News Release: SMH Moves Forward with Plans for ‘Destination’ Cancer Program
Tuesday, January 16, 2018 SARASOTA, Fla. (Jan. 16, 2018) – Sarasota Memorial Health Care System is moving ahead with plans to develop a comprehensive cancer program with premier facilities that will offer services across the entire continuum of cancer care — from prevention, screening, diagnosis and treatment, to follow-up care, survivorship and support. The Sarasota County […]
News Release: MorningStar Senior Living, Confluent Senior Living Begin Construction on Rio Rancho Community
Project Partners Begin Second Development in Metro Albuquerque RIO RANCHO, NM (January 16, 2018) – Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on a new senior living community in Rio Rancho, New Mexico. The 70,863-square-foot development in the northern suburb of Albuquerque will deliver 77 units for assisted living and memory […]
News Release: Meridian Purchases 29,000 SF Parcel in Downtown Long Beach, CA to Build MOB; This is Meridian’s second purchase in Southern California in two months
IRVINE, Calif. – Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of three existing buildings on five parcels totaling 29,000 square feet of land located in Downtown Long Beach at 1078-1090 Atlantic Boulevard. Meridian paid $2.45 million for the property, which is located across the street from […]
News Release: Recently Sold: MOB Portfolio, Virginia Beach, VA
Newmark Knight Frank Global Healthcare Services RECENTLY SOLD: Urology of Virginia Portfolio, Virginia Beach, VA Total SF: 86,377 SF Medical Office Portfolio Selling Price: $38,400,000 Sale Date: 11/16/2017 Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com Garth Hogan Executive Managing Director Global Healthcare Services 949.608.2115 ghogan@ngkf.com Dana Hamric Managing Director Global Healthcare […]
News Release: Elliott Bay Announces 2017 Activity: 37 Properties Acquired, Three Independent Members Join Board of Directors
NEWS PROVIDED BY Elliott Bay Capital Trust Jan 12, 2018, 11:40 ET SEATTLE, Jan. 12, 2018 /PRNewswire/ — Elliott Bay Capital Trust (“Elliott Bay“), a privately held real estate investment firm that invests in mission-critical healthcare properties leased by leading specialty care providers, hospitals, and health systems, has announced the expansion of its national portfolio of healthcare real estate […]
News Release: Seniors Housing Occupancy Rate Steady at Relatively Weak 88.8% in Fourth Quarter
Assisted Living Occupancy Rate Near Cyclical Low, While Independent Living Occupancy Rate Remains Above 90% FOR IMMEDIATE RELEASE: Thursday, January 11, 2018 Contact: Biba Aidoo, baidoo@nic.org; 410-267-0504 ANNAPOLIS, Md. – The occupancy rate for seniors housing properties averaged 88.8% in the fourth quarter of 2017 unchanged from the prior quarter and down 0.7 percentage point from year-earlier levels. This placed occupancy […]
News Release: American Academic Health System Completes Acquisition of Hahnemann University Hospital and St. Christopher’s Hospital for Children
American Academic and Harrison Street Real Estate Form Strategic Joint Venture to Acquire Affiliated Portfolio of Four Medical Office Buildings and Two Parking Garages PHILADELPHIA & CHICAGO–(BUSINESS WIRE)–American Academic Health System, LLC, an affiliate of Paladin Healthcare, today completed its previously announced acquisition of Hahnemann University Hospital, the teaching hospital for the Drexel University College […]
News Release: Healthcare Real Estate Insights and Revista to publish outpatient development survey
Deadline is Feb. 9, 2018, to contribute data – and get an exclusive sneak preview of the results – for the second independently verified survey of medical real estate projects MINNEAPOLIS, Jan. 10, 2018 – Revista and Healthcare Real Estate Insights (HREI) are launching the second annual survey that is the healthcare real estate (HRE) […]
News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $18.6 Million Facility for Kayne Anderson
BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $18.6 Million Facility for Kayne Anderson. BMO Harris Bank’s Healthcare Real Estate Finance group announced that it closed an $18.6MM acquisition financing for Kayne Anderson Real Estate Advisors (KAREA) and MBRE Healthcare (MBRE) for a 55k sq. ft newly constructed Medical Office Building in […]
News Release: Announcement – $9,340,000 Medical Office Sale in Pell City AL. – Fairfield Advisors
Fairfield Advisors announces sale of Northside Medical Office Building in Pell City, AL. – $9,340,000 Transaction January 10, 2018 – (Denver, CO. and Birmingham AL. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Northside Medical Office Building located at 70 Plaza Drive in Pell […]
News Releases: Trio Combines For $35 Million In Philanthropic Gifts In Support Of Boca Raton Regional Hospital Initiative
JANUARY 9, 2018 BOCA RATON, FL – January 9, 2018 – Boca Raton Regional Hospital (BRRH) is poised on the doorstep of a transformative $260 million capital project and three of its most passionate supporters made historic philanthropic gifts to demonstrate their commitment. Long-time BRRH supporters and donors Stanley and Marilyn Barry, Christine E. Lynn, and […]
News Release: HFF announces $14M sale of medical office building in Overland Park, Kansas
Holliday Fenoglio Fowler, L.P. (HFF) announces the $14 million sale of 5525 W 119th Street, a 38,496-square-foot medical office building on the campus of HCA Menorah Medical Center in the Kansas City suburb of Overland Park, Kansas. The HFF team represented the seller, and procured the buyer, CNL Healthcare Properties II, a non-traded real estate […]
News Release: Avison Young Announces Sale of Marin Cancer Institute to Harrison Street Real Estate Capital
Avison Young, the world’s fastest-growing commercial real estate services firm, announced today the sale of the Marin Cancer Institute, a 45,277 square-foot (sf) class A medical office building located on the campus of Marin General Hospital at 1350 S Eliseo Dr, Greenbrae, CA. The building was acquired by Harrison Street Real Estate Capital (Harrison Street), […]
News Release: BayCare’s Mease Countryside Hospital Begins $156 Million Expansion
New Patient Tower and Parking Garage with Elevated Walkway Designed to Enhance Access and Efficiency SAFETY HARBOR, Fla., (January 8, 2018) — Mease Countryside Hospital is starting a major expansion and renovation project that will create a more connected hospital campus by adding a new four-story patient tower with all private rooms and four-story parking garage […]
News Release: HSS, Tenet and USPI Announce Agreement to Open Orthopedic Care Facility in West Palm Beach, Florida
DALLAS—Hospital for Special Surgery (HSS), Tenet Healthcare Corporation (“Tenet”) (NYSE:THC) and United Surgical Partners International (USPI), a Tenet subsidiary, today announced that they have entered into a definitive agreement for a joint partnership to create an orthopedic care center in West Palm Beach, Florida. Located in a new building to be constructed in West Palm […]