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 […]
News release: Jeff Kent to Lead Health Care Institute in Expansion of Local Networking, International Education Offerings
Health Care Institute Appoints Jeff Kent President, Effective Jan. 1 The Health Care Institute has appointed Jeff Kent, Managing Director Facilities, Nemours Foundation, as president of the association, effective immediately. Kent succeeds Mike Wood, CHC, MSM, BS, ARRT, RT, owner of Impact! Consulting, in this role. Kent moves into his new role following Wood’s two-year […]
News Release: CBRE FACILITATES $368 MILLION SALE OF IRET MEDICAL OFFICE BUILDING PORTFOLIO TO HARRISON STREET
CBRE FACILITATES $368 MILLION SALE OF IRET MEDICAL OFFICE BUILDING PORTFOLIO TO HARRISON STREET CBRE announced today that it facilitated the $367.7 million portfolio sale of 25 medical office buildings owned by IRET, a real estate company based in Minneapolis and Minot, North Dakota, to Chicago-based Harrison Street Real Estate Capital LLC, (“Harrison Street”), one […]
News Release: Flagship Healthcare Properties acquires Southport medical office building
Flagship Healthcare Properties has acquired Dosher Wellness Center located at 3009 Medical Plaza Lane Southport, North Carolina. The new Class A, ± 25,500 square foot medical office building (“MOB”) was recently developed as a build-to-suit and is fully leased by Dosher Memorial Hospital. “Flagship is pleased to expand our presence in the coastal Carolinas and […]
News Release: Just Closed: Northpoint Medical Arts Building in Dallas,Texas
On behalf of Malouf Interests, the JLL Healthcare Capital Markets Group is pleased to announce the sale of Northpoint Medical Arts, a 118,876 rentable square foot medical office building in Dallas, Texas. The property is strategically located near the intersection of LBJ Freeway and Central Expressway, two of Dallas’ most heavily traveled thoroughfares, and in […]
News Release: Inland Real Estate Acquisitions Closes the Purchase of a Medical Office Building in Texas
Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of a 16,050-square-foot medical office building located in Dallas. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, LLC, completed the deal, with assistance from David Neboyskey, assistant vice president and associate counsel of The Inland Real Estate Group, LLC, […]