News Release: Hammes Appoints New Vice President for Facility Development

News Release: Hammes Appoints New Vice President for Facility Development

MILWAUKEE, Wis., September 15, 2017 – Hammes Company, the nation’s leader in healthcare facilities development, (hammesco.com) today announced that Marvin Daniels, has joined the firm to meet growing market demand for specialized project management services. Hammes Company is hiring to meet growing demand in most parts of the country, including the Southeast, Midwest and Northeast. […]

Tom Klaritch

News Release: HCP Provides Update on Impact of Hurricane Irma

IRVINE, Calif., Sept. 15, 2017 /PRNewswire/ — HCP, Inc. (NYSE: HCP) today provided an update on the impact from Hurricane Irma. HCP’s preliminary assessment indicates that its assets in the impacted regions incurred either no or limited wind, flood or other storm-related damage. Utility power has been restored at all but one property. “The care […]

Matthews  Medical  Office Building (Photo courtesy of CNL)

News Release: CNL Healthcare Properties Sees Significant Income Gains Across Its Portfolio

With opening of new developments, REIT focused on maximizing property performance (ORLANDO, Fla.) Sept. 14, 2017 — CNL Healthcare Properties, a non-traded real estate investment trust (REIT) invested in seniors housing and healthcare properties, continues its focus on maximizing operating performance across its portfolio and completing its most recent expansion project. Reflecting these efforts, the […]

News Release: Strawberry Fields REIT Acquires A Rehabilitation and Nursing Facility for $21.8 Million

News Release: Strawberry Fields REIT Acquires A Rehabilitation and Nursing Facility for $21.8 Million

SOUTH BEND, Ind.—September 11, 2017—Strawberry Fields REIT LLC (Strawberry Fields), an owner and lessor of nursing homes, long-term acute care hospital facilities and medical office buildings in the Midwestern and Southern U.S., today announced it has acquired a rehabilitation and nursing facility for $21.8 million. This acquisition was financed with a $15 million loan from […]

News Release: Sold – Grunow Memorial Medical Center

Contact Information Alexandra J. Loye Principal 602.625.4220 alexandra.loye@avisonyoung.com Julie A. Johnson, CCIM Principal 602.684.8558 julie.johnson@avisonyoung.com

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News Release: Executed Purchase and Sale Agreements Totaling $166.0 Million

MILWAUKEE–(BUSINESS WIRE) – Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our,” “us,” and “DOC”), a self-managed healthcare real estate investment trust, is announcing that the Company has completed acquisitions of eight medical office facilities since June 30, 2017. The facilities represent approximately 417,753 square feet with a total purchase price of $129.7 […]

News Release: Meridian Buys 51,150 SF Landmark Medical Office Building in Phoenix

News Release: Meridian Buys 51,150 SF Landmark Medical Office Building in Phoenix

Purchase Represents Meridian’s First Major Transaction Outside of California PHOENIX, Ariz. – Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Grunow Memorial Medical Center, a landmark 51,150-square-foot two-story medical office building located at 926 East McDowell Road in Phoenix, Arizona. The seller was PacVentures, a real […]

Max Burcham

News Release: Max Burcham Joins Snyder Langston as Project Executive

Los Angeles, CA (September 8, 2017) – Snyder Langston, a Southern California-based master builder, has announced the addition of Max Burcham as Project Executive, reinforcing the firm’s Healthcare group and its Los Angeles market presence. Burcham brings three decades of industry experience to his role, with an especially strong background in healthcare construction. Prior to […]

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News Release: Just Sold – Long Beach Medical Office Trades to Private Investor

Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 3530 Atlantic Avenue located in Long Beach, CA at a price of $4,055,800.The 26,039 SF medical office building was 78.5% leased to 6 tenants and traded at an in-place 4.95% cap rate and a stabilized 6.50% cap rate. Mark Shaffer, Doug […]

Murray W. Wolf, Healthcare Real Estate Insights

News Release: Expert panel scheduled to discuss current healthcare real estate market environment

Trends in medical office building cap rates, pricing, competition, capital, construction costs and more will be examined at InterFace Healthcare Real Estate in Dallas Sept. 14 MINNEAPOLIS and DALLAS, Sept. 8, 2017 – The only constant in healthcare real estate (HRE) is change, so it makes sense for HRE professionals to stay well informed about […]

News Release: Just Closed - Medical Office Complex in Houston Metro

News Release: Just Closed – Medical Office Complex in Houston Metro

The JLL Healthcare Capital Markets Group is pleased to announce the sale of Sugar Land Medical Pavilion, a medical office complex consisting of three multi-tenant medical office buildings in the desirable Sugar Land submarket of Houston, Texas. The properties are strategically situated within five miles of three hospital campuses with anchor tenants including The University […]

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News Release: Raymond James serves as Financial Advisor to Hackensack Meridian Health on its $1.7B Comprehensive Debt Restructuring including its $589M Series 2017A Tax-Exempt Bonds and $300M Series 2017 Taxable Bonds

Background On July 1, 2016, Hackensack University Health Network, Inc. and Meridian Health System, Inc. merged to form Hackensack Meridian Health, Inc. (the “Network”). The Network is comprised of 13 hospitals, various physician practices, more than 120 ambulatory care centers, surgery centers, home health services, long-term care and assisted living communities, inpatient and outpatient behavioral […]

News Release: Capital One Closes $68 Million Loan for San Diego Medical Office Building Portfolio

News Release: Capital One Closes $68 Million Loan for San Diego Medical Office Building Portfolio

Bethesda, Md. (September 7, 2017) – Capital One announced today that it provided a $68 million loan for the acquisition of two campus-adjacent outpatient medical office buildings by Anchor Health Properties in the La Jolla/UTC submarket of San Diego. The properties total 206,000 square feet. The funding will also support future tenant improvements and leasing […]

News Release: The Harman Group Celebrates the Grand Opening of the St. Barnabas Medical Center’s West Wing Expansion

The Cooperman Family Pavilion Brings New State-of-the-Art Facilities to the Award-winning Hospital Livingston, NJ (September 7, 2017) – The Harman Group, a firm specializing in structural engineering and parking planning and design services, celebrated the grand opening of Cooperman Family Pavilion, a five story, 240,000 square foot expansion of the St. Barnabas Medical Center in Livingston, […]

News Release: Just Closed - CareNow Urgent Care - Dallas, TX

News Release: Just Closed – CareNow Urgent Care – Dallas, TX

Closing Highlights Successfully Diversified Buyer into a High Quality Long Term Cash Flowing Real Estate Asset Performed Extensive Property Search across Key U.S. markets Beat out competing offers based our track record of closing and strong broker relationships Why Was This Deal Attractive Single Tenant NN – CareNow Urgent Care with High End Medical Build-out […]