News Release: Ridgeline sells Midtown Medical office building for $19.2 million
Ridgeline Capital Partners has sold the Midtown Medical office building, a 57,905 SF building that is 95% occupied and located at 900 Jerome Street in Fort Worth. The building was bought by a private investor for $19,200,000. The property is in the center of the medical district in close proximity to Baylor All Saints Medical […]
News Release: Meridian Hires Senior Healthcare Real Estate Executive Indrajit Obeysekere as VP of Client Services
Meridian Hire Enhances Client Services Function of its Industry-Leading Healthcare Division SAN RAMON, CALIF. – Meridian, a full service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, announced today that senior healthcare executive Indrajit Obeysekere has been hired as vice president of client services. Obeysekere will play a […]
Companies & People: 5 Questions for Mindy Berman
Managing director with JLL’s healthcare group talks about the firm, the market By John B. Mugford When a new investment banking group with a big name behind it entered the medial office building (MOB) sales sector in 2010, it was basically a one-person shop with an analyst for support. Fast forward six years later, and […]
Companies & People: Colorado ski town gets a new MOB
NexCore Group was persistent in its quest to find a site, complete building By John B. Mugford The city of Avon, Colo., has about 7,000 residents and is in the heart of the Colorado Rockies, about 15 miles from Vail. These days, town officials and the mayor are praising the efforts of a national healthcare […]
Companies & People: New buyer finding MOBs
Everest made three purchases in its first few months By John B. Mugford The list of investors entering the medical office building (MOB) space keeps growing. One of the new players is New York-based Everest Medical Core Properties, which says it is focusing on acquiring MOBs, wellness centers and outpatient clinics. So far, the company […]
News Release: Caddis setting a new standard with fifth Dallas/Fort Worth community
The national healthcare real estate firm is building an amenity-filled independent living, memory care and assisted living residence in Bedford FORT WORTH and DALLAS, Texas, Sept. 21, 2016 – About a month after the grand opening of Heartis® Arlington, three months after opening its popular Heartis Eagle Mountain community and a year after the grand […]
News Release: UCF Selects Hospital Corporation of America as Partner to Build Teaching Hospital
LAKE NONA, Fla., Sept. 13, 2016 – The University of Central Florida today selected Hospital Corporation of America, the nation’s largest hospital company, as its partner to build a proposed teaching hospital next door to the College of Medicine in Lake Nona. The new teaching hospital would be located adjacent to the College of Medicine […]
News Release: Skanska USA Signs Contract to Build New Hospital in New Jersey
New five story hospital building for Inspira Health Network underscores increasing demand for innovative construction methods in healthcare delivery Philadelphia, PA – Skanska USA has signed a contract with Inspira Health Network to build a new hospital building in Mullica Hill, New Jersey. This is the second major hospital contract Skanska USA has announced in […]
News Release: Duke Realty’s Healthcare Group ramps up on West Coast with addition of David Chung
New Vice President of Development, Healthcare, will leverage his more than 20 years of experience in all phases of healthcare development to increase company’s western footprint INDIANAPOLIS, Aug. 31, 2016 – Duke Realty, an Indianapolis-based nationwide commercial real estate company, has hired experienced West Coast medical real estate professional David Chung as Vice President of Development, Healthcare. […]
News Release: Stream Launches Healthcare Division in DFW with Hire of Managing Director
John Huff to Lead New Platform and Drive Strategic Opportunities Throughout DFW Region DALLAS (August 29, 2016) – Stream Realty Partners (Stream), a full-service national real estate investment, development and services company, announced today the hiring of John Huff as managing director to lead its new healthcare real estate division. In this capacity, Huff will […]
Companies & People: New firm making inroads in MOBs
Former Neal Richards Group execs and others making their mark in North Texas By John B. Mugford Dallas-based Koa Partners, a multi-service, multi-sector real estate firm that had its start about a year ago and includes a brokerage services arm, looks to be making a mark in the MOB development sector in North Texas.
News Release: SANTÉ Realty Investments Acquires Medical Office Building
Arizona Realty Company finds Under-valued Office Property in Indianapolis INDIANAPOLIS, IN — SANTÉ Realty Investments of Tempe, Ariz., has just closed on The Meridian Office Building in Indianapolis. The 10-story, brick building is a multi-tenant medical office building consisting of 92,000 square feet. With just 70% occupancy, there is excellent opportunity to create value through targeted […]
News Release: CBC Real Estate Group to Develop $40 Million Rock Regional Hospital in Derby, Kan.
KANSAS CITY, Mo. (July 13, 2016) – Yesterday, CBC Real Estate Group announced its plans to develop Rock Regional Hospital in Derby, Kan. The 65,000 square-foot, 30-bed general acute care hospital and adjacent 40,000 square-foot medical office building will be located north of Patriot Avenue and west of Rock Road, in the proposed STAR Bond […]
Companies & People: Richmond Honan Development hires Wall Street veteran Vincent Napolitano as EVP of finance
ALPHARETTA, Ga. – Atlanta-based Richmond Honan Development and Acquisitions LLC, which focuses on healthcare real estate, has hired Vincent Napolitano as executive VP of finance.
Companies & People: Brian Peay joins American Healthcare Investors as EVP and CFO; will also be CFO of related REITs
IRVINE, Calif. – Irvine-based American Healthcare Investors (AHI), focused on acquiring and managing healthcare properties, recently hired Brian Peay as its executive VP and chief financial officer (CFO).