Post-Acute & Senior Living: New Senior reports $435M senior housing acquisition and $670M financing
NEW YORK– New Senior Investment Group Inc., a REIT focused on investing in senior housing properties across the United States, recently announced the completion of its $435 million acquisition from affiliates of Hawthorn Retirement Group of 17 private pay, independent senior housing properties. The portfolio consists of 2,082 units across 10 states, is 100 percent […]
REIT Report: Look for Sabra REIT to be a buyer
Publicly traded trust’s investment pipeline has more than doubled so far in 2015 By John B. Mugford For quite some time, Irvine, Calif.-based Sabra Health Care REIT Inc. (Nasdaq: SBRA) has focused on making senior housing and skilled nursing facility acquisitions for less than $100 million.
Post-Acute & Senior Living: DeAngelis Diamond unveils $15.8 million rehab hospital project in New Orleans
NEW ORLEANS — DeAngelis Diamond Healthcare Group announced they will begin construction this month on the new, $15.8 million, 65,000 square foot Cobalt Rehabilitation Hospital in New Orleans’ Mid-City district.
Companies & People: Rendina Healthcare Real Estate extends it reach with new office in N.J.
LIVINGSTON, N.J. – Rendina Healthcare Real Estate announced recently that it has opened a new regional office in Livingston, N.J. The firm says the New Jersey office was needed due to its “significant” growth in the Northeast part of the country;. It is the Jupiter, Fla.-based HRE firm’s sixth office nationwide.
Companies & People: Capital One Bank provided $150.6 million loan for CNL’s big portfolio buy
McLEAN, Va. – McLean-based Capital One Bank, part of Capital One Financial Corp. (NYSE: COF), provided loans totaling $150.6 million to CNL Healthcare Properties Inc. (CNL) for its recent acquisition of nine “Class A” medical office buildings (MOBs) in North Carolina and Georgia.
Companies & People: Former Carolinas exec Mary Beth Kuzmanovich joins Colliers as national director
IRVINE, Calif. – Mary Beth Kuzmanovich has joined Colliers International as a national director of healthcare services.
Companies & People: JE Dunn selected to build Wesley Medical Center’s $28M children’s hospital
WICHITA, Kan. – Wesley Medical Center in Wichita recently announced that it has chosen Kansas City, Mo.-based JE Dunn Construction Co. for the building of its $28 million children’s hospital.
Companies & People: Integrated project delivery team collaborating on $184M expansion at BMC
BOSTON – An integrated project delivery (IPD) team will collaborate on what is being called a historic $184 million, 120,000 square foot expansion and 220,000 square foot renovation project at Boston Medical Center (BMC).
Companies & People: CBRE adds Kyle Marden, Travis Messina to firm’s healthcare services platform
LOS ANGELES – Los Angeles-based CBRE Group Inc. (CBG) recently announced that its healthcare services arm, CBRE Healthcare, has made two new hires: Kyle Marden as managing director for ambulatory care; and Travis Messina as managing director for the Capital Program Solution’s (CPS) West region
Companies & People: DPR to build $60M Shriners facility
New Pasadena, Calif., replacement med center on course for mid-2017 opening By Erin E. Porter Redwood City, Calif.-based DPR Construction continues to add to its list of healthcare projects, as the firm was recently chosen as the general contractor for the future Shriners Hospitals for Children Medical Center in Pasadena, Calif.
Companies & People: 5 Questions for Scott Evans
After tenures at E&Y and Cain Brothers, he is helping grow Realty Trust Group By John B. Mugford When Healthcare Real Estate Insights™ heard through other sources that Scott D. Evans had led the process to choose a developer for a medical office building (MOB) project in Sierra Vista, Ariz., we thought it would be […]
Companies & People: More Healthcare Real Estate Company & People News
Brandon Muzik recently joined Chicago-based Stage Equity Partners LLC, an HRE investment company, as director of acquisitions. According to Stage Equity principals Brian Howard and Russell Brenner, Mr. Muzik’s primary responsibilities include sourcing, underwriting and closing company transactions. Before joining the firm, Mr. Muzik was senior acquisitions analyst at Chicago-based Ventas Inc. (NYSE: VTR), where […]
Companies & People: New healthcare investor, Ridgeline Capital Partners, acquires two Texas MOBs
DALLAS – A relatively new player in the HRE acquisitions arena, Dallas-based Ridgeline Capital Partners (RCP), a privately held commercial real estate investment company, recently added to its portfolio with two acquisitions in its home state.
Companies & People: McCarthy completes $456M project
Seven-story, 383,000 s.f. Prebys Cardiovascular Institute added to Scripps campus By Erin E. Porter McCarthy Building Companies Inc., which is based in St. Louis and has several offices in California, recently announced the completion of construction on the Prebys Cardiovascular Institute, a 383,000 square foot, seven-story heart hospital on the campus of Scripps Memorial Hospital […]
