown Stillwater on the shores of the St. Croix
JLL Capital Markets sold and secured financing for Rivertown Commons MINNEAPOLIS, June 19, 2024 – JLL Capital Markets announced today that it arranged the sale and financing, secured through Freddie Mac, for Rivertown Commons, a 96-unit (62+) senior living, Section 8 affordable housing building situated along the St. Croix River in the heart of historic downtown […]
