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Inpatient Projects: Milwaukee-based Froedtert plans a new hospital in the suburb of Mount Pleasant, Wis

Inpatient Projects: Milwaukee-based Froedtert plans a new hospital in the suburb of Mount Pleasant, Wis

Mount Pleasant, Wis. – Froedtert South Hospital in Kenosha, Wis., recently announced plans for a two-story hospital and four-story MOB on a new campus in nearby Mount Pleasant. The future

Hot Property: 14 MOBs with strong affiliations

Hot Property: 14 MOBs with strong affiliations

Landmark Healthcare Facilities offers 95% occupied, 1.5 million s.f. portfolio Name: Landmark MOB Portfolio Seller: Landmark Healthcare Facilities Number of buildings: 14 Square feet: 1.5 million States: 8 Occupancy: 95 percent Avg. remaining lease: 9 years Brokerage: Healthcare Real Estate Capital (HRE Cap) Lead broker: Jeffrey Cooper So far this year, a number of larger, […]

Post-Acute & Senior Living: Capital One leverages revised HUD rule to provide refinancing for Chicago-area property

Post-Acute & Senior Living: Capital One leverages revised HUD rule to provide refinancing for Chicago-area property

Des Plaines IL. – Bethesda, Md.-based Capital One reports that it recently provided a 35-year, fixed-rate $28.4 million HUD (Housing and Urban Development) loan to refinance a supportive living

Industry Pulse: AI Could Save Money, Advance Medicine

Industry Pulse: AI Could Save Money, Advance Medicine

Artificial intelligence could help healthcare save billions While healthcare is widely considered to be one of the country’s juggernaut industries, out-of-control, rising costs could derail the sector in any number of ways.

Transactions: Pension fund sells MOBs for $34.4M

Transactions: Pension fund sells MOBs for $34.4M

Iowa retirement system advisor sells facilities near Philadelphia and New York An undisclosed global investment advisor acting on behalf of the Iowa Public Employee Retirement System (IPERS) recently sold two medical office properties to two separate buyers for a total of $34.4 million.

Post-Acute & Senior Living: Senior housing occupancy steadies

National average was 87.9 percent in Q3, matching the lowest rate since Q2 2011 By John B. Mugford It might not be great news, but at least the occupancy rate for the country’s seniors housing facilities did not fall any farther in the third quarter (Q3) of 2018, according to Annapolis-based National Investment Center for […]

Post-Acute & Senior Living: Griffin-American Healthcare REIT IV acquires eight SNFs in Missouri for $88.2 million

Post-Acute & Senior Living: Griffin-American Healthcare REIT IV acquires eight SNFs in Missouri for $88.2 million

Missouri – Irvine, CA-based Griffin-American Healthcare REIT IV, a non-traded real estate investment trust (REIT), recently acquired a portfolio of skilled nursing facilities in Missouri for $88.2 million. With eight facilities and 1,112 licensed beds, the Missouri Skilled

Outpatient Projects: Hospital in Council Bluffs, Iowa, breaks ground for $18 million, 60,000 s.f. on-campus MOB

Outpatient Projects: Hospital in Council Bluffs, Iowa, breaks ground for $18 million, 60,000 s.f. on-campus MOB

Council Bluffs, Iowa – Methodist Jennie Edmundson Hospital, part of Omaha, Neb.-based Nebraska Methodist Health System, broke ground recently for a 60,000 square foot MOB that will help

REIT Report: More MOB buys in HCP’s future?

Yes, according to the REIT’s officials during a recent Q2 earnings call with analysts By John B. Mugford So far, 2018 has been quite a busy year for Irvine, Calif.-based HCP Inc. (NYSE: HCP), a longtime health care focused real estate investment trust (REIT) that has been taking significant steps to reconfigure its portfolio. While […]

Inpatient Projects: Allegheny Health, Highmark and Emerus teaming up on micro hospital near Pittsburgh

Inpatient Projects: Allegheny Health, Highmark and Emerus teaming up on micro hospital near Pittsburgh

McCandless, Pa. – As part of its $1 billion plan to expand its care offerings in western Pennsylvania, Pittsburgh-based Allegheny Health Network (AHN), which is part of insurance provider

Companies & People: Raymond James’ team advises Glens Falls, N.Y., hospital on sale of renal operations

Companies & People: Raymond James’ team advises Glens Falls, N.Y., hospital on sale of renal operations

Glens Falls, NY – The Healthcare Finance Group of St. Petersburg, Fla.-based Raymond James Financial (NYSE: RJF) recently served as the strategic advisor to Glens Falls Hospital on the sale of its dialysis operations. The buyer was Nashville, Tenn.-based Dialysis

Companies & People: Welltower closes offering of $1.3 billion in senior unsecured notes; will repay loan facility

Companies & People: Welltower closes offering of $1.3 billion in senior unsecured notes; will repay loan facility

Toledo, Ohio – Toledo-based Welltower Inc. (NYSE: WELL) announced that it has closed its offering of $1.3 billion in aggregate principal senior unsecured notes across three tranches. The notes have a weighted average maturity of 15.4 years and a blended yield

Industry Pulse: On the Record

Industry Pulse: On the Record

What is behind the healthcare retailization trend and will it continue? “People want convenience and high-quality care, and they want it to be easy. The trend of neighborhood healthcare locations will continue – and escalate. Neighborhood health destinations will continue to grow, including primary care, urgent health care, lab, hearing and vision services.” Patrick Carroll, […]

Transactions: Montecito Medical pays $11.5 million for eye center-anchored MOB in Willmar, Minn.

Transactions: Montecito Medical pays $11.5 million for eye center-anchored MOB in Willmar, Minn.

Willmar, Minn. – In more news from Nashville-based Montecito Medical, the firm recently paid $11.5 million for a “Class A” MOB in Willmar, about 90 miles west of Minneapolis. Completed in 2005,

Companies & People: Consulting firm Ankara acquires business units from Navigant for $470 million

Companies & People: Consulting firm Ankara acquires business units from Navigant for $470 million

Washington DC – Washington-based Ankura, a business advisory and services firm, has closed on its previously announced acquisition of two business units from Chicago-based Navigant Consulting (NYSE: NCI), a well-known consulting firm in the