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 […]
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 […]
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 […]
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 […]
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?
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 […]
Companies & People: Ryan Cos. US executives are hoping to raise $60 million for healthcare real estate fund
MINNEAPOLIS – Executives with Minneapolis-based Ryan Companies US Inc., which has a relatively new healthcare division, are seeking to raise $60 million in equity for the new Ryan Healthcare Real Estate Fund I LLC.
Companies & People: Stream Realty Partners hires John Huff to lead its new healthcare real estate platform
DALLAS – Stream Realty Partners, which operates more than 130 million square feet of industrial, office, retail and multifamily space, recently named John Huff as the managing director of its new healthcare real estate division in the Dallas-Fort Worth market.
Companies & People: David Chung hired to oversee West Coast healthcare real estate development for Duke Realty
INDIANAPOLIS – David Chung recently joined Duke Realty as VP of development, healthcare. In his new role, Mr. Chung oversees all phases of development, including client solicitation and business development, planning, budgeting, design and construction, on the West Coast.
Companies & People: Ventas closes on $1.5 billion purchase of 25-property, 4.5 million square foot Wexford portfolio
CHICAGO – Ventas Inc. (NYSE: VTR) recently completed its $1.5 billion acquisition of the Wexford Science & Technology portfolio of life science and medical properties from affiliates of Blackstone Real Estate Partners VIII LP.
Companies & People: New members, returnees join board
Magazine’s Editorial Advisory Board bolsters its reach within HRE sector By Murray W. Wolf Two new members have been added to the Healthcare Real Estate Insights™ Editorial Advisory Board (EAB), which comprises industry leaders who are active in healthcare real estate (HRE) development, financing, investment, advisory services, consulting, brokerage, property management and law, as well […]
Companies & People: Skanska USA lands contract for early work at U of Virginia Hospital project
CHARLOTTESVILLE, Va. – New York-based Skanska USA is performing early site work, relocating utilities and installing building foundations at the University of Virginia’s hospital in Charlottesville.
Companies & People: First building of planned four-building medical park opens in Lithia, Fla., east of Tampa, Fla.
LITHIA, Fla. – The 22,600 square foot first building of FishHawk HealthPark has opened in Lithia, about 20 miles east of Tampa, Fla. Tenants include Pediatric Health Care Alliance and BayCare Medical Group.