Post-Acute & Senior Living: More Post-Acute and Senior Living news
In a newly formed joint venture (JV) partnership, Boston-based Blue Moon Capital Partners LLC and Des Moines, Iowa-based LCS are teaming up to build the 207-unit The Delaney at Parkway Lakes in Katy, Texas, a growing suburb about 30 miles west of Houston. The facility will have independent living, assisted living and memory care beds. […]
Industry Pulse: Population Health Will be a Key in 2016
PHM transition will be key to achieving IHI’s “triple aim” Population health management (PHM) will be the dominant trend for the acute care sector this year. That’s according to the recent “2016 Healthcare Industry Outlook” report from the investment bank Cain Brothers & Co. LLC.
Post-Acute & Senior Living: Senior sector might see challenges
NIC points to economic uncertainty and booming construction in some markets By Murray W. Wolf The senior housing sector might encounter “some bumps in the road” this year, as changes to the U.S. economy could have implications for capital costs, deal pricing and property valuations. Yet senior housing construction is booming in some markets.
Industry Pulse: On the Record – Dr. Larry Goodman
Why is Rush planning a new $500M outpatient center in Chicago? “These initiatives will allow us to best coordinate services for patients, and to prepare our students for their roles as the next generation of healthcare professionals. We are excited to work with our stakeholders and partners to finalize plans and help bring the Rush […]
Industry Pulse: Healthcare Retailization About More Than Access
Gaining brand recognition with traffic from retail customers is also part of the strategy In a recent wrap-up of 2016 commercial real estate trends, HSA PrimeCare of Chicago spoke for the healthcare real estate (HRE) sector, citing retailization as the market’s biggest trend.
Publisher’s Letter: Beyond the Pale
If I looked at little peaked at the awards, here’s why Dear Reader: Being of predominantly Western European extraction, I am genetically fair-skinned – even among my fellow Caucasians. Or, as my Grandma Wolf used to exclaim when I visited her as a child, “He’s so pale!” (This was from a woman that was no […]
Capital Markets: Better together
The advantages of loan consolidation through refinancing and recapitalization By Erik Tellefson Thanks to the many disparate sources of capital now available to medical office building investors, borrowers can often find themselves with multiple individual loans, frequently from different lenders. Often an investor will use a different financing source for construction loans, a second financing […]
REIT Report: G-A REIT III nearing end of purchases
But co-sponsors AHI and Griffin Capital are launching a new healthcare REIT By John B. Mugford With its late 2015 acquisition of Trilogy Health Services LLC, Irvine, Calif.-based Griffin-American Healthcare REIT III Inc. nearly doubled its size.
Companies & People: A very big management assignment
Avison Young selected to manage 1.5M s.f. MOB portfolio in Greater D.C. area By John B. Mugford With one very large acquisition back in late 2013 and early 2014, Chicago-based Harrison Street Real Estate Capital became the largest owner of medical office buildings (MOBs) in the Washington, D.C., area.
News Release: Morgan / Harbour Completes New Medical Office Building for Presence Health Group
(Woodridge, Ill.) – Morgan / Harbour is pleased to announce that the firm completed a new ground-up, 25,000 square foot medical office building for Presence Health. The new Presence Healing Arts Pavilion is located at 16615 S. Route 59 in Plainfield, Illinois. Irgens Partners, LLC is the project developer and owner of the new facility. […]
News Release: Brackett Flagship Properties Expands Footprint in Eastern Tennessee
Flagship Healthcare Real Estate Fund Acquires Parkside Medical Plaza in Knoxville, Tennessee January 21st, 2016 – Flagship Healthcare Real Estate Fund is pleased to announce its acquisition of Parkside Medical Plaza in Knoxville, Tennessee. Parkside sits in the heart of Knoxville’s affluent suburb of Farragut. The prominent building’s central location in the Turkey Creek development […]
News Release: Heitman-NexCore acquires ‘trophy’ medical office building in Seattle
The First Hill Medical Pavilion is a newly constructed, Class-A, fully leased building, 65% by Swedish Medical Center SEATTLE and DENVER, Jan. 21, 2016 – Heitman LLC, a multi-national real estate investment management firm, and NexCore Group LLC, a top-ranked national healthcare real estate firm, have acquired the First Hill Medical Pavilion, a Class A, […]
News Release: Bradley Company Names Jim Logan Director of Property Management
South Bend, IN – January 21, 2016 – Bradley Company is pleased to welcome Jim Logan, CPM, Director of Property Management for its Central Indiana region. With a commercial real estate career spanning more than 30 years, Logan brings a wealth of experience in property management and excels in sales, operations and leadership. He will […]
For Sale: Just Listed – 100% Occupied Medical/Office Building – Ponca City, OK
Asset Overview Price: $2,200,000 Square Feet: 21,906 SF PSF: $100.43/SF Cap Rate: 6.25% Occupancy: 100% Investment Summary CBRE is pleased to present the opportunity to acquire 415 Fairview Avenue, a 100% leased medical/office building comprised of 21,906 +/- SF, in Ponca City, Oklahoma. The subject property is situated on 1.46 acres, located approximately 300 yards […]
News Release: Clara Maass Medical Center Celebrates With Beam Signing Ceremony
BELLEVILLE, N.J., Jan. 20, 2016 – A beam signing ceremony was held recently to commemorate another construction milestone of the new 87,000 square foot expansion to Clara Maass Medical Center. Representatives from Barnabas Health, Rendina Healthcare Real Estate and city officials gathered to celebrate this benchmark and sign a beam that was later integrated into […]
