News Release: Steve Barry Appointed President of Rendina Healthcare Real Estate
FOR IMMEDIATE RELEASE JUPITER, Fla., Aug. 29, 2018 – Rendina Healthcare Real Estate is pleased to announce that Steve Barry has been appointed President. During his 14 years with Rendina, Steve has worked in nearly all areas of healthcare real estate, including development, leasing, and property management – and was previously the Executive Vice President […]
Thought Leaders: National Medical Office Research Report
Shifts Toward Outpatient Care Encourage Off-Campus Medical Office Development; Investors Optimistic About Market Outlook Industry consolidation prompts medical offi ce development. Mergers among healthcare companies and providers has been a driving force behind changes in the industry and how physicians interact with patients. Emerging technologies and a shift in the care delivery model are spilling over into the development of medical […]
News Release: News from HRE Capital…
AW Property Co – $9,572,000 – Debt Raise for the Acquisition of a 57,815-Square Foot Medical Office Building Located in Hollywood Florida The undersigned served as Financial Advisor: Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the exclusive financial advisor to AW Property Co. (“AW”) related to securing debt financing for the acquisition […]
News Release: Ankura Completes Acquisition of Navigant’s Healthcare Real Estate & Facilities Practice
Establishes a Unique Global Business Advisory Firm Providing Customized Expertise Across Issues, Industries, and Disciplines WASHINGTON D.C. – August 27, 2018 – Ankura, a leading business advisory and expert services firm that leverages integrated risk management, governance, compliance, investigations, forensics, technology, turnaround and restructuring, and management consulting capabilities, today announced the completion of its acquisition […]
News Release: City of Hope | South Bay opens today in the new $80 million Providence Advanced Care Center in Torrance
August 27, 2018 One of the nation’s premier cancer centers now offers multidisciplinary cancer care in the region TORRANCE, Calif. — City of Hope | South Bay officially opens its doors today in Torrance, bringing top-ranked cancer care to the region. For the first time, South Bay residents will have access to both the facility’s leading-edge, […]
News Release: With Strong Second Quarter, Capital One Again Heads List of Lead Arrangers for Number of Leveraged Loans Closed in Healthcare Industry
FOR IMMEDIATE RELEASE Bethesda, Md. (August 27, 2018) – Capital One Healthcare’s Corporate Finance group resumed its position as the No. 1 lead arranger of healthcare leveraged loans by deal count in every category up to $1 billion, according to league tables produced with data from Thomson Reuters LPC. The corporate finance team closed 49 […]
August 2018
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News Release: La Porte (Ind.) Hospital Breaks Ground for New Hospital
La Porte, Ind. – La Porte Hospital and community officials turned over the first shovels of dirt where the new La Porte Hospital will be built over the next two years, during a community celebration with about 300 people in attendance. The momentous occasion marks the beginning of the first hospital to be built in […]
August 2018 PDF
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News Release: Doors Officially Open at Sutter Health’s CPMC Mission Bernal Campus
Teams will care for the community inside this hospital that features latest technologies, advanced seismic safety and world-class healthcare SAN FRANCISCO—The not-for-profit Sutter Health network will officially open the doors to its California Pacific Medical Center (CPMC) Mission Bernal campus hospital Saturday, Aug. 25. This neighborhood-based medical center for all San Franciscans is located at […]
Transactions: Harrison Street lands Chicago deal
On the heels of Colliers deal, private investor pays $240 million for eight MOBs By John B. Mugford It looks as if it’s business as usual for private equity investor Harrison Street Real Estate Capital – just as industry sources had predicted – in the aftermath of the Chicago-based firm’s sale of a 75 percent […]
Transactions: Griffin-American REIT IV acquires large, fully occupied MOB in growing Grand Junction, Colo.
GRAND JUNCTION, Colo. – In the fast-growing city of Grand Junction, Irvine, Calif.-based Griffin-American Healthcare REIT IV (G-A REIT IV), a non-traded real estate investment trust (REIT), recently acquired an 83,000 square foot MOB for $31.5 million, or $380 PSF.
Transactions: In acquiring an MOB in Oxford, Mich., Cornerstone Companies closes its second fund
OXFORD, Mich. – Indianapolis-based Cornerstone Companies Inc. recently added the final property to its Cornerstone MOB Fund II, acquiring the 19,123 square foot Crittenton Medical Plaza in Oxford, about 40 miles north of Detroit.
Transactions: Q2 MOB sales topped $3 billion
It was only one of six quarters to exceed that level since records have been kept By John B. Mugford Demand for medical office buildings (MOBs) is not showing any signs of slowing down, as professionals involved in the sector report that investors – especially private equity firms and funds – continue to raise capital […]
Transactions: Fully occupied Northside MOB II in Pell City, Ala., trades hands for $15.8 million
PELL CITY, Ala. – A 50,469 square foot MOB in Pell City recently traded for $15.8 million, or $313 PSF, according to Denver-based Fairfield Advisors, which represented the seller.
