Industry Pulse: Some Markets Continue to See Needs for New Beds
Acute care hospital construction is booming in Las Vegas and parts of southern Nevada Reports about dwindling demand for hospital beds nationwide is most likely an accurate prediction, but some parts of the country continue to see a need for new beds.
Industry Pulse: Real Estate Boosts Steward Rebound
Real estate, technology and an ACO help system save big When Cerebus Capital Management formed Steward Health Care in 2010 to acquire six hospitals that were part of Caritas Christi Health Care, four of the facilities were suffering significant losses. Although Boston-based Steward faced financial difficulties, it has invested more than $850 million into facilities, […]
Industry Pulse: On the Record – Barry Weinbaum
Will there be many multi-tenant MOBs developed in the years to come? “I think the multi-tenant building is pretty much a dinosaur… We did a building two years ago for a Tenet hospital in Los Alamitos, which is probably going to be our last multi-tenant building… I think it will be replaced by hybrid buildings […]
Companies & People: H2C advises Ciminelli on portfolio
Firm teams with MBRE in acquiring MOBs and cancer centers in Greater Buffalo By John B. Mugford Buffalo, N.Y.-based Ciminelli Real Estate Corp. recently acted upon an opportunity to acquire four medical office buildings (MOBs) with cancer centers throughout its hometown’s metropolitan area. The company, well-known in the pages of Healthcare Real Estate Insights™ for […]
Companies & People: HRE Capital represents sellers, developer in a number of transactions
NEW YORK – It’s been a busy second half of the year for New York-based Healthcare Real Estate Capital (HRE Capital), as it acted as the advisor in a number of deals that included sales of medical office buildings (MOBs) and the securing of financing for a senior housing community.
For Sale: Meadowcrest Medical Office Building – Gretna (New Orleans), LA
Holliday Fenoglio Fowler, L.P. (“HFF”) has been retained by Meadowcrest Professional Building Partnership (“Owner”) on an exclusive basis with respect to the disposition of Meadowcrest Medical Office Building (“The Property” or “Meadowcrest MOB”) that is comprised of approximately 68,526 square feet and is currently 95% leased. The Property is located less than six miles […]
For Sale: A Premier Behavioral Health Hospital Located in the South Texas Medical Center
Behavioral Health Hospital Located in the South Texas Medical Center The Offering CBRE’s U.S. Healthcare Capital Markets Group is pleased to exclusively offer the Nix Behavioral Health Center of San Antonio for purchase. The property is located within the South Texas Medical Center, a 900 acre district consisting of forty-five medically related institutions that include […]
News Release: Hammond Hanlon Camp LLC Advises Ciminelli Real Estate Corporation on the Acquisition Financing of a 170,000 Square Foot Portfolio
Hammond Hanlon Camp LLC | H2C News ATLANTA | CHICAGO | NEW YORK | SAN DIEGO …………………………….. “[H2C] exceeded our expectations and ensured the successful execution of a complicated […]
News Release: Jason Dufour Joins Healthcare Finance Group at Wells Fargo Capital Finance
SANTA MONICA, September 23, 2015 – Wells Fargo Capital Finance, the asset-based lending (ABL) division of Wells Fargo & Company (NYSE: WFC), has announced the addition of healthcare finance veteran Jason Dufour to its Healthcare Finance Group. Based in McLean, VA, Dufour’s efforts will be focused on providing senior secured financing to middle market healthcare companies […]
For Sale: New 15-Year Net-Leased Dialysis Clinic
Brand new construction December 2015 rent commencement Well located between Baton Rouge and New Orleans New 15 year primary lease term 10% rental escalations every five years Modified NNN lease structure Estimated NOI: $168,059 Price: $2,801,8000 Cap Rate: 6.00% Josiah Byrnes Vice President (719) 243-6569 jbyrnes@embreegroup.com
News Release: Sale of a 25,070 SF Outpatient Medical Office Building Located in Cleveland, Ohio
Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the exclusive financial advisor to 200 E. 18th LLC (“Seller”) related to the disposition of the Buckeye Health Center, a 25,070 square foot outpatient medical office building (“Asset”) located in Cleveland, Ohio. Purpose built in 2005 to an institutional level of quality, the 100 […]
News Release: Hammond Hanlon Camp LLC Welcomes Joseph Trunfio as a Special Advisor to the Firm
Click here to view in web browser Hammond Hanlon Camp LLC | H2C News _______________________ “H2C has closely followed Joe’s achievements… and we have been long-time admirers of his success.” -Michael B. Hammond Principal, H2C _______________________ […]
News Release: Avison Young completes $6.5-million sale of medical office building in Los Angeles
Avison Young completes $6.5-million sale of medical office building in Los Angeles Los Angeles, CA – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has completed the $6.5-million sale of an 8,568-square-foot (sf) medical office building located in the Culver City submarket of Los Angeles. Avison Young […]
For Sale: Pearson MOB
Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp a North Carolina licensed real estate broker(“HFF”) has been retained on an exclusive basis to arrange the sale of Pearson MOB (the ‘Property’), consisting of 29,700 square feet located in Gastonia, North Carolina. The Property is situated across the street from CaroMont Regional […]
News Release: Hammond Hanlon Camp LLC Advises on the Sale of Ty Cobb Regional Medical Center to St. Mary’s Health System
ATLANTA — Ty Cobb Regional Medical Center (“Ty Cobb”) completed the sale of its 56-bed hospital to Trinity Health’s affiliate, St. Mary’s Health Care System, Inc. (“St. Mary’s”), effective June 1, 2015. The hospital has been renamed St. Mary’s Sacred Heart Hospital. Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as exclusive […]
