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News Release: NCDOT Launches “First Flight” Under Drone Pilot Program in partnership with Matternet and WakeMed
August 29, 2018 RALEIGH, N.C. – Drone-based medical deliveries are here.Today, the N.C. Department of Transportation’s Division of Aviation has teamed up with WakeMed Health & Hospitals and Matternet to conduct the first round of test flights for drones to carry simulated medical packages from Raleigh Medical Park, located across from WakeMed Raleigh Campus on Sunnybrook […]
News Release: Steve Barry Appointed President of Rendina Healthcare Real Estate
FOR IMMEDIATE RELEASE JUPITER, Fla., Aug. 29, 2018 – Rendina Healthcare Real Estate is pleased to announce that Steve Barry has been appointed President. During his 14 years with Rendina, Steve has worked in nearly all areas of healthcare real estate, including development, leasing, and property management – and was previously the Executive Vice President […]
Thought Leaders: National Medical Office Research Report
Shifts Toward Outpatient Care Encourage Off-Campus Medical Office Development; Investors Optimistic About Market Outlook Industry consolidation prompts medical offi ce development. Mergers among healthcare companies and providers has been a driving force behind changes in the industry and how physicians interact with patients. Emerging technologies and a shift in the care delivery model are spilling over into the development of medical […]
News Release: Ankura Completes Acquisition of Navigant’s Healthcare Real Estate & Facilities Practice
Establishes a Unique Global Business Advisory Firm Providing Customized Expertise Across Issues, Industries, and Disciplines WASHINGTON D.C. – August 27, 2018 – Ankura, a leading business advisory and expert services firm that leverages integrated risk management, governance, compliance, investigations, forensics, technology, turnaround and restructuring, and management consulting capabilities, today announced the completion of its acquisition […]
News Release: City of Hope | South Bay opens today in the new $80 million Providence Advanced Care Center in Torrance
August 27, 2018 One of the nation’s premier cancer centers now offers multidisciplinary cancer care in the region TORRANCE, Calif. — City of Hope | South Bay officially opens its doors today in Torrance, bringing top-ranked cancer care to the region. For the first time, South Bay residents will have access to both the facility’s leading-edge, […]
News Release: With Strong Second Quarter, Capital One Again Heads List of Lead Arrangers for Number of Leveraged Loans Closed in Healthcare Industry
FOR IMMEDIATE RELEASE Bethesda, Md. (August 27, 2018) – Capital One Healthcare’s Corporate Finance group resumed its position as the No. 1 lead arranger of healthcare leveraged loans by deal count in every category up to $1 billion, according to league tables produced with data from Thomson Reuters LPC. The corporate finance team closed 49 […]
August 2018
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News Release: La Porte (Ind.) Hospital Breaks Ground for New Hospital
La Porte, Ind. – La Porte Hospital and community officials turned over the first shovels of dirt where the new La Porte Hospital will be built over the next two years, during a community celebration with about 300 people in attendance. The momentous occasion marks the beginning of the first hospital to be built in […]
August 2018 PDF
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News Release: Doors Officially Open at Sutter Health’s CPMC Mission Bernal Campus
Teams will care for the community inside this hospital that features latest technologies, advanced seismic safety and world-class healthcare SAN FRANCISCO—The not-for-profit Sutter Health network will officially open the doors to its California Pacific Medical Center (CPMC) Mission Bernal campus hospital Saturday, Aug. 25. This neighborhood-based medical center for all San Franciscans is located at […]
Transactions: Harrison Street lands Chicago deal
On the heels of Colliers deal, private investor pays $240 million for eight MOBs By John B. Mugford It looks as if it’s business as usual for private equity investor Harrison Street Real Estate Capital – just as industry sources had predicted – in the aftermath of the Chicago-based firm’s sale of a 75 percent […]
Post-Acute & Senior Living: Senior housing occupancy falls
Q2 rate across all senior product types was 87.9 percent – an eight-year low By John B. Mugford Senior housing occupancy rates across all product types have dipped to their lowest point in more than eight years, evidently because new construction has outpaced new demand. Last month, we took a look at the falling occupancy […]
Companies & People: Colliers completes HSRE investment
CRE firm closes on acquisition of 75 percent niche investor Harrison Street By Murray W. Wolf Just in case you missed the news because it happened the day after the Fourth of July, global commercial real estate services firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) completed its previously announced strategic investment in Harrison […]
Thought Leaders: Revista Releases Mid Year Transactions Report
By Hilda Martin The Mid Year Revista transactions report has been released and is available to subscribers. Some highlights: $19.1B in hospitals and MOBs traded in the last 12 months – down somewhat from this time last year Average MOB cap rates increased to 6.4 from 6.1, although many trades are still in the 5′s […]
News Release: Nationwide portfolio of medical office buildings finds buyer
JLL arranges sale of 10 MOBs in six states to Everest Healthcare Properties BOSTON, August 23, 2018 – JLL’s Capital Markets, Healthcare experts have arranged the sale of a 10-building medical office portfolio on behalf of Jupiter, Florida-based developer Rendina Healthcare Real Estate. The buyer was Everest Healthcare Properties LLC, a healthcare real estate investment manager based […]