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HREI Resource Guide ordering deadline extended to March 30
Due to the personal and professional disruption COVID-19 has caused in recent weeks, HREI has extended the ordering deadline for the the 2020-21 HREI Resource Guide by two weeks. The extended deadline for placing display advertising and listings orders is now Monday, March 30. To order your Enhanced Listing, please click here. For information about display advertising, […]
News Release: JLL expands capital markets team with hire in its Seattle office
Alanna Ellis will join as a Director focused on debt and equity placement SEATTLE, March 16, 2020 – JLL Capital Markets announced today that Alanna Ellis has joined the firm as a Director in its Seattle office. Ms. Ellis will be responsible for sourcing debt and equity placement business with a particular focus on healthcare, […]
Thought Leaders: State of the Capital Markets
H2C INDUSTRY INSIGHTS • CAPITAL MARKETS • MARCH 16, 2020 A Message to Our Clients: State of the Capital Markets March 16, 2020 Last week’s extreme volatility in global equity and fixed-income markets was a stark contrast to the favorable environment health systems enjoyed in 2019. The S&P 500 declined 10 percent last week and is now 20 percent off of […]
News Release: Leading Healthcare Real Estate Investment Co. Acquires $29 Million Rehab Hospital in New Orleans
The Sanders Trust Acquires $29 Million Inpatient Rehabilitation Hospital In New Orleans, Louisiana Company Enters Its 29th State Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announces the recent acquisition of a $29 million inpatient rehabilitation hospital (“hospital”) in New Orleans, Louisiana. Built in 2016, the 60-bed hospital has historically been operated […]
News Release: Recently Sold – Medical Associates of Clinton Medical Office Building, Clinton, Iowa
NKF Global Healthcare Services RECENTLY SOLD Medical Associates of Clinton Medical Office Building Clinton, Iowa Total SF: 115,842 Selling Price: $11,350,000 Sale Date: 2.27.20 Todd Perman, CCIM Vice Chairman Global Healthcare Services 404.806.2510 tperman@ngkf.com Dana Hamric Senior Managing Director Global Healthcare Services 404.806.2513 dhamric@ngkf.com Jonathan Kesler Associate Global Healthcare Services 404.806.2730 jkesler@ngkf.com […]
News Release: Healthpeak Properties™ COVID-19 Update
NEWS PROVIDED BY Healthpeak Properties, Inc. Mar 16, 2020, 08:00 ET IRVINE, Calif., March 16, 2020 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) has prepared an update pertaining to the COVID-19 pandemic, which can be found at http://ir.healthpeak.com/image/COVID-19+Update+-+March+2020+-+Final.pdf. These perspectives and observations are based on current information and will change as the pandemic evolves. About Healthpeak Properties Healthpeak Properties, Inc. is […]
News Release: DWS Expands and Revitalizes Boston’s Premier Medical Office Building at 50 Staniford Street
NEWS PROVIDED BY Margulies Perruzzi Mar 12, 2020, 09:04 ET BOSTON, March 12, 2020 /PRNewswire/ — DWS Group, one of the world’s leading asset managers, announced today the completion of the expansion and renovation of 50, 60, and 62 Staniford Street. The Staniford complex, located in Boston’s West End neighborhood, features a 10-story medical office tower and a new two-story building ideal […]
Industry Pulse: Keeping an eye on the coronavirus effect
HRE sector professionals not yet ready to comment on possible market pause NATIONWIDE — Concerns over the coronavirus, or COVID-19, coupled with falling oil prices, have had an unmistakable impact on global financial markets. Last week (March 2-6), stocks suffered their worst weekly decline since the 2008 financial crisis, and the Dow Jones Industrial Average (DJIA) plunged […]
News Release: NexCore Group Breaks Ground on 20,000 s.f. ASC for Northwest Healthcare and CHS in Tucson, Ariz.
FOR IMMEDIATE RELEASE The replacement ASC is located on the Pima Medical Institute campus in Tucson TUCSON, Ariz., and DENVER, March 11, 2020 – National healthcare real estate developer NexCore Group has broken ground in Tucson for an ambulatory surgery center (ASC) it is developing for Northwest Healthcare and Community Health Systems (CHS). The one-story, […]
News Release: Catalyst Acquires Free-Standing Medical Office Building in Spring Hill, Tennessee.
Pensacola, Florida (March 10, 2020) Catalyst Healthcare Real Estate (“Catalyst HRE”), a national healthcare real estate developer, announces the acquisition of a 22,279 square foot free-standing medical office building in Spring Hill, Tennessee. Vanderbilt Health and Benchmark Physical Therapy currently lease the acquired medical office building in a densely populated residential area. Catalyst looks forward […]
News Release: Leopardo Breaks Ground on a 50,000-SF Medical Office Building for DuPage Medical Group
MARCH 10, 2020 Leopardo recently broke ground on a 50,000-square-foot medical office building in Westmont, Illinois for DuPage Medical Group (DMG). This new building is another in a long history of collaboration between Leopardo and the largest independent multi-specialty physician group in Illinois, coming on the heels of a 54,000-square-foot renovation of what opened as DMG’s first […]
Transactions: 2019 MOB sales exceed $11 billion for fifth straight year
Volume confirmed by both Revista and RCA; cap rates remained in the mid-6% range By John B. Mugford Whether the coronavirus and its potential economic fallout will result in a pause in the medical office building (MOB) sales market in 2020 in pure speculation at this point. But what is certain is that 2019 turned […]
Companies & People: Shawn Janus excited about new role
New leader of the Colliers healthcare group is focusing on branding, business development, recruiting and providing his team with the best tools By John B. Mugford There are good reasons why Shawn Janus is one of the better-known, most-respected professionals involved in the healthcare real estate (HRE) space. For one thing, Mr. Janus has compiled […]
News Release: Construction Begins on New Experience Senior Living Development and Civitas Senior Living Community in North Port, Florida
NEWS PROVIDED BY Civitas Senior Living Mar 10, 2020, 08:00 ET FORT WORTH, Texas, March 10, 2020 /PRNewswire/ — Construction has begun on Civitas Senior Living and Experience Senior Living Development’s latest collaboration and joint project, The Gallery at North Port. The new senior living community is being built at 1322 N Main St. in North Port, Florida. “This is our […]
News Release: St. James Hospital Cuts Ribbon in Anticipation of March 17 Grand Opening
March 6, 2020 — Officials from New York State, UR Medicine and St. James Hospital gathered Friday morning to cut the ribbon on the new, 87,000-square-foot hospital. Located at 7329 Seneca Rd. N. in Hornell, the new facility is nearly complete and will open for business March 17. The public was invited to an open house […]