News Release: Rendina and Carolina Orthopaedic Specialists Break Ground on New Surgery Center
MURRELLS INLET, S.C., May 22, 2014 – Rendina Healthcare Real Estate announces today the recent groundbreaking of a new project for Carolina Orthopaedic Specialists and the Coastal Surgery Center. Family and friends of the area’s leading orthopaedic healthcare group were present at the ceremonial event, which took place on the 2-acre project site, approximately 15 […]
News Release: RJ King Associates Establishes New South Florida Office
Tampa, Florida based healthcare real estate services firm, RJ King Associates, has opened a south Florida office to serve its growing client base in the south east part of the state. Tampa, Florida, May 16, 2014 – Robert J. King, CCIM, CPM, CEO of RJ King Associates Healthcare Real Estate, has announced the opening of […]
News Release: Irgens Breaks Ground on St. Joseph’s Hospital Medical Office Building in Chippewa Falls, Wisconsin
On-Campus Medical Office Building Will Include Primary & Specialty Care May 21, 2014 – Irgens is pleased to announce the groundbreaking of a state-of-the-art medical office building on the campus of St. Joseph’s Hospital in Chippewa Falls, Wisconsin. The freestanding facility will house primary and specialty care programs for St. Joseph’s Hospital (an affiliate of […]
News Release: Griffin-American Healthcare REIT II Reports First Quarter 2014 Results
Completed $105 Million in Acquisitions, Grows Portfolio to $2.9 Billion Based on Purchase Price Funds From Operations Grows 115 Percent; Modified Funds From Operations Up 94 Percent Net Operating Income Increases 88 Percent; Net Income Up 83 Percent IRVINE, Calif. (May 20, 2014) – Griffin-American Healthcare REIT II, Inc. today announced operating results for the […]
News Release: MedSouth Healthcare Properties, LLC purchases Medical Arts Plaza in Greenville, NC.
Greenville, NC – MedSouth Healthcare Properties, LLC (MedSouth) and Sterling Fox Group, LLC are pleased to announce a joint venture sale leaseback acquisition of a Class A medical office located in the heart of the Medical Arts district of Greenville, North Carolina. The property is located across the street from Vidant Medical Center which serves […]
News Release: Navigant Healthcare Welcomes Cymetrix, a Leading Revenue Cycle Management Firm
We are pleased to announce that Cymetrix, a revenue cycle management firm specializing in end-to-end revenue cycle outsourcing solutions to hospital and healthcare networks, has joined forces with Navigant and will operate collectively as Navigant Healthcare Cymetrix – creating one of the only providers of end-to-end revenue cycle management solutions for Healthcare clients. Cymetrix creates […]
News Release: Downey: Medical Building Trades at $11.3 Million
$11.3 Million Medical Building Sold by Marcus & Millichap DOWNEY, Calif., May 15, 2014 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of the Brookshire Medical Building, a 56,121-square-foot medical building located in the southeast Los Angeles County […]
News Release: SNL Real Estate: Griffin-American REIT II’s Portfolio Captures REIT Attention
On May 6, The Wall Street Journal reported California-based Griffin-American Healthcare REIT II Inc. is the target of four bidders, representing a deal that could value the nontraded REIT at approximately $3.66 billion. If accepted, one of the following four companies the Journal named could expand its portfolio with 279 health care buildings: Ventas Inc., […]
News Release: Griffin-American Healthcare REIT III Meets Minimum Offering, Enters Agreements to Acquire Three Atlanta Medical Office Buildings
Executive stock purchase plans commence ATLANTA (May 14, 2014) – American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT III, Inc., announced today that the REIT reached its minimum offering of $2 million in subscriptions on May 12. As a result, all initial subscribers have been admitted as stockholders of Griffin-American […]
News Release: Financing Options for Ambulatory Care/Wellness Facilities
Picture your hospital’s name on this wellness center! Have you recognized the need to respond to population health management concerns by creating an ambulatory care center that includes medically based wellness, but can’t find the capital to fund it? Would you like to be in the medical wellness business without the risk of funding and […]
News Release: CNL Healthcare Properties Expands Revolving Line of Credit
The $275 million credit facility provides capital for growing REIT portfolio (ORLANDO, Fla.) May 12, 2014 — CNL Healthcare Properties, a real estate investment trust (REIT) focused on senior housing and healthcare facilities, has increased its original $120 million line of credit to $275 million. The $155 million increase includes the addition of five new […]
News Release: Meridian Property Company Welcomes Newest Tenant, Petaluma Health Center in Rohnert Park, Calif.
SAN RAMON, CALIF. – Meridian Property Company, a full service real estate developer and owner of medical real estate, is pleased to welcome its newest tenant, Petaluma Health Center, to the medical office building in Rohnert Park, Calif., located at 5900 State Farm Drive. Petaluma Health Center will occupy the entire second floor of the […]
News Release: Texas Center for Athletes Changes Hands
Transwestern Represented Seller, Was Retained by Buyer for Leasing and Management (MAY 6, 2014 – SAN ANTONIO) – Transwestern’s San Antonio office today announces it completed the sale of Texas Center for Athletes on behalf of Sports SA Holdings LP. The 128,347-square-foot, state-of-the-art medical office building in San Antonio’s South Texas Medical Center was 98 […]
News Release: SNL Real Estate: US REIT IPOs Raise $747.2M YTD
Three U.S. REITs had gone public in 2014 as of April 25, raising an aggregate $747.2 million. This matches the number of IPOs completed within the same period in 2013; by year-end 2013, U.S. REIT IPOs totaled 13. One out of the three companies outperformed the SNL US REIT equity index as of April 25 […]
