Healthcare Real Estate

The construction financing will fund the firm's 217,123-square-foot, luxury senior living development, which will span three buildings and 201 units.

The recently renovated property, located on the campus of the Memorial Care Saddleback Medical Center, sold for $31.3 million.

While medical office buildings sales volume slowed in 2020, they performed better than most asset classes during the pandemic.

Last year government relief for the sector ultimately had the practical effect of less rent deferral and rent concessions.

MOB investment decreased 12.2% year-over-year in 2020 to hit $11.1 billion.

The life science company, Biomeme will relocate its headquarters to occupy the space within Netrality Data Centers' multi-use facility.

BioMed Realty expands its development plans for the 12-acre campus, which will comprise 910,000 square feet of new class A, lab and office space.

Life sciences funding is coming from governments, risk and venture capital and institutional capital.