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News Release: Medical Office Debt Placement - $96M Non-Recourse Financing

News Release: Medical Office Debt Placement – $96M Non-Recourse Financing

MEDICAL OFFICE DEBT PLACEMENT $96,000,000 Non-Recourse Financing of a Core Medical Office Portfolio Lender: Commercial Bank Loan Amount: $96,000,000 Fixed Rate: 1.15% over 10-year Treasury Loan Term: Ten Year Amortization: Full Term Interest Only Guarantee: Non-Recourse CBRE U.S. Healthcare Capital Markets and Debt & Structured Finance secured a $96,000,000 permanent loan to finance a 490,000 […]

For Sale: Flagship Medical Office Portfolio | 335,864 RSF

For Sale: Flagship Medical Office Portfolio | 335,864 RSF

Flagship Medical Office Portfolio JLL is pleased to offer for sale a high-quality and diverse portfolio of 8 healthcare properties in the southeastern United States with 335,864 rentable square feet. The multi-state portfolio contains predominantly multi-tenant buildings aligned with market-leading not-for-profit and for-profit health systems as well as leading physician groups. The portfolio is 83% […]

For Sale: HSA PrimeCare Medical Office Portfolio | 143,228 RSF

For Sale: HSA PrimeCare Medical Office Portfolio | 143,228 RSF

HSA PrimeCare Medical Office Portfolio JLL is pleased to offer for sale a high-quality and diverse portfolio of 4 healthcare properties in the midwestern United States with 143,228 rentable square feet. The Class A, multi-state portfolio is well leased at 94% to a mix of healthcare systems and leading physician groups. All buildings were developed after […]

News Release: Mayo Clinic, Pontiac Land collaborating to expand patient care and hospitality in Rochester

News Release: Mayo Clinic, Pontiac Land collaborating to expand patient care and hospitality in Rochester

September 18, 2018 ROCHESTER, Minn. — Mayo Clinic and Pontiac Land Group today announced plans to expand the Gonda Building on Mayo’s Rochester campus to support the growing need for additional clinical space, and to offer patients and visitors to the community a premier hospitality experience. The Mayo collaboration with Pontiac Land, a Singapore-based real estate developer, will […]

News Release: Leasing for 82,000 SF Gwinnett medical building awarded to Transwestern

News Release: Leasing for 82,000 SF Gwinnett medical building awarded to Transwestern

Transwestern to lease Gwinnett Medical Office Building in Atlanta’s surging healthcare market Transwestern’s Growing Healthcare Advisory Team Markets Property in Lawrenceville, GA (Sept. 17, 2018 – Atlanta) – Transwestern’s Atlanta office today announces it has been named the exclusive leasing agent of an 82,000-square-foot building at 575 Professional Dr. in Lawrenceville, Georgia, at the entrance […]

News Release: The Neenan Company Completes Barton Center for Orthopedics & Wellness in South Lake Tahoe, Calif.

News Release: The Neenan Company Completes Barton Center for Orthopedics & Wellness in South Lake Tahoe, Calif.

FOR IMMEDIATE RELEASE September 17, 2018 The Neenan Company Completes Barton Center for Orthopedics & Wellness in South Lake Tahoe, Calif. SOUTH LAKE TAHOE, CALIF. — Colorado-based design-build firm The Neenan Company is proud to announce its completion of the Barton Center for Orthopedics & Wellness in South Lake Tahoe, Calif. Located in the Robert Maloff Center on […]

News Release: Cushman & Wakefield Inks Three Medical Leases in Franklin Lakes, NJ

News Release: Cushman & Wakefield Inks Three Medical Leases in Franklin Lakes, NJ

Cushman & Wakefield Inks Three Medical Office Leases in Franklin Lakes, N.J. at the New 32,500-SF Franklin Lakes Towne Square 794 Franklin Ave. the Only New Building in Bergen County Designed for Medical-Retail Mix FRANKLIN LAKES, N.J., Sept. 14, 2018 – Three new medical office tenants have leased space at Gabrellian Associates’ new mixed-use building […]

News Release: CIT Serves as Administrative Agent and Lead Arranger on $144 Million Senior Secured Credit Facilities for Bristol Hospice LLC

NEW YORK — Sept. 13, 2018 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as administrative agent and lead arranger for a $115 million first lien credit facility and sole lead arranger for a $29 million second lien credit facility on behalf of Bristol Hospice LLC to finance the acquisition […]

News Release: Artificial Intelligence in Healthcare to Reach $6.16 by 2022

News Release: Artificial Intelligence in Healthcare to Reach $6.16 by 2022

AI and cognitive computing are expected to generate over $150 billion in savings for the healthcare industry, finds Frost & Sullivan Santa Clara, Calif. – September 13, 2018 – Frost & Sullivan expects artificial intelligence (AI) and cognitive computing to generate savings of over $150 billion for the healthcare industry by 2025. These technologies are mostly used in healthcare […]

News Release: Northern California, Healthcare Advisory Group

News Release: Northern California, Healthcare Advisory Group

Recent Sale | 6403 Coyle Avenue Colliers NorCal Healthcare team closes on a 33,640 SF medical office building on the Mercy San Juan Hospital campus in Carmichael, CA. Bill Swettenham Sr Vice President Dir +1 916 563 3082 bill.swettenham@colliers.com License No. 00866455 Eric Ortiz Vice President Dir +1 916 563 3095 eric.ortiz@colliers.com License No. 01821549 […]

News Release: Newmark Knight Frank Global Healthcare Services

News Release: Newmark Knight Frank Global Healthcare Services

RECENTLY SOLD: Glendale Medical Building Farmington Hills, MI Total SF: 44,558 SF Medical Office Building Selling Price: $14,250,000 Sale Date: 8/28/2018 Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com Dana Hamric Managing Director Global Healthcare Services 404.806.2513 dhamric@ngkf.com Bryan Walsh Associate Director Global Healthcare Services 312.224.3962 bwalsh@ngkf.com Garth Hogan Executive Managing Director […]

News Release: NEXT Oncology signs 20,000 SF lease in San Antonio

News Release: NEXT Oncology signs 20,000 SF lease in San Antonio

Next Oncology Signs 11-Year 19,948 SF Lease at Medical Center Tower I on Christus Santa Rosa Campus NEXT Oncology establishes research center in the medical tower; lease renewals also signed with Christus Santa Rosa Health Care. San Antonio, September 13, 2018 – NEXT Oncology has signed an 11-year, 19,948-square-foot lease at Medical Center Tower I, located on […]

News Release: Exclusive - Atlantic Health System Campus

News Release: Exclusive – Atlantic Health System Campus

HFF announces the sale of the 538,107 square foot Atlantic Health System Campus in Morristown, New Jersey Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of the Atlantic Health System Campus, a 538,107 square foot, three-building, Class A medical office complex in Morristown, New Jersey. The HFF team represented the seller, National Business Parks, Inc., […]

News Release: Mark Furlan Press Release for HREI

News Release: Mark Furlan Press Release for HREI

Pappas Properties LLC Hires Former DASCO Executive August 31, 2018- Charlotte, N.C. – Pappas Properties, LLC announces the recent addition of seasoned healthcare developer Mark J. Furlan to the team. Mark will lead the Healthcare Development division of the group and be based in Pappas’s headquarters located in Charlotte, N.C. According to Peter Pappas, Managing […]

News Release: Skilled Nursing Occupancy Hits Record Low

News Release: Skilled Nursing Occupancy Hits Record Low

Skilled Nursing Occupancy Dips to 81.7 Percent, a new Record Low Occupancy decline attributed to major policy and business trends including competition and pressure from Medicare Advantage Annapolis, Md. (September 12, 2018)—Occupancy rates at skilled nursing facilities across the United States continue to fall in urban and rural areas, hitting a new record low of […]