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REIT Report: Carter Validus keeps on buying
Non-traded REIT continues to rack up healthcare real estate purchases in Q3 By John B. Mugford These are busy times for the healthcare real estate (HRE) investment arms of Atlanta-based Carter, the long-time commercial real estate investor, developer and advisory firm. So busy, in fact, that the firm recently launched its second unlisted real estate […]
Capital Markets: Financing ‘trophy’ MOB assets
It’s important to consider a lender’s expertise among other factors By Erik Tellefson The definition of a “trophy” medical office building (MOB) asset is relatively hard to pin down. But real estate professionals typically consider trophy assets as MOBs with large square footage (over 250,000 square feet), strong tenancy, solid space usage, and striking visual […]
Companies & People: New HRE investor makes first deals
Nashville-based MedEquities Realty Trust starts with a five-property portfolio By Dan Larson A new healthcare real estate investment company is joining the ever-expanding pool of healthcare real estate (HRE) investors and is making its first big dip into the market. Nashville, Tenn.-based MedEquities Realty Trust Inc. recently announced that it has completed an initial private […]
Companies & People: Akron General partners with The Boldt Co. to develop wellness centers
AKRON, Ohio – Akron General Health & Wellness Innovations, part of the Akron General Health System, is teaming up with the Boldt Co. of Appleton, Wis., to expand its popular wellness centers on a national footprint. The two entities recently signed a memorandum of understanding (MOU) to collaborate on future projects. The wellness centers, designed […]
Companies & People: The Sanders Trust develops two new healthcare properties in the DFW area
BIRMINGHAM, Ala. – As one project ends, another begins. Such is the case for Birmingham-based real estate developer The Sanders Trust (TST) as it expands its portfolio in the Dallas-Fort Worth Metroplex. The company recently announced the completion of Lake Granbury Medical Center, a 41,000 square foot MOB near Fort Worth. The three-story facility cost […]
Companies & People: NGKF healthcare team brokers sale of three MOBs for $117.74M
NEWPORT BEACH, Calif. – The Global Healthcare Services team at Newmark Grubb Knight Frank (NGKF), which has major offices in Newport Beach, Calif., and Atlanta, recently represented the sellers in the closing of three significant MOB transactions. The team is composed of Todd Perman and Garth Hogan, both of whom are executive managing directors, and […]
Companies & People: Buffalo contracting firm is awarded $226 million contract for medical sch
BUFFALO, NY. – LPCiminelli has made a name for itself rather quickly in healthcare development in the Buffalo area. The general contracting firm was recently awarded the construction bid for the second, and largest, phase of the future University at Buffalo School of Medicine and Biomedical Sciences project. The contract is worth $226 million, which, […]
Companies & People: Michael Huaco leaves Kaiser Permanente, now with McKesson Corp.
SAN FRANCISCO – During his time at Oakland, Calif.-based Kaiser Permanente, Michael Huaco often represented the company on various panel discussions at healthcare real estate conferences. And rightly so, as Mr. Huaco was the VP of corporate real estate and business strategy for the giant health insurance and healthcare provider that owns well over 64 […]
Companies & People: Regional healthcare developer bolsters team in New York
FISHKILL, N.Y. – Westage Cos., a regional healthcare development firm in an area about 50 miles north of New York City, has been adding people to its team in recent months. Among the additions, Lisa Westerfield has been hired as the associate VP of business development. Ms. Westerfield recently worked in the Philadelphia area as […]
Companies & People: HFF adds to its healthcare platform
Formerly at Savills, Philip B. Mahler joins company’s medical real estate team By John B. Mugford HFF continues to beef up its national healthcare real estate practice. In January, the company hired well-known healthcare real estate (HRE) professional W. Michael Bennett as a managing director focused on medical real estate transactions. So far, 2014 has […]
For Sale: CLASS ‘A’ ON-CAMPUS, SAN FRANCISCO NORTH BAY MEDICAL OFFICE INVESTMENT OPPORTUNITY
CLASS ‘A’ ON-CAMPUS, SAN FRANCISCO NORTH BAY MEDICAL OFFICE OPPORTUNITY The Offering CBRE’s U.S. Healthcare Capital Markets Group is pleased to exclusively offer the Sutter Solano Cancer Center and Medical Office Building for purchase. Located in the San Francisco North Bay, the Sutter Solano Cancer Center and Medical Office Building represents a unique value-add opportunity […]
News Release: Hammes Co. delivers next phase of renovated campus on time, under budget
Various renovations and expansions will allow Cone Health in Greensboro, N.C., to serve its communities for decades to come from its existing campus BROOKFIELD, Wis., and Greensboro, N.C., Sept. 24, 2014 – Last month, Moses H. Cone Memorial Hospital opened the next phase of its vast campus transformation project with the successful completion of a […]
News Release: Hammond Hanlon Camp LLC Continues to Expand its Professional Team
SAN DIEGO and CHICAGO – September 23, 2014 – Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused strategic advisory and investment banking firm, today announced the additions of Jared Langus as Vice President in the San Diego office and Michael Tierney as Vice President in the Chicago office. Jared joins the team from Kaufman Hall & […]
News Release: Healthcare Realty purchases medical office building next to Tampa General Hospital for $8M
Sale is a sign of the continued high level of demand for medical office buildings Tampa, Fla. (September 23, 2014) – Healthcare Realty, a Nashville-based real estate investment trust that owns, manages and develops healthcare properties, has purchased 17 Davis a Medical Office Building in Tampa for $8 million. The Class A, 48,200-square-foot medical office […]
