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News Release: PMB completes rehab hospital conversion

News Release: PMB completes rehab hospital conversion

The firm’s $18.9 million transformation of a former LTAC has created a new 44-bed inpatient rehab facility for Community Health Network and Kindred Healthcare in suburban Indianapolis Indianapolis and San Diego, Dec. 18, 2018 – PMB, one of the leading and most experienced developers focused exclusively on the continuum of care, has announced the completion […]

News Release: PMB completes Superior Medical Center

News Release: PMB completes Superior Medical Center

The four-story, 60,000-square-foot facility also just won a national HREI Insights Award as the best medical office development of its size for 2018 Denver and San Diego, Dec. 17, 2018 – PMB, one of the nation’s leading medical real estate developers has announced the completion of Superior Medical Center (SMC), a four-story, 60,000-square-foot destination health […]

News Release: Flagship Healthcare Trust Completes North Carolina Acquisition

News Release: Flagship Healthcare Trust Completes North Carolina Acquisition

For Immediate Release CHARLOTTE, NC – December 17, 2018  –  Flagship Healthcare Properties (“Flagship”) announced today on behalf of its private REIT, Flagship Healthcare Trust, Inc. (“Flagship REIT”), that the REIT has acquired a Class A medical office building (“MOB”) in Concord, North Carolina. Located at 66 Concord Lake Road, directly across from Carolinas Healthcare System NorthEast, […]

News Release: Meridian Purchases 26,000 SF Medical Office Building in Torrance, Calif.; Transaction represents Meridian’s 5th acquisition in 2018

News Release: Meridian Purchases 26,000 SF Medical Office Building in Torrance, Calif.; Transaction represents Meridian’s 5th acquisition in 2018

FOR IMMEDIATE RELEASE:  Meridian Purchases 26,000 SF Medical Office Building in Torrance, Calif. *  *  * Transaction represents Meridian’s 5th acquisition in 2018 NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a 26,000-square-foot […]

News Release: NexCore Group wins HREI Insights Award™ for innovative new CHI Health Clinic Valley View

News Release: NexCore Group wins HREI Insights Award™ for innovative new CHI Health Clinic Valley View

This marks the fifth time in six years that the Denver-based firm has won one of the prestigious national awards, which were presented by Healthcare Real Estate Insights magazine in Scottsdale, Ariz., Dec. 6 Denver and Council Bluffs, Iowa, Dec. 14, 2018 – For developing an innovative new healthcare clinic that both satisfies immediate needs […]

News Release: Ceruzzi and Redco Develop 25,000-SF Medical Office Building for Hartford HealthCare in Stonington, CT

News Release: Ceruzzi and Redco Develop 25,000-SF Medical Office Building for Hartford HealthCare in Stonington, CT

Ceruzzi Holdings LLC is pleased to announce the purchase of approximately four acres of land in Stonington, Connecticut in conjunction with Readco, LLC. In August 2018, Ceruzzi and Readco received approvals for the development of a 25,000-square-foot medical office building for Hartford HealthCare at 350 Liberty Street (Route 2), near the Rhode Island border. Construction […]

News Release: Will James of NorthMarq Capital’s Atlanta office secures $5.719 million acquisition financing of Wake Forest Baptist Surgery Center in Clemmons, North Carolina

News Release: Will James of NorthMarq Capital’s Atlanta office secures $5.719 million acquisition financing of Wake Forest Baptist Surgery Center in Clemmons, North Carolina

Atlanta (December 13, 2018) – Will James, vice president of NorthMarq Capital’s Atlanta regional office arranged acquisition financing of $5.719 million for Wake Forest Baptist Surgery Center, a 12,500 sq. ft. surgery center located in Clemmons, North Carolina. The transaction was structured with a 5-year term with 4-years of interest only followed by a 30-year […]

News Release: CIT News: Financing for Three Medical Office Buildings in Tennessee

News Release: CIT News: Financing for Three Medical Office Buildings in Tennessee

CIT Completes Financing for Three Medical Office Buildings in Tennessee New York – Dec. 13, 2018 – CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business, part of CIT’s Commercial Finance division, served as sole lead arranger of $21.4 million in senior secured credit facilities for Virtus Real Estate Capital, a private […]

News Release: MedCore Partners Announces Development of New On-Campus Medical Office Building

News Release: MedCore Partners Announces Development of New On-Campus Medical Office Building

MedCore to Deliver Signature On-Campus Medical Office Building in Alliance, Texas DALLAS, Dec. 12, 2018 /PRNewswire/ — Executives at MedCore Partners (MedCore) today announced the development and scheduled delivery date for the latest medical office building on the Texas Health Harris Methodist Hospital Alliance campus. This state-of-the-art, two-story, 65,000 square foot Class A medical office building (MOB) […]

News Release: HFF announces $12.35M sale of Norriton Medical Center in suburban Philadelphia

News Release: HFF announces $12.35M sale of Norriton Medical Center in suburban Philadelphia

PHILADELPHIA, Dec. 12, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $12.35 million sale of Norriton Medical Center, a 74,212-square-foot medical center anchored by Einstein Orthopedics and Moss Rehab in the Philadelphia suburb of East Norriton, Pennsylvania. The HFF team represented the seller, an indirect wholly owned subsidiary of Franklin Realty Development Corporation. Located […]

News Release: Global Healthcare Services Recent Transaction

News Release: Global Healthcare Services Recent Transaction

RECENTLY SOLD: Flemington, NJ 2 Building, Medical Office Portfolio Total SF: 49,253 SF Medical Office Portfolio Selling Price: $16,950,000 Sale Date: 11/29/2018 Addresses: 1 Westcott and 6 Sand Hill Road, Flemington, NJ 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 Richard Gerakitis Associate […]

News Release: Global Healthcare Services Recent Transaction

News Release: Global Healthcare Services Recent Transaction

Newmark Knight Frank – Global Healthcare Services RECENTLY SOLD: Flemington, NJ 2 Building, Medical Office Portfolio Total SF: 49,253 SF Medical Office Portfolio Selling Price: $16,950,000 Sale Date: 11/29/2018 Addresses: 1 Westcott and 6 Sand Hill Road, Flemington, NJ Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com   Dana Hamric Managing Director […]

News Release: Announcement - $10,600,000 Medical Office Sale in Beaufort, SC. - Fairfield Advisors

News Release: Announcement – $10,600,000 Medical Office Sale in Beaufort, SC. – Fairfield Advisors

Fairfield Advisors announces the sale of the Jenkins Medical Office Building in Beaufort, SC.   – $10,600,000 Transaction –  (Denver, CO. and Beaufort, SC. – December 10, 2018) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Jenkins Medical Office Building located in Beaufort, South Carolina.  The […]

News Release: Welltower Joins CEO Action for Diversity & Inclusion™

Welltower Inc. (NYSE: WELL) joins a growing coalition of organizations pledging to advance diversity and inclusion in the workplace. As one of more than 500 signatories of the CEO Action for Diversity & Inclusion™, Tom DeRosa leads Welltower’scommitment to representation and equality. “As an industry and a community leader, Welltower understands the importance of equity, inclusion and diversity both in and beyond […]

News Release: Welltower Signs the UN Women’s Empowerment Principles

Toledo, Ohio, Dec. 11, 2018 /PRNewswire/ — Welltower Inc. (NYSE: WELL), a leading provider of health care infrastructure, today announced that it has joined a global group of over 2,000 business organizations taking a leadership stance on gender equality by signing the UN Women’s Empowerment Principles. Formulated as a collaboration between UN Women and UN Global Compact, the seven Women […]