News Release: News from HRE Capital
Transaction Overview HRE Capital acted as a financial advisor related to the transaction of an 11 asset, 377,522 square foot medical office portfolio (“Portfolio”) located throughout the United States. The Portfolio, which transacted for $151,300,000, is 97% leased with a weighted average age of approximately ten years and is tenanted by high-quality regional hospitals and multi-specialty […]
News Release: RTG Is Celebrating Our 20th Anniversary!
March 1, 2018, Knoxville, TN: Realty Trust Group (RTG) is proud to announce our 20-Year Anniversary. Founded in 1998 by Greg Gheen and the shareholders of PYA, RTG has grown to 60 employees across three offices. We have continually grown our services and our geography – offering a comprehensive platform of real estate services to […]
News Release: NexCore Group adds Scott Patterson to its Design & Construction Team
National healthcare real estate developer hires the industry veteran as Vice President for its expanding Design & Construction Department DENVER, March 1, 2018 – NexCore Group, a national healthcare real estate (HRE) developer, today announced that Scott Patterson has joined the firm as Vice President Design & Construction. NexCore Group Managing Principal Jarrod Daddis says […]
News Release: Hoefer Wysocki Completes Design of Saint Luke’s Multispecialty Clinic in Blue Springs
New clinic is sustainable, flexible and efficient, earning LEED Silver Certification Interdisciplinary architecture and design firm, Hoefer Wysocki, is pleased to announce the completion of construction of Saint Luke’s Multispecialty Clinic for Saint Luke’s Health Systems. The LEED Silver-certified healthcare clinic is located at 600 NE Adam’s Dairy Parkway in Blue Springs, Missouri and opened […]
News Release: Memorial and Washington University Physicians receive CON Board approval
DATE February 28, 2018 Memorial Regional Health Services and Washington University Physicians in Illinois receive CON Board approval to build second medical office building in Shiloh Memorial Regional Health Services, Metro-East Services, Memorial Group, BJC HealthCare and Washington University Physicians in Illinois, Inc. received unanimous approval from the Illinois Health Facilities and Services Review Board (IHFSRB) […]
News Release: Montecito Medical Ranked #1 Privately Held Buyer of Medical Real Estate for Second Consecutive Year
February 28, 2018 12:49 PM Eastern Standard Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., finished 2017 as the nation’s top privately held acquirer of medical office buildings. It was the second straight year that the Nashville-based company achieved this distinction. The rankings are based on […]
News Release: Physicians Realty Trust Reports Fourth Quarter and Full Year 2017 Financial Results
Announces Total 2017 Investment Activity of $1.4 Billion Expands Portfolio to more than $4.2 Billion in Total Real Estate Assets Fourth Quarter Highlights: Reported fourth quarter 2017 total revenue of $97.3 million, up 32.1% year-over-year. Generated fourth-quarter net income per share and OP unit of $0.05 on a fully diluted basis, compared to net […]
News Release: Welltower Announces Stock Ticker Change to “WELL”
Ticker symbol represents new wellness model to support improved care outcomes among the aging population In celebration of this day of wellness in New York City, the Welltower Foundation is making charitable contributions to several local, best-in-class organizations Welltower Inc. (NYSE: WELL) today announced the New York Stock Exchange has approved a change of its stock […]
News Release: Oceanside’s Pacific Gateway Towers Office/Medical Project Fetches over $14.9 Million
For Immediate Release Oceanside’s Pacific Gateway Towers Fetches over $14.9 Million Cushman & Wakefield’s Multi-Service Platform Helps Reposition Property as Premier Asset SAN DIEGO, Calif. – February 26, 2018 – Pacific Gateway Towers, a 68,748-square-foot, two-building Class A office and medical project in Oceanside (San Diego), California has sold for $14.94 million. Private Investor Charlie Jadallah acquired the property […]
News Release: Meridian Completes Construction of 10,000 SF Medical Office Building in Bay Area’s Alameda County
FOR IMMEDIATE RELEASE: Meridian Completes Construction of 10,000 SF Medical Office Building in Alameda County Meridian delivers complicated project in just six months SAN RAMON, Calif. – Meridian, a full-service real estate developer and owner of medical office real estate, is pleased to announce that it has completed ground-up construction of a 10,000-square-foot single-tenant medical […]
Companies & People: Caddis launches $150M MOB fund
Mega investment firm Invesco is one of the investors, industry sources say By John B. Mugford The medical office building (MOB) sector continues to see a wave of new investors entering, or looking to enter, the space. Although healthcare real estate (HRE) firm Caddis is hardly a new name in the sector, it has launched […]
Companies & People: H2C advises Georgia health system on senior housing community sale
ALBANY, Ga. – New York-based Hammond Hanlon Camp LLC (H2C) recently advised a health system in Georgia on the sale of its only senior living facility, the 68-unit Phoebe Senior Living at
Companies & People: Hammes Partners closes new investment fund with $687 million in commitments
MILWAUKEE – Milwaukee-based healthcare real estate (HRE) private equity firm Hammes Partners recently announced the over
Companies & People: HRE firms form ‘win-win’ alliance
Health America Realty Group teams up with the Lincoln Harris healthcare unit By John B. Mugford Although the two healthcare real estate companies are significantly different in size, officers with each of them believe a strategic alliance they entered in late 2017 is going to be a winwin for both.
Companies & People: Caddis launches $150M MOB fund
Mega investment firm Invesco is one of the investors, industry sources say By John B. Mugford The medical office building (MOB) sector continues to see a wave of new investors entering, or looking to enter, the space. Although healthcare real estate (HRE) firm Caddis is hardly a new name in the sector, it has launched […]