News Release: Oakland Rehabilitation and Healthcare Center Undergoes $3.5 Million Renovation, Maintains Five-Star Rating Facility Sees Progress Under Tryko Partners/Marquis Health Services Ownership
A $3.5 million renovation at Oakland Rehabilitation and Healthcare Center, and the achievement of a five-star rating in U.S. News and World Report’s 2017 “Best Nursing Homes” signal a dedication to quality services and patient care at the Oakland skilled nursing facility. Tryko Partners in 2015 acquired the 215-bed facility, which is operated by […]
News Release: Healthcare Building Solutions Hires Senior Project Manager
Focus on Project Management Resources to Meet Growth Demands Langhorne, PA – Healthcare Building Solutions (HBS) is pleased to announce that Kiran Shivaramu has joined the firm as Senior Project Manager in the Southern Region. In this role, and working from the firm’s Dallas office, Kiran will focus on managing the design and construction of […]
News Release: Adolfson & Peterson Construction Completes New Medical Office Building in Southlake
12/22/2017 SOUTHLAKE, Tex. – Adolfson & Peterson Construction (AP) recently completed a new Medical Office Building for United Surgical Partners, Inc. (USPI) in Southlake, located at the SW corner of Tower Blvd. and Southlake Blvd. Developed by USPI and designed by E4H Architects, this project includes a ground-up, two-story MOB with approximately 46KSF. The scope of […]
News Release: Physicians Realty Trust Announces Year-to-Date Investment Activity of $1.4 Billion
Date: 12-21-2017 Declares Quarterly Cash Dividend and Announces Date for Fourth Quarter 2017 Earnings Release and Conference Call MILWAUKEE–(BUSINESS WIRE)– Physicians Realty Trust (NYSE:DOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized and the Company has declared a quarterly cash dividend of $0.230 per common share and unit for the quarter […]
News Release: Avison Young Arranges Sale of Assisted Living Community in Maryland
PERRY HALL, Md. (Dec. 14) – Avison Young announced today that it has arranged the sale of Quail Run Assisted Living, a 64-unit community in Perry Hall, Md. Birchwood Health Care Properties purchased the assisted living-memory care community. Representing the seller were Avison Young’s Dan Baker, vice president, and Jim Kornick, principal. The owner and […]
News Release: Hammes Partners announce closing of Fund III
Hammes Partners holds final close on $687 Million healthcare real estate fund MILWAUKEE, December 19, 2017 – Hammes Partners, a private equity firm focused exclusively on the U.S. healthcare real estate market, has announced the over-subscribed final closing of Hammes Partners III, LP (the “Fund”). Hammes is pleased to have reached its hard cap, with […]
News Release: Town center project announced for NKU’s gateway
Mixed-Use Development and Medical Office Building Plans Announced Northern Kentucky University’s gateway into campus will be changing, as NKU, in partnership with development partner Fairmount Properties, announces plans for a mixed-use development and professional office building along U.S. 27 and Nunn Drive. A pedestrian-scaled, mixed-use “town center” style district is being developed on the south […]
News Release: HFF announces sale of skilled nursing facility in Greenville, Illinois
HFF announces sale of skilled nursing facility in Greenville, Illinois DALLAS, TX – December 18, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Helia Healthcare of Greenville, a 90-bed skilled nursing facility in Greenville, Illinois. The HFF team marketed the property on behalf of the seller, Palladian Healthcare. CareTrust REITTM purchased the […]
News Release: Ryan Companies Breaks Ground on New Senior Living Community in Addison, Illinois
NAPERVILLE, IL (DEC 16, 2017) LCS®, Harrison Street Real Estate Capital and Ryan Companies US, Inc. announce the start of construction of the partnerships third new senior living community in 2017, Clarendale of Addison. The $45M project will provide the same Class A continuum of care as other Clarendale communities, which include; independent living residences, […]
News Release: H2C Advises Phoebe Putney Health System on its Sale of Phoebe Senior Living at Morningside to Care Investment Trust
FOR IMMEDIATE RELEASE NEW YORK — December 15, 2017 — Hammond Hanlon Camp LLC (“H2C”), a healthcare focused strategic advisory and investment banking firm, served as the exclusive financial advisor to Phoebe Putney Health System (“Phoebe”) on the sale of Phoebe Senior Living at Morningside (“Morningside” or the “Community”) to Care Investment Trust (“CIT”), a real estate […]
News Release: Moline, Ill.: IPA Brokers $11.6M Medical Office Building Sale
FOR IMMEDIATE RELEASE IPA Brokers $11.6 Million Medical Office Building Sale MOLINE, Ill., Dec. 14, 2017 – Institutional Property Advisors (IPA), a division of Marcus & Millichap, (NYSE: MMI) announces the sale of Heartland Clinic and Ambulatory Surgery Center, a 34,020-square-foot medical office building located in Moline, Illinois. The asset traded for $11.6 million, which […]
News Release: Skilled Nursing Occupancy Falls to a Five-Year Low in the Third Quarter
Managed Medicare revenue per patient day sets a new low in NIC’s five-year time series FOR IMMEDIATE RELEASE: December 14, 2017 Contact: Biba Aidoo, (443) 926-3181 or communications@nic.org Annapolis, Md. – The National Investment Center for Seniors Housing & Care (NIC) today released its third quarter 2017 NIC Skilled Nursing Data Report. Data in the report show […]
News Release: Skilled Nursing Occupancy Falls to a Five-Year Low in the Third Quarter
FOR IMMEDIATE RELEASE: December 14, 2017 Managed Medicare revenue per patient day sets a new low in NIC’s five-year time series Annapolis, Md. – The National Investment Center for Seniors Housing & Care (NIC) today released its third quarter 2017 NIC Skilled Nursing Data Report. Data in the report show that skilled nursing property occupancy […]
News Release: Montecito Medical Acquires Two Wisconsin Medical Office Buildings Occupied by State’s Leading Care Provider
December 14, 2017 06:00 AM Eastern Standard Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a premier owner of medical office properties throughout the U.S., has recently completed the acquisition of a portfolio of two, Class-A medical office buildings with ambulatory surgery centers in the greater Milwaukee, Wisc., area. The facilities total 129,629 square feet and are 100% […]
News Release: Maplewood Senior Living Officially Breaks Ground on Future Site of Maplewood at Southport Senior Living Community
MAPLEWOOD SENIOR LIVING OFFICIALLY BREAKS GROUND ON FUTURE SITE OF MAPLEWOOD AT SOUTHPORT SENIOR LIVING COMMUNITY Southport is the Seventh Senior Living Property Developed in Connecticut by Maplewood December 14, 2017, Southport, CT. – Maplewood Senior Living, a leading provider of luxury senior living residences, held the ground break for its newest Connecticut community, Maplewood […]