News Release: Healthcare Trust of America, Inc. Announces Redevelopment Of Medical Office Campus With WakeMed Health & Hospitals In Cary, NC
SCOTTSDALE, Ariz., June 27, 2018 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) announced today that it would redevelop the Medical Park of Cary, its existing 90,000 square foot medical park located adjacent to WakeMed Health & Hospital’s (“WakeMed”) – Cary Hospital. As part of the redevelopment, HTA will build a new 125,000 square […]
News Release: FOR IMMEDIATE RELEASE: Crown Tenant Advisors Grows Territory and Sales Force
Chuck Fisk joins healthcare real estate firm to serve Alabama market Atlanta, GA, June 26, 2018 – Crown Tenant Advisors, a boutique healthcare real estate firm, announced today it will expand its services into Alabama and Northwestern Florida through the hiring of new Managing Director, Chuck Fisk. Fisk is a licensed commercial real estate broker […]
News Release: Welltower and Brookdale Senior Living Enter Into Broad Collaborative Relationship Restructuring
Welltower’s overall Brookdale concentration is expected to decrease from 7.6% to 2.9% of In-Place NOI, while improving lease coverage on the remaining Brookdale portfolio to 1.31x EBITDAR. Provides a right sized long-term relationship with Brookdale that could allow for additional future growth opportunities. Initiates a new RIDEA joint venture with Pegasus Senior Living led by […]
News Release: Campbell Clinic and Rendina Celebrate Construction Start of 120,000 SF MOB in Germantown, Tenn.
FOR IMMEDIATE RELEASE Media Contact: Steve Barry, 561.630.5055, sbarry@rendina.com GERMANTOWN, Tenn., and JUPITER, Fla., June 27 2018 – Staff members of Campbell Clinic, city officials and representatives from Rendina Healthcare Real Estate gathered to celebrate the groundbreaking of Campbell Clinic’s new 120,000 square foot medical facility on Thursday, May 24. The ceremony was held at the […]
News Release: CNL Healthcare Properties announces special committee, names financial advisors to consider strategic alternatives
News Release (ORLANDO, Fla.) June 26, 2018 — CNL Healthcare Properties, a real estate investment trust (REIT) focused on seniors housing and healthcare facilities, announced today that the board of directors has appointed a special committee of its independent board members to evaluate strategic alternatives to provide liquidity to shareholders, and has now named financial […]
News Release: New Scripps Medical Office Building Coming to Oceanside
New Scripps Medical Office Building Coming to Oceanside June 26, 2018 Oceanside Planning Commission approves facility to better serve North County residents Scripps Health will construct a new medical office building in Oceanside. The 85,000-square-foot facility was approved in a unanimous vote Monday by the Oceanside Planning Commission. “We are very pleased to be able to […]
News Release: Torrance Memorial Medical Center Breaks Ground On Hunt Cancer Center
Posted on Jun 26, 2018 South Bay Patients to Benefit from Expanded Access to Clinical Trials and Subspecialists through Cedars-Sinai Affiliation TORRANCE, CA, June 20, 2018 – Today, Torrance Memorial Medical Center broke ground on the Hunt Cancer Center, a 37,000-square-foot facility, designed to consolidate and strengthen cancer care in the South Bay. The center is named […]
News Release: GE Focuses Portfolio for Growth and Shareholder Value Creation
June 26, 2018 Company to focus on Aviation, Power and Renewable Energy Healthcare to become standalone company; GE expects to monetize 20% and distribute remaining 80% of GE Healthcare to shareholders tax-free Plans to fully separate Baker Hughes, a GE company (BHGE) Strengthening the balance sheet: Clear path to reduce debt by $25 billion, achieve […]
News Release: Penn State Health announces plans to build hospital in Cumberland County
New facility would ensure health care access and choice for residents of Cumberland and Perry counties June 26, 2018 Penn State Health News Residents of one of the state’s fastest growing areas will soon have improved health care access and choice close to home when Penn State Health opens a new acute care hospital on […]
Transactions: Business as usual for Harrison Street
After selling 75% of firm, company resumes it acquisitive ways By John B. Mugford CHICAGO — According to healthcare real estate (HRE) industry sources, it will be business as usual for Harrison Street Real Estate LLC following its recent sale of a 75 percent stake in the company for $450 million to Toronto-based Colliers International Group LLC. […]
News Release: 60-acre wellness village being planned for Texas
Partnership Bringing Healthcare to the Community of Mesquite Dallas, TX (June 26, 2018) – A new sixty (60) acre master-planned wellness campus, known as The Verde Center at Peachtree, has received a formal green light from the Mesquite City Council to proceed. The Verde Center at Peachtree is a proposed mixed-use medical campus that will […]
News Release: Birmingham-Based Healthcare Real Estate Company Announces Grand Opening of Iowa’s First Rehabilitation Hospital
FOR IMMEDIATE RELEASE For more information, contact: June 21, 2018 Krista Conlin, 205-937-3777 The Sanders Trust announces grand opening of Des Moines, Iowa development Mercy Rehabilitation Hospital is Iowa’s First free-standing Rehabilitation Hospital Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, is pleased to announce the grand opening […]
News Release: Children’s Healthcare of Atlanta Files Certificate of Need Application for North Druid Hills Hospital
ATLANTA (June 25, 2018) – Egleston Children’s Hospital, a subsidiary of Children’s Healthcare of Atlanta, today filed a Certificate of Need (CON) application for additional beds for its planned hospital at North Druid Hills Road in Brookhaven. The application relates to additional beds and expanded services that, when combined with its recently approved relocation Letter […]
Companies & People: Five questions with Debra Lemons
LEED certification isn’t always necessary, but it still pays to go green By John B. Mugford Is LEED (Leadership in Energy and Environmental Design) certification necessary when developing a new medical office building (MOB) or other healthcare real estate (HRE) facility? Is it worth the extra time, effort and expense? And should LEED certification affect […]
News Release: Saxum Real Estate Acquires Downtown Madison MOB
MADISON, N.J., June 22, 2018 – Saxum Real Estate, a privately-held real estate investment and development firm has added to its growing portfolio with the acquisition of 345 Main St, Madison, NJ. Saxum acquired the property in partnership with two leading physician groups, which will leaseback all remaining vacancy in the building under long-term leases. […]