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 […]
News Release: Cleveland Clinic Partners with Rendina on Family Health Center
JUPITER, Fla., May 17, 2017 – Cleveland Clinic and Rendina Healthcare Real Estate have broken ground on a new $32 million, 72,000-square-foot Family Health Center in Coral Springs, Fla. Situated on a 5.25 acre site at the intersection of University Drive and Sawgrass Expressway, the three-story facility will be fully occupied by Cleveland Clinic and […]
News Release: Capital One Closes $32.7 Million Loan for Medical Office Building Portfolio
FOR IMMEDIATE RELEASE Capital One Closes $32.7 Million Loan for Medical Office Building Portfolio Bethesda, Md. (May 17, 2017) – Capital One announced today that it provided a $32.7 million loan for a portfolio of six medical office buildings in Florida, Georgia, South Carolina and Texas, totaling 186,000 square feet. Caddis Healthcare Real Estate—an investment, development […]
News Release: Hammond Hanlon Camp LLC Advises Pekin Memorial Hospital on its Affiliation with UnityPoint
CHICAGO (May 17, 2017) — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive advisor to Pekin Memorial Hospital (“Pekin”), its sponsor, Progressive Health Systems (“PHS” or the “System”), and other PHS affiliates, in a transfer of membership to UnityPoint Health-Peoria. Pekin is a 107-bed hospital located in Pekin, Illinois, […]
News Release: Transwestern Deepens National Healthcare Services with Project and Construction Management
Peter Stojkovic Joins the Firm as National Managing Director (MAY 17, 2017 – HOUSTON) – Transwestern today announces Peter Stojkovic has been appointed National Managing Director in the firm’s Healthcare Advisory Services group to oversee project management and construction services for healthcare projects across the country. Stojkovic, who is based in the Houston headquarters, also […]
News Release: Recent MOB Sale – Rainier Orthopedic Institute
Global Healthcare Services Structures Tax-Efficient Seller Reinvestment for Seattle MOB Disposition Written by: Jonathan Kesler, Global Healthcare Services The Newmark Grubb Knight Frank Global Healthcare Services team recently closed the on the sale of the Rainier Orthopedic Institute in Puyallup, WA. Anchored by Proliance Orthopedic Associates, a dominant provider of orthopedic care in the Puget […]