News Release: Just Closed – Wilbur Medical Plaza
The U.S. CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Wilbur Medical Plaza in Tarzana, California. Sale Summary The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Wilbur Medical Plaza in Tarzana, California. Chris Bodnar and Lee Asher of the U.S. Healthcare […]
News Release: South Coast Improvement, Co. completes Atria Marland Place project in Andover, MA
ANDOVER, MA and MARION, MA, June 10,2015: South Coast Improvement Company (SCI), a design-build general contractor serving New England and the Mid-Atlantic states, recently finished a restoration of the former Marland Manufacturing Company. Atria Marland Place, owned by Atria Senior Living Group, will be a senior living community for Andover’s active older adults. “This project […]
News Release: Hammes Company hires Regional Vice President, opens Atlanta office
Project management expert John Healy joins healthcare consulting firm’s Facility Development group in new office responsible for Mid-Atlantic and Southeast markets MILWAUKEE and ATLANTA, June 9, 2015 – Expanding its facility development group in the Mid-Atlantic and Southeast regions, leading healthcare consulting firm Hammes Company has appointed John Healy as Regional Vice President, heading the […]
News Release: Embree Healthcare Group to Develop New Welbrook Transitional Care Facility in Arizona
SCOTTSDALE, ARIZONA, June 9, 2015 – Welbrook Senior Living has selected Embree Healthcare Group to develop a new transitional care facility in Flagstaff, Arizona. The facility will allow patients a better short term option for rehabilitative and skilled nursing services after being discharged from local hospitals. The project will offer 50 private rooms for patients […]
News Release: Carter Validus Mission Critical REIT, Inc. Acquires $117 Million Real Estate Portfolio
June 8, 2015 Tampa, Florida — Carter Validus Mission Critical REIT, Inc. (“CVMC REIT”), acquired the 21st Century Radiation Oncology real estate portfolio (“21C Portfolio”) for approximately $117 million. The 21C Portfolio totals more than 220,000 rentable square feet and consists of 20 oncology buildings located in Florida, California, Kentucky, Nevada and West Virginia. All 20 […]
News Release: PennFIRST Team Adopts IPD Process to Plan and Design Penn Medicine’s New Patient Pavilion
(Philadelphia) – The PennFIRST team has been selected to design and plan a New Patient Pavilion for the University of Pennsylvania Health System (Penn Medicine). The PennFIRST team is comprised of the global healthcare design expertise of HDR, the international design talent of Foster+Partners, and the innovative engineering design capabilities of BR+A, combined with the […]
News Release: Embree Healthcare Group Completes Transaction in Northeast Oregon
Just Closed – Fresenius Medical Care – Milton-Freewater, Oregon Embree is pleased to announce the closing of a Fresenius Medical Care dialysis clinic located in Northeast Oregon. Transaction Highlights 2012 build-to-suit construction Generated multiple qualified offers Out of state §1031 Exchange investor Closed at 97% of original list price Contact Information Jecoah Byrnes, CCIM® Vice President Embree […]
News Release: Seavest to unveil renovated Beaumont Medical Center outpatient facility June 10
Extensive interior and exterior renovations at the 150,000 s.f. outpatient medical center in West Bloomfield will be featured during Tenant/Broker Appreciation Day WEST BLOOMFIELD, Mich., and WHITE PLAINS, N.Y., June 4, 2015 – Private real estate investment management firm Seavest Healthcare Properties LLC has announced significant upgrades to the Beaumont Medical Center. The center is […]
News Release: Renovated Washington Nursing Facility Sells for $6.6M Based on Future Profitability
Chicago, Illinois – June 1, 2015 – Opened in 1968, Shoreline Health and Rehab, a skilled nursing facility, underwent a $3,000,000 renovation to its first floor in 2012, driving a purchase price of $6,625,000 for the 106 bed facility despite struggling to increase occupancy above 80% in recent years. Located in Shoreline, Washington, Shoreline Health […]
News Release: Seavest and Anchor plan June 2 grand opening for new Jennersville, Pa., MOB
The new two-story, 72,000 square foot Penn Medicine Southern Chester County facility near Philadelphia is anchored by Penn Medicine Chester County Hospital JENNERSVILLE, Pa., and WHITE PLAINS, N.Y., June 1, 2015 – Seavest Healthcare Properties LLC, in partnership with developer Anchor Health Properties, has announced the June 2 grand opening of Penn Medicine Southern Chester […]
News Release: Roni Soffer, Gazit-Globe’s President, is Stepping Down After Serving the Company for 19 Years. Rachel Lavine will be Appointed President of Gazit-Globe
During his Tenure the Equity Market Capitalization of the Company Grew by 165% from NIS 3.25 Billion to NIS 8.6 Billion and its Total Return to Shareholders was 140% vs. 87% of the EPRA Global Index. Chaim Katzman and Dori Segal: “Roni is one of the cornerstones of the Group and had a big part […]
News Release: Reed Construction Begins Renovations at Behavorial Health Hospital
CHICAGO – Reed Construction is pleased to announce that the firm has begun renovations to the third and fourth floors at the former Maryville Behavioral Health Hospital located at 555 Wilson Lane in Des Plaines, Illinois. The facility was acquired by US HealthVest in fourth quarter 2014 and has been renamed Chicago Behavioral Hospital. Reed […]
News Release: MB Real Estate Healthcare Group Expands
CHICAGO—Friday, May 29, 2015 – MB Real Estate Healthcare Group is pleased to announce that Shannon Smith and Dalton Bogel have joined the firm’s Healthcare team as Portfolio Managers. Smith will be based in the Chicago office and oversee Midwestern properties. Bogel will oversee the firm’s West Coast properties from the Colorado office. MBRE Healthcare, […]
News Release: Healthcare expert Jay Johnson joins Transwestern as Managing Director
Jay Johnson joins Transwestern’s rapidly expanding Healthcare Advisory Services Platform (May 28, 2015 – ATLANTA) − Transwestern today announces expansion of its Healthcare Advisory Services practice with the addition of Managing Director Jay E. Johnson. In serving owners and occupiers of medical real estate, Johnson will enhance facility performance and achieve client business objectives utilizing […]
News Release: HFF hires Ben Appel as a director in its medical office building group
PHILADELPHIA, PA – May 27, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that Ben Appel has joined the firm as a director in its Philadelphia office. Mr. Appel will be a member of HFF’s medical office building group within its national healthcare practice and will focus on medical office capital markets and investment […]