News Release: Just Closed – Final Property in the New York State Medical Office Portfolio
Jacobson Properties and Pyramid Brokerage Company of Binghamton announce the sale of the Benedictine Cancer Center, Kingston, New York – The final property in the $58.6 million New York State Medical Office Portfolio August 22, 2019 (Kingston, New York) Lisa Menin of Jacobson Properties and Leo Jones of Pyramid Brokerage Company of Binghamton are pleased to […]
News Release: Tim McHugh Named Welltower’s Chief Financial Officer
NEWS PROVIDED BY Welltower Inc. Sep 04, 2019, 16:15 ET TOLEDO, Ohio, Sept. 4, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that Tim McHugh has been named Senior Vice President, Chief Financial Officer. Mr. McHugh has been with the Company since 2016 and most recently served as Senior Vice President, Corporate Finance. “Since joining us in 2016, Tim has […]
News Release: Just Closed – 3rd Street Medical Center
JUST CLOSED 3RD STREET MEDICAL CENTER Los Angeles, CA Sale Date: 8/22/2019 Property Size: 147,078 SF Occupancy: 90% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the 3rd Street Medical Center (the “Property”), located in Los Angeles, California. Chris Bodnar, Lee Asher, Ryan Lindsley, Sabrina Solomiany and Shane Seitz partnered with Angie […]
News Release: $12,100,000 Medical Office Building Sale
Fairfield Advisors announces sale of Medical Office Building Portfolio in Colorado Springs, Colorado – $12,100,000 Transaction – (Denver, CO. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Colorado Center for Orthopedic Excellence Medical Office Buildings. The MOBs are located at 2430 and 2446 Research […]
News Release: CBRE Names Ken Manke Leader of Life Sciences Division
PRESS RELEASE CBRE Names Ken Manke Leader of Life Sciences Division Los Angeles – September 3, 2019 — CBRE Group, Inc. has named Ken Manke to lead its Americas Life Sciences division. Working within the firm’s Global Workplace Solutions (GWS) segment, Mr. Manke will oversee service delivery to enterprise clients within the life sciences, pharmaceutical and bio-tech industries. Mr. Manke’s appointment […]
News Release: Faith Regional Health Services Medical Offices South
Project Summary Project Type: Healthcare Medical Office City: Norfolk State: NE Size: 130,000 Architect: Avant Architects Faith Regional Health Services Medical Offices South Sept. 1, 2019 — Darland is under construction on a four-story, 130,000-square-foot medical office building in Norfolk, Nebraska. The Faith Regional Health Services (FRHS) South Medical Office will bring together multiple practices […]
News Release: Just Sold – Value-Add Medical Office Project Trades for $4.1M in Redlands, CA
Terracina Medical Office Campus Just Sold CBRE’s Investment Properties-So Cal team is pleased to announce the sale of Terracina Medical Office, a 5-building project located at 345-395 Terracina Boulevard and 1619/1623 Laurel Avenue in Redlands, California. The multi-tenant project, totaling 16,765 square feet, transacted at a gross price of $4,100,000 ($245 PSF) and was 56% […]
News Release: MOB Joint Venture Closing
$22MM | Joint-Venture Equity and Promote Crystallization Cadence Worked on behalf of a national developer of medical office projects to secure a JV equity partner who provided the equity through construction and structured a synthetic sale at stabilization. This allowed the developer to realize their promote and maintain ongoing ownership In the project. Michael Bennett […]
News Release: Healthcare Trust of America, Inc. Announces $200 Million in New Developments and Acquisitions
NEWS PROVIDED BY Healthcare Trust of America, Inc. Aug 30, 2019, 09:00 ET SCOTTSDALE, Ariz., Aug. 30, 2019 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA or the “Company”), announced investment activity of over $200 million in new development projects and acquisitions since June 30, 2019. These include the announcement of two on-campus medical office building (“MOB”) developments with total investments of approximately $85 to […]
Thought Leaders: Investor demand for medical office remains strong despite lower first half 2019 sales
JLL Healthcare Capital Markets Perspective August 2019 Medical office sales volume Key points: The apparently lower level of medical office sales in the first half of 2019 belies the growing appeal of this historically “alternative” real estate asset class as well as portfolio sales that have transacted recently. Large portfolio sales (>$400 million) are an outsized portion […]
Thought Leaders: Ambulatory Care Facility Development, Simone Health, Lists 3 Healthcare Construction Trends to Keep an Eye On
NEWS PROVIDED BY Simone Health Aug 29, 2019, 05:00 ET BRONX, N.Y., Aug. 29, 2019 /PRNewswire/ — Simone Healthcare Development, an ambulatory care facility development company devoted to prioritizing the need to develop, build, and operate to the highest standard of excellence, lists three healthcare construction trends you are going to want to keep a close eye on. Increased Levels of […]
News Release: Stockdale Capital Partners Completes Sale of Iconic Medical Office Building in Downtown Los Angeles
FOR IMMEDIATE RELEASE Stockdale Capital Partners Completes Sale of Iconic Medical Office Building in Downtown Los Angeles LOS ANGELES – August 28, 2019 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based real estate investment manager, confirmed the sale of the 147,078 square foot 3rd Street Medical Center, located at 2100 West 3rd Street in the […]
News Release: Entries now open for 2019 HREI Insights Awards™
Healthcare Real Estate Insights™ magazine announces the seventh annual awards program recognizing excellence in healthcare real estate. Entries are due Friday, Sept. 30, 2019. MINNEAPOLIS, Aug. 28, 2019 – Entries are now open for the 2019 HREI Insights Awards™, the only comprehensive national awards program totally dedicated to recognizing excellence in the areas of healthcare […]
News Release: MBRE Healthcare breaks ground in Colorado Springs for new orthopedic-focused MOB for UCHealth
New 65,000-square-foot outpatient facility will complement the adjacent Grandview Hospital, creating southern Colorado’s first full-service health campus concentrating on sports medicine and orthopedic care Top: Grandview Medical Center, a three-story, 65,000-square-foot MOB located adjacent to Grandview Hospital, will house the Center for Orthopedics, a primary care practice, orthopedics imaging services, and a physical therapy clinic […]
News Release: Michael A. Noto Joins Rendina Healthcare Real Estate as Chief Strategy Officer
FOR IMMEDIATE RELEASE Michael A. Noto Joins Rendina Healthcare Real Estate as Chief Strategy Officer JUPITER, Fla., Aug. 28, 2019 – Rendina Healthcare Real Estate welcomes Michael A. Noto as its Chief Strategy Officer. Mr. Noto brings more than 30 years of commercial and healthcare real estate experience to Rendina and was previously employed by […]