Industry Pulse: New Healthcare Resorts Blend Health, Hospitality
Firm has a potential $1.4 billion of projects in the pipeline, says partner Health Care REIT A new, or perhaps hybrid, category of senior housing/healthcare real estate (HRE) property is appearing on the scene. Combining rehabilitative care, assisted living services and long-term care into a senior living facility that includes “spa-like” amenities is a property […]
Editor’s Letter: It’s Awards Season
2014 HREI Insights Awards™ entries now open Dear Reader: Of all the things we’ve done here at Healthcare Real Estate Insights™ during our 11-year history, we’re perhaps most proud of the launching of the annual HREI Insights Awards™ program, which we started in 2013. As we said then and reiterate now, the healthcare real estate […]
Industry Pulse: Northstar is Likely Buyer of G-A HC REIT
Potential $4 billion transaction is expected to close by Q4 Just before press time, Healthcare Real Estate Insights™ learned that NorthStar Realty Finance Corp. (NYSE: NRF), whose healthcare activities are led by James F. “Jay” Flaherty, the former CEO of HCP Inc. (NYSE: HCP), plans to acquire Irving, Calif.-based Griffin-American Healthcare REIT II, an unlisted […]
REIT Report: New REIT looks to grow, diversify
Spin-off firm CareTrust has its eye on new tenants and regions, perhaps MOBs By John B. Mugford The healthcare real estate sector’s newest REIT is really not all that new, at least when it comes to being involved in senior housing facilities. However, even those involved in medical office buildings (MOBs) might want to become […]
Companies & People: JLL is marketing several offerings
Firm’s healthcare brokers also plan to put several other deals on the market By John B. Mugford Three medical office building (MOB) deals are currently on the market from the Healthcare Capital Markets Group at Jones Lang LaSalle (NYSE: JLL), including one that hit the market just recently. For one of the offerings, JLL has […]
Companies & People: Healthcare Real Estate Capital assists in three deals, opens Chicago office
NEW YORK – New York-based Healthcare Real Estate Capital (HRE Capital) was recently involved in three healthcare real estate transactions. In one of them, HRE Capital secured financing for AW Property Co. in its acquisition of a 51,681 square foot, two-MOB portfolio in Tampa, Fla. The on-campus, single-tenant MOBs have long-term lease agreements with publicly-traded […]
Companies & People: Marcus & Millichap broker closes five MOB sales in second quarter
SAN DIEGO – The second quarter proved to be a good one for one of the healthcare real estate (HRE) sector’s well-known professionals, John Smelter of Marcus & Millichap (NYSE: MMI). During the quarter, Mr. Smelter, a senior director of the firm’s Healthcare Real Estate Group in San Diego, negotiated the sale of five MOBs […]
Companies & People: As part of growth plan, Charlotte-based Brackett Flagship makes new hires
CHARLOTTE, N.C. – Charlotte, N.C.-based Brackett Flagship Properties recently added four new employees to support what it calls its “continued growth.” The new hires are C. Thorn Baccich Jr.; Ryan Dawson; Matt Schindelholz; and John Klawitter. Mr. Baccich joins Brackett Flagship Properties from Carolinas Healthcare System, where he spent four years in the system’s Real […]
Companies & People: More Company News
■ Physicians Realty Trust (NYSE: DOC), a Milwaukee-based, healthcare-focused real estate investment trust (REIT), recently named Jeff Theiler to the new position of executive VP and chief financial officer. Mr. Theiler, who reports to John Thomas, president and CEO of the REIT, most recently served as an equity research analyst focusing on the healthcare and […]
News Release: CBRE Capital Markets Arranges $20 Million Loan for Medical Office Buildings in Denver
DALLAS (July 24, 2014) – CBRE Capital Markets secured financing for Centrum Healthcare Center, a Class A medical office facility located in Greenwood Village, Colorado, south of downtown Denver. CBRE’s Debt & Structured Finance Group worked on behalf of the borrower, an affiliate of Fleisher Smyth Brokaw, a Denver-based medical office owner and developer, to […]
News Release: New Stage Equity Acquisition – Columbus, OH
Stage Equity Partners Continues Expansion into Columbus, OH Medical Real Estate Market with New Purchase in Pickerington, Ohio. CHICAGO (July 23, 2014) – Chicago-based healthcare real estate investment firm Stage Equity Partners, LLC has finalized the acquisition of a Class A medical office building in the Columbus, OH suburb of Pickerington, announced Principals Brian Howard […]
News Release: CNL Healthcare Properties Broadens Portfolio with Nine Senior Housing Communities
Company invests more than $225 million in properties in Texas and Illinois CNL Healthcare Properties, a real estate investment trust (REIT) focused on senior housing and healthcare facilities, has completed the acquisition of a portfolio of seven senior housing communities in Texas and one in Illinois for approximately $187.2 million with potential adjustments related to […]
For Sale: 90% Occupied DMC Medical Office Building
Excellent Investment Opportunity, DMC Medical Office Building – 28300 Orchard Lake Road| Farmington Hills, Michigan 48334 Investment Offering: Price: $7,500,000 CAP Rate: 7.12% Square Feet: 35,339 Investment Highlights: Stabilized Medical Office Building, Currently 90% Occupied by 11 Medical Office Tenants with Varying Lease Terms 54% of the Property Expiring in 2020 and Later Strong Demographics, […]
For Sale: 90% Occupied DMC Medical Office Building
Excellent Investment Opportunity, DMC Medical Office Building – 28300 Orchard Lake Road| Farmington Hills, Michigan 48334 Investment Offering: Price: $7,500,000 CAP Rate: 7.12% Square Feet: 35,339 Investment Highlights: Stabilized Medical Office Building, Currently 90% Occupied by 11 Medical Office Tenants with Varying Lease Terms 54% of the Property Expiring in 2020 and Later Strong Demographics, […]
News Release: HOK Vice President Ian Sinnett Receives ACHA Board Certification
DALLAS – The American College of Healthcare Architects (ACHA) has announced that Ian C. Sinnett, AIA, ACHA, LEED AP, vice president/regional leader of healthcare for HOK, has earned his Board Certificate in healthcare architecture. Sinnett recently passed an accreditation examination, which assesses the knowledge and understanding of architects who practice as healthcare specialists. He joins […]
