News Release: Advocate Aurora Health, Foxconn Announce Comprehensive Health Collaboration

News Release: Advocate Aurora Health, Foxconn Announce Comprehensive Health Collaboration

Agreement Aims to Enhance Quality, Care Delivery and Access While Lowering Cost July 12, 2018 Racine County, WI — Advocate Aurora Health and Foxconn Health Technology Business Group announced today a multi-faceted collaboration focused on technology innovations and integration that will drive health care of the future and improve outcomes while lowering costs for individuals and […]

Thought Leaders: HFF Quarterly Market Perspective

Thought Leaders: HFF Quarterly Market Perspective

M&A AND STRATEGIC TRANSACTIONS Healthcare REITs Pursuing Strategic Initiatives ▪Board of Directors of CNL Healthcare Properties, ~$3.5 billion MOB and SNH focused REIT, formed a special committee and retained HFF Securities as well as KeyBanc to pursue strategic alternatives, including (i) disposition of the assets and (ii) business combination with a third party, among others […]

Patients in a Waiting room

Industry Pulse: Is your HRE business ready to move beyond the boomers?

Millennials are projected to become the largest U.S. population group next year   Anyone who has been involved in the healthcare real estate (HRE) business for even a short time understands that one of the primary factors that makes the sector attractive is demographics, specifically the aging of the baby boom generation. That has certainly […]

News Release: Cypress West Adds to AZ Portfolio

News Release: Cypress West Adds to AZ Portfolio

Cypress West Partners Acquires 50,040-SquareFoot Phoenix Medical Office Building Rancho Santa Margarita, CA (July 10, 2018) — Cypress West Partners, a Southern California-based healthcare investment, leasing and property management firm, has acquired a class A medical office building in Phoenix in a joint venture with MedProperties Holdings LLC, a national, healthcare-focused real estate private equity firm […]

News Release: Just Sold: BayCare Urgent Care - St. Petersburg

News Release: Just Sold: BayCare Urgent Care – St. Petersburg

Just Sold: We are pleased to announce the sale of this BayCare Urgent Care located at 2331 4th Street North in St. Petersburg, FL. Headed by LJ Tsunis, the team brought four offers to the table, and carried this asset from listing to close in 60 days. This offering gave the investor the opportunity to […]

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News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building in Grand Junction, Colorado

GRAND JUNCTION, Colo. (July 9, 2018) – American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired a Class A medical office building in Grand Junction, the largest city in western Colorado, for $31.5 million. Built in 2013, the approximately 83,000-square-foot Grand […]

Transactions: Flagler Investment Holdings of Miami acquires MOB near hospital in Delray Beach, Fla.; NKF brokers the sale

Transactions: Flagler Investment Holdings of Miami acquires MOB near hospital in Delray Beach, Fla.; NKF brokers the sale

DELRAY BEACH, Fla. – Miami-based Flagler Investment Holdings recently acquired the 32,520 square foot Delray Medical Office at 4675 Linton Blvd. in Delray Beach, a city along the Atlantic Ocean. According to healthcare real estate (HRE) research firm Revista, the price was $9.75 million, or $295 per square foot (PSF), for the 75 percent occupied […]

News Release: Inland Real Estate Acquisitions Closes Purchase of Phoenix MOB

News Release: Inland Real Estate Acquisitions Closes Purchase of Phoenix MOB

Inland Real Estate Acquisitions, LLC Closes the Purchase of Phoenix, Arizona Medical Office Building Oak Brook, Ill. (June 29, 2018) – Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of the Banner Health Medical Office Building, located in Phoenix, Arizona. Sharon Anderson-Cox, senior vice president of Inland Real Estate […]

News Release: Cushman & Wakefield Names Shane Funston as Senior Director

News Release: Cushman & Wakefield Names Shane Funston as Senior Director

News Release  Cushman & Wakefield Names Shane Funston as Senior Director Seasoned Industry Professional Bolsters Firm’s Healthcare Advisory Group PHILADELPHIA, Pa., June 29, 2018 – Cushman & Wakefield has named Shane Funston as a senior director of its Commercial Brokerage and Healthcare Advisory groups. Based in the global real estate firm’s Philadelphia office, Funston brings […]

Thought Leaders: LEAP Agency Releases Healthcare Whitepaper Geared Toward Millennials

Thought Leaders: LEAP Agency Releases Healthcare Whitepaper Geared Toward Millennials

A study on how healthcare providers can engage the attention of the Millennial generation. Louisville, Kentucky, June 28, 2018 (Newswire.com) – To succeed in the digital economy, healthcare providers need to start paying more attention to the Millennial generation. Understanding this generation’s perspective and what their needs are is the only way to stay relevant […]

Rendering of Campbell Clinic’s future  facility in Germantown, Tenn.

News Release: Campbell Clinic and Rendina Celebrate Construction Start of 120,000 SF MOB in Germantown, Tenn.

FOR IMMEDIATE RELEASE Media Contact: Steve Barry, 561.630.5055, sbarry@rendina.com GERMANTOWN, Tenn., and JUPITER, Fla., June 27 2018 – Staff members of Campbell Clinic, city officials and representatives from Rendina Healthcare Real Estate gathered to celebrate the groundbreaking of Campbell Clinic’s new 120,000 square foot medical facility on Thursday, May 24. The ceremony was held at the […]

News Release: CNL Healthcare Properties announces special committee,  names financial advisors to consider strategic alternatives

News Release: CNL Healthcare Properties announces special committee, names financial advisors to consider strategic alternatives

News Release (ORLANDO, Fla.) June 26, 2018 — CNL Healthcare Properties, a real estate investment trust (REIT) focused on seniors housing and healthcare facilities, announced today that the board of directors has appointed a special committee of its independent board members to evaluate strategic alternatives to provide liquidity to shareholders, and has now named financial […]

Rendering of Scripps medical office building that is expected to break ground in Oceanside this fall.

News Release: New Scripps Medical Office Building Coming to Oceanside

New Scripps Medical Office Building Coming to Oceanside June 26, 2018 Oceanside Planning Commission approves facility to better serve North County residents Scripps Health will construct a new medical office building in Oceanside. The 85,000-square-foot facility was approved in a unanimous vote Monday by the Oceanside Planning Commission. “We are very pleased to be able to […]

News Release: GE Focuses Portfolio for Growth and Shareholder Value Creation

News Release: GE Focuses Portfolio for Growth and Shareholder Value Creation

June 26, 2018 Company to focus on Aviation, Power and Renewable Energy Healthcare to become standalone company; GE expects to monetize 20% and distribute remaining 80% of GE Healthcare to shareholders tax-free Plans to fully separate Baker Hughes, a GE company (BHGE) Strengthening the balance sheet: Clear path to reduce debt by $25 billion, achieve […]

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News Release: Penn State Health announces plans to build hospital in Cumberland County

New facility would ensure health care access and choice for residents of Cumberland and Perry counties June 26, 2018 Penn State Health News Residents of one of the state’s fastest growing areas will soon have improved health care access and choice close to home when Penn State Health opens a new acute care hospital on […]