Healthcare Real Estate

Although there has been a number of consolidations undertaken by big-pharma companies, the number of small and mid-tier pharma and bio-tech firms in New Jersey continues to climb.

The 2019 CREW Network Convention and Marketplace, which will continue throughout the week at the Renaissance Orlando at Sea World, brings together more than 1,200 commercial real estate leaders.

In addition to its diverse project mix, Encore contributes its success to a collaborative culture driven by employee ownership, with more than half of the firm's staff also serving as company shareholders.

The sale of St. Christopher's to Tower and Drexel is part of the process to resolve the Chapter 11 bankruptcy filed by American Academic Health Systems LLC.

PTC Therapeutics will occupy Buildings 9, 10, 12, 13 and a portion of Building 18 at the Princeton West campus.

The REIT acquired Vista del Lago, a memory care facility in Escondido, California, with 52-unit facility with 96 licensed beds.

The company states that 10 of the skilled nursing facilities sold are located in Nebraska. Four skilled nursing facilities were located in Iowa and one skilled nursing facility is based in Kansas. The 13 medical office buildings properties are all situated in Massachusetts.

Tourney Plaza III will add 156,000 square feet in six properties to the medical office market.