Editor’s Letter: The Obamacare effect
Even if support wanes, the HRE sector will benefit Dear Reader: Admit it. Those of you who disdain President Obama and all that he stands for politically prefer to use the term “Obamacare” when referring to the Patient Protection and Affordable Care Act (PPACA). The reference seems to encapsulate one’s negative feelings not only about […]
For Sale: Well-Established Medical Office Building in Seattle, Washington – CBRE Inc.
Stable, Long-Term Incoming Producing Asset 15.36% Cash on Cash Return Following Lease Up of 4,231 SF Located on one of the main north/south arterials in Seattle’s South-End, the Property was designed by physicians – for medical practitioners – and includes substantial electrical and plumbing infrastructure required to meet the needs of professional health-care providers. […]
For Sale: Premier Senior Housing Portfolio: Emeritus of Southern California – CBRE Inc.
The Offering CBRE’s Healthcare Capital Markets Group is pleased to exclusively offer the Emeritus Senior Living Portfolio in Tarzana and Garden Grove, California for purchase. The two senior living communities are 100% leased to Emeritus Senior Living Corporation with 17-years of option term remaining with annual increases. Emeritus began operations of the properties in June […]
News Release: Cancer center earns EPA’s ENERGY STAR®
Duke Realty-developed building commonly known as Baylor Charles A. Sammons Cancer Center receives Environmental Protection Agency recognition for superior energy efficiency DALLAS, July 10, 2013 – The building commonly known as the Baylor Charles A. Sammons Cancer Center in Dallas, developed and managed by Duke Realty, has earned the U.S. Environmental Protection Agency’s (EPA’s) ENERGY […]
News Release: Caddis starts work on next Heartis community
The firm’s second branded assisted living and memory care community near Eagle Mountain Lake in north Fort Worth, Texas, is part of its $100 million senior housing investment program FORT WORTH, Texas, July 10, 2013 – Just a few weeks after announcing its plan to invest more than $100 million in senior housing projects during […]
News Release: Plaza Companies Update: July 9, 2013
Brookings Institute: Healthcare Industry Impacting Economic Recovery From the Brookings Institute: The implementation of the Affordable Care Act and pressures to contain costs, expand access to care and improve health outcomes have focused attention on the healthcare industry. Healthcare is a large, diverse, and growing component of the economy. It employs about 14.5 million people […]
News Release: American Realty Capital Healthcare Trust Investment Update
American Realty Capital Healthcare Trust (“ARC HT”), is a publicly registered, non-traded real estate investment trust focused on the acquisition of income producing healthcare facilities across the medical care continuum. Company Highlights Completed $1.7 billion equity raise during 2Q 2013 Closed over $200 million of transactions in 2013 (approximately $900 million in total) Portfolio includes […]
News Release: McCarthy Begins Construction on Grossmont Hospital Heart and Vascular Center in East San Diego County
McCarthy Building Companies, Inc., has begun construction for the new 74,000-square-foot Heart and Vascular Center at Grossmont Hospital, located in La Mesa, Calif. Funded through Prop. G, a $247 million bond measure approved by East County voters in 2006, the estimated $26.3 million facility will allow for expansion of the hospital’s existing surgery department and […]
News Release: CO Architects Lauded for ‘Forward Thinking and Ambitious’ Design
Palomar Medical Center Receives AIA National Healthcare Design Award LOS ANGELES, July 9, 2013—The CO Architects-designed Palomar Medical Center (PMC) in Escondido, CA, has been awarded a 2013 National Healthcare Design Award from the American Institute of Architects (AIA) Academy of Architecture for Health, in the Built category. The “garden hospital” is a model for […]
News Release: EnTrust Realty Advisors Announces the Sale of the Lincoln Healthcare Building in Bettendorf, IA
CHICAGO, July 9, 2013 – EnTrust Realty Advisors, LLC, announces the sale of the Lincoln Healthcare Building, a 39,899 SF medical office building in Bettendorf, IA. James I. Clark III, EnTrust’s Managing Principal, announced the transaction. EnTrust Realty Advisors and NAI Ruhl & Ruhl Commercial Company represented the seller, a private partnership, in the transaction; […]
News Release: Fairfield Advisors announces successful closing of St Vincent Medical Office Building
Denver CO & Little Rock AR / PR Newswire – Fairfield Asset Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the successful sale of the St Vincent Medical Office Building in Lonoke, AR. The Medical Office Building is anchored by the St Vincent Hospital System with headquarters in Little Rock […]
News Release: Plaza Companies Adds Industry Veteran Sharon Cinadr To Growing Property Management Team
Cinadr Will Provide 25+ Years Experience, Manage Portfolio of 365,000 Square Feet PHOENIX, Arizona (July 8, 2013) — On the heels of impressive growth in Plaza’s Brokerage Services team and the addition of more than 900,000 square feet to the company’s leasing portfolio, Plaza Companies is also bolstering its Property Management team as well. Industry veteran Sharon Cinadr has joined Plaza Companies […]
News Release: $39.2bn raised by private equity real estate funds in H1 2013
Latest private equity real estate fundraising statistics revealed by PEI Highlights for H1 2013: $39.2 billion was raised through the final close of 100 private equity real estate funds. This is less than the $64.7 billion raised in H2 2012 – which was dominated by Blackstone’s fund that closed in that period – but more […]
For Sale: 100% Leased Medical Office Building: Fairfield County, CT – CBRE Inc.
CBRE, Inc. has been retained as exclusive advisor in the fee simple sale of 555 Bridgeport Avenue, a 100% leased, two-tenant medical office building located in Shelton, CT approximately 65 miles from midtown Manhattan. The property offers stable cash flow and ease of management with the potential for significant upside as the current in place […]
CNL Lifestyle Properties Acquires Indiana Senior Housing Community for $22 MILLION – 221 Unit Facility Located near Indianapolis
(ORLANDO, Fla.) July 2, 2013 – CNL Lifestyle Properties, Inc., a real estate investment trust (REIT), has acquired The Stratford Continuing Care Retirement Community, a 221-unit, Class A senior housing community in Carmel, Ind., for $22 million. The community will continue to be managed by Maxwell Group Inc., which currently manages properties in North Carolina, South Carolina, […]
