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Inpatients Projects: Novant Health opens new $67 million replacement orthopedic hospital in Charlotte
Charlotte-based Novant Health in mid-October opened a new replacement orthopedic hospital in midtown Charlotte, next to Novant Presbyterian Medical Center.
Companies & People: Stage Equity opens new regional office in Texas, hires Teresa Eoff as executive VP
Chicago-based Stage Equity Partners LLC, which invests in healthcare facilities, has opened an office in Texas and hired Teresa Eoff as executive VP there.
Trasactions: Virtus Real Estate acquires MOB in Hialeah, Fla.; hires Aurum to manage facility
Austin, Texas-based Virtus Real Estate LLC, a private equity firm, recently acquired the 68,000 square foot Hialeah Medical Plaza, an MOB attached to the 378-bed Hialeah Hospital, part of Tenet Healthcare Corp. West Palm Beach, Fla.-based Aurum Property Partners LLC marketed the property for the seller, […]
Post-Acute & Senior Living: Strawberry Fields, a SNF-focused REIT, pays $21.8 million for Louisville facility
South Bend, Ind.-based Strawberry Fields REIT LLC, which has a portfolio of 59 skilled nursing facilities (SNFs) in seven states, recently purchased the 88.5 percent
Companies & People: CNL Healthcare sees 8.3 percent increase in same-store Q2 NOI vs. previous year
In the second quarter (Q2) of 2017, Orlando-based CNL Healthcare Properties, a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties,
Companies & People: Hammes Company hired to work on $1 billion campus transformation in Cleveland
Brookfield, Wis.-based Hammes Company was recently retained by Cleveland based Metro Health System to act as the owner’s representative on the system’s six-year, $1 billion transformation project at its flagship hospital campus.
Outpatient Projects: Facilities to bolster Arizona system
Nex-Core to develop 175,000 s.f. outpatient campus at hospital in recreational region By John B. Mugford As most well-established, experienced healthcare development firms know, not all opportunities present themselves through requests for proposals (RFPs).
Industry Pulse: Tenet said to be considering a sale
System working with bankers to “explore strategic options” Citing “people familiar with the matter,“ the Wall Street Journal has reported that Tenet Healthcare Corp. (NYSE: THC) is “exploring its strategic options,” including a possible sale of the hospital company,
Post-Acute & Senior Living: Sabra pays $378 million for 21 SNFs on the West Coast; to sell 43 Genesis facilities
Irvine-based Sabra Health Care REIT (Nasdaq: SBRA) recently said it acquired 21 skilled nursing facilities on the West Coast for $378 million.
Transactions: Inland Real Estate affiliate purchases two MOBs near Hartford, Conn., for $16M
Oakbrook, Ill.-based Inland Real Estate Acquisitions Inc. recently facilitated the acquisition of two MOBs in New Britain by an affiliate of The Inland Real Estate Group LLC.
TRANSACTIONS: Anchor Health Properties adds to San Diego portfolio with two acquisitions
SAN DIEGO – Wilmington, Del.-based Anchor Health Properties is continuing its growth mode, as the company that once focused most of its efforts on healthcare developments has emerged as a significant player in the MOB acquisitions arena.
TRANSACTIONS: DOC to acquire more Minnesota MOBs
Physicians Realty Trust agrees to buy additional facilities from developer Davis By John Mugford When Milwaukee-based Physicians Realty Trust (NYSE: DOC) acquired a portfolio of eight medical office buildings (MOBs) from The Davis Group in early 2015, officials with both firms said the transaction was likely the start of a new, ongoing relationship. That relationship is continuing this fall with a recent […]
TRANSACTIONS: Bentall Kennedy LP acquires 101,142 square foot MOB in Portland for $49.6M
PORTLAND, Ore. – When the sale of the 100 percent leased Oregon Clinic Gateway MOB in Portland was announced Aug. 18, the buyer and , the sale price were not disclosed.
INPATIENT PROJECTS: UM UCH submits regulatory applications for three projects to cost about $160 million
BEL AIR, Md. – The University of Maryland Upper Chesapeake Health (UM UCH) recently submitted regulatory applications for three projects it’s planning to develop in Northern Maryland for an estimated cost of $160 million.
INPATIENT PROJECTS: Work begins for five-year expansion of McLaren Northern Michigan Hospital
PETOSKEY, Mich. – Construction has begun on a new parking lot in preparation for the expansion of McLaren Northern Michigan hospital in the northern Michigan town of Petoskey, according to the Petoskey News-Review.