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News Release: Hammond Hanlon Camp LLC Welcomes New Industry Professionals

News Release: Hammond Hanlon Camp LLC Welcomes New Industry Professionals

NEW YORK—July 31, 2015—Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused strategic advisory and investment banking firm, announces the recent addition of two senior executives to its professional team – Ken Benton, Vice President based in New York and Brady Stern, Associate based in Chicago. Prior to joining H2C, Ken Benton provided financial and strategic advisory […]

For Sale: Cincinnati Medical Office Building - 32,992 SF

For Sale: Cincinnati Medical Office Building – 32,992 SF

JLL is pleased to offer for sale the fee simple interest in a 32,992 square foot Class A medical office building, Red Bank Professional Office Building in Cincinnati, Ohio. Completed in 2001, the property is 100 percent occupied and anchored by The Christ Hospital which operates an ambulatory surgery center. With its four original specialty […]

Preston Memorial Hospital, Kingwood, W.Va.
Image courtesy of denmarsh photography
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News Release: Hammes Company leads project management of new West Virginia CAH replacement hospital

Healthcare consulting firm serves as owner’s representative and project manager for development of new Preston Memorial Hospital that opened doors May 17 MILWAUKEE and NORTHEASTERN WEST VIRGINIA, July 29, 2015 – The challenge of providing great healthcare that is also technologically advanced, sustainable and provided by quality, caring personnel is not always the easiest order […]

Heartis Peoria, a 94-unit assisted living and memory care community, will be the first senior residence Caddis has partnered on with Pathway Senior Living LLC, a nationally recognized operator of senior communities in the Chicago area and Wisconsin. The 97,000 square foot community is expected to be completed in the fall of 2016.
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News Release: Caddis partners with Pathway on Peoria senior community

The healthcare real estate firm is working with the senior living management company for the first time to offer a 94-unit Heartis residence in Illinois PEORIA, Ill., and DALLAS, July 29, 2015 – When Caddis, a national healthcare real estate firm, was considering expanding its Heartis senior living brand in additional U.S. markets, it found […]

For Sale: Philadelphia Metro Single Tenant On-Campus Medical Office

For Sale: Philadelphia Metro Single Tenant On-Campus Medical Office

JLL is pleased to offer a distinctive healthcare investment opportunity to acquire 100 percent interest in Brandywine Health Pavilion, a 29,104 square foot, 2006-build Class A medical building on the campus of Brandywine Hospital in Coatesville, Pennsylvania. The property is 100 percent leased and occupied by Brandywine Hospital on a triple net basis with more […]

News Release: CMK MOB Portfolio - Closing Announcement

News Release: CMK MOB Portfolio – Closing Announcement

Holliday Fenoglio Fowler, L.P. (“HFF”) exclusively represented the Seller on the CMK MOB Portfolio. The Portfolio consisted of five (5) medical office buildings totaling approximately 294,000 rentable square feet located in the Cincinnati MSA and Maine. The Portfolio features 100% occupancy with some of the most respected and renowned health systems in each respective market. […]

News Release: Array Welcomes Healthcare Engagement Manager

News Release: Array Welcomes Healthcare Engagement Manager

Array Architects is pleased to announce James Hamilton Britt, AIA, has joined the firm as an Engagement Manager. Focusing on the successful delivery of projects, James will share his project management expertise from Array’s Philadelphia office. James’ extensive relationship-building background over his 15+ year career positions him to ensure teams are empowered to achieve their […]

News Release: CEI Architecture Joins HDR, Reinforcing a Shared Commitment to Design Innovation

Vancouver, British Columbia & Omaha, Nebraska – CEI Architecture, one of western Canada’s leading architectural practices, has joined HDR, a global firm with one of the world’s top ranked architecture practices. Leadership of the two firms cite growth opportunities, both geographically and within each firm’s respective market sectors, as the reasons for merging its shared […]

News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Post Acute Webster Rehabilitation Hospital Property from Medistar Corporation

News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Post Acute Webster Rehabilitation Hospital Property from Medistar Corporation

July 27, 2015 (Tampa, FL) – Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) acquired the Post Acute Webster Rehabilitation Hospital property (the “Webster Rehabilitation Hospital”) from Medistar Corporation (“Medistar”) for $25.7 million. The Webster Rehabilitation Hospital is a newly built, 45-bed inpatient rehabilitation facility located in Webster, Texas that measures approximately 53,513 […]

Archives: July 2015

Archives: July 2015

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Healthcare Trust of America recently added to its large Boston portfolio with the acquisition of the 670 Albany building, an eight-story, 161,000 square foot research facility adjacent to Boston Medical Center in the city’s South End. (Photo courtesy of JLL)

Transactions: HTA adds to its Boston bio portfolio

REIT acquires 161,000 s.f. research facility on Boston Medical Center campus By John B. Mugford A lot of good things are happening in Boston’s historic South End, a once downtrodden area that one well-known healthcare real estate professional says is now “exploding” with trendy new shops, restaurants and high-end residences. Helping provide momentum for the […]

Carter Validus Mission Critical REIT acquired the two-story, 41,600 square foot UC Health Physicians Office - Midtown in Cincinnati as part of a four-state, five-building, $79.08 million, 294,108 square foot medical office buiilding acquisition. (Photo courtesy of HFF)

Transactions: Carter Validus takes five (MOBs)

Unlisted REIT acquires portfolio of assets in four states for more than $79 million By John B. Mugford With the medical office building (MOB) sales market showing no signs of slowing down in the near future, Carter Validus Mission Critical REIT (CVMC REIT) jumped on the chance to acquire a fully leased, five-building portfolio in […]

Plaza Companies and Duke Realty plan to develop a $16 million, 70,000 square foot second medical office building on the campus of Banner Estrella Medical Center in Phoenix. Plans include an option for a future 55,000 square foot expansion. (Rendering courtesy of Plaza Companies)

Outpatient Projects: Duke Realty, Plaza plan Phoenix MOB

Development firms could build up to 125,000 s.f. on Banner Estrella campus By Erin E. Porter and John B. Mugford For Peoria, Ariz.-based Plaza Companies, a new medical office building (MOB) planned for the campus of Banner Estrella Medical Center in Phoenix would add to its 10 million square foot portfolio of owned and managed space. […]

The flowing shape of the proposed $466 million, seven-story, 696,000 square foot, 294-room Vassar Brothers Medical Center inpatient pavilion in Poughkeepsie, N.Y., is intended to remind visitors of the neighboring Hudson River. (Rendering courtesy of RTKL)

Inpatient Projects: Upstate N.Y. hospital unveils big plan

Vassar Brothers Medical Center in Poughkeepsie to expand with $466M pavilion By Erin E. Porter With a design that’s meant to capture the look and feel of the adjacent Hudson River, a new patient pavilion being planned for Vassar Brothers Medical Center is expected to be a landmark and a point of pride for the […]

Todd W. Lillibridge

Companies & People: ‘I feel like we’re just getting started’

Five years after the Ventas deal, Todd Lillibridge says there’s still plenty to do By Murray W. Wolf Five years ago, when Ventas Inc. (NYSE: VTR) acquired Lillibridge Healthcare Services Inc. and its portfolio of 95 medical office buildings (MOBs), some wondered how long top Lillibridge executives – particularly the firm’s president and CEO, Todd […]