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News Release: Birmingham-Based Leading Healthcare Real Estate Company Announces $24 Million Acquisition in Tulsa, Oklahoma
The Sanders Trust Acquires $24.5 Million Tulsa, Oklahoma Rehabilitation Hospital Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announced a $24.5 million acquisition in Tulsa, Oklahoma in July 2018. Built in 2017, PAM (Post Acute Medical) Rehabilitation Hospital is a state-of-the-art, 40-bed inpatient rehabilitation hospital. With over […]
News Release: Strawberry Fields REIT Secures Increase on its Series B secured Debentures on Tel Aviv Stock Exchange
South Bend, Ind.— August 13, 2018—Strawberry Fields REIT LLC (Strawberry Fields), Headquartered in South Bend, Indiana, 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 successfully increased its Series B secured debentures on the Tel Aviv Stock Exchange […]
News Release: JUST SOLD – Medical Office Building Trades for $15.7 M ($390 PSF) in Chino Hills, CA
Chino Hills Crossroads Professional Center Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 3110 Chino Avenue located in Chino Hills, CA at a price of $15,700,000 ($390 PSF). The 40,279 SF medical office building was 95% leased at the time of sale. Gary Stache, Anthony DeLorenzo, Doug Mack, Sammy […]
News Release: Mayor Bowser Announces Major Milestone in Partnership with The George Washington University Hospital for New Hospital and Health Services
Partnership Promises First Fully Integrated Healthcare System East of the Anacostia River (Washington, DC) – Mayor Muriel Bowser today announced that her Administration and The George Washington University Hospital (GW Hospital) have signed a Letter of Intent to improve access to high quality healthcare services for Washingtonians, specifically for residents living in Wards 7 and […]
News Release: Welltower Prices $1.3 Billion Senior Unsecured Notes Offering
Toledo, Ohio, Aug. 10, 2018 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has successfully priced its offering of $1.3 billion in aggregate principal amount of senior unsecured notes across three tranches with a weighted average maturity of 15.4 years and blended yield to maturity of 4.4%, including $600 million in 3.95% notes due 2023, $200 million in 4.25% notes due 2028, and $500 million in 4.95% […]
News Release: Flagship Healthcare Trust Announces New Senior Secured Credit Facility
Charlotte, North Carolina – AUGUST 9, 2018 – Flagship Healthcare Trust, Inc. (“Flagship REIT”) announced that it has entered into a new secured term and revolving credit facility with Bank of America, N.A. (the “Secured Credit Facility”). This Secured Credit Facility provides the ability to increase Flagship REIT’s borrowing capacity up to $125 million through […]
Rush Plans Major New Outpatient Care Center on Near West Side
Building at Ashland Avenue and Harrison Street will be focused primarily on cancer and neurological care Rush University Medical Center has submitted plans to construct an 11-story, 530,000-square-foot, state-of-the-art outpatient care center at the northeast corner of Ashland Avenue and Harrison Street on the near West Side of Chicago. It will be directly across Ashland […]
News Release: UC Davis Announces New Second Hospital on University’s Sacramento Campus
Joint Venture, Inpatient Rehab Hospital Is First Aggie Square Project Sacramento, Calif. – The University of California, Davis, today announced that along with Kindred Healthcare, it will construct and operate a second hospital on its downtown Sacramento campus to provide more inpatient rehabilitation services in Sacramento County. The facility will provide care for twice as […]
News Release: Capital Square 1031 Completes DST Offering of Newly Constructed Dialysis Clinic Near Bakersfield, California
Richmond, Va. (Aug. 8, 2018) – Capital Square 1031, a leading sponsor of Delaware statutory trust investments, announced today that CS1031 California MOB I, DST, comprised of a newly constructed dialysis clinic near Bakersfield, Calif., has been fully subscribed by a total of 16 investors. “This DST investment in California illustrates Capital Square’s ability to […]
News Release: Welltower Announces Promotions and New Structure for Corporate Finance and Asset Management
Toledo, Ohio, Aug. 7, 2018 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced the promotion of Shankh Mitra to Executive Vice President and Chief Investment Officer from his current position as Senior Vice President, Investments and the promotion of Tim McHugh to Senior Vice President, Corporate Finance from his current position as Vice President, Finance and Investments. Additionally, Tim Lordan has been […]
News Release: HSHS St. Mary’s Hospital and HSHS Medical Group Break Ground On New Medical Office Building
Decatur, Ill. – HSHS St. Mary’s Hospital and HSHS Medical Group held an official groundbreaking ceremony to celebrate the beginning of construction on our newest medical office building. Hospital and medical group leaders took part in a short ceremony and prayer followed by a ceremonial groundbreaking. The new building will be home to the HSHS […]
News Release: Physicians Realty Trust Announces Amendment and Extension of Credit Agreement
Announces Commencement of Rent on Kennewick MOB Milwaukee –(BUSINESS WIRE)–Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed healthcare real estate investment trust, today announced that it entered into an amended and restated credit agreement (the “Credit Agreement”), extending the maturity date of the Credit Agreement from September 18, […]
News Release: Mercy Health – Springfield to Build Freestanding Emergency Department on New Medical Campus in Enon
Enon, Ohio – Mercy Health – Springfield announces that it is building a freestanding Emergency Department in Enon, Ohio. The new emergency department is the centerpiece of a new Mercy Health medical campus, which will open in Enon in the fourth quarter of 2019. “Mercy Health’s new medical campus in Enon will help meet demand […]
News Release: Healthcare Trust of America, Inc. Reports Second Quarter 2018 Earnings
Normalized FFO of $0.41 Per Diluted Share $294 Million of Dispositions Under Contract Same-Property Cash NOI Growth of 2.6% Scottsdale, Ariz., Aug. 2, 2018 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the three and six months ended June 30, 2018. Operating Second Quarter 2018: Net Income Attributable to Common Stockholders: Increased 359.3% to $15.3 […]
News Release: A M King Completes Multi-Tenant Medical Office Building
A M King Completes Multi-Tenant Medical Office Building in Steele Creek Charlotte, NC—A M King, an integrated Design-Build firm, announced that it has completed construction of a new medical office building at the intersection of Steele Creek and South Tryon Streets. The two-story building is a joint venture between The Keith Corporation (TKC) and Sports […]