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News Release: LCS Community, Windsor at Celebration, Launches Preleasing

May 31, 2017 CELEBRATION, Fla. – Windsor at Celebration, the new upscale senior living rental community by developer/owner Big Rock Partners in Disney-originated master-planned Celebration, is launching preleasing of its 239 independent living, assisted living and memory care residences on June 1. Set on a high-profile site just south of Walt Disney World along I-4 – […]

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News Release: Cypress West Adds Bakersfield MOB to Healthcare Portfolio

Cypress West Partners Acquires Riverwalk Medical Plaza Rancho Santa Margarita, CA (May 31, 2017) – Cypress West Partners announced that it has acquired Riverwalk Medical Plaza, a 54,923-square-foot campus-adjacent medical office building located at 9450-9500 Stockdale Hwy. in Bakersfield.  The Southern California-based healthcare investment, leasing and property management firm acquired the property in a joint […]

(PRNewsfoto/Welltower Inc.)

News Release: Welltower Names Mary Ellen Pisanelli Senior Vice President – Legal & Administration

TOLEDO, Ohio, May 31, 2017 /PRNewswire/ — Welltower Inc. (NYSE: HCN) today announced that Mary Ellen Pisanelli has joined Welltower as Senior Vice President – Legal & Administration. Ms. Pisanelli joins Welltower from Shumaker, Loop & Kendrick, LLP (“Shumaker”) where she served as Partner and was previously a Member of the Firm’s Management Committee. Ms. […]

News Release: Meridian Names Cypress West as Property Manager of 115,000 SF Newly-Renovated Cotton Medical Center in Pasadena, Calif.

News Release: Meridian Names Cypress West as Property Manager of 115,000 SF Newly-Renovated Cotton Medical Center in Pasadena, Calif.

SAN RAMON, CALIF. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has retained Cypress West Realty Management of Rancho Santa Margarita, Calif., to manage Meridian’s 115,000-square-foot medical office complex in Pasadena, California. CEO John Pollock, categorizes the new partnership as “a strategic move […]

News Release: Carlsbad Office/Medical Property Sells for $8.55 Million

News Release: Carlsbad Office/Medical Property Sells for $8.55 Million

Multi-Tenant Building Located in City’s Most Active Corridor Nearly 90% Leased SAN DIEGO, Calif. – May 31, 2017 – Cushman & Wakefield announced today the sale of 6120 Paseo Del Norte, a 30,318-square-foot (sf) multi-tenant office and medical building located in Carlsbad, Calif. Plaza Del Norte Inc. sold the property to Stephen Rogers for $8.55 […]

Looking to Buy: Family Office Seeks $100 Million in Real Estate

Immediate 1031 Purchase Requirement All Cash Buyer, with multiple exchanges totaling $30-$50 million in 2017. Existing rents at or below market. Property below replacement cost. Target transaction size $5-$30 million. Total acquisition target of $100 million total for 2017. Retail (single or multi-tenant), multi-family or single-tenant: industrial/medical/office. Primarily focused on long-term (10-20+ years) return. Quality real […]

For Sale: Offers Requested – Class A Medical Office Investment Opportunity with Investment Grade Health System Anchor in Metro Chicago

OFFERS REQUESTED BY THURSDAY, JUNE 15, 2017 – 5:00 PM CDT The Offering CBRE’s Healthcare Capital Markets Group is pleased to exclusively offer Fox Valley Centre for Health (the “Property”) for purchase. Fox Valley Centre for Health is located in St. Charles, Illinois, a western suburb of Chicago, less than three miles from Northwestern Medicine […]

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News Release: The Neenan Company, Gerding Builders break ground on Samaritan Pacific Communities

Community Approval of $57 Million Bond Supports Updated Critical Access Hospital   FORT COLLINS, Colo. — The Neenan Company, a fully integrated design-build firm based in Colorado, and Gerding Builders have broken ground on the redevelopment of a 126,000-square-foot critical access hospital for Samaritan Pacific Communities Hospital (SPCH) in Newport, Ore. The Neenan Company serves […]

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News Release: Spectrum Health Opens Newest Integrated Care Campus

SPECTRUM HEALTH MEDICAL GROUP GRAND RAPIDS, Mich., May 26, 2017 – Spectrum Health will celebrate the opening of its newest integrated care campus next week. The newly-renovated facility is located at 426 Michigan Street NE in Grand Rapids. A ribbon-cutting event will be held at 3:30 p.m. on Tuesday, May 30. Several Spectrum Health representatives […]

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News Release: U of L Tops Out New Pediatric Medical Office Building

Published on May 26, 2017 The first new health care delivery facility to be constructed in the Louisville Medical Center in nearly a decade reached its full height today. The University of Louisville celebrated the topping off the Pediatrics Medical Office Building with the ceremonial placement of the final, signed beam. The 171,000 sq. ft. […]

May 2017

May 2017

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Washington, D.C.-based Easterly Government Properties Inc., a publicly traded real estate investment trust (REIT), recently agreed to acquire its first two healthcare properties operated by the U.S. Dept. of Veterans Affairs (VA). The facility shown is one of them: the newly opened, 327,614 square foot VA ambulatory care center in Loma Linda, Calif.
Photo courtesy of Easterly Government Properties

Transactions: Government REIT enters VA arena

Easterly REIT to spend $260M on federal outpatient centers in California, Indiana By John B. Mugford With a long-term lease backed by a government agency, a built-in patient base of military veterans and brand new construction, the Dept. of Veterans Affairs (VA) ambulatory care center in Loma Linda, Calif., was sure to attract investors – […]

Transactions: Inland Real Estate Group has acquired four MOBs so far in 2017

Transactions: Inland Real Estate Group has acquired four MOBs so far in 2017

OAK BROOK, Ill. – Oak Brook-based Inland Real Estate Group has made four MOB acquisitions with a total of about 119,000 square feet since the start of 2017, according to the company.

Inpatient Projects: Kaiser Permanente opens its first new hospital in San Diego in 40 years

SAN DIEGO – Oakland, Calif.-based Kaiser Permanente recently opened its newest hospital, the $850 million, 617,215 square foot San Diego Medical Center in the Kearny Mesa area of the city.

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