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News Release: D’Agostino Companies to develop medical office building in Sugar Land, Texas
Transwestern today announces it has been retained to provide leasing services on behalf of D’Agostino Companies for a medical office development at 6921 Brisbane Court in Sugar Land, Texas. Transwestern Executive Vice President Justin Brasell and Senior Leasing Associate Christian Connell are providing healthcare leasing services for the 38,800-square-foot project within the Telfair master-planned community. Construction is […]
News Release: MedCore Partners and The National Realty Group (TNRG) Announce the Start of Construction on Fountainwood at Lake Houston, a Senior Living Community near Lake Houston
MedCore Partners and TNRG announce the commencement of construction on a 7-acre site on the northeast corner of W. Lake Houston Parkway and Will Clayton Parkway for a 190-unit senior living community. Situated just off the shores of Lake Houston and offering premier senior living services to the northeast Houston sector, Fountainwood at Lake Houston […]
News Release: Blake Williams Named Chief Operating Officer For Healthcare Advisory Services
(Feb. 20, 2019 – houston) – Transwestern Commercial Services (TCS) today announces Blake Williams has been promoted to Chief Operating Officer, Healthcare Advisory Services to drive innovation across the Transwestern enterprise. In this newly created role, he will coordinate business development efforts, streamline project execution and ensure consistent service delivery for healthcare clients nationally. Based […]
News Release: Healthcare Trust of America, Inc. Reports 2018 Results And 2019 Earnings Guidance
Record Earnings Per Share of $1.02 for 2018 2.5% Same-Property Cash NOI Growth, including 2.7% Growth in Q4 2018 5.4x Net Debt/Adjusted EBITDAre and $1.1 Billion in Liquidity Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the quarter and year ended December 31, 2018. “In 2018, HTA demonstrated its ability to execute in all […]
News Release: Stan Johnson Company Arranges Sales of St. Vincent Medical Group Facility in Middletown, Indiana
Stan Johnson Company, one of the nation’s premier net lease brokerage firms, has completed the sale of a free-standing 3,800-square-foot healthcare building occupied by St. Vincent Medical Group. At 602 North 5th Street in Middletown, Indiana, the facility is strategically located 15 miles southwest of Muncie, Indiana and only one hour from Indianapolis. The property […]
Thought Leaders: How is Healthcare M&A Activity Impacting Real Estate Strategy?
Healthcare M&A activity and the impact on real estate strategy In 2017, we saw the beginning stages of major consolidation and change. 2018 followed a similar path as healthcare M&A activity continued to increase. Large scale acquisitions impacting regional and national healthcare delivery were announced and some were finalized. Mega-deals like CVS-Aetna and competing for […]
News Release: HCP Reports Fourth Quarter and Year Ended 2018 Results
HCP, Inc. (NYSE: HCP) today announced results for the fourth quarter and full year ended December 31, 2018. FOURTH QUARTER 2018 AND RECENT HIGHLIGHTS – Diluted net income of $1.73 per share, diluted NAREIT FFO of $0.41 per share and diluted FFO as adjusted of $0.43per share – Closed on the previously announced sale of Shoreline Technology Center in Mountain View, […]
News Release: CVS Health Testing New HealthHUB Store Format
When CVS Health completed its acquisition of Aetna in November 2018, it set a bold course to transform the consumer health care experience in America. Today, the combined company is taking an important step in its work with the introduction of HealthHUB® locations at CVS Pharmacy stores in Houston, Texas. “We believe that transforming the consumer health care […]
News Release: Award-winning Ambulatory Dental Surgery Center in Charlotte Complete
Construction is complete on state accredited dental surgery center for Carolinas Center for Oral & Facial Surgery, DBA Valleygate Dental Surgery Center of Charlotte A M King and The Keith Corporation (TKC) announced today that construction is complete for a single specialty, dental-only ambulatory surgery center in the University area of Charlotte. The new facility […]
News Release: Stage Equity Partners Acquires Inverness Dental & Medical Plaza in Birmingham, AL
Chicago-based Stage Equity Partners (Stage Equity), has acquired Inverness Dental & Medical Plaza located at 202 Inverness Center Drive in Birmingham, AL, from Inverness Dental Associates, LLC. Purchase price was not disclosed. Said Stage Equity Partner Brian Howard, “We worked directly with the physician and dentist owners to structure a sale-leaseback that best serves the […]
News Release: Welltower Announces Addition of Kathryn Sullivan to Board of Directors
Welltower Inc. (NYSE: WELL) announced today the appointment of Kathryn M. Sullivan, CPA to its Board of Directors. The Company also announced the retirement of Judith Pelham and Geoffrey Meyers from the Board. “Kathryn is a respected health care executive with an in-depth understanding of the U.S. health system,” said Jeff Donahue, Welltower’s Board Chair. “Her functional depth and breadth of experience […]
News Release: For Sale: 3838 California, San Francisco – Anchored by Sutter Health
OFFERING SUMMARY HFF is pleased to present to qualified investors the opportunity to acquire the 100% fee simple interest in 3838 California (the “Property”), an 82,805(1) square foot institutional-quality medical office building located in the prestigious Presidio Heights neighborhood within the City of San Francisco. The Property represents a fortress risk profile, and the first […]
News Release: Cornerstone Companies, Inc. MOB Fund Acquires $18.6M Portfolio
Cornerstone Companies, Inc. recently announced the purchase of three healthcare real estate properties totaling more than 94,000 sf in Texas, Louisiana and Illinois for a total of $18.6 million. The properties were acquired by Cornerstone MOB Fund III, a private equity fund focused solely on medical real estate. Over the past three years, Cornerstone has […]
News Release: JUST SOLD – Premier Coastal Medical Office Building Trades for Record-Setting Price in Newport Beach, CA
CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 1601 Avocado Avenue in Newport Beach, California. Anthony DeLorenzo, Gary Stache, Doug Mack, and Chris Bodnar of CBRE represented the seller, a private investor. The buyer, a renowned medical institution, will operate its first Orange County facility at the property. The sale reflected […]
News Release: Macada Properties welcomes Jonathan Epstein, CCIM as Vice President of Real Estate
Jonathan Epstein, CCIM joined Macada Properties as their Vice President of Real Estate. Epstein has been in the Commercial Real Estate field for over 15 years, under the mentorship of his father, Jeff A. Epstein and his partner, William M. Berger at Berger-Epstein Associates, Inc. Epstein is a fourth-generation real estate professional in the Lehigh Valley […]