News Release: Welltower Closes $1.3 Billion Senior Unsecured Notes Offering
Toledo, Ohio, Aug. 16, 2018 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has successfully closed its offering of $1.3 billion in aggregate principal amount of senior unsecured notes across three tranches with a weighted average maturity of 15.4 years and blended yield to maturity of 4.4%, including $600 million in 3.95% notes due 2023, $200 million in 4.25% notes due 2028, and $500 million in […]
News Release: HRE Capital is pleased to announce the closing of the following transaction
$285,000,000 Sale of a 16-Asset, 856,179 Square Foot Portfolio of medical office buildings located in Greenville, South Carolina The undersigned served as Financial Advisor Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) acted as a financial advisor related to the transaction of a 16-asset, 856,179 square foot medical office portfolio (“Portfolio”) located in Greenville, South […]
News Release: Griffin-American Healthcare REIT III Reports Second Quarter 2018 Results
Irvine, Calif. (Aug. 16, 2018) – Griffin-American Healthcare REIT III, Inc. today announced operating results for the company’s second quarter ended June 30, 2018. “Griffin-American Healthcare REIT III continued to perform well during the second quarter, with high occupancy throughout our portfolio, impressive weighted average remaining lease term of 8.6 years and moderate leverage1 of […]
News Release: Brian Cich Named Chief Operating Officer of Rendina Healthcare Real Estate
Jupiter, Fla., Aug. 16, 2018 – Rendina Healthcare Real Estate is pleased to announce that Brian Cich has been appointed Chief Operating Officer. As COO, Brian oversees all operations and development projects nationwide, in addition to helping create and manage Rendina’s strategic initiatives and partnerships. In his new role, Brian will utilize his significant experience with […]
News Release: UF Health breaks ground on first health care facility in Wildlight
UF Health broke ground today on a comprehensive medical office building in Wildlight, a new town under development in Nassau County. This is the first step in a strategic health alliance between UF Health, the University of Florida and Raydient Places + Properties that will bring a new style of healthy living to the region. […]
News Release: Skanska USA Celebrates Topping Out Milestone for New Center for Women and Children’s Health at Christiana Care Health System
Newark, Delaware – Skanska USA celebrated the topping out of the new Center for Women and Children’s Health building at Christiana Care Health System in Newark, Delaware with a ceremony on August 15. The event included remarks by: Janice E. Nevin, M.D., MPH, Christiana Care president and CEO Sharon Kurfuerst, Ed.D., OTR/L, FACHE, FAOTA, FABC, […]
News Release: New Gallatin Street bed tower approved
Huntsville Hospital’s plan for a new multi-story bed tower to meet growing patient demand has been approved by the Alabama Certificate of Need Review Board. The $150 million West Bed Tower project should begin rising along Gallatin Street in early 2019. Construction is expected to take about two years. The new tower will have 72 […]
News Release: MedProperties expands healthcare real estate presence in strong Austin, Texas, market
With recent acquisitions in Lakeway, Round Rock and Dripping Springs, the firm’s local portfolio now includes four medical office buildings totaling more than 120,000 square feet AUSTIN and DALLAS, Texas, Aug. 15, 2018 – MedProperties Realty Advisors LLC has strengthened its commitment to the strong, growing Austin market and expanded its presence in the area […]
News Release: Ridgeline Capital Partners Acquires Medical Office Building in Allen, TX
Dallas, Texas – Ridgeline Capital Partners (“Ridgeline”), a privately-held commercial real estate investment company, recently completed the acquisition of the single-story, 21,500 square foot Allen Medical Pavilion in Allen, TX. The property is in Allen’s medical district adjacent to the Texas Health Resources Presbyterian hospital campus. Built in 2007, the building is 100% occupied by […]
News Release: Griffin-American Healthcare REIT IV Reports Second Quarter 2018 Results
IRVINE, Calif. (Aug. 14, 2018) – Griffin-American Healthcare REIT IV, Inc. today announced operating results for the company’s second quarter ended June 30, 2018. “Griffin-American Healthcare REIT IV built on its exceptional first quarter results with an excellent second quarter of 2018, during which we recorded strong performance throughout our portfolio, which continues to grow […]
News Release: Inland Private Capital Sells Four Medical Office Properties
Inland Private Capital Corporation Completes Sale of Medical Office Properties in Illinois and Massachusetts Oak Brook, Ill. (August 14, 2018) – Inland Private Capital Corporation (“IPC”) today announced the sale of four freestanding medical office properties located in Illinois and Massachusetts for a gross sale price of $45.7 million. IPC, through its subsidiary which serves […]
News Release: CBRE Announces Sale of Phoenixville Medical Office Building I for $8.1 Million
CBRE announced that it has arranged for the sale of Phoenixville Medical Office Building I—a 62,175 square-foot facility located at 824 N. Main Street in Phoenixville, Pennsylvania. The three-story office building, which is situated on the Phoenixville Hospital Campus, was acquired by PMOB I, LLC, a Missouri limited liability company, for a sale price of […]
News Release: Avison Young awarded property management contract for 32d Street SurgiCenter in Phoenix
Avison Young to manage recently acquired 10,488-square-foot medical office building Phoenix, AZ – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has been awarded a property management contract for 32nd Street SurgiCenter, a fully occupied, 10,488-square-foot (sf) medical office building in Phoenix. Senior Property Manager Anne Pappas who is based […]
News Release: Matt Bremner joins Bremner Real Estate in Indianapolis
Welcome Matt Bremner to Bremner Real Estate SVP, Operations Matt’s role at Bremner, which dedicates itself to working with healthcare systems and other clients in strategic real estate, will focus on the company’s ongoing operational, financial, and legal needs. A graduate of Vanderbilt University, Matt also has his MBA from the Krannert School of Management at […]
News Release: Flagship Healthcare Trust Acquires Wilmington, North Carolina Medical Office Building
For Immediate Release WILMINGTON, NORTH CAROLINA – August 13, 2018 – Flagship Healthcare Properties (“Flagship”), manager of private REIT Flagship Healthcare Trust, Inc. (“Flagship REIT”), announced today that the REIT has acquired a Class A medical office building in Wilmington, North Carolina. Located at 2800 Ashton Drive, the two story, 21,417 square foot medical office building […]