News Release: Just closed: Hock Plaza II & Duke Fertility Center in Durham, North Carolina
The transaction involved the investment sale of Hock Plaza II and Duke Fertility Center in Durham, North Carolina. Deal highlights Property type: Medical office Sale date: November 8, 2016 Square feet: 98,324 r.s.f. Purchase price: $34,750,000 Occupancy: 100% The JLL Healthcare Capital Markets Group is pleased to announce the sale of Hock Plaza II and […]
News Release: Kevin Tyler Joins Welltower as Vice President – Investments
November 14, 2016 TOLEDO, Ohio–(BUSINESS WIRE)–Nov. 14, 2016– Welltower Inc. (NYSE:HCN) today announced Kevin Tyler has joined Welltower as Vice President – Investments. Mr. Tyler joins Welltower from Green Street Advisors where he served as Analyst and Healthcare Sector Head. He will be headquartered at the company’s Beverly Hills, California office and will focus on […]
HREI Insights Awards™ Finalists announced
Healthcare Real Estate Insights™ reveals the Finalists for the fourth annual awards recognizing excellence in healthcare real estate development and leadership MINNEAPOLIS, Nov. 14, 2016 – Healthcare Real Estate Insights™ magazine is pleased to announce the Finalists of the 2016 HREI Insights Awards™, the only national awards dedicated to recognizing excellence in the areas of healthcare […]
News Release: HCP Announces Next Generation of Leadership with Promotions of Tom Herzog and Justin Hutchens
Mr. Herzog to Become CEO and Mr. Hutchens President, Effective January 1, 2017 Company Retains Korn Ferry to Conduct CFO Search IRVINE, Calif. and SAN FRANCISCO, Nov. 14, 2016 /PRNewswire/ — HCP (NYSE:HCP) (“HCP” or the “Company”) announced today that its Board of Directors intends to elect, HCP’s current Chief Financial Officer, as Chief Executive Officer and […]
News Release: Medical industry executive Jared Stark named Duke Realty SVP, Healthcare Development
Former University Hospital & Clinics’ CEO will leverage more than 20 years of experience to help expand the company’s healthcare real estate development activities across the country INDIANAPOLIS, Nov. 10, 2016 – Jared L. Stark, who has served in executive leadership positions with several leading healthcare organizations, has been named Senior Vice President of Healthcare Development at […]
News Release: AP Break Ground on Major Renovations and Expansion at Coryell Memorial
11/09/2016 GATESVILLE, Tex. – Today at 12:30, Coryell Memorial Healthcare System hosted a groundbreaking ceremony to officially kick off construction for a major renovation and expansion project at Coryell Memorial Hospital in Gatesville, TX. Designed by Mike Hale Architects, Adolfson & Peterson Construction (AP) is serving as the construction manager for this project which includes […]
Industry Pulse: What will the Trump win mean for the HRE sector?
With ObamaCare facing an uncertain fate, will we see a return to “analysis paralysis?” If you attended the annual BOMA Medical Office Buildings (MOBs) conference in Orlando in May, you might recall that the luncheon keynote speaker on Day 2 was Charlie Cook, publisher of The Cook Political Report. During his very interesting and entertaining […]
News Release: Meridian Sells Dialysis Clinic in Palmdale, Calif. for $6.97 Million, 5.0% Cap Rate
SAN RAMON, CALIF. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the sale of its 13,750-square-foot dialysis clinic in Palmdale, Calif. The purchase price was $6.97 million, representing a cap rate of 5.0%. This is the second dialysis clinic that Meridian has […]
News Release: NorthStar Realty Finance Announces Third Quarter 2016 Results
NorthStar Realty Finance Announces Third Quarter 2016 Results NEWS PROVIDED BY NorthStar Realty Finance Corp. Nov 08, 2016, 07:00 ET SHARE THIS ARTICLE NEW YORK, Nov. 8, 2016 /PRNewswire/ — Third Quarter 2016 Highlights U.S. GAAP net (loss) to common stockholders of ($100.4) million, or ($0.56) per diluted share and cash available for distribution (“CAD”) […]
News Release: Meridian Expands Construction Division with Addition of Christine Velasquez as Project Manager
SAN RAMON, Calif. – Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, expands its construction project management division with the addition of Christine L. Velasquez, a well-respected senior-level real estate professional with a successful track record of over 15 years in business and community development, […]
News Release: Brackett Flagship Properties completes Gastonia, N.C. acquisition
GASTONIA, NC, November 7, 2016 – Brackett Flagship Properties has completed its latest acquisition in the Charlotte metropolitan area. 2544 Court Drive, a two building medical campus located in Gastonia, North Carolina is the most recent addition to the Flagship Healthcare Real Estate Fund II portfolio. The buildings total approximately 30,000 square feet and sit on a 4.5 […]
News Release: Transwestern appoints Steve Hall to lead Southeast Healthcare Advisory Services
New Hire Brings Country’s Largest Dedicated Healthcare Team to 45 Members Nationwide (NOVEMBER 2, 2016 – ATLANTA) – Transwestern today announces the Healthcare Advisory Services team has hired Steve Hall as senior vice president, expanding the country’s largest dedicated healthcare real estate team to 45 members nationwide. In this role, Hall will advise owners and […]
News Release: JLL closes sale of Twin Creeks Medical Center I & II in Allen, Texas
JLL Healthcare Capital Markets Just closed: Twin Creeks Medical Center I & II in Allen, Texas The transaction involved the investment sale of Twin Creeks Medical Center I & II in Allen, Texas. Deal highlights Property type: Medical office Sale date: October 17, 2016 Square feet: 69,196 r.s.f. Year built: 2004 and 2005 Occupancy: 87% The […]
News Release: Third Phase of Construction at HCP’s The Cove at Oyster Point in South San Francisco to Begin, Fueled by Strong Leasing Activity
News Release Issued: Nov 1, 2016 (8:02am EDT) IRVINE, Calif. and SAN FRANCISCO, Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) announced today that it will break ground on an additional two buildings constituting the third phase of The Cove at Oyster Point (“The Cove”), its newest life science development located in the epicenter of South San Francisco’s […]
News Release: HCP Announces Results for Quarter Ended September 30, 2016 and Completes the QCP Spin Transaction
News Release Issued: Nov 1, 2016 (8:03am EDT) IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — THIRD QUARTER 2016 AND RECENT HIGHLIGHTS — EPS and FFO per share were $0.32 and $0.65, respectively; FFO as adjusted was $0.72 per share — Completed spin-off of Quality Care Properties, Inc. (“QCP”) (NYSE:QCP) on October 31, 2016; see […]