Industry Pulse: COLLIERS POSITIVE ON MED OFFICE MARKET
New report sees “resurgence” of U.S. medical office market The U.S. medical office market landscape is positive for both owners and occupiers who heed the trends and are willing to commit to the market, according to the “Medical Office Outlook 2015 Highlights” from Colliers International. Some of the key takeaways include:
Post-Acute & Senior Living: Four memory care facilities planned
High demand allows MedProperties Holdings and LaSalle Group to move quickly By John B. Mugford With memory care services experiencing booming demand throughout the country, some real estate firms and investors are moving into the space with new projects. One such partnership involves
Post-Acute & Senior Living: HCN lands 10 Benchmark facilities
Public REIT pays $391 million for assisted living portfolio in New England By John B. Mugford There is no doubt that Toledo, Ohio-based Health Care REIT (NYSE: HCN), is bullish on the seniors housing sector, as the publicly traded real estate investment trust (REIT) continues to rack up acquisitions in the space. Validating this notion […]
Post-Acute & Senior Living: More Post-Acute & Senior Living Project News
■ Birmingham, Ala.-based developer Dominion Partners recently started construction on the
Editor’s Letter: Optimism reigns in HRE
HREI editorial board members foresee a strong ‘15 Dear Reader: The members of the Healthcare Real Estate Insights™ Editorial Advisory Board have been quite optimistic about the healthcare real estate (HRE) sector heading into each of the past three years now. And we’re happy to report that they have been right on with their predictions. […]
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
For Lease: Walnut Hill Medical Center
Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp. a Texas licensed real estate broker (“HFF”) has been retained by a partnership of physicians and healthcare industry experts collectively known as Walnut Hill Medical Physicians Plaza Holding, LLC (the “Borrower” or “Sponsor”), to present an opportunity for the pre-construction take-out of the Walnut […]
For Sale: SINGLE TENANT MEDICAL | $610,000 | 8.23% CAP│Indiana
Building Size: ±5,274 SF Price: $610,000 Cap Rate: 8.23% INVESTMENT HIGHLIGHTS •Attractive single tenant medical building located one-half mile west of Marion General Hospital •Located at the signalized northeast corner of Baldwin and Spencer Avenues •Tenant pays replaceable rent of $10.30/SF •Rents increase based on CPI adjustment in each of three three-year renewal periods •Tenant […]
For Sale: Prominent Class “A” Medical Building in Los Angeles County
OFFERS REQUESTED BY TUESDAY, MARCH 3RD, 2015 – 5:00 PM PST The Offering CBRE’s U.S. Healthcare Capital Markets Group is pleased to exclusively offer for sale the fee simple interest in the Wilbur Medical Plaza (the “Property”) located in Tarzana, California. The three-story, 52,889 square foot facility was renovated in 2012-2013 and offers a variety […]
News Release: HFF arranges $10.1 million financing for Mill Run Medical Center near Columbus, Ohio
CHICAGO, IL – HFF announced today that it has secured $10.1 million in financing for Mill Run Medical Center, a 99,553-square-foot, Class A medical office building in the northwestern Columbus suburb of Hilliard, Ohio. HFF worked exclusively on behalf of the borrower, Atkins Companies, to secure a five-year, fixed-rate loan through Aetna Life Insurance Company. […]
For Sale: Orthopedic ONE MOB
Holliday Fenoglio Fowler, L.P. (“HFF”) has been retained on an exclusive basis to arrange the sale of a 100% fee simple interest in Orthopedic ONE MOB (the “Property”); a strategic 24,836 rentable square foot off-campus medical office building in suburban Columbus, Ohio. The Property was built in 2006 and is currently 100% leased to two […]
News Release: CNL Executive To Speak At Interface Healthcare Real Estate Conference
Talk will highlight changing prices in the healthcare market (ORLANDO, Fla.) Feb. 23, 2015 — CNL Financial Group’s Senior Vice President James Schmid will speak at the sixth annual Interface Healthcare Real Estate West Conference being held Feb. 25 in Los Angeles. As part of a panel discussion, Schmid and other speakers will look at […]
News Release: Reed Construction Completes Renovations for Raby Institute for Integrative Medicine in Chicago
REED CONSTRUCTION COMPLETES RENOVATIONS FOR THE RABY INSTITUTE FOR INTEGRATIVE MEDICINE CHICAGO – Reed Construction is pleased to announce the completion of a two-phase, 10, 500 square foot build-out for the Raby Institute of Integrative Medicine at Northwestern located within 500 N. Michigan in Chicago. The Raby Institute for Integrative Medicine is the premier center […]