News Release: Allegheny Health Network Breaks Ground on McCandless Neighborhood Hospital
AHN, Highmark Health and Emerus broke ground on the new Neighborhood Hospital they are building in McCandless. AHN McCandless will provide more convenient access to high-quality emergency care and other important health services. Officials from Allegheny Health Network (AHN), Highmark Health and Emerus today held a ceremonial groundbreaking for the new Neighborhood Hospital the organizations are building at the corner of […]
News Release: Allegheny Health Network Breaks Ground on McCandless Neighborhood Hospital
Thursday, September 27, 2018 McCANDLESS, Pa.– Officials from Allegheny Health Network (AHN), Highmark Health and Emerus today held a ceremonial groundbreaking for the new Neighborhood Hospital the organizations are building at the corner of McKnight Road and Duncan Avenue in the McCandless Crossing Shopping Center. AHN President and CEO Cynthia Hundorfean said the planned hospital will further […]
News Release: Scale offerings for medical office have arrived
Healthcare Capital Markets Perspective – September 2018 JLL confirms that scale promotes institutional investment The growing size of medical office buildings and the related need for healthcare providers to utilize third-party capital is increasing opportunities for institutional investment in the sector. For the first time, a medical building sold for […]
News Release: HFF announces sale of suburban New York and Philadelphia medical office buildings totaling $34.4M
HFF announces sale of suburban New York and Philadelphia medical office buildings totaling $34.4M on behalf of a global investment advisor Sept. 26, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $34.4 million sale of two hospital and surgery center-anchored medical office buildings (MOBs) in New York and Philadelphia totaling 107,536 square feet on […]
News Release: Denver-Based Healthcare Developer Closes Land Acquisition for New Medical Office Development
National Healthcare Realty, Inc. is pleased to announce the closing of a 4.85-acre parcel of land in the master planned community of RidgeGate, in Lone Tree, Colorado, adjacent to Sky Ridge Medical Center. In conjunction with Northstar Commercial Partners, National Healthcare Development, Inc. will begin the construction of an 80,000 square foot class A medical […]
News Release: Alex Stacy joins Catalyst Healthcare Real Estate as Chief Acquisition Officer
To further support its growth, Catalyst Healthcare Real Estate has added Alex Stacy as Chief Acquisition Officer. This new hire is part of a strategic leadership move to support the firm’s plans to continue to grow within the space of healthcare real estate. Catalyst successfully performed on their largest acquisition to-date in July of 2018 […]
News Release: Dignity Health California Hospital Medical Center to Construct Patient Care Tower as Centerpiece of Campus Expansion
New Tower Will Allow Hospital to Continue its Mission of Service to All While Enhancing Capacity and Accessibility for Emergency, Trauma and Maternity Services September 24, 2018 11:25 AM Eastern Daylight Time LOS ANGELES–(BUSINESS WIRE)–Dignity Health California Hospital Medical Center (CHMC) announced today plans to construct a new patient care tower that will serve as the […]
News Release: Global Healthcare Services Recent Transaction – Fischer Laser Eye Center, Willmar, MN
Newmark Knight Frank Global Healthcare Services RECENTLY SOLD: Fischer Laser Eye Center Willmar, MN Total SF: 31,775 SF Medical Office Building Selling Price: $11,500,000 Sale Date: 9/14/2018 Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com Dana Hamric Managing Director Global Healthcare Services 404.806.2513 dhamric@ngkf.com Jonathan Kesler Associate Global Healthcare Services 404.806.2730 jkesler@ngkf.com […]
News Release: Montecito Medical Acquires Central Minnesota Medical Office Building
Nashville, Tenn.–(BUSINESS WIRE)–Montecito Medical, a premier owner of medical office properties throughout the United States, has completed the acquisition of a Class A medical office building in Willmar, Minnesota, that houses one of the region’s leading specialty providers. “On behalf of the building owners, I would like to commend the staff of both Montecito Medical […]
News Release: ESJ Capital Partners Sells $18 Million Tampa Medical Office
University Park Business Center Miami – ESJ Capital Partners, LLC (“ESJ”), a full service investment management firm based in Aventura, announces the $18 million sale of University Park Business Center, a 99,154-square-foot office campus on 12.5 acres located at 4001 East Fowler Avenue in Tampa, Florida, directly across from University of South Florida (USF). The […]
News Release: National Real Estate Leader Closes on Norwood Medical Center at 825 Washington St. in Norwood, Massachusetts for $23.5 Million
Thor Equities today announced it has closed on the acquisition of Norwood Medical Center, its first property in the Greater Boston area, for $23.5 million Located at 825 Washington St. in Norwood, Massachusetts, the three-story, 92,000-square-foot medical office building is currently 95 percent occupied. Tenants include Steward Health Care, the largest private hospital operator in the United […]
News Release: New Medical Office Building Coming to Council Bluffs
Looking to enhance health care options for Council Bluffs and western Iowa families, Methodist Jennie Edmundson Hospital broke ground on a 60,000-square-foot medical office building on Thursday, Sept. 20. Hospital, Methodist Health System and Methodist Physicians Clinic representatives, along with Council Bluffs Mayor Matt Walsh, were present. Steve Baumert, president and CEO of Methodist Jennie […]
News Release: Henry Ford Moving into New Royal Oak City Center
Royal Oak– Already home to a robust business community, downtown Royal Oak will be getting another boost with today’s announcement that the Henry Ford Health System will occupy the entirety of the new Royal Oak City Center when it is complete. Just months after breaking ground on the development, the Boji Group began working with Henry […]
News Release: Anchor Health Properties Expands Philadelphia Area Presence With Two Building Portfolio Acquisition
(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 closed on the acquisition of two strategic outpatient medical office buildings in suburban Philadelphia. With well over one million square feet of medical office space managed and/or under development in the […]
News Release: Medical Office Debt Placement – $96M Non-Recourse Financing
MEDICAL OFFICE DEBT PLACEMENT $96,000,000 Non-Recourse Financing of a Core Medical Office Portfolio Lender: Commercial Bank Loan Amount: $96,000,000 Fixed Rate: 1.15% over 10-year Treasury Loan Term: Ten Year Amortization: Full Term Interest Only Guarantee: Non-Recourse CBRE U.S. Healthcare Capital Markets and Debt & Structured Finance secured a $96,000,000 permanent loan to finance a 490,000 […]