Post-Acute & Senior Living: Welltower making a big buy in Calif.
REIT to pay $1.15 billion for 19 properties from Vintage Senior Living By John B. Mugford In a $1.15 billion deal that’s expected to close in tranches starting in September, Welltower Inc. (NYSE: HCN) has entered into a definitive agreement to acquire a portfolio of 19 properties in Northern and Southern California from the current […]
Post-Acute & Senior Living: Sunrise to operate senior housing facility being built by Welltower, Hines
NEW YORK – In more news from Welltower, the REIT recently announced that McLean, Va.-based Sunrise Senior Living will operate a senior living community under development in Midtown Manhattan.
Industry Pulse: Construction Starts Might Decline This Year
Dodge foresees an overall decline in square footage and value compared with last year U.S. healthcare construction starts will decline slightly this year, according to estimates from the construction data research firm Dodge Data & Analytics. But the numbers seem to confirm a perceived long-term trend of increased focus on outpatient care.
Companies & People: New firm making inroads in MOBs
Former Neal Richards Group execs and others making their mark in North Texas By John B. Mugford Dallas-based Koa Partners, a multi-service, multi-sector real estate firm that had its start about a year ago and includes a brokerage services arm, looks to be making a mark in the MOB development sector in North Texas.
Industry Pulse: Construction starts might decline this year
Dodge foresees an overall decline in square footage and value compared with last year U.S. healthcare construction starts will decline slightly this year, according to estimates from the construction data research firm Dodge Data & Analytics. But the numbers seem to confirm a perceived long-term trend of increased focus on outpatient care. Dodge estimates that […]
Editor’s Letter: Changes abound
Familiar executives moving to new companies Dear Reader, For quite a few years, it seemed like few personnel changes took place in the healthcare real estate (HRE) sector, especially the medical office building (MOB) market. And because the sector is rather small compared to other industries, it was usually big news when someone who was […]
News Release: FishHawk HealthPark Open for Business
LITHIA, Fla. – FishHawk HealthPark, a new medical complex featuring physicians and dental offices, has opened at the corner of FishHawk Boulevard and Skytop Drive, in the Village Center in FishHawk Ranch. FishHawk Ranch is owned in a joint venture partnership between NORTH AMERICA SEKISUI HOUSE, LLC (NASH), the U.S. business unit and full subsidiary […]
News Release: MedProperties Holdings and Cypress West acquire McHenry Medical Building in California
The 62,000 square foot healthcare facility on the campus of Doctors Medical Center in Modesto, Calif., is 100 percent leased by multi-tenant physician practices MODESTO, Calif., and DALLAS, Aug. 24, 2016 – It’s not often an investor can acquire a 100 percent leased, on-campus medical office building (MOB) at a value-add price. But MedProperties Holdings […]
News Release: NexCore leads innovative approach to bring Buck Creek Medical Plaza to Colorado’s Vail Valley
New healthcare facility provides one-stop outpatient care to underserved mountain community via unique collaboration between developer, town government, fire district and landowner AVON and DENVER, Colo., Aug. 24, 2016 – When NexCore Group, a national healthcare real estate developer, broke ground on the new three-story, 48,400 square foot Buck Creek Medical Plaza in Avon more […]
For Sale: OM Now Available – Largo 95, Largo, MD
Confidentiality Agreement Executive Summary
For Sale: Offers Requested – 100% Leased Medical Office Investment Opportunity Located in Top Dallas Medical Market
Offers Requested by Thursday, September 8th, 2016 – 5:00 PM CDT Download Outlook Reminder CBRE’s Healthcare Capital Markets Group is pleased to exclusively offer the condominium interest in MacArthur Medical Plaza (the “Property”) for purchase. Located in Irving, Texas within Dallas County, MacArthur Medical Plaza is a four-building medical office complex consisting of a total 62,201 […]
News Release: Medistar Corporation Announces Development of Skilled Nursing, Assisted Living and Memory Care Facility in El Paso, Texas with Vibra Healthcare as Operator
El Paso, TX (August 22, 2016) – Medistar Corporation (“Medistar”) announced today that Vibra Healthcare, LLC (“Vibra”) will be the operator of a new VibraLife community located at 3421 Joe Battle Boulevard, El Paso, Texas 79938. Now in construction immediately across Joe Battle Boulevard from Tenet Healthcare’s The Hospitals of Providence East Campus, this new and innovative facility will […]
News Release: EnTrust Closes Sale of Highland Park MOB in Record Time
EnTrust Closes Sale of Highland Park MOB in Record Time CHICAGO (August 16, 2016) – EnTrust Realty Advisors completed the sale of Laurel Terrace, a 28,000 SF Class A medical office building in downtown Highland Park, Ill., to an investment fund of Harrison Street Real Estate. The sale took only one week to complete, from […]
News Release: CareTrust REIT Makes Preferred Equity Investment
SAN CLEMENTE, Calif., Aug. 11, 2016 (GLOBE NEWSWIRE) — CareTrust REIT, Inc. (NASDAQ:CTRE) today announced that it completed a $2.2 million preferred equity investment with a development affiliate of existing CareTrust tenant Cascadia Healthcare, LLC. Cascadia will use the preferred equity funds to construct a new 99-bed transitional rehabilitation facility in Nampa, Idaho, just a […]
News Release: AW Property Co. Expands its Florida Healthcare Real Estate Portfolio with Acquisitions in Sarasota and Fort Lauderdale
Palm Beach Gardens, Florida – August 18, 2016 – AW Property Co., the leading real estate investment and operating company specializing in medical and professional office properties in major markets throughout Florida, today announced the acquisition of two medical office buildings adding to its growing portfolio of healthcare real estate. AW currently owns and operates […]
