News Release: Just Closed – Hock Plaza II & Duke Fertility Center in Durham, North Carolina
The transaction involved the investment sale of Hock Plaza II and Duke Fertility Center in Durham, North Carolina. Deal Highlights Property Type Medical Office Sale Date November 8, 2016 Square Feet 98,324 RSF Purchase Price $34,750,000 Occupancy 100% The JLL Healthcare Capital Markets Group is pleased to announce the sale of Hock Plaza II and […]
News Release: Just closed: Hock Plaza II & Duke Fertility Center in Durham, North Carolina
The transaction involved the investment sale of Hock Plaza II and Duke Fertility Center in Durham, North Carolina. Deal highlights Property type: Medical office Sale date: November 8, 2016 Square feet: 98,324 r.s.f. Purchase price: $34,750,000 Occupancy: 100% The JLL Healthcare Capital Markets Group is pleased to announce the sale of Hock Plaza II and […]
News Release: Webster Bank Closes Levered ESOP Financing for Medical Arts Sanitarium, Inc.
NEW YORK, N. Y., November 16, 2016 – Webster Bank announced today that it has provided $20 million in senior credit facilities to Medical Arts Sanitarium, Inc., dba Cornerstone Treatment Facilities Network (CTFN), a leading provider of substance use disorder treatment services, in support of CTFN’s change of control and ownership conversion to an Employee […]
News Release: Baptist Health and Walgreens Announce Collaboration to Enhance Patient Care Across Northeast Florida Community
DEERFIELD, Ill. and JACKSONVILLE, Fla., Nov. 16, 2016 – Baptist Health and Walgreens today announced a collaboration focused on improving and coordinating healthcare to create greater convenience and value for residents of northeast Florida. As part of the agreement, in early January 2017, Baptist’s retail pharmacy operations will open under Walgreens ownership at Baptist Medical […]
News Release: Kevin Tyler Joins Welltower as Vice President – Investments
November 14, 2016 TOLEDO, Ohio–(BUSINESS WIRE)–Nov. 14, 2016– Welltower Inc. (NYSE:HCN) today announced Kevin Tyler has joined Welltower as Vice President – Investments. Mr. Tyler joins Welltower from Green Street Advisors where he served as Analyst and Healthcare Sector Head. He will be headquartered at the company’s Beverly Hills, California office and will focus on […]
News Release: HCP Announces Next Generation of Leadership with Promotions of Tom Herzog and Justin Hutchens
Mr. Herzog to Become CEO and Mr. Hutchens President, Effective January 1, 2017 Company Retains Korn Ferry to Conduct CFO Search IRVINE, Calif. and SAN FRANCISCO, Nov. 14, 2016 /PRNewswire/ — HCP (NYSE:HCP) (“HCP” or the “Company”) announced today that its Board of Directors intends to elect Tom Herzog, HCP’s current Chief Financial Officer, as […]
News Release: Meridian Receives HREI Insights Awards Nomination for Two Medical Office Building Projects
Oakland and Palmdale MOBs Earn Finalist Status in National Award Competition SAN RAMON, CALIF. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that two of its projects have been selected as finalists in the 2016 HREI Insights Awards competition in the “Best New Medical Office Buildings […]
News Release: Edward Vidlak Named Director of Education at HDR
Omaha, NE – Edward J. Vidlak, AIA, NCARB, has been named Director of Education within HDR’s architecture practice. Ed will be responsible for developing the firm-wide education practice at HDR, leveraging the firm’s portfolio that includes award-winning K-12, higher education and corporate education facilities. He will work with colleagues from around the world to bring […]
HREI Insights Awards™ Finalists announced
Healthcare Real Estate Insights™ reveals the Finalists for the fourth annual awards recognizing excellence in healthcare real estate development and leadership MINNEAPOLIS, Nov. 14, 2016 – Healthcare Real Estate Insights™ magazine is pleased to announce the Finalists of the 2016 HREI Insights Awards™, the only national awards dedicated to recognizing excellence in the areas of healthcare […]
News Release: HCP Announces Next Generation of Leadership with Promotions of Tom Herzog and Justin Hutchens
Mr. Herzog to Become CEO and Mr. Hutchens President, Effective January 1, 2017 Company Retains Korn Ferry to Conduct CFO Search IRVINE, Calif. and SAN FRANCISCO, Nov. 14, 2016 /PRNewswire/ — HCP (NYSE:HCP) (“HCP” or the “Company”) announced today that its Board of Directors intends to elect, HCP’s current Chief Financial Officer, as Chief Executive Officer and […]
News Release: Medical industry executive Jared Stark named Duke Realty SVP, Healthcare Development
Former University Hospital & Clinics’ CEO will leverage more than 20 years of experience to help expand the company’s healthcare real estate development activities across the country INDIANAPOLIS, Nov. 10, 2016 – Jared L. Stark, who has served in executive leadership positions with several leading healthcare organizations, has been named Senior Vice President of […]
News Release: Medical industry executive Jared Stark named Duke Realty SVP, Healthcare Development
Former University Hospital & Clinics’ CEO will leverage more than 20 years of experience to help expand the company’s healthcare real estate development activities across the country INDIANAPOLIS, Nov. 10, 2016 – Jared L. Stark, who has served in executive leadership positions with several leading healthcare organizations, has been named Senior Vice President of Healthcare Development at […]
News Release: AP Break Ground on Major Renovations and Expansion at Coryell Memorial
11/09/2016 GATESVILLE, Tex. – Today at 12:30, Coryell Memorial Healthcare System hosted a groundbreaking ceremony to officially kick off construction for a major renovation and expansion project at Coryell Memorial Hospital in Gatesville, TX. Designed by Mike Hale Architects, Adolfson & Peterson Construction (AP) is serving as the construction manager for this project which includes […]
Industry Pulse: What will the Trump win mean for the HRE sector?
With ObamaCare facing an uncertain fate, will we see a return to “analysis paralysis?” If you attended the annual BOMA Medical Office Buildings (MOBs) conference in Orlando in May, you might recall that the luncheon keynote speaker on Day 2 was Charlie Cook, publisher of The Cook Political Report. During his very interesting and entertaining […]
News Release: NorthStar Realty Finance Announces Third Quarter 2016 Results
NorthStar Realty Finance Announces Third Quarter 2016 Results NEWS PROVIDED BY NorthStar Realty Finance Corp. Nov 08, 2016, 07:00 ET SHARE THIS ARTICLE NEW YORK, Nov. 8, 2016 /PRNewswire/ — Third Quarter 2016 Highlights U.S. GAAP net (loss) to common stockholders of ($100.4) million, or ($0.56) per diluted share and cash available for distribution (“CAD”) […]