Capital Markets: Insights into acquisitions financing
These are a relatively straightforward – but important – type of HRE financing By Erik Tellefson In this column we’ve primarily discussed how various asset classes, including medical office building (MOB) and laboratory and biotechnology properties, are financed. Today I want to start a series of articles describing different types of financing in detail and […]
Post-Acute & Senior Living: Partnership to develop 124-resident Shepherd Living community near Huntsville, Ala.
MADISON, Ala. – A partnership of Dallas-based Cobalt Seniors and Miami Beach, Fla.-based Shepherd Health recently announced that it plans to start construction soon on Shepherd Living at The Range, a 124-resident community offering “spa-like living” on 14 acres in Madison, a growing suburb of Huntsville, Ala.
Publisher’s Letter: New HRE comp survey
Kevin Jones was instrumental in getting it done Dear Reader: If you like this month’s cover story, “What’s in your wallet?” starting on Page 21, which spotlights executive compensation in the healthcare real estate (HRE) space, you have Kevin Jones to thank.
Post-Acute & Senior Living: Spectrum Retirement receives go ahead for 174-unit project in Indianapolis suburb
WHITESTOWN, Ind. – A new $35 million, 174-unit independent living, assisted living and memory care community has received the go ahead in Whitestown, a suburb of Indianapolis.
Post-Acute & Senior Living: Chelsea Senior Living teams R.E. firm on 118-bed senior project on Long Island, N.Y.
YAPHANK, N.Y. — A joint venture (JV) partnership of Farnwood, N.J.-based Chelsea Senior Living and Yonkers, N.Y.-based AVR Realty recently announced plans for a $27 million, 118-bed assisted living complex in the Long Island city of Yaphank.
Industry Pulse: ‘We’re Just Scratching the Surface’ of Growth
Former Wisconsin governor, secretary of HHS Tommy Thompson embraces MOBs During a question and answer period in which he noted that Americans no longer trust their government, but that the U.S. healthcare system is the best in the world despite what some critics might say, Tommy Thompson, the former governor of Wisconsin and the secretary […]
Post-Acute & Senior Living: Mainstreet Health Investments pays $152 million for properties in U.S., Canada
TORONTO – Toronto-based Mainstreet Health Investments (MHI), the investment arm of Carmel, Ind.-based Mainstreet, continues to grow its senior portfolio, as it recently acquired seven senior communities with 739 beds and five developable parcels in the United States and Canada for $152 million.
Industry Pulse: HRE Market Likely to Keep Expanding
Economist upbeat about the economy and the HRE market Noted economist Dr. Glenn R. Mueller delivered a positive message during the opening keynote presentation at the Revista Medical Real Estate Investment Forum in Broomfield, Colo., Oct. 4-5.
Industry Pulse: On the Record – David Emery
What is the intent and impact of site-neutral Medicare payments?
REIT Report: MPT making big deal with Steward
Publicly traded REIT to buy nine hospitals from for-profit system for $1.2 billion By John B. Mugford If all goes according to plan, Boston-based Steward Health Care System LLC, which has been focused on eastern Massachusetts, can start expanding its “community-based care” model to a national platform.
Post-Acute & Senior Living: Long-time Southeast Mich. homebuilder entering senior housing sector in a big way
AUBURN HILLS, Mich. – Auburn Hills-based Moceri Cos. has been in the homebuilding business in southeast Michigan for 60 years.
Post-Acute & Senior Living: Historic Ill. hospital gets new life
Chicago developer taps into state incentives to convert building to 60 units By John B. Mugford A vacant, Art Deco-style hospital building in the Chicago suburb of Aurora, Ill., saw its last days as an inpatient facility many years ago.
Industry Pulse: On the Record – Mervyn Alphonso
How are health system real estate strategies changing?
Industry Pulse: Koch Cash Aiding Two NYC Cancer Centers
Koch Industries exec gives to two large outpatient facilities Time for quick construction updates on what will undoubtedly be two of the largest, and certainly two of the most expensive, outpatient facilities ever built in this country.
Companies & People: Ryan Cos. US executives are hoping to raise $60 million for healthcare real estate fund
MINNEAPOLIS – Executives with Minneapolis-based Ryan Companies US Inc., which has a relatively new healthcare division, are seeking to raise $60 million in equity for the new Ryan Healthcare Real Estate Fund I LLC.