News Release: Mayo Clinic doubling the size of its Phoenix campus to meet patient demand
To meet the increasing demand to treat patients with complex health conditions in the growing Southwest, Mayo Clinic announces a $648 million expansion that will nearly double the size of its Phoenix campus over five years. The Arizona Forward Project will add 1.4 million square feet of building space (to the existing 1.7 million) with […]
News Release: Montecito Acquires Flagship Ophthalmology Medical Office Building in Arizona
Nashville, Tenn.–(Business wire)–Montecito Medical Real Estate, the nation’s top privately held buyer of medical office properties throughout the U.S., has acquired the primary office building of one of Arizona’s leading ophthalmology practices. “This exceptional property represents the 11thmedical office building our company has acquired in 2018 and perfectly complements our strategy and growth projections.” Tweet this […]
Thought Leaders: Just Released – Q2′ 18 Healthcare Capital Markets Update
NKF Global Healthcare Services Q2 ’18 Healthcare Capital Markets Quarterly transaction volume was down in Q2 ’18 nearly 41% over Q2 ’17 volume at $3.14 billion. May saw the greatest transaction volume in terms of dollars with $1.5 billion in sales. With the Fed continuing to increase rates, Q2 ’18 saw investors become more selective […]
News Release: Work Starts on $24 Million Medical Office Building
OSF HealthCare breaks ground in Bloomington As part of its ongoing investment in central Illinois, OSF HealthCare broke ground Wednesday on its new Medical Office Building in Bloomington. The new building will be located on the OSF HealthCare St. Joseph Medical Center campus at 210 St. Joseph Drive. The $24 million, 53,000 square foot, three-story building will be home to […]
News Release: NCDOT Launches “First Flight” Under Drone Pilot Program in partnership with Matternet and WakeMed
August 29, 2018 RALEIGH, N.C. – Drone-based medical deliveries are here.Today, the N.C. Department of Transportation’s Division of Aviation has teamed up with WakeMed Health & Hospitals and Matternet to conduct the first round of test flights for drones to carry simulated medical packages from Raleigh Medical Park, located across from WakeMed Raleigh Campus on Sunnybrook […]
News Release: Best healthcare projects of 2018: Emory University Hospital Tower & McCarthy
McCarthy Building Companies Wins 2018 ENR Regional Award for Best Project Atlanta(August 28, 2018) – McCarthy Building Companies Inc. is proud to announce that the Emory University Hospital Tower expansion has won Engineering News-Record (ENR) Southeast’s 2018 Best Projects in the healthcare category. The project was selected based on ENR Southeast’s criteria for overcoming challenges […]
News Release: Boynton West Professional Centre sells for $170PSF
Avison Young completes sale of Boynton West Professional Centre for $5.5M or $170-per-square-foot in Boynton Beach, Florida Value-add, 32,593 SF medical & professional office park trades to niche investor Boynton Beach, Fla. — Avison Young completed the $5.5 million sale of Boynton West Professional Centre, a set of twin buildings totaling 32,593 square feet at 1700 […]
News Release: Steve Barry Appointed President of Rendina Healthcare Real Estate
FOR IMMEDIATE RELEASE JUPITER, Fla., Aug. 29, 2018 – Rendina Healthcare Real Estate is pleased to announce that Steve Barry has been appointed President. During his 14 years with Rendina, Steve has worked in nearly all areas of healthcare real estate, including development, leasing, and property management – and was previously the Executive Vice President […]
News Release: News from HRE Capital…
AW Property Co – $9,572,000 – Debt Raise for the Acquisition of a 57,815-Square Foot Medical Office Building Located in Hollywood Florida The undersigned served as Financial Advisor: Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the exclusive financial advisor to AW Property Co. (“AW”) related to securing debt financing for the acquisition […]
News Release: Ankura Completes Acquisition of Navigant’s Healthcare Real Estate & Facilities Practice
Establishes a Unique Global Business Advisory Firm Providing Customized Expertise Across Issues, Industries, and Disciplines WASHINGTON D.C. – August 27, 2018 – Ankura, a leading business advisory and expert services firm that leverages integrated risk management, governance, compliance, investigations, forensics, technology, turnaround and restructuring, and management consulting capabilities, today announced the completion of its acquisition […]
News Release: City of Hope | South Bay opens today in the new $80 million Providence Advanced Care Center in Torrance
August 27, 2018 One of the nation’s premier cancer centers now offers multidisciplinary cancer care in the region TORRANCE, Calif. — City of Hope | South Bay officially opens its doors today in Torrance, bringing top-ranked cancer care to the region. For the first time, South Bay residents will have access to both the facility’s leading-edge, […]
News Release: With Strong Second Quarter, Capital One Again Heads List of Lead Arrangers for Number of Leveraged Loans Closed in Healthcare Industry
FOR IMMEDIATE RELEASE Bethesda, Md. (August 27, 2018) – Capital One Healthcare’s Corporate Finance group resumed its position as the No. 1 lead arranger of healthcare leveraged loans by deal count in every category up to $1 billion, according to league tables produced with data from Thomson Reuters LPC. The corporate finance team closed 49 […]
News Release: La Porte (Ind.) Hospital Breaks Ground for New Hospital
La Porte, Ind. – La Porte Hospital and community officials turned over the first shovels of dirt where the new La Porte Hospital will be built over the next two years, during a community celebration with about 300 people in attendance. The momentous occasion marks the beginning of the first hospital to be built in […]
News Release: Doors Officially Open at Sutter Health’s CPMC Mission Bernal Campus
Teams will care for the community inside this hospital that features latest technologies, advanced seismic safety and world-class healthcare SAN FRANCISCO—The not-for-profit Sutter Health network will officially open the doors to its California Pacific Medical Center (CPMC) Mission Bernal campus hospital Saturday, Aug. 25. This neighborhood-based medical center for all San Franciscans is located at […]
Transactions: Harrison Street lands Chicago deal
On the heels of Colliers deal, private investor pays $240 million for eight MOBs By John B. Mugford It looks as if it’s business as usual for private equity investor Harrison Street Real Estate Capital – just as industry sources had predicted – in the aftermath of the Chicago-based firm’s sale of a 75 percent […]