News Release: PMB & UChicago Medicine break ground on $121 million multispecialty care facility in Crown Point, Indiana
This new 130,000 SF multispecialty care center and micro-hospital in Northwest Indiana will be the largest off-site facility for the academic health system. CROWN POINT, Ind., Aug. 10, 2022 /PRNewswire/ — PMB along with The University of Chicago Medicine broke ground on a new two-story, 130,000-square-foot multispecialty care center and micro-hospital in Northwest Indiana for […]
News Release: H2C Advises Jupiter Medical Center on $152 Million Tax-Exempt Bond Issue
July 20, 2022 — On Thursday, June 23, Jupiter Medical Center (“JMC”), rated BBB- with a positive outlook/BBB stable by Standard & Poor’s and Fitch Ratings, respectively, priced approximately $152 million, tax-exempt fixed rate bonds (the “Series 2022A Bonds” or the “Bonds”). Proceeds from the Series 2022A Bonds will fund a portion of a number […]
News Release: Transitional care facility southwest of Dallas sells
JLL Capital Markets led the sales effort for Methodist Transitional Care Center, a 100-bed, long-term care facility DALLAS, July 13, 2022 – JLL Capital Markets announced today that it has closed the sale of Methodist Transitional Care Center, a 100-bed, 66-unit, transitional care facility in the Dallas suburb of DeSoto, Texas. JLL represented the seller, […]
News Release: Hicks Ventures Announces Groundbreaking Of $28 Million Inpatient Rehabilitation Facility In Wausau, Wisconsin
Houston, TX (July 7, 2022) — Hicks Ventures, a Houston-based, privately held development company, has broken ground on its 42-bed, 53,000 square-foot, two-story Inpatient Rehabilitation Facility in Wausau, Wisconsin. In addition to first class rehabilitation services, the facility will also include an inpatient dialysis suite. The $28 million development will be the first project in […]
News Release: MedCraft Investment Partners Acquires 21,500 SF MOB in Richmond, MI
Expanding our investments in metropolitan Detroit Minneapolis, Minn. – July 7, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the Health Center located at 67267 Main Street in Richmond, Michigan. The 21,500 SF MOB was built in 2017 on a 5.5 acre parcel conveniently located in the […]
News Release: Orlando Health Announces Plans for Regional Neuroscience Institute
Orlando, FL (July 6, 2022) – Orlando Health has announced plans to build a state-of-the-art neurosciences institute that will serve patients throughout the southeastern United States. The three-story, 45,000-square-foot medical office building will be the new home of Orlando Health neuroscience service lines including neurosurgery, neurology, neurodiagnostics, interventional pain, and the Orlando Health Neuroscience Institute […]
News Release: Montecito Medical Acquires Another Medical Office Property in Las Vegas
Multi-tenant building expands company’s market presence NASHVILLE, Tenn. and LAS VEGAS, Nev., June 23, 2022 –Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a 32,000+ square-foot medical office building in Las Vegas, Nevada. Las Vegas Urology serves as anchor tenant for the property, which also is […]
News Release: MedCraft Investment Partners Acquires 15,800 SF Surgical Center in Champaign, IL
Investing in physicians to recapitalize and position for growth Minneapolis, Minn. – June 23, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the Olympian Surgical Suites located at 1002 Interstate Drive in Champaign, Illinois. The 15,800 SF surgery center was built in 2009 on a 3.5 acre […]
News Release: UCI Health and Kindred Rehabilitation Services Announce Plans for State-of-the-Art Inpatient Rehabilitation Hospital
Joint venture will construct and operate a 52-bed hospital in Irvine ORANGE, Calif. & BRENTWOOD, Tenn., June 16, 2022 — (BUSINESS WIRE)–UCI Health and Kindred Rehabilitation Services (“KRS”), a business unit of LifePoint Health, today announced that they have signed a definitive agreement to create a joint venture to construct and operate a 52-bed, 68,000 […]
News Release: Flagship Healthcare Trust Acquires Clermont, Florida MOB
Anchor building of Citrus Tower Park is near Orlando Health South Lake Hospital CHARLOTTE, N.C. , June 16, 2022 /PRNewswire/ — Flagship Healthcare Trust, a Charlotte-based outpatient healthcare real estate investment trust (REIT), has acquired the Citrus Tower medical office building (MOB) in Clermont, Florida. Located at the Citrus Tower Boulevard and Johns Lake Road […]
News Release: Fairfield Advisors announces sale of LifePoint Health Surgery Center
– $3,000,000 Transaction – Denver, CO., June 13, 2022 – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the LifePoint Surgery Center located at 105 N. Meadows Drive in Athens, Tennessee. The building was built in 2001 and totals 6,763 square feet. The Surgery Center is […]
News Release: Groundbreaking marks expansion of Novant Health Matthews Medical Center
MATTHEWS, N.C., June 8, 2022 — Novant Health Matthews Medical Center today broke ground on its four-story, 150,000 square-foot tower and 50,000 square-foot renovation project. With this $169 million expansion, Matthews Medical Center will be better positioned to meet the healthcare needs of this rapidly growing community. Located on the south side of the hospital […]
News Release: Northside Gwinnett celebrates construction start of new patient tower
LAWRENCEVILLE, Ga., June 8, 2022 — Expanding on its commitment to strengthen health care resources in the Gwinnett region, Northside Hospital held a ceremonial crane christening and groundbreaking event June 7 to mark construction of a new patient tower on its Northside Gwinnett campus in Lawrenceville. Hospital leadership joined representatives from the Gwinnett Medical Center […]
News Release: Allina Health selects site for new Cambridge Medical Center
CAMBRIDGE, Minn. (June 28, 2022) — Allina Health is pleased to announce that it has chosen a site for the new Cambridge Medical Center. After months of research and planning, the site selected for Cambridge Medical Center’s new facilities will be located between Highway 65 and Xylite Street Northeast, just north of Highway 95. “From […]
News Release: Penn Highlands Healthcare Breaks Ground for State-of-the-Art Hospital and Medical Office Building in State College
DuBois, Pennsylvania, May 25, 2022 at 12:02 pm Central Time (GLOBE NEWSWIRE) — Representatives from Penn Highlands Healthcare were joined by government and community leaders as well as the architect and general contractor to break ground for a new $70 million technologically advanced hospital and medical office building in State College. “This is an exciting […]
