News Release: The Howard Hughes Corporation Taps Transwestern To Lease Its First Medical Office Development In The Woodlands
Houston – Transwestern today announces it has been retained to provide leasing services on behalf of The Howard Hughes Corporation® (NYSE: HHC) for its first medical office development. Transwestern Senior Vice President Lisa Bovermann is providing healthcare advisory services for the 67,200-square-foot project within the Creekside Park Village Center at the corner of Strake Drive and Rockwell Park […]
News Release: Anchor Health Properties and Main Line Health Hold Ceremonial Groundbreaking for New Women’s Specialty Center
Anchor Health Properties (Anchor) and Main Line Health, in collaboration with Axia Women’s Health, recently held a ceremonial groundbreaking in King of Prussia on the site where the new Women’s Specialty Center is expected to open at the end of 2019. The seven-story, 94,000-square foot facility with attached 335-space parking garage features primary care and […]
News Release: Hunt Deal News
Hunt Mortgage Group Refinances an Affordable Senior Housing Property Located in Montebello, California Total funding equals $20 million Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it provided a loan in the amount of $20 million to refinance an affordable senior housing property located in Montebello, California. Beverly […]
New Release: Colliers International completes strategic investment in Harrison Street Real Estate
Date Published: 07/05/2018 Leading Real Estate Asset Investment Manager Anchors New Growth Platform TORONTO AND CHICAGO, July 5, 2018 – Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) has completed its previously announced, strategic investment in Harrison Street Real Estate Capital LLC (“Harrison Street”), one of the largest real […]
News Release: Just Closed :: UCHealth Emergency Room – Littleton
CBRE U.S. Healthcare Capital Markets acted as the exclusive advisor for the sale of UCHealth Emergency Room in Littleton, Colorado. Sale Date: June 28, 2018 Sale Price: $9,015,000 Price Per SF: $1,213/SF Property Size: 7,430 SF Occupancy: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of UCHealth Emergency Room – Littleton […]
News Release: Griffin-American Healthcare REIT IV Acquires Assisted Living Facility in Beaumont, Texas for $19.5 Million
American Healthcare Investors, LLC and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired an assisted living facility located in Beaumont, Texas for $19.5 million. Situated on 4.38 acres of land, Pinnacle Beaumont Assisted Living Facility is comprised of 79 units and consists of approximately […]
News Release: Cleveland Clinic FL Coral Springs Health Center Open to Media July 12
Who: Media are invited to an advance tour of Cleveland Clinic Florida’s new Coral Springs Family Health Center, meet with staff, and participate in a Q&A with clinic officials on Thursday, July 12, 2018 at 10 a.m. The Coral Springs Family Health Center will officially open to patients on Monday, July 16, 2018. What: The newly constructed […]
News Release: Inland Real Estate Acquisitions Closes Purchase of Phoenix MOB
Inland Real Estate Acquisitions, LLC Closes the Purchase of Phoenix, Arizona Medical Office Building Oak Brook, Ill. (June 29, 2018) – Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of the Banner Health Medical Office Building, located in Phoenix, Arizona. Sharon Anderson-Cox, senior vice president of Inland Real Estate […]
News Release: Cushman & Wakefield Names Shane Funston as Senior Director
News Release Cushman & Wakefield Names Shane Funston as Senior Director Seasoned Industry Professional Bolsters Firm’s Healthcare Advisory Group PHILADELPHIA, Pa., June 29, 2018 – Cushman & Wakefield has named Shane Funston as a senior director of its Commercial Brokerage and Healthcare Advisory groups. Based in the global real estate firm’s Philadelphia office, Funston brings […]
News Release: MedEquities Realty Trust Purchases an Inpatient Rehabilitation Hospital to be Operated by Vibra Healthcare for $23.4 Million
NASHVILLE, Tenn., June 28, 2018 /PRNewswire/ — MedEquities Realty Trust, Inc. (NYSE: MRT) announced that it has acquired Southern Indiana Rehabilitation Hospital, a 60-bed inpatient rehabilitation facility (IRF) located in the Louisville, Kentucky suburb of New Albany, Indiana, for $23.4 million. The Company concurrently executed a 15-year triple-net lease of the IRF with Vibra Rehabilitation […]
News Release: Seattle Based Sono Bello Signs Lease For First Oklahoma Location
OKLAHOMA CITY, OK – June 28, 2018 – Seattle based Sono Bello, a cosmetic surgery company, has signed its first Oklahoma lease for 9,600-square-feet at Memorial Springs Medical Building at 13100 North Western Avenue in Oklahoma City. Susan Jordan and Kelsey Gilbert, with CBRE’s Oklahoma City office, and Brian Biege, with CBRE’s Bellevue, Washington office, […]
New Release: Smart Responses to ‘Retail Apocalypse’ Offer Lessons for Other Sectors, Real Estate Veteran Advises
MELVILLE, N.Y., June 28, 2018 /PRNewswire/ — Strategic responses to disruption in retail offer some potentially valuable lessons for turnarounds in grocery, healthcare and higher education as well, writes Jon Graub, a Principal in A&G Realty Partners, in the June issue of the Turnaround Management Association’s Journal of Corporate Renewal. “A Venn diagram charting the […]
News Release: Healthcare Trust of America, Inc. Announces Redevelopment Of Medical Office Campus With WakeMed Health & Hospitals In Cary, NC
SCOTTSDALE, Ariz., June 27, 2018 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) announced today that it would redevelop the Medical Park of Cary, its existing 90,000 square foot medical park located adjacent to WakeMed Health & Hospital’s (“WakeMed”) – Cary Hospital. As part of the redevelopment, HTA will build a new 125,000 square […]
News Release: FOR IMMEDIATE RELEASE: Crown Tenant Advisors Grows Territory and Sales Force
Chuck Fisk joins healthcare real estate firm to serve Alabama market Atlanta, GA, June 26, 2018 – Crown Tenant Advisors, a boutique healthcare real estate firm, announced today it will expand its services into Alabama and Northwestern Florida through the hiring of new Managing Director, Chuck Fisk. Fisk is a licensed commercial real estate broker […]
News Release: Welltower and Brookdale Senior Living Enter Into Broad Collaborative Relationship Restructuring
Welltower’s overall Brookdale concentration is expected to decrease from 7.6% to 2.9% of In-Place NOI, while improving lease coverage on the remaining Brookdale portfolio to 1.31x EBITDAR. Provides a right sized long-term relationship with Brookdale that could allow for additional future growth opportunities. Initiates a new RIDEA joint venture with Pegasus Senior Living led by […]