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News Release: Capital One Closes $36.6 Million Loan to Meridian Senior Living for Acquisition of Ohio Senior Housing Facilities

Capital One Closes $36.6 Million Loan to Meridian Senior Living  for Acquisition of Ohio Senior Housing Facilities Bethesda, Md. (July 25, 2018) – Capital One announced today that it provided a $36.6 million adjustable-rate loan to finance the acquisition of a portfolio of three senior housing communities in Ohio. The properties were developed by Alcore Senior, which […]

Entries now open for sixth annual HREI Insights Awards

Entries now open for sixth annual HREI Insights Awards

Healthcare Real Estate Insights™ magazine announces that entries are now open for the Sixth Annual HREI Insights Awards, recognizing excellence in healthcare real estate. Entries are due Monday, Oct. 1, 2018. About the HREI Insights Awards™ The HREI Insights Awards™ were established by Healthcare Real Estate Insights™ magazine in 2013 to recognize excellence in healthcare real […]

News Release: LaSalle Acquires Memorial Hermann Medical Plaza in Houston

News Release: LaSalle Acquires Memorial Hermann Medical Plaza in Houston

Trophy Medical Office Tower Located in the World’s Largest Healthcare Complex Houston (July 24, 2018) – LaSalle Investment Management (“LaSalle”) announced today that it has acquired Memorial Hermann Medical Plaza (“MHMP” or “the property”), a trophy medical office tower in Houston, on behalf of its U.S. core open-end real estate fund, LaSalle Property Fund (“LPF”). […]

News Release: Hoffman Facility Opening

News Release: Hoffman Facility Opening

Minnewaska Community Health Completes Hoffman Project  Hoffman, Minn., (July 23, 2018) –  Minnewaska Community Health Services (MCHS) is proud to announce the opening of its newest facility, Hoffman Senior Living, which is committed to serving those living in Hoffman, Minn., and the surrounding area. Hoffman Senior Living is a one-story facility offering 10 assisted living units […]

News Release: Capital One Closes $242.7 Million Loan to Recapitalize Seniors Housing Portfolio

Bethesda, Md. (July 23, 2018) – Capital One announced today that it acted as sole lead arranger, sole bookrunner, and administrative agent on a $242.7 million senior secured term loan for a joint venture managed by Seattle based alternative investment firm, Columbia Pacific Advisors. The proceeds were used to facilitate the recapitalization and acquisition of a […]

Thought Leaders: Rapidly evolving health care system drawing   more investors to medical office buildings

Thought Leaders: Rapidly evolving health care system drawing  more investors to medical office buildings

New Avison Young report details changes in health care that are creating opportunities for investors WASHINGTON, DC – Changes in the health care system – despite bringing many unsettling challenges – are spurring even more investment in medical office buildings, says Avison Young Principal Jim Kornick. The nation’s aging population is creating increased demand while […]

Post-Acute & Senior Living: Confluent, Harbor Retirement start work on Memphis, Tenn.-area senior community

Post-Acute & Senior Living: Confluent, Harbor Retirement start work on Memphis, Tenn.-area senior community

Denver-based Confluent Senior Living and Vero Beach, Fla.-based Harbor Retirement Associates (HRA) have started construction on the three-story, 123-unit Harbor Chase of German town assisted

News Release: Nationally Recognized Dreyer Joins Taylor Design

News Release: Nationally Recognized Dreyer Joins Taylor Design

Taylor Design Appoints Laurie Dreyer to Director of Development Irvine, CA (July 20, 2018) — Taylor Design, a strategy-based architecture and interior design firm, has appointed Laurie Dreyer as its Director of Development. In this role, Dreyer will focus on corporate communications, recruitment and overall growth for this 100% employee-owned firm. Dreyer is nationally recognized in […]

News Release: Bull Realty Brokers $10.4 Million Medical Office Building in TN

News Release: Bull Realty Brokers $10.4 Million Medical Office Building in TN

Atlanta (July 19, 2018) — The Healthcare Real Estate Services Group at Bull Realty brokered the sale of the Knoxville Dermatology Group building, a Medical Office Building located on 2.65 acres in Knoxville, TN. The sale closed on July 16, 2018 for $10,400,000. The property is 100% occupied by Knoxville Dermatology Group, who has been […]

News Release: It's a Done Deal: Fieldhome

News Release: It’s a Done Deal: Fieldhome

Raymond James advises Fieldhome on the sale of its Skilled Nursing Facility, Assisted Living Facility and Children’s Day Care Program to Personal Healthcare Net transaction proceeds were contributed to the Field Hall Foundation, which Fieldhome will continue to operate, enabling Fieldhome to continue its mission through the provision of grants to area programs that address […]

News Release: HFF announces $30M sale of and $25M financing for Physicians Medical Center in the Bay Area

News Release: HFF announces $30M sale of and $25M financing for Physicians Medical Center in the Bay Area

HFF announces the $30 million sale of and the $25 million financing for Physicians Medical Center, a 70,705-square-foot, purpose-built medical office building immediately south of San Francisco in Daly City, California. The HFF team represented the seller, Swift Real Estate Partners, and procured the buyer, Pinnacle Capital Management Services (PCMS) and joint venture investment partners, […]

Top: NexCore Group has begun development of the new 40,380 square foot CHI St. Francis Cancer Treatment Center  in Grand Island, Neb.

 

Bottom: Ground was broken July 12 for the new CHI St. Francis Cancer Treatment Center.

News Release: NexCore Breaks Ground for CHI Health St. Francis Cancer Treatment Center

The on-campus, one-story, 40,380 square foot cancer treatment center in Grand Island, Neb., broke ground July 12, and is set to open its doors September 2019 Top: NexCore Group has begun development of the new 40,380 square foot CHI St. Francis Cancer Treatment Center  in Grand Island, Neb.   Bottom: Ground was broken July 12 […]

News Release: Marcus & Millichap arranges the sale of a 3,736-square-foot property type

News Release: Marcus & Millichap arranges the sale of a 3,736-square-foot property type

St Petersburg, Fla., July 18, 2018 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of BayCare Urgent Care, a 3,736-square-foot hospital in St. Petersburg, Fla., according to Ari Ravi, regional manager of the firm’s Tampa office. The […]

Industry Pulse: HTA outlines why it remains bullish on MOBs

Industry Pulse: HTA outlines why it remains bullish on MOBs

Demographics, continued shift to outpatient care, to benefit the company In its latest investor presentation – released last week – Scottsdale, Ariz.-based Healthcare Trust of America Inc. (NYSE: HTA) provides information as to why it, as the largest owner of medical office buildings (MOBs) in the country, remains so bullish on the property type. The investor […]

News Release: Cornerstone Companies Selected as Developer and GC for $17.6 million Goodman Campbell Brain & Spine Facility

News Release: Cornerstone Companies Selected as Developer and GC for $17.6 million Goodman Campbell Brain & Spine Facility

Goodman Campbell Brain & Spine facility underway in Carmel, IN Cornerstone has been selected as the developer and general contractor for a medical office building set to open its doors in May 2019. The two-story, $17.6 million facility will be occupied by Goodman Campbell, a team specializing in physiatry, physical therapy, neurosurgery and spine-related pain […]