News Release: Coldwell Banker Commercial Westmac arranges $4.7 million sale of medical-office building in West Los Angeles, CA
LOS ANGELES, CA – 03/12/2018 Coldwell Banker Commercial WESTMAC has arranged the sale of 11669 Santa Monica Boulevard in West Los Angeles for $4,700,000. A private seller has sold the ± 7,658-square foot medical-office building for approximately $613 per square foot. Located near the corner of Santa Monica Boulevard and S. Barrington Avenue, the highly-visible […]
News Release: CHI Health Clinic Breaking Ground on New Council Bluffs Clinic
March 12, 2018 We’re Growing – With One-Stop Health Care New CHI Health Clinic Will be More Than Four Times the Current Size A new CHI Health Clinic at Valley View and Mall Drives in Council Bluffs is not only bigger, it will provide a rotating cast of specialists – all under one roof. In addition […]
News Release: Encompass Health announces plans to expand rehabilitative services to Katy, Texas
Mar 12, 2018 Inpatient rehabilitation hospital expected to begin providing care in fall 2019 BIRMINGHAM, Ala., March 12, 2018 /PRNewswire/ — Encompass Health Corporation (NYSE: EHC), formerly known as HealthSouth Corporation, today announced plans to build a 40-bed inpatient rehabilitation hospital in Katy, Texas. The 40-bed hospital will be located at The Reserve at Grand Parkway in Katy. It will […]
News Release: Avison Young Arranges Sale of Skilled Nursing Facility near Washington, DC
Mt. Vernon Nursing & Rehab Center in Virginia sells for more than asking price Avison Young announced today that it has arranged the sale of the Mt. Vernon Nursing & Rehab Center, a 45,654-square-foot skilled nursing facility in an affluent submarket of Washington, DC. A publicly traded REIT purchased the full-service rehabilitation center at 8111 Tis […]
News Release: Pipeline Healthcare Management LLC Enters Dallas Healthcare Market to Improve Access to Quality, Community-Based Medical Care
Baylor Scott & White Medical Center–White Rock becomes City Hospital at White Rock Pipeline Healthcare Management LLC, a successful community-based hospital management company, announced today that they have acquired Baylor Scott & White Medical Center—White Rock to bring a better healthcare experience to East Dallas. The hospital will be renamed City Hospital at White Rock. […]
News Release: JUST SOLD: Summit at Venice
Just Sold in Venice, Florida: Krone Weidler is pleased to announce the successful sale of Summit at Venice. This 40,440 square-foot assisted living facility is located in the historic section of Venice, Florida, and considered one of the premier communities in the area. Krone had the exclusive listing to market the property on behalf of […]
News Release: News from HRE Capital
$23 Million Capitalization of the Acquisition of a 218-Bed Acute Care Hospital and Structured Parking Facility Located in Dallas, Texas Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) served as financial advisor to Pipeline Health (“Pipeline” or “Operator”) related to the acquisition of the City Hospital at White Rock, formerly the Baylor Scott & White […]
News Release: NexCore Group adds Kirstin Barbour to Its Marketing & Public Relations Team
National healthcare real estate developer hires marketing communications professional as Director of Marketing to manage strategy and support of nationwide business development efforts NexCore Group, a national healthcare real estate developer, announced today that Kirstin Barbour has joined the firm as Director of Marketing. NexCore Group Managing Principal Todd Varney says Ms. Barbour’s experience is […]
News release: HealthAlliance Receives Key State Approval for $92 Million Hospital Transformation
Thursday, March 8, 2018 State Department of Health Approves Certificate of Need; Healthy Neighborhood Initiative Moving Forward KINGSTON, N.Y. — HealthAlliance of the Hudson Valley, a member of the Westchester Medical Center Health Network (WMCHealth), has received contingency approval from the New York State Department of Health for a transformative $92 million expansion and enhancement […]
News Release: Cushman & Wakefield Announces Sale of Katy Medical Arts Building
Gino Lollio and Scott Niedergang of Cushman & Wakefield’s Healthcare Capital Markets team have facilitated the sale of the Katy Medical Arts Center near Houston. The 61,082-square-foot medical office building is fully occupied by a range of healthcare tenants that provide primary care, ophthalmology, cardiology, podiatry, lab, endovascular surgery, mammography, hand and general surgery, nephrology, […]
News Release: Griffin-American Healthcare REIT IV Acquires Two-Property Central Wisconsin Senior Care Portfolio for $22.6M
American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today the REIT has completed the acquisition of the 254-bed, two-property Central Wisconsin Senior Care Portfolio for approximately $22.6 million. The portfolio’s properties are located in the Madison suburbs of Waunakee and Sun Prairie, Wisconsin. Central Wisconsin Senior […]
Outpatient Projects: Five developers vying for $200 million, 250,000 square foot Penn Medicine project at former Wyeth Labs site
RADNOR TOWNSHIP, Pa. — The University of Pennsylvania Health System (Penn Medicine) recently received preliminary land development approval from Radnor Township officials for the development of a new $200 million, 250,000 square foot medical facility and 1,000-vehicle garage along Interstate 476 in this Philadelphia suburb. The property, at 145 King of Prussia Road, is on […]
News Release: Chicago RE Firm Acquires Excel Centre in San Diego for $37.1 Million
Premier Medical/Office Property Anchored by Kaiser Permanente SAN DIEGO, Calif. – March 6, 2018 – Excel Centre, a premier 83,213-square-foot (sf) medical office building in San Diego, California anchored by Kaiser Permanente has recently sold to Chicago-based MBRE Healthcare for $37.1 million. The property is located at 17140 Bernardo Center Dr. in Rancho Bernardo, an upscale master-planned community along […]
News Release: Blessing seeks permission to build medical office building
Blessing Hospital has filed a Certificate of Need with the State of Illinois, seeking permission to build a medical office building on the southeast corner of 48th and Maine in Quincy. The two story structure would be 80,000 square feet on seven acres of land. It would include provider offices, physical therapy, select radiology and […]
News Release: NexCore Group’s Kyle Robbins earns Design-Build Professional™ certification from DBIA
Mr. Robbins, the firm’s Senior Vice President Design & Construction, has earned the Design-Build Institute of America’s highest designation as a nationally certified Design-Build Professional™ DENVER, Mar. 6, 2018 – NexCore Group, a national healthcare real estate (HRE) developer, announced today that Kyle Robbins, the firm’s Senior Vice President Design & Construction, has successfully completed […]
