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.
News Release: Capital One Closes $162.5 Senior Secured Credit Facility for Palm Garden Healthcare
Bethesda, Md. (October 24, 2016) – Capital One announced today that it served as sole lead arranger and administrative agent for a $162.5 million senior secured credit facility consisting of a real estate term loan, a capex line of credit and an asset-based revolver. Palm Garden Healthcare, the borrower, owns 14 skilled nursing facilities and an […]
News Release: Marcus & Millichap sells San Fernando Valley office and medical campus for $32 million
TARZANA, Calif., Oct. 20, 2016 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Tarzana Professional Center, an office and medical campus consisting of approximately 160,345 rentable square feet in Tarzana, California. The $32 million sales price […]
News Release: Just Closed – 1720 El Camino Real
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of 1720 El Camino Real in Burlingame, California. Sale Date: October 5, 2016 Sale Price: $28,500,000 Price Per SF: $312 Building Size: 91,396 SF Occupancy: 91% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of […]
News Release: Just Closed – Peter Jefferson Place Medical Center
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Peter Jefferson Place Medical Center in Charlottesville, Virginia. Sale Date: September 22, 2016 Building Size: 73,997 SF Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Peter Jefferson Place Medical Center (the “Property”) in Charlottesville, […]