For Sale: Reminder Call for Offers Date: Tuesday, September 1st, 2015| Silverstein Institute | Sarasota, FL | 100% Leased Multi-Tenant Medical Office Building | Adjacent to Sarasota Memorial Hospital
Brown, Gibbons, Lang & Company | Real Estate Partners has been retained by ownership to offer qualified investors the exceptional opportunity to acquire Silverstein Institute (the “Property” or “Building”). The Property, totaling approximately 27,119 rentable square feet, is located in Sarasota, FL, one of the largest and most affluent markets in Florida. The location of […]
News Release: The Sanders Trust Hires N. Patrick Dwyer as Vice President of Development
BIRMINGHAM, Ala. (August 31, 2015) – The Sanders Trust (TST) is pleased to announce the recent addition of N. Patrick Dwyer to the position of vice president of development. “Dwyer brings a wealth of knowledge in the medical real estate field that is highly valued,” said Rance Sanders, president and chief executive officer of TST. […]
News Release: Brackett Flagship Properties Expands Footprint in North Carolina’s Triangle Area
Brackett Flagship Properties’ Flagship Healthcare Real Estate Fund Acquires Wesvill Medical & Professional Building in Raleigh, North Carolina August 31, 2015 – Flagship Healthcare Real Estate Fund is pleased to announce its acquisition of Wesvill Medical & Professional Building in Raleigh, North Carolina. The class “A”, 3-story, 35,284 square-foot medical and professional office building is […]
News Release: Hammond Hanlon Camp LLC Advises Phoebe Putney Health System on the Remarketing of $187,870,000 of Refunding Revenue Anticipation Certificates
SAN DIEGO—August 28, 2015—Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused strategic advisory and investment banking firm, served as the exclusive financial advisor to Phoebe Putney Health System (“Phoebe Putney”), based in Albany, Georgia, in connection with the remarketing of $187,870,000 of its Refunding Revenue Anticipation Certificates, Series 2008A and 2008B (“Series 2008 Bonds”), and Revenue […]
For Sale: A Premier Hospital Anchored Medical Office Investment Opportunity
The Offering CBRE’s Healthcare Capital Markets Group is pleased to exclusively offer One Wisteria Place (the “Property”) for purchase. One Wisteria Place is located off Scenic Highway South in Snellville, Georgia within Gwinnett County. The Property is 90.8% leased to a synergistic mix of tenants with limited near-term rollover. Notable tenants include Children’s Healthcare of […]
News Release: Healthcare Real Estate Capital secures financing for NuVista Living healthcare facility
Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the exclusive financial advisor to NuVista Living (“NuVista”) to secure development financing for a 235,445 square foot healthcare facility, including 229 beds (129 post-acute / 70 assisted living / 30 memory care) and 15,242 square feet of medical office space (“Asset”). The Asset, which […]
News Release: KTGY Group Expands National Presence and Opens New Chicago Office
Veteran Designers and former PPK Principals Craig R. Pryde, AIA, LEED AP and David M. Kennedy, AIA, LEED AP, to Head Up New Chicago Office IRVINE, CALIF. – Award-winning national architecture and planning firm KTGY Group, Inc., answering the strong demand for innovative design solutions in Chicago, announced today that it has opened a new […]
For Sale: Duke Medicine, Single Tenant Net Lease – 51,505 RSF, Raleigh, NC
JLL is pleased to offer for sale the fee simple interest in a 51,505 square foot Class A outpatient medical office building, Duke Medicine at Brier Creek, in Raleigh, North Carolina. The property is 100% leased to Duke Medicine’s Private Diagnostic Clinic under a 15-year net lease to house primary and specialty healthcare practices. The […]
News Release: One Fine Fellow: FKP Architects Senior Principal Gary Owens earns major industry distinction, elevated to AIA College of Fellows
HOUSTON, TX, August 25, 2015 – Gary Owens, Senior Principal of FKP Architects, was recently elevated to the American Institute of Architects (AIA) College of Fellows, a distinction held by less than 4% of the AIA’s 85,000 members. Fellowship is one of the highest honors AIA members can earn, granted by a jury of AIA […]
Archives: August 2015
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Transactions: Ventas pays $97 million for Indy pair Healthcare Realty Trust sells OrthoIndy specialty hospital and an attached MOB
Healthcare Realty Trust sells OrthoIndy specialty hospital and an attached MOB By John B. Mugford Amid the flurry of medical office building (MOB) sales activity in 2015, one rather large and significant transaction took place in recent months that kind of slipped under the radar. The offering obviously had enough upside to attract the attention […]
Outpatient Projects: NexCore Group starts ski-town MOB Future three-story, 50,000 square foot facility in Avon, Colo., to include 24/7 ED
Future three-story, 50,000 square foot facility in Avon, Colo., to include 24/7 ED By Connie M. McCaffrey Residents and visitors in the well-known Vail Valley will soon have more healthcare options, thanks to a project being developed by Denver based NexCore Group LP. The national healthcare development firm recently broke ground on the future
Inpatient Projects: Banner moves forward in Tucson Health system plans $400 million, 240-bed patient tower at U. of Arizona hospital
Health system plans $400 million, 240-bed patient tower at U. of Arizona hospital By John B. Mugford As Phoenix-based Banner Health was in the process of making its $1 billion acquisition of the University of Arizona (UA) Health Network, the system noted that it was planning to rebuild the academic medical center’s main hospital in […]
Post-Acute & Senior Living: Senior housing occupancy declines
NIC blames slight second quarter dip on inventory growing faster than demand By Erin E. Porter The National Investment Center for Seniors Housing & Care (NIC) reported last month that seniors housing occupancy slipped again in the second quarter (Q2) of 2015. The average occupancy rate was
Companies & People: Rendina opens new MOB in Arizona Developer-owned facility is on the campus of a hospital in southern part of state
Developer-owned facility is on the campus of a hospital in southern part of state By John B. Mugford Jupiter, Fla.-based Rendina Healthcare Real Estate recently opened a 54,000 square foot MOB on the campus of the new Canyon Vista Medical Center in Sierra Vista, Ariz., in the high desert of southeastern Arizona. Hospital and Rendina […]