News Release: NexCore Group’s new WCF Women’s Health Center opens in Tampa
National healthcare real estate firm completes construction of the 63,829 square foot women’s specialty health center for Women’s Care Florida physician group TAMPA, Fla., and DENVER, Nov. 1, 2017 – NexCore Group, a national healthcare real estate (HRE) developer, today announced the opening of Women’s Care Florida (WCF) Women’s Health Center, a three-story, 63,829 square […]
News Release: Montecito Medical Acquires Middle Tennessee Asset
NASHVILLE, TENN., November 1st, 2017 — Montecito Medical Real Estate, one of the largest, privately held firms in the country devoted exclusively to medical real estate, has acquired the 16,500 square-foot Saint Thomas – Mt. Juliet medical office building in rapidly growing Mt. Juliet, Tennessee, approximately 18 miles east of downtown Nashville. This Class A medical […]
News Release: CBL Properties names Robert Snetman Vice President – Mixed Use
CHATTANOOGA, Tenn. (October 31, 2017) – CBL Properties (NYSE:CBL) announced that Robert Snetman will be leading a new initiative for CBL and taking on the newly created role of Vice President – Mixed Use. In this new role, Snetman’s initial focus will be adding medical and other types of office uses across the portfolio. “Reinventing […]
News Release: MOB Financing – Closed
MRXE, led by Michael Bennett partnered with Jim McMahon and Erik Tellefson for senior and mezz financing on The Parkway MOB, a 130,000 SF class A medical office building. Total proceeds exceeded $30,000,000. MRXE Capital Markets sources debt, mezz, preferred equity, structures joint-ventures, and handles investment sales in the medical real estate sector. MRXE Capital Markets […]
Thought Leaders: Capital Markets Insights from H2C
H2C Special Report 3Q17 Capital Markets Insights from Hammond Hanlon Camp LLC October 31, 2017 — Interest rates remain highly favorable for borrowers but have increased over the past year. How do taxable and tax-exempt rates compare today as a result of the recent headlines surrounding corporate tax reform? Are taxable debt offerings increasing in popularity among non-profit healthcare entities? […]
News Release: Monroe County, Pa.’s Newest Cancer Center Opens
St. Luke’s Medical Office Building features award-winning cancer care, as well as specialty services. St. Luke’s new, $22 million Cancer Center and Medical Office Building expands the breadth of offerings at St. Luke’s Monroe Campus to include medical, surgical and gynecologic oncology, radiation therapy, infusion (chemotherapy), imaging, orthopedics and a sleep lab. The three-floor, 37,500-square-foot building […]
News Release: Velocis taps Transwestern for leasing and property management at Legacy Oaks Medical Plaza
(OCT. 27, 2017 – San Antonio) – Transwestern’s San Antonio office today announces it has been retained by Velocis to provide leasing and property management services for Legacy Oaks Medical Plaza. Transwestern Senior Vice President Ken Adams and Senior Associate ‘Licia Shreves are the leasing agents for the 224,262-square-foot complex at 5360 – 5430 Fredericksburg […]
News Release: Ventas Reports 2017 Third Quarter Results
Earnings Growth and Enhanced Financial Strength Property Level Growth Across All Segments; Updated and Improved 2017 Guidance Over $600 Million of Strategic Dispositions with Gains Exceeding $500 Million Expansion of Attractive University-Based Life Science Business October 27, 2017 06:56 AM Eastern Daylight Time “Net Operating Income (NOI) and Same-Store Cash NOI by Segment” CHICAGO–(BUSINESS WIRE)–Ventas, […]
News Release: Welbrook Senior Living starts construction of their second Transitional Rehabilitation Facility in New Mexico
FOR IMMEDIATE RELEASE: EL SEGUNDO, CALIFORNIA, October 26, 2016– Welbrook Senior Living has started construction of their second New Mexico Transitional Rehabilitation facility. This new facility will be located in Farmington and complement their soon to be completed facility in Las Cruces. Welbrook has partnered with Embree Asset Group, a full service development company based in Georgetown, Texas […]
News Release: Two NexCore healthcare projects named 2017 HREI Insights Awards™ Finalists
FOR IMMEDIATE RELEASE Media Contact: Tracy Hindman, NexCore Group • 303.293.0673 • Tracy.Hindman@NexCoreGroup.com Healthcare Real Estate Insights™ magazine’s annual, national awards program honors medical facilities the company developed in Tampa, Fla., and Marysville, Ohio Two NexCore Group development projects, Women’s Care Florida Women’s Health Center (top) and Walnut Crossing Assisted Living & Memory Care (bottom), have been named […]
News Release: New hospital, Project Baseline highlighted at State of Stanford Medicine
The annual town hall meeting brought hundreds of faculty and staff together at the Li Ka Shing Center for Learning and Knowledge to hear from the leaders of the two hospitals and medical school, as well as ask them questions. OCT 25 2017 The importance of a diverse community and the politics of health care were […]
TRANSACTIONS: Anchor Health Properties adds to San Diego portfolio with two acquisitions
SAN DIEGO – Wilmington, Del.-based Anchor Health Properties is continuing its growth mode, as the company that once focused most of its efforts on healthcare developments has emerged as a significant player in the MOB acquisitions arena.
TRANSACTIONS: DOC to acquire more Minnesota MOBs
Physicians Realty Trust agrees to buy additional facilities from developer Davis By John Mugford When Milwaukee-based Physicians Realty Trust (NYSE: DOC) acquired a portfolio of eight medical office buildings (MOBs) from The Davis Group in early 2015, officials with both firms said the transaction was likely the start of a new, ongoing relationship. That relationship is continuing this fall with a recent […]
TRANSACTIONS: Bentall Kennedy LP acquires 101,142 square foot MOB in Portland for $49.6M
PORTLAND, Ore. – When the sale of the 100 percent leased Oregon Clinic Gateway MOB in Portland was announced Aug. 18, the buyer and , the sale price were not disclosed.
INPATIENT PROJECTS: UM UCH submits regulatory applications for three projects to cost about $160 million
BEL AIR, Md. – The University of Maryland Upper Chesapeake Health (UM UCH) recently submitted regulatory applications for three projects it’s planning to develop in Northern Maryland for an estimated cost of $160 million.