News Release: Echo Development Group, Inc. Acquires Medical Building for Behavioral Health Clinic Build-to-Suit Redevelopment
FOR IMMEDIATE RELEASE Akron, OH (May 6, 2019) – Echo Development Group, Inc. announces it has acquired an existing medical building in partnership with BrightView – an outpatient addiction medicine practice based in Cincinnati, OH. The property is located at 999 North Main Street in Akron, OH (approximately 3 miles north of the downtown CBD), […]
News Release: Just Closed – Senior Housing JV Equity and Debt
Cadence Capital Partners Healthcare Real Estate Group secures debt & equity capital for senior housing development Cadence Capital partners is pleased to announce the closing Of the joint venture equity and construction financing for the development of a Class A, 165-unit, independent, assisted, and memory care community in St. Petersburg, Florida. Cadence worked on behalf […]
News Release: National construction costs on the rise: Rider Levett Bucknall releases latest report
Rider Levett Bucknall Takes the Pulse of Construction Costs in Latest Quarterly Report International property and construction consultancy firm, Rider Levett Bucknall (RLB), has released its latest Quarterly Cost Report (QCR) for North America. With data current to January 1, 2019 and featuring construction cost information on 14 markets, it provides a statistical view of […]
News Release: Amenity-Rich, Mixed-Use Design will Further Connect World’s Largest Medical Complex
May 01, 2019 Houston – Transwestern Development Co. (TDC®) today announces it has been selected to provide development services for the transformational TMC3 Campus by the Texas Medical Center (TMC) and the project’s Founding Institutions: Baylor College of Medicine, Texas A&M Health Science Center, University of Texas Health Science Center at Houston, and University of Texas MD Anderson Cancer Center. […]
News Release: Just Closed :: Greenleaf Center Portfolio
Sale Date: 4/3/2019 Portfolio Size: 197,385 SF % Leased: 93% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Greenleaf Center Portfolio (the “Portfolio”), located in Gurnee, Illinois. Lee Asher, Chris Bodnar, Shane Seitz, Sabrina Solomiany and Ryan Lindsley partnered with Kevin Segerson in the Illinois market to act as the […]
News Release: HFF arranges financing for a 9-property, multi-state behavioral healthcare portfolio
WASHINGTON, D.C. – May 1, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged financing for a nine-property, multi-state behavioral healthcare portfolio totaling 943,843 square feet and 765 licensed beds. HFF worked on behalf of the borrower, Perimeter Healthcare, and its financial sponsor, Ridgemont Equity Partners, to secure the five-year, floating-rate senior […]
News Release: HFF announces $13M sale of 4-building medical office portfolio in Tucson, Arizona
SAN DIEGO, CA – May 1, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $13 million sale of a medical office portfolio totaling 67,745 square feet across four buildings in Tucson, Arizona. The HFF team represented the seller, an affiliate of Healthcare Realty Trust, and procured the buyer, a joint venture between Pisula Development […]
News Release: PMB announces plans for new 55,000-square-foot St. Mary’s Medical Pavilion in Tucson, Ariz.
FOR IMMEDIATE RELEASE News Media Contact: Nicole Lemieux, Director of Marketing, PMB, nlemieux@pmbllc.com The San Diego-based healthcare real estate firm plans to start construction this summer for the new $17 million, Class A, two-story facility to be anchored by Carondelet Medical Group TUCSON, Ariz., and SAN DIEGO, May 1, 2019 – PMB, one of the […]
News Release: New Lease at Coon Rapids Medical Center
Davis is happy to announce a new lease at Coon Rapids Medical Center! Davis and Physicians Realty Trust are excited to welcome Center for Diagnostic Imaging (CDI) to the Coon Rapids Medical Center! This Fall, CDI will open a state of the art imaging center with MRI, CT, diagnostic and therapeutic injections and X-ray. CDI […]
News Release: Physicians Realty Trust Reports First Quarter 2019 Financial Results
Announces Execution of Ten Year Lease at El Paso Specialty Facility Announces Year-to-Date Investment Activity of $40.1 million First Quarter Highlights: Reported first quarter 2019 total revenue of $105.4 million, which was flat compared to the prior year period. Generated first quarter net income per share and OP unit of $0.06 on […]
News Release: HCP Reports First Quarter 2019 Results
HCP, Inc. (NYSE: HCP) today announced results for the first quarter ended March 31, 2019. For the quarter, we generated net income of $0.13 per share, NAREIT FFO of $0.43 per share, FFO as adjusted of $0.44 per share and blended Total Portfolio SPP Cash NOI growth of 3.0%. FIRST QUARTER 2019 FINANCIAL PERFORMANCE AND RECENT […]
People: Q&A with Jay Buckley, Anchor’s new VP of asset management
After five years with HCP, industry veteran joins private HRE firm to help manage its fast-growing portfolio In a reflection of its strong growth in recent years, Charlottesville, Va.-based Anchor Health Properties recently hired commercial real estate veteran Jay Buckley for the role of VP, asset management. Mr. Buckley, who started his career with an […]
News Release: Hammes Co. Appoints Nancy Connolly President
Milwaukee, Wis., April 30, 2019 – The board of directors of Hammes Company, the nation’s leader in healthcare building strategies (hammesco.com), today announced the appointment of Nancy Connolly as president. Connolly joined Hammes in 2003 as a consultant. Shortly thereafter, Connolly moved from Washington, D.C. to Philadelphia to open and operationalize a new office. Connolly was […]
News Release: Just Closed :: Dermatology Solutions Group Medical Office Portfolio
Florida & Alabama Sale Date: 4/2/2019 Portfolio Size: 51,505 SF % Leased: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Dermatology Solutions Group Medical Office Portfolio (the “Portfolio”), located in Florida and Alabama. Lee Asher, Chris Bodnar, Shane Seitz, Sabrina Solomiany and Ryan Lindsley partnered with Morgan Hillenmeyer from […]
News Release: Welltower Reports First Quarter 2019 Results
Welltower Inc. (NYSE: WELL) today announced results for the quarter ended March 31, 2019. Quarterly Highlights Reported net income attributable to common stockholders of $0.71 per diluted share and normalized FFO attributable to common stockholders of $1.02 per diluted share compared to $0.99 per diluted share in 2018, representing 3% normalized FFO growth Total portfolio SSNOI grew 3.1%, driven by Seniors Housing Operating […]
