Transactions: Bamboo Micro Equity Fund I acquires 52,000 square foot MOB outside of St. Louis
SUNSET HILLS, Mo. – Chesterfield, Mo.-based Bamboo Equity Partners, which manages $450 million worth of real estate in the Midwest, recently acquired an MOB in Sunset Hills, outside of St. Louis, through its Bamboo Micro Opportunity Fund I LP.
December 2017
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Finalists: Best New Mob – Oakland Medical Office Building, Oakland, Calif.
Developer: Meridian When asked to find a site for a dialysis clinic in a busy Oakland corridor with extremely limited development opportunities, Meridian delivered.
Finalists: Renovated/Repurposed – Drummond Physical Rehabilitation Institute, Boca Raton, Fla.
Developer: Boca Raton Regional Hospital This was an incredibly complex renovation and exterior addition. The developer faced multiple challenges including soil stabilization for the pool addition and structural shoring for the roofing and structural steel installation.
Post-Acute & Senior Living: Welbrook Senior Living starts its second transitional rehab facility in New Mexico
FARMINGTON, N.M. – El Segundo, Calif.-based Welbrook Senior Living recently started construction on its second transitional rehabilitation facility in New Mexico.
Finalists: HRE Executive of the year
Darryl Freling Founder and Managing Principal, MedProperties Holdings LLC Darryl Freling’s many years of leadership and expertise in the healthcare real estate (HRE) sector reached a new high in 2017, as he led MedProperties through the largest transaction of its 10-year history, the acquisition of the $230 million Harrison Street Portfolio with 17 properties in […]
Finalists: Best Inpatient Facility -Winston Medical Center, Louisville, Miss
Developer: Winston Medical Center Residents of the Louisville area recently celebrated the completion of the new 62,739, $55 million Winston Medical Center, about three years after a tornado destroyed the only hospital within a 30-mile radius of the town, killed 10 people and left hundreds homeless.
Transactions: Montecito acquires newly constructed, 16,500 square foot MOB near Nashville, Tenn.
MT. JULIET, Tenn. – In more news from Montecito Medical Real Estate, the firm announced recently that it acquired the 16,500 square foot Saint Thomas – Mt. Juliet MOB in rapidly growing Mt. Juliet, near Nashville.
Finalists: Best Post-Acute/Senior Living – Walnut Crossing Assisted Living & Memory Care, Marysville, Ohio
Developer: NexCore Group LLC NexCore’s solution was able to deliver rates comparable to older facilities in the market; reduce FTE counts by reducing staff travel distance to dining areas;
Finalists: Best New Mob – Kaiser Permanente La Habra Medical Offices, La Habra, Calif.
Developer: Kaiser Foundation Health Plan Inc. Kaiser Permanente desired to build a collaborative and community based next generation ambulatory care design concept to support its Thrive branding campaign and serve as a model for future outpatient facilities in Orange County.
Post-Acute & Senior Living: Chicago firm acquires three assisted living, memory care properties in Greater Dallas
GREATER DALLAS – The Dallas Business Journal reported Nov. 20 that Chicago-based CA Ventures and its CA Senior Living LLC have agreed to acquire three properties in suburbs north of Dallas.
Finalists: Best Post-Acute/Senior Living – Grand Living at Lake Lorraine, Sioux Falls, S.D.
Developer: Ryan Companies US Inc. The project was delivered on time and on budget. Leasing is on track to achieve the assumed 24-month lease-up for 156 units, with 73 residents secured since March.
REIT Report – Life sciences are a hit for Ventas
REIT says it had a strong Q3, fueled by same-store NOI growth in all property types By John B. Mugford Chicago-based Ventas Inc. (NYSE: VTR) had a strong third quarter (Q3) of 2017, company officials say, because of the continued diversification of its portfolio, the strength of the properties it owns and operates, the partnerships […]
Finalists: HRE Executive of the year
John Thomas Chief Executive Officer, Physicians Realty Trust Among his many accomplishments in the healthcare real estate (HRE) sector, John Thomas’s latest role as the leader of Physicians Realty Trust has been one of dramatic activity.
Finalists: Best Inpatient Facility – Beacon Children’s Hospital, South Bend, Ind.
Developer: Beacon Health System The new $50 million, 100,000 square Beacon Children’s Hospital recently opened on the Memorial Hospital campus and is now serving residents from 15 counties in Indiana and Michigan.