News Release: Mark G. Dewane Elected Chairman of the Maricopa County Special Health Care District Board of Directors
Mark G. Dewane, a financial advisor with over 25 years of volunteer experience, has been elected chairman of the Maricopa County Special Health Care District Board of Directors, effective immediately. Director Mary A. Harden, RN, was additionally re-elected as Vice-Chair. At a meeting today, the Board unanimously elected Dewane to lead the five-member elected body that […]
News Release: Welltower Announces Strategic Investment by Qatar Investment Authority
NEWS PROVIDED BY Welltower Inc. 08:00 ET TOLEDO, Ohio, Dec. 4, 2018 /PRNewswire/ — Welltower Inc. (NYSE: WELL), today announced that an affiliate of Qatar Investment Authority (“QIA”), Qatar’s sovereign wealth fund, has established an interest in the Company’s common stock through a $300 million investment and has an option to acquire an interest in a development pipeline of urban senior living communities, representing the initial investments in […]
News Releases: Welltower Announces $1 Billion in New Off-Market Investments
NEWS PROVIDED BY Welltower Inc. 08:00 ET TOLEDO, Ohio, Dec. 4, 2018 /PRNewswire/ — Welltower Inc. (NYSE: WELL), today announced new off-market investment volume of $1.0 billion at a blended cap rate of 6.4% comprised of 11 separate Seniors Housing and Medical Office transactions. This investment activity is in addition to the previously announced $80 million Johns Hopkins transaction and $400 million 23 asset MOB portfolio acquisition, […]
News Release: Welltower Announces Addition of National Health Care Executives to Board
NEWS PROVIDED BY Welltower Inc. 08:00 ET TOLEDO, Ohio, Dec. 4, 2018 /PRNewswire/ — Welltower Inc (NYSE: WELL) announced today the appointments of Karen DeSalvo, MD and Johnese Spisso, MPA to its Board of Directors. “On behalf of the entire Board of Directors, I am delighted to welcome Karen and Johnese to the Welltower Board,” said Jeff Donahue, Board Chair. “These two […]
News Release: Bulfinch strengthens portfolio with the acquisition of 10 Brookline Place
BOSTON, MA – December 3, 2018 Bulfinch, a private real estate investment, development and management firm, today announced that an affiliate of the company has completed the acquisition of 10 Brookline Place in Brookline, MA. The property consists of six floors and totals approximately 173,000 sf of office space with 240+/- garage parking spaces located […]
News Release: CIT Completes Financing for Two Medical Office Buildings in Massachusetts
NEW YORK – Dec. 3, 2018 – CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business, part of CIT’s Commercial Finance division, provided $28.7 million in financing for the acquisition of medical office buildings in Brockton and Haverhill, Massachusetts. The Brockton building houses the Greene Cancer Center, which is affiliated with Signature […]
News Release: Flagship Healthcare Properties Appoints Vice President and Director of Investor Relations
Charlotte, NC – December 3, 2018 – Flagship Healthcare Properties, LLC (“Flagship”) is pleased to announce that Alexis Budge has joined the firm as Vice President and Director of Investor Relations. Alexis will work closely with the other members of Flagship’s Investor Relations team, Ryan Judson and Downie Saussy to expand the investor base of […]
News Release: Cushman & Wakefield Arranges Sale of Seventh Avenue Medical Center in Chardon
Gino Lollio, Scott Niedergang, Bryan Belville and Eric Schreibman Represented the Buyer and Seller in the Transaction Chicago, November 28, 2018 – Cushman & Wakefield has arranged the sale of Seventh Avenue Medical Center in Chardon, Ohio, a Cleveland suburb. Gino Lollio, Scott Niedergang and Bryan Belville of Chicago, brokers in the firm’s Healthcare Advisory […]
News Release: Just Sold – Value-Add Medical Office Project Trades for $6.3 Million in Redlands, CA
Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of Park Plaza, a three-building medical office project located at 1776, 1782 and 1790 West Park Avenue in Redlands, California, at a price of $6,300,000. The 52,407-square-foot project was 32% occupied at the time of sale. Gary Stache, Sammy Cemo, Doug […]
News Release: Guthrie Sees Growth, Plans Tompkins County Expansion
Guthrie has announced plans to move forward with construction of a medical office building as part of a mixed-use property planned for Ithaca’s City Harbor waterfront development. Guthrie will occupy a three-story, 60,000 square-foot medical office building at 101 Pier Road. The building will house a mix of clinical services designed to meet the identified […]
News Release: St. James Hospital Cuts Ribbon on New Medical Office Building
Hornell, NY – St. James Hospital celebrated the opening of its new medical office building today at a ribbon-cutting ceremony and tour with community members, St. James providers and employees, UR Medicine leadership and elected officials, including New York Lt. Gov. Kathy Hochul. Located at 7309 Seneca Road North, in the former Wegmans plaza, the […]
News Release: Healthcare News to Use: TCC Begins Development of Hospital in the Northeast
Seavest & 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 TWP, PA., and White Plains, N.Y., November 29, 2018 – Patients of Allegheny Health Network (AHN), a subsidiary of Highmark Health, […]
News Release: Ankura Healthcare Real Estate Solutions and Medicus Capital break ground on a 50,000-SF Outpatient Care Center for Northwest Community Healthcare in Kildeer, Illinois
Kildeer, IL – More than 60 guests, including Northwest Community Healthcare leadership, Kildeer’s Village President, real estate investor Medicus Capital, development firm Ankura Healthcare Real Estate, builder Leopardo Companies and lender Wintrust Financial, attended a groundbreaking ceremony held on November 16th to mark the start of construction on a 50,000-square-foot, two-story Outpatient Care Center. The […]
News Release: Montecito Medical Acquires Medical Office Portfolio in Virginia
Nashville, Tenn. — Montecito Medical, a premier owner of medical office buildings throughout the U.S., has acquired a portfolio consisting of three prime medical office buildings and a medical office condominium in the Richmond, Virginia, market area. The four properties in the portfolio — Boulders Medical Office Building, Memorial Regional Building, Johnston Willis Medical Office […]
News Release: Just Sold: Oceans Behavioral Health
Oceans Behavioral Health 3300 S FM 1788, Midland, TX 79706 64 Beds Just Sold in Midland, Texas: Krone Weidler, LJ Tsunis, and Kimberly Hamilton are pleased to announce the successful sale of Oceans Behavioral Health located in Midland, Texas. They had the exclusive listing to market the property on behalf of the seller, a professional […]