Industry Pulse: Are you ready for some senior housing?
Senior housing is replacing the NFL at the former site of Baltimore’s Memorial Stadium Baltimore’s venerable Memorial Stadium, once home to the Baltimore Colts, Ravens and Orioles, among other pro sports teams, packed plenty of memories. But when the Colts moved to Indianapolis in 1984, support grew for the idea of replacing the antiquated stadium […]
Industry Pulse: This HRE developer was ‘Kona Inspired’
To meet Todd Varney is to meet a highly conditioned athlete. However, this was not always the case for the healthcare developer with NexCore Group.Fact is, Mr. Varney was diagnosed as obese in 2008. Though the news shocked him, it also inspired Mr. Varney to start exercising and competing in perhaps the most grueling of […]
Industry Pulse: On The Record
Is the universe of HRE investors expanding? “Yes, it’s all the same people plus it’s non-traded REITs for sure – five or six of them that are aggressively looking at senior housing, skilled nursing and medical office. There are pension funds, private equity and certainly, the public REITs, and even some operators. So it’s a […]
Publisher’s Letter: And the winner is…
…maybe you! Enter the new HREI INSIGHTS AWARDS Dear Reader: It’s about time. That pretty much sums up how I feel about the new HREI Insights Awards™. If you haven’t heard by now, Healthcare Real Estate Insights™ recently announced the creation of the HREI Insights Awards™, the only comprehensive national awards totally dedicated to recognizing […]
Cover Story Sidebar: A quick look at the Buffalo Niagara Medical Campus
The healthcare district has made quite a turnaround and revitalized a portion of the city These days, the bustling 120-acre Buffalo Niagara Medical Campus (BNMC) just outside of downtown Buffalo, N.Y., is a fine example of how healthcare can revitalize a community and, for that matter, a city. According to some local reports, the area […]
News Release: Montecito Medical Acquires Columbia Medical Campus
SANTA BARBARA, CA (July 30, 2013) – Montecito Medical, a premier owner of medical office buildings throughout the US, has acquired the Columbia Medical Campus (CMC) in Columbia, Maryland. Located in Howard County, the 3rd wealthiest county in the nation, Columbia Medical Campus is comprised of two medical office buildings (Knoll I and Knoll II) totaling […]
Transactions: Q2 sees sizable drop in MOB sales
But HRE professionals say demand remains strong and won’t ease anytime soon By John Mugford Not since the third quarter (Q3) of 2011 has the nationwide sales volume for medical office buildings (MOBs) been lower than the total for the second quarter (Q2) of this year. In fact, the sales total of
News Release: Lillibridge Acquires Advocate MOBs
409,000 square feet added to MOB portfolio, strengthening Advocate relationship CHICAGO, Aug. 19, 2013 – Lillibridge Healthcare Services, Inc. (Lillibridge), the nation’s largest owner and manager of medical office buildings (MOBs) and a wholly owned subsidiary of Ventas, Inc. (NYSE: VTR), has acquired a 409,000 square foot MOB portfolio located on the campuses of five Advocate […]
Cover Story: Big bucks in Buffalo
H2C taps Seavest for $100.7 million Conventus project By John B. Mugford Healthcare real estate development is playing a key role in Buffalo’s resurgence. Everyone seems to know all of the negatives – and the jokes – about Buffalo, N.Y., such as the back-breaking 93 inches of annual snowfall, the devastating loss of 50 percent […]
News Release: Ensemble Real Estate Solutions Experiences Encouraging Growth in Second Quarter
Phoenix, AZ (August 12, 2013) – Ensemble Real Estate Solutions closed out its 2013 second quarter with 59 medical office transactions totaling over $18.9 million in total lease value, representing a 38% increase in total leasing activity when compared to Ensemble’s 2012 second quarter. With just over 200,000 square feet in closed deals, some of the notable […]
News Release: Ensemble Real Estate Solutions Experiences Encouraging Growth in Second Quarter
Phoenix, AZ (August 12, 2013) – Ensemble Real Estate Solutions closed out its 2013 second quarter with 59 medical office transactions totaling over $18.9 million in total lease value, representing a 38% increase in total leasing activity when compared to Ensemble’s 2012 second quarter. With just over 200,000 square feet in closed deals, some of the […]
News Release: Just Closed – Emory Aesthetic Center at Paces – CBRE Inc.
The CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the monetization of the Emory Aesthetic Center at Paces in Atlanta, Georgia. Sale Date: July 31, 2013 Sale Price: $6,840,000 Price PSF: $287 Condo Size: 23,869 SF Year Built: 1991 Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the […]
News Release: American Realty Capital Healthcare Trust Crosses $1 Billion Mark for Acquisitions; Acquires $162.9 Million of Properties Since July 1st
New York, New York, August 2, 2013 – merican Realty Capital Healthcare Trust, Inc. (“ARC Healthcare”) announced today that it has acquired nine high quality senior living facilities located in Florida, Georgia, Tennessee, Washington and Oregon for an aggregate contract purchase price of $128.3 million, exclusive of closing costs. These purchases made up a significant part […]
News Release: Nashville based Centerre Healthcare and University of Wisconsin Hospital for partnership for new inpatient rehabilitation hospital
Nashville, TN – University of Wisconsin Hospital and Clinics, in partnership with Centerre Healthcare Corporation, today announced plans to build a freestanding inpatient rehabilitation hospital in Madison. Pending purchase of the site and required city approvals, the new hospital will be built across the street from UW Health at The American Center, the planned new […]
News Release: Nashville based Centerre Healthcare and University of Wisconsin Hospital announce partnership for new inpatient rehabilitation hospital
Nashville, TN – University of Wisconsin Hospital and Clinics, in partnership with Centerre Healthcare Corporation, today announced plans to build a freestanding inpatient rehabilitation hospital in Madison. Pending purchase of the site and required city approvals, the new hospital will be built across the street from UW Health at The American Center, the planned new campus […]