News Release: Mark Furlan Press Release for HREI
Pappas Properties LLC Hires Former DASCO Executive August 31, 2018- Charlotte, N.C. – Pappas Properties, LLC announces the recent addition of seasoned healthcare developer Mark J. Furlan to the team. Mark will lead the Healthcare Development division of the group and be based in Pappas’s headquarters located in Charlotte, N.C. According to Peter Pappas, Managing […]
News Release: Skilled Nursing Occupancy Hits Record Low
Skilled Nursing Occupancy Dips to 81.7 Percent, a new Record Low Occupancy decline attributed to major policy and business trends including competition and pressure from Medicare Advantage Annapolis, Md. (September 12, 2018)—Occupancy rates at skilled nursing facilities across the United States continue to fall in urban and rural areas, hitting a new record low of […]
News Release: Bull Realty Brokers $7.3 Million Medical Office Building in Atlanta MSA
ATLANTA (September 11, 2018) — The Healthcare Real Estate Services Group at Bull Realty brokered the sale of a Piedmont Healthcare Medical Center, an approximately 15,000 SF medical office building located in Loganville, GA. The sale closed on September 4, 2018 for $7,347,000. Paul Zeman with Bull Realty was the only broker involved in the […]
News Release: Meridian Sells 12,754 SF Dialysis Outpatient Clinic for $15.7 Million
Meridian is pleased to announce that it has sold 4242 Broadway, a 12,754 square foot dialysis outpatient clinic located in Oakland, CA. The clinic received the 2017 National Healthcare Real Estate Insights award for Best New Outpatient Facility under 25,000 square feet. Cushman and Wakefield’s Chris Sheldon represented Meridian in this transaction and Jeff Gates […]
News Release: Bear Real Estate Advisors Represents Capital Square 1031 in Acquisition of Class A Memory Care Facility Near Houston
NEWS PROVIDED BY Bear Real Estate Advisors Sep 10, 2018, 17:47 ET HOUSTON, Sept. 10, 2018 /PRNewswire/ — Bear Real Estate Advisors announced today that the real estate investment services firm represented Capital Square 1031 in its acquisition of a 10,000-square-foot, Class A memory care facility in the Houston suburb of Spring, Texas. Located at the intersection of Spring Cypress Road and […]
News Release: Quick Closing For The Books: Sun’s Investment Services Group Sells New Construction Medical Building in Tucson
Say “Ahh” — JUST CLOSED — 2 TENANT MEDICAL/RETAIL INVESTMENT 1040 Harrison Road, Tucson, AZ 85710 ±7,200 SF Medical/Retail Center | $3,000,000 | Buyer represented by Investment Services Group The Investment Services Group at Sun Commercial Real Estate Inc. is pleased to announce the closing of 1040 S. Harrison Rd. a two-tenant medical/retail investment property […]
News Release: Capital Square 1031 Acquires Newly Constructed Class A Memory Care Facility Near Houston
NEWS PROVIDED BY Capital Square 1031 14:19 ET HOUSTON, Sept. 10, 2018 /PRNewswire/ — Capital Square 1031, a leading real estate investment and management firm specializing in Delaware statutory trust offerings, announced today its acquisition of a newly-constructed, 10,000-square-foot memory care facility located in the Houston suburb of Spring, Texas. The Class A facility has 16 beds and was completed in June 2018. The property […]
News Release: ‘Breaking More Ground’ Celebration Set for Sept. 20
Minot, ND — With building activity well underway at the site of its new healthcare facility, Trinity Health is holding a “Breaking More Ground” event September 20th to celebrate construction of its new regional healthcare campus and medical district. The community is welcome to attend the event from 4 to 6 p.m. at the construction site […]
News Release: Montecito Acquires Pennsylvania Medical Office Portfolio
“We believe that this transaction reflects a recognition by Lancaster Neuroscience and Spine Associates of the advantages that our company can bring to its organization and to practicing physicians” Montecito Medical Real Estate, the nation’s top privately held acquirer of medical office real estate in the U.S., has acquired the medical office portfolio owned by Lancaster […]
News Release: H2C Perspectives
The Evolution of Healthcare Transformation: From Scale to Integration – September 6, 2018 What happens when economies of scale are not enough? We believe it likely the era of consolidation among hospitals will begin to slow as markets mature and attention shifts to the next stage of health care’s evolution. Familiar to nearly every healthcare provider […]
News Release: Meridian Sells Dialysis Clinic in Oakland, Calif. for $15.7 Million
Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the sale of its 12,754-square-foot dialysis clinic in Oakland, California. The purchase price was $15.7 million, representing a price of $1,230+-per-square-foot or a cap rate of 5.1 percent. This is Meridian’s fifth transaction […]
Thought Leaders: Avison Young Report: U.S. Medical Office Sales Reach $4.43 Billion at Mid-Year
U.S. Medical Office Sales Reach $4.43 Billion at Mid-Year Sept. 6, 2018 — (Chicago) — Investors in the U.S. continue to turn to medical office buildings in search of stability and strong returns — spending $4.43 billion during the first half of 2018, according to a Mid-Year Medical Office Report from Avison Young’s Chicago office. There were […]
News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $17.1 Million Credit Facility
BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $17.1 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: CBRE GROUP, INC. ENHANCES HEALTHCARE CAPABILITIES WITH ACQUISITION OF NOVEEN CONSULTING
CBRE Group, Inc. (NYSE: CBRE) today announced that it has acquired Noveen Consulting, a consulting firm focused on helping healthcare facility owners improve the economics of owning and operating healthcare facilities. Noveen, based in Louisville, Kentucky, serves healthcare systems throughout the U.S. Noveen’s service offerings include facility condition assessments, commissioning, energy management, facility optimization and […]
Thought Leaders: Demand For Medical Office Space Through 2019 Likely To Exceed Supply In Some U.S. Markets
Demand For Medical Office Space Through 2019 Likely To Exceed Supply In Some U.S. Markets Rise in Creative Use of Nontraditional Properties Expected to Fulfill Future Needs (SEPT. 4, 2018 – Houston) – In a new study on the healthcare real estate sector, Transwestern today reveals that swelling demand for healthcare services may push forecasted […]
