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News Release: Capital One Closes $242.7 Million Loan to Recapitalize Seniors Housing Portfolio
Bethesda, Md. (July 23, 2018) – Capital One announced today that it acted as sole lead arranger, sole bookrunner, and administrative agent on a $242.7 million senior secured term loan for a joint venture managed by Seattle based alternative investment firm, Columbia Pacific Advisors. The proceeds were used to facilitate the recapitalization and acquisition of a […]
Post-Acute & Senior Living: Confluent, Harbor Retirement start work on Memphis, Tenn.-area senior community
Denver-based Confluent Senior Living and Vero Beach, Fla.-based Harbor Retirement Associates (HRA) have started construction on the three-story, 123-unit Harbor Chase of German town assisted
News Release: Nationally Recognized Dreyer Joins Taylor Design
Taylor Design Appoints Laurie Dreyer to Director of Development Irvine, CA (July 20, 2018) — Taylor Design, a strategy-based architecture and interior design firm, has appointed Laurie Dreyer as its Director of Development. In this role, Dreyer will focus on corporate communications, recruitment and overall growth for this 100% employee-owned firm. Dreyer is nationally recognized in […]
News Release: Bull Realty Brokers $10.4 Million Medical Office Building in TN
Atlanta (July 19, 2018) — The Healthcare Real Estate Services Group at Bull Realty brokered the sale of the Knoxville Dermatology Group building, a Medical Office Building located on 2.65 acres in Knoxville, TN. The sale closed on July 16, 2018 for $10,400,000. The property is 100% occupied by Knoxville Dermatology Group, who has been […]
News Release: It’s a Done Deal: Fieldhome
Raymond James advises Fieldhome on the sale of its Skilled Nursing Facility, Assisted Living Facility and Children’s Day Care Program to Personal Healthcare Net transaction proceeds were contributed to the Field Hall Foundation, which Fieldhome will continue to operate, enabling Fieldhome to continue its mission through the provision of grants to area programs that address […]
News Release: HFF announces $30M sale of and $25M financing for Physicians Medical Center in the Bay Area
HFF announces the $30 million sale of and the $25 million financing for Physicians Medical Center, a 70,705-square-foot, purpose-built medical office building immediately south of San Francisco in Daly City, California. The HFF team represented the seller, Swift Real Estate Partners, and procured the buyer, Pinnacle Capital Management Services (PCMS) and joint venture investment partners, […]
News Release: Marcus & Millichap arranges the sale of a 3,736-square-foot property type
St Petersburg, Fla., July 18, 2018 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of BayCare Urgent Care, a 3,736-square-foot hospital in St. Petersburg, Fla., according to Ari Ravi, regional manager of the firm’s Tampa office. The […]
News Release: Cornerstone Companies Selected as Developer and GC for $17.6 million Goodman Campbell Brain & Spine Facility
Goodman Campbell Brain & Spine facility underway in Carmel, IN Cornerstone has been selected as the developer and general contractor for a medical office building set to open its doors in May 2019. The two-story, $17.6 million facility will be occupied by Goodman Campbell, a team specializing in physiatry, physical therapy, neurosurgery and spine-related pain […]
News Release: MorningStar Senior Living, Confluent Senior Living Begin Construction on Happy Valley Community
MorningStar Senior Living, Confluent Senior Living Begin Construction on Happy Valley Community Project Partners Begin Second Development in Metro Portland Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on a new 83,300-square-foot senior living community in Happy Valley, Ore. Named MorningStar of Happy Valley, the development in the southeastern suburb of Portland will […]
News Release: Texas Health Resources and Adventist Health System to Build New Health Care Campus in Mansfield, Texas
$150 million community hospital and medical office building to open in 2020. Mansfield, Texas, July 12, 2018 (GLOBE NEWSWIRE) — Texas Health Resources and Adventist Health System are building a new health care campus in Mansfield, one of the fastest growing areas of North Texas. Texas Health Hospital Mansfield, scheduled to open in late 2020, […]
News Release: Leading National Healthcare Property Company Acquires $27 Million Rehabilitation Hospital in Texas
The Sanders Trust acquires $27 Million Rehabilitation Hospital in Texas The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, recently announced a $27 million acquisition in Kyle, Texas. Warm Springs Rehabilitation Hospital is a two-story rehabilitation hospital that totals 54,500 rentable square feet and is the only freestanding, licensed rehabilitation hospital […]
News Release: HFF announces $14.5M financing for two medical office properties in Phoenix
HFF announces financing totaling $14.5 million for 101 Gateway and Paradise Valley Professional, two medical office properties in Phoenix, Arizona. The HFF team worked on behalf of the borrower, Cypress West Partners, to secure two floating-rate acquisition loans through CIT Group Inc.’s Healthcare Finance unit. A $6.7 million, 36-month loan was arranged for 101 Gateway, […]
News Release: LifeCare partners with JLL to manage operations across 19 hospitals
Partnership prioritizes facility management to enhance the patient experience, reduce costs and mitigate risk through compliance Dallas, July 11, 2018 – With healthcare facilities and infrastructures aging and the potential disruption to patient care and compliance risk, LifeCare Health Partners has decided to engage JLL in a full-scale, integrated facilities management agreement. The five-year agreement includes […]
News Release: Patrick McCurdy, AIA, Joins Hoefer Wysocki to Lead its Midwest Healthcare Practice
Greater Kansas City, MO. – July 11, 2018 – Hoefer Wysocki today announced that Patrick McCurdy, AIA, has joined the firm as Vice President, Healthcare Practice Leader. Patrick brings nearly 30 years of global healthcare expertise in leadership, project management and design excellence. Patrick is passionate about continuous improvement and lean methodology as related to […]
News Release: Sold – Banner Health Desert Ridge
JLL is pleased to announce the sale of Banner Health Desert Ridge Phoenix, Arizona The property is a +/- 29,350 SF medical office build-to-suit for Banner Health with great visibility along the Loop 101 and within close proximity to State Route 51. The sale closed on June 6, 2018. Seller: Ryan Companies Buyer: Inland Real […]