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News Release: Robert Smith Designated as Jersey Shore University Medical Center Foundation’s Board of Trustees Member

News Release: Robert Smith Designated as Jersey Shore University Medical Center Foundation’s Board of Trustees Member

The Allied’s Group’s Founder/CEO Recognized for Strong Philanthropy and Community Service NEPTUNE, N.J., May 18, 2017 – The Allied Group’s CEO, Robert Smith, was recently appointed to Hackensack Meridian Health Jersey Shore University Medical Center Foundation’s Board of Trustees. The founder of the industry-leading renovation company, who lives and works in Monmouth County, NJ, was […]

News Release: Brandon Wallace Joins Cushman & Wakefield as Senior Director

News Release: Brandon Wallace Joins Cushman & Wakefield as Senior Director

Wallace Bolsters Cushman & Wakefield’s Atlanta Healthcare Practice Group ATLANTA, May 18, 2017 – Cushman & Wakefield has hired industry veteran Brandon Wallace as Senior Director to co-lead the company’s Healthcare Practice Group in Atlanta alongside George Olmstead, Senior Director. Wallace will bring his proven strategic relationships and healthcare real estate expertise to this growing […]

Artist rendering of the Cleveland Clinic Family Health Center in Coral Springs, Fla.  (Rendering courtesy of Rendina)

News Release: Cleveland Clinic Partners with Rendina on Family Health Center

JUPITER, Fla., May 17, 2017 – Cleveland Clinic and Rendina Healthcare Real Estate have broken ground on a new $32 million, 72,000-square-foot Family Health Center in Coral Springs, Fla. Situated on a 5.25 acre site at the intersection of University Drive and Sawgrass Expressway, the three-story facility will be fully occupied by Cleveland Clinic and […]

HREI has learned that a Caddis partnership acquired 1393 George Dieter Drive in El Paso, Texas, as part of the transaction. (Photo courtesy of Caddis)

News Release: Capital One Closes $32.7 Million Loan for Medical Office Building Portfolio

FOR IMMEDIATE RELEASE Capital One Closes $32.7 Million Loan for Medical Office Building Portfolio Bethesda, Md. (May 17, 2017) – Capital One announced today that it provided a $32.7 million loan for a portfolio of six medical office buildings in Florida, Georgia, South Carolina and Texas, totaling 186,000 square feet. Caddis Healthcare Real Estate—an investment, development […]

News Release: Hammond Hanlon Camp LLC Advises Pekin Memorial Hospital on its Affiliation with UnityPoint​

CHICAGO (May 17, 2017) — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive advisor to Pekin Memorial Hospital (“Pekin”), its sponsor, Progressive Health Systems (“PHS” or the “System”), and other PHS affiliates, in a transfer of membership to UnityPoint Health-Peoria. Pekin is a 107-bed hospital located in Pekin, Illinois, […]

News Release: Transwestern Deepens National Healthcare Services with Project and Construction Management

News Release: Transwestern Deepens National Healthcare Services with Project and Construction Management

Peter Stojkovic Joins the Firm as National Managing Director (MAY 17, 2017 – HOUSTON) – Transwestern today announces Peter Stojkovic has been appointed National Managing Director in the firm’s Healthcare Advisory Services group to oversee project management and construction services for healthcare projects across the country. Stojkovic, who is based in the Houston headquarters, also […]

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News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Healthcare and Data Center Properties Totaling Over $141 Million

The acquisitions add approximately 362,000 leased square feet, including the largest data center in Connecticut, to Carter Validus Mission Critical REIT II, Inc.’s portfolio May 15, 2017 01:47 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling […]

Scott Brinker

News Release: HCP Appoints Scott Brinker as Chief Investment Officer

NEWS PROVIDED BY HCP 15 May, 2017, 09:00 ET IRVINE, Calif., May 15, 2017 /PRNewswire/ — HCP (NYSE: HCP) announced today that Scott Brinker will join the Company as Executive Vice President and Chief Investment Officer, with an effective date of January 4, 2018.  Mr. Brinker will report to HCP’s Chief Executive Officer, Tom Herzog. […]

News Release: Just Sold | 43839 N. 15th St. West | Lancaster, California

News Release: Just Sold | 43839 N. 15th St. West | Lancaster, California

Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 43839 N. 15th St. West in Lancaster, CA at a price of $12,500,000 or a 6.83% cap rate. The 76,748 SF medical office building was 100% leased to High Desert Medical Group with 9 years of remaining lease term. Gary Stache, […]

News Release: The Missner Group Selected to Expand Illinois Bone & Joint Institute’s Downtown Chicago Location

(Des Plaines, Illinois) – The Missner Group is pleased to announce that the firm has been selected for a substantial renovation and expansion project at the Illinois Bone & Joint Institute (IBJI) located at 111 N. Canal Street in Chicago. “We are pleased to work with the Illinois Bone & Joint Institute on another one […]

News Release: Revista adds new partner, board members

News Release: Revista adds new partner, board members

Capital One signs on as Platinum Partner; Capital One, THR and Kaiser executives join Advisory Board; and plans are unveiled for 2018 Medical Real Estate Investment Forum ARNOLD, Md., May 10, 2017 – Revista, the nation’s healthcare real estate information leader, recently announced the addition of a new Platinum Partner, Capital One Healthcare, and accompanying […]

Davis of Minneapolis is taking a phased development approach to the Hazelwood Medical Center in Maplewood, Minn. The firm first developed 82,000 square feet but based on strong leasing activity, is now developing the facility to its maximum capacity of 148,000 square feet. (Rendering courtesy of Davis)

News Release: Davis expanding Hazelwood Medical Center in Maplewood, Minn.

Based on strong leasing activity, the Minneapolis-based firm is developing the facility to its maximum capacity of 148,000 square feet for HealthEast and other medical tenants MINNEAPOLIS and MAPLEWOOD, Minn., May 10, 2017 – After starting development of an initial 82,000 square foot phase of the Hazelwood Medical Center last fall, Davis is now expanding the building […]

The 168,511 square foot McAuley Medical Center in Phoenix was the largest building acquired as part of the Dignity Health MOB portfolio. (Photo courtesy of NexCore Group)

News Release: Healthcare Trust of America Closes on Medical Office Portfolio in Arizona and Southern California

SCOTTSDALE, Ariz., May 9, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA), the largest owner and operator of medical office buildings in the United States, announced today that it closed on the previously announced medical office building portfolio in Arizona and Southern California. The total consideration for the portfolio was approximately $150 million, […]

Photo courtesy of Colliers

Thought Leaders: Retail Dimensions of Health Care Report Part I (from Colliers)

Colliers International has released a new report: “Retail Dimensions of Health Care Report Part I.” Please see below for excerpts and a link to the full report. Examining the Increased Presence of Health Care in the Retail Setting The world of retail today is all about adapting to the rapidly evolving needs of consumers. Now, […]

New Release: Lillibridge Healthcare Services Playing Major Roles at BOMA International’s 2017 Medical Office Buildings + Healthcare Real Estate Conference in Denver

As Diamond Sponsor, the nation’s largest owner and operator of medical office buildings (MOB) is hosting the popular Roundtable Room sessions with nine expert speakers on the agenda DENVER, May 9, 2017 – Lillibridge Healthcare Services Inc. will play its biggest role ever at this year’s Building Owners and Managers Association (BOMA) International Medical Office […]