News Release: JUST SOLD – Two MOBs totaling 57,000 square feet, located in Pennsylvania
Chicago, Illinois, November 28th, 2016 – Brown Gibbons Lang | Real Estate Partners (“BGLREP”), a division of Brown Gibbons Lang & Company (“BGL”), is pleased to announce the sale of two (2) medical office buildings, totaling 57,000 square feet, located in Wyomissing, Pennsylvania and Pottsville, Pennsylvania. Christopher Stai and Clinton Parker, Managing Directors of BGLREP’s […]
News Release: It’s Official: New Tenants Announced
New Tenant Announced at Optimal Outcomes’ Bayboro Building Pediatric Cardiology Associates (PCA) recently opened its new medical office at 625 6th Avenue South, Suite 120. Their new location offers 7,500 square feet of comprehensive cardiac services for children in St. Petersburg. To further streamline services, the practice is currently building out an additional 6,000 square […]
News Release: Two NexCore healthcare projects named 2016 HREI Insights Awards™ Finalists
Healthcare Real Estate Insights™ magazine’s annual, national awards program honors medical facilities the company developed in Avon, Colo., and Lewis Center, Ohio DENVER and AVON, Colo., and LEWIS CENTER, Ohio, Nov. 23, 2016 – Two healthcare facilities developed by NexCore Group, a national healthcare real estate developer, have been honored as Finalists in Healthcare Real […]
News Release: Healthcare Leader Returns to HDR
Arlington, VA – Healthcare architect Susana Andrade Erpestad, AIA, ACHA, NCARB, EDAC, LEED AP BD+C, has returned to HDR as a healthcare principal in its Washington, D.C. architecture studio. In her new role, Susana will be focused on client engagement and will spearhead growth and development. Additionally, she will participate in the studio’s leadership group […]
News Release: Duke Realty-developed Baylor McKinney 2 MOB near Dallas now open for business
The new medical office building will help Baylor Scott & White meet increasing demand for additional healthcare services in the fast-growing Dallas-Fort Worth area McKINNEY, Texas, and INDIANAPOLIS, Nov. 18, 2016 – Dallas/Fort Worth is one of the fastest growing areas of the country, and residents’ healthcare needs are increasing as well. Baylor Scott & […]
News Release: Just Sold – 15 Year Leased DaVita – 38454 5th Street West, Palmdale, CA to 1031 Buyer
CBRE’s Investment Properties-So Cal team is pleased to announce the sale of a single tenant, 100% leased DaVita located at 38454 5th Street West in Palmdale, CA. The property is leased for 15 years and sold for a record price of $6,972,000 ($507 psf), a 5% cap rate. Gary Stache, Mark Shaffer, Doug Mack and […]
News Release: NK Architects – Expanding our Staff and Leadership
NK Architects is very pleased to announce the hire of several new staff members to support design services in our New York and New Jersey studios. Additionally, we are proud to recognize the talents and contributions of three members of our staff through promotions to Associate and Senior Associate levels. Embracing the challenges and responsibilities […]
News Release: John Muir Health Completes Series 2016A,B and C Refunding Transactions
“H2C’s execution of the financing allowed JMH to achieve an amazing outcome that saved us money and increased the organization’s financial and operational flexibility.” – Christian Pass, Chief Financial Officer, John Muir Health NEW YORK — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive financial advisor and placement agent to John […]
News Release: Just Closed – Hock Plaza II & Duke Fertility Center in Durham, North Carolina
The transaction involved the investment sale of Hock Plaza II and Duke Fertility Center in Durham, North Carolina. Deal Highlights Property Type Medical Office Sale Date November 8, 2016 Square Feet 98,324 RSF Purchase Price $34,750,000 Occupancy 100% The JLL Healthcare Capital Markets Group is pleased to announce the sale of Hock Plaza II and […]
News Release: Just closed: Hock Plaza II & Duke Fertility Center in Durham, North Carolina
The transaction involved the investment sale of Hock Plaza II and Duke Fertility Center in Durham, North Carolina. Deal highlights Property type: Medical office Sale date: November 8, 2016 Square feet: 98,324 r.s.f. Purchase price: $34,750,000 Occupancy: 100% The JLL Healthcare Capital Markets Group is pleased to announce the sale of Hock Plaza II and […]
News Release: Webster Bank Closes Levered ESOP Financing for Medical Arts Sanitarium, Inc.
NEW YORK, N. Y., November 16, 2016 – Webster Bank announced today that it has provided $20 million in senior credit facilities to Medical Arts Sanitarium, Inc., dba Cornerstone Treatment Facilities Network (CTFN), a leading provider of substance use disorder treatment services, in support of CTFN’s change of control and ownership conversion to an Employee […]
News Release: Baptist Health and Walgreens Announce Collaboration to Enhance Patient Care Across Northeast Florida Community
DEERFIELD, Ill. and JACKSONVILLE, Fla., Nov. 16, 2016 – Baptist Health and Walgreens today announced a collaboration focused on improving and coordinating healthcare to create greater convenience and value for residents of northeast Florida. As part of the agreement, in early January 2017, Baptist’s retail pharmacy operations will open under Walgreens ownership at Baptist Medical […]
News Release: Kevin Tyler Joins Welltower as Vice President – Investments
November 14, 2016 TOLEDO, Ohio–(BUSINESS WIRE)–Nov. 14, 2016– Welltower Inc. (NYSE:HCN) today announced Kevin Tyler has joined Welltower as Vice President – Investments. Mr. Tyler joins Welltower from Green Street Advisors where he served as Analyst and Healthcare Sector Head. He will be headquartered at the company’s Beverly Hills, California office and will focus on […]
News Release: HCP Announces Next Generation of Leadership with Promotions of Tom Herzog and Justin Hutchens
Mr. Herzog to Become CEO and Mr. Hutchens President, Effective January 1, 2017 Company Retains Korn Ferry to Conduct CFO Search IRVINE, Calif. and SAN FRANCISCO, Nov. 14, 2016 /PRNewswire/ — HCP (NYSE:HCP) (“HCP” or the “Company”) announced today that its Board of Directors intends to elect Tom Herzog, HCP’s current Chief Financial Officer, as […]
News Release: Meridian Receives HREI Insights Awards Nomination for Two Medical Office Building Projects
Oakland and Palmdale MOBs Earn Finalist Status in National Award Competition SAN RAMON, CALIF. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that two of its projects have been selected as finalists in the 2016 HREI Insights Awards competition in the “Best New Medical Office Buildings […]
