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News Release: Hillcroft Medical Clinic - CREG U.S. Healthcare Investment Sales (Sugar Land, Texas)

News Release: Hillcroft Medical Clinic – CREG U.S. Healthcare Investment Sales (Sugar Land, Texas)

The CREG – U.S. Healthcare Investment Sales practice is pleased to announce the sale of the Hillcroft Medical Clinic located in Sugar Land, TX, part of the Houston MSA. CREG acted as the Seller’s exclusive advisors in the sale of the Property. The 100% leased Building consists of over 40,000 SF and was sold to […]

News Release: Medical Properties Trust Agrees to Acquire Five General Acute Hospitals in South Florida

News Release: Medical Properties Trust Agrees to Acquire Five General Acute Hospitals in South Florida

Includes Leaseback to Steward Health Care of Facilities Valued at Approximately $900 Million Year-to-Date Investment Total Exceeds $3.4 Billion Funding Strategy Includes Substantial Proceeds from Anticipated Capital Recycling Activity June 23, 2021 04:30 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has entered […]

News Release: Hammes Healthcare expands Southwest team with the hire of Penny Busch in Dallas

News Release: Hammes Healthcare expands Southwest team with the hire of Penny Busch in Dallas

Hammes Healthcare is pleased to welcome Penny Busch back to the company as regional vice president for the Southwest. She will be based out of Hammes’ Dallas office. MILWAUKEE AND DALLAS (PRWEB) JUNE 23, 2021 Hammes Healthcare, a leading provider of consulting and project management services, is pleased to welcome Penny Busch back to the […]

News Release: Cushman & Wakefield Selected to Oversee $250M Renovation and Expansion of Saint Francis Hospital South Campus ( Tulsa, Okla.)

News Release: Cushman & Wakefield Selected to Oversee $250M Renovation and Expansion of Saint Francis Hospital South Campus ( Tulsa, Okla.)

For Immediate Release Project Totals 283,600 SF, Includes Six-Story Tower Accommodating 124 Patient Rooms TULSA, Oklahoma, June 23, 2021 – Cushman & Wakefield announced today that the Project Development and Services (PDS) practice at the real estate services firm has been retained to provide development management services for the $250 million renovation and expansion of […]

News Release: Caddis hires veteran HRE leader W. Todd Jensen as Executive Vice President, Investments

News Release: Caddis hires veteran HRE leader W. Todd Jensen as Executive Vice President, Investments

FOR IMMEDIATE RELEASE In his new position, Mr. Jensen will help Caddis grow its medical office building portfolio and capital relationships throughout the country DALLAS, June 23, 2021 – Caddis® has hired W. Todd Jensen, a veteran healthcare real estate (HRE) professional to serve in the newly created position of Executive Vice President, Investments. “We […]

News Release: $13,000,000 Medical Office Building Sale (Akron, Ohio)

News Release: $13,000,000 Medical Office Building Sale (Akron, Ohio)

Fairfield Advisors announces sale of 4 Medical Office Buildings / Surgery Center in Akron, Ohio – $13,000,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of a 4 Medical Office Building portfolio in the Akron, Ohio area. The 4 Medical Office Buildings […]

Thought Leaders: Joseph Simone of Simone Development Companies Sees Remote Working to Spur Healthcare Development

Thought Leaders: Joseph Simone of Simone Development Companies Sees Remote Working to Spur Healthcare Development

Healthcare real estate developer Joe Simone foresees an increase in non-downtown medical projects as providers relocate from urban office cores to serve their remotely working patients. BRONX, N.Y. (PRWEB) JUNE 22, 2021 Healthcare real estate developer Joe Simone foresees an increase in non-downtown medical projects as providers relocate from urban office cores to serve their […]

People: Five questions with W. Todd Jensen

People: Five questions with W. Todd Jensen

Sector veteran joins Dallas-based Caddis to help grow its MOB portfolio By John B. Mugford W. Todd Jensen has plenty of experience in the healthcare real estate (HRE) sector, and in his 25-year career with both public and private companies has been involved in more than 300 transactions topping $5 billion. Dallas-based Caddis, which has […]

News Release: Montecito Medical Acquires Surgery Center and Medical Office Property in Richmond (Va.)

News Release: Montecito Medical Acquires Surgery Center and Medical Office Property in Richmond (Va.)

FOR IMMEDIATE RELEASE June 22, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Brookfield Commons, a large medical office building and ambulatory surgery center (ASC) in Richmond, Virginia. The three-story facility, with nearly 90,000 square feet of rentable space, was fully […]

News Release: Welltower to Acquire Holiday Retirement's 86-Property Seniors Housing Portfolio for $1.58 billion in conjunction with Atria's Acquisition of Holiday Atria Senior Living to Acquire Holiday Retirement

News Release: Welltower to Acquire Holiday Retirement’s 86-Property Seniors Housing Portfolio for $1.58 billion in conjunction with Atria’s Acquisition of Holiday Atria Senior Living to Acquire Holiday Retirement

NEWS PROVIDED BY Welltower Inc. Jun 21, 2021, 16:16 ET TOLEDO, Ohio, June 21, 2021 /PRNewswire/ — Transaction is expected to be immediately accretive to Welltower’s next twelve months normalized funds from operations by approximately $0.10 per diluted share; Welltower expects an unlevered IRR in the low double-digit range Portfolio is valued at $152,000 per unit, […]

News Release: Woodside Health Buys Office Complex for $18.2M in Glendale, AZ

News Release: Woodside Health Buys Office Complex for $18.2M in Glendale, AZ

For Immediate Release Cushman & Wakefield Arranges Sale of Arrowhead Executive Center Office Complex for $18.2 Million in Glendale, AZ 99,000-sf multi-tenant project 90% leased, situated near abundance of amenities GLENDALE, Ariz., June 21, 2021 – Cushman & Wakefield announced the firm has brokered the sale of Arrowhead Executive Center, a 99,062-square-foot multi-tenant office complex […]

News Release: Anchor Health Properties Expands Northern California Footprint with 106,018 Square Foot Bay Area Acquisition

News Release: Anchor Health Properties Expands Northern California Footprint with 106,018 Square Foot Bay Area Acquisition

FOR IMMEDIATE RELEASE June 21, 2021 (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, recently acquired a three-story, 106,018 square foot Class A Medical Office Building in the Burlingame submarket of San Francisco, California. The newly renovated asset was acquired […]

News Release: Woodside Health Announces Sale of the Pavlik Professional Center in Orlando, FL

News Release: Woodside Health Announces Sale of the Pavlik Professional Center in Orlando, FL

FOR IMMEDIATE RELEASE Woodside Health Announces Sale of the Pavlik Professional Center in Orlando, FL Cleveland, OH (June 18th, 2021) – Woodside Health is pleased to announce the sale of the Pavlik Professional Center, a 17,000 square foot medical office building in Orlando, FL. Woodside purchased the Orlando-area property in 2015. Anchored by a prominent […]

News Release: Welltower Issues Business and Transaction Update

News Release: Welltower Issues Business and Transaction Update

NEWS PROVIDED BY Welltower Inc. Jun 21, 2021, 16:23 ET TOLEDO, Ohio, June 21, 2021 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued the following business and transaction update which can be found at: https://welltower.com/business-and-transaction-update About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care […]

News Release: Carle breaks ground on Carle at the Riverfront in Danville (Ill.)

News Release: Carle breaks ground on Carle at the Riverfront in Danville (Ill.)

06/17/2021 Carle celebrated the start of construction on its new medical campus today with a groundbreaking ceremony held at the site in Danville, Ill. The new facility, Carle at The Riverfront, will consolidate services currently at Carle Danville on Fairchild and Carle Danville on Vermilion and host more than 250 team members from these locations. […]