News Release: PMB Completes Extensive $18.9 M Hospital Conversion
PMB Completes Conversion of Community Rehabilitation Hospital South in Greenwood IN San Diego, CA (November 27, 2018) – PMB, one of the leading and most experienced developers focused exclusively on the continuum of care, has announced the completion of an extensive $18.9 million conversion of Community Rehabilitation Hospital South. Community Health Network and Kindred Healthcare […]
News Release: Cushman & Wakefield Arranges $10m Sale of Cape Coral Surgery Center
Gino Lollio, Scott Niedergang, Gary Tasman Represented Ownership Group CHICAGO, November 27, 2018 – Cushman & Wakefield has arranged the $10 million sale of Cape Coral Surgery Center Medical Office Building in Cape Coral, Fl. Gino Lollio and Scott Niedergang of Chicago, brokers in the firm’s Healthcare Advisory Practice, Capital Markets, with the assistance of […]
News Release: Seavest and Trammell Crow Company begin development of Neighborhood Hospital for Allegheny Health Network
The firms are helping to bring expanded emergency services, cancer care and other medical services to Westmoreland County, Pa. HEMPFIELD TOWNSHIP, Pa., and WHITE PLAINS, N.Y., Nov. 27, 2018 – Patients of Allegheny Health Network (AHN), a subsidiary of Highmark Health, will soon have a new convenient, state-of-the-art care option in Hempfield Township, Westmoreland County, […]
News Release: Avison Young negotiates 123,944-sf office building acquisition for Northwest Community Healthcare
Avison Young assists Northwest Community Healthcare (NCH) in the acquisition of a 123,944-sf office building Leading area healthcare provider more than doubles its non-clinical footprint, adds to 500,000-sf Chicago market portfolio Nov. 27, 2018, Chicago, IL – Avison Young announced today that it has negotiated the acquisition of a 123,944-square-foot (sf) office building located at 3040 Salt Creek Lane in […]
News Release: Announcement – $6,000,000 Medical Office Sale in Dayton, OH. – Fairfield Advisors
Fairfield Advisors announces the sale of a 4 Medical Office Building Portfolio in Dayton, OH. – $6,000,000 Transaction – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of a 4 Medical Office Building portfolio located in the Dayton, OH-area. The medical buildings total 46,178 square feet. DaVita Medical […]
News Release: Broe Real Estate Group Sells Medical Pavilion
Plans to Reinvest in Local Market NEWS PROVIDED BY Broe Real Estate Group 08:08 ET DENVER, Nov. 27, 2018 /PRNewswire/ — Broe Real Estate Group (BREG), a private real estate investment firm headquartered in Denver, CO, confirmed the sale of a 121,789 square foot medical pavilion located at 9601 Blackwell Road in Rockville, MD. Constructed in 2000, Shady Grove Medical Pavilion was […]
News Release: American Healthcare Investors Negotiates Credit Facility of up to $650 Million on Behalf of Griffin-American Healthcare REIT IV
Irvine, Calif. (Nov. 27, 2018) – American Healthcare Investors, LLC and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT and certain of its subsidiaries have entered into a new credit facility totaling $400 million with Merrill Lynch, Pierce, Fenner & Smith Incorporated, Key Bank Capital Markets and […]
News Release: Hanley Investment Group Arranges Sale of MedExpress Urgent Care Ground Lease in O’Fallon, Illinois
This transaction marks the fourth single-tenant MedExpress sold by Hanley Investment Group in the last 18 months. CORONA DEL MAR, Calif. – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a single-tenant retail […]
News Release: Capital One provides two loans totaling $329.6 million to refinance two medical office building portfolios
FOR IMMEDIATE RELEASE Capital One Provides $107 Million Loan to Refinance Medical Office Building Portfolio Chicago, Ill. (November 26, 2018) – Capital One announced today that it provided a $107 million adjustable rate loan to refinance a 20-asset medical office building portfolio totaling 789,000 square feet. The borrower is a joint venture owned by Kayne Anderson […]
Industry Pulse: Two more MOB portfolios hit the market
Offered together, the Flagship and HSA packages total 479,092 square feet If 2017 was “The Year of the Portfolio” with respect to the total dollar volume of multi-asset medical office building (MOB) transactions, 2018 might be shaping up to be “The Year of the Portfolio” in terms of the sheer number of MOB portfolios being […]
News Release: Florida Hospital Flagler Set to Build $25 Million Freestanding ER, Medical Office Building in Palm Coast
Palm Coast, Fla., November 20, 2018 – During Monday evening’s Flagler County Board of County Commissioners meeting, Florida Hospital Flagler agreed to purchase six acres in northern Flagler County to build a hospital-based emergency department and a medical office building. Located near I-95 Exit 293 at Matanzas Woods Parkway, near Matanzas High School, Florida Hospital Flagler […]
News Release: Penn Med under construction on Phila’s Main Line
IMC Construction to Build Penn Medicine’s new Outpatient Facility Advanced outpatient care center located in Radnor Philadelphia, PA (Nov 2018) — IMC Construction, a nationally-recognized, full-service construction company, broke ground recently on a multispecialty outpatient facility for the University of Pennsylvania Health System. The four-story, 250,000-square-foot center in Radnor further expands Penn Medicine’s services throughout […]
News Release: Carter Validus Mission Critical REIT II, Inc. Reports Third Quarter 2018 Results
Tampa, Fla.–(Business Wire)–Carter Validus Mission Critical REIT II, Inc., or the Company, announced today its financial and operating results for the quarter ended September 30, 2018. 2018 Third Quarter Summary Net income attributable to common stockholders totaled $7.7 million. Net operating income, or NOI, totaled $36.1 million. Funds from operations, or FFO, as defined by the […]
News Release: Animas Surgical Hospital Breaks Ground on Expansion
A new chapter in the history of Animas Surgical Hospital began on November 17, 2018, with the official groundbreaking for their new $31 million Medical Office Building and Surgical Center. The new three-story, 73,125-square-foot building will contain medical offices, an outpatient surgical center, and a retail pharmacy. The new building is located next to and […]
News Release: Anchor Health Properties completes development of new TVEC Surgery Center
FOR IMMEDIATE RELEASE November 19, 2018 (Charlottesville, VA) Anchor Health Properties (Anchor), in collaboration with Tennessee Valley Eye Center (TVEC), announces the grand opening of the new 18,000-square foot state-of-the-art ambulatory surgery center. Located on Capital Drive in Knoxville, TN, TVEC’s new facility will be the largest dedicated ophthalmology surgery center in the state. The […]