HTA acquires North Carolina MOB
Healthcare Trust of America, Inc. Acquires an Approximately 153,000 Square Foot Medical Office Park in Cary, North Carolina SCOTTSDALE, Ariz., Jan. 3, 2011 /PRNewswire/ — Healthcare Trust of America, Inc. (“HTA”), a self-managed, non-traded, real estate investment trust, announced the completed acquisition of a medical office park in Cary, North Carolina for approximately $28,200,000. The [...]
Ventas subsidiary Lillibridge acquires ThedaCare portfolio
Ventas Acquires Medical Office Building Portfolio Totaling 225,000 Square Feet Transaction Represents Ventas’s First Medical Office Acquisition Under New Lillibridge Platform CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas”) said today that its wholly owned subsidiary, Lillibridge Healthcare Services, Inc. (“Lillibridge”), has acquired a portfolio of five class “A” medical office buildings totaling 225,000 square feet on [...]
Plaza Companies Expands Presence in Tucson Marketplace
Plaza Companies Expands Presence in Tucson Marketplace Plaza Companies, a leader in the senior living and medical office marketplace in Arizona, is expanding its presence in the Tucson area and opening a new Tucson office. Opening Tucson Office to Serve Local Medical Office Properties; Hires Experienced Leasing Director for Area Portfolio TUCSON, Arizona (December 6, 2010) [...]
LaSalle Group breaks ground for Tulsa assisted living facility
THE LASALLE GROUP, inc. MOVES INTO NEW TERRITORY OPENING ITS unique brand of SPECIALIZED MEMORY CARE communities IN THE TULSA MARKETLeading Real Estate Developer Constructs State-of-the-Art Facility Dedicated Specifically to Alzheimer’s and Memory Care in Tulsa, OKTulsa, OK – November 29, 2010 – Dallas-based developer The LaSalle Group, Inc. is breaking ground on its first [...]
Editor’s Letter: Reform ‘might’ fill MOB space
PERHAPS MILLIONS OF SQUARE FEET WOULD NOT BE NEEDED Dear Reader: Not to shoot down something that we wrote about last month, but there does seem to be a different interpretation of whether there would be a big increase in demand for the development of medical office space should President Obama’s healthcare reform proposal be [...]
Reform equals MOB boon
MARCUS & MILLICHAP: DEMAND COULD BE 61M S.F. By John Mugford, Editor For quite some time now, healthcare real estate professionals have been saying that the passage of some form of universal healthcare coverage would likely result in increased demand for medical office buildings (MOBs) as well as other outpatient facilities. While such professionals have [...]
Industry Pulse (September 2009)
By HREI Staff CAMPBELL, Calif. – Remember the recession? OK, we know, the economy is not out of the woods just yet – not even close. But before the recession took hold, the development of upscale medical facilities with plenty of amenities were on the upswing, giving people with good insurance and deep pockets the [...]
Publisher’s Letter: Bueller? Bueller? Bueller?
BEN STEIN HELPS NIC ATTENDEES FIND OMPTIMISM Dear Reader: Earlier this month, I once again had the opportunity to attend the annual conference presented by the National Investment Center for the Seniors Housing & Care Industry (NIC) in Chicago. The folks at NIC put on a first class event, as always. But one of the [...]
Companies & People (January 2006)
COMPANIES A joint venture of Paric Corp. and Barton Malow Co. is building the $75 million, five-story, 180,000 square foot, 72-bed Progress West HealthCare Center on 48 acres in O’Fallon, Mo. St. Louis-based Paric and Southfield, Mich.-based Barton Malow say the project will be completed next year. St. Louis-based HOK is the project architect… Minneapolis-based [...]
Deals demand proper due diligence: HEALTHCARE BUYERS CAN AVOID LEGAL PROBLEMS IF THEY DO THEIR HOMEWORK
By Douglas A. Hastings and David E. Matyas As Wall Street’s enthusiasm for investing in healthcare organizations continues to swell and as recent state and federal laws and investigations have raised the stakes associated with healthcare entities’ operations, it is more important than ever that attorneys working on healthcare transactions be familiar not only with [...]
Other Healthcare Real Estate News
- ABI Takes Disappointing Dip May 17, 2012
- Utility Ecosystem Key to Energy Efficiency May 17, 2012
- Inside the C-Suite at SIOR May 12, 2012
- Roundtable: CRE Still Bifurcated, But Not How You'd Expect May 11, 2012
- Skanska: Virginia Excels in PPP Policies May 10, 2012
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