News Release: CCG Acquires 18 Midwest SNFs
press release | 13 April, 2017 | 0 Chicago, IL- April 1, 2017- Cascade Capital Group, a healthcare real estate investment & management company announces the acquisition of eighteen Midwest skilled nursing facilities (SNF’s). The portfolio consisted of facilities located in Iowa (2), Kansas (9), Missouri (6), and Nebraska (1). Purchased from a national, publicly-traded owner/operator, the […]
News Release: Avera Health Announces Largest Building Project in Sioux Falls History
Avera Health announced it will begin construction on $174 million worth of projects. The focus includes a new health campus at 69th Street and Louise Avenue – the largest building project in Sioux Falls’ history. “This bold, transformative campus is part of a broad and unified development plan to meet the rapidly growing needs of Sioux […]
News Release: SwedishAmerican Investing $130 Million into Downtown Hospital Campus
April 11, 2017 SwedishAmerican, a division of UW Health, is expanding its excellence in health care by investing $130 Million to construct a new state-of-the art women’s and children’s tower while making significant additional renovations on its main hospital campus in downtown Rockford. The new four-story structure is expected to be open in 2020, with […]
News Release: Duff & Phelps Expands Healthcare M&A Advisory Practice with New Managing Director and Director Hire
Duff & Phelps Expands Healthcare M&A Advisory Practice with New Managing Director and Director Hire New York April 11, 2017 – Duff & Phelps, the premier global valuation and corporate finance advisor, has announced the expansion of its Healthcare M&A Advisory Practice with the addition of Managing Director Phil Smith and Director Adam Stormoen. Smith […]
News Release: Construction Begins on Oak Brook Outpatient Building
April 10, 2017 Facility will provide more convenient access to Rush care in western suburbs Rush and Midwest Orthopaedics at Rush began construction this week on a new medical professional building in Oak Brook, Illinois, that will expand access to academic health care in Chicago’s western suburbs. The anticipated opening of the building, located at 2011 York […]
News Release: Ryan Companies Completes Land Acquisition in Hendersonville, Tenn.
FOR IMMEDIATE RELEASE Acquisition paves way for new senior living community, Clarendale® at Indian Lake Naperville, Ill. (April 10, 2017)—Ryan Companies US, Inc. has acquired an 11-acre land parcel at the Southwest corner of Indian Lake Boulevard and Maple Drive in Hendersonville’s Indian Lake Center area that paves the way for the development and construction […]
Thought Leaders: 2017 Healthcare Real Estate Investor & Developer Survey Results
CBRE’s U.S. Healthcare Capital Markets Group is pleased to present the findings of our 2017 Investor & Developer Survey. In developing the survey, our main objective was to identify trends in the healthcare real estate industry and to share this information with our clients to help them better understand the state of the market. The […]
News Release: The Shores at Clearlake Breaks Ground
April 6, 2017 Greater Houston area community will set a new standard of senior housing in the area Clear Lake, TX – The Shores at Clearlake, a new assisted living and memory care community being developed in the greater Houston area, is one step closer to opening. Recently, the new development broke ground in anticipation of […]
News Release: Done deal: We’re not in Kansas anymore
Blueprint is pleased to announce the successful portfolio sale and divestiture of 18 skilled nursing centers located in the Midwest. The portfolio included centers located in Kansas (9), Missouri (6), Iowa (2), and Nebraska (1). The regional cluster was comprised of 1,843 total licensed beds and generated approximately $110 million in total revenue on a […]
News Release: CNL Healthcare Properties II Purchases First Property
— REIT acquires newly built seniors housing community in Pensacola, Florida — (ORLANDO, Fla.) April 4, 2017 — CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties, has purchased the newly constructed Summer Vista Assisted Living Community in Pensacola, Florida, for $21.4 million. This is […]
News Release: CBRE launches Healthcare Specialty Practice for valuation & advisory services
Los Angeles, CA – April 4, 2017—CBRE Group, Inc. has announced that its Valuation & Advisory Services (VAS) ‘Seniors Housing & Care’ and ‘Medical Office’ practices will combine to form one cohesive Healthcare Practice Group. The property types covered by the new Healthcare Practice Group include independent living, assisted living, memory care, nursing care, continuing […]
News Release: Mohawk Valley Health System Awarded $300 Million Health Care Facility Transformation Grant to Build Integrated Healthcare Campus
For Immediate Release April 4, 2017 UTICA, N.Y. – On Monday, April 3, 2017, Governor Andrew M. Cuomo announced the passage of the Fiscal Year 2018 State Budget Extender, which funds all government operations through May 31 and advances key priority infrastructure, economic development and environmental projects across New York. In the Budget Extender, it […]
News Release: ProHealth Care announces construction of heart and vascular center on Waukesha hospital campus
April 3 2017 ProHealth Care announced on April 3 that it will consolidate its outpatient heart and vascular services in a building to be constructed on the campus of ProHealth Waukesha Memorial Hospital. The new building will allow ProHealth Care’s extensive heart and vascular teams to offer a wide range of services in an easily […]
News Release: Inland announces more than $600 million of capital raised for its Alternative Investment Funds
The Inland Real Estate Group of Companies, Inc. Announces More Than $600 Million of Capital Raised in 2016 for Its Alternative Investment Funds April 03, 2017 11:00 AM Eastern Daylight Time OAK BROOK, Ill.–(BUSINESS WIRE)–The Inland Real Estate Group of Companies, Inc., one of the nation’s largest commercial real estate and finance groups, announced today […]
News Release: Memorial Hermann Cypress Hospital Now Open for Business
CYPRESS (March31, 2017) A burst of energy has entered the Cypress area with the opening of Memorial Hermann Cypress Hospital. The 32-acre master-planned campus hosts an 81-bed hospital with state-of the-art operating rooms, an intensive care unit and neonatal intensive care unit (NICU). “Memorial Hermann Cypress Hospital is focused on providing a superior patient experience. […]