News Release: Just Closed – Texas U.S. Oncology Center
The CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the monetization of the Texas U.S. Oncology Center. Sale Date: May 23, 2013 Sale Price: $9,500,000 Price PSF: $323 Building Size: 29,400 SF Year Built: 2000 Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Texas U.S. […]
News Release: $50 million mixed-use development totaling 125,000 SF awarded to Transwestern leasing teams
Project Includes 73,000 SF of Medical Office Space and 52,000 SF of Retail Space with Multiple Highway Pad Sites (MAY 30, 2013 – HOUSTON) – Transwestern’s Houston headquarters today announced it has been awarded the leasing assignment for a 125,000-square-foot mixed-use development. The project includes River Pointe Medical Plaza, a 73,000-square-foot, Class A medical office […]
News Release: Fred and Pamela Buffett Cancer Center Breaks Ground
In a ceremony that included dignitaries, donors, and guests, ground was broken May 21, 2013, on the new Fred and Pamela Buffett Cancer Center at the University of Nebraska Medical Center (UNMC). HDR was direct-selected to design the $323-million cancer research and treatment center following the success of the HDR-designed Durham Research Centers I & […]
News Release: American Healthcare Investors Expands Unsecured Credit Facility to $450 Million on Behalf of Griffin-American Healthcare REIT II
NEWPORT BEACH, Calif. (May 29, 2013) – American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT II, Inc., announced today the expansion of the REIT’s existing unsecured revolving line of credit from $200 million to $450 million. Existing lenders Bank of America, N.A., KeyBank National Association, RBS Citizens, N.A., and […]
News Release: Patient and Physician Experience Drive Leasing on New Silver Cross Hospital Campus
DENVER and NEW LENOX, Ill., May 29, 2013 – NexCore Group, a top-ranked healthcare real estate company, has finalized over 22,000 square feet of leases since the beginning of this year at its 182,000 gross square foot Pavilion A Medical Office Building on the new Silver Cross Hospital campus in New Lenox, a southwest suburb […]
News Release: URS Awarded Design-Build Contract For Medical Facilities by U.S. Army
SAN FRANCISCO, CA – May 23, 2013 – URS Corporation has been awarded an indefinite delivery/indefinite quantity, multiple award contract from the U.S. Army Engineering and Support Center in Huntsville, Alabama, to provide design-build services for the Medical Repair and Renewal Program in the continental United States and at overseas locations. Under the terms of […]
News Release: Perkins+Will Defines Inclusive Design at New Spaulding Rehabilitation Hospital
Hospital of the Future Incorporates Community, Sustainability and Resiliency BOSTON – APRIL 24, 2013 – Global architectural and design firm Perkins+Will adds to the reputation of its award-winning healthcare design practice with the opening of the new 262,000-square-foot Spaulding Rehabilitation Hospital. The design process, led by Ralph Johnson and managed by Perkins+Will’s Boston office, resulted […]
News Release: Cambridge Arranges $3.7 Million HUD Lean Loan to Refinance Metropolis Nursing and Rehab Center in Metropolis, Illinois
Cambridge Realty Capital Companies reports closing a $3.7 million HUD Lean first mortgage loan for Metropolis Nursing and Rehabilitation Center, a 103-bed skilled-care nursing home in Metropolis, Ill. Cambridge Chairman Jeffrey A. Davis said the fully-amortized, 30-year term mortgage was arranged for the owner, a Missouri limited liability company, using the HUD Section 232 pursuant […]
News Release: $16 Million Acquisition Loan and Bridge Loan to FHA 232/223(f)
About the Transaction KeyBank Real Estate Capital® provided a $16.3 million term loan to refinance existing debt and to acquire an additional skilled nursing facility for RollinsNelson LTC Corp. The term loan will serve as a bridge to long term HUD financing. The KeyBank Real Estate Capital Relationship Key’s relationship with RollinsNelson supports the company’s […]
News Release: Industry leader Dan Carlo appointed Managing Director of Avison Young’s Miami office
Strategic hire will lead direction for Miami office and capital markets platform Toronto, ON – Mark E. Rose, Chair and CEO of Avison Young, Canada’s largest independently- owned commercial real estate services company, announced today the strategic hiring of Daniel Carlo as a Principal of Avison Young and Managing Director of the firm’s Miami office. […]
News Release: ERDMAN Welcomes Two New Directors of Business Development
Seasoned executives bring strategic healthcare sales experience to firm MADISON, Wis. (May 21, 2013) – ERDMAN, a Madison-based national leader in healthcare consulting, facility planning, development and design-build, welcomes two new Directors of Business Development to help grow the company in separate but dynamic markets. Jeffrey Willcox joins ERDMAN as Director of Business Development for […]
News Release: Stage Equity Partners Acquires 52,000 sf Medical Office Complex in Prime Chicago Suburb across from Alexian Brothers Hospital
CHICAGO (May 16, 2013) – Chicago-based healthcare real estate investment company Stage Equity Partners LLC (“Stage”) announced the recent acquisition of a 52,126 square foot medical office complex in Elk Grove Village, a northwest suburb of Chicago. According to Stage President and Founder Brian Howard, the complex of four single-story interconnected buildings called Woodland Square […]
News Release: J-REITS Best US REITS For 1-Year, 3-Year Total Returns
The SNL Japan REIT Equity index posted a total return of 70.1% for the one-year period ended May 8, beating the SNL US REIT Equity index by 46.8 percentage points. Excerpt: The SNL Japan REIT Equity index was composed of 33 SNL-covered J-REITs as of May 8, topped by Nippon Building Fund Inc., an office […]
News Release: MedProperties Holdings invests in rehab hospital
MedProperties Holdings invests in rehab hospital Dallas-based real estate private equity investment firm is joint venturing with Avail Healthcare Ventures and Trivant Healthcare to develop 40-bed hospital near Austin, Texas MedProperties Holdings is serving as the primary equity source for a new rehabilitation hospital in Kyle, Texas, which will be 100 percent leased by a […]
News Release: Just Closed – Aa3 Rated MOB
Recently closed transaction, Spectrum Health West Pavilion – Grand Rapids, MI (MSA) Michael Bennett of Newmark Grubb Knight Frank acted as exclusive advisor on the sale of the Spectrum Health West Pavilion, located ub the Grand Rapids, MI MSA. The Property was 100% occupied by Spectrum Healthcare, rated Aa3 by Moody’s. The 15 Year NNN […]
