Companies & People: Hammond Hanlon Camp adds three executives to its growing staff
NEW YORK – New York-based Hammond Hanlon Camp (H2C), an advisory and investment banking firm focused on the healthcare sector, recently added three people to its national staff. In New York, the company hired
Companies & People: More HRE Company News
■ HCP Inc. (NYSE: HCP) has been named the global and North American leader for the healthcare sector by the Global Real Estate Sustainability Benchmark (GRESB). It is the second consecutive year that Long Beach, Calif.-based HCP was ranked No. 1 among survey respondents within its sector. HCP was also awarded the
REIT Report: Pay attention to a REIT’s payor mix
A differing blend of MOBs, post-acute and senior living assets affects valuations By Murray W. Wolf With the aging of the U.S. population, many investors have jumped on the healthcare real estate investment trust (REIT) bandwagon during the past decade, and more have piled on since the passage of the Patient Protection and Affordable care […]
News Release: Holladay negotiates lease with Loyola University Medical Center
Holladay Properties is pleased to announce a new lease with Loyola University Medical Center in Oak Brook Terrace, Ill. at the Oak Brook Terrace Medical Center located at 1S224 Summit Avenue in Oak Brook Terrace. Holladay Properties provides leasing and property management services for this 92,000 square foot, two building medical campus owned by HCP, […]
News Release: Market Street Dermatology Moving to International Market Square
Practice to Open October 2013 MINNEAPOLIS, (Sept. 19, 2013) – Greywolf Partners, Inc., property and asset manager for International Market Square (IMS), recently finalized the execution of a 4,328 square foot, ten-year lease with Market Street Dermatology. Elyse Scheuer, MD and Lynda Kauls, MD will be opening their new practice in IMS in October 2013. […]
News Release: Griffin-American Healthcare REIT II Completes $472.2 Million Acquisition of 44-Facility UK Senior Housing Portfolio
REIT adds significant international component; expands portfolio to $2.1 billion in value, based on aggregate acquisition price NEWPORT BEACH, Calif. (Sept. 12, 2013) – Griffin-American Healthcare REIT II, Inc. announced today that it has completed the acquisition of a 44-facility portfolio of premium senior housing and care facilities located in England, Scotland and the Channel […]
Industry Pulse: NexCore Development Agrees to Pay $114M for Dignity Health MOB Portfolio
Commercial real estate blogger Jay Rickey reports on his “Commercial Real Estate from the SEC” website that NexCore Group has agreed to pay $114 million for the Dignity Health MOB portfolio. Please see the full article here: http://www.jayrickey.com/2013/09/11/nexcore-development-agrees-to-pay-114m-for-dignity-health-mob-portfolio/
News Release: CNL Healthcare Properties Acquires Six Medical Facilities
Portfolio includes five medical office and healthcare related buildings and one specialty hospital (ORLANDO, Fla.) Aug. 29, 2013 – CNL Healthcare Properties, an investment offering focused on senior housing and healthcare real estate, has acquired a portfolio including five medical office buildings and one specialty hospital for $59.5 million. The properties are located in the Cleveland; […]
Industry Pulse: 2013 InterFace Healthcare Real Estate Dallas draws good turnout
We are just moments away from the start of the 2013 InterFace Healthcare Real Estate Dallas conference, and the conference organizers say we will have a very good turnout: about 230 registrants from the Dallas area and beyond. As always, Healthcare Real Estate Insights is a proud Media Sponsor of this excellent annual event. Things […]
News Release: Medical Office Remains Prime Asset Class Amongst Investors
Jones Lang LaSalle says transaction volumes in 2013 expected to meet or exceed 2012 levels; performance, long-term demand and significant capital raises contribute to favored status CHICAGO, August 23, 2013 – The Medical Office Building sector continues its reign as one of the most sought-after product types in commercial real estate following record-setting pace for […]
Transactions: HTA closes three MOBs acquisitions
Separate deals in Colorado, Texas and Pennsylvania total about $85 million By John B. Mugford Growing Parker, Colo., is in the far southern suburbs of the Denver metropolitan area and was picked this year by Money magazine as the 12th best place to live in the country. According to the magazine, the city of […]
Transactions: MPT to acquire three IASIS hospitals
REIT’s purchase is expected to generate more than $280 million for the system By John B. Mugford Medical Properties Trust Inc. (NYSE: MPW), a publicly traded real estate investment trust (REIT) that focuses on net-leased healthcare facilities, namely hospitals, recently announced that it will acquire the real estate assets of three major acute-care facilities operated […]
Transactions: MedProperties Holdings, Equity Inc. team up to buy MOB in Cincy suburb
EVENDALE, Ohio – A recently formed and expanding partnership of Dallas-based MedProperties Holdings LLC and Columbus, Ohio-based Equity Inc. has acquired a 65,670 square foot MOB in Evendale, a suburb of Cincinnati. The Evendale Healthcare Center has four stories, was completed in 1988 and is on 4.6 acres at 10475 Reading Rd., between U.S. interstates […]
Transactions: Chicago-area MOB portfolio acquired by Griffin-American REIT
HINSDALE, Ill. – Newport Beach, Calif.-based Griffin-American Healthcare REIT II recently acquired a two-building, 88 percent leased MOB portfolio in Hinsdale, Ill., that is anchored by two large Chicago-area providers. Griffin-American paid $35.5 million for the facilities at 908 N. Elm St., or about $210 PSF, according to RCA. The 169,078 square foot, two building […]