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News Release: Stage Equity Partners Continues Expansion into Dallas Medical Real Estate Market with New Purchase in Flower Mound, Tex.
CHICAGO (April 2, 2014) – Chicago-based healthcare real estate investment firm Stage Equity Partners, LLC (“Stage”) has finalized the acquisition of two Class A medical office buildings in the Dallas suburb of Flower Mound, Tex, announced Principals Brian Howard and Russell Brenner. Stage purchased the 34,910 square-foot buildings from a partnership group that includes principals […]
News Release: Fairfield Advisors announces successful closing of the Coronado Medical Office Building in Las Vegas, NV. A $12,000,000 Transaction
Denver CO & Las Vegas NV – Fairfield Asset Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the successful refinancing of the Coronado Medical Office Building located at 2779 West Horizon Ridge Parkway in Henderson, Nevada. Coronado is a 40,000 square foot, Class A asset. The building contains a surgery […]
News Release: NexCore Completes First of Multiple Medical Office Buildings on NorthBay Ambulatory Campus
New Medical Office Building Allows Hospital to Consolidate Outpatient Services and Improve Healthcare Delivery FAIRFIELD, Calif., and DENVER, March 31, 2014 – NexCore Group, a leading healthcare real estate developer, announced today its completion of the Green Valley Health Plaza for NorthBay Healthcare, a two-hospital, regional health system in northern California. See project photos. “We’re […]
News Releases: HSA PrimeCare Celebrates Completion of the Hawthorn Surgery Center in Vernon Hills, IL
CHICAGO (March 27, 2014) — Dan Miranda, president of HSA Commercial Real Estate, and John Wilson, president of HSA PrimeCare, announced today that HSA PrimeCare has finalized development of the Hawthorn Surgery Center, a 15,200-square-foot state-of-the-art outpatient clinic to be occupied by Hawthorn Surgical Associates (“Hawthorn”), a subsidiary of Surgical Care Affiliates LLC. The newly-completed […]
News Release: Gazit-Globe Reports Year-End and Fourth Quarter 2013 Financial Results
FFO and FFO per Share grew in 2013 by 10% and 6% respectively; Same Property NOI grew by 3.4% TEL-AVIV, ISRAEL; March 26, 2014 – Gazit-Globe (NYSE; TSX; TASE: GZT), one of the world’s leading multi-national real estate companies focused on acquisition, development and redevelopment of supermarket-anchored shopping centers in major urban markets, announced today […]
News Release: Newly acquired MOB in line for major renovations
Seavest Healthcare Properties has boosted occupancy and has commenced significant capital improvement projects at its recently acquired 79,300 square foot Fairfax, Va. medical office building WHITE PLAINS, N.Y., and FAIRFAX, Va., March 26, 2014 – Real estate investment firm Seavest Healthcare Properties LLC has increased occupancy and is making capital improvements at Fair Oaks Medical […]
Thought Leaders: EnTrust on Entrepreneurial Tenants
REAL ESTATE’S NEXT DRIVER? Read Jud Henry’s Article Minority-owned and women-owned businesses are the fastest growing segment of our economy expanding at more than four times the national rate but has the real estate industry kept up with the pace of their growth? Are tenant representation firms able to deal with the unique ambitions and […]
Inpatient Projects: NorthBay announces big upgrades
Healthcare system will invest $200 million on Solano County, Calif., facilities By Connie M. McCaffrey NorthBay Healthcare , an independent Fairfield, Calif.-based health system, announced that in addition to its newly opened $20 million Green Valley Health Plaza in Fairfield, it plans to begin major construction on its two hospital campuses in Fairfield and Vacaville, […]
News Release: Hammes Company brings flexibility, collaboration to new Kaiser Permanente Colorado facility
The new center marks the largest project in the non-profit, health plan’s history, serving the communities of South Metro Denver ENGLEWOOD and LONE TREE, Colo., March 25, 2014 – Representing the onset of a planned expansion, Kaiser Permanente Colorado’s new multi-specialty center opened to patients last month within Colorado’s popular south Denver market. The center […]
Archives: March 2014
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Cover Story: When is a hospital not a hospital?
Perhaps when it’s a ‘re-admit facility’ designed to avoid readmission penalties As health systems prepare further for the Patient Protection and Affordable Care Act (PPACA), they must figure out ways to avoid certain potential penalties assessed for excessive readmissions to their hospitals. One member of the audience at InterFace Healthcare Real West 2014 asked a […]
Cover Story: Looming over the real estate landscape: Health system executives discuss the ongoing effects of the PPACA on the HRE sector
Health system executives discuss the ongoing effects of the PPACA on the HRE sector By John Mugford As if providers aren’t facing enough pressures with the changing of the whole delivery model paradigm, healthcare reform has thrown even more complications at them. The Patient Protection and Affordable Care Act (PPACA), which was enacted into law […]
Hot Property: Retail, medical compose portfolio
Properties are in massive AllianceTexas mixed-use area of Fort Worth Name: Fort Worth Retail/M.O. Portfolio Addresses: 12650 N. Beach St.; 12457, 12465, 12485 Timberland Blvd. City: Fort Worth, Texas Number of buildings: 4 Total square feet: 33,410 Occupancy: 100% Seller: Unnamed Tenants: UNT Health Science Center, 7-11 Combined NOI: $732,737 Brokers: Scott Herbold, Jennifer Pierson, […]
Transactions: More HRE Transactions
DealPoint Merrill, a Los Angeles-based subsidiary of the Merrill Group of Cos., last fall closed escrow on a massive MOB complex, a former hospital, in downtown Dayton, Ohio. Elizabeth Place, on the banks of the Miami River, is an 820,000 square foot medical office facility that includes more than 100 medical practices. Included on the […]