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News Release: IRET Completes Sale of Medical Office Building Portfolio

Company Release – 1/2/2018 5:40 PM ET MINNEAPOLIS, Jan. 2, 2018 /PRNewswire/ — IRET (NYSE: IRET) substantially completed the sale of its medical office building portfolio on December 29, 2017, closing on 25 properties for an aggregate sale price of approximately $367.7 million.  This follows the Company’s announcement on November 30, 2017, that it entered into a purchase and sale […]

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News Release: HFF Sold: Overland Park Medical Office Building

Announcing the closing of Overland Park Medical Office Building, Overland Park, Kan. HFF closes the sale of a core MOB on the campus of HCA Midwest Health Menorah Medical Center Closed: December 2017 Size: 38,496 square feet 51% tenancy affiliated with HCA High-acuity tenant services including a best-in-class ASC Situated along premiere commercial retail and […]

Inland Real Estate Acquisitions

News Release: Inland Real Estate Acquisitions Closes the Purchase of a Medical Office Building in Illinois

Inland Real Estate Acquisitions, LLC Closes the Purchase of a Medical Office Building in Elmhurst, Illinois Oak Brook, Ill. – Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of the Edward-Elmhurst Health Center, an approximately 13,000-square-foot medical office building located on the north side of Elmhurst, Illinois, approximately 20 miles […]

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News Release: Meridian Hires Linda Shoemaker Haskins as Vice President, Asset Management

FOR IMMEDIATE RELEASE:  Meridian Hires Linda Shoemaker Haskins as Vice President, Asset Management SAN RAMON, Calif. – Meridian, a full-service real estate developer and owner of medical and general office real estate, announced today that Linda Shoemaker Haskins has been hired as Vice President, Asset Management. She will lead Meridian’s Asset Management team and oversee […]

Liberty Township Medical Center (Rendering courtesy of

News Release: The Christ Hospital Medical Center – Liberty Township

Opening in January 2018 The Christ Hospital Medical Center – Liberty Township, located at 6939 Cox Road in Liberty Township, Ohio, will soon offer outstanding services and patient experiences to the fast-growing Butler County community of Liberty Township. Opening in January 2018, our center will offer access to award-winning physicians and innovative technology – all in one […]

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News Release: Gilbane Wins Two 2017 US Air Force Design Awards

Concord, California, January 2, 2018 – The United States Air Force announced that Gilbane, together with their design partners, were the winners of two 2017 design awards for recently completed healthcare projects. Gilbane, along with Sherlock Smith and Adams, received the Honor Award for Facility Design of the Medical Clinic at Holloman AFB. Gilbane, along with […]

News Release: Senior Housing Properties Trust to Realize $308 Million Gain on Sale of Properties

News Release: Senior Housing Properties Trust to Realize $308 Million Gain on Sale of Properties

Senior Housing Properties Trust (Nasdaq: SNH) today announced that it expects to report a gain of approximately $308 million on the sale of four senior living communities. The four communities to be sold are all currently leased to Sunrise Assisted Living, Inc. (“Sunrise”) for terms ending December 31, 2023 (plus tenant extension options through December […]

Tom DeRosa

News Release: Welltower Enters Into Agreement To Acquire Portfolio Of Sunrise Assets

NEWS PROVIDED BY Welltower Inc. 08:00 ET TOLEDO, Ohio, Jan. 2, 2018 /PRNewswire/ — Welltower Inc. (NYSE: HCN) today announced it has entered into a definitive agreement to acquire a portfolio of rental continuing care retirement communities (“CCRCs”). The transaction comprises four communities offering a full continuum of care including independent living, assisted living, memory care and post-acute care concentrated […]

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News Release: Welltower and Hines Announce Joint Venture Partner for Sunrise at East 56th Street

1/2/2018 6:12:00 PM Construction underway for senior living and memory care community NEW YORK AND TOLEDO, OH) – Welltower Inc. (NYSE: HCN), the world leader in healthcare infrastructure, and Hines, the international real estate firm, announced today they have closed with a confidential major institutional investor on a limited partnership interest for the development of Sunrise […]