News Release: Seavest acquires Beaumont Medical Center
White Plains, N.Y.-based healthcare real estate fund manager closes on purchase of 149,000 square foot West Bloomfield, Mich., outpatient center Seavest closed on the purchase of Beaumont Medical Center, West Bloomfield, Mich., Dec. 19. The outpatient facility offers a wide range of services, including surgery, children’s rehabilitation and adult physical therapy/occupational therapy. Please click on […]
News Release: Baylor Health Care System and Scott & White Healthcare Plan Merger
February 20 – Baylor Health Care System and Scott & White Healthcare jointly retained Cain Brothers to assist the two health systems in merger discussions that have culminated in a Letter of Intent that was signed in December. The combined Baylor Scott & White Health will be the State of Texas’ largest not-for-profit health system. […]
News Release: RAY HOLLIFIELD JOINS HEERY
ATLANTA, GA –Ray Hollifield has been named Vice President, Business Development Director at Heery International. In his new position, Mr. Hollifield is responsible for helping drive new business development across all markets sectors for both design-build and construction management. He is based in Heery’s Atlanta office. Mr. Hollifield has 30 years of experience in construction, […]
News Release: HFF Chicago hires John (Jack) A. Dudick as director in its healthcare practice group
CHICAGO, IL – HFF announced today that John (Jack) A. Dudick has joined the firm as a director in its Chicago office. Mr. Dudick will be a member of HFF’s national healthcare practice and will focus on healthcare capital markets and investment sale transactions throughout the United States. Mr. Dudick has more than 15 years […]
News Release: Leadership in Hospital Consolidation
As the health care industry experiences accelerating change due to factors such as the continuing implementation of PPACA, hospitals and health systems are actively exploring and entering into re-alignment and consolidation transactions with other health systems, physicians, payers and other providers. 2012 was another extremely active year for hospital mergers and acquisitions, with several key […]
News Release: Plaza Companies Continues To Ramp Up Business Development
New Transactions and Expansion of Areas of Service Position Plaza Companies Well for Future PEORIA, Arizona (February 13, 2013) — Plaza Companies continues to ramp up its business development and expansion efforts going into 2013, and has already seen the benefits in new transactions. Plaza’s efforts to expand its presence in the Arizona real estate market have been focused on several areas: • […]
News Release: Just Sold – Assisted Living & Memory Care
Woodview Assisted Living & Memory Care Ft Wayne, Indiana 82,407 SF 88 Units 97% Census
Thought Leaders: Six healthcare real estate trends to watch in 2013
The market will see more medical office buildings designed for higher-acuity care, new uses for freestanding EDs, and more repurposing, partnerships and monetizations, according to Duke Realty INDIANAPOLIS, Jan. 23, 2013 – The healthcare industry and healthcare real estate have changed dramatically in the past several years. Healthcare reform, the recession, lower reimbursements and other […]
News Release: Just Closed – Kaiser Ventura County MOBs
The CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the monetization of the Kaiser Ventura County MOBs. KAISER VENTURA COUNTY MOBs Sale Date: Sale Price: Sale PPSF: Building Size: Occupancy: YOC: December 28, 2012 $15,200,000 $243 62,468 SF 100% 1996 The CBRE Healthcare Capital Markets Group is pleased to announce the completion of […]
News Release: Just Closed Northside East Cobb Medical Campus
The CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the monetization of the Northside East Cobb Medical Campus. Sale Date: Sale Price: Sale PPSF: Building Size: Occupancy: YOC: March 21, 2012 $19,200,000 $277 69,341 SF 96.85% 1985, 1990, 1991 (renovated 2009) The CBRE Healthcare Capital Markets Group is pleased to announce the sale of the Northside East Cobb […]
Colony Development Partners Sells Harris Medical Park for $11.4 Million
On Campus Medical Office Building in Western NC Sold to Grubb & Ellis Healthcare REIT II Colony Development Partners, LLC, announced the recent sale of a 45,000 square foot, Class A, single-tenant medical office building in Sylva, North Carolina which had been developed by Colony Development Partners. The property sold for $11.4 million dollars to […]
Hammes Company helps Swedish Health Services to expand
Swedish expansion is swift, cost-effective and environmentally consciousHammes Company is using several innovations to help the Seattle-based, non-profit health system achieve speed to market, reduce costs and preserve capitalSEATTLE, Jan. 12, 2011 – Population growth, demographic shifts and rising patient volumes confirm that demand for healthcare services is increasing in the Seattle suburbs. Local healthcare […]
Alter+Care Developing Medical Center in Jonesboro, Ark.
Alter+Care Developing St. Bernards Health & Wellness Institute for St. Bernards Medical Center in Jonesboro, ARChicago, IL (January 12, 2011) – Alter+Care is developing the $14.5 million, 54,000 SF St. Bernards Health & Wellness Institute at St. Bernards Medical Center in Jonesboro, AR. Completion is scheduled for the fall of 2011. “The Institute will house […]
Sabra Health Care REIT to Present at Stifel Nicolaus Conference
Sabra Health Care REIT, Inc. to Present at the 2011 Stifel Nicolaus Senior Housing & Healthcare Real Estate Conference IRVINE, Calif., Jan. 7, 2011 (GLOBE NEWSWIRE) — Sabra Health Care REIT, Inc. (Nasdaq:SBRA) announced today that Richard K. Matros, the company’s Chief Executive Officer, will present at the 2011 Stifel Nicolaus Senior Housing and Healthcare Real Estate […]
Duke Realty to expand Cincinnati West Side medical campus
Duke Realty to expand Cincinnati West Side medical campus anchored by Good Samaritan Medical Center – Western Ridge Good Samaritan Medical Center – Western Ridge opened August of this year, and Duke Realty is now moving forward with plans for a new building and new tenant on Cincinnati’s West Side medical campus CINCINNATI and INDIANAPOLIS, […]