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Post-Acute & Senior Living: DeAngelis Diamond unveils $15.8 million rehab hospital project in New Orleans

NEW ORLEANS — DeAngelis Diamond Healthcare Group announced they will begin construction this month on the new, $15.8 million, 65,000 square foot Cobalt Rehabilitation Hospital in New Orleans’ Mid-City district.

Companies & People: Rendina Healthcare Real Estate extends it reach with new office in N.J.

LIVINGSTON, N.J. – Rendina Healthcare Real Estate announced recently that it has opened a new regional office in Livingston, N.J. The firm says the New Jersey office was needed due to its “significant” growth in the Northeast part of the country;. It is the Jupiter, Fla.-based HRE firm’s sixth office nationwide.

Companies & People: Capital One Bank provided $150.6 million loan for CNL’s big portfolio buy

McLEAN, Va. – McLean-based Capital One Bank, part of Capital One Financial Corp. (NYSE: COF), provided loans totaling $150.6 million to CNL Healthcare Properties Inc. (CNL) for its recent acquisition of nine “Class A” medical office buildings (MOBs) in North Carolina and Georgia.

Companies & People: Former Carolinas exec Mary Beth Kuzmanovich joins Colliers as national director

IRVINE, Calif. – Mary Beth Kuzmanovich has joined Colliers International as a national director of healthcare services.

Companies & People: JE Dunn selected to build Wesley Medical Center’s $28M children’s hospital

WICHITA, Kan. – Wesley Medical Center in Wichita recently announced that it has chosen Kansas City, Mo.-based JE Dunn Construction Co. for the building of its $28 million children’s hospital.

Companies & People: CBRE adds Kyle Marden, Travis Messina to firm’s healthcare services platform

LOS ANGELES – Los Angeles-based CBRE Group Inc. (CBG) recently announced that its healthcare services arm, CBRE Healthcare, has made two new hires: Kyle Marden as managing director for ambulatory care; and Travis Messina as managing director for the Capital Program Solution’s (CPS) West region

Companies & People: Integrated project delivery team collaborating on $184M expansion at BMC

BOSTON – An integrated project delivery (IPD) team will collaborate on what is being called a historic $184 million, 120,000 square foot expansion and 220,000 square foot renovation project at Boston Medical Center (BMC).

The future $77 million replacement for the current Shriners Hospitals for Children - Los Angeles is being constructed in nearby Pasadena, Calif., by general contractor DPR Construction. It is slated to open in mid-2017.
Rendering courtesy of DPR Construction

Companies & People: DPR to build $60M Shriners facility

New Pasadena, Calif., replacement med center on course for mid-2017 opening By Erin E. Porter Redwood City, Calif.-based DPR Construction continues to add to its list of healthcare projects, as the firm was recently chosen as the general contractor for the future Shriners Hospitals for Children Medical Center in Pasadena, Calif.

Scott D. Evans

Companies & People: 5 Questions for Scott Evans

After tenures at E&Y and Cain Brothers, he is helping grow Realty Trust Group By John B. Mugford When Healthcare Real Estate Insights™ heard through other sources that Scott D. Evans had led the process to choose a developer for a medical office building (MOB) project in Sierra Vista, Ariz., we thought it would be […]

Companies & People: New healthcare investor, Ridgeline Capital Partners, acquires two Texas MOBs

DALLAS – A relatively new player in the HRE acquisitions arena, Dallas-based Ridgeline Capital Partners (RCP), a privately held commercial real estate investment company, recently added to its portfolio with two acquisitions in its home state.

Companies & People: More Healthcare Real Estate Company & People News

Brandon Muzik recently joined Chicago-based Stage Equity Partners LLC, an HRE investment company, as director of acquisitions. According to Stage Equity principals Brian Howard and Russell Brenner, Mr. Muzik’s primary responsibilities include sourcing, underwriting and closing company transactions. Before joining the firm, Mr. Muzik was senior acquisitions analyst at Chicago-based Ventas Inc. (NYSE: VTR), where […]

The new seven-story, 383,000 square foot Prebys Cardiovascular Institute, a new cardiac care hospital located at 9888 Genesee Ave. in La Jolla, Calif., near San Diego, is part of a 25-year master plan that Scripps Health announced in 2010. 
Photo courtesy of HOK

Companies & People: McCarthy completes $456M project

Seven-story, 383,000 s.f. Prebys Cardiovascular Institute added to Scripps campus By Erin E. Porter McCarthy Building Companies Inc., which is based in St. Louis and has several offices in California, recently announced the completion of construction on the Prebys Cardiovascular Institute, a 383,000 square foot, seven-story heart hospital on the campus of Scripps Memorial Hospital […]

One of the assets acquired by Griffin-American Healthcare REIT III during the first quarter was the 31,070 square foot Keller (Texas) Medical Plaza. The MOB, which was acquired from Caddis Partners, was 94 percent leased at the time of the sale. (Photo courtesy of Caddis)

Transactions: G-A Healthcare REIT III caps $353.7 million Q1

Non-traded healthcare real estate trust says it has about $509 million more in the pipeline By Murray W. Wolf Griffin-American Healthcare REIT III Inc. acquired $353.7 million worth of healthcare real estate (HRE) during the first quarter (Q1) and has about $509 million of additional transactions in the pipeline. That’s according to American Healthcare Investors […]

The five-story, 122,479 square foot Northwest Specialty Clinics building in Springfield, Ore., recently sold for $61.4 million, or slightly more than $500 per square foot. Harrison Street was the buyer and a partnership of physicians was the seller. (Photo courtesy of JLL)

Transactions: Harrison Street buys Oregon MOB

JLL represents seller in $61.4 million sale of 122,479 square foot med building By Murray W. Wolf An affiliate of Harrison Street Real Estate Capital has acquired the five-story, 122,479 square foot Northwest Specialty Clinics MOB in Springfield, Ore., for a reported $61.4 million, or slightly more than $500 per square foot (PSF).

Transactions: Colliers closes on two MOB transactions totaling more than $20 million

MT. JULIET and JOHNSON CITY, Tenn. – The Nashville office of the Healthcare Investment Services Group of Colliers International recently brokered the sales of two Tennessee MOBs.