News Release: Construction Begins on New Bronson South Haven Hospital
Published on September 25, 2019 The lakeshore community is one step closer to having a new hospital to serve its healthcare needs as construction gets underway on the new Bronson South Haven Hospital. The $22 million, two-story, 52,000 square foot facility is being built directly east of the existing hospital and will be accessible from both Blue […]
Feature Story: MOBs still rule the outpatient space
Consultant with The Advisory Board ranks the property types at Colliers conference CHICAGO — Of the five main outpatient facility types, medical office buildings (MOBs), urgent care centers and ambulatory surgery centers (ASCs) have the most positive outlooks and futures in the healthcare and healthcare real estate (HRE) sector. On the other hand, the outlook […]
Companies & People: He’s back! Mike Noto returns to HRE
Healthcare real estate veteran comes out of retirement to rejoin Rendina By John B. Mugford During the year after his retirement from helping lead the property management arm of Welltower Inc. (NYSE: WELL), Michael A. “Mike” Noto says he read a lot of books, improved his golf game and spent plenty of time with his […]
News Release: Kislak Commercial sells Pondview Plaza in central N.J. for $6.49 million
V.P. Stephen Gianis Represents Purchaser of 31,000 S.F. Monroe Twp. Medical Office Woodbridge, N.J., September 25, 2019 – Kislak Commercial Real Estate Service, Inc. announced the $6,485,000 sale of Pondview Plaza, a 31,000 square foot medical office located at 100-300 Overlook Drive, Monroe Township, New Jersey in the heart of Middlesex County. Stephen Gianis, vice president […]
Cover Story: The catalyst of Catalyst
A focus on relationships enables Chad Henderson and his team to drive organic growth in the HRE space By Erin E. Porter In recent years, Pensacola, Fla.-based Catalyst Healthcare Real Estate has made its mark through a flurry of several notable transactions, including the $150 million acquisition of a 21-property healthcare real estate portfolio spanning […]
Feature Story: Most patients have been slow to embrace telehealth
‘We’re not Open Table yet… They still want to talk to somebody,’ Colliers panelists say CHICAGO — It’s likely that a good percentage of professionals involved in healthcare real estate (HRE) are curious about how advances in technology, including telehealth and e-visits, will affect medical facilities in the years to come. It looks as if […]
News Release: Flagship Healthcare Properties Completes Development of Ambulatory Surgery Center in Caldwell County (N.C.)
NEWS RELEASE FOR IMMEDIATE RELEASE Orthopedic surgery center set to open in Granite Falls, N.C. CHARLOTTE, N.C. (September 19, 2019) – Flagship Healthcare Properties (Flagship) is pleased to announce the completion and delivery of a 20,995-square-foot ambulatory surgery center (ASC) at RiverCrest Medical Park in Granite Falls, N.C. Development of the property, located at 180 Riverbend Drive […]
News Release: AdventHealth to Build Freestanding ER and Medical Plaza in Port Orange, Fla.
09/19/2019 Lindsay Cashio AdventHealth announced plans today to build a 18,400-square foot, 24-bed hospital-based emergency department in Port Orange to care for both adults and children. Situated on seven acres directly south of the Port Orange Pavilion at 5811 Williamson Blvd., the AdventHealth Port Orange ER will house the same services found in hospital emergency […]
News Release: HCP Announces $1 Billion Commercial Paper Note Program
Sep 18, 2019 (4:15pm EDT) IRVINE, Calif., Sept. 18, 2019 /PRNewswire/ — HCP, Inc. (NYSE: HCP) announced today that it has established an unsecured commercial paper program (the “Commercial Paper Program”). Under the terms of the Commercial Paper Program, HCP may issue, from time to time, unsecured short-term debt securities with varying maturities not in excess […]
News Release: Ken Smondrowski tapped to launch Transwestern Healthcare Services in Washington, D.C.
Leading Real Estate Company Leverages National Success to Expand Local Services (Sept. 18, 2019 – Bethesda, MD.) – Transwestern Commercial Services (TCS) today announces Ken Smondrowski has joined the firm as Vice President – Healthcare Advisory Services. In this role, he is responsible for advising owners and users of medical office space on portfolio management, […]
Transactions: Fully occupied, 44,382 s.f. MOB in Hackettstown, N.J., trades; local Colliers broker represents seller
HACKETTSTOWN, N.J. – A “bidding war” took place among four investors for a fully occupied, 44,382 square foot MOB at 108 Bilby Road that recently traded in Hackettstown, about 50 miles west of Manhattan. The buyer was a third-generation New Jersey family investment firm that paid $10.6 million at a cap rate of 7.5 percent, […]
News Release: $113M sale of Medical Dental Building in Seattle completed by JLL
Historic office/medical office tower in prime location of central business district SEATTLE, WA– JLL announced today that it has closed the $113 million sale of the historic Medical Dental Building, an approximately 300,000-square-foot, office/medical building located in the dynamic Seattle central business district. JLL marketed the property on behalf of the seller, Goodman Real Estate, […]
Feature Story: Systems need help, advice with their R.E. strategy
Panelists at Colliers Healthcare conference outline what they want from HRE firms CHICAGO — When health system executives talk, healthcare real estate (HRE) professionals typically sit up and listen. After all, the needs of the country’s hospitals and health systems are what continue to drive HRE facility development, acquisitions, property management and other services such […]
News Release: The Sanders Trust Announces Expansion of Rehab Hospital in Tulsa
FOR IMMEDIATE RELEASE September 17, 2019 The Sanders Trust announces the expansion of Tulsa, Oklahoma rehabilitation hospital – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announces the expansion of PAM (Post Acute Medical) Rehabilitation Hospital in Tulsa, Oklahoma, which the firm acquired for $24.5 million in July 2018. Built in 2017, PAM […]
News Release: Anchor Health Properties Continues Expansion in Atlanta MSA with Large Off Market, On Campus Portfolio Acquisition
FOR IMMEDIATE RELEASE September 17, 2019 (Media, PA) Anchor Health Properties (Anchor) a national full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has recently invested in three Class A medical office buildings totaling approximately 110,000 square feet, and secured the right to acquire a fourth asset of 40,000 […]