News Release: The Neenan Company, Gerding Builders break ground on Samaritan Pacific Communities
Community Approval of $57 Million Bond Supports Updated Critical Access Hospital FORT COLLINS, Colo. — The Neenan Company, a fully integrated design-build firm based in Colorado, and Gerding Builders have broken ground on the redevelopment of a 126,000-square-foot critical access hospital for Samaritan Pacific Communities Hospital (SPCH) in Newport, Ore. The Neenan Company serves […]
News Release: Spectrum Health Opens Newest Integrated Care Campus
SPECTRUM HEALTH MEDICAL GROUP GRAND RAPIDS, Mich., May 26, 2017 – Spectrum Health will celebrate the opening of its newest integrated care campus next week. The newly-renovated facility is located at 426 Michigan Street NE in Grand Rapids. A ribbon-cutting event will be held at 3:30 p.m. on Tuesday, May 30. Several Spectrum Health representatives […]
News Release: U of L Tops Out New Pediatric Medical Office Building
Published on May 26, 2017 The first new health care delivery facility to be constructed in the Louisville Medical Center in nearly a decade reached its full height today. The University of Louisville celebrated the topping off the Pediatrics Medical Office Building with the ceremonial placement of the final, signed beam. The 171,000 sq. ft. […]
News Release: $68 Million Chappaqua Crossing: A Joint Venture of The Grossman Companies and Summit Development in New York’s Westchester County
High-end, 19-Acre Retail Center Is Located on Former Readers Digest World HQ Quincy, MA / Southport, CT / Chappaqua, NY (Issued May, 2017) — In one of the largest ground-up development projects in its 40-year commercial real estate history, The Grossman Companies, Inc., based in Quincy, Mass., (www.grossmanco.com), has partnered with Summit Development of Southport, […]
News Release: Griffin-American Healthcare REIT IV Acquires Two-Building Medical Office Building Portfolio in Athens, Georgia
ATLANTA, May 24, 2017 /PRNewswire/ — American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired the two-building Athens Medical Office Building Portfolio in Athens, Georgia, approximately 70 miles east of Atlanta. Built in 2007, the approximately 61,000-square-foot Athens Medical Office Building […]
News Release: Rendina and Clara Maass Medical Center Celebrate Grand Opening of 87,000 square foot Expansion
BELLEVILLE, N.J., May 24, 2017 – Last month, representatives from Rendina Healthcare Real Estate joined Clara Maass Medical Center CEO Mary Ellen, hospital employees, and town officials to celebrate the grand opening of the 87,000 square foot medical office/ICU addition in Belleville. The facility was developed by Rendina as part of its ongoing relationship with […]
News Release: Caddis completes four major medical office building closings in one day
‘Strong company growth’ includes two acquired MOBs in Texas, the sale-leaseback of six-building portfolio in Illinois, refinanced MOBs and more DALLAS, May 24, 2017 – In one fast-paced, remarkable day, Caddis completed four major medical office building (MOB) closings, including acquisitions, a refinancing, a sale-leaseback transaction and the formation of a new holding company that […]
News Release: Caddis completes four major medical office building closings in one day
‘Strong company growth’ includes two acquired MOBs in Texas, the sale-leaseback of six-building portfolio in Illinois, refinanced MOBs and more DALLAS, May 24, 2017 – In one fast-paced, remarkable day, Caddis completed four major medical office building (MOB) closings, including acquisitions, a refinancing, a sale-leaseback transaction and the formation of a new holding company that benefits […]
News Release: Dignity Health Breaks Ground For New Medical Office Building
State-of-the-art medical office in Citrus Heights will serve the growing medical needs of the community and improve access to quality care for residents. Dignity Health Medical Foundation broke ground on May 23, 2017 on a new 68,000-square-foot, state-of-the-art medical office building in Citrus Heights that will serve the growing medical needs of the community and […]
News Release: The Lakes at Stillwater Senior Living Campus Unanimously Approved by City
MINNEAPOLIS, Minn. (May 23, 2017) –The Stillwater City Council on Tues., May 16, unanimously approved a Special Use Permit, Planned Unit Development and Preliminary Platt for the city’s first senior living campus on approximately 50 acres. Intergenerational Living & Health Care, Inc. (ILHC), a nonprofit organization pioneering interactive programming to bring children and seniors together, […]
News Release: Sanders Capital Partners Acquires Cincinnati Office Building for $3.4 Million
Birmingham, Ala. – Sanders Capital Partners, LLC (SCP), a Birmingham, Alabama based real estate acquisition and development firm, completed its acquisition of a 21,506-square-foot corporate headquarters in Cincinnati, Ohio for $3.4 million. The property enjoys a long-term lease to Oncology Hematology Care, Inc. (OHC), one of the nation’s largest independent cancer care practices. The Cincinnati […]
News Release: Bull Realty Brokers $16.8 Million Medical Office Building in Athens, GA
ATLANTA (May 22, 2017) — Paul Zeman, President of Healthcare Real Estate Services at Bull Realty, brokered the sale of “The Exchange,” two identical medical office buildings totaling 61,203 SF in Athens, GA. The sale closed on May 18, 2017 for $16.8 million. The Exchange was built in 2007 by Bell Harrison Development. St. Mary’s […]
News Release: Medical Properties Trust, Inc. to Invest $1.4 Billion in Ten Acute Care Hospitals and One Behavioral Health Facility
Investor Relations Press Release Acquisitions Immediately Accretive to Normalized FFO by Approximately $0.10 Per Share BIRMINGHAM, Ala.–(BUSINESS WIRE)–May 19, 2017– Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has signed definitive agreements to acquire the real estate interests of ten acute care hospitals and one behavioral health facility […]
News Release: Robert Smith Designated as Jersey Shore University Medical Center Foundation’s Board of Trustees Member
The Allied’s Group’s Founder/CEO Recognized for Strong Philanthropy and Community Service NEPTUNE, N.J., May 18, 2017 – The Allied Group’s CEO, Robert Smith, was recently appointed to Hackensack Meridian Health Jersey Shore University Medical Center Foundation’s Board of Trustees. The founder of the industry-leading renovation company, who lives and works in Monmouth County, NJ, was […]
News Release: Brandon Wallace Joins Cushman & Wakefield as Senior Director
Wallace Bolsters Cushman & Wakefield’s Atlanta Healthcare Practice Group ATLANTA, May 18, 2017 – Cushman & Wakefield has hired industry veteran Brandon Wallace as Senior Director to co-lead the company’s Healthcare Practice Group in Atlanta alongside George Olmstead, Senior Director. Wallace will bring his proven strategic relationships and healthcare real estate expertise to this growing […]