News Release: New industry survey: Duke Realty #1 in outpatient facilities started in 2016
The Revista-Healthcare Real Estate Insights magazine survey listed the commercial healthcare real estate firm at the top of the list for starting five MOBs totaling 308,013 square feet INDIANAPOLIS, March 29, 2017 – A new Revista and Healthcare Real Estate Insights (HREI) magazine survey has listed Duke Realty as the top developer by square footage […]
News Release: Survey says: NexCore Group developed more outpatient space than anyone else last year
National healthcare real estate developer earned the top spot in that category of the first Revista-HREI Outpatient HRE Development Survey with five buildings totaling 397,900 square feet DENVER, March 29, 2017 –NexCore Group, a national healthcare real estate (HRE) developer, completed more square feet of outpatient medical space than any other developer last year. That’s […]
News Release: Cushman & Wakefield Sells Long Island Medical Office Building
Fully-Leased Medical Office On 1.75 Acres New York, March 28, 2017 – A two-story medical office building located at 3111 New Hyde Park Road in North Hills, New York, has sold in an all-cash transaction valued at $14,650,000. Cushman & Wakefield’s Ben Efraimov, Jonathan Hageman and Patrick Yannotta exclusively handled this transaction. “3111 New Hyde […]
News Release: Villaggio at San Luis Obispo to Raise Bar for Life Plan Communities
Upscale Life Plan Community Proposed for the City of San Luis Obispo NEWS PROVIDED BY Villaggio 27 Mar, 2017, 09:05 ET SAN LUIS OBISPO, Calif., March 27, 2017 /PRNewswire/ — Villaggio at San Luis Obispo, a luxury-style Life Plan Community, is currently under planning and development in California’s world renowned Central Coast. Named “The Happiest City […]
News Release: Global Medical REIT Inc. Announces Q4 and 2016 Financial Results
Reconciliations of non-GAAP financial measures for Funds from Operations and Adjusted Funds from Operations are included in the financial tables at the end of this announcement. March 27, 2017 08:00 AM Eastern Daylight Time BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company”), a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built […]
Companies & People: Missner Group completes another MOB project for Illinois Bone & Joint Institute
MORTON GROVE, Ill. – Des Plaines, Ill.-based The Missner Group recently completed a second phase renovation at a 24,000 square foot facility in Morton Grove operated by the Illinois Bone & Joint Institute (IBJI).
Companies & People: Seavest and Ciminelli land permanent financing for Conventus building in Buffalo, N.Y.
BUFFALO, N.Y. – White Plains, N.Y.-based Seavest Healthcare Properties and Buffalo-based Ciminelli Real Estate Corp., recently secured permanent financing for their jointly owned seven-story, 350,000 square foot Conventus MOB on the 120-acre Buffalo Niagara Medical Campus (BNMC).
Companies & People: Minnesota real estate company adds three professionals to its healthcare group
ST. LOUIS PARK, Minn. – St. Louis Park-based Excelsior Group recently hired three healthcare real estate (HRE) specialists for its advisory group.
Companies & People: Five questions for Aole Ansari
U.S. Navy veteran brings unique perspective to leading Lendlease healthcare team By John B. Mugford For a number of years here in the United States, Australia-based Lendlease’s involvement in healthcare was heavily focused on project management and the construction of hospitals and buildings for health systems.
Companies & People: Danis Construction chosen as contractor for $36.1 million ED replacement in southern Ohio
CHILLICOTHE, Ohio – Chillicothe-based Adena Health System recently selected Dayton, Ohio-based Danis Building Construction Co. to serve as the general contractor for the building of a new, expanded emergency department (ED) at its 209-bed Adena Regional Medical Center in Chillicothe, a city of about 22,000 residents in the southern part of the state.
Companies & People: Growth of staff, portfolio prompts Montecito Medical to relocate headquarters
NASHVILLE, Tenn. – Montecito Medical Real Estate, which continues to grow its staff and portfolio of MOBs, recently announced that it is moving its headquarters from Brentwood, Tenn., to space in One American Center, a 12-story building in Nashville’s Midtown area.
News Release: Hammond Hanlon Camp LLC Advises Health Systems on over $2 Billion of Financing Transactions in 2016
CHICAGO — March 23, 2017 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused strategic advisory and investment banking firm, served as the exclusive financial advisor on $2.2 billion of financing transactions in 2016 for a distinguished group of clients, the second consecutive year in which the firm has advised on debt issues with an aggregate par value […]
News Release: Easterly Government Properties Announces Agreement to Acquire the Nation’s Second Largest Department of Veterans Affairs Outpatient Clinic Located in Loma Linda, California
~ Largest Easterly Acquisition to Date ~ ~ Completed in 2016 and 100% Leased to the VA through May 2036 ~ March 21, 2017 04:01 PM Eastern Daylight Time WASHINGTON–(BUSINESS WIRE)–Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial […]
News Release: Easterly Government Properties Announces Agreement to Acquire and Complete the Development of the 86,363 SF Department of Veterans Affairs Outpatient Clinic in South Bend, Indiana
March 21, 2017 04:01 PM Eastern Daylight Time WASHINGTON–(BUSINESS WIRE)–Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has agreed to acquire and complete the development of the Department […]
News Release: Groundbreaking Ceremony Introduces Cypress Creek Medical Pavilion to Broward County
Added 3/17/17 by Brenner Real Estate Group FORT LAUDERDALE, FL – Cypress Creek Medical Pavilion, LLC, developers of the future 82,000 SF Cypress Creek Medical Pavilion, held a Groundbreaking Ceremony on Wednesday, March 15 at the property at 2122 West Cypress Creek Road, Fort Lauderdale, FL. A crowd of over 75 guests, physicians, tenants, future […]