News Release: Closing Announcement – New Orleans – $10.5M Medical Office Sale – Fairfield Advisors
Fairfield Advisors announces successful closing of Napoleon Medical Building in New Orleans, LA. – $10,500,000 Sale – Denver CO & New Orleans LA (December 19, 2014)- Fairfield Asset Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the successful sale of the Napoleon Medical Building located at 2633 Napoleon Avenue in […]
News Release: GE Capital Agents $500 Million Credit Facility for Brookdale Senior Living
BETHESDA, Md., Dec 22, 2014 (BUSINESS WIRE) — GE Capital’s Healthcare Financial Services (HFS) business announced today that it has agented a $500 million credit facility for Brookdale Senior Living Inc. HFS is administrative agent and GE Capital Markets is sole lead arranger on the transaction. The funds may be used to finance acquisitions, to […]
News Release: Baptist Health System Signs Letter of Intent with Tenet Healthcare
Companies begin exclusive non-binding discussions to form new joint venture to provide care in central Alabama BIRMINGHAM, Ala. – Dec. 15, 2014 – Baptist Health System today announced that it has signed an exclusive, non-binding Letter of Intent (LOI) with a subsidiary of Tenet Healthcare Corporation (NYSE: THC), the parent company of Brookwood Medical Center, […]
News Release: NGKF Global Healthcare Services Negotiates Sale of Columbus Regional Healthcare System Medical Office Portfolio
Atlanta (December 2014)—Newmark Grubb Knight Frank (NGKF) Global Healthcare Services has negotiated the sale of the Columbus Regional Healthcare System (CRHS) medical portfolio, which comprises 12 medical office buildings located in Columbus, Ga., and one medical office property in Phenix City, Ala. Physicians Realty Trust (NYSE:DOC), a self-managed healthcare real estate investment trust (REIT), purchased […]
News Release: Berkeley Investments Taps Transwestern | RBJ To Lease Vacant Building Near Boston Medical Center
801 Albany St. in South End Ideal for Office, Medical Office Users (December 19, 2014 – Boston) – Transwestern | RBJ today announces the firm has been hired by Berkeley Investments Inc. as the exclusive leasing agent for 801 Albany St., a 42,000-square-foot, brick-and-beam building located in Boston’s South End neighborhood. The four-story building formerly […]
News Release: JLL Drives Growth with Capital Markets Hire in Mid-Atlantic
Paul Spellman joins firm as Senior Vice President WASHINGTON, D.C., Dec. 18, 2014 – To drive further growth in its overall Capital Markets business, JLL today announced the firm is expanding its Mid-Atlantic platform with the addition of Paul Spellman as a Senior Vice President. Spellman, based in the Washington, D.C. office, will have a […]
News Release: Cornerstone Awarded 675,000+ Sq Ft Contract
Cornerstone Companies, Inc. Awarded 675,000+ Square Foot Management Contract Indianapolis, IN – December 15, 2014 – Local real estate development company, Cornerstone Companies, Inc. has been hired by American Healthcare Investors Management Services, Inc. (AHI) to act as the exclusive leasing and management agent for a 676,473 square foot portfolio of medical office buildings. NorthStar […]
News Release: CBRE GROUP, INC. HEALTHCARE PRACTICE ACHIEVES STRONG GROWTH IN 2014
Los Angeles, CA – December 18, 2014—CBRE Group, Inc. (NYSE:CBG) today announced that its healthcare specialty group achieved strong growth in 2014, with 14 long-term contracts signed this year, including six with new clients. Leading healthcare organizations that selected CBRE to provide long-term real estate services for their portfolios included Bon Secours Health System and […]
News Release: Destination Medical Center Hits Milestone
Destination Medical Center (DMC) Draft Development Plan Presented to DMCC Board ROCHESTER, Minn. (December 17, 2014) – The Destination Medical Center (DMC) initiative reached a major milestone today with the submittal of the draft Development Plan to the Destination Medical Center Corporation (DMCC) Board. The draft Plan outlines private and public investments and strategies to […]
News Release: HFF closes sale of and arranges acquisition financing for Class A office and medical office campus in San Diego’s University Town Center
SAN DIEGO, CA – HFF announced today that it has closed the sale of and arranged acquisition financing for Genesee Plaza, a 161,184-square-foot, multi-tenant office and medical office campus located in San Diego’s “strongest institutional submarket”, University Town Center. HFF marketed the property on behalf of the seller, DivcoWest. Polidev Investments, Inc. purchased the complex […]
News Release: HFF expands national healthcare practice with addition of managing director Evan Kovac
SAN DIEGO, CA – HFF announced today that Evan Kovac has joined the firm as a managing director in its San Diego office. Mr. Kovac will be a member of HFF’s national healthcare practice and will focus on medical office building and healthcare capital markets and investment sale transactions throughout the United States. Mr. Kovac […]
News Release: Heart Care Centers of Illinois to Open Practice at Mokena Medical Commons, Irgens’ New 32,300 SF MOB in Mokena, IL
Leading Cardiology Group Joins Women’s Healthcare of Illinois at Irgens’ New 32,300 Square Foot Medical Office Building in Mokena, Illinois December 16, 2014- Chicago – Irgens is proud to announce that Heart Care Centers of Illinois (HCCI) has signed a lease for 9,200 square feet at Mokena Medical Commons. HCCI joins Women’s Healthcare of Illinois, […]
News Release: Cornerstone Companies, Inc. Awarded 675,000+ Square Foot Management Contract
Indianapolis, IN – December 15, 2014 – Local real estate development company, Cornerstone Companies, Inc. has been hired by American Healthcare Investors Management Services, Inc. (AHI) to act as the exclusive leasing and management agent for a 676,473 square foot portfolio of medical office buildings. NorthStar Realty Finance recently acquired the portfolio in a $4 […]
News Release: Anchor Health Properties’ Heart and Vascular Institute Reopens After Year-Long Expansion
The 39,000 sq.ft. facility reopened November 24, 2014 in Edgewood, KY Anchor Health Properties, a full-service development company focused exclusively on medical facilities, has announced that the Heart and Vascular Institute (“The Institute”) and the Patient Entrance at St. Elizabeth Healthcare in Edgewood, KY, reopened to the public on November 24, 2014, after a year-long […]
News Release: Tryko Partners acquires Mont Marie in Holyoke, Mass.
Third-Generation Nursing Home Operator Embraces Property’s Rich History HOLYOKE, Mass., Dec. 10, 2014 – Tryko Partners, LLC has acquired the Mont Marie skilled nursing and age-restricted affordable housing campus in Holyoke from The Sisters of St. Joseph (SSJ) of Springfield. The 52-acre property includes the 84-bed Mont Marie Health Care Center, along with Mont Marie […]
