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HCP says that it will break ground on an additional two buildings constituting the third phase of The Cove at Oyster Point, its newest life science development in South San Francisco. (Rendering courtesy of HCP)

News Release: Third Phase of Construction at HCP’s The Cove at Oyster Point in South San Francisco to Begin, Fueled by Strong Leasing Activity

News Release Issued: Nov 1, 2016 (8:02am EDT) IRVINE, Calif. and SAN FRANCISCO, Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) announced today that it will break ground on an additional two buildings constituting the third phase of The Cove at Oyster Point (“The Cove”), its newest life science development located in the epicenter of South San Francisco’s […]

News Release: HCP Announces Results for Quarter Ended September 30, 2016 and Completes the QCP Spin Transaction

News Release Issued: Nov 1, 2016 (8:03am EDT)   IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — THIRD QUARTER 2016 AND RECENT HIGHLIGHTS —    EPS and FFO per share were $0.32 and $0.65, respectively; FFO as adjusted was $0.72 per share —    Completed spin-off of Quality Care Properties, Inc. (“QCP”) (NYSE:QCP) on October 31, 2016; see […]

News Release: HCP to Sell a Portfolio of 64 Brookdale Communities for $1.125 Billion

News Release Issued: Nov 1, 2016 (8:01am EDT)   Resulting in Lower Brookdale Concentration; Improving HCP’s Lease Coverage and Balance Sheet IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) today announced that it has entered into definitive agreements to sell a portfolio of 64 properties leased to Brookdale Senior Living, Inc. (“Brookdale”) for an […]

News Release: HCP Declares Quarterly Cash Dividend on Common Stock

News Release Issued: Nov 1, 2016 (8:00am EDT) IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) announced that its Board of Directors declared a quarterly common stock cash dividend of $0.37 per share.  The dividend will be paid on November 25, 2016 to stockholders of record as of the close of business on November […]

News Release: HCP, Inc. Completes Spin-Off of Quality Care Properties, Inc.

News Release Issued: Oct 31, 2016 (4:15pm EDT) Quality Care Properties to Begin “Regular Way” Trading on NYSE on November 1 IRVINE, Calif., Oct. 31, 2016 /PRNewswire/ — HCP, Inc. (NYSE:HCP) announced today that it has completed the previously announced spin-off (the “Spin-Off”) of its HCR ManorCare portfolio of skilled nursing and assisted living assets, as […]

The building is scheduled to open in June 2017 and will be anchored by PrairieCare LLC. (Rendering courtesy of Ryan Cos.)

News Release: Ryan Breaks Ground on 610 Medical Center in Brooklyn Park, Minn.

MEDIA ALERT October 28, 2016 What: Ryan Companies US, Inc. is hosting a groundbreaking ceremony to celebrate the start of construction for 610 Medical Center, a 40,000 square-foot state-of-the-art outpatient services center located within the 610 Zane Business Park in Brooklyn Park. The building is scheduled to open in June 2017 and will be anchored […]

Michelle Lagos (Photo courtesy of Meridian)

News Release: Healthcare Landlord Leasing Specialist Michelle Lagos Joins Meridian as Senior Asset Manager

FOR IMMEDIATE RELEASE:  IRVINE, Calif. – Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced today that healthcare leasing specialist Michelle Lagos was hired as the senior asset manager and will play an active role in the management of Meridian’s Southern California portfolio. “In her […]

1815-1837 Sunnycrest Drive, Fullerton, Calif. (Site plan courtesy of CBRE)

News release: Just Sold – Medical Office Building Sells to Owner/User – Fullerton, CA

1815-1837 Sunny Crest Drive, Fullerton, Calif. CBRE’s Investment Properties-So Cal team is pleased to announce the sale of a single tenant medical office building located at 1815-1837 Sunnycrest Drive in Fullerton, CA. The sale price was $6,500,000 or $250 PSF. Gary Stache, Brad McCarthy and Doug Mack of CBRE represented the both the seller and […]

The future Children’s Hospital of San Antonio Health Pavilion - Stone Oak will be a three-story, 60,000 square foot medical office building providing a wide array of outpatient pediatric services, including pediatric emergency care. Photo courtesy of Seavest Healthcare Properties

News Release: Seavest begins development of new MOB for CHRISTUS Santa Rosa’s Children’s Hospital of San Antonio

Private investment management firm develops three-story, 60,000 square foot Health Pavilion at Stone Oak with Trammell Crow SAN ANTONIO and WHITE PLAINS, N.Y., Oct. 26, 2016 – CHRISTUS Santa Rosa Health System’s Children’s Hospital of San Antonio is bringing higher-quality, more comprehensive and more convenient pediatric care, ambulatory and emergency services to North San Antonio […]

News Release: HDR Architect Earns ACHA Certification

Charlotte architect earns industry honor Omaha, NE – The American College of Healthcare Architects (ACHA) has announced that James J. Atkinson, AIA, ACHA, EDAC, LEED AP, HDR vice president and director of healthcare planning, has earned board certification in healthcare architecture. Jim recently passed an accredited examination, which assesses the knowledge and understanding of architects […]

News Release: Jacksonville Jaguars $1 million gift creates $2.25 million endowment to Baptist MD Anderson Cancer Center

Funds to support women’s breast cancer prevention, treatment and care Shad Khan, owner of the Jacksonville Jaguars, has made a $1 million gift to Baptist MD Anderson Cancer Center that, with matching funds, has created a $2.25 million Jacksonville Jaguars endowment for breast cancer prevention, treatment, and care. Khan presented a check to Hugh Greene, […]

News Release: HDR’s Omaha Architecture Studio Welcomes Caroline Hinrich

Omaha, NE – Caroline Hinrichs has joined HDR’s Omaha architecture staff as a principal, client & community relations, and she is responsible for client relations and community engagement in Omaha. Caroline says she’s excited to help position HDR in meaningful and cooperative, mutually beneficial ways: “There’s so much happening in the building industry; we can […]

Grand Palms Assisted Living and Memory Care is a provider of long-term care and rehabilitation services in Orlando, Fla.

News Release: Capital One Closes $162.5 Senior Secured Credit Facility for Palm Garden Healthcare

Bethesda, Md.  (October 24, 2016) – Capital One announced today that it served as sole lead arranger and administrative agent for a $162.5 million senior secured credit facility consisting of a real estate term loan, a capex line of credit and an asset-based revolver. Palm Garden Healthcare, the borrower, owns 14 skilled nursing facilities and an […]

News Release: Marcus & Millichap Arranges the Sale of a 11,000-Square Foot Net-Leased Property

News Release: Marcus & Millichap Arranges the Sale of a 11,000-Square Foot Net-Leased Property

AURORA, OH, December 1, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of The UH Walden Health Center, a 11,000-square-foot, net-leased property located in Aurora, OH. According to Michael L. Glass, regional manager of the firm’s […]

Tarzana Professional Center, Tarzana, Calif.(Photo courtesy of Marcus & Millichap)

News Release: Marcus & Millichap sells San Fernando Valley office and medical campus for $32 million

TARZANA, Calif., Oct. 20, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Tarzana Professional Center, an office and medical campus consisting of approximately 160,345 rentable square feet in Tarzana, California. The $32 million sales price […]