News Release: PR: FLAGSHIP HEALTHCARE PROPERTIES SELLS VIRGINIA MEDICAL OFFICE BUILDING
FLAGSHIP HEALTHCARE PROPERTIES SELLS VIRGINIA MEDICAL OFFICE BUILDING Owners Flagship Healthcare Properties (“Flagship”), together with Drake Real Estate Partners (“Drake”), have sold Lee’s Hill Medical Plaza, a class “A” medical office building and free-standing emergency department located at 10401 Spotsylvania Avenue in Fredericksburg, Virginia. The ±72,255 square foot medical office building (“MOB”) is anchored by […]
News Release: CIT closes on CommuniCare credit facility
CIT Healthcare Closes on $136.9 Million Credit Facility for CommuniCare Proceeds provide working capital, finance acquisition of 10 skilled nursing facilities CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending and leasing services, today announced that its Healthcare Finance business has closed a $136.9 million senior secured credit facility for CommuniCare Health Services […]
News Release: Avison Young Arranges Sale of Medical Office Building in Virginia
72,255-SF Class A building is anchored by the Mary Washington Healthcare System in Fredericksburg Avison Young announced today that it has arranged the sale of a 72,255-square-foot, Class A medical office building in Fredericksburg, Va. Lee’s Hill Medical Plaza, anchored by the Mary Washington Healthcare System & Radiologic Associates of Fredericksburg, has been purchased from the […]
News Release: Hoefer Wysocki Completes Iconic Design of The Olathe Health Physicians Inc. Hedge Lane Clinic
Reusable prototype opens doors for clinic expansion in additional communities Interdisciplinary architecture and design firm Hoefer Wysocki announced today the completion of the Olathe Health Physicians Inc., Hedge Lane Clinic, located at 2090 W. Dartmouth St. in Olathe, Kan. The 9,400 sq.-ft., $2.2 million design-build project was a joint effort between Hoefer Wysocki, Meyer Brothers […]
News Release: Carter Validus Mission Critical REIT II, Inc. Completes $398 Million in Healthcare and Data Center Acquisitions in First Half of 2017
Press Release July 17, 2017 TAMPA, Fla.–Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling a portfolio of high-quality data center and healthcare real estate, acquired assets during the first half of 2017 for approximately $398 million in aggregate contract purchase price, excluding […]
News Release: Raymond James is Pleased to Announce
Raymond James served as Sole Manager on $350.3M of 2017C Bonds and as Placement Agent on $56.8M of 2017A&B Bonds for Trinity Health (ND) $350,330,000 County of Ward, North Dakota Health Care Facilities Revenue Bonds, Series 2017C Sole Manager and $56,875,000 County of Ward, North Dakota Hospital Facility Revenue Refunding Bonds & Revenue Bonds, Series 2017A&B Placement […]
News Release: Just Closed :: Hock Plaza
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of Hock Plaza in Durham, North Carolina. Sale Date: December 21, 2017 Property Size: 327,160 SF Occupancy: 99% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of Hock Plaza (the “Property”). Lee Asher and Chris Bodnar of […]
News Release: Tennova Healthcare to Reconfigure Knoxville Operations
KNOXVILLE, Tenn. (Jan. 23, 2018) – Tennova Healthcare today announced a new strategic plan to enhance care and the experience of patients and physicians at its Knoxville area hospitals. Under the plan, Tennova will reconfigure the inpatient services offered at North Knoxville Medical Center, Physicians Regional Medical Center and Turkey Creek Medical Center and develop […]
News Release: Cornerstone teams up with Eye Surgeons of Indiana to develop innovative new facility
Cornerstone looks forward to the completion of a joint development project with Eye Surgeons of Indiana—a brand-new medical office building at 92nd and Meridian in Indianapolis. This new $18-million-dollar, 50,000-square-foot facility will include a surgery center on the first floor, as well as ophthalmology and optometry offices. Eye Surgeons of Indiana will occupy roughly 70 […]
News Release: Tennova Healthcare to Reconfigure Knoxville Operations
KNOXVILLE, Tenn. (Jan. 23, 2018) – Tennova Healthcare today announced a new strategic plan to enhance care and the experience of patients and physicians at its Knoxville area hospitals. Under the plan, Tennova will reconfigure the inpatient services offered at North Knoxville Medical Center, Physicians Regional Medical Center and Turkey Creek Medical Center and develop […]
News Release: Ridgeline sells medical office building in Flower Mound
FOR IMMEDIATE RELEASE FLOWER MOUND, Texas – (January 22, 2018) – Ridgeline, a privately-held commercial real estate investment company, has sold Prairie View Medical Plaza, a 43,119-square-foot medical office building located in the heart of Flower Mound, Texas. “When we purchased this property, we believed that the property’s location and surrounding demographics would only continue […]
Thought Leaders: Vital Signs: Strong real estate fundamentals unfazed by regulatory challenges
The last six months have brought dramatic changes to both healthcare regulations and policy-making, all of which portend significant challenges for healthcare providers and their real estate partners in the coming months. After numerous attempts to repeal the Affordable Care Act outright, Congress failed to bring its final attempt to a vote in September, closing out the opportunity to execute […]
News Release: Announcement – $10,625,000 Medical Office Sale in Sebastian FL – Fairfield Advisors
Fairfield Advisors announces sale of Indian River Medical Center in Sebastian, FL. – $10,625,000 Transaction – January 22, 2018 – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Indian River Medical Center located at 801 Wellness Way in Sebastian, FL. The medical […]
News Release: Investors Real Estate Trust Press Release: IRET Completes Sale of Two Additional Medical Office Buildings
IRET Completes Sale of Two Additional Medical Office Buildings MINNEAPOLIS, Jan. 22, 2018 /PRNewswire/ — IRET (NYSE: IRET) completed the sale of two additional medical office buildings on January 19, 2018, for an aggregate sale price of approximately $30.5 million. This follows the Company’s announcement on January 2, 2018, that it sold 25 medical office buildings for an aggregate sale price of approximately $367.7 million. With […]
News Release: SMH Moves Forward with Plans for ‘Destination’ Cancer Program
Tuesday, January 16, 2018 SARASOTA, Fla. (Jan. 16, 2018) – Sarasota Memorial Health Care System is moving ahead with plans to develop a comprehensive cancer program with premier facilities that will offer services across the entire continuum of cancer care — from prevention, screening, diagnosis and treatment, to follow-up care, survivorship and support. The Sarasota County […]