Companies & People

News Release: NorthStar Realty Finance Announces Third Quarter 2016 Results

News Release: NorthStar Realty Finance Announces Third Quarter 2016 Results

NorthStar Realty Finance Announces Third Quarter 2016 Results NEWS PROVIDED BY NorthStar Realty Finance Corp. Nov 08, 2016, 07:00 ET SHARE THIS ARTICLE NEW YORK, Nov. 8, 2016 /PRNewswire/ — Third Quarter 2016 Highlights U.S. GAAP net (loss) to common stockholders of ($100.4) million, or ($0.56) per diluted share and cash available for distribution (“CAD”) […]

Christine Velasquez

News Release: Meridian Expands Construction Division with Addition of Christine Velasquez as Project Manager

SAN RAMON, Calif. – Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, expands its construction project management division with the addition of Christine L. Velasquez, a well-respected senior-level real estate professional with a successful track record of over 15 years in business and community development, […]

2544 Court Drive, Gastonia, N.C. (Photo courtesy of Brackett Flagship Properties)

News Release: Brackett Flagship Properties completes Gastonia, N.C. acquisition

GASTONIA, NC, November 7, 2016 – Brackett Flagship Properties has completed its latest acquisition in the Charlotte metropolitan area. 2544 Court Drive, a two building medical campus located in Gastonia, North Carolina is the most recent addition to the Flagship Healthcare Real Estate Fund II portfolio. The buildings total approximately 30,000 square feet and sit on a 4.5 […]

Steve Hall (Photo courtesy of Transwestern)

News Release: Transwestern appoints Steve Hall to lead Southeast Healthcare Advisory Services

New Hire Brings Country’s Largest Dedicated Healthcare Team to 45 Members Nationwide (NOVEMBER 2, 2016 – ATLANTA) – Transwestern today announces the Healthcare Advisory Services team has hired Steve Hall as senior vice president, expanding the country’s largest dedicated healthcare real estate team to 45 members nationwide. In this role, Hall will advise owners and […]

The JLL Healthcare Capital Markets Group arranged the sale of Twin Creeks Medical Center I & II in Allen, Texas. (Photo courtesy of JLL)

News Release: JLL closes sale of Twin Creeks Medical Center I & II in Allen, Texas

JLL Healthcare Capital Markets Just closed: Twin Creeks Medical Center I & II in Allen, Texas The transaction involved the investment sale of Twin Creeks Medical Center I & II in Allen, Texas. Deal highlights Property type: Medical office Sale date: October 17, 2016 Square feet: 69,196 r.s.f. Year built: 2004 and 2005 Occupancy: 87% The […]

HCP says that it will break ground on an additional two buildings constituting the third phase of The Cove at Oyster Point, its newest life science development in South San Francisco. (Rendering courtesy of HCP)

News Release: Third Phase of Construction at HCP’s The Cove at Oyster Point in South San Francisco to Begin, Fueled by Strong Leasing Activity

News Release Issued: Nov 1, 2016 (8:02am EDT) IRVINE, Calif. and SAN FRANCISCO, Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) announced today that it will break ground on an additional two buildings constituting the third phase of The Cove at Oyster Point (“The Cove”), its newest life science development located in the epicenter of South San Francisco’s […]

News Release: HCP Announces Results for Quarter Ended September 30, 2016 and Completes the QCP Spin Transaction

News Release Issued: Nov 1, 2016 (8:03am EDT)   IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — THIRD QUARTER 2016 AND RECENT HIGHLIGHTS —    EPS and FFO per share were $0.32 and $0.65, respectively; FFO as adjusted was $0.72 per share —    Completed spin-off of Quality Care Properties, Inc. (“QCP”) (NYSE:QCP) on October 31, 2016; see […]

News Release: HCP to Sell a Portfolio of 64 Brookdale Communities for $1.125 Billion

News Release Issued: Nov 1, 2016 (8:01am EDT)   Resulting in Lower Brookdale Concentration; Improving HCP’s Lease Coverage and Balance Sheet IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) today announced that it has entered into definitive agreements to sell a portfolio of 64 properties leased to Brookdale Senior Living, Inc. (“Brookdale”) for an […]

News Release: HCP Declares Quarterly Cash Dividend on Common Stock

News Release Issued: Nov 1, 2016 (8:00am EDT) IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) announced that its Board of Directors declared a quarterly common stock cash dividend of $0.37 per share.  The dividend will be paid on November 25, 2016 to stockholders of record as of the close of business on November […]

News Release: HCP, Inc. Completes Spin-Off of Quality Care Properties, Inc.

News Release Issued: Oct 31, 2016 (4:15pm EDT) Quality Care Properties to Begin “Regular Way” Trading on NYSE on November 1 IRVINE, Calif., Oct. 31, 2016 /PRNewswire/ — HCP, Inc. (NYSE:HCP) announced today that it has completed the previously announced spin-off (the “Spin-Off”) of its HCR ManorCare portfolio of skilled nursing and assisted living assets, as […]

The building is scheduled to open in June 2017 and will be anchored by PrairieCare LLC. (Rendering courtesy of Ryan Cos.)

News Release: Ryan Breaks Ground on 610 Medical Center in Brooklyn Park, Minn.

MEDIA ALERT October 28, 2016 What: Ryan Companies US, Inc. is hosting a groundbreaking ceremony to celebrate the start of construction for 610 Medical Center, a 40,000 square-foot state-of-the-art outpatient services center located within the 610 Zane Business Park in Brooklyn Park. The building is scheduled to open in June 2017 and will be anchored […]

Michelle Lagos (Photo courtesy of Meridian)

News Release: Healthcare Landlord Leasing Specialist Michelle Lagos Joins Meridian as Senior Asset Manager

FOR IMMEDIATE RELEASE:  IRVINE, Calif. – Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced today that healthcare leasing specialist Michelle Lagos was hired as the senior asset manager and will play an active role in the management of Meridian’s Southern California portfolio. “In her […]

1815-1837 Sunnycrest Drive, Fullerton, Calif. (Site plan courtesy of CBRE)

News release: Just Sold – Medical Office Building Sells to Owner/User – Fullerton, CA

1815-1837 Sunny Crest Drive, Fullerton, Calif. CBRE’s Investment Properties-So Cal team is pleased to announce the sale of a single tenant medical office building located at 1815-1837 Sunnycrest Drive in Fullerton, CA. The sale price was $6,500,000 or $250 PSF. Gary Stache, Brad McCarthy and Doug Mack of CBRE represented the both the seller and […]

The future Children’s Hospital of San Antonio Health Pavilion - Stone Oak will be a three-story, 60,000 square foot medical office building providing a wide array of outpatient pediatric services, including pediatric emergency care. Photo courtesy of Seavest Healthcare Properties

News Release: Seavest begins development of new MOB for CHRISTUS Santa Rosa’s Children’s Hospital of San Antonio

Private investment management firm develops three-story, 60,000 square foot Health Pavilion at Stone Oak with Trammell Crow SAN ANTONIO and WHITE PLAINS, N.Y., Oct. 26, 2016 – CHRISTUS Santa Rosa Health System’s Children’s Hospital of San Antonio is bringing higher-quality, more comprehensive and more convenient pediatric care, ambulatory and emergency services to North San Antonio […]

Cover Story: What’s in your wallet?

Cover Story: What’s in your wallet?

Healthcare real estate compensation survey unveiled By John B. Mugford Most companies in almost any sector would like to know, or sometimes feel a need to know, how the pay and benefits they provide to their employees stacks up against other, similarly sized firms in the same industry. Such information can be valuable when hiring […]