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News Release: Just Closed - The Medical Pavilion, Fresno, Calif

News Release: Just Closed – The Medical Pavilion, Fresno, Calif

CBRE Capital Markets | Healthcare JUST CLOSED THE MEDICAL PAVILION Fresno, CA Sale Date: 10/30/2019 Property Size: 32,941 SF Occupancy: 93% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of The Medical Pavilion (the “Property”), located in Fresno, California. Chris Bodnar, Lee Asher, Ryan Lindsley, Jordan Selbiger and Sabrina Solomiany acted as the seller’s […]

News Release: Global Medical REIT Announces Third Quarter 2019 Financial Results

Company Release – 11/6/2019 4:15 PM ET Completes $239 Million of Acquisitions Year-to-Date BETHESDA, Md.–(BUSINESS WIRE)— Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built healthcare facilities and leases those facilities to strong healthcare systems and groups with leading market share, today […]

News Release: PMB breaks ground for new 55,000-square-foot St. Mary’s Medical Pavilion in Tucson, Ariz.

News Release: PMB breaks ground for new 55,000-square-foot St. Mary’s Medical Pavilion in Tucson, Ariz.

FOR IMMEDIATE RELEASE Officials at the San Diego-based healthcare real estate firm say the $19 million pavilion is already 60 percent pre-leased by Carondelet Medical Group and other healthcare practices TUCSON, Ariz., and SAN DIEGO, Nov. 6, 2019 – PMB, one of the nation’s leading real estate owners and developers across the continuum of care, […]

News Release: JLL closes $142.9M sale of 50-property investment grade portfolio

News Release: JLL closes $142.9M sale of 50-property investment grade portfolio

Keen investor interest in medical properties continues BOSTON, Nov. 6, 2019 – JLL announced today that it has closed the $142.9 million sale of a 50-property national investment grade portfolio totaling approximately 430,000 square feet across 22 states. JLL represented the seller, Elliott Bay Capital Trust, and procured the buyer, a publicly traded REIT. The […]

Feature Story: Health systems are fighting back against disruptors

Feature Story: Health systems are fighting back against disruptors

Executives talk strategy for taking on Amazon, other non-traditional providers By John B. Mugford Not too long ago, a hospital or health system could easily identify its main competitors: typically other hospitals, perhaps, or health systems, looking to enter its market or to fly their flag in unclaimed territory. As we all know, much has […]

News Release: Montecito Continues to Expand

News Release: Montecito Continues to Expand

Montecito Hires Data Manager, Jennifer Price FOR IMMEDIATE RELEASE November 5th, 2019 Nashville, Tenn. — Montecito Medical, the nation’s top privately held acquirer of medical real estate, has expanded its growing team with the addition of Jennifer Price as Data Manager. Price, a data scientist who has extensive experience in analytics and information management, will be directly […]

News Release: Just Closed - Las Colinas Cancer Center

News Release: Just Closed – Las Colinas Cancer Center

JUST CLOSED LAS COLINAS CANCER CENTER Irving, TX Sale Date: 10/28/2019 Property Size: 14,900 SF Occupancy: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of Las Colinas Cancer Center (the “Property”), located in Irving, Texas. Chris Bodnar, Lee Asher, Ryan Lindsley, Jordan Selbiger and Sabrina Solomiany partnered with Austin Barrett in the Texas market […]

News Release: Capital One Provides $285 Million Bridge Loan Refinancing for Seniors Housing Portfolio

News Release: Capital One Provides $285 Million Bridge Loan Refinancing for Seniors Housing Portfolio

FOR IMMEDIATE RELEASE New York (November 4, 2019) – Capital One announced today that closed a $285 million bridge loan to refinance a portfolio of 13 senior living communities owned by Prime Care, LLC. They consist of 1,081 assisted living, 301 memory care, and 85 skilled nursing units located in seven states. Sunrise Senior Living manages […]

News Release: Flagship Healthcare Properties Acquires Medical Office Building Anchored by Prisma Health in Columbia, South Carolina

News Release: Flagship Healthcare Properties Acquires Medical Office Building Anchored by Prisma Health in Columbia, South Carolina

NEWS RELEASE FOR IMMEDIATE RELEASE             CHARLOTTE, N.C. (November 4, 2019) – Flagship Healthcare Trust (Flagship REIT), a private healthcare real estate investment trust managed by Flagship Healthcare Properties (Flagship), has announced its acquisition of a 57,375-square-foot medical office building (MOB) in Columbia, South Carolina’s northeast submarket, one of the fastest […]

News Release: Skanska to Build New UNC Hospitals Surgical Tower in Chapel Hill, North Carolina

News Release: Skanska to Build New UNC Hospitals Surgical Tower in Chapel Hill, North Carolina

Press Release November 1, 2019 Durham, NC (November 1, 2019) — Global development and construction firm Skanska has announced it will construct the new UNC Hospitals’ Surgical Tower located in the center of the UNC Healthcare campus. The 335,000-square-foot project will cost $257 million and Skanska is providing preconstruction and construction management at risk services. When completed in 2022, […]

News Release: PMB Positively Impacts Healthcare in the Underserved Heart of California’s Imperial Valley

News Release: PMB Positively Impacts Healthcare in the Underserved Heart of California’s Imperial Valley

FOR IMMEDIATE RELEASE      The new 45,000-square-foot El Centro Health Center has increased patient capacity by 85 percent and is offering a wide variety of new medical specialties and services, including dental, opthalmology, pharmacy and lab. EL CENTRO and SAN DIEGO, Calif., Oct. 31, 2019 – PMB, one of the nation’s leading real estate […]

News Release: Healthpeak™ Reports Third Quarter 2019 Results

News Release: Healthpeak™ Reports Third Quarter 2019 Results

News Release Issued: Oct 30, 2019 (4:20pm EDT) IRVINE, Calif., Oct. 30, 2019 /PRNewswire/ — Healthpeak Properties, Inc., formerly known as HCP, Inc. (NYSE: HCP, to become “PEAK” effective November 5, 2019), today announced results for the third quarter ended September 30, 2019. For the quarter, Healthpeak generated a net loss of $0.09 per share, NAREIT FFO […]

News Release: Caddis and Heartis honored as fastest growing companies by the 2019 Aggie 100

News Release: Caddis and Heartis honored as fastest growing companies by the 2019 Aggie 100

FOR IMMEDIATE RELEASE The national healthcare real estate firm and its senior living division are among the top 100 worldwide companies selected by the 15th annual Aggie 100 COLLEGE STATION and DALLAS, Texas, Oct. 30, 2019 – National healthcare real estate firm Caddis® and its Heartis® senior living division, which are headquartered in Dallas, are […]

News Release: Markvluwer to lead ERDMAN’s Real Estate Development Strategy

News Release: Markvluwer to lead ERDMAN’s Real Estate Development Strategy

FOR IMMEDIATE RELEASE Madison, Wisconsin. (October 29, 2019) –  ERDMAN is delighted to welcome Greg Markvluwer as Vice President Real Estate Development. In this role, Greg will lead the development and execution of ERDMAN’s Real Estate Development strategy. Throughout his career, Greg has made an astounding impact on the healthcare and senior living industries and […]

News Release: 2019 HREI Insights Awards Finalists announced

News Release: 2019 HREI Insights Awards Finalists announced

Healthcare Real Estate Insights magazine announces the Finalists for the 7th annual awards recognizing excellence in healthcare real estate development and leadership MINNEAPOLIS, Oct. 30, 2019 – Healthcare Real Estate Insights™ magazine is pleased to announce the Finalists of the 2019 HREI Insights Awards™, the first and only national awards dedicated to recognizing excellence in the […]