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News Release: Moline, Ill.: IPA Brokers $11.6M Medical Office Building Sale

FOR IMMEDIATE RELEASE         IPA Brokers $11.6 Million Medical Office Building Sale MOLINE, Ill., Dec. 14, 2017 – Institutional Property Advisors (IPA), a division of Marcus & Millichap, (NYSE: MMI) announces the sale of Heartland Clinic and Ambulatory Surgery Center, a 34,020-square-foot medical office building located in Moline, Illinois.  The asset traded for $11.6 million, which […]

For Sale: 8.5% In-Place Cap Rate On 72% Leased Professional/Medical Business Park

For Sale: 8.5% In-Place Cap Rate On 72% Leased Professional/Medical Business Park

The Village Green   Investment Summary   Offering Price $10,950,000   $8,713,000 Cap Rate Leveraged In Place 8.50% 11.86% Pro-Forma with In-Place 11.14% 17.18% Total Building Area ±37,735 Year Built 2007 Number of Buildings 5 Parking Ratio ±189 Surface Spaces ±5.01: 1,000 SF     Investment Highlights   NEWLY DEVELOPED BEST-IN-CLASS BUSINESS PARK WITH UPSIDE • The […]

News Release: Skilled Nursing Occupancy Falls to a Five-Year Low in the Third Quarter

News Release: Skilled Nursing Occupancy Falls to a Five-Year Low in the Third Quarter

Managed Medicare revenue per patient day sets a new low in NIC’s five-year time series FOR IMMEDIATE RELEASE: December 14, 2017 Contact: Biba Aidoo, (443) 926-3181 or communications@nic.org Annapolis, Md. – The National Investment Center for Seniors Housing & Care (NIC) today released its third quarter 2017 NIC Skilled Nursing Data Report. Data in the report show […]

News Release: Skilled Nursing Occupancy Falls to a Five-Year Low in the Third Quarter

News Release: Skilled Nursing Occupancy Falls to a Five-Year Low in the Third Quarter

FOR IMMEDIATE RELEASE: December 14, 2017 Managed Medicare revenue per patient day sets a new low in NIC’s five-year time series Annapolis, Md. – The National Investment Center for Seniors Housing & Care (NIC) today released its third quarter 2017 NIC Skilled Nursing Data Report. Data in the report show that skilled nursing property occupancy […]

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News Release: Montecito Medical Acquires Two Wisconsin Medical Office Buildings Occupied by State’s Leading Care Provider

December 14, 2017 06:00 AM Eastern Standard Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a premier owner of medical office properties throughout the U.S., has recently completed the acquisition of a portfolio of two, Class-A medical office buildings with ambulatory surgery centers in the greater Milwaukee, Wisc., area. The facilities total 129,629 square feet and are 100% […]

News Release: Maplewood Senior Living Officially Breaks Ground on Future Site of Maplewood at Southport Senior Living Community

News Release: Maplewood Senior Living Officially Breaks Ground on Future Site of Maplewood at Southport Senior Living Community

MAPLEWOOD SENIOR LIVING OFFICIALLY BREAKS GROUND ON FUTURE SITE OF MAPLEWOOD AT SOUTHPORT SENIOR LIVING COMMUNITY Southport is the Seventh Senior Living Property Developed in Connecticut by Maplewood December 14, 2017, Southport, CT. – Maplewood Senior Living, a leading provider of luxury senior living residences, held the ground break for its newest Connecticut community, Maplewood […]