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News Release: Brian Cich Named Chief Operating Officer of Rendina Healthcare Real Estate

News Release: Brian Cich Named Chief Operating Officer of Rendina Healthcare Real Estate

 Jupiter, Fla., Aug. 16, 2018 – Rendina Healthcare Real Estate is pleased to announce that Brian Cich has been appointed Chief Operating Officer. As COO, Brian oversees all operations and development projects nationwide, in addition to helping create and manage Rendina’s strategic initiatives and partnerships. In his new role, Brian will utilize his significant experience with […]

News Release: UF Health breaks ground on first health care facility in Wildlight

News Release: UF Health breaks ground on first health care facility in Wildlight

UF Health broke ground today on a comprehensive medical office building in Wildlight, a new town under development in Nassau County. This is the first step in a strategic health alliance between UF Health, the University of Florida and Raydient Places + Properties that will bring a new style of healthy living to the region. […]

News Release: Skanska USA Celebrates Topping Out Milestone for New Center for Women and Children’s Health at Christiana Care Health System

News Release: Skanska USA Celebrates Topping Out Milestone for New Center for Women and Children’s Health at Christiana Care Health System

Newark, Delaware – Skanska USA celebrated the topping out of the new Center for Women and Children’s Health building at Christiana Care Health System in Newark, Delaware with a ceremony on August 15. The event included remarks by: Janice E. Nevin, M.D., MPH, Christiana Care president and CEO Sharon Kurfuerst, Ed.D., OTR/L, FACHE, FAOTA, FABC, […]

News Release: New Gallatin Street bed tower approved

News Release: New Gallatin Street bed tower approved

Huntsville Hospital’s plan for a new multi-story bed tower to meet growing patient demand has been approved by the Alabama Certificate of Need Review Board. The $150 million West Bed Tower project should begin rising along Gallatin Street in early 2019. Construction is expected to take about two years. The new tower will have 72 […]

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News Release: MedProperties expands healthcare real estate presence in strong Austin, Texas, market

With recent acquisitions in Lakeway, Round Rock and Dripping Springs, the firm’s local portfolio now includes four medical office buildings totaling more than 120,000 square feet AUSTIN and DALLAS, Texas, Aug. 15, 2018 – MedProperties Realty Advisors LLC has strengthened its commitment to the strong, growing Austin market and expanded its presence in the area […]

News Release: Ridgeline Capital Partners Acquires Medical Office Building in Allen, TX

News Release: Ridgeline Capital Partners Acquires Medical Office Building in Allen, TX

Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”), a privately-held commercial real estate investment company, recently completed the acquisition of the single-story, 21,500 square foot Allen Medical Pavilion in Allen, TX. The property is in Allen’s medical district adjacent to the Texas Health Resources Presbyterian hospital campus.  Built in 2007, the building is 100% occupied by […]

News Release: Griffin-American Healthcare REIT IV Reports Second Quarter 2018 Results

IRVINE, Calif. (Aug. 14, 2018) – Griffin-American Healthcare REIT IV, Inc. today announced operating results for the company’s second quarter ended June 30, 2018. “Griffin-American Healthcare REIT IV built on its exceptional first quarter results with an excellent second quarter of 2018, during which we recorded strong performance throughout our portfolio, which continues to grow […]

News Release: Inland Private Capital Sells Four Medical Office Properties

News Release: Inland Private Capital Sells Four Medical Office Properties

Inland Private Capital Corporation Completes Sale of Medical Office Properties in Illinois and Massachusetts Oak Brook, Ill. (August 14, 2018) – Inland Private Capital Corporation (“IPC”) today announced the sale of four freestanding medical office properties located in Illinois and Massachusetts for a gross sale price of $45.7 million. IPC, through its subsidiary which serves […]

News Release: CBRE Announces Sale of Phoenixville Medical Office Building I for $8.1 Million

News Release: CBRE Announces Sale of Phoenixville Medical Office Building I for $8.1 Million

CBRE announced that it has arranged for the sale of Phoenixville Medical Office Building I—a 62,175 square-foot facility located at 824 N. Main Street in Phoenixville, Pennsylvania. The three-story office building, which is situated on the Phoenixville Hospital Campus, was acquired by PMOB I, LLC, a Missouri limited liability company, for a sale price of […]

News Release: Avison Young awarded property management contract for 32d Street SurgiCenter in Phoenix

News Release: Avison Young awarded property management contract for 32d Street SurgiCenter in Phoenix

Avison Young to manage recently acquired 10,488-square-foot medical office building Phoenix, AZ – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has been awarded a property management contract for 32nd Street SurgiCenter, a fully occupied, 10,488-square-foot (sf) medical office building in Phoenix. Senior Property Manager Anne Pappas who is based […]

News Release: Matt Bremner joins Bremner Real Estate in Indianapolis

News Release: Matt Bremner joins Bremner Real Estate in Indianapolis

Welcome Matt Bremner to Bremner Real Estate SVP, Operations Matt’s role at Bremner, which dedicates itself to working with healthcare systems and other clients in strategic real estate, will focus on the company’s ongoing operational, financial, and legal needs. A graduate of Vanderbilt University, Matt also has his MBA from the Krannert School of Management at […]

News Release: Flagship Healthcare Trust Acquires Wilmington, North Carolina Medical Office Building

News Release: Flagship Healthcare Trust Acquires Wilmington, North Carolina Medical Office Building

For Immediate Release WILMINGTON, NORTH CAROLINA – August 13, 2018 –  Flagship Healthcare Properties (“Flagship”), manager of private REIT Flagship Healthcare Trust, Inc. (“Flagship REIT”), announced today that the REIT has acquired a Class A medical office building in Wilmington, North Carolina. Located at 2800 Ashton Drive, the two story, 21,417 square foot medical office building […]

News Release: Birmingham-Based Leading Healthcare Real Estate Company Announces $24 Million Acquisition in Tulsa, Oklahoma

News Release: Birmingham-Based Leading Healthcare Real Estate Company Announces $24 Million Acquisition in Tulsa, Oklahoma

The Sanders Trust Acquires $24.5 Million Tulsa, Oklahoma Rehabilitation Hospital Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announced a $24.5 million acquisition in Tulsa, Oklahoma in July 2018. Built in 2017, PAM (Post Acute Medical) Rehabilitation Hospital is a state-of-the-art, 40-bed inpatient rehabilitation hospital. With over […]

News Release: Strawberry Fields REIT Secures Increase on its Series B secured Debentures on Tel Aviv Stock Exchange

South Bend, Ind.— August 13, 2018—Strawberry Fields REIT LLC (Strawberry Fields), Headquartered in South Bend, Indiana, an owner and lessor of nursing homes, long-term acute care hospital facilities and medical office buildings in the Midwestern and Southern U.S., today announced it has successfully increased its Series B secured debentures on the Tel Aviv Stock Exchange […]

News Release: JUST SOLD – Medical Office Building Trades for $15.7 M ($390 PSF) in Chino Hills, CA

News Release: JUST SOLD – Medical Office Building Trades for $15.7 M ($390 PSF) in Chino Hills, CA

Chino Hills Crossroads Professional Center Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 3110 Chino Avenue located in Chino Hills, CA at a price of $15,700,000 ($390 PSF). The 40,279 SF medical office building was 95% leased at the time of sale. Gary Stache, Anthony DeLorenzo, Doug Mack, Sammy […]