Post-Acute & Senior Living: More Post-Acute and Senior Living Real Estate News
• Grandbridge Real Estate Capital’s Seniors Housing Team recently closed three seniors housing transactions totaling more than $23.4 million.
Outpatient Projects: Proton therapy center planned for Metroplex would be country’s 23rd
IRVING, Texas – By 2016, there are expected to be 23 proton therapy treatment centers in the United States. One of those is slated to be the Texas Center for Proton Therapy, which recently broke ground in the Dallas-Fort Worth Metroplex city of Irving.
Cover Story: Focusing on financing models
Hot news: Panelist’s system is selling a portfolio of MOBs Destination: BOMA MOB Conference, San Francisco By John B. Mugford Editor’s note: This is an expanded version of the article that appeared in the print edition of Healthcare Real Estate Insights It doesn’t happen very often that breaking news emerges from a panel discussion at […]
Inpatient Projects: Stanford Hospital finally underway
New facility will be built next to current hospital, upping capacity to 600 beds By John B. Mugford Work has finally started on the hospital expansion at Stanford University in Palo Alto, Calif. After the project’s approval was delayed several times, a joint venture of Clark Construction Group-California LP and McCarthy Building Cos. Inc., called […]
Inpatient Projects: Memorial Hermann plans hospital at its campus in Pearland, Texas
PEARLAND, Texas – As the Houston suburb of Pearland continues to boom, Houston-based Memorial Hermann Health System is looking for more ways to capture market share in the city. The Houston-based health system recently announced a plan to help it do just that: an expansion of its current outpatient campus in Pearland with the building […]
Industry Pulse: Development is on the Rise, Report Says
Medical office construction could rise 32 percent in 2013. That’s according to most recent Medical Office Research Report from Marcus & Millichap. The first half 2013 report from the commercial real estate firm estimates that 10.3 million square feet of medical office space will be delivered this year, up from 7.8 million square feet in […]
Industry Pulse: What does it take to succeed in today’s HRE environment?
What you want in healthcare, even as a provider, there are lots of independents out there. You’ve got to hire the very smartest people in this changing world, who can figure out how to make things work. But I think you’ve got to be smart, you’ve got to be […]
Industry Pulse: Hospital Moving Forward after Decade in Limbo
Trinity Medical Center showed its gratitude when it got the OK to complete and open an unfinished hospital in Birmingham, Ala. Photo courtesy of Trinity Medical Center It has been 10 years since work stopped on HealthSouth Corp.’s planned Digital Hospital. And it has more than four years since Trinity […]
For Sale: Price Reduced – 100% Leased Medical Office Building – Fairfield County, CT
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 […]
For Sale: Dignity Medical Office Portfolio; Premier Multi-State Medical Office Portfolio
The CBRE Healthcare Capital Markets Group is pleased to exclusively offer the Dignity Medical Office Portfolio (“The Portfolio”) for purchase. The 79% leased Portfolio consists of thirteen (13) medical office buildings totaling ±657,811 rentable square feet in California and Arizona. Approximately 33% of the portfolio is anchored by Dignity Health, the fifth largest hospital system […]
News Release: URS Awarded Design-Build Contract For Medical Facilities by U.S. Army
SAN FRANCISCO, CA – May 23, 2013 – URS Corporation has been awarded an indefinite delivery/indefinite quantity, multiple award contract from the U.S. Army Engineering and Support Center in Huntsville, Alabama, to provide design-build services for the Medical Repair and Renewal Program in the continental United States and at overseas locations. Under the terms of […]
News Release: Perkins+Will Defines Inclusive Design at New Spaulding Rehabilitation Hospital
Hospital of the Future Incorporates Community, Sustainability and Resiliency BOSTON – APRIL 24, 2013 – Global architectural and design firm Perkins+Will adds to the reputation of its award-winning healthcare design practice with the opening of the new 262,000-square-foot Spaulding Rehabilitation Hospital. The design process, led by Ralph Johnson and managed by Perkins+Will’s Boston office, resulted […]
For Sale: Former Pocatello Hospital Campus
Former Hospital, Medical Office Building and Parking Structure to be Sold to the Highest Bidder at or above $3,500,00 On Wednesday, June 26, 2013, CBRE Auction Services is pleased to present for online auction the Former Pocatello Hospital Campus (the “Property”). The Property consists of a six-story, ±182,882 square foot former hospital, a five-story, ±103,260 […]
News Release: Cambridge Arranges $3.7 Million HUD Lean Loan to Refinance Metropolis Nursing and Rehab Center in Metropolis, Illinois
Cambridge Realty Capital Companies reports closing a $3.7 million HUD Lean first mortgage loan for Metropolis Nursing and Rehabilitation Center, a 103-bed skilled-care nursing home in Metropolis, Ill. Cambridge Chairman Jeffrey A. Davis said the fully-amortized, 30-year term mortgage was arranged for the owner, a Missouri limited liability company, using the HUD Section 232 pursuant […]
News Release: $16 Million Acquisition Loan and Bridge Loan to FHA 232/223(f)
About the Transaction KeyBank Real Estate Capital® provided a $16.3 million term loan to refinance existing debt and to acquire an additional skilled nursing facility for RollinsNelson LTC Corp. The term loan will serve as a bridge to long term HUD financing. The KeyBank Real Estate Capital Relationship Key’s relationship with RollinsNelson supports the company’s […]