News Release: Penn State Health announces plans to build hospital in Cumberland County
New facility would ensure health care access and choice for residents of Cumberland and Perry counties June 26, 2018 Penn State Health News Residents of one of the state’s fastest growing areas will soon have improved health care access and choice close to home when Penn State Health opens a new acute care hospital on […]
Transactions: Business as usual for Harrison Street
After selling 75% of firm, company resumes it acquisitive ways By John B. Mugford CHICAGO — According to healthcare real estate (HRE) industry sources, it will be business as usual for Harrison Street Real Estate LLC following its recent sale of a 75 percent stake in the company for $450 million to Toronto-based Colliers International Group LLC. […]
News Release: 60-acre wellness village being planned for Texas
Partnership Bringing Healthcare to the Community of Mesquite Dallas, TX (June 26, 2018) – A new sixty (60) acre master-planned wellness campus, known as The Verde Center at Peachtree, has received a formal green light from the Mesquite City Council to proceed. The Verde Center at Peachtree is a proposed mixed-use medical campus that will […]
News Release: Birmingham-Based Healthcare Real Estate Company Announces Grand Opening of Iowa’s First Rehabilitation Hospital
FOR IMMEDIATE RELEASE For more information, contact: June 21, 2018 Krista Conlin, 205-937-3777 The Sanders Trust announces grand opening of Des Moines, Iowa development Mercy Rehabilitation Hospital is Iowa’s First free-standing Rehabilitation Hospital Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, is pleased to announce the grand opening […]
News Release: Children’s Healthcare of Atlanta Files Certificate of Need Application for North Druid Hills Hospital
ATLANTA (June 25, 2018) – Egleston Children’s Hospital, a subsidiary of Children’s Healthcare of Atlanta, today filed a Certificate of Need (CON) application for additional beds for its planned hospital at North Druid Hills Road in Brookhaven. The application relates to additional beds and expanded services that, when combined with its recently approved relocation Letter […]
Companies & People: Five questions with Debra Lemons
LEED certification isn’t always necessary, but it still pays to go green By John B. Mugford Is LEED (Leadership in Energy and Environmental Design) certification necessary when developing a new medical office building (MOB) or other healthcare real estate (HRE) facility? Is it worth the extra time, effort and expense? And should LEED certification affect […]
News Release: Saxum Real Estate Acquires Downtown Madison MOB
MADISON, N.J., June 22, 2018 – Saxum Real Estate, a privately-held real estate investment and development firm has added to its growing portfolio with the acquisition of 345 Main St, Madison, NJ. Saxum acquired the property in partnership with two leading physician groups, which will leaseback all remaining vacancy in the building under long-term leases. […]
News Release: $21.5 Million Medical Office Building Opens
Providing New Medical Services to the Region Elected officials, community leaders, and healthcare professionals formally dedicated the new Browns Mills Medical Office Building on the campus of Deborah Heart and Lung Center, in the Browns Mills section of Pemberton Township. The new 60,000 square foot, 3-story, $21.5 million medical building is owned and operated by Landmark Healthcare Facilities, LLC of Milwaukee, and is […]
News Release: Leading National Healthcare Real Estate Company Announces Grand Opening of Iowa’s First Rehabilitation Hospital
Leading National Healthcare Real Estate Company Announces Grand Opening of Iowa’s First Rehabilitation Hospital Mercy Rehabilitation Hospital is Iowa’s First free-standing Rehabilitation Hospital The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, is pleased to announce the grand opening of Iowa’s first and only freestanding rehabilitation hospital, Mercy Rehabilitation Hospital in […]
News Release: Flagship Healthcare Properties Acquires Medical Campus in Georgia
Flagship Healthcare Properties Grows Portfolio with Acquisition in Georgia Flagship Healthcare Properties has made a new acquisition in the state of Georgia, acquiring for its private REIT portfolio the RiverStone Medical Campus (“RiverStone”) in Blue Ridge, 90 miles north of Atlanta. The Class A, ±75,000 square foot medical office building is located at 101 RiverStone […]
News Release: Announcement – $20,700,000 Medical Office Sale / Fairfield Advisors
Fairfield Advisors announces sale of Tuscano Medical Office and Horizon Surgery Center in Henderson, NV. – $20,700,000 Transaction – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Tuscano Medical Office Building and Horizon Surgery Center located at 10561 Jeffreys Street in Henderson, NV. The medical building totals […]
News Release: Deal: Capital One Closes $65 Million Loan to Holiday Retirement to Recapitalize Two Senior Housing Facilities
Capital One Closes $65 Million Loan to Holiday Retirement to Recapitalize Two Senior Housing Facilities Capital One announced today that it provided a $65 million adjustable-rate loan to Holiday Retirement to recapitalize two senior housing facilities that it owns and operates. Located in Cincinnati, Ohio, and Austin, Texas, the properties comprise 412 units, of which 379 are […]
News Release: CIT loan to MOB
CIT Closes on $26.6 Million Loan for Rockville, Md., Medical Buildings CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business, part of CIT’s Commercial Finance division, has closed on a $26.6 million loan to finance the purchase of two adjoining medical office buildings in Rockville, Md. The properties, known as the Shady […]
News Release: Just Closed: Mission Health Asheville Portfolio | 86,450 RSF
Just closed: Mission Health Asheville Portfolio The JLL Healthcare Capital Markets Group is pleased to announce the sale of the Mission Health Asheville Portfolio, containing three medical office buildings totaling 86,450 rentable square feet in Asheville, North Carolina. The properties are under 10-year single-tenant leases to Aa3-rated Mission Health, the dominant healthcare provider in western North Carolina. […]
News Release: HFF announces capital raise for The Vineyards at Brookfield in Long Island
Holliday Fenoglio Fowler, L.P. (HFF) announces the capital raise for The Vineyards of Brookfield, a to-be-built, 146-home, age-restricted (55+) townhome community with a total project cost of $58 million in the Long Island community of Center Moriches, New York. The HFF team worked on behalf of the developer, Ornstein Leyton Company (OLC), to secure an […]