Post-Acute & Senior Living: Presbyterian Homes to develop senior community and clinic in Hudson
HUDSON, Wis. – Presbyterian Homes & Services, a Roseville, Minn.-based non-profit, faith-based housing developer, announced that it will develop a 160-unit senior housing and assisted living community and a clinic adjacent to the Hudson Hospital campus near Interstate 94 in Hudson. The cost for the project is estimated at $40 million to $42 million. Presbyterian, […]
Industry Pulse: BOMA MOB Conference Crowd Grew Nearly 31%
Nashville, Tenn., event attracted 1,000-plus Back in the early 2000s, people involved in healthcare real estate might’ve asked each other, “Are you going to BOMA’s MOB conference this year?” These days, the conference has become so familiar in the healthcare real estate (HRE) sector that is has simply referred to as “BOMA.” That’s because as […]
Companies & People: He’s helped raise HRE to new heights
Jonathan L. Winer receives BOMA’s first Outstanding Contribution Award By John B. Mugford For the most part, the healthcare real estate (HRE) sector is less than two decades old, a relatively new asset class that in recent years has become the darling of a growing list of investors both large and small. Because of its […]
Companies & People: Caddis brings Jason Hinkel on board
Development executive to boost company’s presence in Southeast United States By John B. Mugford As Dallas-based Caddis Partners LLC started landing more business in and around Atlanta in recent years, the company that’s well known for developing and owning properties in Texas and the Southwest found itself building up quite a nice collection of owned […]
Companies & People: Steven Leathers joins Jones Lang
Former ARC Healthcare Trust executive join’s JLL’s Capital Markets group By Murray W. Wolf Steven T. “Steve” Leathers has switched from acquirer to advisor. Mr. Leathers, who became a familiar face in healthcare real estate (HRE) circles in recent years through his work spearheading acquisitions for asset-hungry upstart American Realty Capital (ARC) Healthcare Trust Inc., […]
News Release: Welcoming Michael Arvin to BOKA Powell
Healthcare Executive to Lead Healthcare and Strategic Services Practice BOKA Powell is pleased to announce the appointment of Michael Arvin as the Healthcare Market Leader for the firm. Michael will lead growth and development efforts for BOKA Powell’s healthcare and strategic services practice, and continue to position the firm for success in a changing healthcare […]
News Release: Rendina and Carolina Orthopaedic Specialists Break Ground on New Surgery Center
MURRELLS INLET, S.C., May 22, 2014 – Rendina Healthcare Real Estate announces today the recent groundbreaking of a new project for Carolina Orthopaedic Specialists and the Coastal Surgery Center. Family and friends of the area’s leading orthopaedic healthcare group were present at the ceremonial event, which took place on the 2-acre project site, approximately 15 […]
News Release: RJ King Associates Establishes New South Florida Office
Tampa, Florida based healthcare real estate services firm, RJ King Associates, has opened a south Florida office to serve its growing client base in the south east part of the state. Tampa, Florida, May 16, 2014 – Robert J. King, CCIM, CPM, CEO of RJ King Associates Healthcare Real Estate, has announced the opening of […]
News Release: Irgens Breaks Ground on St. Joseph’s Hospital Medical Office Building in Chippewa Falls, Wisconsin
On-Campus Medical Office Building Will Include Primary & Specialty Care May 21, 2014 – Irgens is pleased to announce the groundbreaking of a state-of-the-art medical office building on the campus of St. Joseph’s Hospital in Chippewa Falls, Wisconsin. The freestanding facility will house primary and specialty care programs for St. Joseph’s Hospital (an affiliate of […]
Thought Leaders: First Quarter Medical Office Building Report
Large For-Profit Investors Look to Take Advantage of Favorable Selling Environment Following a record setting year in which medical office buildings set a new high for annual transaction volume at over $6.4 billion, the industry returned to a healthy start to 2014 with nearly $1 billion in reported volume. The market without question remains frothy […]
News Release: Griffin-American Healthcare REIT II Reports First Quarter 2014 Results
Completed $105 Million in Acquisitions, Grows Portfolio to $2.9 Billion Based on Purchase Price Funds From Operations Grows 115 Percent; Modified Funds From Operations Up 94 Percent Net Operating Income Increases 88 Percent; Net Income Up 83 Percent IRVINE, Calif. (May 20, 2014) – Griffin-American Healthcare REIT II, Inc. today announced operating results for the […]
News Release: MedSouth Healthcare Properties, LLC purchases Medical Arts Plaza in Greenville, NC.
Greenville, NC – MedSouth Healthcare Properties, LLC (MedSouth) and Sterling Fox Group, LLC are pleased to announce a joint venture sale leaseback acquisition of a Class A medical office located in the heart of the Medical Arts district of Greenville, North Carolina. The property is located across the street from Vidant Medical Center which serves […]
For Sale: Exclusive Medical Office Offering – Berkley, Michigan
Northpointe Medical Plaza – 27901 Woodward Avenue, Berkley, Michigan 48072 Listing Summary Product Type: Office (Medical Office Building) Region: Midwest Market: Detroit Tenancy Type: Multi-Tenant Square Feet: 31,225 SF Acres: 1.95 Acres Occupancy: 90% CBRE, Inc. is pleased to offer the 100 percent fee simple interest in Northpointe Medical Plaza, located at 27901 Woodward Avenue in Berkley, Oakland County, Michigan (the […]
News Release: Navigant Healthcare Welcomes Cymetrix, a Leading Revenue Cycle Management Firm
We are pleased to announce that Cymetrix, a revenue cycle management firm specializing in end-to-end revenue cycle outsourcing solutions to hospital and healthcare networks, has joined forces with Navigant and will operate collectively as Navigant Healthcare Cymetrix – creating one of the only providers of end-to-end revenue cycle management solutions for Healthcare clients. Cymetrix creates […]
News Release: Downey: Medical Building Trades at $11.3 Million
$11.3 Million Medical Building Sold by Marcus & Millichap DOWNEY, Calif., May 15, 2014 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of the Brookshire Medical Building, a 56,121-square-foot medical building located in the southeast Los Angeles County […]
