News Release: Duke Realty’s Healthcare Group ramps up on West Coast with addition of David Chung
New Vice President of Development, Healthcare, will leverage his more than 20 years of experience in all phases of healthcare development to increase company’s western footprint INDIANAPOLIS, Aug. 31, 2016 – Duke Realty, an Indianapolis-based nationwide commercial real estate company, has hired experienced West Coast medical real estate professional David Chung as Vice President of Development, Healthcare. […]
News Release: Stream Launches Healthcare Division in DFW with Hire of Managing Director
John Huff to Lead New Platform and Drive Strategic Opportunities Throughout DFW Region DALLAS (August 29, 2016) – Stream Realty Partners (Stream), a full-service national real estate investment, development and services company, announced today the hiring of John Huff as managing director to lead its new healthcare real estate division. In this capacity, Huff will […]
News Release: FishHawk HealthPark Open for Business
LITHIA, Fla. – FishHawk HealthPark, a new medical complex featuring physicians and dental offices, has opened at the corner of FishHawk Boulevard and Skytop Drive, in the Village Center in FishHawk Ranch. FishHawk Ranch is owned in a joint venture partnership between NORTH AMERICA SEKISUI HOUSE, LLC (NASH), the U.S. business unit and full subsidiary […]
News Release: MedProperties Holdings and Cypress West acquire McHenry Medical Building in California
The 62,000 square foot healthcare facility on the campus of Doctors Medical Center in Modesto, Calif., is 100 percent leased by multi-tenant physician practices MODESTO, Calif., and DALLAS, Aug. 24, 2016 – It’s not often an investor can acquire a 100 percent leased, on-campus medical office building (MOB) at a value-add price. But MedProperties Holdings […]
News Release: NexCore leads innovative approach to bring Buck Creek Medical Plaza to Colorado’s Vail Valley
New healthcare facility provides one-stop outpatient care to underserved mountain community via unique collaboration between developer, town government, fire district and landowner AVON and DENVER, Colo., Aug. 24, 2016 – When NexCore Group, a national healthcare real estate developer, broke ground on the new three-story, 48,400 square foot Buck Creek Medical Plaza in Avon more […]
News Release: Medistar Corporation Announces Development of Skilled Nursing, Assisted Living and Memory Care Facility in El Paso, Texas with Vibra Healthcare as Operator
El Paso, TX (August 22, 2016) – Medistar Corporation (“Medistar”) announced today that Vibra Healthcare, LLC (“Vibra”) will be the operator of a new VibraLife community located at 3421 Joe Battle Boulevard, El Paso, Texas 79938. Now in construction immediately across Joe Battle Boulevard from Tenet Healthcare’s The Hospitals of Providence East Campus, this new and innovative facility will […]
News Release: EnTrust Closes Sale of Highland Park MOB in Record Time
EnTrust Closes Sale of Highland Park MOB in Record Time CHICAGO (August 16, 2016) – EnTrust Realty Advisors completed the sale of Laurel Terrace, a 28,000 SF Class A medical office building in downtown Highland Park, Ill., to an investment fund of Harrison Street Real Estate. The sale took only one week to complete, from […]
News Release: CareTrust REIT Makes Preferred Equity Investment
SAN CLEMENTE, Calif., Aug. 11, 2016 (GLOBE NEWSWIRE) — CareTrust REIT, Inc. (NASDAQ:CTRE) today announced that it completed a $2.2 million preferred equity investment with a development affiliate of existing CareTrust tenant Cascadia Healthcare, LLC. Cascadia will use the preferred equity funds to construct a new 99-bed transitional rehabilitation facility in Nampa, Idaho, just a […]
News Release: AW Property Co. Expands its Florida Healthcare Real Estate Portfolio with Acquisitions in Sarasota and Fort Lauderdale
Palm Beach Gardens, Florida – August 18, 2016 – AW Property Co., the leading real estate investment and operating company specializing in medical and professional office properties in major markets throughout Florida, today announced the acquisition of two medical office buildings adding to its growing portfolio of healthcare real estate. AW currently owns and operates […]
News Release: FJ Announces Rodger Foresman as President
Today, Freese Johnson names Rodger Foresman as the new company President. We are excited to share the news about recent changes to our corporate structure that will streamline our organization and provide leadership as we continue to grow. The company has continued to expand over the past several years, currently serving clients in more than […]
News Release: Duke Realty reports strong healthcare leasing, project completion activity in first half of 2016
In-service occupancy at mid-year was 95.8 percent – a record high – and three new projects opened: two rehabilitation hospitals in Ohio and one community hospital in Colorado INDIANAPOLIS, Aug. 17, 2016 – Duke Realty, an Indianapolis-based nationwide commercial real estate company, reported strong performance in its healthcare portfolio in the first half of the […]
News Release: Colliers closes sale of 52,000-square-foot medical office building in Fort Bend County
Colliers International represented Rotunda Medical Properties, LP in the acquisition of the Rotunda Building August, 16, 2016, Houston – Ohio-based Rotunda Medical Properties, LP, an entity of Woodside Health/Crescendo Commercial Realty, made its first purchase in the fast-growing Sugar Land submarket of Houston Texas according to their broker Beth Young, senior vice president of Colliers International’s […]
News Release: Welltower’s Justin Hill Named Senior Vice President – Business Development
Welltower Inc. (NYSE:HCN) today announced the promotion of Justin Hill to Senior Vice President – Business Development. In this role, Mr. Hill will focus on the growth and development of Welltower’s West Coast portfolio and will manage the company’s new Beverly Hills, California office. Justin will continue to report to Mercedes Kerr who was recently […]
News Release: Montecito Medical Acquires 19th Property Since August 2015
BRENTWOOD, Tenn., Aug. 15, 2016 – Montecito Medical, a Nashville-based owner of medical office buildings throughout the U.S., has acquired the Terrace Park Professional Center in Bettendorf, Iowa. The three-story, Class-A medical office building encompasses 59,615 square feet and is directly connected to the 139-bed Trinity Medical Center. Both were built in 2004. Onsite specialties […]
News Release: SANTÉ Realty Investments Acquires Medical Office Building
Arizona Realty Company finds Under-valued Office Property in Indianapolis INDIANAPOLIS, IN — SANTÉ Realty Investments of Tempe, Ariz., has just closed on The Meridian Office Building in Indianapolis. The 10-story, brick building is a multi-tenant medical office building consisting of 92,000 square feet. With just 70% occupancy, there is excellent opportunity to create value through targeted […]