News Release: Just Closed – Flower Mound Medical Portfolio
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Flower Mound Medical Portfolio in Flower Mound, Texas. The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Flower Mound Medical Portfolio (the “Property”) in Flower Mound, Texas. Lee Asher and Chris Bodnar of the U.S. Healthcare […]
News Release: Community Health Systems Completes Sale and Leaseback of Ten Medical Office Buildings
December 22, 2016 04:15 PM Eastern Standard Time FRANKLIN, Tenn.–(BUSINESS WIRE)–Community Health Systems, Inc. (NYSE:CYH) announced today that subsidiaries of the Company have completed the sale and leaseback of ten (10) medical office buildings for $163 million to HCP, Inc. (NYSE:HCP). The buildings, with a combined total of 756,183 square feet, are located in five […]
News Release: Embree closes on Fresenius locations in Texas and Colorado
EL PASO, TX & FORT COLLINS, CO Just Closed Embree Capital markets Group Inc. is pleased to announe the closing of two newly-built Fresenius locations in El Paso, Texas & Fort Collins, Colorado. New 2016 Construction 15-Year NN Lease 1.7% Annual Escalations Three, 5-Year Options Sold at 98% of Asking Price Buyers Committed 7 Months before […]
News Release: Embree closes on the sale of three Memory Care America communities in Texas and Arkansas
SAN ANTONIO, TX | NEW BRAUNFELS, TX | LITTLE ROCK, AR Just Closed Embree Capital markets Group Inc. is pleased to announe the closing of three newly-built Memory Care Americas located in El San Antonio, Texas, New Braunfels, Texas & Little Rock, Arkansas. New 2016 Construction 15-Year Absolute NNN Leases 2.0% Annual Escalations 146,207 Total Sq. […]
News Release: JUST SOLD – Inland Empire Medical Property Trades for $401 PSF
CBRE’s Investment Properties-So Cal team is pleased to announce the sale of a 40,041 square foot multi-tenant medical/office project located at 2140 Grand Avenue, Chino Hills, CA. The sale price was $16,056,560 or $401 PSF. Gary Stache, Mark Shaffer, Anthony DeLorenzo, Chris Bodnar, Lee Asher and John Oien of CBRE represented the seller, Stonecreek Company, […]
News Release: Ryan Companies’ Newest Medical Office Building Opens in Maple Grove, MN
Park Nicollet Health Services opens Park Nicollet Rehabilitation Services and Physicians Neck & Back Center Minneapolis, MN (December 20, 2016) — Ryan Companies US, Inc. and Park Nicollet Health Services celebrated the grand opening of Park Nicollet Rehabilitation Services and Physicians Neck & Back Center. The 26,000-square foot, one-story, retail medical office building is located […]
News Release: Caddis breaks ground on Heartis MidCities, a senior living community
The national healthcare real estate firm is building an amenity-filled independent living, memory care and assisted living residence in Bedford DALLAS and FORT WORTH, Texas, Dec. 21, 2016 – Caddis is moving full speed ahead with its newest Heartis® senior living community in Texas – the 178,530 square foot Heartis MidCities in Bedford, about 14 […]
News Release: Heartis breaks ground on its first senior housing community in Georgia
Caddis, a national healthcare real estate firm, plans to develop independent living, assisted living and memory care senior communities across the region FAYETTEVILLE, Ga., and DALLAS, Dec. 20, 2016 – As part of a major expansion into the Southeastern United States, Caddis, a national healthcare real estate firm headquartered in Dallas, recently broke ground on […]
Industry Pulse: Interest rate increases not seen as likely to have a big impact on HRE
Healthcare real estate sources say that slightly higher capital costs will probably do little to cool the market The Federal Reserve began cutting interest rates in September 2007 in growing recognition of the magnitude of the financial crisis. Rates were gradually reduced to historically low levels. The federal funds rate hit an unprecedented 0.25 percent […]
News Release: Griffin-American Healthcare REIT IV Acquires Evendale Medical Office Building Near Cincinnati
December 19, 2016 13:00 ET | Source: Griffin-American Healthcare REIT IV CINCINNATI, Dec. 19, 2016 (GLOBE NEWSWIRE) — American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired Evendale Medical Office Building, an approximately 66,000-square-foot medical office building in the Cincinnati suburb of […]
News Release: Carter Validus acquires Select Medical Rehabilitation Facility for about $63.6 million
Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) announced its acquisition of the Select Medical Rehabilitation Facility for approximately $63.6 million PROPERTY FEATURES AND HIGHLIGHTS: Three-story rehabilitation building located in Marlton, New Jersey built in 1995 89,000 total rentable square feet 100% net leased to Kessler Institute for Rehabilitation, Inc. (“Kessler”), a subsidiary […]
News Release: Healthcare Real Estate Capital advises Harrison Street on $21 million North Carolina MOB sale
Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the exclusive financial advisor to Harrison Street Real Estate Capital LLC (“HSRE”) related to the disposition of a 57,580 square foot medical office building known as CMC Mint Hill Medical Plaza (“Asset”), which is located in Mint Hill, North Carolina. The Asset is 100% […]
News Release: Rendina completes Glendale, Ariz., medical office building
GLENDALE, Ariz., Dec. 14, 2016 – Rendina Healthcare Real Estate announces the completion of a 62,835 square foot medical office building (MOB) on the Dignity Health St. Joseph’s Westgate Medical Center campus in the Phoenix suburb of Glendale. The new state-of-the-art MOB will provide patients improved access to the highest quality health services in the […]
News Release: Piedmont Receives Certificate of Need for Patient Tower
Atlanta, Ga. (December 13, 2016) – The Georgia Department of Community Health has granted Piedmont Atlanta Hospital a Certificate of Need (CON) for a new 16-story patient tower. Located on the corner of Peachtree and Collier roads, the new facility will provide updated amenities to patients in the community, as well as the Marcus Heart […]
News Release: Just Closed – Chino Hills Professional Plaza MOB
The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of Chino Hills Professional Plaza MOB (the “Property”) in Chino Hills, California. Chris Bodnar and Lee Asher of the CBRE U.S. Healthcare Capital Markets Group acted as the Seller’s exclusive advisors. The Property is located in one of the most affluent markets in Southern California. Built […]
