News Release: MedProperties Holdings and Cypress West acquire Riverwalk Medical Plaza in California
The 54,923 square foot facility is in the premium, sought-after Bakersfield market and includes a value-add, vacant 5,500 square foot space that will provide incremental, long-term revenue BAKERSFIELD, Calif., and DALLAS, June 7, 2017 – The newest joint venture acquisition from MedProperties Holdings LLC has it all: immediate cash flow; a value-add space with additional […]
News Release: Cornerstone Companies Inc. MOB Fund II Spends $22.6 Million To Acquire Three Medical Office Buildings
FOR IMMEDIATE RELEASE INDIANAPOLIS, IN (May 30, 2017) – Cornerstone Companies, Inc. recently announced the acquisition of three health care real estate properties totaling 82,000 square feet in Indiana, Kentucky, and Colorado with an aggregate purchase price of $22.6 million. The properties were acquired by Cornerstone MOB Fund II, a private equity fund focused solely […]
News Release: McCarthy Building Companies, Inc. breaks ground on Children’s Hospital Outpatient Center
$40 million project will provide outpatient services to over 100,000 children a year ATLANTA and CHATTANOOGA, Tenn. (June 7, 2017) – McCarthy Building Companies, Inc. broke ground yesterday on the new Children’s Hospital at Erlanger Outpatient Center. The $40 million outpatient facility is phase one of plans for a new Children’s Hospital, among the nation’s […]
News Release: Vibra Healthcare, Memorial Hermann & Medistar Announce Development of New Post-Acute Community: VibraLife of Katy
MECHANICSBURG, Pa. and HOUSTON (June 7, 2017) – Vibra Healthcare, LLC (“Vibra”), Memorial Hermann Health System, and Medistar Corporation (“Medistar”) announced today their collaboration on the development of VibraLife of Katy, a new VibraLife post-acute and residential care community coming to the Houston area. The new state-of-the-art facility will be located in the Parkwest Business […]