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News Release: HFF closes sale of Lakeshore Medical Center in Chicago

News Release: HFF closes sale of Lakeshore Medical Center in Chicago

CHICAGO, IL – March 20, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Lakeshore Medical Center, a 135,093-square-foot medical office building (MOB) located on Lake Shore Drive in Chicago, Illinois. HFF marketed the Class A MOB on behalf of the seller, a partnership between CarVal Investors and Zeller Realty Group, and procured […]

News Release: Cadence Capital Partners opens new office in the Minneapolis-St. Paul area

News Release: Cadence Capital Partners opens new office in the Minneapolis-St. Paul area

Growing equity and debt intermediary with offices in Denver and Chicago opens a third regional office to focus on connecting capital providers to capital users in the Twin Cities area and throughout the Midwest DENVER, CHICAGO and MINNEAPOLIS, March 20, 2019 – Cadence, a growing capital markets intermediary with a primary focus on raising equity […]

The "Trends and Market Forces" panel at InterFace Healthcare West included (from left to right): moderator Todd Varney of NexCore, Carl Nelson of Orcutt | Winslow, Neil Carolan of Rendina, Jake Dinnen of PMB, Nancy Moses of Trammell Crow and John Grossman of Millie and Severson. (HREI photo)

Feature Story: Development on the rise

Panelists at InterFace Healthcare West talk about the market, trends and the future By John B. Mugford In the years since the Great Recession, the amount of medical office building (MOB) development has remained relatively steady, according to at least a couple of sources. And yet, during a panel session last week concerning healthcare real […]

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News Release: JLL to Accelerate Growth in Capital Markets Business Through Acquisition of HFF

HFF capabilities will significantly bolster JLL’s full-service Capital Markets business Combination will create an industry-leading Capital Markets platform NEWS PROVIDED BY JLL-IR  Mar 19, 2019, 08:00 ET CHICAGO and DALLAS, March 19, 2019 /PRNewswire/ — Jones Lang LaSalle Incorporated (NYSE: JLL) and HFF, Inc. (NYSE: HF) today announced that they have entered into a definitive agreement under which JLL will acquire all the […]

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News Release: HFF arranges $40.84M financing for 2 single-tenant medical office buildings in Wisconsin and Oklahoma

SAN DIEGO, CA – March 18, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged financing totaling $40.84 million for two single-tenant medical office buildings: Aurora Health Center in Wauwatosa, Wisconsin, and Tulsa Spine and Specialty Hospital in Tulsa, Oklahoma. HFF worked on behalf of the borrowers, to secure 10-year, fixed-rate acquisition […]

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News Release: MidCap Financial Closes First Mortgage Loan on a Medical Office Building in San Francisco, CA

PRESS RELEASE BETHESDA, MD, March 18, 2019 – MidCap Financial (“MidCap”), a leading commercial finance company focused on middle market transactions, today announced that it closed a transaction with Seavest Healthcare Properties LLC (“Seavest”), a real estate investment management firm focused on the medical office and outpatient facility sector.  In June 2018, MidCap provided a […]

News Release: Realty Trust Group Announces New Brand Identity with Redesigned Logo and Website

News Release: Realty Trust Group Announces New Brand Identity with Redesigned Logo and Website

Realty Trust Group Announces New Brand Identity with Redesigned Logo and Website Realty Trust Group (RTG), a leading national healthcare real estate firm, announced today the launch of its new corporate brand identity, redesigned logo, new tagline, and website to showcase their expertise as a leading healthcare real estate resource for hospitals, health systems, and […]

The 80,000 square foot Mercy Gilbert Medical Plaza II, being developed by PMB on the Dignity Health Mercy Gilbert Medical Center campus, is 100 percent committed.

News Release: PMB joins forces with Dignity Health once again to develop MOB in suburban Phoenix

San Diego-based healthcare real estate firm is developing the 80,000 square foot Mercy Gilbert Medical Plaza II on the Dignity Health Mercy Gilbert Medical Center campus in Gilbert, Ariz. GILBERT, Ariz., March 13, 2019 – PMB, one of the nation’s leading real estate owners and developers across the continuum of care, is in the midst […]

News Release: NexCore Group hires healthcare executive Ian Wong as Executive Vice President, Operations

News Release: NexCore Group hires healthcare executive Ian Wong as Executive Vice President, Operations

Mr. Wong will oversee the growing healthcare real estate developer’s operational teams as the firm continues to meet robust growth targets and strategic objectives DENVER, March 13, 2019 – National healthcare real estate developer NexCore Group announced today that Ian Wong has joined its firm as Executive Vice President, Operations. Mr. Wong joins the growing […]

The Synergy team includes (from left to right): Matthew O’Keefe, Eric Mayer and Patrick Giordana.

News Release: Davis forms strategic partnership with new healthcare-focused Synergy Architecture

National healthcare real estate firm aligns with experienced healthcare architectural team to enhance customer service and increase responsiveness MINNEAPOLIS, March 13, 2019 – Davis announced today a partnership with the newly created Synergy Architecture Studio LLC, an architectural services firm specifically focused on the healthcare industry. Patrick Giordana, AIA, formerly with bdh + young, is […]

Outpatient Projects: An MOB project that was worth the risk

Outpatient Projects: An MOB project that was worth the risk

Seavest did its homework and is now leasing its converted MOB in San Francisco SAN FRANCISCO – Embarking on any type of commercial real estate (CRE) project in San Francisco can be a difficult task fraught with risk, be it for a new ground-up development or the repurposing of an existing building to a new […]

News Release: Seavest gains approval for major downtown San Francisco medical office conversion

News Release: Seavest gains approval for major downtown San Francisco medical office conversion

Healthcare real estate firm clears the last major hurdle facing its plan to repurpose the seven-story, 119,262 square foot 939 Ellis building in the high-profile Van Ness Corridor  SAN FRANCISCO and WHITE PLAINS, N.Y., March 11, 2019 – When Seavest Healthcare Properties LLC decided to acquire its first property in San Francisco – 939 Ellis […]

News Release: Flagship Healthcare Properties Completes Development of Medical Office Building in Cajah’s Mountain, N.C.

News Release: Flagship Healthcare Properties Completes Development of Medical Office Building in Cajah’s Mountain, N.C.

NEWS RELEASE FOR IMMEDIATE RELEASE Flagship Healthcare Properties Delivers Medical Office Building to Caldwell UNC Health Care CHARLOTTE, N.C. (March 11, 2019) — Flagship Healthcare Properties (Flagship) is pleased to announce the completed construction of an 11,000-square-foot medical office building (MOB) for Caldwell UNC Health Care (Caldwell), located on Connelly Springs Road in Cajah’s Mountain, N.C. […]

News Release: Le Bonheur Children's Hospital to expand Heart Institute

News Release: Le Bonheur Children’s Hospital to expand Heart Institute

Two-story, $37.6-million dollar expansion to create a 31-bed dedicated Cardiovascular Unit NEWS PROVIDED BY Le Bonheur Children’s Hospital  Mar 05, 2019, 17:25 ET MEMPHIS, Tenn., March 5, 2019 /PRNewswire/ — Le Bonheur Children’s Hospital will expand its Heart Institute with a two-story, $37.6 million addition. This expansion will add 19 additional beds to the Heart Institute to create a 31-bed […]

News Release: Beaumont Health identifies comprehensive outpatient care campus location in Macomb County (Mich.)

News Release: Beaumont Health identifies comprehensive outpatient care campus location in Macomb County (Mich.)

Tuesday, March 05, 2019 Beaumont Health has identified a property to develop a new, comprehensive outpatient care campus in Macomb County (Mich.) in 2020. The proposed Macomb County site is located within the Bay River Marketplace, adjacent to Meijer, near the intersection of I-94 and 26 Mile Road in Lenox Township. A groundbreaking will occur later this […]