News Release: Just Sold – Two-Tenant Medical Office Project Trades for $498 PSF in Corona, CA
Corona Medical Center Just Sold CBRE’s Investment Properties-So Cal team is pleased to announce the sale of Corona Medical Center, located at 2057 Compton Avenue in Corona, California, at a gross price of $5,150,000 ($498 PSF) that reflects a year one cap rate of 5.89%. The two-tenant project totals 10,340 square feet and was 100% […]
News Release: Welltower Names Ryan Rothacker Vice President of Operations, Outpatient Medical and Nicholas Rumanes Head of Development
TOLEDO, Ohio, March 4, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) announced today that Ryan Rothacker has been named Vice President of Operations, Outpatient Medical (“OM”) and Nicholas Rumanes has been named Head of Development. Ryan Rothacker joins the Company from MBRE Healthcare (“MBRE”), where he served as Senior Vice President, Asset Management. At MBRE, Mr. Rothacker oversaw five joint venture funds with a market value […]
News Release: New Sutter CPMC Van Ness Campus Hospital Opens its Doors in the Heart of San Francisco
Smart hospital design merges advanced technology, safety, efficiency and personal touches – such as private rooms – to support the highest quality care March 02, 2019 09:00 ET | Source: Sutter Health SAN FRANCISCO, March 02, 2019 (GLOBE NEWSWIRE) — San Francisco residents now have a modern new hospital at their doorstep as Sutter opens the doors to […]
News Release: MUSC signs agreement with Lake City Community Hospital and Williamsburg Regional Hospital
Deal authorizes MUSC to construct, own and operate a new $50 million replacement hospital CHARLESTON, S.C. (Feb. 22, 2019) – MUSC Health, the clinical enterprise of the Medical University of South Carolina (MUSC), has signed a letter of intent with Lake City Community Hospital and Williamsburg Regional Hospital that authorizes MUSC to construct, own and […]
News Release: HFF announces sale of 2-property multi-specialty medical office portfolio near Hartford, Connecticut
CHICAGO, IL – March 6, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of a two-property portfolio that includes 460 Hartford, a 36,000-square-foot, multi-specialty outpatient facility, and 8 Keynote, a 22,500-square-foot home health service facility. Both properties are fully leased to Eastern Connecticut Health Network (ECHN), a wholly-owned subsidiary of Prospect Medical Holdings, […]
News Release: Medical City Frisco Holds Groundbreaking for Medical Office Building and Ambulatory Surgery Center
FRISCO – Medical City Frisco will break ground on a new medical office building and ambulatory surgery center on Wednesday, February 27 at 3 p.m. The $37 million expansion project includes five stories with approximately 150,000 square feet and features a beautiful glass enclosed skywalk connecting to the main hospital. The facility will include 11 […]
News Release: Just closed: Kindred Rehabilitation Hospital | Humble, Texas
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the 46-bed freestanding inpatient rehabilitation hospital opened in 2012 located in Humble, Texas. Kindred Healthcare operates the hospital subject to a long-term absolute net lease. Kindred Healthcare is one of the largest providers of post acute care and acute rehabilitation services in […]
News Release: Physicians Realty Trust Reports Fourth Quarter and Full Year 2018 Financial Results
Announces Total 2018 Investment Activity of $271.0 million and Disposition Activity of $220.4 million Fourth Quarter Highlights: Reported fourth quarter 2018 total revenue of $105.3 million, up 8% over the prior year period. Generated fourth quarter net income per share and OP unit of $0.06 on a fully diluted […]
News Release: H2C Advises Southern Indiana Rehabilitation Hospital on Sale to Vibra Healthcare
NEW YORK — Feb. 27, 2019 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive financial advisor to Southern Indiana Rehabilitation Hospital (“SIRH” or “the Hospital”) in its sale to Vibra Healthcare. In Fall 2017, SIRH engaged H2C as its exclusive financial advisor to explore a sale of the […]
News Release: HFF closes sale of North County San Diego medical office building
SAN DIEGO, CA – HFF announces that it has closed the sale of Palomar Health Outpatient Center Phase I, a medical office building totaling approximately 75,000 square feet in North County San Diego, California. HFF marketed the property on behalf of the seller, Encinitas-based real estate developer JRMC Real Estate Inc., and procured the buyer, […]
News Release: Physicians Realty Trust Reports Fourth Quarter and Full Year 2018 Financial Results
Announces Total 2018 Investment Activity of $271.0 million and Disposition Activity of $220.4 million Fourth Quarter Highlights: Reported fourth quarter 2018 total revenue of $105.3 million, up 8% over the prior year period. Generated fourth quarter net income per share and OP unit of $0.06 on a fully diluted basis, compared to net income per […]
News Release: UHealth Will Bring World-Class Academic Medical Center to North Miami’s $4-Billion Master-Planned Community SoLé Mia
SoLé Mia is developed by renowned real estate families, the Soffers and LeFraks The University of Miami Health System is proud to announce that it will open a world-class medical center at SoLé Mia, the 184-acre, $4 billion mixed-use development in North Miami developed by the Soffer and LeFrak families. The medical center will offer […]
News Release: Raymond James serves as Financial Advisor to East Tennessee Children’s Hospital on the successful completion of its Series 2019 Financing.
The Series 2019 Bonds refinanced ~$88 million of Children’s existing bank debt, locking in low long-term fixed rates while eliminating the risk of potential accelerated optional redemption, and raised ~$32 million of new money for expansion and infrastructure projects to further Children’s mission. About Raymond James Healthcare Finance The Healthcare Finance Group of Raymond James […]
News Release: Flagship Healthcare Properties Delivers Medical Office Buildings in Southwest Charlotte, NC
NEWS RELEASE FOR IMMEDIATE RELEASE CHARLOTTE, NC (February 26, 2019) – Flagship Healthcare Properties, LLC (“Flagship”) announced that it has completed construction of two 9,000-square-foot medical office buildings (“MOBs”) in Berewick Town Center, a 1,200-acre master-planned community located eight miles southwest of uptown Charlotte. The buildings are located adjacent to Solis […]
Thought Leaders: Hospital Development Company, Simone Healthcare Development Explains the Difference Between Patient-Centered and Patient-Centric Care
NEWS PROVIDED BY Simone Health Development Companies Feb 26, 2019, 05:00 ET BRONX, N.Y., Feb. 26, 2019 /PRNewswire/ — In an effort to help medical facilities provide more effective treatment, healthcare architecture firms, Simone Healthcare Development, explains the difference between patient-centered and patient-centric care. The healthcare industry has advanced a great deal in recent years, and these leaps in […]