News Release: Bay Medical Sacred Heart is now part of Ascension’s Sacred Heart Health System
Ardent Health Services and Ascension’s Sacred Heart Health System have completed the sale of Ardent’s interest in Bay Medical Sacred Heart to Ascension. The transaction includes the hospital and related physician clinic operations in Panama City and Bay County, Florida. Sacred Heart has announced plans to launch a $47 million project to rebuild facilities and […]
News Release: JLL to Accelerate Growth in Capital Markets Business Through Acquisition of HFF
HFF capabilities will significantly bolster JLL’s full-service Capital Markets business Combination will create an industry-leading Capital Markets platform NEWS PROVIDED BY JLL-IR Mar 19, 2019, 08:00 ET CHICAGO and DALLAS, March 19, 2019 /PRNewswire/ — Jones Lang LaSalle Incorporated (NYSE: JLL) and HFF, Inc. (NYSE: HF) today announced that they have entered into a definitive agreement under which JLL will acquire all the […]
News Release: CNL Healthcare Properties II Announces Agreement to Sell Medical Office Building, Estimated Net Asset Value Per Share
CNL Healthcare Properties II, a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties, announced today that it has reached an agreement with HCP Medical Office Buildings, LLC to sell its Mid-America Surgery Center property for $15.4 million. The sale is expected to close in the second quarter of 2019 pending […]
News Release: HFF arranges $40.84M financing for 2 single-tenant medical office buildings in Wisconsin and Oklahoma
SAN DIEGO, CA – March 18, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged financing totaling $40.84 million for two single-tenant medical office buildings: Aurora Health Center in Wauwatosa, Wisconsin, and Tulsa Spine and Specialty Hospital in Tulsa, Oklahoma. HFF worked on behalf of the borrowers, to secure 10-year, fixed-rate acquisition […]
News Release: MidCap Financial Closes First Mortgage Loan on a Medical Office Building in San Francisco, CA
PRESS RELEASE BETHESDA, MD, March 18, 2019 – MidCap Financial (“MidCap”), a leading commercial finance company focused on middle market transactions, today announced that it closed a transaction with Seavest Healthcare Properties LLC (“Seavest”), a real estate investment management firm focused on the medical office and outpatient facility sector. In June 2018, MidCap provided a […]
News Release: Amboy Bank Provides $51M Financing for Former NFL Player Turned Developer
Amboy Bank, a full-service commercial bank based in Old Bridge, New Jersey, and K Johnson Enterprises, LLC (“K Johnson”), a real estate and business development company founded and led by former NFL player Kevin Johnson, today announced that they have closed on a sequence of construction loans for K Johnson Enterprises, LLC, supplying financing of approximately $51 […]
News Release: Realty Trust Group Announces New Brand Identity with Redesigned Logo and Website
Realty Trust Group Announces New Brand Identity with Redesigned Logo and Website Realty Trust Group (RTG), a leading national healthcare real estate firm, announced today the launch of its new corporate brand identity, redesigned logo, new tagline, and website to showcase their expertise as a leading healthcare real estate resource for hospitals, health systems, and […]
News Release: AdventHealth brings only inpatient hospital to Winter Garden
Leaders and community members came together today to break ground on a 100-bed inpatient pavilion at AdventHealth Winter Garden — the only inpatient facility to serve the fast-growing community. The seven-story, approximately 300,000-square-foot building will complement the existing 24-bed emergency room and medical office building on the site at 2000 Fowler Grove Blvd. “West Orange […]
News Release: PMB joins forces with Dignity Health once again to develop MOB in suburban Phoenix
San Diego-based healthcare real estate firm is developing the 80,000 square foot Mercy Gilbert Medical Plaza II on the Dignity Health Mercy Gilbert Medical Center campus in Gilbert, Ariz. GILBERT, Ariz., March 13, 2019 – PMB, one of the nation’s leading real estate owners and developers across the continuum of care, is in the midst […]
News Release: NexCore Group hires healthcare executive Ian Wong as Executive Vice President, Operations
Mr. Wong will oversee the growing healthcare real estate developer’s operational teams as the firm continues to meet robust growth targets and strategic objectives DENVER, March 13, 2019 – National healthcare real estate developer NexCore Group announced today that Ian Wong has joined its firm as Executive Vice President, Operations. Mr. Wong joins the growing […]
News Release: Davis forms strategic partnership with new healthcare-focused Synergy Architecture
National healthcare real estate firm aligns with experienced healthcare architectural team to enhance customer service and increase responsiveness MINNEAPOLIS, March 13, 2019 – Davis announced today a partnership with the newly created Synergy Architecture Studio LLC, an architectural services firm specifically focused on the healthcare industry. Patrick Giordana, AIA, formerly with bdh + young, is […]
News Release: HFF Exclusive — HFF announces $11.468M sale of medical office building on Long Island
Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $11.468 million sale of the sale of a 16,920-square-foot outpatient imaging facility that is triple net master leased to the New York University School of Medicine in the Long Island community of Garden City, New York. The HFF team marketed the property on behalf […]
Outpatient Projects: An MOB project that was worth the risk
Seavest did its homework and is now leasing its converted MOB in San Francisco SAN FRANCISCO – Embarking on any type of commercial real estate (CRE) project in San Francisco can be a difficult task fraught with risk, be it for a new ground-up development or the repurposing of an existing building to a new […]
News Release: Highmark and Geisinger complete joint venture for new health care organization
New organization expands access to affordable, high-value care in Clinton, Lycoming, Sullivan and Tioga counties Geisinger and Highmark Health today announced the completion and details of a previously-announced clinical joint venture. The organizations signed of a letter of intent to explore the joint venture in May 2017, and in the time since have been working […]
News Release: Stream Realty Partners launches healthcare division in San Antonio
Stream Realty Partners (Stream), a full-service national real estate investment, development, and services company, announces the addition of a new healthcare real estate division to its San Antonio office with the hiring of Lee McKenna, Senior Associate and Julie Kleberg, Associate. “Lee’s intimate understanding of the healthcare industry and deep local relationships combined with Julie’s medical real estate experience in […]
