News Release: Community Health Systems Announces Definitive Agreement to Divest Eight Hospitals – Three in Florida, Three in Ohio and Two in Pennsylvania
FRANKLIN, Tenn.–(BUSINESS WIRE)–Feb. 16, 2017– Community Health Systems, Inc. (NYSE:CYH) announced today that subsidiaries of the Company have signed a definitive agreement to sell eight hospitals and their associated assets to subsidiaries of Steward Health Care LLC. Facilities included in the transaction are 119-bed Wuesthoff Health System-Melbourne in Melbourne, Fla.; 298-bed Wuesthoff Health System-Rockledge in […]
News Release: Lankenau Medical Center planning to enhance and expand emergency department
LANKENAU MEDICAL CENTER FEBRUARY 16, 2017 NEWS RELEASES The $52.8 million dollar expansion project is expected to be complete in early 2019 Lankenau Medical Center, part of Main Line Health, received approval from the Main Line Health Board of Governors to move forward with an Emergency Department Expansion Project. Originally built to handle 35,000 visits per year, […]
News Release: UCHealth’s new outpatient health center to provide primary care, specialty care and a surgery center for Denver, Cherry Creek residents
Five-story building with four-level underground parking garage at 100 Cook Street brings access to advanced care and clinical trials close to home Aurora, Colo. (February 16, 2017) – Patients throughout Cherry Creek and metro Denver will soon have access to additional health care options, close to home, at UCHealth’s new health center at the intersection of […]
News Release: SSM Health Names Laura Kaiser as Next President and CEO
February 14, 2017 05:00 PM Eastern Standard Time ST. LOUIS–(BUSINESS WIRE)–Following a nationwide search, the SSM Health Board of Directors has selected Laura Kaiser as the health system’s new President/Chief Executive Officer. Kaiser will begin with SSM Health on May 1 and replace William P. Thompson, who will retire at the end of April after […]
News Release: Children’s Healthcare of Atlanta Breaks New Ground to Meet Growing Demand for Care
Campus at North Druid Hills and I-85 to Include New Hospital ATLANTA (Feb. 9, 2017) – Children’s Healthcare of Atlanta announced today major developments in its strategy for expanding to serve more children. The not-for-profit organization’s plans include a new pediatric hospital at its campus at North Druid Hills Road. “As the only freestanding pediatric healthcare system […]
News Release: Trigild Closes $35.5 Million Dollar Receivership Sale of Encino Office Building
Press Release (ePRNews.com) – SAN DIEGO – Feb 07, 2017 – Trigild, a San Diego-based real estate firm specializing in property/asset management and fiduciary services, has announced the $35.5 million receivership sale of the Encino Corporate Plaza. Located at 16661 Ventura Boulevard in Encino, Calif., the nine-story, 126,275-square-foot office complex was sold to an undisclosed […]
News Release: Just Sold: Key-Whitman Eye Center
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Key-Whitman Eye Center in Dallas, Texas. Sale Date: January 30, 2017 Building Size: 35,709 SF Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Key-Whitman Eye Center (the “Property”) in Dallas, Texas. Lee Asher and Chris Bodnar of […]
News Release: MedEquities Realty Trust Makes $12.5 Million Investment In Acute Care Surgical Hospital In Houston
NEWS PROVIDED BY MedEquities Realty Trust, Inc. Feb 07, 2017, 06:30 ET NASHVILLE, Tenn., Feb. 7, 2017 /PRNewswire/ — MedEquities Realty Trust, Inc. (NYSE: MRT) announced it has made a $12.5 million investment in an acute care surgical hospital in Houston, Texas. The investment is in the form of a newly originated interest-only loan with […]
News Release: Just Sold: Foster City Medical Pavilion
Just Closed: Foster City Medical Pavilion The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Foster City Medical Pavilion (the “Property”) in Foster City, California. Chris Bodnar and Lee Asher of the CBRE U.S. Healthcare Capital Markets Group partnered with Seth McKinnon and Scott Prosser in the Northern California market to act […]
News Release: Healthcare Building Solutions Adds Two Senior Executives to Management Staff
Key Hires Will Augment Project Management Resources to Meet Growth Demands Langhorne, PA – Healthcare Building Solutions (HBS) is pleased to announce that Earle Robert (Dusty) Bray, Jr. and Stephen J. Mooney, MS, PMP have joined the firm to bolster HBS’ growing portfolio of regional and national accounts. Recognized leaders in managing the design and […]
News Release: Global Medical REIT Inc. Provides Acquisition Update
Press Release Company Release – 2/1/2017 8:30 AM ET Company Announces Two Completed Acquisitions and Five Executed Purchase Contracts for an Aggregate of $103.5 million BETHESDA, Md.–(BUSINESS WIRE)– Global Medical REIT Inc. (NYSE:GMRE) (the “Company” or “GMR”), a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities […]
News Release: The Excelsior Group Hires Healthcare Advisory Group
January 31st, 2017 The Excelsior Group (TEG) is proud to announce the recent hiring of three healthcare real estate specialists to the TEG Real Estate Advisory Team. The group is made up of Steve Brown, Misty Bowe and Jake Sampson who have been working as a team for the past six years. Their team is […]
News Release: Ryan Companies Hires Toby Veit as Director of Capital Markets
FOR IMMEDIATE RELEASE Chicago, IL (January 31, 2017) Ryan Companies US, Inc. hires Toby Veit as Director of Capital Markets in their Chicago office. Veit will be responsible for capitalizing Ryan projects and assets, developing and maintaining debt and equity relationships, sourcing and evaluating value-add acquisitions and structuring joint ventures. Veit comes to Ryan from […]
News Release: Dave Kreske Joins Meridian as Vice President of Construction
Meridian currently has more than 300,000 square feet currently in development and redevelopment and another 200,000 square feet in the pipeline in both northern and southern California. SAN RAMON, CALIF. – Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities, expands its construction division with the addition of David Kreske, a well-respected […]
News Release: Bay Area Regional Medical Center and Medistar Corporation announce development of new MOB
Bay Area Regional Medical Center and Medistar Corporation announce development of new medical office building to support community hospital’s growth WEBSTER, TX – January 27, 2016 – Bay Area Regional Medical Center (Bay Area Regional) and Medistar Corporation (Medistar) announced today the development of a new 60,000 square foot medical office building near the intersection […]