Latest
Markets
Properties
DevelopmentPeopleTransactions

Healthcare News

Commercial Real Estate News

The U.S. Treasury 10-Year yield chart provides interest-rate context for Greystone's $30.3 million HUD refinance of a four-property Rhode Island skilled nursing portfolio.
Financing

Greystone Closes $30.3M HUD Refinance for Rhode Island Skilled Nursing Portfolio Led by Christopher Clare and Ryan C. Harkins

Greystone has closed a $30,260,600 FHA/HUD-insured refinance for a four-property skilled nursing portfolio in Rhode Island, replacing prior bridge financing with long-term permanent debt. The transaction was originated by Christopher Clare and Ryan C. Harkins, with additional team support from David Young, Parker Nielsen, Liam Gallagher, and Ben Rubin.

•Healthcare
Baptist Health Rehabilitation Hospital in South Miami, developed by Anchor Health Properties with Baptist Health South Florida and Lifepoint Rehabilitation, is the newly completed 100,000-square-foot inpatient rehabilitation facility featured in the article.
DevelopmentHealthcare

Anchor Health Properties, Baptist Health South Florida and Lifepoint Rehabilitation Open 100,000-SF Inpatient Rehab Hospital in South Miami

Anchor Health Properties has completed development of a three-story, 100,000-square-foot inpatient rehabilitation hospital adjacent to Baptist Health South Miami Hospital, with Lifepoint Rehabilitation set to operate the 62-bed facility. The project, located at 6201 Sunset Drive in South Miami, held a ribbon-cutting ceremony on July 29 and is scheduled to admit its first patients in August.

•Anchor Health Properties
Property Transactions

Berkadia Seniors Housing & Healthcare Closes Sale and Financing of 121-Unit Ambassador of Scarsdale for Original Developer and Longtime Owner-Operator

Berkadia Seniors Housing & Healthcare has closed the sale and arranged financing for The Ambassador of Scarsdale, a 121-unit Class-A assisted living and memory care community in Scarsdale, New York. The seller, the property's original developer and longtime owner-operator, is now developing an upscale seniors housing community in Greenwich, Connecticut, while Sunrise Senior Living will take over operations under the new ownership.

•Berkadia

More News

Ocean Park Plaza, 2701 Ocean Park Boulevard in Santa Monica, the two-story, 100,700-square-foot office and medical building Colliers brokered the all-cash sale of to an undisclosed co-educational school that plans to relocate and establish a new campus, shown here after roughly $8 million in capital improvements.
Property TransactionsOfficeMedical Office

Colliers Brokers Sale of 100,700-SF Ocean Park Plaza to Undisclosed Co-Educational School in Santa Monica

Colliers has brokered the all-cash sale of Ocean Park Plaza, a 100,700-square-foot office and medical building at 2701 Ocean Park Boulevard in Santa Monica, to an undisclosed co-educational school planning to establish a new campus at the site. Tim Dornin and Scott Rigsby of Industry Partners and Dan Pickart of Newmark represented the buyer in the transaction.

•Colliers
Architectural rendering of Station Yards Phase 2C in Ronkonkoma, showing the planned three five-story buildings that will deliver 285 apartments and ground-floor medical office space where Northwell Health will occupy 30,000 square feet.
LeasingMedical OfficeMixed Use+1

Northwell Health Leases 30,000 SF at Station Yards as Tritec Real Estate Launches $175M Phase 2C in Ronkonkoma

Northwell Health has leased 30,000 square feet of medical office space at Station Yards in Ronkonkoma, becoming the largest commercial tenant at the transit-oriented development to date. Master developer Tritec Real Estate Company has begun demolition on the 6.72-acre Phase 2C site, with construction on three new five-story buildings expected to start this fall.

•Tritec Real Estate Company