News Release: MOB Financing – Closed
MRXE, led by Michael Bennett partnered with Jim McMahon and Erik Tellefson for senior and mezz financing on The Parkway MOB, a 130,000 SF class A medical office building. Total proceeds exceeded $30,000,000. MRXE Capital Markets sources debt, mezz, preferred equity, structures joint-ventures, and handles investment sales in the medical real estate sector. MRXE Capital Markets […]
News Release: Monroe County, Pa.’s Newest Cancer Center Opens
St. Luke’s Medical Office Building features award-winning cancer care, as well as specialty services. St. Luke’s new, $22 million Cancer Center and Medical Office Building expands the breadth of offerings at St. Luke’s Monroe Campus to include medical, surgical and gynecologic oncology, radiation therapy, infusion (chemotherapy), imaging, orthopedics and a sleep lab. The three-floor, 37,500-square-foot building […]
News Release: Velocis taps Transwestern for leasing and property management at Legacy Oaks Medical Plaza
(OCT. 27, 2017 – San Antonio) – Transwestern’s San Antonio office today announces it has been retained by Velocis to provide leasing and property management services for Legacy Oaks Medical Plaza. Transwestern Senior Vice President Ken Adams and Senior Associate ‘Licia Shreves are the leasing agents for the 224,262-square-foot complex at 5360 – 5430 Fredericksburg […]
News Release: Ventas Reports 2017 Third Quarter Results
Earnings Growth and Enhanced Financial Strength Property Level Growth Across All Segments; Updated and Improved 2017 Guidance Over $600 Million of Strategic Dispositions with Gains Exceeding $500 Million Expansion of Attractive University-Based Life Science Business October 27, 2017 06:56 AM Eastern Daylight Time “Net Operating Income (NOI) and Same-Store Cash NOI by Segment” CHICAGO–(BUSINESS WIRE)–Ventas, […]
News Release: Welbrook Senior Living starts construction of their second Transitional Rehabilitation Facility in New Mexico
FOR IMMEDIATE RELEASE: EL SEGUNDO, CALIFORNIA, October 26, 2016– Welbrook Senior Living has started construction of their second New Mexico Transitional Rehabilitation facility. This new facility will be located in Farmington and complement their soon to be completed facility in Las Cruces. Welbrook has partnered with Embree Asset Group, a full service development company based in Georgetown, Texas […]
News Release: Two NexCore healthcare projects named 2017 HREI Insights Awards™ Finalists
FOR IMMEDIATE RELEASE Media Contact: Tracy Hindman, NexCore Group • 303.293.0673 • Tracy.Hindman@NexCoreGroup.com Healthcare Real Estate Insights™ magazine’s annual, national awards program honors medical facilities the company developed in Tampa, Fla., and Marysville, Ohio Two NexCore Group development projects, Women’s Care Florida Women’s Health Center (top) and Walnut Crossing Assisted Living & Memory Care (bottom), have been named […]
News Release: New hospital, Project Baseline highlighted at State of Stanford Medicine
The annual town hall meeting brought hundreds of faculty and staff together at the Li Ka Shing Center for Learning and Knowledge to hear from the leaders of the two hospitals and medical school, as well as ask them questions. OCT 25 2017 The importance of a diverse community and the politics of health care were […]
News Release: Florida Orthopaedic Institute leases 29,000-square-foot space in new medical office building in Tampa area
Construction started Oct. 24 on 53,000-square-foot building being developed by Ryan Companies TAMPA, Fla. (October 25, 2017) – Florida Orthopaedic Institute has leased a 29,000-square-foot clinical suite in Brandon Gateway Medical Plaza, a 53,000-square-foot multi-tenant medical office building being developed in Brandon by Ryan Companies. Ryan Companies, which is also the architect and contractor of the project, broke […]
News Release: Montecito Medical Acquires the Weston Medical Surgical Pavilion
which houses the Weston Outpatient Surgical Center and other medical providers in South Florida NASHVILLE, TENN., October 25th, 2017 — Montecito Medical Real Estate, one of the fastest growing firms in the country devoted exclusively to medical real estate, has acquired the Weston Medical Surgical Pavilion building, a Class-A, two-story 30,000-square-foot facility located within an affluent medical […]
News Release: Healthcare Trust of America, Inc. Reports Third Quarter 2017 Earnings
$2.7 billion in Year-to-Date Investments Quarter Normalized FFO of $0.42 Per Diluted Share and Same-Property Cash NOI Growth of 2.9% Company Release – 10/24/2017 16:05 SCOTTSDALE, Ariz., Oct. 24, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the three and nine months ended September 30, 2017. Third Quarter 2017 […]
News Release: New Silverado Brea Memory Care Community Project Announced
Unanimous Approval for New Silverado Brea Memory Care Community Construction to begin as early as Spring 2018 The Brea City Planning Commission unanimously approved plans for a two-story, 29,500 sq. ft. Silverado memory care community on the corner of Lambert Road and Peppertree Drive. The community will generate approximately 70 new jobs to support the care of […]
News Release: Art and nature are part of a holistic approach to healing at Lucile Packard Children’s Hospital Stanford
It was the founding vision of Lucile Salter Packard to marry modern science and technology with a holistic approach to healing the body, mind and spirit. That vision was clear when the hospital first opened in 1991, and it is unmistakably expanded in the design of the new main building at Lucile Packard Children’s Hospital Stanford, which is […]
News Release: Just Closed: Fully-Occupied Medical Office Building and Ambulatory Surgery Center
Just closed: Legends Park The JLL Healthcare Capital Markets Group is pleased to announce the sale of Legends Park, a Class A medical office building and ambulatory surgery center totaling 64,020 rentable square feet in Midland, Texas. The property consists of an institutional quality, purpose-built medical office building and an attached ambulatory surgical center with a […]
News Release: Meridian Buys Medical Office Building in Laguna Hills, Calif.
Acquisition Expands Meridian’s Southern California Presence SAN RAMON, CALIF. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has closed escrow on the purchase of The Laguna, a 57,057-square-foot medical office building in Orange County, California. This acquisition expands Meridian’s footprint in Southern California […]
News Release: Groundbreaking for new UAB medical complex in Gardendale set for Nov. 2
The University of Alabama at Birmingham will break ground for a new freestanding emergency department and adjacent medical office building in Gardendale at noon Thursday, Nov. 2. The new facilities will provide increased access to essential medical services for residents of Gardendale/North Jefferson County. Alabama Gov. Kay Ivey will be in attendance at the groundbreaking, along with […]