Companies & People: Raymond James Healthcare Finance serves as placement agent for Covenant Health
ST. PETERSBURG, Fla. – Tewksbury, Mass.-based Covenant Health System, a not-for-profit, recently issued $19.86 million in Series 2017 tax-exempt bonds and received a $55 million taxable term loan for construction and renovation projects at its three hospitals and to complete its Covenant Care Link electronic health records project.
Companies & People: MedCraft to develop, own clinic near Wichita operated by Via Christi Health
DERBY, Kan. – Minneapolis-based MedCraft has started work on a 15,000 square foot build-to-suit clinic for Wichita, Kan-based Via Christi Health in Derby, a Wichita suburb.
Companies & People: H2C closes out big year in 2016, closing $2.2 billion in transactions for clients
NEW YORK – New York-based Hammond Hanlon Camp LLC (H2C), a healthcare-focused advisory investment banking firm, completed $2.2 billion worth of financing transactions for its clients in 2016.
Companies & People: 2016 was a big year for Hammes
Company completed $2 billion in projects, a yearly increase of 41 percent By John B. Mugford Milwaukee-based Hammes Company had another big year in terms of healthcare and hospital projects in 2016.
News Release: Griffin-American Healthcare REIT IV Acquires Two-Building Medical Office Building Portfolio in Athens, Georgia
ATLANTA, May 24, 2017 /PRNewswire/ — American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired the two-building Athens Medical Office Building Portfolio in Athens, Georgia, approximately 70 miles east of Atlanta. Built in 2007, the approximately 61,000-square-foot Athens Medical Office Building […]
News Release: Rendina and Clara Maass Medical Center Celebrate Grand Opening of 87,000 square foot Expansion
BELLEVILLE, N.J., May 24, 2017 – Last month, representatives from Rendina Healthcare Real Estate joined Clara Maass Medical Center CEO Mary Ellen, hospital employees, and town officials to celebrate the grand opening of the 87,000 square foot medical office/ICU addition in Belleville. The facility was developed by Rendina as part of its ongoing relationship with […]
News Release: Caddis completes four major medical office building closings in one day
‘Strong company growth’ includes two acquired MOBs in Texas, the sale-leaseback of six-building portfolio in Illinois, refinanced MOBs and more DALLAS, May 24, 2017 – In one fast-paced, remarkable day, Caddis completed four major medical office building (MOB) closings, including acquisitions, a refinancing, a sale-leaseback transaction and the formation of a new holding company that benefits […]
News Release: Dignity Health Breaks Ground For New Medical Office Building
State-of-the-art medical office in Citrus Heights will serve the growing medical needs of the community and improve access to quality care for residents. Dignity Health Medical Foundation broke ground on May 23, 2017 on a new 68,000-square-foot, state-of-the-art medical office building in Citrus Heights that will serve the growing medical needs of the community and […]
News Release: Bull Realty Brokers $16.8 Million Medical Office Building in Athens, GA
ATLANTA (May 22, 2017) — Paul Zeman, President of Healthcare Real Estate Services at Bull Realty, brokered the sale of “The Exchange,” two identical medical office buildings totaling 61,203 SF in Athens, GA. The sale closed on May 18, 2017 for $16.8 million. The Exchange was built in 2007 by Bell Harrison Development. St. Mary’s […]
News Release: Medical Properties Trust, Inc. to Invest $1.4 Billion in Ten Acute Care Hospitals and One Behavioral Health Facility
Investor Relations Press Release Acquisitions Immediately Accretive to Normalized FFO by Approximately $0.10 Per Share BIRMINGHAM, Ala.–(BUSINESS WIRE)–May 19, 2017– Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has signed definitive agreements to acquire the real estate interests of ten acute care hospitals and one behavioral health facility […]
Thought Leaders: Newmark Grubb Knight Franks’s Global Healthcare Services 2017 Healthcare Outlook Report
The Global Healthcare Services U.S. Healthcare Real Estate Outlook 2017 covers this year’s trends in consolidation, need for capital, uncertainty with healthcare reform, value based care and consumerism as well as continued investment demand for acquiring healthcare assets. The healthcare industry continues to evolve, as it responds to the twin mandates of serving a growing patient population […]
News Release: Brandon Wallace Joins Cushman & Wakefield as Senior Director
Wallace Bolsters Cushman & Wakefield’s Atlanta Healthcare Practice Group ATLANTA, May 18, 2017 – Cushman & Wakefield has hired industry veteran Brandon Wallace as Senior Director to co-lead the company’s Healthcare Practice Group in Atlanta alongside George Olmstead, Senior Director. Wallace will bring his proven strategic relationships and healthcare real estate expertise to this growing […]
News Release: Cleveland Clinic Partners with Rendina on Family Health Center
JUPITER, Fla., May 17, 2017 – Cleveland Clinic and Rendina Healthcare Real Estate have broken ground on a new $32 million, 72,000-square-foot Family Health Center in Coral Springs, Fla. Situated on a 5.25 acre site at the intersection of University Drive and Sawgrass Expressway, the three-story facility will be fully occupied by Cleveland Clinic and […]
News Release: Capital One Closes $32.7 Million Loan for Medical Office Building Portfolio
FOR IMMEDIATE RELEASE Capital One Closes $32.7 Million Loan for Medical Office Building Portfolio Bethesda, Md. (May 17, 2017) – Capital One announced today that it provided a $32.7 million loan for a portfolio of six medical office buildings in Florida, Georgia, South Carolina and Texas, totaling 186,000 square feet. Caddis Healthcare Real Estate—an investment, development […]
News Release: Recent MOB Sale – Rainier Orthopedic Institute
Global Healthcare Services Structures Tax-Efficient Seller Reinvestment for Seattle MOB Disposition Written by: Jonathan Kesler, Global Healthcare Services The Newmark Grubb Knight Frank Global Healthcare Services team recently closed the on the sale of the Rainier Orthopedic Institute in Puyallup, WA. Anchored by Proliance Orthopedic Associates, a dominant provider of orthopedic care in the Puget […]