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November/December 2021 PDF

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A reimagined Landmark Mall site anchored by a new Inova Alexandria Hospital campus.

News Release: Landmark Land Holdings Sells 11-Acre Site to City of Alexandria’s Industrial Development Agency

IDA signs 99-year lease with INOVA for new Alexandria hospital NEWS PROVIDED BY The Howard Hughes Corporation Nov 23, 2021, 08:41 ET POTOMAC, Md., Nov. 23, 2021 /PRNewswire/ — Landmark Land Holdings, LLC—a joint venture that includes Foulger-Pratt, The Howard Hughes Corporation® (NYSE: HHC) and Seritage Growth Properties (NYSE: SRG)—today announced the successful sale of an […]

Thought Leaders: Q3 2021 Net Lease Medical Report Released

Thought Leaders: Q3 2021 Net Lease Medical Report Released

The Net Lease Medical Report Q3 2021 Net Lease Medical Report Released The Boulder Group releases its 3rd Quarter 2021 Net Lease Medical Report. The report provides comprehensive numbers and analysis of the net lease medical property market. HIGHLIGHTS OF THE REPORT INCLUDE: Overall cap rate for net lease medical properties decreased by 55 basis points from the third quarter of […]

News Release: 2021 HREI Insights Awards Finalists announced

News Release: 2021 HREI Insights Awards Finalists announced

9th annual awards recognize excellence in HRE development and leadership MINNEAPOLIS – HREI is pleased to announce the finalists of the 2021 HREI Insights Awards, the first and only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership. The awards are presented by Minnetonka-based HREI, the nation’s first […]

News Release: Montecito Medical Acquires Medical Office Building in Arlington, Texas

News Release: Montecito Medical Acquires Medical Office Building in Arlington, Texas

FOR IMMEDIATE RELEASE November 3, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Park Place Medical Center property in Arlington, Texas. The building, which opened earlier in 2021, offers just over 12,500 rentable square feet of space and is 100% leased […]

Rendering of UCSF’s New Clinical Building in Mission Bay

News Release: Clark Breaks Ground on UCSF’s New Clinical Building in Mission Bay

Thu, September 23, 2021, 10:00 AM SAN FRANCISCO, Sept. 23, 2021 /PRNewswire/ — Clark Construction Group announced that it has broken ground on the University of California, San Francisco (UCSF)’s new clinical facility at its Mission Bay campus in San Francisco. The five-story clinical building will include an ambulatory surgery center with 14 operating rooms, […]

News Release: PMB breaks ground for 60,000 s.f. Emanate Health Medical Arts Building II and Parking Structure

News Release: PMB breaks ground for 60,000 s.f. Emanate Health Medical Arts Building II and Parking Structure

FOR IMMEDIATE RELEASE The facility will bring a comprehensive cancer center, an ambulatory surgery center and clinical space to the master-planned Emanate Health Queen of the Valley Hospital campus WEST COVINA and SAN DIEGO, Calif., Sept. 15, 2021 – San Diego-based healthcare real estate developer PMB has been selected to develop the 60,000-square-foot Emanate Health […]

News Release: Davis announces the sale of the fully occupied Dean Lakes Health building in Shakopee, Minn.

News Release: Davis announces the sale of the fully occupied Dean Lakes Health building in Shakopee, Minn.

The medical office building in the growing, affluent area is anchored by Allina Health and also houses Edina Eye Physicians & Surgeons and Caravel Autism MINNEAPOLIS and SHAKOPEE, Minn., Sept. 2, 2021 – Minneapolis-based Davis announced today that it advised the owner on the recent sale of the 19,124-square-foot Dean Lakes Health building in the […]

Companies & People: Five questions with Chris Lashmet and Eric Lee

Companies & People: Five questions with Chris Lashmet and Eric Lee

The pair is leading the new MOB arm of longtime seniors housing brokerage firm Blueprint By Erin E. Porter Chris Lashmet and Eric Lee had already cut their teeth in the healthcare real estate (HRE) sector at Chicago-based Ventas Inc. (NYSE: VTR), one of the largest and most sophisticated institutional HRE investors, when they made […]

Life Sciences: City Office REIT Announces Agreements to Sell Life Science Portfolio for $576 Million

Life Sciences: City Office REIT Announces Agreements to Sell Life Science Portfolio for $576 Million

NEWS PROVIDED BY City Office REIT, Inc. Aug 20, 2021, 16:42 ET VANCOUVER, Aug. 20, 2021 /PRNewswire/ — City Office REIT, Inc. (NYSE: CIO) (“City Office” or the “Company”) announced today that it has entered into definitive agreements to sell all of its holdings in the Sorrento Mesa submarket of San Diego for $576 million. The […]

News Release: PMB signs deal with Providence St. Joseph Hospital to develop new on-campus medical building in Orange, Calif.

News Release: PMB signs deal with Providence St. Joseph Hospital to develop new on-campus medical building in Orange, Calif.

FOR IMMEDIATE RELEASE Officials at the healthcare real estate firm to break ground on the 137,000-square-foot Helen Caloggero Women’s & Family Center on the Providence St. Joseph Hospital, Orange campus in September 2021 The new 137,000-square-foot, four-story Helen Caloggero Women’s & Family Center will be developed on the St. Joseph Hospital medical campus in Orange, […]

News Release: Ventas Reports 2021 Second Quarter Results

News Release: Ventas Reports 2021 Second Quarter Results

August 06, 2021 06:55 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the second quarter ended June 30, 2021. “Ventas delivered strong second quarter results driven by outstanding sequential occupancy improvement and organic net operating income growth in our Senior Housing Operating Portfolio (“SHOP”) segment, Office […]

News Release: Sabra Reports Second Quarter 2021 Results; Announces Intent to Exit Its Enlivant Joint Venture Investment; Provides Business Update and 2021 Guidance

News Release: Sabra Reports Second Quarter 2021 Results; Announces Intent to Exit Its Enlivant Joint Venture Investment; Provides Business Update and 2021 Guidance

August 04, 2021 04:05 PM Eastern Daylight Time IRVINE, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced results of operations for the second quarter of 2021. In addition, the Company announced its intention to exit from the Enlivant Joint Venture, provided a business update and provided guidance for […]

News Release: Hammes Company Healthcare celebrates opening of Beebe Healthcare’s South Coastal Cancer Center and Emergency Department

News Release: Hammes Company Healthcare celebrates opening of Beebe Healthcare’s South Coastal Cancer Center and Emergency Department

Hammes Company Healthcare, a leading provider of consulting and project delivery services, celebrated the opening of Beebe Healthcare’s new Cancer Center at its South Coastal Health Campus near Millville, Delaware. MILWAUKEE (PRWEB) JULY 15, 2020 Hammes Company Healthcare, a leading provider of consulting and project delivery services, celebrated the opening of Beebe Healthcare’s new Cancer […]

News Release: Woodside Health Announces Sale of the Pavlik Professional Center in Orlando, FL

News Release: Woodside Health Announces Sale of the Pavlik Professional Center in Orlando, FL

FOR IMMEDIATE RELEASE Woodside Health Announces Sale of the Pavlik Professional Center in Orlando, FL Cleveland, OH (June 18th, 2021) – Woodside Health is pleased to announce the sale of the Pavlik Professional Center, a 17,000 square foot medical office building in Orlando, FL. Woodside purchased the Orlando-area property in 2015. Anchored by a prominent […]