News Release: Deaconess News

News Release: Deaconess News

New Deaconess Clinic Downtown Building Announced A new building is planned for Deaconess Clinic Downtown, in a lot near the Stone Family Center for Health Sciences. The three-story medical office building will be located between Locust and Walnut Streets, near the former Townsquare Media facility. Construction will begin later this year, and is set for […]

John Goodey has been named Executive Vice President and Chief Financial Officer of Welltower. (PRNewsfoto/Welltower Inc.)

News Release: Welltower Closes $1.3 Billion Senior Unsecured Notes Offering

Toledo, Ohio, Aug. 16, 2018 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has successfully closed its offering of $1.3 billion in aggregate principal amount of senior unsecured notes across three tranches with a weighted average maturity of 15.4 years and blended yield to maturity of 4.4%, including $600 million in 3.95% notes due 2023, $200 million in 4.25% notes due 2028, and $500 million in […]

News Release: Griffin-American Healthcare REIT III Reports Second Quarter 2018 Results

Irvine, Calif. (Aug. 16, 2018) – Griffin-American Healthcare REIT III, Inc. today announced operating results for the company’s second quarter ended June 30, 2018. “Griffin-American Healthcare REIT III continued to perform well during the second quarter, with high occupancy throughout our portfolio, impressive weighted average remaining lease term of 8.6 years and moderate leverage1 of […]

News Release: Brian Cich Named Chief Operating Officer of Rendina Healthcare Real Estate

News Release: Brian Cich Named Chief Operating Officer of Rendina Healthcare Real Estate

 Jupiter, Fla., Aug. 16, 2018 – Rendina Healthcare Real Estate is pleased to announce that Brian Cich has been appointed Chief Operating Officer. As COO, Brian oversees all operations and development projects nationwide, in addition to helping create and manage Rendina’s strategic initiatives and partnerships. In his new role, Brian will utilize his significant experience with […]

News Release: UF Health breaks ground on first health care facility in Wildlight

News Release: UF Health breaks ground on first health care facility in Wildlight

UF Health broke ground today on a comprehensive medical office building in Wildlight, a new town under development in Nassau County. This is the first step in a strategic health alliance between UF Health, the University of Florida and Raydient Places + Properties that will bring a new style of healthy living to the region. […]

News Release: Ridgeline Capital Partners Acquires Medical Office Building in Allen, TX

News Release: Ridgeline Capital Partners Acquires Medical Office Building in Allen, TX

Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”), a privately-held commercial real estate investment company, recently completed the acquisition of the single-story, 21,500 square foot Allen Medical Pavilion in Allen, TX. The property is in Allen’s medical district adjacent to the Texas Health Resources Presbyterian hospital campus.  Built in 2007, the building is 100% occupied by […]

News Release: Birmingham-Based Leading Healthcare Real Estate Company Announces $24 Million Acquisition in Tulsa, Oklahoma

News Release: Birmingham-Based Leading Healthcare Real Estate Company Announces $24 Million Acquisition in Tulsa, Oklahoma

The Sanders Trust Acquires $24.5 Million Tulsa, Oklahoma Rehabilitation Hospital Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announced a $24.5 million acquisition in Tulsa, Oklahoma in July 2018. Built in 2017, PAM (Post Acute Medical) Rehabilitation Hospital is a state-of-the-art, 40-bed inpatient rehabilitation hospital. With over […]

News Release: Strawberry Fields REIT Secures Increase on its Series B secured Debentures on Tel Aviv Stock Exchange

South Bend, Ind.— August 13, 2018—Strawberry Fields REIT LLC (Strawberry Fields), Headquartered in South Bend, Indiana, 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 successfully increased its Series B secured debentures on the Tel Aviv Stock Exchange […]

News Release: JUST SOLD – Medical Office Building Trades for $15.7 M ($390 PSF) in Chino Hills, CA

News Release: JUST SOLD – Medical Office Building Trades for $15.7 M ($390 PSF) in Chino Hills, CA

Chino Hills Crossroads Professional Center Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 3110 Chino Avenue located in Chino Hills, CA at a price of $15,700,000 ($390 PSF). The 40,279 SF medical office building was 95% leased at the time of sale. Gary Stache, Anthony DeLorenzo, Doug Mack, Sammy […]

News Release: Mayor Bowser Announces Major Milestone in Partnership with The George Washington University Hospital for New Hospital and Health Services

News Release: Mayor Bowser Announces Major Milestone in Partnership with The George Washington University Hospital for New Hospital and Health Services

Partnership Promises First Fully Integrated Healthcare System East of the Anacostia River (Washington, DC) – Mayor Muriel Bowser today announced that her Administration and The George Washington University Hospital (GW Hospital) have signed a Letter of Intent to improve access to high quality healthcare services for Washingtonians, specifically for residents living in Wards 7 and […]

News Release: Welltower Prices $1.3 Billion Senior Unsecured Notes Offering

News Release: Welltower Prices $1.3 Billion Senior Unsecured Notes Offering

Toledo, Ohio, Aug. 10, 2018 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has successfully priced its offering of $1.3 billion in aggregate principal amount of senior unsecured notes across three tranches with a weighted average maturity of 15.4 years and blended yield to maturity of 4.4%, including $600 million in 3.95% notes due 2023, $200 million in 4.25% notes due 2028, and $500 million in 4.95% […]

News Release: Flagship Healthcare Trust Announces New Senior Secured Credit Facility

News Release: Flagship Healthcare Trust Announces New Senior Secured Credit Facility

Charlotte, North Carolina – AUGUST 9, 2018 – Flagship Healthcare Trust, Inc. (“Flagship REIT”) announced that it has entered into a new secured term and revolving credit facility with Bank of America, N.A. (the “Secured Credit Facility”). This Secured Credit Facility provides the ability to increase Flagship REIT’s borrowing capacity up to $125 million through […]

Rush Plans Major New Outpatient Care Center on Near West Side

Rush Plans Major New Outpatient Care Center on Near West Side

Building at Ashland Avenue and Harrison Street will be focused primarily on cancer and neurological care Rush University Medical Center has submitted plans to construct an 11-story, 530,000-square-foot, state-of-the-art outpatient care center at the northeast corner of Ashland Avenue and Harrison Street on the near West Side of Chicago. It will be directly across Ashland […]

News Release: UC Davis Announces New Second Hospital on University’s Sacramento Campus

News Release: UC Davis Announces New Second Hospital on University’s Sacramento Campus

Joint Venture, Inpatient Rehab Hospital Is First Aggie Square Project Sacramento, Calif. – The University of California, Davis, today announced that along with Kindred Healthcare, it will construct and operate a second hospital on its downtown Sacramento campus to provide more inpatient rehabilitation services in Sacramento County. The facility will provide care for twice as […]

News Release: Capital Square 1031 Completes DST Offering of Newly Constructed Dialysis Clinic Near Bakersfield, California

News Release: Capital Square 1031 Completes DST Offering of Newly Constructed Dialysis Clinic Near Bakersfield, California

Richmond, Va. (Aug. 8, 2018) – Capital Square 1031, a leading sponsor of Delaware statutory trust investments, announced today that CS1031 California MOB I, DST, comprised of a newly constructed dialysis clinic near Bakersfield, Calif., has been fully subscribed by a total of 16 investors. “This DST investment in California illustrates Capital Square’s ability to […]