News Release: Blessing seeks permission to build medical office building
Blessing Hospital has filed a Certificate of Need with the State of Illinois, seeking permission to build a medical office building on the southeast corner of 48th and Maine in Quincy. The two story structure would be 80,000 square feet on seven acres of land. It would include provider offices, physical therapy, select radiology and […]
News Release: NexCore Group’s Kyle Robbins earns Design-Build Professional™ certification from DBIA
Mr. Robbins, the firm’s Senior Vice President Design & Construction, has earned the Design-Build Institute of America’s highest designation as a nationally certified Design-Build Professional™ DENVER, Mar. 6, 2018 – NexCore Group, a national healthcare real estate (HRE) developer, announced today that Kyle Robbins, the firm’s Senior Vice President Design & Construction, has successfully completed […]
News Release: HFF advises Columbia Pacific Advisors on the $114.69M financing for Seattle seniors housing development
Holliday Fenoglio Fowler, L.P. (HFF) advised Columbia Pacific Advisors on the $114.69 million financing for the development of 620 Terry, a luxury, high-rise seniors housing property in Seattle, Washington’s First Hill neighborhood. The participating development loan was provided by HCP, Inc. 620 Terry will total 243 Class A residential units comprising 194 independent living units, […]
News Release: HCP and Atria Senior Living Announce Agreement to Transition Management of 24 Senior Housing Communities to Atria
HCP (NYSE: HCP) and Atria Senior Living (“Atria”) announced today they have reached agreements to transition management on a portfolio of 24 HCP-owned senior housing communities from Brookdale Senior Living to Atria. “We are pleased to meaningfully grow our relationship with Atria,” said Tom Herzog, HCP President and Chief Executive Officer. “Atria has a proven track […]
News Release: CareTrust REIT Acquires Michigan Portfolio
CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired a 464-bed, five-property skilled nursing portfolio clustered around the Grand Rapids, Michigan area. The transaction was structured as a sale-leaseback with the portfolio’s long-time owner-operator, Metron Integrated Health Systems, based in Grand Rapids. The sale-leaseback represented an opportunity for Metron to strategically recapitalize the company and lay […]
News Release: CareTrust REIT Acquires Michigan Portfolio
CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it acquired a 464-bed, five-property skilled nursing portfolio clustered around the Grand Rapids, Michigan area. The transaction was structured as a sale-leaseback with the portfolio’s long-time owner-operator, Metron Integrated Health Systems, based in Grand Rapids. The sale-leaseback represented an opportunity for Metron to strategically recapitalize the company and lay […]
News Release: New Northwestern Medicine Lake Forest Hospital Officially Open For Patient Care
MARCH 03, 2018 The new Northwestern Medicine Lake Forest Hospital is officially open. As of 6 am, the new, state-of-the-art hospital, located at 1000 N. Westmoreland, began accepting emergency department patients. The new hospital is fully operational, and functions as a leading Level 2 trauma center for the northern Illinois suburbs. “Our new hospital is now ready […]
News Release: Invesque Establishes Medical Office Building Platform with US$142 Million Acquisition of Mohawk Medical Properties REIT
NEWS PROVIDED BY Invesque Inc. Mar 02, 2018, 08:17 ET TORONTO, March 2, 2018 /CNW/ – Invesque Inc. (TSX: IVQ.U) (the “Company”) announced it has entered into an arrangement agreement (“Arrangement Agreement”) with Mohawk Medical Properties Real Estate Investment Trust and its subsidiary, Mohawk Medical Operating Partnership (I) LP (collectively, “Mohawk REIT”) to acquire all […]
News Release: News from HRE Capital
Transaction Overview HRE Capital acted as a financial advisor related to the transaction of an 11 asset, 377,522 square foot medical office portfolio (“Portfolio”) located throughout the United States. The Portfolio, which transacted for $151,300,000, is 97% leased with a weighted average age of approximately ten years and is tenanted by high-quality regional hospitals and multi-specialty […]
News Release: RTG Is Celebrating Our 20th Anniversary!
March 1, 2018, Knoxville, TN: Realty Trust Group (RTG) is proud to announce our 20-Year Anniversary. Founded in 1998 by Greg Gheen and the shareholders of PYA, RTG has grown to 60 employees across three offices. We have continually grown our services and our geography – offering a comprehensive platform of real estate services to […]
News Release: NexCore Group adds Scott Patterson to its Design & Construction Team
National healthcare real estate developer hires the industry veteran as Vice President for its expanding Design & Construction Department DENVER, March 1, 2018 – NexCore Group, a national healthcare real estate (HRE) developer, today announced that Scott Patterson has joined the firm as Vice President Design & Construction. NexCore Group Managing Principal Jarrod Daddis says […]
News Release: Hoefer Wysocki Completes Design of Saint Luke’s Multispecialty Clinic in Blue Springs
New clinic is sustainable, flexible and efficient, earning LEED Silver Certification Interdisciplinary architecture and design firm, Hoefer Wysocki, is pleased to announce the completion of construction of Saint Luke’s Multispecialty Clinic for Saint Luke’s Health Systems. The LEED Silver-certified healthcare clinic is located at 600 NE Adam’s Dairy Parkway in Blue Springs, Missouri and opened […]
News Release: Memorial and Washington University Physicians receive CON Board approval
DATE February 28, 2018 Memorial Regional Health Services and Washington University Physicians in Illinois receive CON Board approval to build second medical office building in Shiloh Memorial Regional Health Services, Metro-East Services, Memorial Group, BJC HealthCare and Washington University Physicians in Illinois, Inc. received unanimous approval from the Illinois Health Facilities and Services Review Board (IHFSRB) […]
News Release: Montecito Medical Ranked #1 Privately Held Buyer of Medical Real Estate for Second Consecutive Year
February 28, 2018 12:49 PM Eastern Standard Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., finished 2017 as the nation’s top privately held acquirer of medical office buildings. It was the second straight year that the Nashville-based company achieved this distinction. The rankings are based on […]
News Release: Physicians Realty Trust Reports Fourth Quarter and Full Year 2017 Financial Results
Announces Total 2017 Investment Activity of $1.4 Billion Expands Portfolio to more than $4.2 Billion in Total Real Estate Assets Fourth Quarter Highlights: Reported fourth quarter 2017 total revenue of $97.3 million, up 32.1% year-over-year. Generated fourth-quarter net income per share and OP unit of $0.05 on a fully diluted basis, compared to net […]