News Release: Montgomery County (Md.) Council Committee Meetings on June 17, 2024
For Immediate Release: Friday, June 14, 2024 Committees will begin to review the Great Seneca Master Plan, receive an update on Purple Line Construction, discuss the advance taking of a small parcel of land and a petition for abandonment, and review a supplemental appropriation for MCFRS The Transportation and Environment (TE) Committee will meet on […]
News Release: ESI Arranges the Sale of Henry County Healthcare Center in Tennessee
Paris, TN – Evans Senior Investments (ESI) has successfully arranged the sale of Henry County Healthcare Center in Paris, Tennessee. The transaction was executed on behalf of Henry County. Built in 2001, Henry County Healthcare Center offers 136 skilled nursing beds across 5 acres of land. At the time of marketing, the facility was only […]
News Release: Davis Healthcare Real Estate Opens Eagan Specialty Center
36,100-SF Medical Development is anchored by Midwest Surgery Center MINNEAPOLIS (June 13, 2024)—Davis has announced the formal opening of Eagan Specialty Center, a 36,100-square-foot Class A surgical facility at 2975 Holiday Court in Eagan, MN. The building is the new home of Midwest Surgery Center, which occupies 27,000 square feet. “This is the culmination of […]
News Release: Sila Realty Trust, Inc. Begins Trading on the New York Stock Exchange
Enters Public Markets as a Net Lease REIT Focused Solely on High-Quality Healthcare Properties June 13, 2024 04:15 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (NYSE: SILA) (“Sila”, the “Company”, “we” or “us”), a net lease real estate investment trust (“REIT”) with a strategic investment focus on the significant, growing, and resilient […]
News Release: NAI Horizon sells Chandler (Ariz.) Medical Center for $7.3M via competitive bid sale process
For Immediate Release PHOENIX, ARIZONA (June 13, 2024) – NAI Horizon facilitated the $7.3 million sale of Chandler Medical Center, a 22,591 SF multi-tenant medical office building located at 655 S. Dobson Road in Chandler, Arizona. The sale price fetched $323.14 per SF. NAI Horizon Executive Vice President Lane Neville, Senior Associate Cole Neville and […]
News Release: First Citizens Bank Provides Loan to Refinance Tacoma Senior Living Facility
NEW YORK, June 13, 2024 — First Citizens Bank today announced that its Healthcare Finance business provided a term loan to refinance GenCare Lifestyle Tacoma at Point Ruston, a 159-unit senior living facility in Tacoma, Washington. The borrower is a joint venture led by Harrison Street, one of the leading investment management firms exclusively focused […]
Life Sciences: Report explores the key role of employment
In general, it drives space demand, but it also affects the real estate in other ways By Murray W. Wolf As in most commercial real estate sectors, the prospects for the life sciences real estate (LSRE) space largely hinge on employment trends. In simple terms, more workers equals more space demand. But trends in the […]
News Release: Sila Realty Trust, Inc. to Commence Tender Offer for Up to $50 Million of Its Common Stock
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (“Sila” or “the Company”), a net lease real estate investment trust (“REIT”) with a strategic investment focus on the significant, growing, and resilient healthcare sector, today announced that in conjunction with its listing on the New York Stock Exchange (“NYSE”), Sila is commencing a modified “Dutch auction” tender offer […]
News Release: IRA Capital Acquires a 253-Unit Class-A Senior Living Community in the Seattle MSA
IRA Capital Continues its Senior Housing Portfolio Expansion with the Acquisition of Quail Park of Lynnwood Irvine, CA – June 12th, 2024 – IRA Capital (“IRA”), a leading private equity firm based in Irvine, California, is pleased to announce its recent acquisition of Quail Park of Lynnwood (“Quail Park”), a 253-unit, Class-A, senior housing property […]
News Release: Groundbreaking ceremony marks a major milestone in next phase of St. Luke’s Boise campus development
St. Luke’s celebrated a significant milestone with a groundbreaking ceremony for the Boise campus development project on Tuesday, June 11, which will construct a new north hospital tower and a medical office plaza on the north side of the current hospital. As part of St. Luke’s strategic vision in support of local communities, the project […]
News Release: Takeda Invests 230 Million US Dollars in Expanding Production Capacity for Plasma-Derived Therapies at Los Angeles Manufacturing Site
June 11, 2024 Increased Production Capacity Resulting from the Expansion will Help to Serve More Patients with Rare, Chronic and Genetic Diseases, such as Immunodeficiencies and Bleeding Disorders 125 New Long-Term Positions will be Created Supporting the Local Community, along with Many Others During the Construction Phase Repurposing an Existing Building and Utility Infrastructure Underlines […]
Feature Story: Providers’ latest challenge: How to meet rising demand
InterFace HRE Carolinas panelists discuss how their organizations are coping By John B. Mugford The outlook has improved for many healthcare providers recently as they have put the monumental impacts of the COVID-19 pandemic behind them and the shock of soaring interest rates and higher costs has waned a bit. But now they face a […]
News Release: CBRE Hires Alan Kirby as Leader of its Healthcare Services Group in Nashville
CBRE has hired Alan Kirby as Vice President and Leader of its Healthcare Services Group in Nashville. In this role, Mr. Kirby will focus on developing real estate strategies that align with CBRE’s top healthcare clients and representing landlords and tenants in the leasing of healthcare properties across the region. Mr. Kirby will partner with […]
News Release: Larken Associates Welcomes Center for Vein Restoration to Montgomery Professional Center in Skillman, N.J.
Skillman, N.J. (June 10, 2024) – Larken Associates, a regional leader in real estate building, development and management, announces it has negotiated a 3,082-square-foot medical office lease with Center for Vein Restoration (CVR) at Montgomery Professional Center located at Route 518 and Vreeland Drive in Skillman, N.J. Larken Associates was represented by Victor Kelly, Executive […]
News Release: ESI Linked Buyer and Tenant in Denver Skilled Nursing Transaction
Aurora, Colorado – Evans Senior Investments (ESI) has successfully arranged the sale of Summit Rehabilitation & Care Community, a 110-bed skilled nursing community in Aurora, Colorado. The transaction was completed on behalf of an independent owner-operator. Built in 1972 with a 2018 renovation, Summit Rehabilitation & Care Community offers a modernized approach to long-term care. […]