News Release: Global Medical REIT Inc. Provides Acquisition Update
Press Release Company Release – 2/1/2017 8:30 AM ET Company Announces Two Completed Acquisitions and Five Executed Purchase Contracts for an Aggregate of $103.5 million BETHESDA, Md.–(BUSINESS WIRE)– Global Medical REIT Inc. (NYSE:GMRE) (the “Company” or “GMR”), a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities […]
News Release: The Excelsior Group Hires Healthcare Advisory Group
January 31st, 2017 The Excelsior Group (TEG) is proud to announce the recent hiring of three healthcare real estate specialists to the TEG Real Estate Advisory Team. The group is made up of Steve Brown, Misty Bowe and Jake Sampson who have been working as a team for the past six years. Their team is […]
News Release: Ryan Companies Hires Toby Veit as Director of Capital Markets
FOR IMMEDIATE RELEASE Chicago, IL (January 31, 2017) Ryan Companies US, Inc. hires Toby Veit as Director of Capital Markets in their Chicago office. Veit will be responsible for capitalizing Ryan projects and assets, developing and maintaining debt and equity relationships, sourcing and evaluating value-add acquisitions and structuring joint ventures. Veit comes to Ryan from […]
News Release: Dave Kreske Joins Meridian as Vice President of Construction
Meridian currently has more than 300,000 square feet currently in development and redevelopment and another 200,000 square feet in the pipeline in both northern and southern California. SAN RAMON, CALIF. – Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities, expands its construction division with the addition of David Kreske, a well-respected […]
News Release: Bay Area Regional Medical Center and Medistar Corporation announce development of new MOB
Bay Area Regional Medical Center and Medistar Corporation announce development of new medical office building to support community hospital’s growth WEBSTER, TX – January 27, 2016 – Bay Area Regional Medical Center (Bay Area Regional) and Medistar Corporation (Medistar) announced today the development of a new 60,000 square foot medical office building near the intersection […]
News Release: Capital One closes $534.9M loan to finance Starwood Property Trust MOB portfolio acquisition
FOR IMMEDIATE RELEASE Capital One Closes $534.9 Million Loan to Finance Acquisition of Medical Office Building Portfolio Bethesda, Md. (January 30, 2017) – Capital One announced today that it served as lead arranger and bookrunner for a $534.9 million loan used to acquire a portfolio of 34 medical office buildings—one of the largest medical office building […]
News Release: Marcus & Millichap arranges the sale of a 14,527 square foot net-leased medical property
FOR IMMEDIATE RELEASE Contact: Richard A. Bird First Vice President/District Manager, Denver (303) 328-2000 INDIANAPOLIS, IN, February 1, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of a 14,527-square foot net-leased plasma collection facility located in Indianapolis, […]
News Release: TopMed Realty acquires medical office, retail and public garage components of 680 North Lake Shore Drive
TopMed Realty forms joint venture with Golub & Company in the medical and university corridor of downtown Chicago’s Streeterville neighborhood TopMed Realty is pleased to announce the acquisition of the commercial component of 680 North Lake Shore Drive (“680”), representing 493,064 square feet of commercial space, as well as 331 public garage parking spaces. Golub & Company, which […]
News Release: Land purchased for upcoming Gilbert medical campus
01.25.2017 GILBERT, Ariz. – Irgens completed the acquisition of four acres of land for an upcoming Gilbert medical campus that is already 65 percent pre-leased. Groundbreaking is planned to start this week for the $17 million medical campus, Spectrum Medical Commons, near Val Vista Drive and the 202 SanTan Freeway. The facility will be adjacent […]
News Release: Hammes Company hires Regional Vice President in the Northeast, Expands Capabilities in Region
FOR IMMEDIATE RELEASE Media Contact: Corporate Marketing, news@hammesco.com, hammesco.com, 262-792-5900 BROOKFIELD, Wis., and BOSTON, Jan. 25, 2017 – Further enhancing its position as the nation’s foremost provider of strategic healthcare solutions, Hammes Company appointed Michael Solak as the Regional Vice President out of the firm’s Boston office. Mr. Solak is returning to Hammes Company to […]
2016 HREI Insights Awards: Five questions for Jason Signor
2016 HRE Executive of the Year talks about starting and growing Caddis By John B. Mugford It’s been quite a meteoric rise for Dallas-based Caddis since its founding in 2008 by a young man with a background as a civil engineer. Since Jason Signor started the company as an evolution from the real estate arm […]
2016 HREI Insights Awards Winner: Best New MOB (100,000 S.F.+)
California MOB overcomes obstacles PMB successfully delivered four-building care center despite a challenging site Facility name: Hoag Health Center Irvine – Sand Canyon Address, City, State: 16105-16405 Sand Canyon Ave., Irvine, CA Client: Hoag Memorial Hospital Presbyterian Product type: MOB with ambulatory surgery center (ASC) Number of stories: Three two-story buildings and one one-story building […]
Feature Story: Insights Awards winners announced
Fourth annual HREI™ awards program recognizes top HRE projects and people What do Pflugerville, Texas; Avon, Colo.; and West Grove, Pa. have in common? How about Irvine, Calif.; Belleville, N.J.; Hamilton, Ohio; and Naples, Fla.? Denver and Dallas? At first glance, the answer might appear to be, “Not much.” But these disparate locations do have […]
2016 HREI Insights Awards Winner: Best New MOB (Less Than 25,000 S.F.)
Austin, Texas-area FED gets its wish Lockard’s development, negotiation expertise smooths project challenges Facility name: Five Star ER Pflugerville Address: 21315 N. SH 130, Unit #4, Pflugerville, TX Client and tenant: Emergency Service Partners LP Product type: Freestanding emergency department Number of stories: One Square footage: 9,960 Site acreage: 1.25 Parking: 39 surface spaces Construction start date: March 2015 Construction complete date: Oct. 29, 2015 […]
2016 HREI Insights Awards Winner: Best Renovated/Repurposed
N.J. renovation raises satisfaction Rendina financed, developed, leases, owns and manages three-building complex Facility name: Clara Maass Medical Center Medical Office Buildings Address, City, State: 36 and 50 Newark Ave. and 5 Franklin Ave., Belleville, N.J. Client: RWJBarnabas Health; multi-tenant, multi-specialty Product type: MOB Number of stories: Three (36 Newark), four (50 Newark) and five […]