News Release: IRA Capital adds three Medical Office Buildings totaling 117,000 SF to its Healthcare Portfolio
Katy Medical Arts Fletcher Medical Center Northwest Cardiology MOB IRVINE, CA., May 2, 2018 – Irvine-based IRA Capital has announced the acquisition of three medical office properties totaling 117,000 square feet. One of the buildings is located in the greater Houston market, and two of the buildings are located in the greater Chicago market. Katy […]
News Release: Announcement – $8,500,000 Medical Office Sale in Carrollton, TX. – Fairfield Advisors
Fairfield Advisors announces sale of 121 Centre Medical Office Building in in Carrollton, TX – $8,500,000 Transaction – (Denver, CO. and Dallas, TX. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the 121 Centre Medical Office Building located at 1601 W. Hebron Parkway in Carrollton, TX. The […]
News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Phoenix
SURPRISE, Ariz. (May 2, 2018) – American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired Surprise Medical Office Building, located in the Phoenix suburb of Surprise, Arizona, for $11.7 million. Built in 2012, the approximately 34,000-square-foot Surprise Medical Office Building is […]
News Release: HCP Appoints Lydia Kennard and Kent Griffin to its Board of Directors
Brian Cartwright Named Chairman Board Adopts Mandatory Retirement Age for Directors IRVINE, Calif., May 2, 2018 /PRNewswire/ — HCP (NYSE: HCP) today announced significant updates to its Board of Directors and related corporate governance enhancements. Appointment of Two New Independent Directors HCP has appointed Lydia Kennard and Kent Griffin as independent directors to its Board, effective […]
News Release: Ryan Companies Announces Leadership Transition
Changes are the result of a multi-year succession-planning process Minneapolis, MN (May 1, 2018) — Ryan Companies US, Inc. announced today that President and Chief Executive Officer Pat Ryan will step aside from his current duties effective June 1st to become chairman of the company’s board of directors. Brian Murray will assume the CEO position. […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $18.98 Million Facility for Rendina Healthcare Real Estate
BMO Harris Bank’s Healthcare Real Estate Finance group announced that it closed an $18.98MM construction loan for the development of a three-story, 61k sq. ft., ambulatory care center in downtown Bristol, CT. The Property is 100% leased to Bristol Hospital Multi-Specialty Group Inc., a subsidiary of Bristol Hospital, Inc. The facility will include a diabetic […]
News Release: Healthcare Trust of America, Inc. Reports First Quarter 2018 Earnings
Normalized FFO of $0.41 Per Diluted Share Same-Property Cash NOI Growth of 2.3%, 3.2% Excluding Forest Park Properties New Development Announced SCOTTSDALE, Ariz., April 30, 2018 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the three months ended March 31, 2018. First Quarter 2018 Highlights Operating Net Income Attributable to Common Stockholders: Decreased (27.6)% to $9.8 […]
News Release: Luxury Women’s Hospital Opens at Medical City Dallas
Medical City Dallas April 26, 2018 DALLAS – Medical City Dallas has opened a new, $125 million Women’s Hospital to serve women with a wide variety of complex healthcare needs, from maternity to gynecology and cancer care. The expansion adds five floors to the top of Care Tower D and features 222 private rooms. The new Medical City Women’s Hospital Dallas includes: […]
Post-Acute & Senior Living: Assisted living community changes hands in Bellingham, Wash.; ESI represented the seller
In more news from ESI, the firm also recently brokered the $7.03 million sale of the 66-unit Rosewood Villa, a 66-unit assisted living community in Bellingham, Wash., about 87 miles north of Seattle.
Hot Property: A strong tenant-anchored MOB
The Hillcroft Medical Clinic in Sugar Land, Texas, continues to increase its revenues Name: Hillcroft Medical Clinic Address: 1429 Highway 6 City: Sugar Land, Texas Square feet: 40,531 Stories: three Anchor tenant: Hillcroft Medical Brokerage: BGL Real Estate Partners Brokers: Christopher L. Stai, Clinton J. Parker, Andrew R. Larwood, Allen C. Inman Not all medical […]
Inpatient Projects: Kansas City health system opens first of its six planned micro hospitals in metro
Kansas City, Mo.-based St. Luke’s Health System recently opened the first of seven planned micro hospitals in Greater Kansas City. The 17,000 square feet Leawood, Community Hospital is at 13200
Outpatient Projects: USPI develops MOB in Southlake, Texas; Adolfson & Peterson handles construction
Minneapolis-based Adolfson & Peterson Construction (AP) recently completed the construction of a new MOB for United Surgical
Inpatient Projects: Construction concludes on $73 million tower at Mercy system hospital in Crystal City, Mo.
When Chesterfield, Mo.-based Mercy Health acquired Jefferson Regional Medical Center in Crystal City, near St. Louis, the system vowed to spend up to $300 million in making upgrades. In recent
Transactions: Healthcare Trust Inc., formerly ARC HT II, makes its first 2018 acquisition; AY was the broker
New York-based Healthcare Trust Inc., a non-traded real estate investment trust (REIT), recently made its first acquisition of 2018, acquiring the Texas Children’s Hospital MOB in Houston. The
Post-Acute & Senior Living: Encompass Health to build its eighth inpatient rehab hospital in Greater Houston
In more news from Encompass Heath Corp., the company has announced plans for its eighth inpatient rehabilitation hospital in Greater Houston. A $25 million, 40-bed facility is planned for a 90