News Release: Liberty Property Trust Announces Sale of Medical Office Tower in Center City Philadelphia for $99.25 Million
July 02, 2019 WAYNE, Pa., July 02, 2019 (GLOBE NEWSWIRE) — Liberty Property Trust has sold 800 Walnut Street in Philadelphia, Pennsylvania, for $99.25 million. Liberty developed the 12-story, 153,242 square foot medical office building in 2013 for an investment of $48.5 million. The property was purchased by University of Pennsylvania Health System. The Company […]
News Release: RTG ranked #6 healthcare development company in Modern Healthcare’s 2019 Construction & Design Survey
Ranked #6 Top Development Companies By Modern Healthcare With over $97 million in completed healthcare development projects in 2018, RTG ranks as the #6 healthcare development company in Modern Healthcare’s 2019 Construction & Design Survey. Thanks to our valued clients and team members for your commitment to improving healthcare in our communities. Considering a new […]
News Release: Hammond Hanlon Camp LLC Advises WakeMed on Issuance of $365.7 Million in Bond Financing
FOR IMMEDIATE RELEASE NEW YORK— May 30, 2019 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused strategic advisory and investment banking firm, through its wholly-owned subsidiary H2C Securities Inc. (“H2C”), served as the exclusive financial advisor to WakeMed Health & Hospitals, a Raleigh, N.C.-based health system (“WakeMed” or the “System”), in the issuance of $207.7 million in […]
News Release: Montecito Medical Acquires Medical Office Building in Ohio
FOR IMMEDIATE RELEASE Montecito Acquires Medical Office Building and Surgery Center in Central Ohio May 30th, 2019 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired a prime medical office property and surgery center in suburban Columbus, Ohio, that is home to one of the largest urology […]
News Release: Physicians Realty Trust Provides Update on LifeCare Facilities
May 30, 2019 05:02 PM Eastern Daylight Time MILWAUKEE–(BUSINESS WIRE)–Physicians Realty Trust (NYSE:DOC), (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed healthcare real estate investment trust, is providing this update as to its financial exposure to LifeCare Holdings, LLC (“LifeCare”), which, along with several related entities, filed for Chapter 11 bankruptcy on May […]
News Release: The Neenan Company Breaks Ground on Reno Orthopedic Clinic
FOR IMMEDIATE RELEASE May 29, 2019 Colorado-based design build firm expands patient care with 76,000-square-foot addition RENO, Nev — Colorado-based developer and design-build firm The Neenan Company has broken ground on a 76,000-square-foot addition to Reno Orthopedic Clinic in downtown Reno, Nevada. Located at 555 N. Arlington Ave in Reno, the four-story addition will connect to […]
News Release: Colliers International | Commissioning & Energy Services Wins Commissioning Award For The NewYork-Presbyterian David H. Koch Center
FOR IMMEDIATE RELEASE Colliers International | Commissioning & Energy Services Wins Commissioning Award For The NewYork-Presbyterian David H. Koch Center NEW YORK, NY— May 29, 2019 — Colliers International Commissioning & Energy Services is pleased to announce that it recently won the Building Commissioning Association (BCxA) Northeast Chapter’s 2018 Project Award for New Construction for […]
News Releases: Anchor Health Properties Increases Philadelphia MSA Footprint with Key Crozer-Keystone Investment
FOR IMMEDIATE RELEASE May 28, 2019 (Wilmington, DE) Anchor Health Properties (Anchor) a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently acquired a modern, mission-critical medical office building master leased by Crozer-Keystone Health System, through a joint venture with an affiliate of the Carlyle Group. The building, […]
News Release: Lisa Gibson-Dorr joins Barton Malow as Senior Business Development Manager-Healthcare
FOR IMMEDIATE RELEASE Orlando, Fla. (May 28, 2019) – Barton Malow Company, one of North America’s leading contracting firms, has hired Lisa Gibson-Dorr as Senior Business Development Manager-healthcare for the Orlando office. With more than 20 years of industry experience, Gibson-Dorr has worked for some of the region’s top architecture and construction firms and established […]
News Release: Atkins Companies and Woodmont Properties Partner with Rothman Orthopaedic Institute to Bring State-of-the-Art Medical Office Building to Washington Township
For Immediate Release Announce full occupancy with three lease deals Washington Township, N.J. (May 28, 2019) – Atkins Companies and Woodmont Properties, both multigenerational commercial real estate development, investment, and property management firms, announce that they have negotiated three medical office leases totaling over 20,000 square feet at their new Rothman Medical Building located at 243 […]
News Release: Hammes Company rated No. 1 in 2019 Modern Healthcare Construction and Design Survey
FOR IMMEDIATE RELEASE Survey ranks Hammes as a leading healthcare developer 21 consecutive years; 18 years as No. 1 Milwaukee, Wis., May 23, 2019 – Milwaukee-based Hammes Company has been named the nation’s top healthcare developer by Modern Healthcare’s 2019 Construction and Design Survey. The survey has ranked Hammes as one of the leading developers […]
Cover Story: The Next Stage
Stage Equity Partners plans to stick with the same proven acquisition strategy that has served it well during the past 10 years, but perhaps with a few tweaks By Murray W. Wolf Conventional wisdom holds that a recession is a terrible time to start a business. However, some believe that it might just be the […]
Feature Story: Think of patients as customers
Focusing on ‘the patient experience’ is no longer enough, ICSC speaker says By Murray W. Wolf For at least a decade, healthcare executives have been talking earnestly about “the patient experience” – the sum of all interactions that a patient has with a healthcare organization, including the people, processes, policies, communications, actions and environment. Not […]
Feature Story: ‘Lease vs. own’ examined during BOMA panel
Health systems should invest capital in other areas, one panelist notes By John B. Mugford MINNEAPOLIS – Lease vs. own? It’s a debate as old as time in healthcare real estate (HRE) – well, not quite that old. But for at least a few decades now – ever since third-party developers and investors became key […]
Feature Story: Catching up with Bryan Lewitt of JLL
Veteran HRE broker sees new opportunities in retail sites, sale-leasebacks By Murray W. Wolf Bryan Lewitt got an early introduction to the healthcare business. As a high school student back in the mid-1970s, he worked for Tarzana (Calif.) Hospital doing maintenance work and delivering medications within the hospital. And after a brief flirtation with a […]