News Release: HFF announces $12.35M sale of Norriton Medical Center in suburban Philadelphia

News Release: HFF announces $12.35M sale of Norriton Medical Center in suburban Philadelphia

PHILADELPHIA, Dec. 12, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $12.35 million sale of Norriton Medical Center, a 74,212-square-foot medical center anchored by Einstein Orthopedics and Moss Rehab in the Philadelphia suburb of East Norriton, Pennsylvania. The HFF team represented the seller, an indirect wholly owned subsidiary of Franklin Realty Development Corporation. Located […]

News Release: Announcement - $10,600,000 Medical Office Sale in Beaufort, SC. - Fairfield Advisors

News Release: Announcement – $10,600,000 Medical Office Sale in Beaufort, SC. – Fairfield Advisors

Fairfield Advisors announces the sale of the Jenkins Medical Office Building in Beaufort, SC.   – $10,600,000 Transaction –  (Denver, CO. and Beaufort, SC. – December 10, 2018) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Jenkins Medical Office Building located in Beaufort, South Carolina.  The […]

News Release: Cushman & Wakefield Expands Healthcare Advisory Practice

News Release: Cushman & Wakefield Expands Healthcare Advisory Practice

For Immediate Release Cushman & Wakefield Expands Healthcare Advisory Practice with Addition of Three Healthcare CRE Executives Chris Barnet, Melissa Horta and Brittani Peedin Join Cushman & Wakefield in Dallas, Las Vegas and Tampa, respectively Melissa Horta Chris Barnet Brittani Peedin ST. LOUIS, December 10, 2018 – Cushman & Wakefield has announced three new additions within its […]

John B. Mugford, editor of Healthcare Real Estate Insights (far left), announces the 2018 HREI Insights Award for Best MOB of less than 25,000 square feet, which went to MedProperties Group. Accepting the award for MedProperties Group from HREI Publisher Murray W. Wolf (far right) during the awards presentation Dec. 6 were Dan Ahlering and Vlad Milrud.

News Release: 2018 HREI Insights Awards™ Winners announced

FOR IMMEDIATE RELEASE Media Contact: Connie M. McCaffrey, (651) 214-9987, cmccaffrey@wolfmarketing.com Healthcare Real Estate Insights™ presented the awards Dec. 6 to the winners of the only comprehensive national program recognizing excellence in healthcare real estate SCOTTSDALE, Ariz., and MINNEAPOLIS, Dec. 10, 2018 – Healthcare Real Estate Insights™ magazine has announced the Winners of the 2018 HREI […]

News Release: Welltower Announces Strategic Investment by Qatar Investment Authority

NEWS PROVIDED BY Welltower Inc.  08:00 ET TOLEDO, Ohio, Dec. 4, 2018 /PRNewswire/ — Welltower Inc. (NYSE:  WELL), today announced that an affiliate of Qatar Investment Authority (“QIA”), Qatar’s sovereign wealth fund, has established an interest in the Company’s common stock through a $300 million investment and has an option to acquire an interest in a development pipeline of urban senior living communities, representing the initial investments in […]

Pappas Midtown Medical Office Complex.

News Releases: Welltower Announces $1 Billion in New Off-Market Investments

NEWS PROVIDED BY Welltower Inc.  08:00 ET TOLEDO, Ohio, Dec. 4, 2018 /PRNewswire/ — Welltower Inc. (NYSE:  WELL), today announced new off-market investment volume of $1.0 billion at a blended cap rate of 6.4% comprised of 11 separate Seniors Housing and Medical Office transactions. This investment activity is in addition to the previously announced $80 million Johns Hopkins transaction and $400 million 23 asset MOB portfolio acquisition, […]

Karen DeSalvo M.D., MPH

News Release: Welltower Announces Addition of National Health Care Executives to Board

NEWS PROVIDED BY Welltower Inc.  08:00 ET TOLEDO, Ohio, Dec. 4, 2018 /PRNewswire/ — Welltower Inc (NYSE:  WELL) announced today the appointments of Karen DeSalvo, MD and Johnese Spisso, MPA to its Board of Directors. “On behalf of the entire Board of Directors, I am delighted to welcome Karen and Johnese to the Welltower Board,” said Jeff Donahue, Board Chair. “These two […]

News Release: CIT Completes Financing for Two Medical Office Buildings in Massachusetts

News Release: CIT Completes Financing for Two Medical Office Buildings in Massachusetts

NEW YORK – Dec. 3, 2018 – CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business, part of CIT’s Commercial Finance division, provided $28.7 million in financing for the acquisition of medical office buildings in Brockton and Haverhill, Massachusetts. The Brockton building houses the Greene Cancer Center, which is affiliated with Signature […]

The CNL MOB portfolio includes the University of Tennessee Medical Center Cancer Institute building in Knoxville, Tenn. Photo courtesy of BarberMcMurry Architects

Industry Pulse: Healthcare REITs have been top performers in 2018

Amid a ‘volatile’ year for REITs, HFF says the healthcare sector delivered the best returns Although real estate investment trust (REIT) performance has been “volatile” in 2018, most REITs are on track to finish the year in positive territory, with healthcare REITs leading all sectors in total returns. That was according to the Quarterly Market Perspectives […]

Thought Leaders: Medical Office Produced Superior 3.2% NOI Growth Over Last Two Years

Thought Leaders: Medical Office Produced Superior 3.2% NOI Growth Over Last Two Years

Healthcare Capital Markets Perspective November 2018 Medical office buildings are associated with durable income, but they also offer consistent and positive income growth compared to other property classes.  The three dedicated MOB REITs produced 3.2% growth in net operating income over the last two years compared to only 0.57% for U.S. office REITs during the […]

Thought Leaders: The Boulder Group | Net Lease Medical Research Report

Thought Leaders: The Boulder Group | Net Lease Medical Research Report

Q3 2018 NET LEASE MEDICAL REPORT RELEASED The Boulder Group releases its 3rd Quarter 2018 Net Lease Medical Report. The report provides comprehensive numbers and analysis of the net lease medical market. HIGHLIGHTS OF THE REPORT INCLUDE: Overall cap rate for net lease medical properties increased by 22 basis points from the third quarter of 2017 […]

News Release: Next Steps: HealthAlliance Submits Plans for Transformative Expansion and Enhancement of Mary’s Avenue Campus

News Release: Next Steps: HealthAlliance Submits Plans for Transformative Expansion and Enhancement of Mary’s Avenue Campus

Tuesday, November 27, 2018 Renderings and Construction Drawings Submitted to State Department of Health; Presentation to Kingston Planning Board December 17 KINGSTON, N.Y. — HealthAlliance of the Hudson Valley, a member of the Westchester Medical Center Health Network (WMCHealth), reached the next milestone in its plan to transform healthcare delivery in Ulster County with the […]

News Release: PMB Completes Extensive $18.9 M Hospital Conversion

News Release: PMB Completes Extensive $18.9 M Hospital Conversion

PMB Completes Conversion of Community Rehabilitation Hospital South in Greenwood IN San Diego, CA (November 27, 2018) – PMB, one of the leading and most experienced developers focused exclusively on the continuum of care, has announced the completion of an extensive $18.9 million conversion of Community Rehabilitation Hospital South. Community Health Network and Kindred Healthcare […]

News Release: Cushman & Wakefield Arranges $10m Sale of Cape Coral Surgery Center

News Release: Cushman & Wakefield Arranges $10m Sale of Cape Coral Surgery Center

Gino Lollio, Scott Niedergang, Gary Tasman Represented Ownership Group CHICAGO, November 27, 2018 – Cushman & Wakefield has arranged the $10 million sale of Cape Coral Surgery Center Medical Office Building in Cape Coral, Fl. Gino Lollio and Scott Niedergang of Chicago, brokers in the firm’s Healthcare Advisory Practice, Capital Markets, with the assistance of […]

Seavest Healthcare Properties and Trammell Crow Company are developing a 75,000-square-foot neighborhood facility in Hempfield Township, Pa. for Allegheny Health Network. The facility, located at the intersection of Route 30 (Lincoln Highway) and Agnew Road, offers emergency services in a small-format hospital, plus a full-service cancer center and medical office space.

News Release: Seavest and Trammell Crow Company begin development of Neighborhood Hospital for Allegheny Health Network

The firms are helping to bring expanded emergency services, cancer care and other medical services to Westmoreland County, Pa. HEMPFIELD TOWNSHIP, Pa., and WHITE PLAINS, N.Y., Nov. 27, 2018 – Patients of Allegheny Health Network (AHN), a subsidiary of Highmark Health, will soon have a new convenient, state-of-the-art care option in Hempfield Township, Westmoreland County, […]