News Release: SANTÉ Realty Investments Acquires Medical Office Building
Arizona Realty Company finds Under-valued Office Property in Indianapolis INDIANAPOLIS, IN — SANTÉ Realty Investments of Tempe, Ariz., has just closed on The Meridian Office Building in Indianapolis. The 10-story, brick building is a multi-tenant medical office building consisting of 92,000 square feet. With just 70% occupancy, there is excellent opportunity to create value through targeted […]
News Release: CBC Real Estate Group to Develop $40 Million Rock Regional Hospital in Derby, Kan.
KANSAS CITY, Mo. (July 13, 2016) – Yesterday, CBC Real Estate Group announced its plans to develop Rock Regional Hospital in Derby, Kan. The 65,000 square-foot, 30-bed general acute care hospital and adjacent 40,000 square-foot medical office building will be located north of Patriot Avenue and west of Rock Road, in the proposed STAR Bond […]
Companies & People: Richmond Honan Development hires Wall Street veteran Vincent Napolitano as EVP of finance
ALPHARETTA, Ga. – Atlanta-based Richmond Honan Development and Acquisitions LLC, which focuses on healthcare real estate, has hired Vincent Napolitano as executive VP of finance.
Companies & People: Brian Peay joins American Healthcare Investors as EVP and CFO; will also be CFO of related REITs
IRVINE, Calif. – Irvine-based American Healthcare Investors (AHI), focused on acquiring and managing healthcare properties, recently hired Brian Peay as its executive VP and chief financial officer (CFO).
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.