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News Release: Senior Housing Properties Trust Announces a Name Change to Diversified Healthcare Trust

December 30, 2019 Company Common Shares to Trade Under the Ticker “DHC” Beginning January 2, 2020 NEWTON, Mass.–(BUSINESS WIRE)– Senior Housing Properties Trust (Nasdaq: SNH), today announced that it will change its name to “Diversified Healthcare Trust” effective January 1, 2020 at 12:02 a.m. SNH’s common shares will continue to be listed for trading on the […]

News Release: Flagship Healthcare Properties Expands Footprint in Little Rock, Arkansas

News Release: Flagship Healthcare Properties Expands Footprint in Little Rock, Arkansas

NEWS RELEASE FOR IMMEDIATE RELEASE Commercial healthcare real estate firm adds Chenal Medical Pavilion to its portfolio as second acquisition in Little Rock this year CHARLOTTE, N.C. (December 30, 2019) — Flagship Healthcare Properties (Flagship) announces its acquisition of Chenal Medical Pavilion, a 42,636-square-foot medical office building (MOB) in Little Rock, Arkansas. The building is located at 16115 […]

News Release: Medistar Corporation announces development of Medical Behavioral Hospital of Clear Lake in Houston, TX

News Release: Medistar Corporation announces development of Medical Behavioral Hospital of Clear Lake in Houston, TX

FOR IMMEDIATE RELEASE HOUSTON, TX – December 23, 2019 – Medistar Corporation (“Medistar”) is pleased to announce the development of Medical Behavioral Hospital of Clear Lake that will be operated by NeuroPsychiatric Hospitals (“NPH”). At full operation, the 92-bed hospital is projected to have up to 200 employees and approximately 18 providers in psychiatry, internal […]

News Release: Closing Announcement - The Park Huntersville

News Release: Closing Announcement – The Park Huntersville

Closing Announcement The Park Huntersville JLL is pleased to announce the sale of The Park Huntersville. Size: 395,586 SF Location: Huntersville, NC (Charlotte MSA) Seller: OA Development Buyer: Healthcare Trust of America For more information, contact: ZACK DROZDA Director 704.526.2812 zack.drozda@am.jll.com RYAN CLUTTER Senior Managing Director 704.526.2805 ryan.clutter@am.jll.com CHRIS LINGERFELT Senior Director 704.526.2808 chris.lingerfelt@am.jll.com JLL (NYSE: JLL) […]

News Release: Quantum Real Estate Advisors, Inc. brokers sale of a single tenant medical building in Akron, OH

News Release: Quantum Real Estate Advisors, Inc. brokers sale of a single tenant medical building in Akron, OH

FOR IMMEDIATE RELEASE Chicago, IL (December 20, 2019) – Quantum Real Estate Advisors, Inc. has brokered the sale of a single-tenant medical building located at 999 North Main Street in Akron, OH. The property sold for $970,000. At the time of sale, the property was 100% occupied by BrightView Health, a behavioral health clinic specializing […]

News Release: Flagship Healthcare Properties Announces Acquisition in Hickory, North Carolina

News Release: Flagship Healthcare Properties Announces Acquisition in Hickory, North Carolina

NEWS RELEASE FOR IMMEDIATE RELEASE                                       Commercial healthcare real estate firm acquires medical office building and ambulatory surgery center CHARLOTTE, N.C. (December 20, 2019) – Flagship Healthcare Properties (Flagship) announces the addition of a 45,390-square-foot, Class A […]

News Release: Montecito Medical Acquires Surgery Center in Virginia

News Release: Montecito Medical Acquires Surgery Center in Virginia

FOR IMMEDIATE RELEASE December 20th, 2019 Nashville, Tenn. — Montecito Medical Real Estate, a leading owner of medical office buildings throughout the U.S., has finalized the acquisition of a premier medical office building and surgery center in Goochland, Virginia. The property, with just under 70,000-square-feet, is 86 percent-occupied. The building’s anchor tenant is the MEDARVA Stony […]

News Release: Gantry Arranges $60,000,000 in Financing for Pair of NE Medical Assets

News Release: Gantry Arranges $60,000,000 in Financing for Pair of NE Medical Assets

FOR IMMEDIATE RELEASE Davis Square Morristown Plaza Transaction Details •  Loan Amount: $60,000,000 Combined •  $31,000,000 Davis Square Center •  $29,000,000 Morristown Plaza •  Financing Type: Permenent             •  Property Description: Medical Office •  Term: 5-Years (both)   $60,000,000 in Financing Arranged for Pair of NE Medical Assets Morristown, NJ & Somerville, MA, (December 19, 2019) – Gantry […]

Thought Leaders: Behavioral health bucks the trend in inpatient care

Thought Leaders: Behavioral health bucks the trend in inpatient care

JLL Healthcare Capital Markets Behavioral health perspectives December 2019 The demand for behavioral treatment is growing – and inpatient admissions along with it Growth in U.S. Inpatient Admissions, 2013 and 2017                   Source: Health Care Cost Institute Key points: Inpatient behavioral treatment is the exception to the […]

News Release: Just Closed - 9-Building Medical Office Portfolio

News Release: Just Closed – 9-Building Medical Office Portfolio

CBRE Capital Markets | Healthcare Just Closed: 9-Building Medical Office Portfolio Illinois, Minnesota, Pennsylvania, Virginia CBRE announced that it has completed the sale and financing of a nine-building medical office portfolio totaling approximately 470,000 square feet located in four states. Chris Bodnar, Lee Asher, Ryan Lindsley and Jordan Selbiger of CBRE’s Healthcare Capital Markets team served as […]

News Release: Innovation center inks new lease at Phoenix Biomedical Campus

News Release: Innovation center inks new lease at Phoenix Biomedical Campus

Center For Entrepreneurial Innovation Signs 10-Year Lease At Phoenix Biomedical Campus Transwestern Spearheads Leasing Efforts for Wexford Science + Technology (DEC. 19, 2019 – Phoenix, Ariz.) – Wexford Science + Technology and Transwestern Commercial Services (TCS) today announce the Center for Entrepreneurial Innovation – Maricopa Community College (CEI) has signed a 10-year lease for 6,500 […]

News Release: Caddis wins HREI senior living award for an unprecedented consecutive third year

News Release: Caddis wins HREI senior living award for an unprecedented consecutive third year

FOR IMMEDIATE RELEASE Heartis Village Brookfield near Milwaukee was the firm’s third new senior living community in a row to win the magazine’s prestigious national award for excellence The award-winning, Caddis-developed Heartis Village Brookfield senior living community (top). Caddis executives accepted the HREI award for the new senior development (bottom). Pictured, left to right, are […]

News Release: Rendina’s Bristol Health Medical Care Center Wins HREI Insights Award

News Release: Rendina’s Bristol Health Medical Care Center Wins HREI Insights Award

JUPITER, Fla., Dec. 18, 2019 – Healthcare Real Estate Insights (HREI) Magazine has named the Bristol Health Medical Care Center the Best New Medical Office Building and Outpatient Facility in the 50,000 – 99,999 square feet category. Mike Noto, Chief Strategy Office at Rendina and winner of the 2018 HREI Insights Awards Lifetime Achievement Award, […]

HREI Publisher Murray W. Wolf (left) congratulates NexCore Co-Founder and CEO Greg Venn, who was named Healthcare Real Estate Executive of the Year at the 2019 HREI Insights Awards in Scottsdale, Ariz.

News Release: NexCore’s Greg Venn named HREI’s 2019 Healthcare Real Estate Executive of the Year

FOR IMMEDIATE RELEASE The leader of the national healthcare real estate developer was bestowed the top honor before industry peers at the prestigious annual HREI Insights Awards ceremony in Scottsdale, Ariz. DENVER, Dec. 18, 2019 – Denver-based NexCore Group, a national healthcare real estate (HRE) developer, has announced that its Co-Founder and CEO Greg Venn […]

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Feature Story: The ‘state of HRE’ is pretty darn good

Panel of industry experts foresees continued strength in the healthcare space By John B. Mugford It sure seems that people’s opinions have changed about whether the country is headed toward an  economic downturn by the end of 2020, as had been predicted at various times during the past couple of years. As a result, optimism […]