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News Release: NexCore Group Adds to its Capabilities as Tom Kelly Joins its Business Development Team
Seasoned commercial real estate executive brings broad experience to serve the firm and its clients as Vice President, Real Estate Development at a time of significant growth and expansion DENVER, March 14, 2018 – NexCore Group, a national healthcare real estate (HRE) developer, announced today that Tom Kelly has joined the firm’s business development team […]
News Release: Over 34 million s.f. of outpatient healthcare real estate was started or completed in 2017
Second annual Revista-HREI survey finds that the pace of development was still robust for MOBs and other outpatient facilities last year, although it was down 4.6 percent from 2016 ARNOLD, Md., and MINNEAPOLIS, March 14, 2018 – Outpatient healthcare real estate (HRE) development projects totaling more than 34 million square feet were started or completed […]
Cover Story: 2017’s biggest outpatient HRE developers revealed
With more than 34 million square feet of MOBs and other outpatient projects started or completed in 2017, developers MedCraft, Healthcare Realty Trust, NexCore Group and HTA Development led the way, according to second annual report by Revista and HREI™ By John B. Mugford The year 2017 saw a slight drop in the development of […]
News Release: Griffin-American Healthcare REIT IV Reports Fourth Quarter and Year-End 2017 Results
NEWS PROVIDED BY Griffin-American Healthcare REIT IV, Inc. Mar 12, 2018, 17:00 ET IRVINE, Calif., March 12, 2018 /PRNewswire/ — Griffin-American Healthcare REIT IV, Inc. today announced operating results for the company’s fourth quarter and year ended Dec. 31, 2017. “Griffin-American Healthcare REIT IV expanded significantly during 2017, acquiring more than $327 million of quality healthcare real estate on behalf of our […]
News Release: Coldwell Banker Commercial Westmac arranges $4.7 million sale of medical-office building in West Los Angeles, CA
LOS ANGELES, CA – 03/12/2018 Coldwell Banker Commercial WESTMAC has arranged the sale of 11669 Santa Monica Boulevard in West Los Angeles for $4,700,000. A private seller has sold the ± 7,658-square foot medical-office building for approximately $613 per square foot. Located near the corner of Santa Monica Boulevard and S. Barrington Avenue, the highly-visible […]
News Release: CHI Health Clinic Breaking Ground on New Council Bluffs Clinic
March 12, 2018 We’re Growing – With One-Stop Health Care New CHI Health Clinic Will be More Than Four Times the Current Size A new CHI Health Clinic at Valley View and Mall Drives in Council Bluffs is not only bigger, it will provide a rotating cast of specialists – all under one roof. In addition […]
News Release: Encompass Health announces plans to expand rehabilitative services to Katy, Texas
Mar 12, 2018 Inpatient rehabilitation hospital expected to begin providing care in fall 2019 BIRMINGHAM, Ala., March 12, 2018 /PRNewswire/ — Encompass Health Corporation (NYSE: EHC), formerly known as HealthSouth Corporation, today announced plans to build a 40-bed inpatient rehabilitation hospital in Katy, Texas. The 40-bed hospital will be located at The Reserve at Grand Parkway in Katy. It will […]
News release: HealthAlliance Receives Key State Approval for $92 Million Hospital Transformation
Thursday, March 8, 2018 State Department of Health Approves Certificate of Need; Healthy Neighborhood Initiative Moving Forward KINGSTON, N.Y. — HealthAlliance of the Hudson Valley, a member of the Westchester Medical Center Health Network (WMCHealth), has received contingency approval from the New York State Department of Health for a transformative $92 million expansion and enhancement […]
Outpatient Projects: Five developers vying for $200 million, 250,000 square foot Penn Medicine project at former Wyeth Labs site
RADNOR TOWNSHIP, Pa. — The University of Pennsylvania Health System (Penn Medicine) recently received preliminary land development approval from Radnor Township officials for the development of a new $200 million, 250,000 square foot medical facility and 1,000-vehicle garage along Interstate 476 in this Philadelphia suburb. The property, at 145 King of Prussia Road, is on […]
News Release: Chicago RE Firm Acquires Excel Centre in San Diego for $37.1 Million
Premier Medical/Office Property Anchored by Kaiser Permanente SAN DIEGO, Calif. – March 6, 2018 – Excel Centre, a premier 83,213-square-foot (sf) medical office building in San Diego, California anchored by Kaiser Permanente has recently sold to Chicago-based MBRE Healthcare for $37.1 million. The property is located at 17140 Bernardo Center Dr. in Rancho Bernardo, an upscale master-planned community along […]
News Release: Blessing seeks permission to build medical office building
Blessing Hospital has filed a Certificate of Need with the State of Illinois, seeking permission to build a medical office building on the southeast corner of 48th and Maine in Quincy. The two story structure would be 80,000 square feet on seven acres of land. It would include provider offices, physical therapy, select radiology and […]
News Release: NexCore Group’s Kyle Robbins earns Design-Build Professional™ certification from DBIA
Mr. Robbins, the firm’s Senior Vice President Design & Construction, has earned the Design-Build Institute of America’s highest designation as a nationally certified Design-Build Professional™ DENVER, Mar. 6, 2018 – NexCore Group, a national healthcare real estate (HRE) developer, announced today that Kyle Robbins, the firm’s Senior Vice President Design & Construction, has successfully completed […]
News Release: New Northwestern Medicine Lake Forest Hospital Officially Open For Patient Care
MARCH 03, 2018 The new Northwestern Medicine Lake Forest Hospital is officially open. As of 6 am, the new, state-of-the-art hospital, located at 1000 N. Westmoreland, began accepting emergency department patients. The new hospital is fully operational, and functions as a leading Level 2 trauma center for the northern Illinois suburbs. “Our new hospital is now ready […]
News Release: Invesque Establishes Medical Office Building Platform with US$142 Million Acquisition of Mohawk Medical Properties REIT
NEWS PROVIDED BY Invesque Inc. Mar 02, 2018, 08:17 ET TORONTO, March 2, 2018 /CNW/ – Invesque Inc. (TSX: IVQ.U) (the “Company”) announced it has entered into an arrangement agreement (“Arrangement Agreement”) with Mohawk Medical Properties Real Estate Investment Trust and its subsidiary, Mohawk Medical Operating Partnership (I) LP (collectively, “Mohawk REIT”) to acquire all […]
News Release: RTG Is Celebrating Our 20th Anniversary!
March 1, 2018, Knoxville, TN: Realty Trust Group (RTG) is proud to announce our 20-Year Anniversary. Founded in 1998 by Greg Gheen and the shareholders of PYA, RTG has grown to 60 employees across three offices. We have continually grown our services and our geography – offering a comprehensive platform of real estate services to […]