Industry Pulse: Healthcare REIT execs are upbeat about 2016
Returns have been down in recent years but there are reasons for optimism in 2016 The prognosis is good for publicly traded healthcare real estate investment trusts (REITs). That’s according to an article in the May/June edition of REIT, the magazine of the National Association of Real Estate Investment Trusts (NAREIT).
Companies & People: Richmond Honan Development hires Wall Street veteran Vincent Napolitano as EVP of finance
ALPHARETTA, Ga. – Atlanta-based Richmond Honan Development and Acquisitions LLC, which focuses on healthcare real estate, has hired Vincent Napolitano as executive VP of finance.
Companies & People: Brian Peay joins American Healthcare Investors as EVP and CFO; will also be CFO of related REITs
IRVINE, Calif. – Irvine-based American Healthcare Investors (AHI), focused on acquiring and managing healthcare properties, recently hired Brian Peay as its executive VP and chief financial officer (CFO).
Companies & People: New REIT will have impact on HRE
Colony NorthStar would be formed from three firms, including NorthStar Realty By John Mugford Whether it will be buying or selling properties, a new real estate investment trust (REIT) in the works through the merger of three large publicly traded companies is likely to be a significant player in the healthcare real estate (HRE) arena.
Companies & People: Lorie Damon honored by BOMA International with Outstanding Achievement Award
ST. LOUIS – Cushman & Wakefield announced May 31 that Lorie Damon, managing director of its Healthcare Practice Group, was honored with the Outstanding Achievement Award at the recent Building Owners and Managers Association (BOMA) International Medical Office Building and Healthcare Facilities Conference in Orlando, Fla.
Companies & People: Tom Herzog to rejoin HCP Inc. in late June as executive VP and chief financial officer
IRVINE, Calif. – Irvine-based HCP Inc. (NYSE: HCP) recently announced that Tom Herzog is the new executive vice president (EVP) and chief financial officer (CFO).
News Release: Just Sold – 60% Vacant Medical Office Building Trades to User Orange County, California
7872 Walker Street, La Palma, CA CBRE’s Investment Properties-SOCAL team is pleased to announce the sale of 7872 Walker Street, a two-story 59,245 SF medical office building on 2.15 acres in La Palma, California to a user who plans on renovating and occupying the building. The property was approximately 60% vacant at the time of sale […]
For Sale: Value-Add Medical Office Opportunity | Memphis MSA
The Offering Representing an established address within the East Memphis office market, The Park Station consists of approximately 37,921 square feet of medical office space. Currently 75% leased, the Property is supported by a tenant mix which includes an array of established medical practices including pediatricians, dentists, orthodontists, chiropractors and podiatrists. The Park Station offers […]
News Release: Executive’s world changed with cancer diagnosis, but found hope at Baptist MD Anderson Cancer Center
Groundbreaking of new nine-story building will provide more patients with individualized care Jacksonville, Fla., June 23, 2016 – When Brandy Eger’s world was turned upside down after being diagnosed with an aggressive form of breast cancer, she didn’t know how she would make it through. One of the places the senior bank executive found comfort […]
News Release: Just Closed – Atrium Medical Center Professional Building
The CBRE U.S. Healthcare Capital Markets Group acted as the advisor for the sale of the Atrium Medical Center Professional Building in Middletown, Ohio. Sale Date 16-Jun-16 Sale Price $19,300,000 Price Per SF $186 Building Size 103,175 SF Occupancy 80.30% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the […]
News Release: HRE Capital secures debt financing for the acquisition of a 48,267 SF MOB in Sarasota, Florida.
Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the exclusive financial advisor to AW Property Co. (“AW”) related to securing debt financing for the acquisition of a 48,267 square foot medical office building (“Asset”) located in Sarasota, Florida. Built in 2006, the multi-tenant medical office building is located directly adjacent to the […]
News Release: Griffin-American Healthcare REIT IV Enters Agreement to Acquire Rochester Hills Medical Office Building Near Detroit
DETROIT, Mich. (June 23, 2016) – American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has entered into an agreement to acquire Rochester Hills Medical Office Building, an approximately 30,000-square-foot medical office building in the Detroit suburb of Rochester Hills, Michigan, from an unaffiliated […]
For Sale: Call for Offers – Milan Business Center – Office – Las Vegas, NV
The Offering Call For Offers: June 24, 2016 CBRE is pleased to present for sale Milan Business Center, a ±76,140 square foot multi-tenant office park consisting of two (2) two-story buildings located on East Sahara Avenue between Maryland Parkway to the west and Eastern Avenue to the east. The property is currently 39% leased to […]
