News Release: Just Closed: McHenry Medical Building, 1541 Florida Ave., Modesto, CA

News Release: Just Closed: McHenry Medical Building, 1541 Florida Ave., Modesto, CA

Sale Date: 12/28/18 Property Size: 54,810 SF % Leased: 100% Leased CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the McHenry Medical Building (the “Property”), located in Modesto, California. Chris Bodnar, Lee Asher, Shane Seitz, Ryan Lindsley and Sabrina Solomiany acted as the seller’s exclusive advisors. The Property totals ±54,810 rentable […]

News Release: Just Closed: Jacobson Properties and Cushman & Wakefield/Pyramid Brokerage Company sell Hill Medical Center, Syracuse, New York

News Release: Just Closed: Jacobson Properties and Cushman & Wakefield/Pyramid Brokerage Company sell Hill Medical Center, Syracuse, New York

January 10, 2019 (Syracuse, New York) – Lisa Menin of Jacobson Properties, New York, New York and Leo Jones of Cushman & Wakefield/Pyramid Brokerage Company, Binghamton, New York are pleased to announce the sale of Hill Medical Center, an 81,859 square foot medical office building located on the downtown campus of SUNY Upstate University Hospital […]

News Release: Bear Real Estate Advisors Represents Global Medical REIT in $17 Million Medical Office Building Acquisition in Greater Los Angeles

News Release: Bear Real Estate Advisors Represents Global Medical REIT in $17 Million Medical Office Building Acquisition in Greater Los Angeles

Los Angeles – (Jan. 17, 2019) – Bear Real Estate Advisors announced today that the real estate investment services firm represented Global Medical REIT (NYSE: GMRE) in its acquisition of an approximately 42,000-square-foot, Class A medical office building located in the Los Angeles suburb of Corona, Calif. Global Medical REIT acquired the property for approximately […]

News Release: Ridgeline Capital Partners Acquires Value-Add Medical Office Building in Pearland, TX

News Release: Ridgeline Capital Partners Acquires Value-Add Medical Office Building in Pearland, TX

Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”), a privately-held commercial real estate investment company, recently completed the acquisition of the three-building, 41,763 square foot Pearland Central Medical Plaza in Pearland, TX. The “Class A” property is 83% occupied by 11 medical tenants on triple-net leases.  The tenants offer a wide range of clinical specialties at […]

News Release: It's a Done Deal: Essentia Health

News Release: It’s a Done Deal: Essentia Health

Raymond James serves as Financial Advisor to Essentia Health on the successful completion of its $723 million Comprehensive Plan of Finance. Essentia is a $2 billion revenue physician-led, integrated delivery network, including 15 hospitals in Minnesota, Wisconsin, North Dakota and Idaho with 1,198 licensed beds, 2,300+ providers and one of the first two Level 3 […]

News Release: Marcus & Millichap arranges the sale of a 21,640-square foot medical office building

News Release: Marcus & Millichap arranges the sale of a 21,640-square foot medical office building

Lithia, Fla., January 15, 2019 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of FishHawk HealthPark, a 21,640-square foot office property located in Lithia, Fla., according to Ari Ravi, regional manager of the firm’s Tampa office. The […]

News Release: Capital Square 1031 Completes Record Sales Year with Over $250 Million in Real Estate Acquisitions and Two Full-Cycle 1031/DST Offerings

News Release: Capital Square 1031 Completes Record Sales Year with Over $250 Million in Real Estate Acquisitions and Two Full-Cycle 1031/DST Offerings

Leading sponsor of Delaware statutory trusts launched 10 offerings in 2018 and fully subscribed seven DSTs with 302 investors during the year Richmond, VA (Jan. 15, 2019) – Capital Square 1031, a leading real estate investment and management firm specializing in tax-advantaged Delaware statutory trust offerings, announced today that 2018 was a record year in […]

News Release: UAB’s Gardendale freestanding emergency department and medical building set to open

News Release: UAB’s Gardendale freestanding emergency department and medical building set to open

by Bob Shepard UAB Medicine’s freestanding emergency department and medical office building in Gardendale will open Jan. 15. The twin buildings, on a 6.2-acre site in the Gardendale city center, will provide additional access to UAB medical professionals for residents of North Jefferson County, and provide the only emergency medical services on the I-65 corridor between […]

News Release: Bear Real Estate Advisors Represents Columbia Property Investors in Medical Office Building Acquisition

News Release: Bear Real Estate Advisors Represents Columbia Property Investors in Medical Office Building Acquisition

Philadelphia – (Jan. 9, 2019) – Bear Real Estate Advisors announced today that the real estate investment services firm represented Columbia Property Investors in its acquisition of a nearly 12,000-square-foot medical office building in the Philadelphia suburb of Hellertown. Located at 708 Main St., the medical office building was completed as a build-to-suit for Lehigh […]

News Release: Hammes Company Adds Vice President to Mid-Atlantic Office

News Release: Hammes Company Adds Vice President to Mid-Atlantic Office

Aimee Fogarty Joins Hammes Company’s Mid-Atlantic Office as Vice President Milwaukee, Wis., January 8, 2019 – Hammes Company, the nation’s leader in healthcare building strategies (hammesco.com), today announced the addition of Aimee Fogarty as vice president. Fogarty will focus on development of client solutions in Hammes’ mid-Atlantic region encompassing Virginia, Maryland, West Virginia, Delaware and […]

News Release: Welltower to Present at J.P. Morgan Healthcare Conference

News Release: Welltower to Present at J.P. Morgan Healthcare Conference

Toledo, Ohio, Jan. 8, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) will participate in the 37th Annual J.P. Morgan Healthcare Conference to be held at the Westin St. Francis Hotel in San Francisco, California. Tom DeRosa, Chief Executive Officer, along with John Goodey, EVP and Chief Financial Officer, Mercedes Kerr, EVP – Business & Relationship Management, and Mark Shaver, SVP – Strategy, will present during a session scheduled for Wednesday, […]

News Release: JUST SOLD: American Family Care, St. Petersburg, FL

News Release: JUST SOLD: American Family Care, St. Petersburg, FL

Just Sold in St. Petersburg, FL: Anthony Cimino, with Krone Weidler and LJ Tsunis, are pleased to announce the successful sale of American Family Care located in St. Petersburg, Florida. Mr. Cimino secured the exclusive listing to market the property on behalf of the seller, a professional healthcare investor, out of Florida. The buyer was […]

News Release: : Griffin-American Healthcare REIT IV Completed Acquisitions Totaling More than $200 Million During the Fourth Quarter 2018

News Release: : Griffin-American Healthcare REIT IV Completed Acquisitions Totaling More than $200 Million During the Fourth Quarter 2018

REIT completes nearly $450 million in acquisitions during 2018 Irvine, Calif. (Jan. 8, 2019) – American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT completed the acquisition of 11 healthcare buildings in five states and a joint venture membership interest in Trilogy Investors, […]

News Release: Flagship Healthcare Trust Acquires Lexington Kentucky Portfolio

News Release: Flagship Healthcare Trust Acquires Lexington Kentucky Portfolio

Lexington, KY – January 3, 2019 –  Flagship Healthc­­are Trust, Inc. (“Flagship REIT”) announced that it has acquired the Lexington Clinic Portfolio in Lexington, Kentucky. The 144,247 square foot portfolio consists of five medical office buildings (“MOB”) fully leased by Lexington Clinic on a long-term basis. “As we expand into a new market, the acquisition of the […]

News Release: Caddis® names 25 year veteran Tami Cumings Vice President, Senior Living

News Release: Caddis® names 25 year veteran Tami Cumings Vice President, Senior Living

Experienced executive will oversee the operations and growth of the award-winning, nationwide Heartis® senior living brand DALLAS, Jan. 3, 2019 – Tami Cumings, who has more than 25 years of experience in the independent living, assisted living and memory care industry, has joined Caddis® as Vice President, Senior Living to oversee the operations and growth […]