News Release: Realty Trust Group Expands Relationship With Cone Health
Realty Trust Group Expands Relationship With Cone Health, Now Full Outsourcing Partner for 1.8 Million Square-Foot Real Estate Portfolio GREENSBORO, N.C., AND KNOXVILLE, Tenn., Feb. 13, 2019 — Realty Trust Group has been engaged by Cone Health to provide full property management, property accounting and project management services for Cone’s 1.8 million square-foot ambulatory and administrative […]
News Release: Stage Equity Partners Acquires Inverness Dental & Medical Plaza in Birmingham, AL
Chicago-based Stage Equity Partners (Stage Equity), has acquired Inverness Dental & Medical Plaza located at 202 Inverness Center Drive in Birmingham, AL, from Inverness Dental Associates, LLC. Purchase price was not disclosed. Said Stage Equity Partner Brian Howard, “We worked directly with the physician and dentist owners to structure a sale-leaseback that best serves the […]
News Release: Welltower Announces Addition of Kathryn Sullivan to Board of Directors
Welltower Inc. (NYSE: WELL) announced today the appointment of Kathryn M. Sullivan, CPA to its Board of Directors. The Company also announced the retirement of Judith Pelham and Geoffrey Meyers from the Board. “Kathryn is a respected health care executive with an in-depth understanding of the U.S. health system,” said Jeff Donahue, Welltower’s Board Chair. “Her functional depth and breadth of experience […]
News Release: Welltower Reports Fourth Quarter 2018 Results
2/12/2019 7:00:00 AM TOLEDO, Ohio, Feb. 12, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced results for the quarter ended December 31, 2018. For the quarter, we generated net income attributable to common stockholders of $0.27 per share and normalized FFO attributable to common stockholders of $1.01 per share. For the year, we generated net income attributable to common stockholders of $2.02 per share and […]
News Release: For Sale: 3838 California, San Francisco – Anchored by Sutter Health
OFFERING SUMMARY HFF is pleased to present to qualified investors the opportunity to acquire the 100% fee simple interest in 3838 California (the “Property”), an 82,805(1) square foot institutional-quality medical office building located in the prestigious Presidio Heights neighborhood within the City of San Francisco. The Property represents a fortress risk profile, and the first […]
News Release: Cornerstone Companies, Inc. MOB Fund Acquires $18.6M Portfolio
Cornerstone Companies, Inc. recently announced the purchase of three healthcare real estate properties totaling more than 94,000 sf in Texas, Louisiana and Illinois for a total of $18.6 million. The properties were acquired by Cornerstone MOB Fund III, a private equity fund focused solely on medical real estate. Over the past three years, Cornerstone has […]
News Release: JUST SOLD – Premier Coastal Medical Office Building Trades for Record-Setting Price in Newport Beach, CA
CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 1601 Avocado Avenue in Newport Beach, California. Anthony DeLorenzo, Gary Stache, Doug Mack, and Chris Bodnar of CBRE represented the seller, a private investor. The buyer, a renowned medical institution, will operate its first Orange County facility at the property. The sale reflected […]
News Release: Macada Properties welcomes Jonathan Epstein, CCIM as Vice President of Real Estate
Jonathan Epstein, CCIM joined Macada Properties as their Vice President of Real Estate. Epstein has been in the Commercial Real Estate field for over 15 years, under the mentorship of his father, Jeff A. Epstein and his partner, William M. Berger at Berger-Epstein Associates, Inc. Epstein is a fourth-generation real estate professional in the Lehigh Valley […]
News Release: Lancaster Pollard Announces Hiring of Laca Wong-Hammond
Lancaster Pollard, an ORIX Corporation USA company, has announced the hiring of Laca Wong-Hammond as a managing director with its affiliate OREC Securities, LLC, which provides mergers and acquisitions (M&A) services. Wong-Hammond will co-lead business development efforts for the firm’s sell-side and buy-side advisory services to owners and operators of seniors housing and care properties, […]
News Release: Just Closed :: Medical Plaza at Creekside Place
Just Closed: Medical Plaza at Creekside Place 1050 North James Campbell Boulevard, Columbia, Tennessee Sale Date: 1/28/2019 Property Size: 65,059 SF % Leased: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of Medical Plaza at Creekside Place (the “Property”), located in Columbia, Tennessee. Lee Asher, Chris Bodnar, Shane Seitz, Sabrina Solomiany […]
News Release: Capital One Closes $104.4 Million Loan to Fund Acquisition of Medical Office Building Portfolio
Capital One announced today that it provided a $104.4 million adjustable-rate loan to a joint venture between Catalyst Healthcare Real Estate and Bain Capital Real Estate for the acquisition of 21 medical office buildings totaling 531,000 square feet and located across eight states. This is the second transaction that Capital One closed with Catalyst last […]
News Release: MBRE Healthcare opens East Coast regional office in Washington, D.C. area
High-touch medical real estate company expands its national infrastructure to better serve regional tenants and health systems Chicago and Washington D.C., February 6, 2019 — MBRE Healthcare, the largest private owner of healthcare properties in the country, announced today the opening of its eighth regional office in the greater Washington D.C. area, located at 20955 […]
News Release: Rendina Completes North Alabama Medical Center Medical Office Building in Florence, Ala.
FOR IMMEDIATE RELEASE Media Contact: Steve Barry, Rendina, 866.630.5055, sbarry@rendina.com Rendina Completes North Alabama Medical Center Medical Office Building in Florence, Ala. FLORENCE, Ala. Feb. 6, 2019 – On the heels of the recently completed North Alabama Medical Center (NAMC) hospital campus in Florence, NAMC and Rendina Healthcare Real Estate are celebrating the grand opening […]
News Release: NexCore Group breaks ground on new Saint Joseph London’s MOB in southeastern Kentucky
NexCore Group continues its support of Catholic Health Initiatives’ efforts to maximize efficiency and expand services across the United States LONDON, Ky., and DENVER, Feb. 6, 2019 – As part of an ongoing initiative to optimize efficiency of healthcare facilities nationwide for client Catholic Health Initiatives (CHI), national healthcare real estate developer NexCore is breaking […]
News Release: The Sanders Trust acquires addiction treatment center in Boston area
FOR IMMEDIATE RELEASE Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced the real estate acquisition of Serenity at Summit New England. The medically supervised drug detox and alcohol addiction treatment center is a 41-bed facility consisting of 25,455 square feet. Serenity at Summit New England provides the […]