2017 HREI Insights Awards: John T. Thomas is top exec for 2017
He’s led Physicians Realty Trust in building its portfolio to $4 billion since its founding in 2013 The launching of Milwaukee-based Physicians Realty Trust (NYSE: DOC) took place rather quietly back in 2013, as the real estate investment trust (REIT) commenced with an initial portfolio of 19 medical office buildings (MOBs) valued at about $125 […]
Companies & People: Caddis starts MOB investment fund
Expects to invest up to $300 million annually; focus is on long-term ownership By Murray W. Wolf In what they describe as “a major strategic shift,” Caddis executives announced last month that the firm has closed on its first investment fund to acquire fixed-income core medical office building (MOB) assets across the country.
Companies & People: As part of growth plan, Pacific Medical Buildings hires Ken Henry to lead new Dallas office
In establishing a new office in Dallas, San Diego-based Pacific Medical Buildings (PMB) has hired Ken Henry as senior VP – development. Mr. Henry, who was previously the VP of healthcare development for Lend lease, will establish PMB’s Dallas office and
Companies & People: H2C hires 25-year investment banking veteran Daniel J. Mackell as managing director
New York-based Hammond Hanlon Camp LLC (H2C) recently hired Daniel J. Mackell as managing director. The former CEO of Cottage Capital LLC has more than 25 years of investment banking experience and, according to H2C, has “broad and deep experience,
Companies & People: Christine Gorham hired to lead Caddis’ strategy to grow platform in the Southeast
In more news from Dallas-based Caddis, the firm recently hired Christine Gorham to serve as director – Southeast Region. In her new role, Ms. Gorham focuses on growing the company’s
News Release: PR: FLAGSHIP HEALTHCARE PROPERTIES SELLS VIRGINIA MEDICAL OFFICE BUILDING
FLAGSHIP HEALTHCARE PROPERTIES SELLS VIRGINIA MEDICAL OFFICE BUILDING Owners Flagship Healthcare Properties (“Flagship”), together with Drake Real Estate Partners (“Drake”), have sold Lee’s Hill Medical Plaza, a class “A” medical office building and free-standing emergency department located at 10401 Spotsylvania Avenue in Fredericksburg, Virginia. The ±72,255 square foot medical office building (“MOB”) is anchored by […]
News Release: CIT closes on CommuniCare credit facility
CIT Healthcare Closes on $136.9 Million Credit Facility for CommuniCare Proceeds provide working capital, finance acquisition of 10 skilled nursing facilities CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending and leasing services, today announced that its Healthcare Finance business has closed a $136.9 million senior secured credit facility for CommuniCare Health Services […]
News Release: Avison Young Arranges Sale of Medical Office Building in Virginia
72,255-SF Class A building is anchored by the Mary Washington Healthcare System in Fredericksburg Avison Young announced today that it has arranged the sale of a 72,255-square-foot, Class A medical office building in Fredericksburg, Va. Lee’s Hill Medical Plaza, anchored by the Mary Washington Healthcare System & Radiologic Associates of Fredericksburg, has been purchased from the […]
News Release: Hoefer Wysocki Completes Iconic Design of The Olathe Health Physicians Inc. Hedge Lane Clinic
Reusable prototype opens doors for clinic expansion in additional communities Interdisciplinary architecture and design firm Hoefer Wysocki announced today the completion of the Olathe Health Physicians Inc., Hedge Lane Clinic, located at 2090 W. Dartmouth St. in Olathe, Kan. The 9,400 sq.-ft., $2.2 million design-build project was a joint effort between Hoefer Wysocki, Meyer Brothers […]
News Release: Carter Validus Mission Critical REIT II, Inc. Completes $398 Million in Healthcare and Data Center Acquisitions in First Half of 2017
Press Release July 17, 2017 TAMPA, Fla.–Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling a portfolio of high-quality data center and healthcare real estate, acquired assets during the first half of 2017 for approximately $398 million in aggregate contract purchase price, excluding […]
News Release: Raymond James is Pleased to Announce
Raymond James served as Sole Manager on $350.3M of 2017C Bonds and as Placement Agent on $56.8M of 2017A&B Bonds for Trinity Health (ND) $350,330,000 County of Ward, North Dakota Health Care Facilities Revenue Bonds, Series 2017C Sole Manager and $56,875,000 County of Ward, North Dakota Hospital Facility Revenue Refunding Bonds & Revenue Bonds, Series 2017A&B Placement […]
News Release: Just Closed :: Hock Plaza
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of Hock Plaza in Durham, North Carolina. Sale Date: December 21, 2017 Property Size: 327,160 SF Occupancy: 99% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of Hock Plaza (the “Property”). Lee Asher and Chris Bodnar of […]
News Release: Tennova Healthcare to Reconfigure Knoxville Operations
KNOXVILLE, Tenn. (Jan. 23, 2018) – Tennova Healthcare today announced a new strategic plan to enhance care and the experience of patients and physicians at its Knoxville area hospitals. Under the plan, Tennova will reconfigure the inpatient services offered at North Knoxville Medical Center, Physicians Regional Medical Center and Turkey Creek Medical Center and develop […]
News Release: Cornerstone teams up with Eye Surgeons of Indiana to develop innovative new facility
Cornerstone looks forward to the completion of a joint development project with Eye Surgeons of Indiana—a brand-new medical office building at 92nd and Meridian in Indianapolis. This new $18-million-dollar, 50,000-square-foot facility will include a surgery center on the first floor, as well as ophthalmology and optometry offices. Eye Surgeons of Indiana will occupy roughly 70 […]
News Release: Tennova Healthcare to Reconfigure Knoxville Operations
KNOXVILLE, Tenn. (Jan. 23, 2018) – Tennova Healthcare today announced a new strategic plan to enhance care and the experience of patients and physicians at its Knoxville area hospitals. Under the plan, Tennova will reconfigure the inpatient services offered at North Knoxville Medical Center, Physicians Regional Medical Center and Turkey Creek Medical Center and develop […]