Companies & People: H2C hires 25-year investment banking veteran Daniel J. Mackell as managing director
New York-based Hammond Hanlon Camp LLC (H2C) recently hired Daniel J. Mackell as managing director. The former CEO of Cottage Capital LLC has more than 25 years of investment banking experience and, according to H2C, has “broad and deep experience,
Winner: HRE Executive of the Year: John T. Thomas is top exec for 2017
He’s led DOC REIT in building its portfolio to $4 billion since its founding in 2013 By John B. Mugford The launching of Milwaukee-based Physicians Realty Trust (NYSE: DOC) took place rather quietly back in 2013, as the real estate investment trust (REIT) commenced with an initial portfolio of 19 medical office buildings (MOBs) valued […]
Winner: Best Inpatient Facility: High tech Kaiser hospital beats plan
Despite size and sophistication, new San Diego facility opens under budget, ahead of schedule Ever since Oakland, Calif.-based Kaiser Permanente opened its first hospital in Greater San Diego in 1975, the healthcare system has relied on creative ways to grow its membership in the market.
Transactions: Dallas-based Ridgeline Capital acquires 42,000 square foot MOB in San Antonio
In more news from San Antonio, Dallas-based Ridgeline Capital Partners and an undisclosed equity partner recently acquired a 42,000 square foot MOB next to the campus of 371-bed Northeast Baptist Hospital. Connally Oaks Medical Center, 2130 N.E. Loop 410, is 95
Inpatient Projects: Adventist Health acquires 103 acres in Lakeland, Fla., for a possible hospital campus
Altamonte Springs, Fla.-based Adventist Health System in recent months acquired 103 acres near Florida Polytechnic University in Lakeland, about 30 miles east of Tampa. According to the Tampa Business Journal, the health system, which has 45 hospital
Winner: Lifetime Achievement Award: They were ‘retailization’ pioneers
Paula Crowley and Lou Sachs have used the idea since the ‘80s By John B. Mugford In a company profile of Anchor Health Properties, Co-Founders Paula Crowley and Lou Sachs told Healthcare Real Estate Insights™ that a retail-oriented strategy creates healthcare facilities that offer patients a better experience with a creative mix of services and […]
Companies & People: Christine Gorham hired to lead Caddis’ strategy to grow platform in the Southeast
In more news from Dallas-based Caddis, the firm recently hired Christine Gorham to serve as director – Southeast Region. In her new role, Ms. Gorham focuses on growing the company’s
Industry Pulse: Merger Mania Strikes As Year Comes To A Close
Three planned healthcare mergers that could have a big impact on real estate are in the works It’s been merger mania recently as three blockbuster healthcare industry deals were announced in late 2017 – all with enormous potential implications for healthcare real estate: ■ Dignity Health and CHI. Offering services at more than 700 […]
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 […]