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Seavest Healthcare Properties and Trammell Crow Company are developing a 75,000-square-foot neighborhood facility in Hempfield Township, Pa. for Allegheny Health Network. The facility, located at the intersection of Route 30 (Lincoln Highway) and Agnew Road, offers emergency services in a small-format hospital, plus a full-service cancer center and medical office space.

News Release: Seavest and Trammell Crow Company begin development of Neighborhood Hospital for Allegheny Health Network

The firms are helping to bring expanded emergency services, cancer care and other medical services to Westmoreland County, Pa. HEMPFIELD TOWNSHIP, Pa., and WHITE PLAINS, N.Y., Nov. 27, 2018 – Patients of Allegheny Health Network (AHN), a subsidiary of Highmark Health, will soon have a new convenient, state-of-the-art care option in Hempfield Township, Westmoreland County, […]

News Release: Avison Young negotiates 123,944-sf office building acquisition for Northwest Community Healthcare

News Release: Avison Young negotiates 123,944-sf office building acquisition for Northwest Community Healthcare

Avison Young assists Northwest Community Healthcare (NCH) in the acquisition of a 123,944-sf office building Leading area healthcare provider more than doubles its non-clinical footprint, adds to 500,000-sf Chicago market portfolio Nov. 27, 2018, Chicago, IL – Avison Young announced today that it has negotiated the acquisition of a 123,944-square-foot (sf) office building located at 3040 Salt Creek Lane in […]

News Release: Announcement - $6,000,000 Medical Office Sale in Dayton, OH. - Fairfield Advisors

News Release: Announcement – $6,000,000 Medical Office Sale in Dayton, OH. – Fairfield Advisors

Fairfield Advisors announces the sale of a 4 Medical Office Building Portfolio in Dayton, OH.   – $6,000,000 Transaction –  Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of a 4 Medical Office Building portfolio located in the Dayton, OH-area.  The medical buildings total 46,178 square feet. DaVita Medical […]

BREG Sells Repositioned Maryland Commercial Property; Eyes Local Investment Opportunities (PRNewsfoto/Broe Real Estate Group)

News Release: Broe Real Estate Group Sells Medical Pavilion

Plans to Reinvest in Local Market NEWS PROVIDED BY Broe Real Estate Group  08:08 ET DENVER, Nov. 27, 2018 /PRNewswire/ — Broe Real Estate Group (BREG), a private real estate investment firm headquartered in Denver, CO, confirmed the sale of a 121,789 square foot medical pavilion located at 9601 Blackwell Road in Rockville, MD. Constructed in 2000, Shady Grove Medical Pavilion was […]

News Release: American Healthcare Investors Negotiates Credit Facility of up to $650 Million on Behalf of Griffin-American Healthcare REIT IV

News Release: American Healthcare Investors Negotiates Credit Facility of up to $650 Million on Behalf of Griffin-American Healthcare REIT IV

Irvine, Calif. (Nov. 27, 2018) – American Healthcare Investors, LLC and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT and certain of its subsidiaries have entered into a new credit facility totaling $400 million with Merrill Lynch, Pierce, Fenner & Smith Incorporated, Key Bank Capital Markets and […]

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News Release: Hanley Investment Group Arranges Sale of MedExpress Urgent Care Ground Lease in O’Fallon, Illinois

This transaction marks the fourth single-tenant MedExpress sold by Hanley Investment Group in the last 18 months. CORONA DEL MAR, Calif. – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a single-tenant retail […]

News Release: Capital One provides two loans totaling $329.6 million to refinance two medical office building portfolios

News Release: Capital One provides two loans totaling $329.6 million to refinance two medical office building portfolios

FOR IMMEDIATE RELEASE Capital One Provides $107 Million Loan to Refinance Medical Office Building Portfolio Chicago, Ill. (November 26, 2018) – Capital One announced today that it provided a $107 million adjustable rate loan to refinance a 20-asset medical office building portfolio totaling 789,000 square feet. The borrower is a joint venture owned by Kayne Anderson […]

Transactions: ESJ Capital Partners sells repositioned medical services campus in Tampa, Fla., for $18 million

Transactions: ESJ Capital Partners sells repositioned medical services campus in Tampa, Fla., for $18 million

Washington NJ – A pair of New Jersey-based real estate firms were recently involved in a transaction involving a 106,415 square foot outpatient campus in the planned community of The Village at

Inpatient Projects: Mayo Clinic plans $648 million expansion at its campus in Phoenix, nearly doubling its size

Inpatient Projects: Mayo Clinic plans $648 million expansion at its campus in Phoenix, nearly doubling its size

Phoenix – As demand for its services continues to increase in the Southwest, Rochester, Minn.- based Mayo Clinic has announced plans for a $648 million expansion of its campus in the northern part of Phoenix. The five-year project, known as Arizona Forward,

Industry Pulse: A Stronger Post-Acute Sector Could Benefit HRE

If more health systems acquire post-acute operations, that could benefit the real estate One of the largest publicly traded, healthcare-focused real estate investment trusts (REITs), Toledo based Welltower Inc. (NYSE: WELL), has launched a new report focused on HRE trends and analyses.

Companies & People: Griffin-American Healthcare REIT III reports Q2 operating results; portfolio valued at $3 billion

Companies & People: Griffin-American Healthcare REIT III reports Q2 operating results; portfolio valued at $3 billion

Irvine, CA – Irvine-based Griffin-American Healthcare REIT III Inc. announced its operating results for the second quarter (Q2), when the non-traded real estate investment trust (REIT) achieved an average occupancy of 92.4 percent in its non-RIDEA properties and

Transactions: New Atlanta MOB sells for $83 million

Transactions: New Atlanta MOB sells for $83 million

DOC acquires 12-story Midtown MOB, which is anchored by Northside Hospital By John B. Mugford The sale of a large, newly completed MOB in the heart of Atlanta’s popular Midtown area comes on the heels of several years of diligent work by Atlanta based Northside Hospital Inc. and Realty Trust Group (RTG), a fullservice healthcare […]

Inpatient Projects: Milwaukee-based Froedtert plans a new hospital in the suburb of Mount Pleasant, Wis

Inpatient Projects: Milwaukee-based Froedtert plans a new hospital in the suburb of Mount Pleasant, Wis

Mount Pleasant, Wis. – Froedtert South Hospital in Kenosha, Wis., recently announced plans for a two-story hospital and four-story MOB on a new campus in nearby Mount Pleasant. The future

Post-Acute & Senior Living: Capital One leverages revised HUD rule to provide refinancing for Chicago-area property

Post-Acute & Senior Living: Capital One leverages revised HUD rule to provide refinancing for Chicago-area property

Des Plaines IL. – Bethesda, Md.-based Capital One reports that it recently provided a 35-year, fixed-rate $28.4 million HUD (Housing and Urban Development) loan to refinance a supportive living

Hot Property: 14 MOBs with strong affiliations

Hot Property: 14 MOBs with strong affiliations

Landmark Healthcare Facilities offers 95% occupied, 1.5 million s.f. portfolio Name: Landmark MOB Portfolio Seller: Landmark Healthcare Facilities Number of buildings: 14 Square feet: 1.5 million States: 8 Occupancy: 95 percent Avg. remaining lease: 9 years Brokerage: Healthcare Real Estate Capital (HRE Cap) Lead broker: Jeffrey Cooper So far this year, a number of larger, […]