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The two-story, 75,300 square foot Good Shepherd Institute for Healthy Living wellness center in Longview, Texas, was one of the assets included in a recent sale and partial leaseback orchestrated by New York-based Cain Brothers & Co. LLC. (Photo courtesy of M.J. Harris Construction Services)

Companies & People: Cain advises system on monetization

Investment bank handles sale and partial leaseback for Good Shepherd in Texas By Erin E. Porter Hospital-driven monetizations have been few and far between in recent years. But at least one recent transaction shows that the strategy of selling and leasing back non-core assets is still a viable option for some providers. New York-based Cain […]

Companies & People: No HRE slowdown yet, says attorney

HREI™ recently caught up with a very busy Steven Kaye of Arnall Golden Gregory By Erin E. Porter Whenever big deals, or small ones for that matter, take place in any industry, including healthcare real estate (HRE), there’s a period of time before the closing can take place for the dotting of the “I’s” and […]

Companies & People: Skanska USA adds to list of healthcare projects with hospital expansion in Texas

CENTRAL TEXAS – Skanska USA will act as lead on the construction of a 236,800 square foot expansion of a hospital in Central Texas for an unnamed U.S. healthcare provider. The expected contract value of completing the project is