News Release: 2017 HREI Insights Awards Finalists revealed

News Release: 2017 HREI Insights Awards Finalists revealed

Healthcare Real Estate Insights magazine announces the Finalists for the fifth annual awards recognizing excellence in healthcare real estate development and leadership MINNEAPOLIS, Oct. 18, 2017 – Healthcare Real Estate Insights™ magazine is pleased to announce the Finalists of the 2017 HREI Insights Awards™, the first and only national awards dedicated to recognizing excellence in […]

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September 2017

September 2017

Please click on one of the options below to access the current edition of Healthcare Real Estate Insights™ in your preferred format (paid subscription required): PDF (“snapshot” of entire publication) Website (individual articles)   2017 Archives 2016 Archives 2015 Archives 2014 Archives 2013 Archives The full content of this article is only available to paid […]

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John Thomas

Companies & People: Five questions for John Thomas

Physicians Realty Trust CEO credit relationships for recent flurry of acquisitions By John B. Mugford Coming off a remarkable 2016 in which Milwaukee-based Physicians Realty Trust (NYSE: DOC) acquired about $1.3 billion worth of healthcare facilities, mostly medical office buildings (MOBs), officers with the real estate investment trust (REIT) indicated they were not likely to […]

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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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Cover Story: Top 50 owners of healthcare real estate

Kaiser still king of HRE ownership Data firm Revista releases latest Top 50 owners report, with health systems still dominating By John B. Mugford Editor’s note: This article contains corrections to the original version, based on updated information subsequently received from Revista. As has been the case for each of the past four years, the […]

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Feature Story: Inside the biggest monetization ever

A behind-the-scenes look at CHI’s $700 million portfolio sale to DocREIT By John B. Mugford Much has already been said and written about last year’s largest medical office building (MOB) portfolio monetization – which is also said to be the largest ever. The headline-grabbing sale had Englewood, Colo.-based Catholic Health Initiatives (CHI) selling 51 MOBs […]

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News Release: Avison Young Completes Sale of Vacant Medical Office Building in Tempe, AZ

Avison Young brokers $1.66 million sale of vacant medical office building in Tempe, AZ Phoenix, AZ – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has negotiated the $1.66 million sale of a vacant 9,816-square-foot medical office building in Tempe, AZ. Avison Young Principals Julie Johnson and Alexandra Loye, based […]

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News Release: Flagship Healthcare Properties expands Triangle footprint with Holly Springs acquisition

For Immediate Release HOLLY SPRINGS, NC – October 14, 2017 – Flagship Healthcare Properties has acquired the Holly Springs Surgery Center building located at 600 Village Walk Drive in Holly Springs, North Carolina. The new Class A, ± 18,220 square foot ambulatory surgery center (“ASC”) and medical office building (“MOB”) was recently developed as a build-to-suit […]

News Release: New Medical Center Planned in Northern Colorado Springs

News Release: New Medical Center Planned in Northern Colorado Springs

DENVER, COLORADO, November 13, 2017 – Plans are underway for a new medical office campus on the north side of Colorado Springs, adjacent to the expanding UC Health Memorial North Campus.  Mortenson Development in a joint venture with Realty Management Group recently announced plans to build a multi-phased medical office campus at the intersection of […]

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News Release: Sold – Medical Office | San Diego | CA

North Coast Medical Plaza 6010 Hidden Valley Road Carlsbad, CA 92011 Size: 49,580 SF Seller: SSG TH, LLC Buyer: Monticeto Medical San Diego Capital Markets Bob Prendergast | 858 410 1217 CA RE License # 00883530 bob.prendergast@am.jll.com Lynn LaChapelle | 858 410 1216 CA RE License #00898286 lynn.lachapelle@am.jll.com Sach Kirpalani | 858 410 6392 CA RE License # 01799500 sach.kirpalani@am.jll.com John […]

Pamela Kessler

News Release: Physicians Realty Trust Announces New Board Member, Pamela J. Kessler

November 13, 2017 08:00 AM Eastern Standard Time 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, today announced the addition of a new board member. On November 10, 2017, Pamela J. Kessler accepted the invitation of the Board of Trustees (the […]

News Release: NexCore breaks ground on three-building outpatient campus for Summit Healthcare  

News Release: NexCore breaks ground on three-building outpatient campus for Summit Healthcare  

FOR IMMEDIATE RELEASE Media Contact: Tracy Hindman, NexCore Group • 303.293.0673 • Tracy.Hindman@NexCoreGroup.com High-performance outpatient center and outpatient surgery center will provide integrated care for patients, with reduced costs and higher productivity for the client, in Show Low, Ariz. SHOW LOW, Ariz., and DENVER, Nov. 10, 2017 – Guided by its innovative space planning process, NexCore Group is […]

News Release: Healthcare Real Estate Capital selected as exclusive financial advisor to Lingerfelt Commonwealth Partners

Presentation of Capabilities Lingerfelt Commonwealth Partners Research & Laboratory Disposition Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the exclusive financial advisor to Lingerfelt Commonwealth Partners (“Lingerfelt”) related to the disposition of a multi-tenant Class-A 261,823 square foot research and laboratory facility (“Asset”) located in downtown Richmond, Virginia. The Asset is strategically […]

News Release: MedCore Partners and Post Acute Medical, LLC Announce Development of PAM Rehabilitation Hospital of Dover

Dover, DE November 10, 2017 – MedCore Partners and Post Acute Medical, LLC (“PAM”) are pleased to announce the development of PAM Rehabilitation Hospital of Dover. Operated by PAM, this state-of-the art 42,000-square-foot acute inpatient rehabilitation hospital will provide comprehensive inpatient rehabilitation and outpatient therapy services for families in Dover, DE, and surrounding communities. Located near […]

News Release: NexCore Group adds Rob Stieg and Kyle Robbins to its Design & Construction Team  

News Release: NexCore Group adds Rob Stieg and Kyle Robbins to its Design & Construction Team  

National healthcare real estate developer hires two industry veterans as Senior Vice Presidents to manage increased nationwide projects for its expanding design & construction department Rob Stieg has joined NexCore Group as its Senior Vice President, Design & Construction. Kyle Robbins has joined NexCore Group as its Senior Vice President, Design & Construction. DENVER, Nov. […]

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News Release: Hammes breaks ground on the University of South Florida’s interdisciplinary Morsani College of Medicine and Heart Institute in Water Street Tampa

MILWAUKEE, Wis. and TAMPA, Fla., Nov. 9, 2017 – Hammes Company (hammesco.com), the nation’s leading healthcare developer, has broken ground on the University of South Florida’s (USF) Morsani College of Medicine and Heart Institute (MCOM + HI) located in Water Street Tampa, a downtown district in Tampa, Fla. The project team will include Hammes Company […]

Caddis recently recapitalized six Heartis senior living communities, including the 108-unit Heartis Village Peoria in Illinois (top) and the 95-unit Heartis Waco in Texas (bottom). This is the company’s second Heartis recapitalization of the year.

News Release: Caddis recapitalizes six Heartis senior living communities in Texas, Illinois

Firm has refinanced 1,048 units for $170 million in new debt this year, strengthening its financial position and reaffirming its commitment to the senior living sector Caddis recently recapitalized six Heartis senior living communities, including the 108-unit Heartis Village Peoria in Illinois (top) and the 95-unit Heartis Waco in Texas (bottom). This is the company’s […]

Artist rendering of the new acute care tower planned for Scripps Mercy Hospital San Diego as part of Scripps Health's new system-wide master plan.

News Release: Scripps Unveils Master Plan for 5 Hospital Campuses

November 7, 2017 Building program is largest in the history of the San Diego County health system Scripps Health today unveiled a master plan that represents the largest building program in the health care system’s 125-year history and triggers significant construction projects at its hospital campuses across San Diego County designed to serve the needs […]

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News Release: Recently Sold: Medical Park II, Chattanooga TN

Newmark Knight Frank Global Healthcare Services 21,880 SF Medical Office Building Sale Price: $7,030,000 Sale Date: 10/27/2017 Brokers: Todd Perman, CCIM Executive Managing Director Global Healthcare Services Phone: 404.806.2511 tperman@ngkf.com Garth Hogan Executive Managing Director Global Healthcare Services Phone: 949.608.2115 ghogan@ngkf.com Dana P. Hamric Managing Director Global Healthcare Services Phone: 404.806.2513 dhamric@ngkf.com Joey Dillard Associate […]

News Release: Welltower Reports Third Quarter 2017 Results

News Release: Welltower Reports Third Quarter 2017 Results

NEWS PROVIDED BY Welltower Inc. 07:30 ET TOLEDO, Ohio, Nov. 7, 2017 /PRNewswire/ — Welltower Inc. (NYSE: HCN) today announced results for the quarter ended September 30, 2017. For the quarter, we generated net income attributable to common stockholders of $0.20 per share and normalized FFO attributable to common stockholders of $1.08 per share. Quarterly Highlights Seniors housing operating SSNOI grew 4.1% and SS REVPOR […]

Connie Pope

News Release: Crown Tenant Advisors Hires Marketing Manager

Healthcare real estate firm grows company and brand Atlanta, GA, October 25, 2017  – Crown Tenant Advisors, a boutique healthcare real estate firm, announced today that Connie Pope has joined the company as their new Marketing Manager. Connie will be responsible for developing and implementing marketing strategies and tactics to increase brand awareness and support […]