News Release: Anchor Health Properties Expands Southeast Footprint with Greenville, South Carolina Investment
FOR IMMEDIATE RELEASE January 7, 2019 (Wilmington, DE) 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 an 80,000 square foot core medical office asset located in the quickly growing Greenville, South Carolina market through a joint venture with an […]
News Release: Just closed: Atrium Health Midtown | Charlotte, North Carolina
The JLL Healthcare Capital Markets Group is pleased to announce a successful equity raise for a joint venture between Pappas Properties and Welltower, a leading global provider of health care infrastructure, for the development and ownership of two Class A medical office buildings totaling 281,148 rentable square feet under development in Charlotte, North Carolina. The properties […]
News Release: Flagship Healthcare Trust Acquires Lexington Kentucky Portfolio
Lexington, KY – January 3, 2019 – Flagship Healthcare Trust, Inc. (“Flagship REIT”) announced that it has acquired the Lexington Clinic Portfolio in Lexington, Kentucky. The 144,247 square foot portfolio consists of five medical office buildings (“MOB”) fully leased by Lexington Clinic on a long-term basis. “As we expand into a new market, the acquisition of the […]
News Release: Caddis® names 25 year veteran Tami Cumings Vice President, Senior Living
Experienced executive will oversee the operations and growth of the award-winning, nationwide Heartis® senior living brand DALLAS, Jan. 3, 2019 – Tami Cumings, who has more than 25 years of experience in the independent living, assisted living and memory care industry, has joined Caddis® as Vice President, Senior Living to oversee the operations and growth […]
News Release: Welltower Agrees To Purchase 55 Medical Buildings From CNL Healthcare Properties
NEWS PROVIDED BY Welltower Inc. Jan 02, 2019, 16:42 ET TOLEDO, Ohio and ORLANDO, Fla., Jan. 2, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) and CNL Healthcare Properties announced today that they have entered into a definitive agreement under which Welltower will acquire a Class A medical office and outpatient facilities portfolio comprised of 55 buildings from CNL Healthcare Properties for $1.25 […]
News Release: NYCEDC Facilitates Over $130M in Bonds for Richmond University Medical Center
January 2, 2019 – New York City Economic Development Corporation (NYCEDC) today announced the Build NYC board approval of $132 million in tax-exempt bonds to help fuel the modernization of Richmond University Medical Center (RUMC). The project, which has received funding from the City, Borough President James Oddo, Council Member Deborah Rose, Council Member Steven Matteo, […]
News Release: Omega Healthcare Investors to Acquire MedEquities Realty Trust
Anticipated annual FFO, AFFO and FAD accretion of approximately $0.05 per Omega share. Operator diversification will increase with 9 new operators. Property type diversification will increase non-skilled nursing assets modestly by $296 million, including $75 million invested in a hospital facility leased to a subsidiary of Baylor, Scott & White Health. Significant synergies expected. Omega […]
News Release: CBRE|Raleigh Announces the Sale of 4220 N Roxboro Street in Durham, NC
Raleigh, NC | December 27, 2018 CBRE|Raleigh is pleased to announce the sale of 4220 N Roxboro Street to CPI Medical Fund One, LLC.Ben Kilgore exclusively represented the sale on behalf of the seller, Matan Companies LLLP. 4220 N Roxboro Street is a 25,408 square foot medical investment property located less than one mile from Duke University Durham Regional Hospital. The […]
Transactions: Hammes Partners closes on sale of 23-MOB portfolio
Buyer is likely Welltower, which announced a similar, pending deal in October BROOKFIELD, Wis. — It looks as if the 2018 medical office building (MOB) sales market is going to close with two big portfolio transactions. Last week, Brookfield-based Hammes Partners completed the sale of a large MOB package that it put on the market in […]
Transactions: Chicago med space has new owner
MBRE Healthcare pays $16.8 million for 93,000 square feet in a unique deal By John B. Mugford In a unique partnership, three companies, including a well-known healthcare real estate (HRE) firm, have co-invested in the purchase of a 40-story, “Class A” building housing three district uses on Chicago’s Near North Side. The building at 150 and 160 E. Huron Street in the […]
Finalists: 2018 HRE Executive of the Year – Mark A. Davis
Mark A. Davis Davis, Minneapolis Considered the “foremost expert” on healthcare real estate in the Upper Midwest, Mr. Davis and his 30-year-old firm, Davis, has developed more than 20 MOBs with a total cost exceeding $250 million. During his career, Mr. Davis has leased, developed and/or acquired more than 7 million square feet of MOB […]
Outpatient Projects: Large MOB planned for Charlotte, N.C.
Pappas to develop 280,000 square foot facility next to Atrium Health campus By John B. Mugford As part of a $250 million mixed-use project slated for a site next to the massive Carolinas Medical Center campus in the midtown area of Charlotte, N.C., local firm Pappas Properties is planning to develop an outpatient medical building of about 280,000 square feet. The […]
News Release: Just Closed: DaVita, 11239 S Western Ave, (Inglewood Adjacent) Los Angeles, CA
The CBRE Los Angeles Retail Investment Properties team of Dan Riley and Austin Wolitarsky represented the greater Los Angeles based estate trustee Buyer in the all cash purchase of a newly developed DaVita, located at 11239 S. Western Ave. in the Inglewood adjacent area of Los Angeles, CA. The Completed Sale Details: Exclusively represented the […]
News Release: Just closed: Hammes Medical Office Portfolio
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Hammes Medical Office Portfolio, offered by Hammes Partners, a Milwaukee-based healthcare real estate private equity firm exclusively focused on healthcare real estate. The transaction is a 23-property, Class A medical office portfolio with 979,000 rentable square feet across 12 major metropolitan markets. […]
News Release: Statement regarding the close of CommonSpirit Health
MEDIA STATEMENT SAN FRANCISCO, CA – Dec. 21, 2018 – Dignity Health and Catholic Health Initiatives are moving the expected closing date for their new combined organization, CommonSpirit Health, from Dec. 31, 2018 to Jan. 31, 2019. Dignity Health released the following statement regarding the new closing date: Catholic Health Initiatives and Dignity Health have […]