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News Release: RiverBend Portfolio – Sale Transaction

Brown Gibbons Lang | Real Estate Partners (“BGLREP”), a division of Brown Gibbons Lang & Company (“BGL”), is pleased to announce the real estate sale of the RiverBend Medical Group Portfolio, with locations in Chicopee, MA, Springfield, MA, and Agawam, MA.  BGLREP’s National Healthcare Real Estate group served as the exclusive advisors to the seller […]

News Release: Healthcare Trust of America, Inc. Reports Second Quarter 2017 Earnings

News Release: Healthcare Trust of America, Inc. Reports Second Quarter 2017 Earnings

$2.6 Billion in Year-to-Date Investments  Quarter Normalized FFO of $0.39 Per Diluted Share and Same-Property Cash NOI Growth of 3.1% Company Release – 07/31/2017 16:05 SCOTTSDALE, Ariz., July 31, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the three and six months ended June 30, 2017. Second Quarter 2017 Highlights Operating […]

News Release: Just closed:  San Antonio Inpatient Rehabilitation Hospital

News Release: Just closed: San Antonio Inpatient Rehabilitation Hospital

The JLL Healthcare Capital Markets Group is pleased to announce the sale of Warm Springs Rehabilitation Hospital of Thousand Oaks, an acute care inpatient rehabilitation hospital facility with 34 licensed beds in San Antonio, Texas, leased and operated by an affiliate of Post Acute Medical. Mindy Berman of the JLL Healthcare Capital Markets Group served […]

Reed Construction is pleased to announce that the firm was selected to complete a 14,000 square foot ambulatory surgery center, a 20-acre site development and a 2,000 square foot addition of the C-section unit for Silver Cross Hospital in New Lenox, Ill. (Photo courtesy of Silver Cross Hospital)

News Release: New surgery center comes to Silver Cross

CHICAGO, July 28, 2017 – Reed Construction is pleased to announce that the firm was selected to complete a 14,000 square foot ambulatory surgery center, a 20-acre site development and a 2,000 square foot addition of the C-section unit for Silver Cross Hospital in New Lenox, Illinois. Silver Cross Hospital was established in 1895 under […]

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News Release: Capital One Closes $51 Million Loan to Refinance Southern California Medical Office Building

FOR IMMEDIATE RELEASE Bethesda, Md. (July 28, 2017) – Capital One announced today that it provided a $51 million loan to refinance construction debt on Ventana Medical Plaza, a 120,000-square-foot, off-campus medical office building in Tarzana, Ca. The borrower, TriStar Realty Group, is a commercial real estate firm that has assembled a diverse portfolio of commercial […]

Todd W. Lillibridge

News Release: Ventas Announces Lillibridge Healthcare Services CEO Transition

Todd W. Lillibridge to Transition Out of Top Executive Role in Early 2018 CHICAGO–(BUSINESS WIRE)–Jul. 28, 2017– Ventas, Inc. (NYSE: VTR) announced today that Todd W. Lillibridge, President and CEO of Lillibridge Healthcare Services (“LHS” or “the MOB Business”) and EVP Medical Property Operations for Ventas will transition to a new role as Senior Advisor to the […]

News Release: Welltower Reports Second Quarter 2017 Results

News Release: Welltower Reports Second Quarter 2017 Results

July 28, 2017 TOLEDO, Ohio, July 28, 2017 /PRNewswire/ — Welltower Inc. (NYSE: HCN) today announced results for the quarter ended June 30, 2017. For the quarter, we generated net income attributable to common stockholders of $0.51 per share and normalized FFO attributable to common stockholders of $1.06 per share. Quarterly Highlights Seniors housing operating SSNOI grew […]

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News Release: Anchor Health Properties Launches Western U.S. Operations Effort

NEWS PROVIDED BY Anchor Health Properties Jul 26, 2017, 09:06 ET PHILADELPHIA, July 26, 2017 /PRNewswire/ — Anchor Health Properties (“Anchor”), a full-service development, management, leasing, and investments platform focused on medical office projects across the United States, recently opened its first office in the Western U.S., effective July 10th.  In conjunction with this opening, Anchor has announced the acquisition of […]

Archives: July 2017

Archives: July 2017

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Feature Story: Inside the biggest monetization ever

A behind-the-scenes look at CHI’s $700 million portfolio sale to DocREIT By John B. Mugford Much has already been said and written about last year’s largest medical office building (MOB) portfolio monetization – which is also said to be the largest ever. The headline-grabbing sale had Englewood, Colo.-based Catholic Health Initiatives (CHI) selling 51 MOBs […]

The 60,000 square foot Ascension Medical Center, the first phase of a potential outpatient campus, recently opened in Howell, Mich., about 50 miles northwest of Detroit. The facility was developed by Minneapolis-based MedCraft and is the first facility to carry the Ascension name in Michigan, where the national health system has numerous hospitals and facilities that will eventually be re-branded as well. (Photo courtesy of MedCraft)

Outpatient Projects: MOB to grow into outpatient campus

In growing Howell, Mich., MedCraft and partner Welltower open facility for Ascension Health By John B. Mugford While the grand opening of a 60,000 square foot medical office building (MOB) in the exurbs of a large metropolitan area is certainly big news locally, such an event is not likely to garner national headlines or attention. […]

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News Release: Just Closed: Medical Office Complex in San Antonio, Texas

The JLL Healthcare Capital Markets Group is pleased to announce the sale of Legacy Oaks, a 224,262 square foot medical office complex in San Antonio, Texas. The property is strategically located adjacent to the South Texas Medical Center and contains numerous specialties including primary care, pediatrics, obstetrics, ophthalmology, radiology, rheumatology, pain management and outpatient rehabilitation.  […]

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News Release: HFF closes sale of Fletcher Parkway Medical Center on San Diego’s Sharp Grossmont Campus

SAN DIEGO, CA – July 24, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of Fletcher Parkway Medical Center, a mission-critical, 82,024-square-foot, three-story medical office building in the San Diego suburb of La Mesa, California. HFF marketed the property on behalf of the seller, The Abbey Company.  Anchor […]

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News Release: Inland Real Estate Acquisitions, Inc. Purchases Medical Office Building in Arlington, Texas

Oak Brook, Ill. (July 24, 2017) – Inland Real Estate Acquisitions, Inc. announced today that it negotiated and helped close the purchase of the Kleiman | Evangelista Eye Center, a 27,500-square-foot medical office building located in Arlington, Texas, approximately 12 miles east of Fort Worth and 20 miles west of Dallas. Matthew Tice, senior vice […]