Industry Pulse: On the Record – Jackie Lundblad
What does the future look like for smaller physician practices? “I think that private practice physicians, especially those in the one- or two-person groups, have had a lot of pressure on their practices over the last six-plus years or so. Be it from administrative changes and documentation that they need to fill out to electronic […]
News Release: Woodbury’s CityPlace Unveils New Medical Office Development Plans
Elion Partners – Woodbury, MN / January 25, 2017 Elion Partners and The Davis Group Enter Joint Venture to Build 50,000 Square Feet of Medical Office Elion Partners and The Davis Group have entered a joint venture to develop a Class A medical office building at CityPlace in Woodbury, Minn. The new medical office building […]
News Release: JLL Healthcare Capital Markets had more than $1 billion in transactions in 2016
2016 Healthcare Capital Markets Transactions The JLL Healthcare Capital Markets team is proud to announce another successful year with over $1B in healthcare transactions. JLL Healthcare Capital Markets JLL Healthcare Capital Markets is the only national full service healthcare capital markets team in the real estate industry focused on medical office, hospitals, seniors housing and post-acute […]
News Release: Marcus & Millichap Facilitates the Largest 2016 Medical Office Transaction in Michigan
January 23, 2017 GRAND RAPIDS, Mich., Jan. 23, 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 the Women’s Health Center of West Michigan, a four-story, 106,806-square-foot medical office building. The Class A asset is 93 percent occupied […]
News Release: Peter Scott to Join HCP as Executive Vice President and Chief Financial Officer
News Release Issued: Jan 23, 2017 (8:55am EST) IRVINE, Calif., Jan. 23, 2017 /PRNewswire/ — HCP (NYSE:HCP) today announced that Peter Scott will join the company as Executive Vice President and CFO, effective February 13, 2017. Mr. Scott succeeds Tom Herzog who was appointed Chief Executive Officer in January 2017. “On behalf of our Board, Executive […]
News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Healthcare and Data Center Properties Totaling Over $100 Million
January 23, 2017 06:00 AM Eastern Standard Time TAMPA, Fla.–(BUSINESS WIRE)–Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) completed the following data center and healthcare property acquisitions totaling more than $100 million in aggregate purchase price during the month of December 2016: DATA CENTER PROPERTY ACQUISITIONS Chicago Data Center II Acquired by CVMC […]
News Release: ProHealth Care to move Brookfield clinic into new building in The Corridor development
Waukesha, Wis. – ProHealth Care will move its Brookfield clinic into a new building to be built in The Corridor development, providing a more central and convenient location for patients. “The Corridor sits along Bluemound Road, the hub of activity in Brookfield, so this will be a great location for our patients while also providing […]
News Release: ProHealth Care to move Brookfield clinic into new building in The Corridor
01.19.2017 ProHealth Care will move its Brookfield clinic into a new building to be built in The Corridor development, providing a more central and convenient location for patients. “The Corridor sits along Bluemound Road, the hub of activity in Brookfield, so this will be a great location for our patients while also providing the room […]
News Release: Hammond Hanlon Camp LLC Advises HealthEast on $50MM Taxable Debt Issuance
posted on January 19, 2017 ATLANTA — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive financial advisor to St. Paul, MN-based HealthEast in connection with its taxable debt issuance. The debt proceeds funded an unfunded pension liability on HealthEast’s pension plan, refinanced outstanding debt and financed new capital projects. […]
News Release: McCarthy Completes Construction of Delbert Day Cancer Institute at Phelps County Regional Medical Center
PRESS RELEASE: 01.18.2017 McCarthy Building Companies, Inc. has completed construction of the Delbert Day Cancer Institute, a comprehensive cancer care facility on the campus of Phelps County Regional Medical Center in Rolla, Mo. The 37,000-square-foot facility occupies the first two levels of the new, four-story, 100,470-square-foot building constructed by McCarthy. Located at the north side […]
News Release: HFF closes $30.25 million sale of medical office building at Cancer Center in suburban Hartford, Connecticut
PHILADELPHIA, PA – January 18, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $30.25 million sale of the 72,022-square-foot Medical Arts Center at The Hartford Healthcare Cancer Institute. HFF marketed the property exclusively on behalf of the seller, Tomasso Group, and procured the buyer, a publicly-traded medical office REIT. […]
Transactions: Salt Lake City MOB portfolio sells for $12.6 million
Newmark Grubb Knight Frank (NGKF) Global Healthcare Services announced Jan. 18, 2017, that it handled the recent $12.6 million sale of the two-building, 47,468 square foot Mountain Medical Portfolio in the Salt Lake City area. The deal closed Dec. 23, 2016. The specific properties and the buyer and seller were not disclosed. But Healthcare Real Estate […]
News Release: CBRE U.S. Healthcare Capital Markets 2016 Transactions
2016 SELECT DEALS IN SUMMARY CHI Medical Office Portfolio (51) Arkansas, Colorado, Kentucky, North Dakota, Nebraska, Pennsylvania, Tennessee, Texas, Washington Size: 3,124,642 SF Sale Date: September 2016 CHI Texas Medical Center Portfolio (2) Houston, TX Size: 673,395 SF Sale Date: September 2016 Ventas – HCA MOB Portfolio (5) Snellville, Augusta […]
News Release: Drexel Town Square Health Center Developed by HSA PrimeCare to Offer Full Spectrum of Services, Add Jobs
The new Froedtert & the Medical College of Wisconsin Drexel Town Square Health Center developed by HSA PrimeCare will bring an unprecedented level of healthcare services as well as nearly 150 new jobs to Oak Creek and surrounding communities. Slated to open next fall, the 109,000-square-foot health center will offer a complete spectrum of services […]
News Release: Ryan Companies Opens Dallas/Fort Worth Office
Names Rich Couturier as Vice President of Development, expanding healthcare market Dallas, TX (January 17, 2017) — Ryan Companies US, has extended its presence in the South Central Region and added a Dallas/Fort Worth office naming Rich Couturier as Vice President of Development. Couturier brings more than 20 years of development and construction experience to […]