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News Release: Location and size of Lutheran Downtown Hospital finalized

News Release: Location and size of Lutheran Downtown Hospital finalized

Construction kickoff for $120 million project expected summer 2019 FORT WAYNE, Ind. (Dec. 19, 2018) – Lutheran Health Network announced Wednesday details for St. Joseph Hospital’s replacement facility, which will ultimately be called Lutheran Downtown Hospital. Situated at the southwest corner of Main and Van Buren, the 60-bed acute care hospital will be built across […]

New Release: Davis closes two fourth quarter medical office acquisitions to cap a successful 2018

New Release: Davis closes two fourth quarter medical office acquisitions to cap a successful 2018

News Release National healthcare real estate firm acquired 220,000 SF of medical office buildings this year and developed three more totaling 81,000 SF for a total cost of $104.4 million MINNEAPOLIS, Dec. 19, 2018 – Minneapolis-based Davis is ending 2018 with a bang. The national healthcare real estate (HRE) development, property management, brokerage and investment firm […]

Michael Bennett

News Release: Cadence Capital Partners and MRXE Capital Markets complete merger

Newly combined firm now goes by the Cadence name, bringing together 40 years of combined commercial real estate equity, debt and investment sales experience, with an expanded team and offices in Denver and Chicago DENVER and CHICAGO, Dec. 19, 2018 – Commercial real estate veterans Michael Bennett and Jay Soave have merged their firms, creating […]

News Release: White Oak Healthcare Finance Acquires Capital One Healthcare Real Estate Portfolio

December 19, 2018 09:00 AM Eastern Standard Time CHICAGO & NEW YORK–(BUSINESS WIRE)–White Oak Healthcare Finance (“White Oak” or “WOHCF”) today announced it acquired an approximate $700 million portfolio of skilled nursing and seniors housing loans from Capital One Healthcare (“Capital One”) and its participant banks. Capital One provided debt financing for the transaction. Financial […]

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Industry Pulse: Healthcare real estate demand like to remain strong in 2019

Experts still upbeat about HRE despite stock volatility and recession talk  SCOTTSDALE, Ariz. – As the domestic and global stock markets continue to show plenty of volatility, with an economic slowdown potentially on the horizon, investors continue to look for safe places to put their money. One such place is healthcare real estate (HRE), particularly […]

News Release: PMB completes rehab hospital conversion

News Release: PMB completes rehab hospital conversion

The firm’s $18.9 million transformation of a former LTAC has created a new 44-bed inpatient rehab facility for Community Health Network and Kindred Healthcare in suburban Indianapolis Indianapolis and San Diego, Dec. 18, 2018 – PMB, one of the leading and most experienced developers focused exclusively on the continuum of care, has announced the completion […]

Sunnyvale Medical Plaza (PRNewsfoto/MedCore Partners)

News Release: MedCore Partners Breaks Ground on New Multi-Tenant Medical Office Building in Sunnyvale, TX.

December 18, 2018 – MedCore Partners, a national healthcare real estate development and brokerage firm headquartered in Dallas, TX, just announced the groundbreaking of its latest project, “Sunnyvale Medical Plaza.” Located in Long Creek Crossing at 490 US HWY 80 in Sunnyvale, Texas, the new medical office building will consist of 22,633 square feet on […]

News Release: PMB completes Superior Medical Center

News Release: PMB completes Superior Medical Center

The four-story, 60,000-square-foot facility also just won a national HREI Insights Award as the best medical office development of its size for 2018 Denver and San Diego, Dec. 17, 2018 – PMB, one of the nation’s leading medical real estate developers has announced the completion of Superior Medical Center (SMC), a four-story, 60,000-square-foot destination health […]

News Release: Flagship Healthcare Trust Completes North Carolina Acquisition

News Release: Flagship Healthcare Trust Completes North Carolina Acquisition

For Immediate Release CHARLOTTE, NC – December 17, 2018  –  Flagship Healthcare Properties (“Flagship”) announced today on behalf of its private REIT, Flagship Healthcare Trust, Inc. (“Flagship REIT”), that the REIT has acquired a Class A medical office building (“MOB”) in Concord, North Carolina. Located at 66 Concord Lake Road, directly across from Carolinas Healthcare System NorthEast, […]

News Release: MSU and McLaren break ground on new hospital; research partnership

News Release: MSU and McLaren break ground on new hospital; research partnership

Officials from McLaren Health Care and Michigan State University today held a ceremonial groundbreaking at University Corporate Research Park, the next step in building a new $450 million health care campus adjacent to the university in South Lansing. The event marked the beginning of construction on the acute care hospital portion of the project. Design […]

News Release: Meridian Purchases 26,000 SF Medical Office Building in Torrance, Calif.; Transaction represents Meridian’s 5th acquisition in 2018

News Release: Meridian Purchases 26,000 SF Medical Office Building in Torrance, Calif.; Transaction represents Meridian’s 5th acquisition in 2018

FOR IMMEDIATE RELEASE:  Meridian Purchases 26,000 SF Medical Office Building in Torrance, Calif. *  *  * Transaction represents Meridian’s 5th acquisition in 2018 NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a 26,000-square-foot […]

News Release: NexCore Group wins HREI Insights Award™ for innovative new CHI Health Clinic Valley View

News Release: NexCore Group wins HREI Insights Award™ for innovative new CHI Health Clinic Valley View

This marks the fifth time in six years that the Denver-based firm has won one of the prestigious national awards, which were presented by Healthcare Real Estate Insights magazine in Scottsdale, Ariz., Dec. 6 Denver and Council Bluffs, Iowa, Dec. 14, 2018 – For developing an innovative new healthcare clinic that both satisfies immediate needs […]

News Release: Ceruzzi and Redco Develop 25,000-SF Medical Office Building for Hartford HealthCare in Stonington, CT

News Release: Ceruzzi and Redco Develop 25,000-SF Medical Office Building for Hartford HealthCare in Stonington, CT

Ceruzzi Holdings LLC is pleased to announce the purchase of approximately four acres of land in Stonington, Connecticut in conjunction with Readco, LLC. In August 2018, Ceruzzi and Readco received approvals for the development of a 25,000-square-foot medical office building for Hartford HealthCare at 350 Liberty Street (Route 2), near the Rhode Island border. Construction […]

News Release: Will James of NorthMarq Capital’s Atlanta office secures $5.719 million acquisition financing of Wake Forest Baptist Surgery Center in Clemmons, North Carolina

News Release: Will James of NorthMarq Capital’s Atlanta office secures $5.719 million acquisition financing of Wake Forest Baptist Surgery Center in Clemmons, North Carolina

Atlanta (December 13, 2018) – Will James, vice president of NorthMarq Capital’s Atlanta regional office arranged acquisition financing of $5.719 million for Wake Forest Baptist Surgery Center, a 12,500 sq. ft. surgery center located in Clemmons, North Carolina. The transaction was structured with a 5-year term with 4-years of interest only followed by a 30-year […]

News Release: CIT Completes Financing for Three Medical Office Buildings in Tennesse

News Release: CIT Completes Financing for Three Medical Office Buildings in Tennesse

NEWS PROVIDED BY CIT Group Inc.  Dec 13, 2018, 09:00 ET NEW YORK, Dec. 13, 2018 /PRNewswire/ — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Financebusiness, part of CIT’s Commercial Finance division, served as sole lead arranger of $21.4 million in senior secured credit facilities for Virtus Real Estate Capital, a private equity real estate firm that focuses on cycle-resilient alternative property […]