News release: Jeff Kent to Lead Health Care Institute in Expansion  of Local Networking, International Education Offerings

News release: Jeff Kent to Lead Health Care Institute in Expansion of Local Networking, International Education Offerings

Health Care Institute Appoints Jeff Kent President, Effective Jan. 1 The Health Care Institute has appointed Jeff Kent, Managing Director Facilities, Nemours Foundation, as president of the association, effective immediately. Kent succeeds Mike Wood, CHC, MSM, BS, ARRT, RT, owner of Impact! Consulting, in this role. Kent moves into his new role following Wood’s two-year […]

News Release: CBRE FACILITATES $368 MILLION SALE OF IRET MEDICAL OFFICE BUILDING PORTFOLIO TO HARRISON STREET

News Release: CBRE FACILITATES $368 MILLION SALE OF IRET MEDICAL OFFICE BUILDING PORTFOLIO TO HARRISON STREET

CBRE FACILITATES $368 MILLION SALE OF IRET MEDICAL OFFICE BUILDING PORTFOLIO TO HARRISON STREET CBRE announced today that it facilitated the $367.7 million portfolio sale of 25 medical office buildings owned by IRET, a real estate company based in Minneapolis and Minot, North Dakota, to Chicago-based Harrison Street Real Estate Capital LLC, (“Harrison Street”), one […]

News Release: Flagship Healthcare Properties acquires Southport medical office building

News Release: Flagship Healthcare Properties acquires Southport medical office building

Flagship Healthcare Properties has acquired Dosher Wellness Center located at 3009 Medical Plaza Lane Southport, North Carolina. The new Class A, ± 25,500 square foot medical office building (“MOB”) was recently developed as a build-to-suit and is fully leased by Dosher Memorial Hospital. “Flagship is pleased to expand our presence in the coastal Carolinas and […]

News Release: Just Closed: Northpoint Medical Arts Building in Dallas,Texas

News Release: Just Closed: Northpoint Medical Arts Building in Dallas,Texas

On behalf of Malouf Interests, the JLL Healthcare Capital Markets Group is pleased to announce the sale of Northpoint Medical Arts, a 118,876 rentable square foot medical office building in Dallas, Texas.  The property is strategically located near the intersection of LBJ Freeway and Central Expressway, two of Dallas’ most heavily traveled thoroughfares, and in […]

News Release: Inland Real Estate Acquisitions Closes the Purchase of a Medical Office Building in Texas

News Release: Inland Real Estate Acquisitions Closes the Purchase of a Medical Office Building in Texas

Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of a 16,050-square-foot medical office building located in Dallas. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, LLC, completed the deal, with assistance from David Neboyskey, assistant vice president and associate counsel of The Inland Real Estate Group, LLC, […]

News Release: Avison Young Arranges Sale of  Premier Medical Office Building in DC Area

News Release: Avison Young Arranges Sale of Premier Medical Office Building in DC Area

Avison Young announced today that it has arranged the sale of the Merrifield-Fairfax Medical Campus, a trophy-class medical office building in Fairfax, Va. Harrison Street Real Estate purchased the 119,788-square-foot building at 3023 Hamaker Court. Considered the premier medical office building in the area, the property is ideally located near the campus of Inova Fairfax […]

News Release: Senior Housing Properties Trust to Realize $308 Million Gain on Sale of Properties

News Release: Senior Housing Properties Trust to Realize $308 Million Gain on Sale of Properties

Senior Housing Properties Trust (Nasdaq: SNH) today announced that it expects to report a gain of approximately $308 million on the sale of four senior living communities. The four communities to be sold are all currently leased to Sunrise Assisted Living, Inc. (“Sunrise”) for terms ending December 31, 2023 (plus tenant extension options through December […]

News Release: Bull Realty Brokers $5.8 Million Medical Portfolio in Atlanta MSA

News Release: Bull Realty Brokers $5.8 Million Medical Portfolio in Atlanta MSA

ATLANTA (December 28, 2017) —Paul Zeman, President of Healthcare Real Estate Services at Bull Realty, brokered the sale of a portfolio comprised of two medical office buildings located in the Atlanta MSA. The sale closed on December 19th for $5,825,000. The properties, which together total approximately 17,000 SF, are both occupied by Emory Healthcare. “This […]

The Shops at Mission Viejo (Photo courtesy of Simon)

News Release: Welltower Announces Strategic Joint Venture Partner For Sunrise E. 56th Street And Collaboration With Simon

Secures major institutional JV partner for Sunrise East 56th Street Announces innovative outpatient development at a premier shopping and dining destination in Mission Viejo, CA Announces appointment of Mark Shaver, SVP Strategy A message from Tom DeRosa, CEO: “In 2017, took major strides in optimizing its industry leading health care real estate platform.  Welltower is committed […]

News Release: Oakland Rehabilitation and Healthcare Center Undergoes $3.5 Million Renovation, Maintains Five-Star Rating  Facility Sees Progress Under Tryko Partners/Marquis Health Services Ownership

News Release: Oakland Rehabilitation and Healthcare Center Undergoes $3.5 Million Renovation, Maintains Five-Star Rating Facility Sees Progress Under Tryko Partners/Marquis Health Services Ownership

  A $3.5 million renovation at Oakland Rehabilitation and Healthcare Center, and the achievement of a five-star rating in U.S. News and World Report’s 2017 “Best Nursing Homes” signal a dedication to quality services and patient care at the Oakland skilled nursing facility. Tryko Partners in 2015 acquired the 215-bed facility, which is operated by […]

News Release:  Healthcare Building Solutions Hires Senior Project Manager

News Release: Healthcare Building Solutions Hires Senior Project Manager

Focus on Project Management Resources to Meet Growth Demands Langhorne, PA – Healthcare Building Solutions (HBS) is pleased to announce that Kiran Shivaramu has joined the firm as Senior Project Manager in the Southern Region. In this role, and working from the firm’s Dallas office, Kiran will focus on managing the design and construction of […]

For Sale: New Medical Investment Opportunity: 100% Occupied | ±10,488 RSF SurgiCenter

For Sale: New Medical Investment Opportunity: 100% Occupied | ±10,488 RSF SurgiCenter

                        32nd Street SurgiCenter Avison Young, as exclusive advisor, is pleased to present the opportunity to acquire the 32nd Street SurgiCenter. This 10,488 square-foot single story SurgiCenter and medical office building is located off of the SR-51 freeway, just south of the Southeast corner […]

For Sale: New to Market | Fresenius Medical Care | Memphis, TN

For Sale: New to Market | Fresenius Medical Care | Memphis, TN

CONFIDENTIAL OFFERING MEMORANDUM 5020 ENGLISH TOWNE DRIVE MEMPHIS, TN 38128 Fresenius Medical Care Cap. Rate: 5.10% Price: 3,433,333 Building SF: 9,500 Lot Size: 2.098 Acres Year Built: 2016 Status: Available Notes: New 2016 Build-To-Suit FMC Josiah Byrnes Vice  President  –  Capital  Markets JByrnes@EmbreeGroup.com | +1.719.243.6569 Klinton Lewis Associate  –  Net  Lease  Services KLewis@EmbreeGroup.com | +1.512.819.4729 […]

For Sale: HFF | Two Tenant Medical / Retail Offering | Philadelphia MSA | 7+ CAP

For Sale: HFF | Two Tenant Medical / Retail Offering | Philadelphia MSA | 7+ CAP

8250 Old York Road, Elkins Park, Pennsylvania Property Summary Location 8250 Old York Road Elkins Park, Pennsylvania Asking Price $6,995,000 Cap Rate 7.27% Occupancy 100% Total Gross Leasable Area 16,250 SF Year Built/Renovated 1985/2016 Land Area 1.55 Acres INVESTMENT HIGHLIGHTS Credit Anchor Tenant 100% Of GLA holds an investment grade rating Jefferson Health: Moody’s Aa2 […]

For Sale: Trophy-caliber Hospital and MOB in San Antonio

For Sale: Trophy-caliber Hospital and MOB in San Antonio

The premier, Class A+ hospital and MOB formerly known as Forest Park Medical Center in San Antonio, TX, is available for purchase (or lease by qualified operators/tenants). The hospital is vacant and ready for occupancy (FF&E not included). The MOB is 6% leased and available for occupancy. PROPERTY: 154,000 sf, 54-bed surgical hospital and 79,900 […]