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News Release: Griffin-American Healthcare REIT III Announces Updated Estimated Per Share Net Asset Value of $9.37
Irvine, Calif. (Oct. 4, 2018) – Griffin-American Healthcare REIT III, Inc. announced today that its board of directors has approved an updated estimated per share net asset value (“NAV”) of its common stock of $9.37 calculated as of June 30, 2018. Previously, on Oct. 5, 2016, the board approved an estimated per share NAV of […]
News Release: HFF is pleased to announce the sale of The Village at Hawk Pointe, Washington NJ
Holiday Fenoglio Flowler, LP (HFF) has closed the sale of The Village at Hawk Pointe, a 106, 415 SF Hunterdon Healthcare anchored campus in Washington, New Jersey. For detailed information on this transaction please contact: Ben Appel Senior Director 484-532-4214 bappel@hfflp.com Chris Munley Managing Director 484-532-4207 cmunley@hfflp.com Michael Dicosimo Director 484-532-4169 mdicosimo@hfflp.com […]
News Release: Seniors Housing Occupancy Rate Steady at 87.9%
Seniors Housing Occupancy Rate Remains Steady Just Below 88% During Third Quarter Eighth consecutive quarter of inventory growth above 3% annual pace ANNAPOLIS, Md. – The occupancy rate for seniors housing across the United States was steady in the third quarter of 2018, according to new data from the National Investment Center for Seniors Housing […]
News Release: Capital One Closes $28.4M HUD Loan for IL Supportive Living Facility
Capital One Closes $28.4 Million HUD Loan to Refinance Illinois Supportive Living Facility Bethesda, MD (October 3, 2018) – Capital One announced today that it has provided a 35-year, fixed-rate $28.4 million HUD 232/223(f) loan to refinance a supportive living facility in Des Plaines, Illinois, a suburb of Chicago. The property includes 162 assisted living units, […]
News Release: Adolfson & Peterson Construction Completes New Senior Living Facility in Dallas
Dallas, Tex. – Adolfson & Peterson Construction (AP) recently completed a new senior living facility in Dallas, located at 8130 Meadow Rd., near the intersection of Meadow Road and US 75 North Central Expressway, immediately north of Texas Health Presbyterian Hospital Dallas. Designed by Page, developed by Corsair Ventures and financed by US Freedom Capital, […]
News Release: CaroMont Health Expands Primary Care Network to Cramerton
In partnership with leaders and officials from the Town of Cramerton, CaroMont Health announced today the start of construction for a state-of-the-art medical office offering family medicine and specialty care services at the Villages at Cramerton Mills. “We are pleased to partner with the Town of Cramerton to bring compassionate and reliable healthcare care to […]
News Release: Adolfson & Peterson Construction Celebrates the Grand Opening of Wise Health System’s New Surgical Hospital in Denton County
Argyle, Tex. – Adolfson & Peterson Construction (AP), along with Wise Health System employees, Castle Development Group and other friends and colleagues gathered over the summer for a grand opening reception at Wise Health Surgical Hospital in Argyle, TX. Located at 7218 Crawford Road off Interstate 35 where Denton and Argyle meet, the hospital officially […]
News Release: MedSouth is pleased to announce a recent portfolio acquisition.
MedSouth Healthcare Properties, LLC (MedSouth) is pleased to announce the acquisition of a Veterinary Clinic Sale-Leaseback Portfolio comprising of 2 properties with a total of +/-11,000 square feet. The properties are 100% leased and occupied under long-term, absolute net leases. The properties are located in the affluent towns of Cornelius and Mooresville, North Carolina which […]
News Release: JUST SOLD: Medical Office Building Trades for $5.9 Million in West Covina
JUST SOLD: WEST COVINA MEDICAL SQUARE 1539, 1541-1555 W. GARVEY AVE. NORTH | WEST COVINA, CALIFORNIA TRANSACTION SUMMARY CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 1539, 1541-1555 W. Garvey Ave. North located in West Covina, CA at a price of $5,900,000 ($261/SF). The 22,564 SF medical office building was 100% leased […]
News Release: Allegheny Health Network Breaks Ground on McCandless Neighborhood Hospital
AHN, Highmark Health and Emerus broke ground on the new Neighborhood Hospital they are building in McCandless. AHN McCandless will provide more convenient access to high-quality emergency care and other important health services. Officials from Allegheny Health Network (AHN), Highmark Health and Emerus today held a ceremonial groundbreaking for the new Neighborhood Hospital the organizations are building at the corner of […]
News Release: Scale offerings for medical office have arrived
Healthcare Capital Markets Perspective – September 2018 JLL confirms that scale promotes institutional investment The growing size of medical office buildings and the related need for healthcare providers to utilize third-party capital is increasing opportunities for institutional investment in the sector. For the first time, a medical building sold for […]
News Release: HFF announces sale of suburban New York and Philadelphia medical office buildings totaling $34.4M
HFF announces sale of suburban New York and Philadelphia medical office buildings totaling $34.4M on behalf of a global investment advisor Sept. 26, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $34.4 million sale of two hospital and surgery center-anchored medical office buildings (MOBs) in New York and Philadelphia totaling 107,536 square feet on […]
News Release: Denver-Based Healthcare Developer Closes Land Acquisition for New Medical Office Development
National Healthcare Realty, Inc. is pleased to announce the closing of a 4.85-acre parcel of land in the master planned community of RidgeGate, in Lone Tree, Colorado, adjacent to Sky Ridge Medical Center. In conjunction with Northstar Commercial Partners, National Healthcare Development, Inc. will begin the construction of an 80,000 square foot class A medical […]
News Release: Alex Stacy joins Catalyst Healthcare Real Estate as Chief Acquisition Officer
To further support its growth, Catalyst Healthcare Real Estate has added Alex Stacy as Chief Acquisition Officer. This new hire is part of a strategic leadership move to support the firm’s plans to continue to grow within the space of healthcare real estate. Catalyst successfully performed on their largest acquisition to-date in July of 2018 […]
News Release: Montecito Medical Acquires Central Minnesota Medical Office Building
Nashville, Tenn.–(BUSINESS WIRE)–Montecito Medical, a premier owner of medical office properties throughout the United States, has completed the acquisition of a Class A medical office building in Willmar, Minnesota, that houses one of the region’s leading specialty providers. “On behalf of the building owners, I would like to commend the staff of both Montecito Medical […]