News Release: Inova Loudoun Hospital Celebrates Expansion with Patient Tower Groundbreaking
September 14, 2017 Leesburg, VA — Inova Loudoun Hospital (ILH) celebrated a new patient tower groundbreaking among elected officials, community representatives, benefactors, Inova leaders and employees at the hospital’s main campus in Lansdowne. The patient tower is the next phase of the hospital’s $300M Master Plan expansion of facilities and services. Working with architecture firm […]
News Release: CNL Healthcare Properties Sees Significant Income Gains Across Its Portfolio
With opening of new developments, REIT focused on maximizing property performance (ORLANDO, Fla.) Sept. 14, 2017 — CNL Healthcare Properties, a non-traded real estate investment trust (REIT) invested in seniors housing and healthcare properties, continues its focus on maximizing operating performance across its portfolio and completing its most recent expansion project. Reflecting these efforts, the […]
News Release: Capital One Provides Balance Sheet and Agency Loans Totaling $551 Million to Kayne Anderson for Sentio Purchase
Bethesda, Md. (September 13, 2017) – Capital One announced today that is has provided two loans—a $251 million bridge loan and a $300 million Freddie Mac seniors housing revolving credit facility—to Kayne Anderson Real Estate Advisors (KAREA), enabling it to purchase Sentio Healthcare Properties, a public, nontraded REIT. “Capital One Healthcare’s deep industry expertise, access to […]
News Release: Meridian Buys Historic Grunow Memorial Medical Center in Phoenix
Purchase Represents Meridian’s First Major Transaction Outside of California PHOENIX, Ariz. – Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Grunow Memorial Medical Center, a landmark 51,150-square-foot two-story medical office building located at 926 East McDowell Road in Phoenix, Arizona. The seller was PacVentures, a real […]
News Release: Marcus Partners Sells Cross Street Medical Center
9/11/17 Newmark Knight Frank (NKF) has successfully represented Marcus Partners in the sale of Cross Street Medical Center at 40 Cross Street in Norwalk, Connecticut to Anchor Health Properties for $23 million. Executive Managing Director Frank Nelson, Senior Managing Director Michael Greeley and Director Danielle DeMarco of NKF’s Boston Medical-Academic Practice Group, which is led by […]
News Release: Strawberry Fields REIT Acquires A Rehabilitation and Nursing Facility for $21.8 Million
SOUTH BEND, Ind.—September 11, 2017—Strawberry Fields REIT LLC (Strawberry Fields), an owner and lessor of nursing homes, long-term acute care hospital facilities and medical office buildings in the Midwestern and Southern U.S., today announced it has acquired a rehabilitation and nursing facility for $21.8 million. This acquisition was financed with a $15 million loan from […]
News Release: Executed Purchase and Sale Agreements Totaling $166.0 Million
MILWAUKEE–(BUSINESS WIRE) – Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our,” “us,” and “DOC”), a self-managed healthcare real estate investment trust, is announcing that the Company has completed acquisitions of eight medical office facilities since June 30, 2017. The facilities represent approximately 417,753 square feet with a total purchase price of $129.7 […]
News Release: Max Burcham Joins Snyder Langston as Project Executive
Los Angeles, CA (September 8, 2017) – Snyder Langston, a Southern California-based master builder, has announced the addition of Max Burcham as Project Executive, reinforcing the firm’s Healthcare group and its Los Angeles market presence. Burcham brings three decades of industry experience to his role, with an especially strong background in healthcare construction. Prior to […]
News Release: Expert panel scheduled to discuss current healthcare real estate market environment
Trends in medical office building cap rates, pricing, competition, capital, construction costs and more will be examined at InterFace Healthcare Real Estate in Dallas Sept. 14 MINNEAPOLIS and DALLAS, Sept. 8, 2017 – The only constant in healthcare real estate (HRE) is change, so it makes sense for HRE professionals to stay well informed about […]
News Release: Just Closed – Medical Office Complex in Houston Metro
The JLL Healthcare Capital Markets Group is pleased to announce the sale of Sugar Land Medical Pavilion, a medical office complex consisting of three multi-tenant medical office buildings in the desirable Sugar Land submarket of Houston, Texas. The properties are strategically situated within five miles of three hospital campuses with anchor tenants including The University […]
News Release: HREI to offer exclusive preview of update to list of top 50 healthcare real estate owners
Healthcare Real Estate Insights™ will feature a sneak peek at Revista’s newly updated rankings of the top 50 U.S. medical property owners in its September 2017 edition MINNEAPOLIS, Sept. 6, 2017 – One of the most popular articles Healthcare Real Estate Insights™ magazine has ever published was the October 2014 cover story “Who are the largest […]
Cover Story: Top 50 owners of healthcare real estate
Kaiser still king of HRE ownership Data firm Revista releases latest Top 50 owners report, with health systems still dominating By John B. Mugford Editor’s note: This article contains corrections to the original version, based on updated information subsequently received from Revista. As has been the case for each of the past four years, the […]
Industry Pulse: More details emerge on CBRE Global Investors’ massive medical office portfolio acquisition
LOS ANGELES — More details have emerged in the large medical office building (MOB) portfolio acquisition that was announced Aug. 16 by Los Angeles-based CBRE Global Investment Partners (CBRE GIP), an independently operated affiliate of CBRE Group Inc. (NYSE: CBG). (CBRE GIP invests on behalf of its clients, not for any CBRE entity, and it operates independently […]
News Release: HFF marketing sale of four medical office buildings for sale in Greater Philadelphia
PHILADELPHIA, PA – September 5, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) has been awarded to market the sale of Norriton Medical Center, a four-building, 74,212-square-foot medical office campus in East Norriton, Pennsylvania, within just two miles of multiple hospital campuses and senior living facilities. The HFF team is marketing the property on behalf of […]
News Release: Regions hires Mark Hardison as Managing Director for the Regions Healthcare Group
BIRMINGHAM, Ala. – Sept. 5, 2017 – Regions Bank today announced that Mark Hardison has joined the Healthcare group as Managing Director with an emphasis on covering clients and prospects across the entire healthcare platform. Hardison will report to John Barton, Executive Vice President of Regions Bank, Executive Managing Director of Regions Securities LLC and […]