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Industry Pulse: Millennials bring online behavior to Healthcare
Millennials are also more likely to use walk-in clinics, telemedicine and wellness programs A new research study has found that millennials – who now outnumbers baby boomers – are more comfortable with nontraditional engagement with their healthcare providers, and are more likely to apply shopping habits commonly found in the online retail realm to their […]
Post-Acute & Senior Living: Senior community outside of Seattle changes hands for $50.5M; ESI brokers sale
Garden Court Retirement Community, a 148-unit independent and assisted the living community in Everett, recently traded for $50.5 million, or $341,000 per unit. The facility was completed in 2002
Post-Acute & Senior Living: Newly passed Illinois senior housing law green lights $60 million Chicago project
A newly passed Illinois law will allow a developer to move forward with plans to convert a vacant 10-story building on Chicago’s North Side into an affordable senior housing community. The new law
Post-Acute & Senior Living: Ryan Companies joins JV partnership on $16.7 million, 172-unit Florida senior project
A team with Pittsburgh-based Holliday Fenoglio Fowler LP (NYSE: HF) recently arranged a $16.7 million joint venture (JV) partnership for the development of the 172-unit Grand Living at Lakewood
Outpatient Projects: NexCore Group starts work on 37,800 square foot clinic for CHI Health near Omaha, Neb
Denver-based NexCore Group LP broke ground recently on a future clinic in Council Bluffs, a suburb of Omaha, Neb., that will be occupied by the area’s largest healthcare provider, CHI Health, part
Outpatient Projects: Five developers vying for $200 million, 250,000 square foot Penn Medicine project near Philly
The University of Pennsylvania Health System (Penn Medicine) recently received preliminary approval for the development of a $200 million, 250,000 square foot medical facility on the site of a
Post-Acute & Senior Living: Tryko adds 129-bed Philly-area facility to SNF portfolio, plans a renovation
Brick, N.J.-based Tryko Partners LLC recently acquired the two story, 129-bed ManorCare Health Services at Mercy Fitzgerald Hospital skilled nursing facility in Yeadon, near Philadelphia.
Transactions: Montecito Medical adds to its portfolio in buying a 34,554 square foot MOB in Salem, Ore
Montecito Medical Real Estate recently acquired a two-story, 34,554 square foot MOB at 5050 Skyline Village South in Salem, according to the company. WVP-The Doctors’ Clinic is fully occupied by
Outpatient Projects: Seavest, Trammell Crow open pavilion anchored by Children’s Hospital of San Antonio
In more news from Trammell Crow Company, a recent ribbon cutting ceremony opened the new Children’s Hospital of San Antonio Health Pavilion – Stone Health at 1434 E. Sonterra Blvd.
Outpatient Projects: HTA’s new development platform moves forward on its own project in Miami
When Healthcare Trust of America Inc. (NYSE: HCA) acquired Duke Realty Corp.’s (NYSE:DRE) development platform and most of its medical office buildings (MOBs) in 2017, it said that it planned
News Releases: Madison Marquette and PMRG in Merger Discussions
Madison Marquette, one of the nation’s leading privately held commercial real estate investment and operating companies, and PMRG, one of the nation’s premier privately held commercial real estate firms specializing in project leasing, property management,
News Releases: Andy Dow Leads Healthcare Real Estate Conference Panel on ‘New Era’ of Third-Party Capital
HOUSTON, May 25, 2018, — Capital constraints, new competition and aggressive pricing were among the challenges discussed by
News Releases: Advocate Aurora Health to Expand Access to High Quality Care in Racine County
Newly Combined System Advances Commitment to Improve Access to Convenient and Affordable Care Racine County, WI —¬¬ Advocate Aurora Health announced today their plans to expand access to top quality health care in Racine County, a region identified as one of the fastest growing areas in
News Releases: Just Closed :: Pinnacle Orthopaedics Woodstock
CBRE U.S. Healthcare Capital Markets acted as the exclusive advisor for the sale of Pinnacle Orthopaedics Woodstock in Woodstock, Georgia. Sale Date: May 7, 2018 Property Size: 31,764 SF Occupancy: 100%
News Releases: Ready Capital Structured Finance Closes Non-Recourse Loans for approximately $60 Million in California, Colorado, Virginia, North Carolina and Texas
NEW YORK, May 24, 2018 (GLOBE NEWSWIRE) — Ready Capital Structured Finance, a nationwide commercial real estate bridge and mezzanine lender, announces the closing of non-recourse loans in