News Release: Cushman & Wakefield Selected to Oversee $250M Renovation and Expansion of Saint Francis Hospital South Campus ( Tulsa, Okla.)
For Immediate Release Project Totals 283,600 SF, Includes Six-Story Tower Accommodating 124 Patient Rooms TULSA, Oklahoma, June 23, 2021 – Cushman & Wakefield announced today that the Project Development and Services (PDS) practice at the real estate services firm has been retained to provide development management services for the $250 million renovation and expansion of […]
News Release: Caddis hires veteran HRE leader W. Todd Jensen as Executive Vice President, Investments
FOR IMMEDIATE RELEASE In his new position, Mr. Jensen will help Caddis grow its medical office building portfolio and capital relationships throughout the country DALLAS, June 23, 2021 – Caddis® has hired W. Todd Jensen, a veteran healthcare real estate (HRE) professional to serve in the newly created position of Executive Vice President, Investments. “We […]
News Release: $13,000,000 Medical Office Building Sale (Akron, Ohio)
Fairfield Advisors announces sale of 4 Medical Office Buildings / Surgery Center in Akron, Ohio – $13,000,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of a 4 Medical Office Building portfolio in the Akron, Ohio area. The 4 Medical Office Buildings […]
People: Five questions with W. Todd Jensen
Sector veteran joins Dallas-based Caddis to help grow its MOB portfolio By John B. Mugford W. Todd Jensen has plenty of experience in the healthcare real estate (HRE) sector, and in his 25-year career with both public and private companies has been involved in more than 300 transactions topping $5 billion. Dallas-based Caddis, which has […]
News Release: Montecito Medical Acquires Surgery Center and Medical Office Property in Richmond (Va.)
FOR IMMEDIATE RELEASE June 22, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of the Brookfield Commons, a large medical office building and ambulatory surgery center (ASC) in Richmond, Virginia. The three-story facility, with nearly 90,000 square feet of rentable space, was fully […]
News Release: Welltower to Acquire Holiday Retirement’s 86-Property Seniors Housing Portfolio for $1.58 billion in conjunction with Atria’s Acquisition of Holiday Atria Senior Living to Acquire Holiday Retirement
NEWS PROVIDED BY Welltower Inc. Jun 21, 2021, 16:16 ET TOLEDO, Ohio, June 21, 2021 /PRNewswire/ — Transaction is expected to be immediately accretive to Welltower’s next twelve months normalized funds from operations by approximately $0.10 per diluted share; Welltower expects an unlevered IRR in the low double-digit range Portfolio is valued at $152,000 per unit, […]
News Release: Woodside Health Buys Office Complex for $18.2M in Glendale, AZ
For Immediate Release Cushman & Wakefield Arranges Sale of Arrowhead Executive Center Office Complex for $18.2 Million in Glendale, AZ 99,000-sf multi-tenant project 90% leased, situated near abundance of amenities GLENDALE, Ariz., June 21, 2021 – Cushman & Wakefield announced the firm has brokered the sale of Arrowhead Executive Center, a 99,062-square-foot multi-tenant office complex […]
News Release: Anchor Health Properties Expands Northern California Footprint with 106,018 Square Foot Bay Area Acquisition
FOR IMMEDIATE RELEASE June 21, 2021 (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, recently acquired a three-story, 106,018 square foot Class A Medical Office Building in the Burlingame submarket of San Francisco, California. The newly renovated asset was acquired […]
News Release: Woodside Health Announces Sale of the Pavlik Professional Center in Orlando, FL
FOR IMMEDIATE RELEASE Woodside Health Announces Sale of the Pavlik Professional Center in Orlando, FL Cleveland, OH (June 18th, 2021) – Woodside Health is pleased to announce the sale of the Pavlik Professional Center, a 17,000 square foot medical office building in Orlando, FL. Woodside purchased the Orlando-area property in 2015. Anchored by a prominent […]
News Release: Welltower Issues Business and Transaction Update
NEWS PROVIDED BY Welltower Inc. Jun 21, 2021, 16:23 ET TOLEDO, Ohio, June 21, 2021 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued the following business and transaction update which can be found at: https://welltower.com/business-and-transaction-update About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care […]
News Release: Carle breaks ground on Carle at the Riverfront in Danville (Ill.)
06/17/2021 Carle celebrated the start of construction on its new medical campus today with a groundbreaking ceremony held at the site in Danville, Ill. The new facility, Carle at The Riverfront, will consolidate services currently at Carle Danville on Fairchild and Carle Danville on Vermilion and host more than 250 team members from these locations. […]
News Release: Just Closed – Fertility Centers of Illinois
JLL Investment Sale Advisory Healthcare Capital Markets Just Closed Fertility Centers of Illinois Glenview, Illinois The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Fertility Centers of Illinois building in Glenview, Illinois. The 30,264 square foot property was built in 2018 subject to a long-term lease and serves as the […]
News Release: Montecito Medical Acquires Two Orthopedic Properties in Connecticut
FOR IMMEDIATE RELEASE June 17, 2021 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two medical office buildings in Fairfield County, Connecticut, tenanted by Orthopaedic Specialty Group. The two properties — in Fairfield and Shelton respectively — offer a combined total of 113,000 […]
News Release: Steward Health Care to Acquire Five Hospitals in the Miami-Dade/Southern Broward Area From Tenet Healthcare
Acquisition of Tenet hospitals and hospital-affiliated operations will bring greater access to high-quality care in South Florida June 16, 2021 05:20 PM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–Today, Steward Health Care System, LLC (Steward) and Tenet Healthcare Corporation (NYSE: THC) announced that they have signed a definitive agreement regarding the acquisition by Steward of Tenet’s five […]
News Release: Done Deal – Brooklyn’s finest
Medical Office Blueprint’s MOB team announces first closing with sale of 72,000-square-foot trophy medical office building in Brooklyn, New York In late 2020, Blueprint brought on medical office veterans Eric Lee and Chris Lashmet to expand its platform into medical office and provide comprehensive advisory to the healthcare sector while best serving its senior living […]