Feature Story: A new name is closing MOB deals
Fairfield Asset Advisors says it’s found a niche in healthcare real estate. Recent deals appear to back that up. By John B. Mugford New entrants often trumpet their move into the healthcare real estate sector, but most of them don’t succeed. Fairfield Asset Advisors is letting its transactions do the talking.
Post-Acute & Senior Living: Firm puts its brand on senior sector
Caddis Partners plans to develop up to 12 senior residences in next 18 months By Murray W. Wolf Caddis Partners LLC, a healthcare real estate firm best known for its medical office buildings (MOBs), is jumping into the senior housing market with both feet. In recent weeks, the Dallas-based healthcare real estate development, management and […]
Companies & People: Plaza lands big leasing assignment
Firm is now in charge of REIT’s 795,000 square foot portfolio in Greater Phoenix By John B. Mugford When the Scottsdale Healthcare system in Arizona put a portfolio of medical office buildings (MOBs) on the market in late 2011, it was certainly big news in the healthcare real estate (HRE) sector.
Companies & People: Duke Realty’s new 66,000 s.f. Scott & White MOB opens in Marble Falls, Texas
MARBLE FALLS, Texas – Duke Realty Corp.’s newly developed Scott & White Specialty Clinic-Marble Falls recently opened for business. Temple, Texas-based Scott & White Healthcare, which operates the largest multi-specialty physician group in the state, is leasing the building for its employed physicians as well as for a variety of clinical outpatient services. The three-story, 66,000 […]
Companies & People: Brasfield & Gorrie wins contract for large project at Medical City in Dallas
DALLAS – Birmingham, Ala.-based construction firm Brasfield & Gorrie was recently awarded the contract for a vertical expansion and renovation project at the 530-bed Medical City Hospital in Dallas. The project would consist of building
Post-Acute & Senior Living: CNL Healthcare Properties buys first skilled nursing portfolio for $56.4 million
ORLANDO, Fla. – CNL Healthcare Properties announced June 6 that has acquired six skilled nursing facilities in Arkansas for $56.4 million.
Companies & People: Transwestern to lease future medical campus outside of Houston
FORT BEND COUNTY, Texas – Houston-based Transwestern was recently awarded the leasing assignment for a future $50 million, 125,000 square foot mixed-use project in Fort Bend County, just outside of Houston.
Post-Acute & Senior Living: Emeritus Corp. signs leases with Health Care REIT Inc. and Merrill Gardens
SEATTLE – Emeritus Corp. (NYSE: ESC) announced June 27 that it has agreed to lease a total of 38 senior housing communities in eight states totaling about 4,400 units. The facilities are owned by a joint venture composed of
Companies & People: OGA has recently started work on seven outpatient clinics in five states
NASHVILLE, Tenn. – Nashville-based OGA, also known as Oman-Gibson Associates, is not seeing any slowdown in the need for new medical facilities. In fact, the a real estate services and development firm reports that in recent months it has broken ground on
Companies & People: NexCore Group lands new tenants, expands others at MOB in New Lenox, Ill.
NEW LENOX, Ill. – Denver-based NexCore Group has made plenty of progress on filling up the MOB that it developed and owns on the campus of the new Silver Cross Hospital in New Lenox, a southwest suburb of Chicago. NexCore reports that since the beginning of 2013 it has finalized leases for more than 22,000 […]
Companies & People: More Company News
■ Colliers | Baltimore recently completed two long-term leases for spaces at Waterloo Crossing, a Medical Community, a speculative two-building complex under construction in Columbia, Md. Colliers handles leasing for the complex, which is slated for completion in late summer 2013. One of the largest local medical practices, whose name was not revealed, has signed […]
News Release: Caddis Partners unveils new brand, new project
The Dallas-based real estate firm launches Heartis and announces its first development under the new name: the 96-bed Heartis Cleburne assisted living and memory care community near Fort Worth DALLAS, June 12, 2013 – Caddis Partners LLC, a Dallas-based healthcare real estate development firm, announces the launch of its senior living brand, Heartis, as well […]
Feature Story: HTA now getting plenty of attention
After a low-key NYSE listing, the healthcare REIT has taken steps to get noticed By John B. Mugford There are speculations as to why Healthcare Trust of America Inc. did not receive as much attention as anticipated from analysts after it went public on June 6, 2012. On that day, the company went from being […]
Companies & People: All systems go for MedProperties
After closing its first fund the investment firm launches $150 million second fund By John B. Mugford When MedProperties Holdings LLC entered the healthcare real estate (HRE) sector in 2007, principals with the private equity firm spent plenty of time spreading the word about what they could offer to developers, buyers and lenders. As the […]
News Release: Jeannine Kirk Joins Montecito Medical Operating Company
SANTA BARBARA, Calif. (May 10, 2013) – Montecito Medical Operating Company (MMOC), a leading medical related real estate company, is pleased to announce the addition of a new Closing Coordinator to its in-house due diligence group. Jeannine Kirk, originally of the South Jersey area, brings twenty plus years of paralegal experience with a concentration in […]