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 […]
News Release: HCP Announces Results for Quarter Ended March 31, 2016 and Expands Executive Leadership Team
First Quarter 2016 and Recent Highlights FFO as adjusted and FAD per share were $0.69 and $0.66, respectively; FFO per share and EPS were $0.68 and $0.25, respectively Announced a plan to spin off HCRMC real estate portfolio into an independent publicly-traded REIT Conference call at 5:30am PDT, See Company Information Section for Details Completed and […]
News Release: HOK to Design New Practice Facility for NBA’s Atlanta Hawks and Emory Healthcare
Innovative center will blend research, sports medicine, healthcare and training ATLANTA—The Atlanta Hawks Basketball Club and Emory Healthcare have announced plans to partner and build a first-of-its-kind training and sports medicine center in Brookhaven, Georgia. HOK will be the lead architect for the 90,000-sq.-ft, privately funded facility, which will serve as the team’s official practice […]
News Release: Fairfield Advisors announces successful sale of Medical Office Building in Houston, Texas – $5,200,000 Sale
May 2, 2016 – (Denver, CO. and Houston, TX.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the University of Texas Physicians Medical Office Building located at 11476 Space Center Boulevard in Houston. University of Texas Physicians is the anchor tenant in the Medical Building […]
News Release: NGKF Represents Seller of 54,611 SF Medical Office Property in Independence, Ohio
Cleveland, OH (April 29, 2016)—Newmark Grubb Knight Frank (NGKF) is pleased to announce the sale of 6701 Rockside Road (Rockside Medical Center) in Independence, Ohio, a 54,611-square-foot medical office building. The transaction was valued at over $10,000,000. NGKF’s Executive Managing Director Bob Nosal and Director Susan Licciardi represented the seller, Dennison Development Group in the […]
News Release: Hackettstown Regional Medical Center Officially Becomes Part of Atlantic Health System
April 27, 2016 – Hackettstown Regional Medical Center officially became part of Atlantic Health System earlier this month, completing the 111-bed acute care hospital’s transfer of ownership from Adventist HealthCare. The Adventist HealthCaretransfer of ownership allows Atlantic Health System to build connections between the renamed Hackettstown Medical Center and the organization’s other facilities, providing the community […]