News Release: MorningStar Senior Living, Confluent Senior Living Begin Construction on Happy Valley Community
MorningStar Senior Living, Confluent Senior Living Begin Construction on Happy Valley Community Project Partners Begin Second Development in Metro Portland Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on a new 83,300-square-foot senior living community in Happy Valley, Ore. Named MorningStar of Happy Valley, the development in the southeastern suburb of Portland will […]
News Release: Texas Health Resources and Adventist Health System to Build New Health Care Campus in Mansfield, Texas
$150 million community hospital and medical office building to open in 2020. Mansfield, Texas, July 12, 2018 (GLOBE NEWSWIRE) — Texas Health Resources and Adventist Health System are building a new health care campus in Mansfield, one of the fastest growing areas of North Texas. Texas Health Hospital Mansfield, scheduled to open in late 2020, […]
News Release: Leading National Healthcare Property Company Acquires $27 Million Rehabilitation Hospital in Texas
The Sanders Trust acquires $27 Million Rehabilitation Hospital in Texas The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, recently announced a $27 million acquisition in Kyle, Texas. Warm Springs Rehabilitation Hospital is a two-story rehabilitation hospital that totals 54,500 rentable square feet and is the only freestanding, licensed rehabilitation hospital […]
News Release: Advocate Aurora Health, Foxconn Announce Comprehensive Health Collaboration
Agreement Aims to Enhance Quality, Care Delivery and Access While Lowering Cost July 12, 2018 Racine County, WI — Advocate Aurora Health and Foxconn Health Technology Business Group announced today a multi-faceted collaboration focused on technology innovations and integration that will drive health care of the future and improve outcomes while lowering costs for individuals and […]
News Release: HFF announces $14.5M financing for two medical office properties in Phoenix
HFF announces financing totaling $14.5 million for 101 Gateway and Paradise Valley Professional, two medical office properties in Phoenix, Arizona. The HFF team worked on behalf of the borrower, Cypress West Partners, to secure two floating-rate acquisition loans through CIT Group Inc.’s Healthcare Finance unit. A $6.7 million, 36-month loan was arranged for 101 Gateway, […]
Thought Leaders: HFF Quarterly Market Perspective
M&A AND STRATEGIC TRANSACTIONS Healthcare REITs Pursuing Strategic Initiatives ▪Board of Directors of CNL Healthcare Properties, ~$3.5 billion MOB and SNH focused REIT, formed a special committee and retained HFF Securities as well as KeyBanc to pursue strategic alternatives, including (i) disposition of the assets and (ii) business combination with a third party, among others […]
News Release: LifeCare partners with JLL to manage operations across 19 hospitals
Partnership prioritizes facility management to enhance the patient experience, reduce costs and mitigate risk through compliance Dallas, July 11, 2018 – With healthcare facilities and infrastructures aging and the potential disruption to patient care and compliance risk, LifeCare Health Partners has decided to engage JLL in a full-scale, integrated facilities management agreement. The five-year agreement includes […]
News Release: Patrick McCurdy, AIA, Joins Hoefer Wysocki to Lead its Midwest Healthcare Practice
Greater Kansas City, MO. – July 11, 2018 – Hoefer Wysocki today announced that Patrick McCurdy, AIA, has joined the firm as Vice President, Healthcare Practice Leader. Patrick brings nearly 30 years of global healthcare expertise in leadership, project management and design excellence. Patrick is passionate about continuous improvement and lean methodology as related to […]
Industry Pulse: Is your HRE business ready to move beyond the boomers?
Millennials are projected to become the largest U.S. population group next year Anyone who has been involved in the healthcare real estate (HRE) business for even a short time understands that one of the primary factors that makes the sector attractive is demographics, specifically the aging of the baby boom generation. That has certainly […]
News Release: Sold – Banner Health Desert Ridge
JLL is pleased to announce the sale of Banner Health Desert Ridge Phoenix, Arizona The property is a +/- 29,350 SF medical office build-to-suit for Banner Health with great visibility along the Loop 101 and within close proximity to State Route 51. The sale closed on June 6, 2018. Seller: Ryan Companies Buyer: Inland Real […]
News Release: Sold – Banner Health Desert Ridge
JLL is pleased to announce the sale of Banner Health Desert Ridge Phoenix, Arizona The property is a +/- 29,350 SF medical office build-to-suit for Banner Health with great visibility along the Loop 101 and within close proximity to State Route 51. The sale closed on June 6, 2018. Seller: Ryan Companies Buyer: Inland Real […]
News Release: Inland Real Estate Acquisitions Closes on Two MOBs in Arizona
Inland Real Estate Acquisitions, LLC Closes the Purchase of Two Medical Office Buildings in Arizona Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of two Swagel Wootton Hiatt Eye Centers, located in Mesa and Chandler, Arizona, approximately 20 miles east of Phoenix. Matthew Tice, senior vice president of Inland […]
News Release: The Hampshire Companies Breaks Ground on New Medical Office Building at Mountainside Medical Center in Glen Ridge
Project will bring 45,375 square feet of state-of-the-art medical office space to Glen Ridge and Montclair in 1Q 2020 Glen Ridge and Montclair, N.J. (July 10, 2018) – A groundbreaking ceremony was held today for a three-story, 45,735-square-foot state-of-the-art medical office building at the former School of Nursing site across from Hackensack Meridian Health Mountainside Medical […]
News Release: Cypress West Adds to AZ Portfolio
Cypress West Partners Acquires 50,040-SquareFoot Phoenix Medical Office Building Rancho Santa Margarita, CA (July 10, 2018) — Cypress West Partners, a Southern California-based healthcare investment, leasing and property management firm, has acquired a class A medical office building in Phoenix in a joint venture with MedProperties Holdings LLC, a national, healthcare-focused real estate private equity firm […]
News Release: Just Sold: BayCare Urgent Care – St. Petersburg
Just Sold: We are pleased to announce the sale of this BayCare Urgent Care located at 2331 4th Street North in St. Petersburg, FL. Headed by LJ Tsunis, the team brought four offers to the table, and carried this asset from listing to close in 60 days. This offering gave the investor the opportunity to […]
