Companies & People

News Release: MedProperties Holdings acquires multistate Harrison Street healthcare real estate portfolio

News Release: MedProperties Holdings acquires multistate Harrison Street healthcare real estate portfolio

The acquisition is the largest to date for the Dallas-based private equity firm. It includes a diverse 10-state, 17-property, 92% leased portfolio totaling 620,750 square feet, with an approximate cost of $230 million. DALLAS, Sept. 13, 2017 – Acquiring any sizable healthcare real estate (HRE) portfolio can be a challenge. But the recent acquisition of […]

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News Release: Avison Young brokers $4.9-million sale of historic Grunow Memorial Medical Center in Phoenix

Phoenix, AZ – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has negotiated the $4.9-million sale of Grunow Memorial Medical Center, a historic 47,494-square-foot medical office building in Phoenix. Avison Young Principals Julie Johnson and Alexandra Loye, based in the company’s Phoenix office, brokered the sale. The seller was […]

News Release: Hammes Appoints New Vice President for Facility Development

News Release: Hammes Appoints New Vice President for Facility Development

MILWAUKEE, Wis., September 15, 2017 – Hammes Company, the nation’s leader in healthcare facilities development, (hammesco.com) today announced that Marvin Daniels, has joined the firm to meet growing market demand for specialized project management services. Hammes Company is hiring to meet growing demand in most parts of the country, including the Southeast, Midwest and Northeast. […]

Tom Klaritch

News Release: HCP Provides Update on Impact of Hurricane Irma

IRVINE, Calif., Sept. 15, 2017 /PRNewswire/ — HCP, Inc. (NYSE: HCP) today provided an update on the impact from Hurricane Irma. HCP’s preliminary assessment indicates that its assets in the impacted regions incurred either no or limited wind, flood or other storm-related damage. Utility power has been restored at all but one property. “The care […]

Matthews  Medical  Office Building (Photo courtesy of CNL)

News Release: CNL Healthcare Properties Sees Significant Income Gains Across Its Portfolio

With opening of new developments, REIT focused on maximizing property performance (ORLANDO, Fla.) Sept. 14, 2017 — CNL Healthcare Properties, a non-traded real estate investment trust (REIT) invested in seniors housing and healthcare properties, continues its focus on maximizing operating performance across its portfolio and completing its most recent expansion project. Reflecting these efforts, the […]

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News Release: Meridian Buys Historic Grunow Memorial Medical Center in Phoenix

Purchase Represents Meridian’s First Major Transaction Outside of California PHOENIX, Ariz. – Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Grunow Memorial Medical Center, a landmark 51,150-square-foot two-story medical office building located at 926 East McDowell Road in Phoenix, Arizona. The seller was PacVentures, a real […]

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News Release: Marcus Partners Sells Cross Street Medical Center

9/11/17 Newmark Knight Frank (NKF) has successfully represented Marcus Partners in the sale of Cross Street Medical Center at 40 Cross Street in Norwalk, Connecticut to Anchor Health Properties for $23 million. Executive Managing Director Frank Nelson, Senior Managing Director Michael Greeley and Director Danielle DeMarco of NKF’s Boston Medical-Academic Practice Group, which is led by […]

News Release: Strawberry Fields REIT Acquires A Rehabilitation and Nursing Facility for $21.8 Million

News Release: Strawberry Fields REIT Acquires A Rehabilitation and Nursing Facility for $21.8 Million

SOUTH BEND, Ind.—September 11, 2017—Strawberry Fields REIT LLC (Strawberry Fields), 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 acquired a rehabilitation and nursing facility for $21.8 million. This acquisition was financed with a $15 million loan from […]

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News Release: Executed Purchase and Sale Agreements Totaling $166.0 Million

MILWAUKEE–(BUSINESS WIRE) – Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our,” “us,” and “DOC”), a self-managed healthcare real estate investment trust, is announcing that the Company has completed acquisitions of eight medical office facilities since June 30, 2017. The facilities represent approximately 417,753 square feet with a total purchase price of $129.7 […]

Max Burcham

News Release: Max Burcham Joins Snyder Langston as Project Executive

Los Angeles, CA (September 8, 2017) – Snyder Langston, a Southern California-based master builder, has announced the addition of Max Burcham as Project Executive, reinforcing the firm’s Healthcare group and its Los Angeles market presence. Burcham brings three decades of industry experience to his role, with an especially strong background in healthcare construction. Prior to […]

Murray W. Wolf, Healthcare Real Estate Insights

News Release: Expert panel scheduled to discuss current healthcare real estate market environment

Trends in medical office building cap rates, pricing, competition, capital, construction costs and more will be examined at InterFace Healthcare Real Estate in Dallas Sept. 14 MINNEAPOLIS and DALLAS, Sept. 8, 2017 – The only constant in healthcare real estate (HRE) is change, so it makes sense for HRE professionals to stay well informed about […]

News Release: Just Closed - Medical Office Complex in Houston Metro

News Release: Just Closed – Medical Office Complex in Houston Metro

The JLL Healthcare Capital Markets Group is pleased to announce the sale of Sugar Land Medical Pavilion, a medical office complex consisting of three multi-tenant medical office buildings in the desirable Sugar Land submarket of Houston, Texas. The properties are strategically situated within five miles of three hospital campuses with anchor tenants including The University […]

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News Release: HREI to offer exclusive preview of update to list of top 50 healthcare real estate owners

Healthcare Real Estate Insights™ will feature a sneak peek at Revista’s newly updated rankings of the top 50 U.S. medical property owners in its September 2017 edition MINNEAPOLIS, Sept. 6, 2017 – One of the most popular articles Healthcare Real Estate Insights™ magazine has ever published was the October 2014 cover story “Who are the largest […]

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Industry Pulse: More details emerge on CBRE Global Investors’ massive medical office portfolio acquisition

LOS ANGELES — More details have emerged in the large medical office building (MOB) portfolio acquisition that was announced Aug. 16 by Los Angeles-based CBRE Global Investment Partners (CBRE GIP), an independently operated affiliate of CBRE Group Inc. (NYSE: CBG). (CBRE GIP invests on behalf of its clients, not for any CBRE entity, and it operates independently […]

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News Release: HFF marketing sale of four medical office buildings for sale in Greater Philadelphia

PHILADELPHIA, PA – September 5, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) has been awarded to market the sale of Norriton Medical Center, a four-building, 74,212-square-foot medical office campus in East Norriton, Pennsylvania, within just two miles of multiple hospital campuses and senior living facilities. The HFF team is marketing the property on behalf of […]

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