News Release: Texas A&M System brands landmark campus in Texas Medical Center
May 18, 2020 By The Texas A&M University System Today, The Texas A&M University System announced the name of its landmark five-acre campus in Houston, Texas, at the prominent intersection of Holcombe Blvd. and Main St. near the Texas Medical Center. Setting a new standard for collaboration in engineering, medicine, research and education is the first all-new mixed-use […]
News Release: Just Closed: U.S. Renal Care Portfolio, Fort Worth, TX Metro
Investment Advisory and Debt Placement Healthcare Capital Markets Just Closed: U.S. Renal Care Portfolio, Fort Worth Metro, Texas 11 buildings, 99,072 rentable square feet The JLL Healthcare Capital Markets Group is pleased to announce the sale of a fully-leased portfolio of 11 medical office buildings located in the greater Fort Worth, Texas market. The portfolio […]
News Release: Capital Square 1031 Fully Subscribes DST Offering of Fresenius Dialysis Clinic Near Chicago
FOR IMMEDIATE RELEASE CHICAGO (May 18, 2020) – Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings, announced today that CS1031 Midwest Dialysis, DST has been fully subscribed. CS1031 Midwest Dialysis, DST is a Reg. D private placement investment offering comprised of a 9,000-square-foot dialysis clinic located in East Chicago, Indiana, approximately […]
News Release: CORE Real Estate Names Eric Henrickson VP of Acquisitions
Expands Investment Team in Anticipation of Opportunity NEWS PROVIDED BY CORE Real Estate Capital May 18, 2020, 07:00 ET COLUMBUS, Ohio, May 18, 2020 /PRNewswire/ — CORE Real Estate Capital (“CREC” or “the firm”), a private commercial real estate investor, today announced it has appointed Eric Henrickson as Vice President of Acquisitions. Reporting to Joe Bergman, Senior Vice President of Acquisitions, Mr. […]
News Release: Woodside Health Announces Acquisition of Dominion Crossing – San Antonio, TX
FOR IMMEDIATE RELEASE CLEVELAND, OH (May 12, 2020) – Woodside Health is pleased to announce its acquisition of Dominion Crossing, located at 21727 IH-10 West in San Antonio, Texas. Dominion Crossing has 30,000 square feet and is anchored by two of San Antonio’s largest healthcare systems, University Health Systems and CHRISTUS Santa Rosa. This transaction […]
News Release: JUST SOLD — Medical Office Building Sold for $479 PSF in Moreno Valley, CA
Moreno Valley Medical Plaza JUST SOLD CBRE’s Investment Properties-SoCal/Phoenix team is pleased to announce the sale of Moreno Valley Medical Plaza, located at 22555 Alessandro Boulevard in Moreno Valley, California, at a gross sale price of $6,998,800 ($479/SF). The single-story medical office building, built in 2007, is 100% leased to DaVita and Nephrology Associates Medical […]
Industry Pulse: All of our COVID-19 coverage in one place
For your convenience, here are links to most of the COVID-19 coverage HREI has published to date: Feature Story: Recovery could be slower; U-shaped vs. V-shaped REIT Report: REITs reacting to COVID-19, not necessarily buying Feature Story: HRE update from the front lines Feature Story: The MOB market did well during Q1 Feature Story: Your […]
News Release: NK Architects announces these exciting recent and newly-awarded projects
It is with the continued confidence of our clients and the dedication of our staff that NK Architects announces these exciting recent and newly-awarded projects that serve health, education and community. NORTHWELL HEALTH NEW CANCER CENTER STATEN ISLAND UNIVERSITY HOSPITAL This new Cancer Center relates to its shore surroundings with a theme of earth, sea […]
News Release: CIT Provides $21 Million Medical Office Portfolio Loan
NEW YORK — May 14, 2020 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance unit served as the sole lead arranger on a $21 million acquisition financing for a portfolio of medical facilities in Texas. Ridgeline Capital Partners acquired nine medical properties containing approximately 100,000 square feet in the Dallas-Fort Worth area. […]
Feature Story: Recovery could be slower; U-shaped vs. V-shaped
Noted economist, real estate expert Dr. Sam Chandon details the downturn during Revista webcast By John B. Mugford As the country bounces back from the COVID-19 pandemic, it is becoming less likely that the economy will make the quick “V-shaped” recovery that many economists, businesses and, for that matter, all of us were hoping for. […]
News Release: American Nurses buys Orlando office building
American Nurses Acquires 7KSF Medical Office Building Near Downtown Orlando The Orlando-Based Home Healthcare Agency Plans to Significantly Renovate the Former Optometry Office ORLANDO, FL, May 12, 2020 – Cushman & Wakefield has arranged the sale of a 7,058-square-foot medical office building in Uptown Orlando for $1.41 million. The buyer is American Nurses, an Orlando-based […]
News Release: 12|12 Aventura Announces Groundbreaking
FOR IMMEDIATE RELEASE Community-Focused Development to Feature Senior Luxury Residences, Gourmet Marketplace and Professional Offices; Will Further Establish the Aventura Health District AVENTURA, FL (May 12, 2020) – Aventura-based Rieber Developments has announced the groundbreaking of 12|12 Aventura, a premier mixed-use project with medical and professional offices, senior luxury residences and a vibrant dining and […]
REIT Report: REITs reacting to COVID-19, not necessarily buying
While Q1 reports show a slowdown in acquisitions, portfolios are holding up well By John B. Mugford NATIONWIDE – It looks as if the country’s healthcare-focused, publicly traded real estate investment trusts (REITs) pared down their acquisition and investment activity in the first quarter (Q1), putting much of their focus on shoring up their balance […]
News Release: Orange Park (Fla.) Medical Center opens first phase of new tower
Orange Park Medical Center May 12, 2020 Orange Park, Florida – This week Orange Park Medical Center opened its first phase of their new $62 million 101,435 square foot tower. The newly opened 5,800 square foot space includes the hospital’s outpatient testing and imaging services, patient registration and 2,200 square foot of shell space for future […]
News Release: IRA Capital acquires California medical building leased to St. Joseph
May 7, 2020 – Southern California-based IRA Capital (IRA) is pleased to announce the acquisition of a 56,000 square foot Medical Office Building in Santa Ana, CA. The building is well-located in an irreplaceable location of Orange County anchored by St Joseph Hospital of Orange, which occupies approximately 98% of the building. St. Joseph is […]
