Inpatient Projects: Adventist Health acquires 103 acres in Lakeland, Fla., for a possible hospital campus
Altamonte Springs, Fla.-based Adventist Health System in recent months acquired 103 acres near Florida Polytechnic University in Lakeland, about 30 miles east of Tampa. According to the Tampa Business Journal, the health system, which has 45 hospital
Transactions: Dallas-based Ridgeline Capital acquires 42,000 square foot MOB in San Antonio
In more news from San Antonio, Dallas-based Ridgeline Capital Partners and an undisclosed equity partner recently acquired a 42,000 square foot MOB next to the campus of 371-bed Northeast Baptist Hospital. Connally Oaks Medical Center, 2130 N.E. Loop 410, is 95
Winner: Lifetime Achievement Award: They were ‘retailization’ pioneers
Paula Crowley and Lou Sachs have used the idea since the ‘80s By John B. Mugford In a company profile of Anchor Health Properties, Co-Founders Paula Crowley and Lou Sachs told Healthcare Real Estate Insights™ that a retail-oriented strategy creates healthcare facilities that offer patients a better experience with a creative mix of services and […]
Companies & People: Christine Gorham hired to lead Caddis’ strategy to grow platform in the Southeast
In more news from Dallas-based Caddis, the firm recently hired Christine Gorham to serve as director – Southeast Region. In her new role, Ms. Gorham focuses on growing the company’s
For Sale: Updated Financials: 7.82% In Place Cap Rate, Fully Leased Medical Office
The Offering CBRE, Inc., is pleased to exclusively offer for sale 4800 Medical Center, a 100% leased, medical office building located in affluent “Uptown” Fort Lauderdale along Federal Highway, just south of Commercial Boulevard, directly across from the 557 bed Holy Cross Hospital. The Property consists of a 0.44-acre […]
Industry Pulse: Merger Mania Strikes As Year Comes To A Close
Three planned healthcare mergers that could have a big impact on real estate are in the works It’s been merger mania recently as three blockbuster healthcare industry deals were announced in late 2017 – all with enormous potential implications for healthcare real estate: ■ Dignity Health and CHI. Offering services at more than 700 […]
News Release: PR: FLAGSHIP HEALTHCARE PROPERTIES SELLS VIRGINIA MEDICAL OFFICE BUILDING
FLAGSHIP HEALTHCARE PROPERTIES SELLS VIRGINIA MEDICAL OFFICE BUILDING Owners Flagship Healthcare Properties (“Flagship”), together with Drake Real Estate Partners (“Drake”), have sold Lee’s Hill Medical Plaza, a class “A” medical office building and free-standing emergency department located at 10401 Spotsylvania Avenue in Fredericksburg, Virginia. The ±72,255 square foot medical office building (“MOB”) is anchored by […]
News Release: CIT closes on CommuniCare credit facility
CIT Healthcare Closes on $136.9 Million Credit Facility for CommuniCare Proceeds provide working capital, finance acquisition of 10 skilled nursing facilities CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending and leasing services, today announced that its Healthcare Finance business has closed a $136.9 million senior secured credit facility for CommuniCare Health Services […]
News Release: Avison Young Arranges Sale of Medical Office Building in Virginia
72,255-SF Class A building is anchored by the Mary Washington Healthcare System in Fredericksburg Avison Young announced today that it has arranged the sale of a 72,255-square-foot, Class A medical office building in Fredericksburg, Va. Lee’s Hill Medical Plaza, anchored by the Mary Washington Healthcare System & Radiologic Associates of Fredericksburg, has been purchased from the […]
News Release: Hoefer Wysocki Completes Iconic Design of The Olathe Health Physicians Inc. Hedge Lane Clinic
Reusable prototype opens doors for clinic expansion in additional communities Interdisciplinary architecture and design firm Hoefer Wysocki announced today the completion of the Olathe Health Physicians Inc., Hedge Lane Clinic, located at 2090 W. Dartmouth St. in Olathe, Kan. The 9,400 sq.-ft., $2.2 million design-build project was a joint effort between Hoefer Wysocki, Meyer Brothers […]