
Companies & People: JLL Healthcare Solutions to provide facilities management for LifeCare Health Partners
DALLAS – The South Central Region Healthcare Solutions team with Jones Lang LaSalle (NYSE: JLL) has been hired by Plano, Texas-based LifeCare Health Partners to provide an integrated facilities management program across the provider’s 19 freestanding and “hospital-in-hospital” facilities in nine states.

Companies & People: Landmark Healthcare Facilities opens $21.5 million MOB on heart and lung campus in N.J.
PEMBERTON TOWNSHIP, N.J. – After analyzing the local market to determine what healthcare services were needed, Milwaukee-based Landmark Healthcare Facilities LLC recently opened a new multi-tenant, 60,000 square foot MOB in the Browns Mills section of Pemberton Township, 40 miles east of Philadelphia.

Companies & People: Scripps Health gains approval for MOB in Oceanside, Calif., in the backyard of a rival hospital
OCEANSIDE, Calif. – Oceanside’s Planning Commission has approved a three-story, 85,000 square foot MOB to be occupied by San Diego Scripps Health.

Companies & People: Phoenix team with Marcus & Millichap brokers six MOB sales in first four months of 2018
PHOENIX – A Phoenix-area team with Calabasas, Calif.-based Marcus & Millichap (NYSE: MMI) found plenty of success selling net-leased MOBs in the first four months of 2018.

Companies & People: Colliers completes HSRE investment
CRE firm closes on acquisition of 75 percent niche investor Harrison Street By Murray W. Wolf Just in case you missed it because the news broke on the day after the Fourth of July, global commercial real estate (CRE) services firm Colliers International Group Inc. (Nasdaq and TSX: CIGI) completed its previously announced strategic investment […]

Companies & People: As it expands into new area, Crown Tenants Advisors hires a new managing director
ATLANTA – In announcing an expansion into Alabama and the Florida Panhandle, Atlanta-based Crown Tenant Advisors, a boutique firm focused on providing HRE services, has hired a new managing director.

Companies & People: Five questions for Tag Birge
As Cornerstone reaches a milestone, he discusses its unique business model By John B. Mugford In the medical office building (MOB) sector, the yearly dollar volume of facility sales has grown quite dramatically during the past two decades, hitting an all-time high of more than $12 billion in 2017, according to real estate research firm […]

Companies & People: Cushman & Wakefield hires Shane Funston as part of its Healthcare Advisory Group
PHILADELPHIA – Chicago-based Cushman & Wakefield Inc. recently named Shane Funston as a senior director of its Commercial Brokerage and Healthcare Advisory groups.

Companies & People: Sarasota (Fla.) Memorial receives one of two CONs for new hospital near Venice, Fla.
VENICE, Fla. – Sarasota, Fla.-based Sarasota Memorial Hospital (SMH) finally received the Certificate of Need (CON) it thought it had received in 2016, allowing the system to move forward with a 90-bed, $225 million hospital about 20 miles to the south in Venice.

Companies & People: McCarthy completes work on $73M project including new inpatient space in Crystal City, Mo.
CRYSTAL CITY, Mo. – St. Louis-based McCarthy in recent weeks completed construction of a new three-story, 120,000 square foot patient building on the campus of Mercy Hospital Jefferson in Crystal City, 30 miles south of St. Louis.

News Release: Hammes Appoints New Vice President for Facility Development
MILWAUKEE, Wis., September 15, 2017 – Hammes Company, the nation’s leader in healthcare facilities development, (hammesco.com) today announced that Marvin Daniels, has joined the firm to meet growing market demand for specialized project management services. Hammes Company is hiring to meet growing demand in most parts of the country, including the Southeast, Midwest and Northeast. […]

News Release: HCP Provides Update on Impact of Hurricane Irma
IRVINE, Calif., Sept. 15, 2017 /PRNewswire/ — HCP, Inc. (NYSE: HCP) today provided an update on the impact from Hurricane Irma. HCP’s preliminary assessment indicates that its assets in the impacted regions incurred either no or limited wind, flood or other storm-related damage. Utility power has been restored at all but one property. “The care […]

News Release: CNL Healthcare Properties Sees Significant Income Gains Across Its Portfolio
With opening of new developments, REIT focused on maximizing property performance (ORLANDO, Fla.) Sept. 14, 2017 — CNL Healthcare Properties, a non-traded real estate investment trust (REIT) invested in seniors housing and healthcare properties, continues its focus on maximizing operating performance across its portfolio and completing its most recent expansion project. Reflecting these efforts, the […]

News Release: Strawberry Fields REIT Acquires A Rehabilitation and Nursing Facility for $21.8 Million
SOUTH BEND, Ind.—September 11, 2017—Strawberry Fields REIT LLC (Strawberry Fields), an owner and lessor of nursing homes, long-term acute care hospital facilities and medical office buildings in the Midwestern and Southern U.S., today announced it has acquired a rehabilitation and nursing facility for $21.8 million. This acquisition was financed with a $15 million loan from […]
News Release: Sold – Grunow Memorial Medical Center
Contact Information Alexandra J. Loye Principal 602.625.4220 alexandra.loye@avisonyoung.com Julie A. Johnson, CCIM Principal 602.684.8558 julie.johnson@avisonyoung.com