News Release: Campus Issues Request for Qualifications for Developers
As part of its 2020 Project, UC Merced seeks a private partner to nearly double size of the 10th University of California campus through a mixed-use, master-planned development. MERCED, Calif. — The University of California, Merced, opened a competitive process on April 17 by issuing a request for qualifications (RFQ) for a development team to […]
News Release: Children’s Hospital of Wisconsin will open new clinic in Western Waukesha Clinic will be developed by Ryan Companies US, Inc.
MILWAUKEE (04/21/14) – Children’s Hospital of Wisconsin is working with the Great Lakes Region of Ryan Companies US, Inc. to develop a new, 30,000-square-foot clinic in Delafield, Wisconsin. This new facility continues Children’s Hospital of Wisconsin’s commitment to provide care closer to home for the children and families it serves. Initial improvements to the 5.1-acre […]
News Release: Johnson Development Constructing New VA Facility in Huntsville
Ceremonial groundbreaking to be held on April 17 HUNTSVILLE, Ala. (April 16, 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 […]
News Release: Mercy Rehabilitation Hospital Springfield celebrates opening; McCarthy completes project under budget and ahead of schedule
St. Louis – Rehabilitation services in the Ozarks will receive a major upgrade this week with the opening of a new Mercy facility in Springfield, Mo. Mercy Rehabilitation Hospital Springfield, a 63,000-square-foot, two-story building, offers 60 beds and provides inpatient rehabilitation for patients who are recovering from strokes, brain or spinal cord injuries, amputations, complex […]
News Release: Partners to build skilled nursing facility
MedProperties Holdings and Equity Inc. will soon start construction on the 180-bed, 97,000 square foot Gainesville Health Care Center, which will replace the current facility GAINESVILLE, Fla., April 16, 2014 – MedProperties Holdings LLC and Equity Inc. are partnering to build a replacement skilled nursing facility for the Gainesville Health Care Center at 4816 S.W. […]
News Release: SNL Real Estate: US Equity REITS’ Capital – Raising More Than $13B YTD
As of April 4, U.S. equity REITs had generated $13.33 billion in capital year-to-date, markedly less than the $19.45 billion raised over the same period in 2013. U.S. equity REITs had raised a total of $13.33 billion in capital year-to-date as of April 4, compared to $19.45 billion raised during the same period in 2013. […]
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 […]