News Release: Avison Young Chicago Capital Markets Awarded Six-Building National MOB Assignment
The Midwest Portfolio is 93 Percent Leased to One of the Nation’s Strongest Healthcare Systems CHICAGO, IL – Avison Young’s Chicago Capital Markets Team led by Erik Foster and Mike Wilson has been awarded the exclusive sale listing for a six-building, 170,000-square-foot medical office building portfolio in Northwest Indiana. The portfolio is privately owned, with […]
News Release: Connor Doherty Joins Blueprint Healthcare Real Estate Advisors as Associate
Seniors housing specialist to focus on Ohio and surrounding markets CHICAGO (April 14, 2014) – Blueprint Healthcare Real Estate Advisors has announced that Connor Doherty, 28, has joined the firm as an associate. Doherty brings an established real estate track record to Blueprint, having exclusively listed more than 150 properties for clients and generated more […]
News Release: Knutson Construction opens office in Altoona, Wisconsin
(Altoona, Wis.) — Knutson Construction opened a new office five miles east of Eau Claire in Altoona, Wis., at 2423 Rivers Edge Drive. Osceola Medical CenterAfter 15 years of managing Wisconsin construction projects through its Minneapolis office, Knutson has expanded its commitment to the region with its new Altoona office. Knutson has led the construction […]
For Sale: Greater Erie Medical Center, Millcreek Township, PA
Greater Erie Medical Center 2374 Village Common Drive Millcreek Township, PA 16506 INVESTMENT SUMMARY Offering Price: $8,600,000 NOI: $636,262 Cap Rate: 7.4% Year 1 Cash on Cash Return: 10.22% Occupancy: 100% OFFERS DUE: Wednesday, April 23 CBRE, as exclusive agent for the owner, is pleased to offer the opportunity to acquire the Greater Erie Medical […]
News Release: Johnson Development Constructing New VA Facility in Huntsville
Ceremonial groundbreaking to be held on April 17 HUNTSVILLE, Ala. (April 10, 2014) – With construction underway of a new 60,150-‐ square-‐foot U.S. Department of Veterans Affairs outpatient facility in Huntsville, Johnson Development is holding a ceremonial groundbreaking for the $24 million clinic. Johnson Development began construction at the site in March. The ceremonial groundbreaking […]
For Sale: Florida Medical Office Portfolio
OFFERS REQUESTED BY WEDNESDAY, APRIL 23RD, 5:00 PM EST OFFERING INFORMATION OFFERING PRICE: $8,119,000 CAP RATE: 7.25% PORTFOLIO SIZE: 51,681 SF OCCUPANCY: 100% LEASE TERM: Single-Tenant to Hospital Through July 2025 IN-PLACE NOI: $588,618 The Offering The CBRE Healthcare Capital Markets Group is pleased to exclusively offer the Florida Medical Office Portfolio (“The Portfolio”) for […]
News Release: Large-cap REITs finished 2013 with stronger performance and currently trade at higher multiples than small-cap and mid-cap peers.
SNL Real Estate: Large-Cap REITs Outshine Smaller-Cap Peers A recent Alliance Bernstein blog noted that, since 1992, small- and mid-cap real estate companies’ stocks have collectively delivered higher returns than those of their large-cap peers. The author noted that additional value could be found in the small- to mid-cap real estate stocks, as global real […]
News Release: Seavest closes $29 million long-term loan
Real estate investment management firm secures new financing for the three-story, 149,000 square foot Beaumont Medical Center in West Bloomfield, Mich. WEST BLOOMFIELD, Mich., and WHITE PLAINS, N.Y., April 9, 2014 – Seavest Healthcare Properties has closed on $29 million in new long-term financing for the Beaumont Medical Center in West Bloomfield, one of Money […]
News Release: Ensemble Real Estate Solutions completes $2.4 million sale of Camino Del Sol Dental Plaza
Phoenix, AZ (April 7, 2014) – Ensemble has negotiated the $2.4 million sale of Camino Del Sol Dental Plaza, an 8,395 square-foot medical office building located at 13802 W Camino Del Sol in Sun City West, Ariz. Tracy Altemus, Marina Hammersmith and Autumn Storm of Ensemble’s Phoenix office represented the seller in the transaction. The seller was […]
News Release: SNL Real Estate: Nontraded REITs: 68 Companies, 6 Billion Shares
Since the beginning of 2012, 16 nontraded real estate companies have elected REIT status, and as of March 28 those REITs accounted for nearly 590 million shares outstanding. During iGlobal’s recent Global REIT Summit: West conference in San Francisco, Resource Real Estate Opportunity REIT Inc. CEO Alan Feldman framed 2013 as a “breakout” year for […]
News Release: MedCore Realty and Avail Healthcare Ventures Merge To Create MedCore Partners, a Full-Service Healthcare Real Estate Firm
MedCore Partners is Formed to Meet the Growing Challenges of a Rapidly Changing Healthcare Industry MedCore Realty and Avail Healthcare Ventures today announce the merger between the two companies and will begin operations as MedCore Partners. The combined company is well positioned within the healthcare real estate industry to deliver a more comprehensive platform of services […]
News Release: EPA Recognizes Transwestern with 2014 ENERGY STAR® Partner of the Year – Sustained Excellence Award
Award Marks 11th Consecutive Year for Commercial Real Estate Firm to be Recognized (April 3, 2014 – Houston) – Transwestern’s Houston headquarters today announced it has been recognized by the Environmental Protection Agency (EPA) with a 2014 ENERGY STAR Partner of the Year – Sustained Excellence Award for its continued leadership in sustainability practices and […]
News Release: CBRE and Trammell Crow Company, have been named the #1 Development Company in Modern Healthcare Magazine’s 2014 Design and Construction Survey.
In 2013, CBRE and Trammell Crow Company were responsible for $1.5 billion in completed healthcare assignments, including ground-up development, project management, construction management and build-outs to healthcare systems and providers throughout the country. CBRE’s overall volume was enhanced by its acquisition of the KLMK Group, LLC (now CBRE Healthcare) last year, which also bolstered its […]
For Sale: Kaiser Healthcare Center, Vallejo, CA
Kaiser Healthcare Center, Vallejo, CA NGKF Capital Markets’ Medical Office Group, as the Owner’s Exclusive Agent, is pleased to offer for sale, Kaiser Healthcare Center, located in Vallejo, CA (the “Property”). The Property is a rare high-profile medical office opportunity consisting of 54,802 rentable square feet, located along the major thoroughfare North Broadway Street, and […]
News Release: CBRE and Trammell Crow Company Ranked #1 Development Company by Modern Healthcare Magazine
Los Angeles/Dallas April 2, 2014 – CBRE Group, Inc. and its wholly-owned, commercial real estate development and investment subsidiary, Trammell Crow Company, have been named the #1 Development Company in Modern Healthcare Magazine’s 2014 Design and Construction Survey. In 2013, CBRE and Trammell Crow Company were responsible for $1.5 billion in completed healthcare assignments, including ground-up […]
