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News Release: Ventas Announces Lillibridge Healthcare Services CEO Transition
Todd W. Lillibridge to Transition Out of Top Executive Role in Early 2018 CHICAGO–(BUSINESS WIRE)–Jul. 28, 2017– Ventas, Inc. (NYSE: VTR) announced today that Todd W. Lillibridge, President and CEO of Lillibridge Healthcare Services (“LHS” or “the MOB Business”) and EVP Medical Property Operations for Ventas will transition to a new role as Senior Advisor to the […]
News Release: Welltower Reports Second Quarter 2017 Results
July 28, 2017 TOLEDO, Ohio, July 28, 2017 /PRNewswire/ — Welltower Inc. (NYSE: HCN) today announced results for the quarter ended June 30, 2017. For the quarter, we generated net income attributable to common stockholders of $0.51 per share and normalized FFO attributable to common stockholders of $1.06 per share. Quarterly Highlights Seniors housing operating SSNOI grew […]
News Release: Anchor Health Properties Launches Western U.S. Operations Effort
NEWS PROVIDED BY Anchor Health Properties Jul 26, 2017, 09:06 ET PHILADELPHIA, July 26, 2017 /PRNewswire/ — Anchor Health Properties (“Anchor”), a full-service development, management, leasing, and investments platform focused on medical office projects across the United States, recently opened its first office in the Western U.S., effective July 10th. In conjunction with this opening, Anchor has announced the acquisition of […]
Archives: July 2017
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Feature Story: Inside the biggest monetization ever
A behind-the-scenes look at CHI’s $700 million portfolio sale to DocREIT By John B. Mugford Much has already been said and written about last year’s largest medical office building (MOB) portfolio monetization – which is also said to be the largest ever. The headline-grabbing sale had Englewood, Colo.-based Catholic Health Initiatives (CHI) selling 51 MOBs […]
Outpatient Projects: MOB to grow into outpatient campus
In growing Howell, Mich., MedCraft and partner Welltower open facility for Ascension Health By John B. Mugford While the grand opening of a 60,000 square foot medical office building (MOB) in the exurbs of a large metropolitan area is certainly big news locally, such an event is not likely to garner national headlines or attention. […]
News Release: Just Closed: Medical Office Complex in San Antonio, Texas
The JLL Healthcare Capital Markets Group is pleased to announce the sale of Legacy Oaks, a 224,262 square foot medical office complex in San Antonio, Texas. The property is strategically located adjacent to the South Texas Medical Center and contains numerous specialties including primary care, pediatrics, obstetrics, ophthalmology, radiology, rheumatology, pain management and outpatient rehabilitation. […]
News Release: HFF closes sale of Fletcher Parkway Medical Center on San Diego’s Sharp Grossmont Campus
SAN DIEGO, CA – July 24, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of Fletcher Parkway Medical Center, a mission-critical, 82,024-square-foot, three-story medical office building in the San Diego suburb of La Mesa, California. HFF marketed the property on behalf of the seller, The Abbey Company. Anchor […]
News Release: Inland Real Estate Acquisitions, Inc. Purchases Medical Office Building in Arlington, Texas
Oak Brook, Ill. (July 24, 2017) – Inland Real Estate Acquisitions, Inc. announced today that it negotiated and helped close the purchase of the Kleiman | Evangelista Eye Center, a 27,500-square-foot medical office building located in Arlington, Texas, approximately 12 miles east of Fort Worth and 20 miles west of Dallas. Matthew Tice, senior vice […]
News Release: Pre-leasing for new 123 Vision Park medical building
(July 20, 2017) Tim Maczko and Lisa Hughes of The J. Beard Real Estate Company have announced the leasing of the new Vision Park Medical Building planned for construction at 123 Vision Park Blvd. in Shenandoah, Texas. Developed by Everson Developments, the building is a 51,000-square-foot, three-story Class A medical office building situated on 3.5+/- acres […]
News Release: Brown Gibbons Lang & Company announces sale of the Kleiman | Evangelista Eye Center, Arlington, Texas
Brown Gibbons Lang | Real Estate Partners (“BGLREP”), a division of Brown Gibbons Lang & Company (“BGL”), is pleased to announce the real estate sale of the Kleiman | Evangelista Eye Center, located in Arlington, Texas. BGLREP’s National Healthcare Real Estate team served as the exclusive advisors to the sellers in the transaction. Kleiman | […]
News Release: Simone Development Makes First Northern New Jersey Investment with Acquisition of Medical Building at 385 Prospect Ave. in Hackensack
(HACKENSACK, NJ – July 18, 2017) – Simone Development Companies, a leading investor and developer of medical office and healthcare properties throughout New York City, Long Island, Westchester and Fairfield counties, has made its first in-road into Northern New Jersey with the acquisition of Prospect Plaza at 385 Prospect Avenue in Hackensack, NJ, a three-story, […]
News Release: Carter Validus Mission Critical REIT II, Inc. Completes $398 Million in Healthcare and Data Center Acquisitions in First Half of 2017
The acquisitions, completed January through June 2017, added 11 properties totaling approximately 1.7 million rentable square feet to CV Mission Critical REIT II’s portfolio. July 17, 2017 03:30 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling […]
News Release: Healthsouth And Novant Health Announce Plans To Build An Inpatient Rehabilitation Hospital
NEWS PROVIDED BY HealthSouth Corporation Jul 15, 2016, 07:00 ET BIRMINGHAM, Ala. and WINSTON-SALEM, N.C., July 15, 2016 /PRNewswire/ — HealthSouth Corporation (NYSE: HLS) and Novant Health, Inc., have formed a joint venture to file a Certificate of Need application to build a 68-bed, freestanding inpatient rehabilitation hospital in Winston-Salem, North Carolina. The Certificate of Need application requests that the rehabilitation unit […]