Outpatient Projects: Information needed for annual development survey
Any firms involved in outpatient projects are asked to respond to Revista By John B. Mugford Calling all outpatient healthcare facility developers! For the fourth year in a row, Arnold, Md.-based Revista, which focuses on compiling and disseminating data concerning the HRE sector for its subscribers, is collecting information for its 2020 Outpatient Healthcare Real […]
Feature Story: Borrowers and lenders are adapting to the hot HRE market
Expertise and relationships influence debt decisions, Revista panelists say By John B. Mugford When it comes to financing medical office building (MOB) acquisitions, the cost of capital is not always the most important factor in choosing a lender. In fact, when a nine-property MOB portfolio in the Atlanta area changed hands in a sale-leaseback transaction […]
News Release: Perkins and Will Strengthens its North Carolina Health Practice with Key Leadership Hire
FOR IMMEDIATE RELEASE February 11, 2020 Jonathan Miller, an alumnus of the firm, rejoins as principal in North Carolina to oversee the design and delivery of area hospitals and healthcare centers DURHAM, N.C.—Global architecture and design firm Perkins and Will welcomes architect Jonathan Miller to its North Carolina practice to oversee the design and delivery […]
News Release: Healthpeak Properties™ Reports Fourth Quarter and Year Ended 2019 Results
IRVINE, Calif., Feb. 11, 2020 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the fourth quarter and full year ended December 31, 2019. FOURTH QUARTER 2019 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.09 per share, NAREIT FFO of $0.39 per share, FFO as Adjusted of $0.44 per share and blended […]
Companies & People: New entrant into HRE space has a distinct niche
CA Ventures, which started out in student housing, is looking to add-value to HRE By John B. Mugford Investing in medical office buildings (MOBs) has become a heavily trafficked and crowded landscape, with buyers of various types and sizes, including large institutions, continually scouring the market for the product type. Despite the strong demand for […]
News Release: 6 Clinics Under 6 Months in North Carolina
February | 2020 6 Clinics Under 6 Months in North Carolina From early discussions to the end of construction, Optimal successfully delivered six new Messino Cancer Centers within six months for the North Carolina communities of Asheville, Franklin, Spruce Pine, Marion, Sylva, and Brevard. Optimal worked with the group to identify suitable options in each […]
News Release: Fastmed Partners With CBRE To Increase Patients’ Access To High-Quality Care In New And Upgraded Facilities
CBRE to provide a broad range of real estate services to FastMed’s growing clinic footprint PHOENIX (Feb 11, 2020) – FastMed Urgent Care, one of the nation’s largest urgent care providers, announces its partnership with CBRE, the largest U.S. commercial real estate firm, to select high-potential locations for its new clinics, optimize leases, and manage clinic maintenance and […]
News Release: Gantry Secures Over $700M in Construction-To-Permanent Financing for a Six Building Medical Office Portfolio
FOR IMMEDIATE RELEASE Gantry Secures Over $700M in Construction-To-Permanent Financing for a Six Building Medical Office Portfolio Los Angeles, CA (February 11, 2020) – Gantry, the largest independent commercial mortgage banking firm in the U.S., has arranged $373,000,000 in construction and $330,000,000 in permanent financing for a six-building medical office portfolio leased by the U.S. Government. […]
News Release: Asante launches historic plan to improve access to health care in Southern Oregon
Published on February 10, 2020 Asante is embarking on its largest growth and development plan. A $1 billion investment in the community includes new construction and renovation projects that span two counties over a 10-year period. The largest project in Asante’s Master Facility Plan is the expansion of Asante Rogue Regional Medical Center. A 323,600-square foot […]
News Release: Just Sold – Single-Tenant MOB Trades at $625 PSF In Menifee, CA
Menifee Medical 29878 Haun Road / Menifee, Ca Just Sold CBRE’s Investment Properties-SoCal/Phoenix/Vegas team is pleased to announce the sale of 29878 Haun Road in Menifee, California at a price of $5,725,000 ($625/PSF). The single-tenant medical office building had 5-years left on the lease to DaVita Dialysis, the nation’s largest dialysis service provider. Sammy Cemo, […]
News Release: Transwestern Secures Leasing Assignment For Peachtree Medical Center Development In Atlanta
Tightening Medical Office Market Drives Historic Demand for New Product (FEB. 6, 2020 – Atlanta) – Transwestern Commercial Services (TCS) today announces its Atlanta Healthcare Advisory Services team has been selected as the exclusive leasing agent for Peachtree Medical Center, a five-story, 75,000-square-foot, Class A medical office development at 2021 Peachtree Road in Atlanta. Transwestern Senior […]
News Release: Gantry Secures Over $100M in Construction-to-Permanent Financing for VA Medical Building in San Diego
Los Angeles, CA (February 6, 2020) – Gantry, the largest independent commercial mortgage banking firm in the U.S., has arranged $106,000,000 in construction-to-permanent financing for a 141,000-square-foot medical office building leased by the U.S. Veteran’s Administration in San Diego, CA. Peter Hillakas, Senior Director, and George H. Mitsanas, Principal, in Gantry’s Los Angeles office, arranged […]
News Release: Hoar Construction completes freestanding emergency department in Saraland, AL
Facility is newest addition to Infirmary Medical Plaza campus BIRMINGHAM, AL (Feb. 5, 2020) – Hoar Construction completed a 22,000-square-foot freestanding emergency department for Infirmary Health in Saraland, Ala. The $11.6 million state-of-the-art Mobile Infirmary Emergency Saraland has 11 examination rooms, a trauma room, a triage room, an in-house laboratory, and connects to the existing […]
Thought Leaders: BGL Q4 2019 Medical Office Development Market Update
Brown Gibbons Lang & Company BGL Healthcare Real Estate Q4 2019 Medical Office Development Market Update The BGL Medical Office Development Market Update is a quarterly research publication highlighting national medical office building transactions, investor activity, and trends within the medical office building real estate market. Medical office building (MOB) sales continued in an upward trend […]
News Release: Mission-critical Emerson Hospital outpatient facility trades hands
JLL executes $23.3M sale on behalf of Concord Property Management Concord, MA, January 27, 2020 – JLL Capital Markets announced today that it has successfully facilitated the disposition of the 46,350-square-foot medical office property, known as the Emerson Hospital Center for Specialty Care. Located at 54 Baker Avenue Extension in Concord, Massachusetts, and highly visible […]