News Release: Town center project announced for NKU’s gateway
Mixed-Use Development and Medical Office Building Plans Announced Northern Kentucky University’s gateway into campus will be changing, as NKU, in partnership with development partner Fairmount Properties, announces plans for a mixed-use development and professional office building along U.S. 27 and Nunn Drive. A pedestrian-scaled, mixed-use “town center” style district is being developed on the south […]
News Release: HFF announces sale of skilled nursing facility in Greenville, Illinois
HFF announces sale of skilled nursing facility in Greenville, Illinois DALLAS, TX – December 18, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Helia Healthcare of Greenville, a 90-bed skilled nursing facility in Greenville, Illinois. The HFF team marketed the property on behalf of the seller, Palladian Healthcare. CareTrust REITTM purchased the […]
For Sale: BGL-Surprise Medical Plaza at The City | Surprise, AZ – OFFERS DUE JANUARY 10, 2018
OFFERS DUE: WEDNESDAY, JANUARY 10, 2018 Surprise Medical Plaza at The City (the “Property” or “Building”) is a 90% leased multi-tenant medical building that is conveniently located in Surprise, Arizona, a high-growth area located 20 miles northwest of downtown Phoenix. The Property, consisting of approximately 34,030 square feet, is strategically located near several medical centers […]
News Release: Ryan Companies Breaks Ground on New Senior Living Community in Addison, Illinois
NAPERVILLE, IL (DEC 16, 2017) LCS®, Harrison Street Real Estate Capital and Ryan Companies US, Inc. announce the start of construction of the partnerships third new senior living community in 2017, Clarendale of Addison. The $45M project will provide the same Class A continuum of care as other Clarendale communities, which include; independent living residences, […]
News Release: H2C Advises Phoebe Putney Health System on its Sale of Phoebe Senior Living at Morningside to Care Investment Trust
FOR IMMEDIATE RELEASE NEW YORK — December 15, 2017 — Hammond Hanlon Camp LLC (“H2C”), a healthcare focused strategic advisory and investment banking firm, served as the exclusive financial advisor to Phoebe Putney Health System (“Phoebe”) on the sale of Phoebe Senior Living at Morningside (“Morningside” or the “Community”) to Care Investment Trust (“CIT”), a real estate […]
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
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
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
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 […]
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
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 […]
News Release: HFF announces sale of and financing for Phoenix-area seniors housing community
DALLAS, TX – December 13, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of and financing for The Heritage Tradition, a 303-unit, Class A+ seniors housing community in the Del Webb master planned community of Sun City West, Arizona. The HFF team marketed the property on behalf of the undisclosed seller, and procured […]
News Release: 371 East Paces Ferry Celebrates Topping Out
Buckhead Medical Office Building Targeting April 2018 Opening ATLANTA, December 13, 2017 – Development of 371 East Paces Ferry, a premier medical office building located in the heart of Buckhead, has topped out and is three-quarters of the way through construction. The nine-story, 120,000-square-foot building is targeting an April 2018 opening. The Loudermilk Cos. broke […]
News Release: News Release: 85,000 SF MOB Development Project in Delaware
FOR IMMEDIATE RELEASE December 13, 2017 Anchor Health Properties announces partnership with Bayhealth to build medical office building in Delaware (Wilmington, DE) Sussex Campus Partners, LLC, a partnership of Anchor Health Properties and Bayhealth Medical Center, is pleased to announce development of an on-campus medical office building (MOB) located in Milford, Delaware. The project, an […]
News Release: Capital One Closes $46 Million Loan to Refinance Florida Medical Office Building Portfolio
FOR IMMEDIATE RELEASE Bethesda, Md. (December 13, 2017) – Capital One announced today that it provided a $46 million loan to AW Property Co. to refinance a portfolio of seven medical office buildings (MOBs) in Florida totaling 251,000 square feet. The loan was provided at the first closing of AW Property’s third healthcare investment fund, AW […]
