News Release: New Patient Tower and Renovations at Mercy Hospital Jefferson
PRESS RELEASE: 03.12.2018 McCarthy has completed construction of a new three-story, 120,000-square-foot patient building on the campus of Mercy Hospital Jefferson in Crystal City, Mo. Constructed to the south of the existing hospital facility, the $73 million tower features 90 private patient rooms and is designed to accommodate a potential vertical expansion to add new […]
News Release: Cornerstone Companies Closes MOB Fund II, Acquires Crittenton Medical Plaza in Oxford, MI
Cornerstone Companies, Inc. announced this month that it has acquired the 19,123-square-foot Crittenton medical office building in Oxford, MI, for a total of $5.7 million. The property was purchased through the Cornerstone MOB Fund II, a private equity fund focused solely on the medical real estate. The acquisition of the Crittenton Medical Plaza is the […]
News Release: NKF and JLL Complete Lease for TeamHealth
Newmark Knight Frank and JLL Complete Lease Relocation and Restructure for TeamHealth Newmark Knight Frank (NKF) and JLL announced the completion of a 51,290-square-foot lease for medical staffing firm TeamHealth. TeamHealth will consolidate and relocate approximately 400 employees to Corporate Pointe at West Hills, located at 8511 Fallbrook Ave. NKF’s Executive Managing Director David Kluth […]
News Release: Healthcare Real Estate-Developer Meridian Sells 104,000 SF Multi-Tenant Office Building in San Mateo County, California for $39.5 Million
Meridian Sells 104,000 SF Multi-Tenant Office Building in San Mateo County, California for $39.5 Million With more than 500,000 SF currently in development/redevelopment and another 500,000-plus SF in the pipeline, Meridian is still aggressively pursuing more value-add general and medical office opportunities throughout California Meridian, a full-service real estate developer and owner of general and […]
News Release: Deal: Capital One Closes $92.4 Million USD Loan to Fund Invesque’s Acquisition Of Premier Canadian Medical Office Building REIT
Capital One Closes $92.4 Million USD Loan to Fund Invesque’s Acquisition Of Premier Canadian Medical Office Building REIT Capital One announced today that it provided a $92.4 million USD adjustable-rate loan to Invesque, a real estate investment company specializing in healthcare and senior living properties throughout North America. Invesque used these funds as part of its acquisition […]
News Release: Health care providers adopt increasingly entrepreneurial real estate strategies
Avison Young releases Topical Report “Evolution of Health Care and its Impact on the Real Estate Landscape in the United States” The health care real estate landscape in the United States has experienced significant transformations in the past couple of decades. Nationwide, more and more services are being untethered from the hospital setting and established on an outpatient basis closer […]
News Release: MedProperties, Cypress West Partners form JV to acquire Phoenix medical office building
The, 50,040 square foot West 101 Gateway MOB has class A finishes, an ideal location near major highways and a full-service medical campus, and excess land for future development PHOENIX and DALLAS, June 13, 2018 – In a continuation of its belief in the strong Phoenix healthcare market, MedProperties Holdings LLC has acquired its fourth […]
News Release: Deal: Capital One Closes $9.3 Million Fannie Mae Loan to Refinance Texas Assisted Living Community
Capital One Closes $9.3 Million Fannie Mae Loan to Refinance Texas Assisted Living Community Capital One announced today that it provided a $9.3 million Fannie Mae fixed-rate loan to refinance The Arbor Assisted Living and Memory Care, a 59-unit seniors housing facility in Nacogdoches, Texas. The sponsor, Prevarian Senior Living, is using the proceeds to retire existing […]
News Release: Griffin-American Healthcare REIT IV Enters Agreement to Acquire Portfolio of Skilled Nursing Facilities in Missouri for $88.2 Million
Griffin-American Healthcare REIT IV Enters Agreement to Acquire Portfolio of Skilled Nursing Facilities in Missouri for $88.2 Million American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has entered into an agreement to acquire a portfolio of skilled nursing facilities located throughout the state […]
News Release: National Leading Healthcare Real Estate Investment Company Expands in Dallas
The Sanders Trust expands with the opening of Dallas office Michael Arvin Selected as Director of Strategy & Development The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, has announced the opening of a new office in Dallas, Texas. With this recent expansion The Sanders Trust has named seasoned strategy director, […]
News Release: Optimal Breaks Ground in Ocala
Optimal Breaks Ground on Comprehensive Cancer Center in Ocala, FL Optimal Outcomes is pleased to announce the groundbreaking of the Ocala Cancer Center for Florida Cancer Specialists & Research Institute (FCS), the leading community oncology/hematology practice in the state. The facility will be located just north of SR200 on SW 48th Avenue in Ocala, FL, adjacent to […]
News Release: How Healthcare Providers Can Benefit from ROFOs and ROFRs
In a recent BOMA MOB conference appearance and a comprehensive new white paper, DOC executives share insights into how hospitals and health systems can maximize the value of their real estate rights when the buildings they occupy come up for sale. June 12, 2018 08:00 AM Eastern Daylight Time HOUSTON & MILWAUKEE–(BUSINESS WIRE)–Rights of first […]
News Release: Meridian Participates in San Francisco Acquisition!
Seavest Investment Group, assisted by Meridian, has closed escrow on a 87,190 square foot, 7-story office building at 939 Ellis Street in San Francisco. The Seller was a joint venture of Seattle-based Columbia Pacific Advisors and San Francisco-based Long Market Property Partners. The purchase price was $49 million. Meridian sourced this opportunity and then assisted […]
News Release: Class A Medical Office Building Sold | Nashville, TN
Investment Sale of Saint Thomas Medical Building 5700 Temple Road, Bellevue, Tennessee Anthony Lunceford and Joe Massa, the Nashville-based Executive Managing Directors of Colliers International’s Healthcare Investment Services group, transacted on the sale of a 22,300 SF three-story medical office building occupied by Saint Thomas Medical Partners. Located just 13 miles from downtown Nashville in Bellevue, […]
News Release: Robins & Morton Tops Out Atrium Health’s Carolina’s HealthCare System NorthEast Modernization Project
CONCORD, N.C. (PRWEB) JUNE 08, 2018 Robins & Morton and Atrium Health’s Carolinas HealthCare System NorthEast gathered on June 7 to officially top out the hospital’s latest modernization project. Attendees celebrated with a special ceremony recognizing the work of the construction team members in reaching the official completion of the steel structure. The project’s scope includes […]
