Post-Acute & Senior Living: Ventas Inc. said to be in talks to acquire part or all of struggling Brookdale Senior Living
BRENTWOOD, Tenn. – Struggling Brentwood-based Brookdale Senior Living (NYSE: BKD) is said to be in talks to be acquired by, in part or as a whole, Chicago-based Ventas Inc. (NYSE: VTR), according to a recent article in The Wall Street Journal, which cited unnamed sources with knowledge of the negotiations.
Post-Acute & Senior Living: Ground Broken on $95 million resort-style senior community on 32 acres in Fort Myers, Fla.
FORT MYERS, Fla. – London-based Quadrum Global, which has offices in New York and Miami, recently broke ground on its first senior housing community, a $95 million resort-style project in Fort Myers.
Post-Acute & Senior Living: Wardman Group acquires, renames and is renovating senior community in Columbia, S.C.
COLUMBIA, S.C. – An affiliate of Washington, D.C.-based The Wardman Group has acquired Summers Landing Polo Road, a 92-unit senior housing property in Columbia, S.C. Wardman hired Carlsbad, Calif.-based Integral Senior Living (ISL) to manage the property.
Publisher’s Letter: Tracking the market
Marcus & Millichap, Colliers release 2017 reports Dear Reader: Another strong year is ahead for medical office building (MOB) investment, according to the newly released “2017 Outlook” report from Marcus & Millichap. The brokerage firm says the strong demographic trends that support a growing healthcare industry will continue to drive investment activity. Institutional funds and real […]
Industry Pulse: More Micro Hospitals, Improved EDs and More
Architecture firm releases five predictions for 2017 healthcare facility design trends In a recent article in Becker’s Hospital Review, the healthcare architecture firm E4H released its five predictions for healthcare facility design trends in 2017.
Post-Acute & Senior Living: Renovations at Baltimore SNF refocus facility on short-term, sub-acute services
BALTIMORE – Perhaps a future development in providing services along the continuum of care calls for refocusing some of the country’s long-term skilled nursing facilities (SNFs) into short-term, sub-acute care centers providing rehabilitation services.
Industry Pulse: On the Record – Mercedes Kerr
What will be Welltower’s investment focus during 2017?
Industry Pulse: Hospital Construction Headed for 4-Year High
New, expanded and replaced hospitals in pipeline total about 32.7 million square feet It looks as if 2017 is going to be a very big year for new hospital construction projects.
Post-Acute & Senior Living: New not-for-profit, faith-based senior community underway on 14 acres in Puyallup, Wash
PUYALLUP, Wash. – A ground breaking was scheduled for February 2017 in Puyallup, just outside of Tacoma, Wash., for the future Wesley Homes Bradley Park, a 62-plus senior housing community.
Post-Acute & Senior Living: Calling all ‘parrot heads’ to Florida
Senior community’s theme would be based on Jimmy Buffet’s Margaritaville By John B. Mugford As senior housing projects continue to compete for residents, some of the newer communities are being built with specific themes in order to possibly provide a competitive edge.
Industry Pulse: Florida Medical Condo Comeback?
Aventura, Fla., med tower tops out, is about two-thirds sold One of the first medical office condominium projects to be built in a number of years in Miami-Dade County, Fla., is well underway near the 407-bed Aventura Hospital and Medical Center, part of HCA East Florida and Nashville, Tenn.-based HCA Holdings Inc. (NYSE: HCA).
Companies & People: Flagship adds ‘healthcare’ to its name
Company is growing in all facets; adds Dev Gregg to lead development team By John B. Mugford It seemed like only a matter of time before Brackett Flagship Properties LLC changed its named to reflect the strong niche it’s carved out in the Southeast healthcare real estate (HRE) market. The Charlotte, N.C.-based company did just […]
Capital markets: Multi-asset class portfolio finance
It’s a part of the HRE market that presents a unique financing challenge By Erik Tellefson Healthcare portfolio acquisitions were a large part of the medical office building (MOB) landscape in 2016 and this trend is projected to continue in 2017. In particular, multi-asset class healthcare portfolios will be part of the healthcare real estate […]
Companies & People: Rendina completes 62,835 square foot MOB for Dignity Health in Glendale, Ariz.
GLENDALE, Ariz. – Jupiter, Fla.-based Rendina Healthcare Real Estate, which has six offices nationwide, has completed a 62,835 square foot MOB on the campus of Dignity Health St. Joseph’s Westgate Medical Center in Glendale, just outside of Phoenix.
Companies & People: Morgan/Harbor completes construction of senior-focused MOB in Illinois
ROMEOVILLE, Ill. – Willowbrook, Ill.-based Morgan/Harbour recently completed constructing a 28,928 square foot MOB for Chicago-based Presence Health, an 11-hospital system, in Romeoville, about 25 miles southwest of downtown Chicago.