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News Release: H2C Advises John Muir Health on Issuance of Series 2018A Fixed-Rate Bonds
Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, through its wholly-owned subsidiary H2C Securities Inc. (“H2C”), served as the exclusive financial advisor to John Muir Health (“JMH”), based in Walnut Creek, Calif., in connection with the issuance of $87.025 million in Series 2018A tax-exempt, fixed-rate bonds. JMH retained H2C to advance refund its […]
News Release: Bay Medical Sacred Heart is now part of Ascension’s Sacred Heart Health System
Ardent Health Services and Ascension’s Sacred Heart Health System have completed the sale of Ardent’s interest in Bay Medical Sacred Heart to Ascension. The transaction includes the hospital and related physician clinic operations in Panama City and Bay County, Florida. Sacred Heart has announced plans to launch a $47 million project to rebuild facilities and […]
News Release: CNL Healthcare Properties II Announces Agreement to Sell Medical Office Building, Estimated Net Asset Value Per Share
CNL Healthcare Properties II, a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties, announced today that it has reached an agreement with HCP Medical Office Buildings, LLC to sell its Mid-America Surgery Center property for $15.4 million. The sale is expected to close in the second quarter of 2019 pending […]
News Release: Amboy Bank Provides $51M Financing for Former NFL Player Turned Developer
Amboy Bank, a full-service commercial bank based in Old Bridge, New Jersey, and K Johnson Enterprises, LLC (“K Johnson”), a real estate and business development company founded and led by former NFL player Kevin Johnson, today announced that they have closed on a sequence of construction loans for K Johnson Enterprises, LLC, supplying financing of approximately $51 […]
News Release: AdventHealth brings only inpatient hospital to Winter Garden
Leaders and community members came together today to break ground on a 100-bed inpatient pavilion at AdventHealth Winter Garden — the only inpatient facility to serve the fast-growing community. The seven-story, approximately 300,000-square-foot building will complement the existing 24-bed emergency room and medical office building on the site at 2000 Fowler Grove Blvd. “West Orange […]
News Release: HFF Exclusive — HFF announces $11.468M sale of medical office building on Long Island
Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $11.468 million sale of the sale of a 16,920-square-foot outpatient imaging facility that is triple net master leased to the New York University School of Medicine in the Long Island community of Garden City, New York. The HFF team marketed the property on behalf […]
News Release: Highmark and Geisinger complete joint venture for new health care organization
New organization expands access to affordable, high-value care in Clinton, Lycoming, Sullivan and Tioga counties Geisinger and Highmark Health today announced the completion and details of a previously-announced clinical joint venture. The organizations signed of a letter of intent to explore the joint venture in May 2017, and in the time since have been working […]
News Release: Stream Realty Partners launches healthcare division in San Antonio
Stream Realty Partners (Stream), a full-service national real estate investment, development, and services company, announces the addition of a new healthcare real estate division to its San Antonio office with the hiring of Lee McKenna, Senior Associate and Julie Kleberg, Associate. “Lee’s intimate understanding of the healthcare industry and deep local relationships combined with Julie’s medical real estate experience in […]
News Release: McCarthy Completes Children’s Hospital Outpatient Center at Erlanger
Recently, McCarthy Building Companies, Inc. completed the Children’s Hospital Outpatient Center (CHOC) project located within Children’s Hospital at Erlanger in Chattanooga, TN. Also serving as the hospital’s new entrance, the new three-story 90,000 square-foot center houses 72 rooms for an array of services including pediatric imaging, lab services, pharmacy and pediatric specialty clinics such as cardiology, neurology, genetics, gastroenterology […]
News Release: Community Healthcare Trust Incorporated Announces the Appointment of David H. Dupuy as Chief Financial Officer
Community Healthcare Trust Incorporated (NYSE: CHCT) (the “Company”) today announced the appointment of David H. Dupuy as Executive Vice President and Chief Financial Officer, effective May 1, 2019. W. Page Barnes, the Company’s current Chief Financial Officer, will remain with the Company and assume the newly-created role of Chief Operating Officer. Mr. Dupuy, 50, previously served as Managing Director of […]
News Release: Lenox Hill Hospital explores major revitalization plans
Plan includes private patient rooms, expanded ED, new surgical suites To match investments it has made in recruiting nationally recognized physicians and expanding clinical programs, Lenox Hill Hospital today announced it is preparing a comprehensive renewal plan aimed at ensuring the future success of the storied acute-care facility on Manhattan’s Upper East Side. The goal is to […]
News Release: MMC to Build New Scarborough Campus Medical Office Building
Maine Medical Center (MMC) will invest $59 million in a new Maine Medical Partners (MMP) medical office building at its Scarborough campus as part of its overall expansion and modernization project. The 108,000-square-foot, three-story building will be home to Maine Medical Partners practices including Neurology, Neurosurgery & Spine, Otolaryngology (Ear, Nose & Throat) and Vascular […]
News Release: Global Medical REIT Inc. Announces Fourth Quarter and Year-End 2018 Financial Results
Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires purpose-built healthcare facilities and leases those facilities to strong healthcare systems and groups with leading market share, announced today its financial results for the quarter and year ended December 31, 2018 by posting its […]
News Release: Amazon, Berkshire Hathaway, JPMorgan Chase Health Care Venture Launches Website and Announces Its Name: Haven
Today, the health care organization founded by Amazon (NASDAQ: AMZN), Berkshire Hathaway (NYSE: BRK.A, BRK.B), and JPMorgan Chase (NYSE: JPM), announced its name – Haven – and launched a new website at www.havenhealthcare.com. “We want to change the way people experience health care so that it is simpler, better, and lower cost,” explained Haven CEO Atul Gawande, MD, […]
News Release: NexCore Group breaks ground on CHI Saint Joseph Health Winchester MOB
The 24,693-square-foot facility is the latest example of NexCore Group’s collaboration with Catholic Health Initiatives to maximize efficiency and expand services across the United States In a continuing initiative to optimize efficiency of healthcare facilities nationwide for client Catholic Health Initiatives (CHI), NexCore Group has started construction on a medical office building (MOB) in Kentucky […]