Post-Acute & Senior Living: Non-traded REIT pays $92 million for 286-unit senior housing community in Portland, Ore
Portland, Ore. – Ladera Ranch, Calif.-based Strategic Student & Senior Housing Trust Inc. (SSSHT), a public, non-traded real estate investment trust (REIT), recently purchased the Courtyard at Mt.
Companies & People: Ackerman & Co. expands its healthcare platform, hiring Brett Buchwald and Larry Jarema
Atlanta – In continuing to grow its healthcare real estate services platform, Atlanta-based Ackerman & Co. recently hired Brett Buchwald to specialize in medical office investment sales and Larry Jarema to focus on landlord and tenant representation. Mr.
Inpatient Projects: Adventist Health to build new hospital adjacent to new development in northwest Bakersfield
Bakersfield, CA – The local Bakersfield Californian newspaper reported Sept. 11 that Adventist Health Bakersfield plans to build a new hospital off Coffee Road near Brimhall Road, next to the
Outpatient Projects: $101 million MOB in Lawrence, Kan., to be even larger after board approves extra cost
Lawrence, Kan. – A massive MOB planned for the far western side of Lawrence, home of the University of Kansas, is going to be even bigger and more expensive than originally planned. The Board of
Industry Pulse: Coming to an Mob Near You: Drones?
WakeMed and partners testing drone delivery of supplies Will the design of future medical office buildings (MOBs) need to include landing pads for drones? Maybe, if pilot programs like the one being tested in Raleigh, N.C., catch on. The North Carolina Department of Transportation (NCDOT) Division of Aviation has teamed up with WakeMed Health & […]
Post-Acute & Senior Living:HFF arranges financing for under-construction, 86-unit senior housing community in Denver
Denver – Holliday Fenoglio Fowler L.P. (HFF), part of Pittsburgh-based HFF Inc. (NYSE: HF), recently facilitated financing for the development of Solera at Cherry Creek, an under-construction
Companies & People: Raymond James’ team advises Glens Falls, N.Y., hospital on sale of renal operations
Glens falls NY – The Healthcare Finance Group of St. Petersburg, Fla.-based Raymond James Financial (NYSE: RJF) recently served as the strategic advisor to Glens Falls Hospital on the sale of its dialysis operations. The buyer was Nashville, Tenn.-based Dialysis
Industry Pulse: Mid-Year Reports Highlight MOB Sector
Investor demand remains high as development declines Late August and early September tend to be the time when national healthcare real estate (HRE) brokerage firms issue their midyear medical office building (MOB) reports. So, perhaps not surprisingly, a flurry of reports were issued in recent weeks by firms including Marcus & Millichap, Newmark Knight Frank […]
Outpatient Projects: Future 60,000 square foot MOB in Fargo, N.D., is attracting interest from potential tenants
Fargo, ND – Pre-leasing looks to be moving along rather nicely at a future 60,000 square foot MOB slated to open in early 2019 in a growing area of western Fargo. The future MEDPark Medical
Outpatient Projects: Deaconess Health plans new MOB in Evansville, Ind., a mile from its
Evansville, Ind. – Construction is expected to start in coming months on the future Deaconess Clinic Downtown, a three-story MOB planned for downtown Evansville for locally based Deaconess
Transactions: Capital One provides $57.6 million refinancing for surgical hospital and MOB in Houston
Houston – Bethesda, Md.-based Capital One Healthcare recently provided a $57.6 million adjustable-rate loan to refinance a two building healthcare portfolio in Houston. The adjacent properties –
Companies & People: HRE Capital acted as the advisor to AW Property Co. in securing debt for MOB purchase
Hollywood, FL – In more news from HRE Capital, the firm served as the financial advisor in a $9.57 million debt raise for the purchase when Palm Beach Gardens, Fla.-based AW Property Company
REIT Report: Flagship’s new REIT off and running
Flagship Healthcare Trust is a private REIT with 37 properties and 1.2 million sf. By John B. Mugford As Charlotte, N.C.-based Flagship Healthcare Properties continued to grow its portfolio of owned medical office buildings (MOBs) and healthcare facilities, its leaders decided in 2016 to “pause” and examine whether their ownership structure was the best one […]
Companies & People: HRE Capital facilitated a $285 million MOB portfolio sale in and around Greenville, S.C.
Palm Beach, FL – One of the largest MOB deals in recent months, as reported in the Healthcare Real Estate Insights™ weekly e newsletter Aug. 8, a partnership of HCP Inc. (NYSE: HCP) and
Post-Acute & Senior Living: Ventas Inc. to pay $194 million for independent senior living facility in heart of Manhattan
New York – Brentwood, Tenn.-based Brookdale Senior Living Inc. (NYSE: BKD) has agreed to sell a senior living community it owns in Manhattan to Chicago-based Ventas Inc. (NYSE: VTR) for $194