News Release: Artificial Intelligence in Healthcare to Reach $6.16 by 2022

News Release: Artificial Intelligence in Healthcare to Reach $6.16 by 2022

AI and cognitive computing are expected to generate over $150 billion in savings for the healthcare industry, finds Frost & Sullivan Santa Clara, Calif. – September 13, 2018 – Frost & Sullivan expects artificial intelligence (AI) and cognitive computing to generate savings of over $150 billion for the healthcare industry by 2025. These technologies are mostly used in healthcare […]

News Release: Northern California, Healthcare Advisory Group

News Release: Northern California, Healthcare Advisory Group

Recent Sale | 6403 Coyle Avenue Colliers NorCal Healthcare team closes on a 33,640 SF medical office building on the Mercy San Juan Hospital campus in Carmichael, CA. Bill Swettenham Sr Vice President Dir +1 916 563 3082 bill.swettenham@colliers.com License No. 00866455 Eric Ortiz Vice President Dir +1 916 563 3095 eric.ortiz@colliers.com License No. 01821549 […]

News Release: Newmark Knight Frank Global Healthcare Services

News Release: Newmark Knight Frank Global Healthcare Services

RECENTLY SOLD: Glendale Medical Building Farmington Hills, MI Total SF: 44,558 SF Medical Office Building Selling Price: $14,250,000 Sale Date: 8/28/2018 Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com Dana Hamric Managing Director Global Healthcare Services 404.806.2513 dhamric@ngkf.com Bryan Walsh Associate Director Global Healthcare Services 312.224.3962 bwalsh@ngkf.com Garth Hogan Executive Managing Director […]

News Release: NEXT Oncology signs 20,000 SF lease in San Antonio

News Release: NEXT Oncology signs 20,000 SF lease in San Antonio

Next Oncology Signs 11-Year 19,948 SF Lease at Medical Center Tower I on Christus Santa Rosa Campus NEXT Oncology establishes research center in the medical tower; lease renewals also signed with Christus Santa Rosa Health Care. San Antonio, September 13, 2018 – NEXT Oncology has signed an 11-year, 19,948-square-foot lease at Medical Center Tower I, located on […]

News Release: Exclusive - Atlantic Health System Campus

News Release: Exclusive – Atlantic Health System Campus

HFF announces the sale of the 538,107 square foot Atlantic Health System Campus in Morristown, New Jersey Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of the Atlantic Health System Campus, a 538,107 square foot, three-building, Class A medical office complex in Morristown, New Jersey. The HFF team represented the seller, National Business Parks, Inc., […]

News Release: Mark Furlan Press Release for HREI

News Release: Mark Furlan Press Release for HREI

Pappas Properties LLC Hires Former DASCO Executive August 31, 2018- Charlotte, N.C. – Pappas Properties, LLC announces the recent addition of seasoned healthcare developer Mark J. Furlan to the team. Mark will lead the Healthcare Development division of the group and be based in Pappas’s headquarters located in Charlotte, N.C. According to Peter Pappas, Managing […]

News Release: Skilled Nursing Occupancy Hits Record Low

News Release: Skilled Nursing Occupancy Hits Record Low

Skilled Nursing Occupancy Dips to 81.7 Percent, a new Record Low Occupancy decline attributed to major policy and business trends including competition and pressure from Medicare Advantage Annapolis, Md. (September 12, 2018)—Occupancy rates at skilled nursing facilities across the United States continue to fall in urban and rural areas, hitting a new record low of […]

News Release: Montecito Acquires Pennsylvania Medical Office Portfolio

News Release: Montecito Acquires Pennsylvania Medical Office Portfolio

“We believe that this transaction reflects a recognition by Lancaster Neuroscience and Spine Associates of the advantages that our company can bring to its organization and to practicing physicians” Montecito Medical Real Estate, the nation’s top privately held acquirer of medical office real estate in the U.S., has acquired the medical office portfolio owned by Lancaster […]

News Release: Meridian Sells Dialysis Clinic in Oakland, Calif. for $15.7 Million

News Release: Meridian Sells Dialysis Clinic in Oakland, Calif. for $15.7 Million

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the sale of its 12,754-square-foot dialysis clinic in Oakland, California. The purchase price was $15.7 million, representing a price of $1,230+-per-square-foot or a cap rate of 5.1 percent. This is Meridian’s fifth transaction […]

News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $17.1 Million Credit Facility

News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $17.1 Million Credit Facility

BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $17.1 Million Credit Facility for a Joint Venture advised by Heitman and managed by Montecito Medical Operating Company. BMO Harris Bank’s Healthcare Real Estate Finance group announced that it acted as the administrative agent and sole lead arranger on a […]

News Release: CBRE GROUP, INC. ENHANCES HEALTHCARE CAPABILITIES WITH ACQUISITION OF NOVEEN CONSULTING

News Release: CBRE GROUP, INC. ENHANCES HEALTHCARE CAPABILITIES WITH ACQUISITION OF NOVEEN CONSULTING

CBRE Group, Inc. (NYSE: CBRE) today announced that it has acquired Noveen Consulting, a consulting firm focused on helping healthcare facility owners improve the economics of owning and operating healthcare facilities. Noveen, based in Louisville, Kentucky, serves healthcare systems throughout the U.S. Noveen’s service offerings include facility condition assessments, commissioning, energy management, facility optimization and […]

News Release: Strawberry Fields REIT Acquires a Nine-Property Skilled Nursing Facility Portfolio Located in Arkansas, and one in Kentucky, for a total of $42.4 Million

South Bend, Ind.— September 5, 2018—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., announced it has acquired nine skilled nursing facilities located in Arkansas, and one facility located in Kentucky in two separate deals.  The […]

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News Release: Catalyst Healthcare Real Estate opens Midwest office in Milwaukee & hires Anthony Lampasona as President of Off-Campus Development

Pensacola based Catalyst Healthcare Real Estate (Catalyst HRE) is excited to announce the opening of its new office in Milwaukee, Wisconsin. This expansion is Catalyst HRE’s second in two years with its other expansion office located in Ocala, Florida. “The decision to expand our presence into the Midwest was a logical step in our business […]

News Release: Strategic Student & Senior Housing Trust Acquires 286-Unit Senior Housing Community in Portland, Ore. for $92 Million

News Release: Strategic Student & Senior Housing Trust Acquires 286-Unit Senior Housing Community in Portland, Ore. for $92 Million

Existing facility offers independent living, assisted living and memory care and is scheduled to break ground on an expansion for 23 additional units of memory care in the fall of 2018 Strategic Student & Senior Housing Trust, Inc. (SSSHT), a public, non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC (SmartStop), announced today […]

News Release: Newport News Orthopaedic Practice Breaks Ground on Ambulatory Surgery Center/Retail/Medical Office Building

News Release: Newport News Orthopaedic Practice Breaks Ground on Ambulatory Surgery Center/Retail/Medical Office Building

Local officials, business leaders and friends joined the Physician Partners of Orthopaedic & Spine Center to celebrate the ground breaking at 580 City Center Boulevard, for a new Ambulatory Surgery Center/mixed-use building. “We are very excited about this historic advancement of Orthopaedic and Spine Center”, said Dr. Carlson. “We look forward to the improvement in […]