Healthcare Real Estate

ShareMD is taking the shared workspace concept to a new frontier by offering shared medical space in South Miami and Coral Gables.

During the REIT's Q3 earnings call, MPT president and CEO, Edward Aldag Jr. outlined the company's new investments, portfolio expansions and its $5B acquisition pipeline.

The entire loan will be used to refinance Prime Care's 13 asset portfolio, consisting of assisted living, memory care and skilled nursing units.

The purchased properties, within Miami-Dade County, serve as the California firm's first Florida investments.

The new hospital, which will be the centerpiece of Valley's healthcare campus in Paramus, will be funded through the issuance of bonds, hospital equity and philanthropic contributions. Valley anticipates the new hospital could open as early as 2023.

The Houston Q3 market showed plateauing office concessions, a record year of industrial deliveries, retail dominated by medical office facilities and multifamily exhibiting strong fundamentals, says a JLL report.

The assisted living and memory care portfolio consists of 28 properties in 14 states.

Aperture Del Mar is a 16-acre premier, fully entitled, infill development site in Del Mar Heights.