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News Release: JOHNSON DEVELOPMENT SET TO BUILD VA OUTPATIENT CLINIC AT PARKVIEW HOSPITAL’S RANDALLIA CAMPUS IN FORT WAYNE, IND.
FOR IMMEDIATE RELEASE Contact: Derek Weaver Tel: (205) 802-2316 Email: dweaver@johnsondevelop.com FORT WAYNE, Ind. (March 11, 2013) – Redeveloping a 34,000-square-foot building into a new use, Johnson Development will begin construction in April on a U.S. Department of Veterans Affairs (VA) outpatient facility at Parkview Hospital’s Randallia campus. Completion of the clinic, which will provide […]
News Release: KeyBank Real Estate Capital arranged and closed over $1.4 billion in senior housing finance in 2012
We are proud to announce KeyBank Real Estate Capital® arranged and closed over $1.4 billion in senior housing finance in 2012. The long-term relationships we enjoy with our clients contributed to a successful year. We provide comprehensive solutions for the property finance needs of REITs, hospitals, and seniors housing. Let us put similar industry experience […]
News Release: American Healthcare Investors Facilitates Acquisitions in Colorado, Louisiana and Texas on Behalf of Griffin-American Healthcare REIT II
FOR IMMEDIATE RELEASE Contact: Damon Elder (949) 270-9207 delder@ahinvestors.com REIT portfolio grows to nearly $1.4 billion in assets NEWPORT BEACH, Calif. (March 6, 2013) – American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT II, Inc., announced today the acquisition of five medical office buildings by the REIT for an aggregate […]
Thought Leaders: Jones Lang LaSalle sees hospital’s move to aggressive ambulatory care unit strategies accelerating
Focused effort leads to broader outreach and improved efficiencies CHICAGO, March 4, 2013— Healthcare reform and ongoing financial and operational pressures are having significant influence on how hospitals and healthcare systems define and execute ambulatory care unit (ACU) strategies. The cumulative effect of these influencers is a further and accelerated modification of the hub and […]
News Release: The Sanders Trust Acquires $13 Million Ambulatory Surgery Center in Austin, Texas
FOR IMMEDIATE RELEASE March 4, 2013 Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies located in Birmingham, Ala. announces their latest acquisition of the Kyle Medical Plaza located near Austin, Texas. The recently completed 42,000 square foot facility includes Hays Surgery Center, an outpatient surgery center, as […]
Post-Acute and Senior Living: Senior housing recovery continues as Q4 occupancy climbs to 89.1 percent
ANNAPOLIS, Md. – The average occupancy rate for senior housing was 89.1 percent during the fourth quarter (Q4) of 2012, up 0.3 percent from Q3 and up 1 percent Q4 2011, according to the Annapolis-based National Investment Center for the Seniors Housing & Care Industry (NIC). “Occupancy is now at a four-year high and, with […]
Post-Acute and Senior Living: Norvin acquires Texas rehab hospital
Private equity firm pays $32.9 million for fully leased, 50-bed facility in Austin By John B. Mugford New York-based Norvin Healthcare Properties recently gained a foothold in the Austin, Texas, market by purchasing the 60,000 square foot, three-story Central Texas Rehabilitation Hospital (CTRH) from an affiliate of Dallas-based Prevarian Hospital Partners. The price was $32.9 […]
Inpatient Projects: More Inpatient Project News
Dignity Health recently started construction on its future 24-bed, $44 million hospital in Glendale, Ariz. The new hospital, to be called St. Joseph’s Westgate Medical Center, is under way on a 35-acre tract near Loop 101 and Glendale Avenue, in the West Valley area of Greater Phoenix. The hospital is scheduled to open in early […]
Inpatient Projects: Finally, downscaled Shriners moving forward in St. Louis
ST. LOUIS – After years of setbacks, Shriners Hospital for Children in St. Louis has a date set for a groundbreaking for a new replacement hospital: March 20. The $47 million replacement facility will be constructed at 4400 Clayton Ave. on the campus of the Washington University School of Medicine on the large campus of […]
Inpatient Projects: Work beings for $55 million Permian Regional Medical Center in Andrews, Texas
ANDREWS, Texas – Work started in recent weeks on a new replacement for Permian Regional Medical Center (PRMC) in Andrews. The future $55 million hospital will have 34 beds, a wellness center and physician clinic space and offices. The 200,000 square foot facility, which will be built in phases and completed in 2016, will be […]
Inpatient Projects: Commercial spaces to pay for hospital
By Dan Emerson Like many aging hospitals throughout the country, century-old St. Anthony in Chicago has plans for a new replacement campus a short distance from its existing facility outside of downtown. Yet, what St. Anthony Ministries, the holding company that owns the hospital, has planned is, perhaps, unlike any medical complex/planned community in the […]
Outpatient Projects: More Outpatient Projects
An affiliation between Suncoast Medical Clinic, which has five locations in and around St. Petersburg, Fla., and St. Anthony’s Hospital has risen to a higher level with the completion of a new outpatient center. That $22 million facility, which recently opened on the campus of St. Anthony’s in St. Petersburg, is the new main campus […]
Outpatient Projects: Major Minneapolis hospital venturing west with outpatient project
MINNETONKA, Minn. – Officials with the Hennepin County Medical Center (HCMC) in downtown Minneapolis have come to realize that patients from the suburbs would rather not venture into the city to receive medical care. In fact, they’ve learned that the dislike is especially acute for people living west of Highway 100, just three miles or […]
Outpatient Projects: HSA PrimeCare breaks ground for surgery center in northern Chicago suburbs
VERNON HILLS, Ill. – HSA PrimeCare broke ground in recent weeks for a 15,000 square foot multi-specialty surgery center at 240 Center Dr. in Vernon Hills, in the northern Chicago suburbs.
Outpatient Projects: Old hotel will make way for $34 million Mercy outpatient facility in Branson, Mo
BRANSON, Mo. – Chesterfield, Mo.-based Mercy is certainly a well-known health system in Branson. However, most of the city’s residents need to drive about 35 miles to the north to receive Mercy’s services at its hospital in Springfield, Mo. Starting in 2015, however, that will no longer be the case. Mercy has acquired an abandoned […]