News Release: Ryan Companies US, Inc. Completes Purchase of Warrenville Land, Plans a System-based Medical Office Development
NAPERVILLE, IL. (May 11, 2016) — With ultimate plans to develop a hospital system-based medical office building complex, Ryan Companies US, Inc. has completed the acquisition of a 9.5-acre land site within the Cantera Business Park, north of I-88, in West suburban Warrenville, Illinois. When complete, the development is likely to have a construction volume […]
News Release: Ann Duginske Joins Ryan Companies US, Inc. as Healthcare Development Manager
Minneapolis (May 25, 2016) — Ryan Companies US, Inc. announced Ann Duginske joined the Ryan team as Healthcare Development Manager. In this position, Ann works closely with health systems, hospitals, and independent physician groups across the nation facilitating their growth strategies through strategic planning, facility acquisition, design and construction acquisitions and property management solutions. “Ann’s […]
News Release: CBRE Facilitates Sale of First Tranche of What is Poised to be the Largest U.S. Medical Office Monetization on Behalf of a Health System on Record
Los Angeles, CA – May 23, 2016—CBRE Group, Inc., announced today the closing of the first tranche of a multi-state, 52-building medical office portfolio on behalf of Colorado-based Catholic Health Initiatives (CHI) for $324 million. In total, the portfolio, which is expected to close in its entirety by year-end, is valued at approximately $700 million. […]
News Release: Just Closed – Forest Park Medical Center – Austin
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Forest Park Medical Center – Austin. Sale Date: May 17, 2016 Price: $115,000,000 Price Per SF: $507 Building Size: 146,997 SF Hospital, 79,708 SF Medical Office Building Year Built: 2015 The CBRE U.S. Healthcare Capital Markets Group is […]
News Release: Brooklyn Health Center Celebrates Topping Out
Set to open in 2017, 12-story, multi-use building will be a major commercial destination in Brooklyn’s Cultural District New York, NY – The Brooklyn Health Center celebrated a milestone today: the placement of its final steel beam, marking the completion of vertical construction. The occasion was marked with a topping out ceremony attended by the […]
News Release: Just Closed – Aurora Health Care Milwaukee Portfolio
The transaction included the permanent financing of the Aurora Health Care Milwaukee Portfolio located in Milwaukee, Wisconsin. Property type: Medical office Close date: May 9, 2016 Financing proceeds: $23,800,000 Total portfolio size: 151,535 SF The JLL Healthcare Capital Markets Group is pleased to announce the closing of the permanent financing on the Aurora Health Care Milwaukee […]
News Release: Griffin-American Healthcare REIT III Reports First Quarter 2016 Results
IRVINE, Calif. (May 17, 2016) – Griffin-American Healthcare REIT III, Inc. today announced operating results for the company’s first quarter ended March 31, 2016. “During the first quarter, Griffin-American Healthcare REIT III completed approximately $90 million in investments, growing its consolidated portfolio to approximately $2.5 billion1 in value, of which we own approximately $2.1 billion2,” […]
News Release: Clinica Family Health Purchases Land for New Headquarters, Clinic in Lafayette Tech Center
Transwestern Represented Nonprofit on Land Assemblage for Expansion, Consolidation (May 17, 2016 – DENVER) – Transwestern’s Denver office today announces Clinica Family Health Services has acquired three adjacent pieces of land totaling 7 acres in the Lafayette Tech Center. The nonprofit plans to relocate its administrative offices and Lafayette clinic from two separate sites to […]
News Release: Tom Herzog to Join HCP as Executive Vice President and Chief Financial Officer
IRVINE, Calif., May 12, 2016 /PRNewswire/ – HCP (NYSE:HCP) today announced that Tom Herzog will join the company as Executive Vice President and Chief Financial Officer (CFO), effective June 27, 2016. Mr. Herzog previously served as CFO of HCP from 2009 to 2011. He will replace HCP’s outgoing Executive Vice President and CFO, Tim Schoen. “Our […]
News Release: Ryan Companies US, Inc. Completes Purchase of Warrenville Land, Plans a System-based Medical Office Development
NAPERVILLE, IL. (May 11, 2016) — With ultimate plans to develop a hospital system-based medical office building complex, Ryan Companies US, Inc. has completed the acquisition of a 9.5-acre land site within the Cantera Business Park, north of I-88, in West suburban Warrenville, Illinois. When complete, the development is likely to have a construction volume […]
News Release: NexCore Group completes St. Anthony North Medical Pavilion in Westminster, Colo.
41,400 square foot outpatient facility 100% leased at grand opening DENVER and WESTMINSTER, Colo., May 11, 2016 – NexCore Group, a top-ranked national healthcare real estate developer, has completed a 41,400 square foot Medical Pavilion on the new St. Anthony North Health Campus. The 35-acre campus is located at the epicenter of a major retail […]
News Release: Sale of a Medical Office Building Totaling 53,000 Square Feet and Recapitalization and Joint Venture of a Portfolio of Five Medical Office Buildings Totaling 166,000 Square Feet
Transaction Overview MedProperties Group (“MPG”) engaged Healthcare Real Estate Capital (“HRE Capital”) as its exclusive financial advisor with respect to the disposition or recapitalization of a 219,000, six building medical office portfolio (“Assets” and collectively the “Portfolio”). The Portfolio was approximately 83 percent leased in aggregate, and featured a critical mass throughout the Chicago area, […]
News Release: Hammes Company ranked as a leading national developer for the 17th consecutive year
National firm tops Modern Healthcare’s annual list with more than $1.19 billion in completed projects in 2015, earning the top spot for the 15th time in the past 17 years MILWAUKEE, May 11, 2016 – Hammes Company has once again topped the annual list of America’s leading healthcare facility developers. Milwaukee-based Hammes Company completed projects […]
News Release: Just Closed – 8 King Road
Sale Date: March 16, 2016 Building Size: 204,495 SF Year Built: Redeveloped 2013-2015 Occupancy: 100% Lee Asher and Chris Bodnar of the U.S. Healthcare Capital Markets Group along with Jeffrey Dunne, Kevin Welsh, and Brian Schultz of the New York Institutional Properties Group, represented Marcus Partners, on behalf of its Marcus Capital Partners Fund I, […]
News Release: HCP To Spin Off HCR ManorCare Portfolio Into Independent, Publicly-Traded REIT
HCP to Focus on Consistent Investment Growth and Performance While Creating a Separate Company with a Flexible Capital Structure and Singular Focus on Deriving Greatest Value from Post-Acute/SNF Assets Mark Ordan Joins HCP as Senior Advisor and Will Become CEO of SpinCo Upon Completion of Transaction Company to Host Conference Call at 5:30 a.m. Pacific […]
