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 […]
News Release: ERDMAN expasnds Board of Directors
Madison, Wis. (May 15, 2013) – ERDMAN, a national leader in healthcare consulting, facility planning, development and design-build, today announced the appointment of Bruce Cohen, President and Chief Operating Officer of Ares Commercial Real Estate Corporation – a publicly traded specialty finance company – to its board of directors. As a respected leader, Cohen will […]
News Release: American Realty Capital Healthcare Trust Reports First Quarter 2013 Results and Announces Completion of $160.8 million in New Acquisitions since the Fourth Quarter 2012
FOR IMMEDIATE RELEASE New York, New York, May 15, 2013 – American Realty Capital Healthcare Trust, Inc. (“ARCHT” or the “Company”) announced today that modified funds from operations (“MFFO”), as defined by the Investment Program Association (“IPA”), for the quarter ended March 31, 2013 increased 535.7% to $8.9 million from $1.4 million for the quarter […]
News Release: C.C. Hodgson Architectural Group announces opening of Resthaven Care Community in Michigan, emphasizing wellness & spirituality
CLEVELAND, May 10, 2013— Resthaven Care Community (Holland, MI) recently opened a $4.6 million patient-centered expansion that includes a 16-suite rehab cottage, chapel/life center and wellness center. C.C. Hodgson Architectural Group, a Planetree certified architectural firm specializing in senior living, worked closely with the Resthaven team to design a facility that emphasizes wellness and spirituality. […]
News Release: Matthei & Colin Associates Announces Design Commission for Radiation Oncology Center at Advocate Condell Medical Center
CHICAGO-A new and updated Radiation Oncology Center is under design at Advocate Condell Medical Center with Matthei & Colin Associates(M&CA) as the leading healthcare design firm. They are reconfiguring the Center to add 2500 square feet of new space and will renovate about 4200 square feet of existing space in the facility located on the […]