Companies & People: New REIT will have impact on HRE
Colony NorthStar would be formed from three firms, including NorthStar Realty By John Mugford Whether it will be buying or selling properties, a new real estate investment trust (REIT) in the works through the merger of three large publicly traded companies is likely to be a significant player in the healthcare real estate (HRE) arena.
Companies & People: Lorie Damon honored by BOMA International with Outstanding Achievement Award
ST. LOUIS – Cushman & Wakefield announced May 31 that Lorie Damon, managing director of its Healthcare Practice Group, was honored with the Outstanding Achievement Award at the recent Building Owners and Managers Association (BOMA) International Medical Office Building and Healthcare Facilities Conference in Orlando, Fla.
Companies & People: Tom Herzog to rejoin HCP Inc. in late June as executive VP and chief financial officer
IRVINE, Calif. – Irvine-based HCP Inc. (NYSE: HCP) recently announced that Tom Herzog is the new executive vice president (EVP) and chief financial officer (CFO).
Companies & People: Scott North joins McGough Construction as executive VP of national healthcare group
ST. PAUL, Minn. – McGough Construction recently announced that Scott North has joined the company as EVP of its national healthcare group.
Companies & People: Stream Realty joins HRE arena
Large Dallas-based CRE firm hires Rob Choksi to head new healthcare division By John B. Mugford One of the big hitters in Texas real estate – and now in a number of other major markets – is launching a new healthcare division in Houston, where healthcare real estate (HRE) is experiencing quite a boom.
Companies & People: Alan L. Pontius promoted to director of specialty divisions at Marcus & Millichap
CALABASAS, Calif. – Calabasas-based Marcus & Millichap (NYSE: MMI) recently named Alan L. Pontius, a senior VP, as national director of the firm’s specialty divisions, which include MOBs and senior housing, among other sectors.
Companies & People: HRE Cap represents MedProperties Group in recapitalization of six-MOB portfolio
GREATER CHICAGO – New York-based Healthcare Real Estate Capital (HRE Cap) recently represented Northbrook, Ill.-based MedProperties Group (MPG) in a recapitalization with an undisclosed investor of a six-building, 219,000 square foot MOB portfolio.
Companies & People: JLL Healthcare Capital Markets facilitates permanent financing for Wisconsin portfolio
MILWAUKEE – The JLL Healthcare Capital Markets Group closed May 9 on the permanent financing for a portfolio of MOBs in the Milwaukee area.
Companies & People: Fairfield Asset Advisors brokers $5.2 million sale of Houston MOB occupied by two tenants
HOUSTON — Denver-based Fairfield Advisors recently arranged the $5.2 million sale of the University of Texas (UT) Physicians Medical Office Building (MOB) in Houston.
Companies & People: NexCore completes Denver area MOB
Firm completes its second building on new St. Anthony North Health Campus By John B. Mugford Denver-based NexCore Group recently completed the 41,400 square foot Medical Pavilion on the new St. Anthony North Health Campus in Westminster, Colo., a suburb north of Denver.
Companies & People: 5 Questions for Mark Toothacre
The Pacific Medical Buildings president talks about adapting in the new era By John B. Mugford Long before medical office buildings (MOBs) became a “cool” or trendy investment, there was Pacific Medical Buildings, a West Coast-based developer, owner and manager of outpatient healthcare facilities.
Companies & People: James Schmid joins Anchor Health Properties
Effective April 4, 2016, veteran healthcare real estate executives James A. Schmid III has joined Anchor Health Properties as chief investment officer and a principal. He is based in Philadelphia, in the area where he and his family are originally from. Mr. Schmid joins Anchor after about six years with CNL Financial Group in Orlando, Fla., during which time […]
Companies & People: Plaza Companies brokerage team racks up $56 million in new sales, leases in 2015
PEORIA, Ariz. – Plaza Companies’ brokerage services team recorded a total of $39 million in new lease deals from 111 new and renewed leases totaling 290,698 square feet and sales worth$16 million in 2015, according to a news release from the Peoria-based healthcare real estate (HRE) firm.
Companies & People: Nathan Golik joins NexCore Group as managing director for business development
DENVER – NexCore Group announced March 8 that it has hired Nathan Golik as managing director for business development. Mr. Golik will head the Dallas office of the Denver-based healthcare real estate (HRE) development firm.
Companies & People: HFF brokered Welltower-CPPIB’s $569 million acquisition of the Aston Gardens portfolio
DALLAS – HREI™ has learned that the broker for the recent $569 million Aston Gardens senior housing portfolio acquisition was Holliday Fenoglio Fowler LP (HFF).