Medical Properties Trust To Invest $950 Million In Behavioral Health Platform
The iinvestment Includes the purchase and leaseback of 18 Inpatient behavioral hospital facilities valued at $760 million and acquisition of interests in $190 million in the operating company, Springstone, LLC. The total year-to-date investment of Medical Properties Trust exceeds $2.5 billion.
Harrison Street Buying Senior Housing Portfolio For $1.2B, Selling MOBs For $371M
Harrison Street is selling a 14-property medical office portfolio totaling 833K SF for $371M as it is set to acquire a portfolio of 24 senior housing communities.
Health Care-Centric, Mixed-Use Development In Fort Myers, Florida, Gains Traction With Land Deals
The 46-acre Hope Preserve project recently gained significant traction with a trio of recent land deals more than three years after Hope Hospice and Community Services Inc. unveiled its plans. Only five acres of of the project presently remain uncommitted.