News Release: Global Medical REIT Inc. Announces Q4 and 2016 Financial Results
Reconciliations of non-GAAP financial measures for Funds from Operations and Adjusted Funds from Operations are included in the financial tables at the end of this announcement. March 27, 2017 08:00 AM Eastern Daylight Time BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company”), a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built […]
Companies & People: Missner Group completes another MOB project for Illinois Bone & Joint Institute
MORTON GROVE, Ill. – Des Plaines, Ill.-based The Missner Group recently completed a second phase renovation at a 24,000 square foot facility in Morton Grove operated by the Illinois Bone & Joint Institute (IBJI).
Companies & People: Seavest and Ciminelli land permanent financing for Conventus building in Buffalo, N.Y.
BUFFALO, N.Y. – White Plains, N.Y.-based Seavest Healthcare Properties and Buffalo-based Ciminelli Real Estate Corp., recently secured permanent financing for their jointly owned seven-story, 350,000 square foot Conventus MOB on the 120-acre Buffalo Niagara Medical Campus (BNMC).
Companies & People: Minnesota real estate company adds three professionals to its healthcare group
ST. LOUIS PARK, Minn. – St. Louis Park-based Excelsior Group recently hired three healthcare real estate (HRE) specialists for its advisory group.
Companies & People: Five questions for Aole Ansari
U.S. Navy veteran brings unique perspective to leading Lendlease healthcare team By John B. Mugford For a number of years here in the United States, Australia-based Lendlease’s involvement in healthcare was heavily focused on project management and the construction of hospitals and buildings for health systems.
Companies & People: Danis Construction chosen as contractor for $36.1 million ED replacement in southern Ohio
CHILLICOTHE, Ohio – Chillicothe-based Adena Health System recently selected Dayton, Ohio-based Danis Building Construction Co. to serve as the general contractor for the building of a new, expanded emergency department (ED) at its 209-bed Adena Regional Medical Center in Chillicothe, a city of about 22,000 residents in the southern part of the state.
Companies & People: Growth of staff, portfolio prompts Montecito Medical to relocate headquarters
NASHVILLE, Tenn. – Montecito Medical Real Estate, which continues to grow its staff and portfolio of MOBs, recently announced that it is moving its headquarters from Brentwood, Tenn., to space in One American Center, a 12-story building in Nashville’s Midtown area.
News Release: Hammond Hanlon Camp LLC Advises Health Systems on over $2 Billion of Financing Transactions in 2016
CHICAGO — March 23, 2017 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused strategic advisory and investment banking firm, served as the exclusive financial advisor on $2.2 billion of financing transactions in 2016 for a distinguished group of clients, the second consecutive year in which the firm has advised on debt issues with an aggregate par value […]
News Release: Easterly Government Properties Announces Agreement to Acquire the Nation’s Second Largest Department of Veterans Affairs Outpatient Clinic Located in Loma Linda, California
~ Largest Easterly Acquisition to Date ~ ~ Completed in 2016 and 100% Leased to the VA through May 2036 ~ March 21, 2017 04:01 PM Eastern Daylight Time WASHINGTON–(BUSINESS WIRE)–Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial […]
News Release: Easterly Government Properties Announces Agreement to Acquire and Complete the Development of the 86,363 SF Department of Veterans Affairs Outpatient Clinic in South Bend, Indiana
March 21, 2017 04:01 PM Eastern Daylight Time WASHINGTON–(BUSINESS WIRE)–Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has agreed to acquire and complete the development of the Department […]
News Release: Groundbreaking Ceremony Introduces Cypress Creek Medical Pavilion to Broward County
Added 3/17/17 by Brenner Real Estate Group FORT LAUDERDALE, FL – Cypress Creek Medical Pavilion, LLC, developers of the future 82,000 SF Cypress Creek Medical Pavilion, held a Groundbreaking Ceremony on Wednesday, March 15 at the property at 2122 West Cypress Creek Road, Fort Lauderdale, FL. A crowd of over 75 guests, physicians, tenants, future […]
News Release: A New Breed of Senior Living Community Is Coming to Pooler
POOLER, GEORGIA. March 6, 2017 Shepherd Health and Cobalt Seniors announce Shepherd Living at Savannah Quarters, an upscale 124-resident community offering spa-like living on roughly 10 acres in Pooler, Georgia. The joint venture has purchased the property from Southwest Quadrant Development and is developing the community with United Community Bank, architectural firm Erdman, and contractor […]
Transactions: Welcome back, TopMed team
Former ProMed Properties executives make first acquisition as new company By John B. Mugford For a time, between 2006 to 2012, New York-based ProMed Properties was a significant owner of medical office and healthcare properties up and down the East Coast. During that half dozen years or so, ProMed, a subsidiary of Tel Aviv, Israel-based […]
Companies & People: Flagship adds ‘healthcare’ to its name
Company is growing in all facets; adds Dev Gregg to lead development team By John B. Mugford It seemed like only a matter of time before Brackett Flagship Properties LLC changed its named to reflect the strong niche it’s carved out in the Southeast healthcare real estate (HRE) market. The Charlotte, N.C.-based company did just […]
Companies & People: Rendina completes 62,835 square foot MOB for Dignity Health in Glendale, Ariz.
GLENDALE, Ariz. – Jupiter, Fla.-based Rendina Healthcare Real Estate, which has six offices nationwide, has completed a 62,835 square foot MOB on the campus of Dignity Health St. Joseph’s Westgate Medical Center in Glendale, just outside of Phoenix.