News Release: Cornerstone Awarded 675,000+ Sq Ft Contract
Cornerstone Companies, Inc. Awarded 675,000+ Square Foot Management Contract Indianapolis, IN – December 15, 2014 – Local real estate development company, Cornerstone Companies, Inc. has been hired by American Healthcare Investors Management Services, Inc. (AHI) to act as the exclusive leasing and management agent for a 676,473 square foot portfolio of medical office buildings. NorthStar […]
News Release: CBRE GROUP, INC. HEALTHCARE PRACTICE ACHIEVES STRONG GROWTH IN 2014
Los Angeles, CA – December 18, 2014—CBRE Group, Inc. (NYSE:CBG) today announced that its healthcare specialty group achieved strong growth in 2014, with 14 long-term contracts signed this year, including six with new clients. Leading healthcare organizations that selected CBRE to provide long-term real estate services for their portfolios included Bon Secours Health System and […]
News Release: Destination Medical Center Hits Milestone
Destination Medical Center (DMC) Draft Development Plan Presented to DMCC Board ROCHESTER, Minn. (December 17, 2014) – The Destination Medical Center (DMC) initiative reached a major milestone today with the submittal of the draft Development Plan to the Destination Medical Center Corporation (DMCC) Board. The draft Plan outlines private and public investments and strategies to […]
News Release: HFF closes sale of and arranges acquisition financing for Class A office and medical office campus in San Diego’s University Town Center
SAN DIEGO, CA – HFF announced today that it has closed the sale of and arranged acquisition financing for Genesee Plaza, a 161,184-square-foot, multi-tenant office and medical office campus located in San Diego’s “strongest institutional submarket”, University Town Center. HFF marketed the property on behalf of the seller, DivcoWest. Polidev Investments, Inc. purchased the complex […]
News Release: HFF expands national healthcare practice with addition of managing director Evan Kovac
SAN DIEGO, CA – HFF announced today that Evan Kovac has joined the firm as a managing director in its San Diego office. Mr. Kovac will be a member of HFF’s national healthcare practice and will focus on medical office building and healthcare capital markets and investment sale transactions throughout the United States. Mr. Kovac […]
News Release: Heart Care Centers of Illinois to Open Practice at Mokena Medical Commons, Irgens’ New 32,300 SF MOB in Mokena, IL
Leading Cardiology Group Joins Women’s Healthcare of Illinois at Irgens’ New 32,300 Square Foot Medical Office Building in Mokena, Illinois December 16, 2014- Chicago – Irgens is proud to announce that Heart Care Centers of Illinois (HCCI) has signed a lease for 9,200 square feet at Mokena Medical Commons. HCCI joins Women’s Healthcare of Illinois, […]
News Release: Cornerstone Companies, Inc. Awarded 675,000+ Square Foot Management Contract
Indianapolis, IN – December 15, 2014 – Local real estate development company, Cornerstone Companies, Inc. has been hired by American Healthcare Investors Management Services, Inc. (AHI) to act as the exclusive leasing and management agent for a 676,473 square foot portfolio of medical office buildings. NorthStar Realty Finance recently acquired the portfolio in a $4 […]
News Release: Anchor Health Properties’ Heart and Vascular Institute Reopens After Year-Long Expansion
The 39,000 sq.ft. facility reopened November 24, 2014 in Edgewood, KY Anchor Health Properties, a full-service development company focused exclusively on medical facilities, has announced that the Heart and Vascular Institute (“The Institute”) and the Patient Entrance at St. Elizabeth Healthcare in Edgewood, KY, reopened to the public on November 24, 2014, after a year-long […]
News Release: Tryko Partners acquires Mont Marie in Holyoke, Mass.
Third-Generation Nursing Home Operator Embraces Property’s Rich History HOLYOKE, Mass., Dec. 10, 2014 – Tryko Partners, LLC has acquired the Mont Marie skilled nursing and age-restricted affordable housing campus in Holyoke from The Sisters of St. Joseph (SSJ) of Springfield. The 52-acre property includes the 84-bed Mont Marie Health Care Center, along with Mont Marie […]
News Release: PMB selected to develop new MOB for Sutter Health’s California Pacific Medical Center
Pacific Medical Buildings to develop, own and manage 250,000 square foot medical office building connected to CPMC’s new acute care hospital in downtown San Francisco SAN FRANCISCO, Dec. 4, 2014 – Pacific Medical Buildings (PMB) is pleased to announce its selection by Sutter Health/CPMC to develop a $168 million, nine-story, 250,000 square foot medical office […]
News Release: Heartis senior community to be built in ‘Heart of Texas’
Healthcare real estate firm Caddis has started construction of a an 81-unit assisted living and memory care community in Waco, set to open in late 2015 WACO, Texas, Dec. 4, 2014 – It seems entirely appropriate that a senior community with the name Heartis should be built in Waco, which is known as the “Heart […]
News Release: Four Duke Realty healthcare projects named HREI Insights Awards™ Finalists
Healthcare Real Estate Insights™ magazine’s annual, national awards program honors medical facilities the firm developed in Florida, Indiana, New Jersey and Tennessee INDIANAPOLIS, Dec. 4, 2014 – Duke Realty-developed medical facilities have been honored as Finalists in four out of nine categories of Healthcare Real Estate Insights™ magazine’s annual, national awards program. The Indianapolis-based commercial […]
News Release: EwingCole Names Elizabeth Kulkarni Director of Business Development
[Philadelphia | New York | Irvine] EwingCole, one of the nation’s leading architecture, engineering, and interior design firms, named Elizabeth Kulkarni as a Director of Business Development. The veteran business development professional brings over 25 years of experience to her role providing strategic business development for the firm. “Elizabeth’s skills are an asset to cultivating […]
News Release: CNL Healthcare Properties acquires South Florida medical office building
REIT invests approximately $11.3 million in key property in Fort Lauderdale suburb (ORLANDO, Fla.) Dec. 2, 2014 – CNL Healthcare Properties, a real estate investment trust (REIT) focused on senior housing and healthcare facilities, has acquired the Northwest Medical Park building, a 45,565-square-foot, Class A, multitenant medical office building in Margate, Florida, a suburb of […]
News Release: H2C Advises on Fairmont General Hospital Sale to Alecto Healthcare
Hammond Hanlon Camp LLC Advises on the Sale of Fairmont General Hospital to Alecto Healthcare Services Sale transaction concluded through Chapter 11 bankruptcy process CHICAGO – On September 19, 2014, Fairmont General Hospital and Subsidiaries (“FGH” or the “Hospital”) completed the sale of its 140-bed hospital and affiliates to Alecto Healthcare Services, Inc. (“Alecto”). Hammond […]