News Release: Julie Johnson and Mark Johnson named health care practice group co-leaders at Avison Young
Phoenix/Chicago – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that Avison Young Principal Julie Johnson, based in Phoenix, and Mark Johnson, an Executive Vice-President in the firm’s suburban Chicago office, have been named co-leaders of the company’s health care practice group in the U.S. The newly created positions are designed […]
News Release: Cornerstone Hires John White as Vice President to Lead New Minnesota Office
INDIANAPOLIS — Cornerstone Companies, the leading integrated healthcare real estate company, today announced the hire of successful entrepreneur John White as Vice President to open an office in Minneapolis, Minnesota. Cornerstone currently manages over 4 million square feet of medical building space across the country from offices in Kentucky, Ohio, Michigan and Indiana. The expansion […]
News Release: Raymond James serves as Financial Advisor to Rochester Regional Health (NY) on its $151.945M Tax-Exempt Revenue Bonds
After receiving strong support from the investor community, the System was able to lock-in a spread of 73 basis points to the 30-year MMD rate resulting in a final yield of 3.76% to a coupon of 5.00%. For additional information please click here to view the case study. About Raymond James Healthcare Finance The Healthcare Finance Group of […]
News Release: Revista Releases first ever Medical Real Estate Metro Rankings Report
August 22, 2017 Mike Hargrave Revista has posted the Mid -2017 Top 50 Metro Rankings Report for Medical Real Estate to its subscriber portal. Revista partners and Revista full national access subscribers Revista can access through “my Revista” page located at http://www.revistamed.com/user/myaccount. The Revista Top 50 Metro Areas Rankings Report provides CBSA level rankings for key […]
News Release: Capital One Closes $28.4 Million Loan to Refinance Florida Medical Office Building
FOR IMMEDIATE RELEASE Bethesda, Md. (August 24, 2017) – Capital One announced today that it provided a $28.4 million loan to refinance construction debt on a 122,000 square-foot, off-campus medical office building in Brandon, Fla. This is the 12th transaction that Capital One has closed with the borrower, Landmark Healthcare. Based in Milwaukee, Landmark is one […]
News Release: Aging U.S. Population Boosting Demand for Medical Office Buildings, According to CBRE Report
Los Angeles | August 22, 2017 The aging U.S. population, pressure for healthcare providers to cut costs and new technologies have boosted demand for medical office properties in recent years, according to a new report from CBRE. The U.S. Census Bureau estimates that the 65+ population will nearly double between 2015 and 2055 to more than 92 million and […]
News Release: SG Property Services Adds Two Medical Buildings to Portfolio
SGPS Purchases Two North Fulton Medical Properties NEWS PROVIDED BY SG Property Services Aug 23, 2017, 12:31 ET ATLANTA, Aug. 23, 2017 /PRNewswire/ — SG Property Services, an Atlanta-based real estate firm with a focus on healthcare and professional office development, has acquired Johns Creek Medical and The Swan Building for a combined $11.9 million. The two properties, located at 6918 […]
News Release: Pisula Development acquires Conroe, Texas, transitional care facility in joint venture
The 150-bed, 62,000 square foot Brightpointe at Rivershire transitional care facility is optimally located west of the Conroe Regional Hospital Campus THE WOODLANDS, Texas, Aug. 23, 2017 – The Woodlands-based Pisula Development Company recently announced the acquisition of Brightpointe at Rivershire, a 62,000 square foot, 150-bed transitional care facility in the Houston suburb of Conroe, […]
News Release: Avison Young brokers $12.1-million sale of Foothills Health Center in Phoenix
Phoenix, AZ – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has brokered the $12.1-million sale of Foothills Health Center, a two-building, 53,310-square-foot (sf) medical office property within the Ahwatukee submarket of Phoenix. Avison Young’s Nicholas Pelusio and Kevin Helland, a senior vice-president and senior associate, respectively, in the […]
Thought Leaders: MOB sales continue at furious pace in 2017
Healthcare Capital Markets Perspective August 2017 The major reason was HTA’s $2.2 billion acquisition of the Duke Realty healthcare portfolio in June, leaving the balance of first half acquisitions at $3.2 billion, consistent with first half volume in 2015 and 2016 – years with record overall sales. Record MOB sales in the first half of […]
News Release: Aging U.S. population boosting demand for medical office buildings, according to CBRE report
PRESS RELEASE Contact: Corey Mirman 212.984.6542 corey.mirman@cbre.com Los Angeles, CA – August 22, 2017—The aging U.S. population, pressure for healthcare providers to cut costs and new technologies have boosted demand for medical office properties in recent years, according to a new report from CBRE. (Registration and login required.) The U.S. Census Bureau estimates that the 65+ population will […]
News Release: Presence Health Signs Letter of Intent with Ascension to Join AMITA Health
August 22, 2017 Ascension, the nation’s leading Catholic and non-profit health system, and Presence Health, a leading Catholic health system in Illinois, have signed a non-binding letter of intent (LOI) for Presence Health to join Ascension and become part of AMITA Health, a joint venture of Ascension’s Alexian Brothers Health System and Adventist Midwest Health, […]
News Release: Hammes selected to build a new administrative office for OhioHealth
FOR IMMEDIATE RELEASE Media Contact: Stephanie Gogots, Hammes, (262) 792-6483, sgogots@hammesco.com Columbus, Ohio (August 22, 2017) – Hammes, the nation’s leading developer for healthcare facilities, announced it was selected as the project manager, to lead the construction of OhioHealth’s new 270,000 square-foot administrative office project. The facility will be home for approximately 1,600 non-clinical OhioHealth […]
News Release: Anchor Health Properties Acquires Two MOBs in San Diego market
FOR IMMEDIATE RELEASE August 22, 2017 Contact: Emily Kanter, Maven Communications ekanter@mavenagency.com; 215-434-7195 ANCHOR HEALTH PROPERTIES ACQUIRES TWO MEDICAL OFFICE BUILDINGS IN GREATER SAN DIEGO MARKET (San Diego, CA)- Anchor Health Properties (Anchor) is pleased to announce the acquisition of two significant medical office properties in the greater San Diego market. In partnership with an […]
News Release: Deal – Capital One Closes $41.1 Million First Mortgage and $5 Million Senior Credit Facility with Prestige Care
FOR IMMEDIATE RELEASE Bethesda, Md. (August 22, 2017) – Capital One announced today that it provided a $41.1 million first mortgage and a $5 million senior credit facility for Prestige Care, an Oregon-based owner and operator of independent living, assisted living, memory care and skilled nursing facilities. The company used the mortgage loan to acquire four […]