News Release: Montecito Medical Acquires Virginia Eye Consultants
Montecito Medical Acquires Flagship Medical Office Building of Virginia Eye Consultants Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired the Virginia Eye Consultants medical office building and ambulatory surgery center in Norfolk, Virginia. The 34,177 square-foot building serves as headquarters for Virginia Eye Consultants (VEC), one of the most […]
News Release: Twenty-year streak in Modern Healthcare’s 2018 Construction and Design Survey reflects Hammes Company’s winning edge in the healthcare development industry
Results rank Hammes No. 1 with $2.3 billion in completed projects Milwaukee-based Hammes Company has again been named the nation’s leading healthcare developer by Modern Healthcare in its “2018 Construction and Design Survey.” This achievement is Hammes’ 20th year to earn the ranking as leading developer among the leading design/build companies. Results of its 39th […]
News Release: TCC Begins Construction on New Facility at Riverside University Health System Medical Center Campus
New 200,000 SF Medical Office Building Trammell Crow Company’s Southern California—Newport Beach office has commenced construction on a new 200,000-square-foot medical office building that will be occupied by Riverside University Health System (RUHS). The 3-story facility, which is slated for completion in 2019, will bring new specialty physician groups, an outpatient surgery center and expanded […]
News Release: HFF announces $16.699M in joint venture equity for Sarasota seniors housing development
HFF announces $16.699M in joint venture equity for Sarasota seniors housing development Holliday Fenoglio Fowler, L.P. (HFF) announces $16.699 million in joint venture equity for the development of Grand Living at Lakewood Ranch, a best-in-class, 172-unit resort-style seniors housing community in the Lakewood Ranch area of Sarasota, Florida. The HFF team worked on behalf of the […]
News Release: Avison Young Negotiates MOB Sale in Houston
Texas Children’s Hospital Medical Office Building sells to Healthcare Trust, Inc. Avison Young announced today that it has negotiated the sale of the Texas Children’s Hospital Medical Office Building, a 25,000-square-foot, Class A multi-tenant medical building at 5650 East Sam Houston Parkway North on the east side of Houston, TX. Avison Young Principals Mike Wilson, […]
News Release: Renovated 1950’s Santa Monica Historical Building Opens as Pacific Neuroscience Institute’s New State-Of-The-Art Clinic
NEWS PROVIDED BY Pacific Neuroscience Institute Mar 19, 2018, 08:30 ET SANTA MONICA, Calif., March 19, 2018 /PRNewswire/ — Pacific Neuroscience Institute is very pleased to announce the opening of its new outpatient clinic at 2125 Arizona Avenue, Santa Monica, CA. The historic medical building is adjacent to Providence Saint John’s Health Center and within easy access of the hospital’s dedicated neurosurgical […]
News Release: INDUSTRY NEWS: Construction set to begin on HarborChase of Germantown
Harbor Retirement Associates, Confluent Senior Living Enter into Tennessee Market to Deliver Senior Living Community Project partners Confluent Senior Living and Harbor Retirement Associates (HRA), are pleased to announce that construction is set to start on HarborChase of Germantown, a 114,450-square-foot assisted living and memory care community in the east Memphis suburb. Marking the first […]
News Release: Leading Healthcare Facility Developer Makes Strides on New York Project
Hammes Company and Mohawk Valley Health System making strides toward the new downtown hospital Hammes Company, the nation’s leader in healthcare building strategies, is making strides with the Mohawk Valley Health System (MVHS) on the new, regional healthcare campus project in downtown Utica, N.Y. MVHS selected Hammes Company as the project manager in January of […]
News Release: HCP Closes on the Sale of Its Tandem Mezzanine Loan Investment
HCP (NYSE: HCP) today announced it has closed on the sale of its Tandem mezzanine loan investment to Fundamental Advisors LP, a leading alternative asset manager, for $112 million. “We are pleased to close on the disposition of our last mezzanine loan investment,” said Scott Brinker, HCP’s Chief Investment Officer. “With this sale, and the […]
News Release: Tryko adds Philadelphia-area facility to skilled nursing portfolio
Tryko Partners Adds Philadelphia-Area Facility to Skilled Nursing Portfolio Marquis Health Services to Launch $2.5 Million Renovation of 129-Bed Property Tryko Partners, LLC continues to grow its presence in the Philadelphia skilled nursing community with the acquisition of ManorCare Health Services at Mercy Fitzgerald Hospital in Yeadon. Marquis Health Services, the company’s healthcare affiliate, and a […]
News Release: NexCore Group Adds to its Capabilities as Tom Kelly Joins its Business Development Team
Seasoned commercial real estate executive brings broad experience to serve the firm and its clients as Vice President, Real Estate Development at a time of significant growth and expansion DENVER, March 14, 2018 – NexCore Group, a national healthcare real estate (HRE) developer, announced today that Tom Kelly has joined the firm’s business development team […]
News Release: Over 34 million s.f. of outpatient healthcare real estate was started or completed in 2017
Second annual Revista-HREI survey finds that the pace of development was still robust for MOBs and other outpatient facilities last year, although it was down 4.6 percent from 2016 ARNOLD, Md., and MINNEAPOLIS, March 14, 2018 – Outpatient healthcare real estate (HRE) development projects totaling more than 34 million square feet were started or completed […]
News Release: Capital One Combines Bridge and Fannie Mae Financing to Refinance HTI Senior Housing Portfolio
Capital One announced today that it has added seven senior housing properties owned by subsidiaries of Healthcare Trust, Inc. (HTI) to HTI’s Fannie Mae credit facility. This transaction brings the total facility to $216.6 million, an increase of $64.2 million. In December, Capital One also served as administrative agent and sole lender for an $82 million […]
News Release: H2C Advises Texas Health Resources on $764.6 Million in Bond Financings, Completes Multi-Year Plan of Finance
Hammond Hanlon Camp LLC Advises Texas Health Resources on $764.6 Million in Bond Financings, Completes Multi-Year Plan of Finance Hammond Hanlon Camp LLC, through its wholly-owned subsidiary H2C Securities Inc. (“H2C”), served as the exclusive financial advisor to Texas Health Resources (“THR” or the “System”) in connection with the issuance of $764,575,000 in tax-exempt bonds, […]
News Release: JUST SOLD: Summit at NPR
JUST SOLD: Summit at NPR Krone Weidler is pleased to announce the successful sale of Summit at Venice. This 40,164 square-foot assisted living facility is located in New Port Richey, FL, and sits on six acres of beautifully landscaped grounds. This community has a wonderful long-standing relationship with the local community. Krone had the exclusive […]