News Release: MorningStar Senior Living, Confluent Senior Living Begin Construction on Rio Rancho Community
Project Partners Begin Second Development in Metro Albuquerque RIO RANCHO, NM (January 16, 2018) – Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on a new senior living community in Rio Rancho, New Mexico. The 70,863-square-foot development in the northern suburb of Albuquerque will deliver 77 units for assisted living and memory […]
News Release: Elliott Bay Announces 2017 Activity: 37 Properties Acquired, Three Independent Members Join Board of Directors
NEWS PROVIDED BY Elliott Bay Capital Trust Jan 12, 2018, 11:40 ET SEATTLE, Jan. 12, 2018 /PRNewswire/ — Elliott Bay Capital Trust (“Elliott Bay“), a privately held real estate investment firm that invests in mission-critical healthcare properties leased by leading specialty care providers, hospitals, and health systems, has announced the expansion of its national portfolio of healthcare real estate […]
News Release: Seniors Housing Occupancy Rate Steady at Relatively Weak 88.8% in Fourth Quarter
Assisted Living Occupancy Rate Near Cyclical Low, While Independent Living Occupancy Rate Remains Above 90% FOR IMMEDIATE RELEASE: Thursday, January 11, 2018 Contact: Biba Aidoo, baidoo@nic.org; 410-267-0504 ANNAPOLIS, Md. – The occupancy rate for seniors housing properties averaged 88.8% in the fourth quarter of 2017 unchanged from the prior quarter and down 0.7 percentage point from year-earlier levels. This placed occupancy […]
News Release: Healthcare Real Estate Insights and Revista to publish outpatient development survey
Deadline is Feb. 9, 2018, to contribute data – and get an exclusive sneak preview of the results – for the second independently verified survey of medical real estate projects MINNEAPOLIS, Jan. 10, 2018 – Revista and Healthcare Real Estate Insights (HREI) are launching the second annual survey that is the healthcare real estate (HRE) […]
Outpatient Projects: PMRG and physician partners start work on new 58,000 s.f. MOB adjacent to Baylor Scott & White hospital in Irving, Texas
IRVING, Texas – Local news media reports that Houston-based PMRG, along with several physician partners, recently began construction of a three-story, 58,000 square foot MOB adjacent to the 296-bed Baylor Scott & White Medical Center – Irving hospital. The new Medical Office Building III is roughly 80 percent pre-leased to medical providers, including, HealthTexas Provider […]
Outpatient Projects: State approves $25.3 million, 52,704 s.f. MOB for OSF St. Joseph Medical Center in Bloomington, Ill.
BLOOMINGTON, Ill. — The Illinois Health Facilities and Services Review Board (IHFSRB) voted unanimously yesterday (Jan. 9) to approve an application from OSF St. Joseph Medical Center in Bloomington to develop a $25.3 million, 52,704 square foot on-campus MOB. The hospital, part of Peoria, Ill.-based OSF Healthcare System, plans to fund the project with bonds. […]
News Releases: Trio Combines For $35 Million In Philanthropic Gifts In Support Of Boca Raton Regional Hospital Initiative
JANUARY 9, 2018 BOCA RATON, FL – January 9, 2018 – Boca Raton Regional Hospital (BRRH) is poised on the doorstep of a transformative $260 million capital project and three of its most passionate supporters made historic philanthropic gifts to demonstrate their commitment. Long-time BRRH supporters and donors Stanley and Marilyn Barry, Christine E. Lynn, and […]
News Release: BayCare’s Mease Countryside Hospital Begins $156 Million Expansion
New Patient Tower and Parking Garage with Elevated Walkway Designed to Enhance Access and Efficiency SAFETY HARBOR, Fla., (January 8, 2018) — Mease Countryside Hospital is starting a major expansion and renovation project that will create a more connected hospital campus by adding a new four-story patient tower with all private rooms and four-story parking garage […]
News Release: HSS, Tenet and USPI Announce Agreement to Open Orthopedic Care Facility in West Palm Beach, Florida
DALLAS—Hospital for Special Surgery (HSS), Tenet Healthcare Corporation (“Tenet”) (NYSE:THC) and United Surgical Partners International (USPI), a Tenet subsidiary, today announced that they have entered into a definitive agreement for a joint partnership to create an orthopedic care center in West Palm Beach, Florida. Located in a new building to be constructed in West Palm […]
News release: Jeff Kent to Lead Health Care Institute in Expansion of Local Networking, International Education Offerings
Health Care Institute Appoints Jeff Kent President, Effective Jan. 1 The Health Care Institute has appointed Jeff Kent, Managing Director Facilities, Nemours Foundation, as president of the association, effective immediately. Kent succeeds Mike Wood, CHC, MSM, BS, ARRT, RT, owner of Impact! Consulting, in this role. Kent moves into his new role following Wood’s two-year […]
News Release: Just Closed: Northpoint Medical Arts Building in Dallas,Texas
On behalf of Malouf Interests, the JLL Healthcare Capital Markets Group is pleased to announce the sale of Northpoint Medical Arts, a 118,876 rentable square foot medical office building in Dallas, Texas. The property is strategically located near the intersection of LBJ Freeway and Central Expressway, two of Dallas’ most heavily traveled thoroughfares, and in […]
News Release: Healthcare Trust of America, Inc. Announces Full Year 2017 Investment Activity
Company Release – 01/03/2018 08:30 SCOTTSDALE, Ariz., Jan. 3, 2018 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA), the largest dedicated owner and operator of medical office buildings in the United States, announced today its 2017 investment activities. For the full year, HTA invested $2.73 billion to acquire 6.8 million square feet in medical office buildings […]
News Release: Healthcare Trust of America, Inc. Expands Finance Leadership Team
Company Release – 01/03/2018 08:22 SCOTTSDALE, Ariz., Jan. 3, 2018 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA), the largest dedicated owner and operator of medical office buildings in the United States, announced today the hiring of Caroline Chiodo, CFA, as Senior Vice President of Finance. In this role, Ms. Chiodo will focus on investor relations, […]
News Release: IRET Completes Sale of Medical Office Building Portfolio
Company Release – 1/2/2018 5:40 PM ET MINNEAPOLIS, Jan. 2, 2018 /PRNewswire/ — IRET (NYSE: IRET) substantially completed the sale of its medical office building portfolio on December 29, 2017, closing on 25 properties for an aggregate sale price of approximately $367.7 million. This follows the Company’s announcement on November 30, 2017, that it entered into a purchase and sale […]
News Release: HFF Sold: Overland Park Medical Office Building
Announcing the closing of Overland Park Medical Office Building, Overland Park, Kan. HFF closes the sale of a core MOB on the campus of HCA Midwest Health Menorah Medical Center Closed: December 2017 Size: 38,496 square feet 51% tenancy affiliated with HCA High-acuity tenant services including a best-in-class ASC Situated along premiere commercial retail and […]