Nonprofit Hospitals Are Cashing In On Real Estate

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Nonprofit hospital chains are buying up billions of dollars’ worth of real estate across the US, dodging property taxes using their charity status.

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Jacksonville University Breaks Ground On Northeast Florida’s First Four-Year Medical School

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The Lake Erie College of Osteopathic Medicine is investing about $50 million to develop the school on the JU Medical Mall, with an inaugural graduating class in 2026 of about 75 med students.

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Global Medical REIT Partners With Heitman For Joint Venture

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The joint venture marks the first collaboration between Global Medical REIT Inc., a net-lease medical real estate investment trust, and Heitman LLC, a global REIT management firm. Newmark is orchestratrating a $35.2 million recap of MOBs to seed the partnership.

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