Industry Pulse: HRE Leasing Market Will Tighten Further in 2016
Increasing demand and falling construction might be a positive for current MOB landlords. Although medical office building (MOB) construction, occupancies and rental rates still haven’t returned to pre-Great Recession levels, a first quarter (Q1) 2016 decline in construction has helped to improve occupancies and rents, according to the “U.S. Healthcare Real Estate Outlook 2016” report […]
Post-Acute & Senior Living: Sonata Senior Living plans $30 million senior community in Winter Garden, Fla.
WINTER GARDEN, Fla. – On a site across from its memory care community in Winter Garden, Sonata Senior Living, based in Orlando, Fla., has plans to build a 139,000 square foot, 113-unit independent living seniors community.
Post-Acute & Senior Living: Houston-based Cardinal Bay acquires eight-property senior portfolio for $210 million
TEXAS and OKLAHOMA – Cardinal Bay recently closed on the acquisition of an eight-property senior housing portfolio in Greater Houston and Oklahoma City.
Companies & People: Scott North joins McGough Construction as executive VP of national healthcare group
ST. PAUL, Minn. – McGough Construction recently announced that Scott North has joined the company as EVP of its national healthcare group.
Companies & People: Stream Realty joins HRE arena
Large Dallas-based CRE firm hires Rob Choksi to head new healthcare division By John B. Mugford One of the big hitters in Texas real estate – and now in a number of other major markets – is launching a new healthcare division in Houston, where healthcare real estate (HRE) is experiencing quite a boom.
Companies & People: Alan L. Pontius promoted to director of specialty divisions at Marcus & Millichap
CALABASAS, Calif. – Calabasas-based Marcus & Millichap (NYSE: MMI) recently named Alan L. Pontius, a senior VP, as national director of the firm’s specialty divisions, which include MOBs and senior housing, among other sectors.
Companies & People: HRE Cap represents MedProperties Group in recapitalization of six-MOB portfolio
GREATER CHICAGO – New York-based Healthcare Real Estate Capital (HRE Cap) recently represented Northbrook, Ill.-based MedProperties Group (MPG) in a recapitalization with an undisclosed investor of a six-building, 219,000 square foot MOB portfolio.
For Sale: Wellmont Health System Medical Office Building – 410 Stagecoach Road, Bristol, VA
Property Overview The Wellmont Health System outpatient care center is a key network of a strong and growing health system in the Tri-cities region of Western Virginia and Eastern Tennessee. The region is an underserved health care market, and the subject property is well located along I-81 corridor making it easily accessible to the growing population. […]
Companies & People: JLL Healthcare Capital Markets facilitates permanent financing for Wisconsin portfolio
MILWAUKEE – The JLL Healthcare Capital Markets Group closed May 9 on the permanent financing for a portfolio of MOBs in the Milwaukee area.
Companies & People: Fairfield Asset Advisors brokers $5.2 million sale of Houston MOB occupied by two tenants
HOUSTON — Denver-based Fairfield Advisors recently arranged the $5.2 million sale of the University of Texas (UT) Physicians Medical Office Building (MOB) in Houston.
Companies & People: NexCore completes Denver area MOB
Firm completes its second building on new St. Anthony North Health Campus By John B. Mugford Denver-based NexCore Group recently completed the 41,400 square foot Medical Pavilion on the new St. Anthony North Health Campus in Westminster, Colo., a suburb north of Denver.
For Sale: Bridgeton Medical Office Building
Offering Memorandum Now Available Holliday Fenoglio Fowler, L.P. (“HFF”) has been retained by the owner on an exclusive basis with respect to the disposition of Bridgeton Medical Office Building (the “Property”) that is comprised of approximately 27,321 square feet and is currently 100% leased. The Property is located less than 15 miles from the St. Louis CBD, […]
For Sale: Gresham Station Medical Plaza – Gresham, OR (Portland MSA)
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For Sale: Coit Medical Center – Dallas, TX
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For Sale: Philadelphia Suburban Medical Office Opportunity
The Offering CBRE has been retained by ownership as the exclusive marketing advisor for the disposition of the Philadelphia Suburban Medical Office Portfolio (“Portfolio” or “Properties”), made up of the Lansdale Medical Campus located at 1001-1005 South Broad Street, Lansdale, Montgomery County, PA and Highpoint Square located at 1500 Horizon Drive, Unit A, Chalfont, Bucks […]
