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Artist rendering of the Cleveland Clinic Family Health Center in Coral Springs, Fla.  (Rendering courtesy of Rendina)

News Release: Cleveland Clinic Partners with Rendina on Family Health Center

JUPITER, Fla., May 17, 2017 – Cleveland Clinic and Rendina Healthcare Real Estate have broken ground on a new $32 million, 72,000-square-foot Family Health Center in Coral Springs, Fla. Situated on a 5.25 acre site at the intersection of University Drive and Sawgrass Expressway, the three-story facility will be fully occupied by Cleveland Clinic and […]

HREI has learned that a Caddis partnership acquired 1393 George Dieter Drive in El Paso, Texas, as part of the transaction. (Photo courtesy of Caddis)

News Release: Capital One Closes $32.7 Million Loan for Medical Office Building Portfolio

FOR IMMEDIATE RELEASE Capital One Closes $32.7 Million Loan for Medical Office Building Portfolio Bethesda, Md. (May 17, 2017) – Capital One announced today that it provided a $32.7 million loan for a portfolio of six medical office buildings in Florida, Georgia, South Carolina and Texas, totaling 186,000 square feet. Caddis Healthcare Real Estate—an investment, development […]

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News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Healthcare and Data Center Properties Totaling Over $141 Million

The acquisitions add approximately 362,000 leased square feet, including the largest data center in Connecticut, to Carter Validus Mission Critical REIT II, Inc.’s portfolio May 15, 2017 01:47 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling […]

Scott Brinker

News Release: HCP Appoints Scott Brinker as Chief Investment Officer

NEWS PROVIDED BY HCP 15 May, 2017, 09:00 ET IRVINE, Calif., May 15, 2017 /PRNewswire/ — HCP (NYSE: HCP) announced today that Scott Brinker will join the Company as Executive Vice President and Chief Investment Officer, with an effective date of January 4, 2018.  Mr. Brinker will report to HCP’s Chief Executive Officer, Tom Herzog. […]

News Release: Revista adds new partner, board members

News Release: Revista adds new partner, board members

Capital One signs on as Platinum Partner; Capital One, THR and Kaiser executives join Advisory Board; and plans are unveiled for 2018 Medical Real Estate Investment Forum ARNOLD, Md., May 10, 2017 – Revista, the nation’s healthcare real estate information leader, recently announced the addition of a new Platinum Partner, Capital One Healthcare, and accompanying […]

Davis of Minneapolis is taking a phased development approach to the Hazelwood Medical Center in Maplewood, Minn. The firm first developed 82,000 square feet but based on strong leasing activity, is now developing the facility to its maximum capacity of 148,000 square feet. (Rendering courtesy of Davis)

News Release: Davis expanding Hazelwood Medical Center in Maplewood, Minn.

Based on strong leasing activity, the Minneapolis-based firm is developing the facility to its maximum capacity of 148,000 square feet for HealthEast and other medical tenants MINNEAPOLIS and MAPLEWOOD, Minn., May 10, 2017 – After starting development of an initial 82,000 square foot phase of the Hazelwood Medical Center last fall, Davis is now expanding the building […]

The 168,511 square foot McAuley Medical Center in Phoenix was the largest building acquired as part of the Dignity Health MOB portfolio. (Photo courtesy of NexCore Group)

News Release: Healthcare Trust of America Closes on Medical Office Portfolio in Arizona and Southern California

SCOTTSDALE, Ariz., May 9, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA), the largest owner and operator of medical office buildings in the United States, announced today that it closed on the previously announced medical office building portfolio in Arizona and Southern California. The total consideration for the portfolio was approximately $150 million, […]

Photo courtesy of Colliers

Thought Leaders: Retail Dimensions of Health Care Report Part I (from Colliers)

Colliers International has released a new report: “Retail Dimensions of Health Care Report Part I.” Please see below for excerpts and a link to the full report. Examining the Increased Presence of Health Care in the Retail Setting The world of retail today is all about adapting to the rapidly evolving needs of consumers. Now, […]

News Release: National Triple Net-Leased Healthcare Portfolios Trade

JLL completes $137.6 million sale of Inpatient Rehabilitation Hospitals BOSTON, May 8, 2017 – On behalf of Healthcare Realty Trust, JLL’s Capital Markets experts announce the sale of six Inpatient Rehabilitation Hospitals located in Arizona, Pennsylvania and Texas. In two transactions, affiliates of Global Medical REIT and Carter Validus Mission Critical REIT each purchased three […]

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News Release: MedCraft completes 60,000 square-foot outpatient facility for Ascension Health in Howell, Mich.

MedCraft just completed another major project for Ascension Health. The Ascension Medical Center, a $13.5 million, 60,000 square-foot outpatient facility in Howell, Mich., (outside of Detroit) opened Friday. The new outpatient center will offer primary care services of family practice, internal medicine, obstetrics/gynecology and pediatrics. Specialties include cardiology, pulmonology and audiology. Other services include diagnostic […]

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News Release: Catalyst CRE Acquires White-Wilson Real Estate Holdings for $30.3M

Catalyst CRE Acquires White-Wilson Real Estate Holdings  (FORT WALTON BEACH, Fla.) May 5, 2017 — Healthcare real estate development firm Catalyst CRE recently acquired the real estate holdings of northwest Florida-based White-Wilson Medical Center.  The acquisition-leaseback deal includes 8 buildings and more than 144,000 square feet, purchased for nearly $31.3 million. The facilities will be […]

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Cover Story: Tearing up Obamacare

How potential health law changes might affect HRE By John B. Mugford With resistance in Congress, President Donald Trump has found it more difficult than he expected to keep his campaign promise to repeal and replace Obamacare. Yet most believe that some changes to the Patient Protection and Affordable Care Act (PPACA) are inevitable. How […]

News Release: Ryan Companies Names New Senior Vice President of North Region

News Release: Ryan Companies Names New Senior Vice President of North Region

Ryan Companies US, Inc. Promotes Mike Ryan to Executive in Charge of its North Region Minneapolis, MN (May 3, 2017) — Ryan Companies US, Inc. announced today the promotion Mike Ryan to Senior Vice President – North Region Market Leader and executive in charge of its largest business unit (North Region) based in Minneapolis, MN. “Mike […]

David Martin (Photo courtesy of MBRE Healthcare)

News Release: MBRE Healthcare Names Martin SVP of Development

CHICAGO – MB Real Estate (MBRE) Healthcare has named David Martin senior vice president of the firm’s development division. MBRE Healthcare is a national, full-service real estate company that acquires, develops, leases, and manages healthcare facilities, along with its affiliated fund manager, ROA Holdings. “We’re very happy to have someone with David’s experience helping lead […]

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News Release: Dallas: Office/Medical Complex Changes Hands

Office/Medical Complex Changes Hands in Dallas DALLAS, May 2, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced  the sale of the Forest Green Office/Medical Complex, a four-building, 173,790-square-foot office complex in Dallas. “The asset was previously listed by multiple […]