Post-Acute & Senior Living: The Buckingham CCRC in Houston embarks on $72M, 183-unit residence expansion
HOUSTON – Senior Quality Lifestyles Corp. (SQLC) recently announced plans for a $72 million, 183-residence expansion at The Buckingham, a continuing care retirement community (CCRC) at its Memorial-area campus in Houston.
Post-Acute & Senior Living: Cushman & Wakefield arranges $53.4M in financing for two Boston-area projects
GREATER BOSTON – Cushman & Wakefield Senior Housing announced it has arranged $53.4 million in construction financing and joint venture equity for two senior living developments with LCB Senior Living in Greater Boston.
Post-Acute & Senior Living: Welltower, Revera acquire Canadian communities in 75/25 percent joint venture
MISSISSAUGA, Ontario – Toledo, Ohio-based Welltower Inc. (NYSE: HCN) and Toronto-based Revera Inc., a privately owned company, recently completed the $764 million (Canadian), or $581 million (U.S.), acquisition of Mississauga, Ontario-based Regal Lifestyle Communities Inc. and its portfolio of properties.
Capital Markets: MOB expense reimbursements
Expense reimbursements in leases have an impact on loan underwriting, terms By Erik Tellefson Medical office building (MOB) leases include expense reimbursements, which is the amount or percentage that the lessee pays the landlord for building expenses. The amount and type of the reimbursements are effectively whatever can be written into the lease. However, there […]
Companies & People: HRE developers combine strengths
Anchor Health Properties, Brinkman merge to grow services and footprint By John B. Mugford Two long-standing healthcare real estate (HRE) firms have joined forces with a goal of expanding their range of services and growing their national footprint.
Companies & People: Sharon Harper a finalist for Phoenix Business Person of the Year
PHOENIX – Sharon Harper is well-known not only in national healthcare real estate circles, she’s also quite a familiar and highly respected businesswoman in her adopted hometown of Phoenix as well.
Companies & People: Former multi-family and retail developer turns to healthcare in Houston
HOUSTON – A new player with experience in various other types of commercial real estate has emerged on the healthcare real estate (HRE) scene in Houston.
Companies & People: AW Property executive forms new company focused on MOBs, office
WEST PALM BEACH, Fla. – Peter Applefield, formerly a principal of West Palm Beach, Fla.-based AW Property Co., recently formed a new company focusing on acquiring and managing medical and professional office buildings in South Florida and the Southeast United States.