News Release: Kaiser Foundation Health Plan and Hospitals Report 2017 Financial Results
Largest not-for-profit, integrated healthcare system reports more than 10 percent membership growth and consistent operating performance in 2017 Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals and their respective subsidiaries (KFHP/H) across all eight regions, including the newest region, Kaiser Permanente Washington, reported their 2017 annual financial results. Total operating revenue for 2017 was $72.7 billion, […]
News Release: MedProperties and Equity form JV, acquire 32,987 square foot Lakeside Professional Building
The 93 percent leased, multi-tenant medical building near Austin, Texas, boasts ideal location, strong tenancy, excellent sponsor relationship, immediate cash flow and expansion potential Some real estate acquisitions just have it all – every benefit a company could want. That’s the case with MedProperties’ and Equity’s acquisition of the 32,987 square foot Lakeside Professional Building […]
News Release: Cornerstone starts 2018 with new business in Indiana and Ohio
Cornerstone rang in the new year on a good note—adding almost four football fields worth of medical office space to its national portfolio. In the first quarter of 2018, Cornerstone added 207,000 square feet of new property management and leasing assets in Indiana and Ohio. The new business consists of OrthoIndy South, Urology of Indiana, […]
News Release: Veteran healthcare real estate firms Sina Companies and Donati Health Partners announce merger
DHP founder Damian Donati joins Sina Companies as Atlanta-based Senior Vice President to focus on business development and client relationship activity to enhance and expand the combined firm’s geographic scope ATLANTA and PALM BEACH GARDENS, Fla., Feb. 7, 2018 – Sina Companies, a nationally recognized developer of medical real estate, has merged with Atlanta-based healthcare real […]
News Release: BGL Real Estate Partners Announce the Sale of St. Mary’s of Michigan Medical Office Building
BGL Real Estate Partners (BGLREP), a division of Brown Gibbons Lang & Company (BGL), is pleased to announce the real estate sale of St. Mary’s of Michigan Medical Office Building. BGLREP’s National Healthcare Real Estate Group served as the exclusive advisor to the seller in the transaction. St. Mary’s of Michigan Medical Office Building (“the […]
News Release: Gino Lollio and Scott Niedergang Join Cushman & Wakefield’s Healthcare Advisory Group
For Immediate Release Medical Office Investment Sales Professionals Bring National Expertise in Single-Asset and Portfolio Dispositions Lollio and Niedergang will lead a Chicago-based team that offers healthcare providers, developers and investors a global platform to seamlessly leverage and access the expertise of Cushman & Wakefield’s local experts and leading market position to best devise acquisition, disposition […]
News Release: OGA Completes Nashville Redevelopment Project for Vanderbilt Health – Converts Bowling Alley into Healthcare Clinic
Nashville-based healthcare real estate developer converts former bowling alley into state-of-the-art outpatient renal care facility Oman-Gibson Associates (OGA), a Nashville-based national healthcare real estate development and project management firm, has completed the conversion of a former bowling alley into an outpatient dialysis clinic for Vanderbilt Health. The new facility adds to OGA’s growing portfolio of […]
News Release: HFF announces financing for a 5-building mixed-use medical and office campus in Houston
Holliday Fenoglio Fowler, L.P. (HFF) announces financing for a mixed-use medical and office campus totaling five buildings and 505,000 square feet in the Bellaire submarket of Houston, Texas. The HFF team worked on behalf of the borrower, Norvin Healthcare Properties, to secure acquisition loans for the campus. Erik Tellefson at Capital One provided financing for […]
News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Approximately $73 Million in Healthcare and Data Center Real Estate in the Month of December 2017
Such acquisitions, added approximately 246,000 rentable square feet to CV Mission Critical REIT II’s portfolio Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling a portfolio of high-quality data center and healthcare real estate, acquired properties during December 2017 for an aggregate contract […]
News Release: Just Closed: Pin Oak Portfolio, Houston, Texas
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Pin Oak Portfolio, a 504,609 square foot medical office park in Houston, Texas. The five properties are highly visible along the 610 West Loop and strategically located three miles west of the Texas Medical Center and two minutes from the Southwest […]
News Release: HCP Announces Retirement of Executive Chairman Mike McKee
Mr. McKee to step down from his role as Executive Chairman and retire from HCP’s Board of Directors at the upcoming Annual Meeting HCP, Inc. (NYSE: HCP) announced today that Mike McKee will step down from his role as Executive Chairman, effective March 1, 2018, and retire from the Board of Directors at HCP’s Annual […]
News Release: Norvin Healthcare Properties acquires Pin Oak medical and office complex in Bellaire, Texas
Acquisition of five-building, 505,000 square foot office park reaffirms the company’s long-standing commitment to healthcare in the Greater Houston area Norvin Healthcare Properties closed Jan. 19, 2018, on the acquisition of the Pin Oak complex in Bellaire, Texas, reaffirming the company’s 20-year commitment to serving the healthcare community in Greater Houston. With the acquisition of […]
News Release: Just Closed: Community Health / Kindred Rehabilitation Hospital Construction Financing
The JLL Healthcare Capital Markets Group is pleased to announce the closing of the construction/mini-perm financing of a 44-bed, full-service rehabilitation hospital for PMB in Greenwood, Indiana. Synovus Bank provided the financing for the facility. The 53,560 rentable square foot inpatient rehabilitation hospital, Community Health Network Rehabilitation Hospital South, is a joint venture between Kindred […]
News Release: Plaza Companies Breaks Ground on Estrella Medical Plaza II With Nearly Half of Class A Facility Pre-Leased
64,000-square-foot, modern medical space expected to open in December The West Valley medical office market is about to get a new star. Plaza Companies has secured two new leases totaling over 23,000 square feet for Estrella Medical Plaza II, and recently broke ground on the building on the growing Banner Estrella Medical Campus, located at […]
News Release: Mountain States Health Alliance, Wellmont Health System boards authorize final approval of merger, Ballad Health to celebrate launch Friday
Leaders named for top positions in new health system The boards of directors of Mountain States Health Alliance and Wellmont Health System have voted unanimously to approve the final terms that will govern their merger, forming a new health system to serve the 1.2 million residents of Northeast Tennessee and Southwest Virginia. The transaction creating […]