News Release: St. Jude to develop $412 million research center to advance discovery
New center to attract scientists and clinicians in pediatric biomedical research Memphis, Tennessee, February 19, 2018 A new era of scientific advancement is emerging at St. Jude Children’s Research Hospital with the development of a $412-million advanced research center, the institution announced today. Designed as an interactive hub of exploration and discovery, the more than 625,000-square-foot center […]
For Sale: Seniors Housing Portfolio
Highlights 302 Units over 4 Assets Value Add Superior Risk Adjusted Returns Brand New Product Experience Sponsors Summary of the Opportunity RX Capital Markets has been retained to source construction financing for a 165 unit Independent Living. Assisted Living, Memory Care facility near Tampa, FL. We are also seeking LP equity for this project. […]
News Release: Heitman Acquires Premier Multistate, 1.4 million SF PHT Medical Office Portfolio
Chicago, February 16, 2018 – Heitman LLC, a global real estate investment management firm, today announced the acquisition of a 1.4 million square foot medical office portfolio comprised of 17 buildings in seven states on behalf of an affiliate of Heitman. Denver-based NexCore Group advised Heitman during the acquisition and will provide operating and property […]
News Release: Welltower to Change NYSE Ticker Symbol to “WELL”
Welltower Inc. (NYSE: HCN) today announced the change of the ticker symbol for its common and preferred stock listed on the New York Stock Exchange from “HCN” to “WELL,” effective with the opening of trading on February 28, 2018. “Welltower owns, manages and has developed the largest network of premium residential senior care and outpatient medical real estate […]
News Release: ESI Arranges Sale of Assisted Living Facility in Washington for $7.0M
Evans Senior Investments (ESI) successfully represented the sale of Rosewood Villa, a 66 unit assisted living community in Bellingham, Washington for approximately $7,025,000 ($106,000 price per unit). Built in 1978, Rosewood Villa is located 87 miles north of Seattle. At the time of the sale the community averaged 93.9% occupancy over the prior twelve months […]
News Release: Healthcare Trust of America, Inc. Reports Fourth Quarter And Year Ended 2017 Earnings
Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the quarter and year ended December 31, 2017. Fourth Quarter 2017 Highlights Operating Net Income Attributable to Common Stockholders: Increased 156.9% to $42.5 million, compared to Q4 2016. Earnings per diluted share increased 81.8% to $0.20 per diluted share, compared to Q4 2016. Funds From Operations (“FFO”): As defined by the […]
News Release: ESI Arranges Sale of Illinois Seniors Housing Portfolio for $32.6M
Evans Senior Investments (ESI) successfully represented the sale of four assisted living and memory care facilities known as the Legacy Place Portfolio for approximately $32,632,000 ($163,000 price per unit). The portfolio consisted of four facilities encompassing 200 total seniors housing units (51 memory care units and 149 assisted living units). All four facilities were located […]
News Release: Seavest acquires medical office building on Littleton Adventist Hospital Campus
LITTLETON, Colo., and WHITE PLAINS, N.Y., Feb. 14, 2018 – Real estate investment firm Seavest Healthcare Properties LLC, in partnership with Denver-based Fleisher Smyth Brokaw LLC, has acquired the Lincoln Court Healthcare Building in Littleton. The fully leased medical office building (MOB) is located at 7889 S. Lincoln Court on the campus of the 231-bed acute care […]
Transactions: Wisconsin system buys 18 properties it was leasing
Welltower Inc. sells the portfolio for $433 million to Aurora Health Care Prior to the start of 2018, several members of the Editorial Advisory Board (EAB) of Healthcare Real Estate Insights predicted that the sector would see some transactions in which health systems would buy medical office buildings (MOBs) they are leasing from third-party owners. […]
News Release: Caddis acquires three medical office buildings and adds them to its fund
Company says the acquisitions of Brookhaven, Prairie View and Atascocita Medical Centers will help it capitalize on the high-demand MOB market DALLAS, Feb. 14, 2018 – Caddis™, a leading national healthcare real estate firm headquartered in Dallas, recently acquired three medical office buildings (MOBs) totaling over 120,000 square feet and added them to its first […]
News Release: Anchor Starts Off 2018 with Two New Acquisitions
ANCHOR HEALTH PROPERTIES BEGINS 2018 WITH TWO NEW STRATEGIC ACQUISITIONS Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management and investment company focused exclusively on medical facilities, has recently closed on two new strategic acquisitions in the New York City and Las Vegas metro markets. Building on the firm’s national expansion to […]
News Release: Capital One Closes $25 Million Loan for Nevada Medical Office Building
Capital One announced today that it provided a $25 million loan for the acquisition of The Parkway, a 128,000-square-foot, Class A medical office building in Summerlin, Nevada, a suburb of Las Vegas. The borrower is The Stable Development Companies, a Las Vegas-based real estate firm that has developed 550,000 square feet of medical and professional […]
News Release: Urban Atlanta Medical Center Changes Hands
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 Brookhaven Medical Center in Brookhaven, Georgia. “The center is fully occupied by Walgreens and Piedmont Healthcare,” says Korey Prefontaine, senior director in Marcus & Millichap’s Atlanta office. “Piedmont Healthcare, […]
News Release: HFF announces sale of skilled nursing facility in San Antonio, Texas
DALLAS, TX – February 13, 2018 – HFF announces the sale of Mesa Vista Inn Healthcare Center, a 144-bed, post-acute skilled nursing facility near San Antonio’s Medical Center district. The HFF team marketed the property on behalf of the seller, Kayne Anderson Real Estate, and procured the buyer, an affiliate of O&M Investments, LLC. Mesa […]
News Release: HCP Announces Results for the Fourth Quarter and Year Ended 2017
FOURTH QUARTER 2017 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS Net loss, FFO and FFO as adjusted applicable to common shares were $(0.13), $0.11 and $0.48 per share, respectively – Commenced Phase I of Sierra Point, our next major life science development in South San Francisco – Entered into a $115 million participating development financing agreement for a high-rise senior living development in downtown Seattle – […]
