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.
Companies & People: Stream Realty Partners hires John Huff to lead its new healthcare real estate platform
DALLAS – Stream Realty Partners, which operates more than 130 million square feet of industrial, office, retail and multifamily space, recently named John Huff as the managing director of its new healthcare real estate division in the Dallas-Fort Worth market.
Companies & People: David Chung hired to oversee West Coast healthcare real estate development for Duke Realty
INDIANAPOLIS – David Chung recently joined Duke Realty as VP of development, healthcare. In his new role, Mr. Chung oversees all phases of development, including client solicitation and business development, planning, budgeting, design and construction, on the West Coast.
Companies & People: Ventas closes on $1.5 billion purchase of 25-property, 4.5 million square foot Wexford portfolio
CHICAGO – Ventas Inc. (NYSE: VTR) recently completed its $1.5 billion acquisition of the Wexford Science & Technology portfolio of life science and medical properties from affiliates of Blackstone Real Estate Partners VIII LP.
Companies & People: New members, returnees join board
Magazine’s Editorial Advisory Board bolsters its reach within HRE sector By Murray W. Wolf Two new members have been added to the Healthcare Real Estate Insights™ Editorial Advisory Board (EAB), which comprises industry leaders who are active in healthcare real estate (HRE) development, financing, investment, advisory services, consulting, brokerage, property management and law, as well […]
Companies & People: Skanska USA lands contract for early work at U of Virginia Hospital project
CHARLOTTESVILLE, Va. – New York-based Skanska USA is performing early site work, relocating utilities and installing building foundations at the University of Virginia’s hospital in Charlottesville.
Companies & People: First building of planned four-building medical park opens in Lithia, Fla., east of Tampa, Fla.
LITHIA, Fla. – The 22,600 square foot first building of FishHawk HealthPark has opened in Lithia, about 20 miles east of Tampa, Fla. Tenants include Pediatric Health Care Alliance and BayCare Medical Group.
News Release: HDR Architect Earns ACHA Certification
Charlotte architect earns industry honor Omaha, NE – The American College of Healthcare Architects (ACHA) has announced that James J. Atkinson, AIA, ACHA, EDAC, LEED AP, HDR vice president and director of healthcare planning, has earned board certification in healthcare architecture. Jim recently passed an accredited examination, which assesses the knowledge and understanding of architects […]
News Release: Jacksonville Jaguars $1 million gift creates $2.25 million endowment to Baptist MD Anderson Cancer Center
Funds to support women’s breast cancer prevention, treatment and care Shad Khan, owner of the Jacksonville Jaguars, has made a $1 million gift to Baptist MD Anderson Cancer Center that, with matching funds, has created a $2.25 million Jacksonville Jaguars endowment for breast cancer prevention, treatment, and care. Khan presented a check to Hugh Greene, […]
News Release: HDR’s Omaha Architecture Studio Welcomes Caroline Hinrich
Omaha, NE – Caroline Hinrichs has joined HDR’s Omaha architecture staff as a principal, client & community relations, and she is responsible for client relations and community engagement in Omaha. Caroline says she’s excited to help position HDR in meaningful and cooperative, mutually beneficial ways: “There’s so much happening in the building industry; we can […]
News Release: Capital One Closes $162.5 Senior Secured Credit Facility for Palm Garden Healthcare
Bethesda, Md. (October 24, 2016) – Capital One announced today that it served as sole lead arranger and administrative agent for a $162.5 million senior secured credit facility consisting of a real estate term loan, a capex line of credit and an asset-based revolver. Palm Garden Healthcare, the borrower, owns 14 skilled nursing facilities and an […]
News Release: Marcus & Millichap Arranges the Sale of a 11,000-Square Foot Net-Leased Property
AURORA, OH, December 1, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of The UH Walden Health Center, a 11,000-square-foot, net-leased property located in Aurora, OH. According to Michael L. Glass, regional manager of the firm’s […]
News Release: Marcus & Millichap sells San Fernando Valley office and medical campus for $32 million
TARZANA, Calif., Oct. 20, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Tarzana Professional Center, an office and medical campus consisting of approximately 160,345 rentable square feet in Tarzana, California. The $32 million sales price […]
News Release: Just Closed – 1720 El Camino Real
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of 1720 El Camino Real in Burlingame, California. Sale Date: October 5, 2016 Sale Price: $28,500,000 Price Per SF: $312 Building Size: 91,396 SF Occupancy: 91% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of […]
