News Release: Montecito Hires Digital Marketing Manager, Lauren Bellflower
FOR IMMEDIATE RELEASE October 25th, 2019 Nashville, Tenn. — Montecito Medical, the nation’s leading privately held acquirer of medical real estate, has expanded its growing team with the addition of Lauren Bellflower as the Digital Marketing Manager. Bellflower, who has a vast experience in all things digital, will oversee all aspects of the company’s web and social […]
News Release: Catalyst Healthcare Real Estate Announces Grand Opening of New Orthopaedic Medical Office for The Orthopaedic Institute in Summerfield, FL
October 24, 2019: Catalyst Healthcare Real Estate (“Catalyst HRE”), a national healthcare real estate developer, has announced the grand opening of a state-of-the-art orthopaedic medical office in Summerfield, FL. The newest location for The Orthopaedic Institute (“TOI”) will serve patients from The Villages, the nation’s fastest growing hometown. The approximate 19,000 square foot medical office […]
News Release: Hammes partners with Virginia Hospital Center on expansion
FOR IMMEDIATE RELEASE Hammes Company celebrates groundbreaking of Virginia Hospital Center expansion project Arlington, Va., and Milwaukee, Wis., October 23, 2019 – Hammes Company, the nation’s leading healthcare developer as ranked by Modern Healthcare’s Construction and Design Survey, celebrated the groundbreaking of the Virginia Hospital Center (VHC) expansion project on October 22. The expansion will […]
News Release: Advocate Aurora Health breaks ground on Mount Pleasant medical center
New hospital and clinics will expand care to growing region October 23, 2019 Milwaukee — Advocate Aurora Health broke ground Wednesday on a 96-acre campus in Mount Pleasant that will expand access to high quality care in Racine County and complement the primary and specialty physicians from the organization who are already providing care for area […]
News Release: Western PA Hand and Surgery Center receives $12.85M in financing
JLL places the construction/permanent loan with Tristate Capital Bank PITTSBURGH, October 23, 2019 – JLL announced today that it has secured a $12.85 million construction/permanent loan for the development of the Western Pennsylvania Surgery Center, Beaver County Branch LLC, a free-standing Ambulatory Surgical Center, Shoulder-to-Hand Orthopedic Center and medical office building totaling 47,432 square feet […]
News Release: NexCore celebrates grand opening of new outpatient campus for Summit Healthcare
FOR IMMEDIATE RELEASE High-performance outpatient center and outpatient surgery center provide integrated care for patients, with reduced costs and higher productivity for the client, in Show Low, Ariz. Top: A grand opening celebration was held recently for the new three-building, 173,243 square foot Summit Healthcare Outpatient Pavilion. Bottom: A ribbon cutting ceremony was held […]
News Release: PMB celebrates grand opening of Goodyear Medical Plaza, formerly a movie theater, in Goodyear, Ariz.
FOR IMMEDIATE RELEASE The leading national healthcare real estate developer converted the 1980s-era cinema to a new 50,000 square foot medical office building near the Abrazo West Campus community hospital PMB converted the former Dickinson Palm Valley 14 movie theater (bottom) at 1325 N. Litchfield Road in Goodyear, Ariz., into the 50,000 square foot Goodyear […]
News Release: Pisula Development Company welcomes healthcare real estate expert Debra Schooler
FOR IMMEDIATE RELEASE The industry veteran will bring expertise in processes to the HRE development and property management firm SCOTTSDALE, Ariz., and THE WOODLANDS, Texas, Oct. 23, 2019 – The Woodlands-based Pisula Development Company recently announced healthcare real estate management industry veteran Debra Schooler has joined the firm as its Senior Vice President, Asset & […]
News Release: Meridian Purchases 53,500-SF Building in Orange County, Calif., for $20.35 Million for MOB Conversion
NEWPORT BEACH, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of a 53,500-square-foot, two-story medical office building in Santa Ana, California. The purchase price was $20.35 million and Meridian plans to invest an additional $5 million […]
Feature Story: HRE gains steam as possible downturn nears
Healthcare real estate executives tout the property type during InterFace panel By John B. Mugford Professionals involved in owning, developing, leasing or financing medical office buildings (MOBs) often point to the Great Recession as an instigator for new investors to become interested in the property type. To be sure, the healthcare real estate (HRE) space […]
News Release: 227,113 SF biomedical building in Phoenix to be leased by Transwestern team
Wexford Science & Technology Taps Transwestern To Lease 227,113 Sf Biomedical Campus Building In Phoenix (OCT. 18, 2019 – PHOENIX, ARIZ.) – Transwestern Commercial Services (TCS) today announces it has been selected by Wexford Science & Technology LLC to provide Agency Leasing services for the new Wexford Innovation Center at 850 N. Fifth St. in […]
News Release: Closed – Desert Mirage Medical Plaza
CLOSED: Our team is proud to have recently negotiated the sale 12361 W Bola Drive, Surprise, AZ. This ±37,424 SF medical plaza, which includes Northwest Valley’s only off-campus ambulatory surgery center, offered the buyer outstanding cost savings at a dramatic discount to reproduction cost and a strategic investment within the fastest growing community in Arizona. […]
News Release: $8,600,000 Medical Office Building Sale
Fairfield Advisors announces sale of Medical Office Building Portfolio in Tennessee and Illinois – $8,600,000 Transaction – (Denver, CO. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of a 3 Medical Office Building portfolio in Tennessee and Illinois. The buildings were located in Jackson, TN., […]
News Release: MBRE Healthcare breaks ground in Georgia for new on-campus MOB for Piedmont Healthcare
FOR IMMEDIATE RELEASE New five-level, 113,000-square-foot outpatient facility in Newnan will support Piedmont Newnan Hospital in bringing a full complement of healthcare services to the growing southwestern Metro Atlanta region NEWNAN, Ga., and CHICAGO, Oct. 16, 2019 – MBRE Healthcare, one of the nation’s largest private owners of healthcare properties, broke ground Sept. 16 for […]
People & Companies: Shane Seitz returns to Ventas
After more than a year with CBRE, he’s back sourcing investments for the REIT By John B. Mugford CHICAGO – Anyone who has seen Shane Seitz participate in, or moderate, a panel discussion during one of the healthcare real estate (HRE) sector’s frequent conferences knows that the 20-year industry veteran has a quick, humorous wit […]
