News Release: First Citizens Bank Provides $50 Million to Refinance Los Angeles Medical Office Building
JACKSONVILLE, Fla. — April 18, 2024 — First Citizens Bank today announced that its Healthcare Finance business served as sole lender on $50 million in financing for an affiliate of Tristar Realty Group for the refinancing of Ventana Medical Center. The Ventana is a 122,000-square-foot Class A medical office facility in Tarzana, California, a suburban section […]
News Release: Mediplex Property Group Develops MOB/ASC/Lab Space in King of Prussia, PA
NEWS PROVIDED BY Mediplex Property Group Apr 17, 2024, 15:39 ET KING OF PRUSSIA, Pa., April 17, 2024 /PRNewswire/ — Mediplex Property Group has completed its newest outpatient healthcare facility at 880 Swedesford Road in King of Prussia, PA. Mediplex successfully re-purposed the 2-story, 16,000 square foot former office building into a state-of-the-art medical center […]
News Release: Burke Rehabilitation Announces New Outpatient Facility in West Nyack (N.Y.)
Leading rehabilitation care provider opens first site in Rockland County West Nyack, NY, (April 16, 2024): Burke Rehabilitation today announced the opening of its newest outpatient facility located in West Nyack, New York. A nationally-recognized provider of physical and medical rehabilitation care, Burke’s West Nyack location will be the organization’s first outpatient center in Rockland […]
News Release: Brand-new surgery center and medical office building unveiled by AdventHealth Daytona Beach (Fla.)
April 12, 2024 AdventHealth Daytona Beach celebrated the official opening of its $45.7 million campus-based medical office building and ambulatory surgery center yesterday. Brand-new surgery center and medical office building unveiled by AdventHealth Daytona Beach Spanning three floors, the 60,000-square-foot facility is located on the hospital campus of AdventHealth Daytona Beach and is now home […]
News Release: City of Hope Cancer Center Phoenix Breaks Ground on Surgical Center Expansion With Valley Community
Apr. 11, 2024 Press Release PHOENIX, Ariz. — City of Hope® Cancer Center Phoenix today broke ground on a leading-edge surgical center expansion, marking the latest milestone in its mission to bring optimal cancer care to more patients, families and communities. The expansion will dramatically expand City of Hope’s capacity in Arizona and further cement […]
News Release: $65M in financing arranged for a six-building office and retail campus in West Los Angeles
JLL Capital Markets secured a $65 million loan for Wateridge LOS ANGELES, Apr. 2, 2024 – JLL Capital Markets announced today that it arranged $65 million in refinancing for Wateridge, a six-building, office and retail campus totaling 583,580 square feet in West Los Angeles, California. JLL worked on behalf of the borrower, LPC Realty Advisors I, […]
News Release: Wellstar MCG Health celebrates progress on Wellstar Columbia County Hospital with ceremonial groundbreaking
COLUMBIA COUNTY, Ga., April 2, 2024 — With a mound of red dirt piled behind them and wearing a hard hat, Brian P. Kemp, Governor of Georgia lifted a purple-bowed shovel full of gray dirt Monday morning, ceremonially breaking ground on the Wellstar Columbia County Medical Center. Joining him in this symbolic event were Georgia […]
News Release: Clay Town Center Celebrates Grand Opening of Professional Office Park
PRESS RELEASE • APR 2, 2024 09:00 EDT MIDDLEBURG, Fla., April 2, 2024 (Newswire.com) – Clay Town Center, a project by Paradigm Development Partners, is thrilled to announce the grand opening of its latest project, the Clay Town Center Professional Office Park, a modern office complex designed to meet the needs of today’s businesses. Located […]
News Release: Ohio State, City of Powell mark start of construction of Outpatient Care Powell
COLUMBUS, Ohio – The City of Powell and The Ohio State University Wexner Medical Center are celebrating the beginning of construction on a new outpatient care facility. Outpatient Care Powell is a $183 million project that will include a two-story health center and an attached five-story medical office building. Similar to recent outpatient care facilities […]
News Release: Orlando Health Neuroscience Institute Unveils New Facility on Downtown Orlando Campus
The space will be the new home of the neuroscience service lines Orlando, FL (March 28, 2024) – Orlando Health Neuroscience Institute is opening a brand-new facility in the heart of the healthcare system’s downtown Orlando campus that will serve patients throughout the southeastern United States. The three-story, 45,000-square-foot medical office building will house neurology, […]
News Release: Froedtert ThedaCare Health, Inc. Breaks Ground on New Health Campus in Oshkosh (wis.)
March 26, 2024 Oshkosh, Wis. — The combined health system of Froedtert ThedaCare Health, Inc. is announcing the groundbreaking of a new health campus in Oshkosh. The planned campus aims to expand convenient access to care for those living in Northeast and Central Wisconsin. As of Jan. 1, 2024, Froedtert Health and ThedaCare finalized the […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate Break Ground on New Lynchburg (Va.) Medical Office Building for Centra
The 130,000-square-foot medical office building will increase access to quality healthcare in Lynchburg LYNCHBURG, VA and CHICAGO, March 26, 2024 – Remedy Medical Properties and its partner Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, broke ground on March 20 for the Centra Langhorne Medical Center, a new 130,000-square-foot […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate Break Ground on New Lynchburg Medical Office Building for Centra
The 130,000-square-foot medical office building will increase access to quality healthcare in Lynchburg LYNCHBURG, VA and CHICAGO, March 26, 2024 – Remedy Medical Properties and its partner Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, broke ground on March 20 for the Centra Langhorne Medical Center, a new 130,000-square-foot […]
Feature Story: Rising rates, costs catch up with the MOB development market
Revista report shows project starts fell 38.8%; also lists the largest developers of 2023 By John B. Mugford Although 2022 was generally considered to be a tough year for healthcare real estate (HRE) developers – the result of rising construction costs and inflation – the amount of medical outpatient building (MOB) space started or completed […]
News Release: Atkins Companies Collaborates with Renowned Surgeons to Bring Luxury Plastic Surgery Center to New York City
New York City, N.Y. (March 26, 2024) – Atkins Companies, a leading multigenerational commercial real estate development, investment, and property management firm, and renowned plastic surgeons, Dr. Oren Tepper, Dr. Evan Garfein and Dr. Arthur Perry announce the opening of Greenwich Street 497, a luxury aesthetics and plastic surgery center, located at 497 Greenwich Street […]
