News Release: CNL Healthcare Properties Acquires Indiana Cancer TreatmentT Center
(ORLANDO, Fla.) June 20, 2013 — CNL Healthcare Properties, an investment offering focused on senior housing and healthcare real estate, has acquired the LaPorte Cancer Center, a freestanding comprehensive cancer care center in Westville, Ind., from Holladay Properties for $13.1 million. The 30,268-square-foot property is fully leased on a long-term, triple-net basis by the largest […]
News Release: C.W. Driver Begins Construction on New Student Health Building at CSU San Marcos
New 20,000-square-foot design-build project targeted for LEED® Gold Certification SAN MARCOS, Calif. – June 20, 2013 – C.W. Driver, a premiere builder serving California since 1919, has broken ground on the new 20,000-square-foot Student Health and Counseling Building (SHCB) at California State University San Marcos (CSUSM). The $7.5 million design-build project, which is slated […]
News Release: CNL Healthcare Properties Acquires Indiana Cancer Treatment Center
CNL Healthcare Properties has acquired the LaPorte Cancer Center, a comprehensive cancer care center in Westville, Ind., for $13.1 million from Holladay Properties.The property totals 30,268 square feet and is fully leased on a long-term, triple-net basis by the largest independent oncology practice in Indiana. The LaPorte Cancer Center was purpose-built in 2010 by Holladay […]
News Release: NK Architects Expands
We are pleased to announce that in recent months, NK has added several new staff members to our firm: Robert Aitken joins our firm as Intern Architect. Rob is a recent graduate of the NJIT Masters of Architecture Program and has six years of professiona; experience. He served as Graduate Advisor to Alpha Phi Omega […]
News Release: Jeffrey Lovejoy Joins McCarthy Building Companies as Director of Business Development for Healthcare Projects
NEWPORT BEACH, CALIF., JUNE 19, 2013 – McCarthy Building Companies, Inc., one of California’s preeminent builders, announced that Jeffrey Lovejoy has joined the firm as director of business development, healthcare services. Lovejoy replaces Scott Lawrence who has moved into the role of project director, commercial services for McCarthy. Based in the firm’s Newport Beach office, […]
News Release: Fed Economists Say Economy Will Be Improving Next Year, Which Means Interest Rates Will Be Rising As Well
If a projection by staffers at the Federal Reserve Bank of New York is spot-on, the central bank may be rethinking fiscal policy changes sooner than expected. “A prediction that policy changes in an improving economy could come as early as the fourth quarter of 2014 is an important heads-up that senior housing/healthcare borrowers will […]
News Release: Fairfield Advisors announces successful closing of Memorial Hermann Medical Office Building in Houston, TX- $13.3M Sale
Denver CO & Houston TX / PR Newswire (June 6, 2013) – Fairfield Asset Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the successful sale of the Memorial Hermann Medical Office Building located at 14201 E Sam Houston Parkway in Houston. The Memorial Hermann Health System is the largest […]
News Release: Fairfield Advisors announces successful closing of Mountain Top Medical Office Building
Denver CO & Wilkes Barre PA / PR Newswire – Fairfield Asset Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the successful sale of the Mountain Top Medical Office Building located in Wilkes Barre, PA. The Moutain Top Medical Office Building is anchored by the Wilkes Barre General Hospital as […]
News Release: Newmark Grubb Knight Frank: Recently Closed Transaction: MHO Onocology Center – Northwest Indiana
Investment Highlights Michael Bennett of Newmark Grubb Knight Frank acted as exclusive advisor on the sale of the MHO Oncology Center, located in Northwest Indiana. The Property was 100% occupied by Michiana Hematology Oncology and operates in partnership with IU Health LaPorte Hospital. The 20 Year NNN Lease had 17 years remaining at the time of sale. NGKF marketed the property to a large pool […]
News Release: Plaza Companies Lands Leasing, Property Management and Construction Services Contract For Large Class A Medical Office Building in North Phoenix
Lifeprint Health Center Owners Select Plaza for Services on 81,875 SF Building PHOENIX, Arizona (June 17, 2013) — Plaza Companies has landed a significant leasing, property management and construction services contract for a major medical office building in north Phoenix. The owners of Lifeprint Health Center, a Class A office building located at 20414 N. […]
News Release: ERDMAN Announces New Project with Lake Erie College of Osteopathic Medicine; Firm to build LECOM’s new skilled nursing facility in Erie, Pa.
MADISON, Wis. (June 17, 2013) — ERDMAN, a Madison-based national leader in healthcare consulting, facility planning, development and design-build, today announced the groundbreaking of a new $37 million skilled nursing facility in Erie, Pa. Having worked with ERDMAN in the past, the Lake Erie College of Osteopathic Medicine (LECOM) engaged the firm to plan, design […]
HGA Hires Brandie Meis as Business Developer in Los Angeles Office
LOS ANGELES – June 17, 2013 – HGA Architects and Engineers (HGA) has hired Brandie Meis as Business Developer in the Los Angeles office. She will direct business development and marketing initiatives for the firm’s growing practice in healthcare, higher education, arts, public and corporate work throughout southern California. “Brandie brings deep understanding of our […]
News Release: $141 Million in Acquisitions by Griffin-American Healthcare REIT II
American Healthcare Investors Completes Acquisition of 21 Buildings for $141 Million on Behalf of Griffin-American Healthcare REIT II REIT portfolio reaches $1.56 billion in assets NEWPORT BEACH, Calif. (June 17, 2013) – American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT II, Inc., announced today the acquisition of 21 healthcare-related buildings […]
News Release: Cambridge Arranges $10.2 Million in HUD Lean Loans to Refinance Four North American Healthcare Nursing Homes in California and Utah
Cambridge Realty Capital Companies reports arranging $10.2 million in HUD Lean loans to refinance four skilled nursing home properties owned by North American Health Care, Inc. in California and Utah. Cambridge Chairman Jeffrey A. Davis said the fully-amortized loans were arranged for the owner using HUD?s Section 232 pursuant to Section 223(a)(7) funding program, which […]
News Release: Newmark Grubb Knight Frank: Recently Closed Transaction: Fresenius Medical Care
Fresenius Medical Care Goshen, IN 14,845 Square Feet Closed at $4,640,000 15 Year NNN Lease with 11+ Years Remaining 3% Annual Rent Escalations Lease Corporately Guaranteed by Fresenius Medical Care (BB+ S&P Rating) Purchased by REIT