News Release: American Realty Capital Healthcare Trust Reports First Quarter 2013 Results and Announces Completion of $160.8 million in New Acquisitions since the Fourth Quarter 2012
FOR IMMEDIATE RELEASE New York, New York, May 15, 2013 – American Realty Capital Healthcare Trust, Inc. (“ARCHT” or the “Company”) announced today that modified funds from operations (“MFFO”), as defined by the Investment Program Association (“IPA”), for the quarter ended March 31, 2013 increased 535.7% to $8.9 million from $1.4 million for the quarter […]
News Release: C.C. Hodgson Architectural Group announces opening of Resthaven Care Community in Michigan, emphasizing wellness & spirituality
CLEVELAND, May 10, 2013— Resthaven Care Community (Holland, MI) recently opened a $4.6 million patient-centered expansion that includes a 16-suite rehab cottage, chapel/life center and wellness center. C.C. Hodgson Architectural Group, a Planetree certified architectural firm specializing in senior living, worked closely with the Resthaven team to design a facility that emphasizes wellness and spirituality. […]
News Release: $16.4 Million Medical Office Refinance Arranged by Marcus & Millichap Capital Corp.
HOUSTON, May 14, 2013 – Marcus & Millichap Capital Corporation (MMCC) has arranged the $16.4 million refinance of a 125,000-square foot medical office building in Houston. Peter Dunn, a senior director in MMCC’s Houston office, arranged the loan. “The property was severely damaged by Hurricane Ike in 2008 and then completely abandoned,” says Dunn. “The […]
News Release: Matthei & Colin Associates Announces Design Commission for Radiation Oncology Center at Advocate Condell Medical Center
CHICAGO-A new and updated Radiation Oncology Center is under design at Advocate Condell Medical Center with Matthei & Colin Associates(M&CA) as the leading healthcare design firm. They are reconfiguring the Center to add 2500 square feet of new space and will renovate about 4200 square feet of existing space in the facility located on the […]
News Release: CBRE’S U.S. Healthcare Capital Markets Group Sells Willow Creek Medical Center
DALLAS, Texas – May 10, 2013 – CBRE arranged the sale of Willow Creek Medical Center, a 27,993-square-foot medical office building in Palestine, Texas, anchored by an ambulatory surgery center. Scott Herbold, Chris Bodnar and Lee Asher of CBRE’s U.S. Healthcare Capital Markets Group represented the seller. The facility is located in Palestine’s Willow Creek […]
News Release: Just Closed – Willow Creek Medical Center
The CBRE Healthcare Capital Markets Group is pleased to announce the sale of Willow Creek Medical Center, a 27,993-square-foot medical office building in Palestine, TX, anchored by an ambulatory surgery center. Scott Herbold, Chris Bodnar and Lee Asher represented the seller. Designed to stem the outflow of surgical procedures to medical centers in Tyler and […]
News Release: Presbyterian Hospital Announces Dedication of W. P. Carey Emergency Unit
NEW YORK (May 08, 2013) — NewYork-Presbyterian Hospital celebrated the dedication of the W. P. Carey Emergency Unit at a ceremony held on Thursday, May 2, 2013. Made possible by a $5 million gift from the W. P. Carey Foundation, the facility is a critical component of the hospital’s emergency services. The W. P. Carey […]
News Release: iMed campus set to open in Naperville
DynaCom Management Inc. is accepting early lease applications for its brand new iMed Campus in Naperville. Occupancy is expected for fall 2014 but the Naperville office space provider is offering special incentives for leases signed by Aug. 31. The premium medical campus is located at 1249 W. 75th St. in Naperville. “The iMed Campus has […]
News Release: ERDMAN Partners with Memorial Hospital of Converse County
MADISON, Wis. (May 9, 2013) — ERDMAN, a national leader in healthcare consulting, facility planning, development and design-build, today announced a new partnership with Memorial Hospital of Converse County. Hospital officials engaged ERDMAN to plan, develop and build a new $6.7 million medical office building in Douglas, Wyoming. The project is scheduled to be completed […]
News Release: New York-Presbyterian Hospital Announces Dedication of W. P. Carey Emergency Unit
NEW YORK (May 08, 2013) — NewYork-Presbyterian Hospital celebrated the dedication of the W. P. Carey Emergency Unit at a ceremony held on Thursday, May 2, 2013. Made possible by a $5 million gift from the W. P. Carey Foundation, the facility is a critical component of the hospital’s emergency services. The W. P. Carey […]
News Release: Ann & Robert H. Lurie Children’s Hospital of Chicago kicks off National Pebble Project Workshop on Hospital Design
Chicago…Dozens of hospital leaders, architects, designers and industry partners from all over the country will be convening in Chicago this week for a Pebble Project Workshop. The Pebble Project is a unique and dynamic collaborative where healthcare organizations, architects, designers and industry partners work together to identify environment designs and solutions that measurably improve patient […]
News Release: State of the Transaction Market
On April 29th, Todd Stender and Philip DeFelice with Wells Fargo Securities hosted a conference call with Chris Bodnar, Senior Vice President within the Healthcare Capital Markets Group at CBRE to discuss the state of the transaction market within the medical office building (MOB) sector. Below are some of the more-relevant questions and answers from […]
News Release: Stanford Breaks Ground on New Hospital
STANFORD, CALIF., MAY 2, 2013 – Clark/McCarthy, a joint venture of McCarthy Building Companies, Inc. and Clark Construction Group – California, LP, celebrated the groundbreaking of the new Stanford Hospital yesterday. The new facility will dramatically enhance capacity, while allowing Stanford Hospital to accommodate new medical technology, meet updated seismic-safety requirements and transform patient care. […]
News Release: Mountain States Health Alliance, Vanderbilt announce strategic affiliation
JOHNSON CITY, Tenn. – The leaders of Mountain States Health Alliance (MSHA) and Vanderbilt University Medical Center (VUMC) announced Friday that the two organizations have signed an affiliation agreement that will benefit MSHA, VUMC and the residents of Northeast Tennessee and Southwest Virginia. “We are pleased to announce this mutual affiliation between Vanderbilt and MSHA,” […]
News Release: Healthcare Providers Look to Real Estate to Create Efficiencies, Cut Costs
CALABASAS, Calif., April 30, 2013 – Exclusive research by Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, reveals that ever-increasing operational costs and potential physician shortages are forcing providers to identify and exploit opportunities to create efficiencies and maximize revenues. Many large practices and health systems have started […]