Cover Story: Third-party capital has its uses
Panel at 2018 BOMA MOB conference discusses what the ‘new era’ of partners can provide By John B. Mugford Let’s all face it, a majority of the country’s health systems are not going to be selling, or monetizing, all of their medical office buildings (MOBs) to third-party investors anytime soon. Yet, during an era when […]
News Release: New Sports Medicine Facility Opens in Tipton, Indiana
Cornerstone Companies and Methodist Sports Medicine announce the completion of a new medical office building on the IU Tipton Hospital campus. The facility was completed on March 23 of this year and currently houses primary care, sports medicine, rehabilitation, dental and orthodontic offices, with timeshare space for specialty providers. The building is a new, two-story […]
News Releases: Announcement – $15,800,000 Medical Office Sale in Pell City, AL. – Fairfield Advisors
Fairfield Advisors announces sale of Northside Medical Office II in Pell City, AL. – $15,800,000 Transaction – (Denver, CO. and Birmingham, AL. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Northside Medical Office Building II located at 74 Plaza Drive in Pell City, AL. The […]
News Release: Kaiser Permanente Opens New State-of-the-Art Medical Office Building in Southwest Santa Rosa
Press Release ‘Next generation’ facility enhances access, quality of patient care May 21, 2018 SANTA ROSA, Calif. — Kaiser Permanente opened a new state-of-the-art medical office building today in Southwest Santa Rosa. The three-story Kaiser Permanente Mercury Way Medical Office Building, located at 2240 Mercury Way, offers a wide range of primary care services, including adult family […]
Thought Leaders: Despite Significant Changes, Healthcare Market Making Big Strides
2017 KEY TAKEAWAYS • Surprisingly, indecision in healthcare legislation has not hindered reform and progress. The majority of hospitals and health systems have already made great strides in healthcare reform through private sector partnerships, rapid strategic consolidations and cost reduction strategies. Healthcare M&A activity peaked in 2017 transactions and announcements for 2018. • While healthcare […]
News Release: Montecito Medical Acquires North Carolina Medical Office Building
Montecito Medical Real Estate, recently announced the acquisition of North Carolina Eye, Ear, Nose, & Throat medical office building, a long-established and leading provider in Durham, North Carolina. For Montecito, a premier owner of medical office properties across the United States, this transaction represents the seventh acquisition of 2018. The two-story, 34,106 square-foot building is 100 […]
News Release: New construction method for Quakertown hospital
IMC Construction, a nationally-recognized, full-service construction company, broke ground in March 2018 on a new $42 million hospital in Quakertown for St. Luke’s University Health Network. The builder is using a fairly new process on the 131,000-square-foot project that will save time and construction costs. “We are prefabricating the exterior walls through panelization and interior […]
News Release: PR: Flagship Healthcare Properties Appoints Director of Investor Relations
Flagship Healthcare Properties, LLC is pleased to announce that Ryan Judson has joined the firm as Vice President and Director of Investor Relations. Ryan joins Flagship in conjunction with the launch of its private REIT, Flagship Healthcare Trust. In this newly created role, Ryan will lead the company’s efforts to grow and expand its network […]
News Release: Griffin-American Healthcare REIT III Reports First Quarter 2018 Results
Griffin-American Healthcare REIT III, Inc. today announced operating results for the company’s first quarter ended March 31, 2018. “Since acquiring our first property in June 2014, Griffin-American Healthcare REIT III has built an international portfolio comprised of 208 healthcare properties and real estate-related investments valued at approximately $3.0 billion,1” said Jeff Hanson, chairman and chief […]
News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $12 Million Credit Facility
BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $12 Million Credit Facility for a Joint Venture advised by Heitman and managed by Montecito Medical Operating Company. BMO Harris Bank’s Healthcare Real Estate Finance group announced that it acted as the administrative agent and sole lead arranger on a […]
News Release: Investment Property Activity
Just sold: EASTVIEW PROFESSIONAL BUILDING, 1370 116th Ave NE, Bellevue, WA 98004 Canyon Park Office Center is a 42,590 SF 3-story steel-framed office building where the first floor is dedicated to covered parking. The Property, featuring a brick-clad exterior, was built in 1990, and is currently 77.6% leased to 13 tenants ranging in size from 1,129 SF […]
News Release: HarborChase of Wildwood Hosts Grand Opening Celebration
“HarborChase Open” to Celebrate History’s Most Prestigious Golf Courses HarborChase of Wildwood, a new assisted living and memory care community in Sumter County’s Wildwood area, is hosting “HarborChase Open: A Grand Opening Celebration” on Wednesday, May 23. In honor of the community’s grand opening, the event will be held from 4 p.m. to 7 p.m. […]
Cover Story: ‘Constellations’ are the key to success
Why interconnected networks are crucial for ambulatory strategy and healthcare real estate By John B. Mugford Ever since humans first looked to the night sky, they have found and used patterns, or constellations, among the stars to help them survive. “Individual stars are beautiful, and are bright, but are not really useful to us as […]
News Release: Norman Livingston shares insights into Pin Oak Portfolio deal with BOMA MOB Conference crowd
President of Norvin Healthcare Properties explains that successful healthcare real estate investors need an eye for opportunity, a bold strategy and a trusting relationship with provider-tenants More than 1,300 healthcare executives and real estate professionals flocked to the BOMA Medical Office Buildings (MOBs) + Healthcare Real Estate Conference in Houston last week to learn from […]
News Release: Griffin-American Healthcare REIT IV Reports First Quarter 2018 Results
Griffin-American Healthcare REIT IV, Inc. today announced operating results for the company’s first quarter ended March 31, 2018. “Griffin-American Healthcare REIT IV enjoyed an excellent first quarter, with continued growth in our portfolio and across a number of important financial and performance metrics,” said Jeff Hanson, chairman and chief executive officer. “Additionally, the company recently […]
