Post-Acute & Senior Living: O’Reilly Development plans two Missouri senior projects totaling more than $54M
ST. CHARLES and NIXA, Mo. – Springfield, Mo.-based O’Reilly Development Co. is planning two new senior living communities in Missouri with a combined development cost of more than $54 million.
Industry Pulse: Healthcare to be Part of Walter Reed Campus Plan
Part of former Walter Reed Hospital campus might be home to healthcare once again As a groundbreaking nears for the potential redevelopment of a large portion of the former Walter Reed Hospital campus in Washington, operated by the U.S. Army until its closure in 2011, it looks as if healthcare will be a part of […]
Industry Pulse: 31-Acre Buy Sparks Hospital Speculation
Local media says a new 120-bed hospital is in the works With just one hospital, the city of Deltona, Fla., has been, for some time, considered to be a good candidate for the development of a new inpatient facility.
Post-Acute & Senior Living: Two senior housing executives charged with fraud in separate cases
WASHINGTON – Federal authorities recently charged two separate senior housing executives with fraudulent activity in separate cases.
REIT Report: G-A REIT III still buying aplenty
Unlisted REIT spent $180M in Q3 and has even more acquisitions in the pipeline By Erin E. Porter Griffin-American Healthcare REIT III (G-A REIT III), the latest in a line of healthcare-focused, unlisted real estate investment trusts (REITs) co-sponsored by California firms American Healthcare Investors and Griffin Capital Corp., continued with its buying ways in […]
Post-Acute & Senior Living: Mainstreet completes new post-acute facilities in Indiana and Kansas
DYER, Ind., and OVERLAND PARK, Kan. – Carmel, Ind.-based Mainstreet recently completed new projects in Dyer and Overland Park with a combined value of more than $40 million.
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.
