Feature Story: The case for investing in HRE remains strong
Panel at Revista conference discusses the pros and cons of the sector SAN DIEGO – As brick and mortar retail stores flounder and pricing for industrial and multi-family properties continues to soar, many investors in recent years have started to look to “niche” commercial real estate (CRE) sectors to round out their portfolios. One of […]
Transactions: Broadstone REIT buys 18 MOBs
Elliott Bay portfolio is being sold in chunks; dialysis centers will close next By John B. Mugford When Seattle-based Elliott Bay Capital Trust LLC put a healthcare real estate (HRE) portfolio on the market in April 2018, it offered 91 single-tenant net-leased (STNL) facilities with a total of 1.02 million square feet in 25 states. […]
News Release: MedSquare Health Breaks Ground Next to Baptist Hospital
AJP Ventures and Mas Group to Host Groundbreaking Ceremony and Press Conference on March 6th at 10 a.m. NEWS PROVIDED BY AJP Ventures Feb 25, 2019, 08:00 ET MIAMI, Feb. 25, 2019 /PRNewswire/ — WHAT: MedSquare Health, a new $40 million Class “A” medical office building located next to Baptist Hospital of Miami by owners and developers AJP Ventures and […]
News Release: Howard Hughes Corporation Awards Leasing Contract to Gittleson Zuppas
The Howard Hughes Corporation® awards leasing contract to Gittleson Zuppas as redevelopment plans for Lakefront District are finalized The Medical Realty Company Will Manage 200,000 Square Feet of Commercial Leasing Space in Downtown Columbia’s Highly Anticipated Lakefront Neighborhood The Howard Hughes Corporation® (NYSE: HHC) announced today that Gittleson Zuppas Medical Realty, Inc. (GZ) has been […]
News Release: Broe Real Estate Group Sells Four Building California Medical Campus
Second major turnaround project in three months positions firm for expanded Colorado investment NEWS PROVIDED BY Broe Real Estate Group Feb 21, 2019, 16:05 ET DENVER, Feb. 21, 2019 /PRNewswire/ — Broe Real Estate Group (BREG), a private real estate investment firm headquartered in Denver confirmed the sale of a four-building 287,539 square foot medical office park located at 1620, 1640, […]
News Release: Jacobson Properties and Cushman & Wakefield/Pyramid Brokerage Company of Binghamton announce the sale of the New York State Medical Office Portfolio for $45 Million
Lisa Menin of Jacobson Properties and Leo Jones of Cushman & Wakefield/Pyramid Brokerage Company of Binghamton are pleased to announce the sale of the New York State Medical Office Portfolio, composed of 5 institutional grade medical office properties located in the Capital Region and Hudson Valley of New York State. The Portfolio is anchored by […]
News Release: D’Agostino Companies to develop medical office building in Sugar Land, Texas
Transwestern today announces it has been retained to provide leasing services on behalf of D’Agostino Companies for a medical office development at 6921 Brisbane Court in Sugar Land, Texas. Transwestern Executive Vice President Justin Brasell and Senior Leasing Associate Christian Connell are providing healthcare leasing services for the 38,800-square-foot project within the Telfair master-planned community. Construction is […]
News Release: MedCore Partners and The National Realty Group (TNRG) Announce the Start of Construction on Fountainwood at Lake Houston, a Senior Living Community near Lake Houston
MedCore Partners and TNRG announce the commencement of construction on a 7-acre site on the northeast corner of W. Lake Houston Parkway and Will Clayton Parkway for a 190-unit senior living community. Situated just off the shores of Lake Houston and offering premier senior living services to the northeast Houston sector, Fountainwood at Lake Houston […]
News Release: Final Steel Beam Put in Place at AHN Hempfield—Neighborhood Hospital
Wednesday, February 20, 2019 HEMPFIELD TOWNSHIP, Pa. – Marking a key milestone in the development of the new small-format hospital being built in Westmoreland County, construction crews on Thursday will lift into place the final steel beam at AHN Hempfield—Neighborhood Hospital. The hospital is expected to open its doors later this year. The nearly 79,000-square-foot facility – located […]
News Release: Blake Williams Named Chief Operating Officer For Healthcare Advisory Services
(Feb. 20, 2019 – houston) – Transwestern Commercial Services (TCS) today announces Blake Williams has been promoted to Chief Operating Officer, Healthcare Advisory Services to drive innovation across the Transwestern enterprise. In this newly created role, he will coordinate business development efforts, streamline project execution and ensure consistent service delivery for healthcare clients nationally. Based […]
News Release: From multiplex to medical: PMB plans May completion of adaptive reuse of movie theater in Goodyear, Ariz.
FOR IMMEDIATE RELEASE The leading national healthcare real estate owner and developer is converting a 1980s era cinema into the modern new 50,000 square foot Palm Valley Medical Center PMB is converting the former Dickinson Palm Valley 14 movie theater (bottom) in Goodyear, Ariz., into the 50,000 square foot Palm Valley Medical Center (top). GOODYEAR, […]
News Release: Portfolio Investment in Sacramento Launches a New Market for Anchor and Crosses $1 billion in New Investments
FOR IMMEDIATE RELEASE February 18, 2019 (Wilmington, DE) Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has completed the acquisition of a four building medical office portfolio in Sacramento, California through a joint venture with an affiliate of Morgan Stanley Real Estate. With […]
News Release: Healthcare Trust of America, Inc. Reports 2018 Results And 2019 Earnings Guidance
Record Earnings Per Share of $1.02 for 2018 2.5% Same-Property Cash NOI Growth, including 2.7% Growth in Q4 2018 5.4x Net Debt/Adjusted EBITDAre and $1.1 Billion in Liquidity Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the quarter and year ended December 31, 2018. “In 2018, HTA demonstrated its ability to execute in all […]
News Release: Stan Johnson Company Arranges Sales of St. Vincent Medical Group Facility in Middletown, Indiana
Stan Johnson Company, one of the nation’s premier net lease brokerage firms, has completed the sale of a free-standing 3,800-square-foot healthcare building occupied by St. Vincent Medical Group. At 602 North 5th Street in Middletown, Indiana, the facility is strategically located 15 miles southwest of Muncie, Indiana and only one hour from Indianapolis. The property […]
Thought Leaders: How is Healthcare M&A Activity Impacting Real Estate Strategy?
Healthcare M&A activity and the impact on real estate strategy In 2017, we saw the beginning stages of major consolidation and change. 2018 followed a similar path as healthcare M&A activity continued to increase. Large scale acquisitions impacting regional and national healthcare delivery were announced and some were finalized. Mega-deals like CVS-Aetna and competing for […]