News Release: NexCore Group adds Kirstin Barbour to Its Marketing & Public Relations Team
National healthcare real estate developer hires marketing communications professional as Director of Marketing to manage strategy and support of nationwide business development efforts NexCore Group, a national healthcare real estate developer, announced today that Kirstin Barbour has joined the firm as Director of Marketing. NexCore Group Managing Principal Todd Varney says Ms. Barbour’s experience is […]
News release: HealthAlliance Receives Key State Approval for $92 Million Hospital Transformation
Thursday, March 8, 2018 State Department of Health Approves Certificate of Need; Healthy Neighborhood Initiative Moving Forward KINGSTON, N.Y. — HealthAlliance of the Hudson Valley, a member of the Westchester Medical Center Health Network (WMCHealth), has received contingency approval from the New York State Department of Health for a transformative $92 million expansion and enhancement […]
News Release: Cushman & Wakefield Announces Sale of Katy Medical Arts Building
Gino Lollio and Scott Niedergang of Cushman & Wakefield’s Healthcare Capital Markets team have facilitated the sale of the Katy Medical Arts Center near Houston. The 61,082-square-foot medical office building is fully occupied by a range of healthcare tenants that provide primary care, ophthalmology, cardiology, podiatry, lab, endovascular surgery, mammography, hand and general surgery, nephrology, […]
News Release: Griffin-American Healthcare REIT IV Acquires Two-Property Central Wisconsin Senior Care Portfolio for $22.6M
American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today the REIT has completed the acquisition of the 254-bed, two-property Central Wisconsin Senior Care Portfolio for approximately $22.6 million. The portfolio’s properties are located in the Madison suburbs of Waunakee and Sun Prairie, Wisconsin. Central Wisconsin Senior […]
Outpatient Projects: Five developers vying for $200 million, 250,000 square foot Penn Medicine project at former Wyeth Labs site
RADNOR TOWNSHIP, Pa. — The University of Pennsylvania Health System (Penn Medicine) recently received preliminary land development approval from Radnor Township officials for the development of a new $200 million, 250,000 square foot medical facility and 1,000-vehicle garage along Interstate 476 in this Philadelphia suburb. The property, at 145 King of Prussia Road, is on […]
News Release: Chicago RE Firm Acquires Excel Centre in San Diego for $37.1 Million
Premier Medical/Office Property Anchored by Kaiser Permanente SAN DIEGO, Calif. – March 6, 2018 – Excel Centre, a premier 83,213-square-foot (sf) medical office building in San Diego, California anchored by Kaiser Permanente has recently sold to Chicago-based MBRE Healthcare for $37.1 million. The property is located at 17140 Bernardo Center Dr. in Rancho Bernardo, an upscale master-planned community along […]
News Release: Blessing seeks permission to build medical office building
Blessing Hospital has filed a Certificate of Need with the State of Illinois, seeking permission to build a medical office building on the southeast corner of 48th and Maine in Quincy. The two story structure would be 80,000 square feet on seven acres of land. It would include provider offices, physical therapy, select radiology and […]
News Release: NexCore Group’s Kyle Robbins earns Design-Build Professional™ certification from DBIA
Mr. Robbins, the firm’s Senior Vice President Design & Construction, has earned the Design-Build Institute of America’s highest designation as a nationally certified Design-Build Professional™ DENVER, Mar. 6, 2018 – NexCore Group, a national healthcare real estate (HRE) developer, announced today that Kyle Robbins, the firm’s Senior Vice President Design & Construction, has successfully completed […]
Offers Requested : 100% Leased by NorthBay Healthcare : 18+ Years Remaining
Offers Requested By Tuesday, March 20th 2018 – 5:00 Pm PST The Offering CBRE’s U.S. Healthcare Capital Markets Group is pleased to exclusively offer the opportunity to acquire the NorthBay VacaValley Medical Center (the “Property”). The Property is a 3-story medical office building and wellness center that totals 110,260-rentable square feet and is 100% leased […]
Investment Opportunity | ±32,239 SF Medical Office Building | Redding, CA
Property Highlights This property is located on the west side of Redding. The two upper floors, containing the majority of suites, have been developed with large windows to maximize views of the surrounding mountains. Interior improvements have been made to cater to medical / dental uses, including substantial plumbing, electrical and cabinetry. Multistory building Highly […]
News Release: HFF advises Columbia Pacific Advisors on the $114.69M financing for Seattle seniors housing development
Holliday Fenoglio Fowler, L.P. (HFF) advised Columbia Pacific Advisors on the $114.69 million financing for the development of 620 Terry, a luxury, high-rise seniors housing property in Seattle, Washington’s First Hill neighborhood. The participating development loan was provided by HCP, Inc. 620 Terry will total 243 Class A residential units comprising 194 independent living units, […]
News Release: HCP and Atria Senior Living Announce Agreement to Transition Management of 24 Senior Housing Communities to Atria
HCP (NYSE: HCP) and Atria Senior Living (“Atria”) announced today they have reached agreements to transition management on a portfolio of 24 HCP-owned senior housing communities from Brookdale Senior Living to Atria. “We are pleased to meaningfully grow our relationship with Atria,” said Tom Herzog, HCP President and Chief Executive Officer. “Atria has a proven track […]
News Release: CareTrust REIT Acquires Michigan Portfolio
CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired a 464-bed, five-property skilled nursing portfolio clustered around the Grand Rapids, Michigan area. The transaction was structured as a sale-leaseback with the portfolio’s long-time owner-operator, Metron Integrated Health Systems, based in Grand Rapids. The sale-leaseback represented an opportunity for Metron to strategically recapitalize the company and lay […]
News Release: CareTrust REIT Acquires Michigan Portfolio
CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired a 464-bed, five-property skilled nursing portfolio clustered around the Grand Rapids, Michigan area. The transaction was structured as a sale-leaseback with the portfolio’s long-time owner-operator, Metron Integrated Health Systems, based in Grand Rapids. The sale-leaseback represented an opportunity for Metron to strategically recapitalize the company and lay […]
Hillcroft Medical Clinic | Sugar Land, TX – Offers Due: March 7, 2018
Offers Due: Wednesday, March 7, 2018 BGL Real Estate Partners has been retained by ownership to offer qualified investors the exceptional opportunity to acquire the Hillcroft Medical Clinic (the “Property” or “Building”). The Property, totaling approximately 40,531 rentable square feet, is located in Sugar Land, […]
