Transactions: TST, Harrison Street sell 11-property portfolio for $240M
Lincoln Advisors acquires the 474,100 square feet of MOBs, IRFS for pension fund client By John B. Mugford At this point during the COVID-19 pandemic, there are plenty of investors looking to deploy “pent up” capital into stable investments amid a time of continued uncertainty. This was certainly evident during the recent marketing and sales […]
News Release: The Sanders Trust Announces Sale of Medical Real Estate Portfolio
Portfolio of 11 Properties Valued at $240 Million Reaches Disposition Phase Birmingham, Ala. NOVEMBER 2, 2020 – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the completion of a sale of a robust portfolio of medical real estate. The portfolio, valued at $240 million, consists of 11 properties. The […]
News Release: Ziegler Closes $125,000,000 Financing For HumanGood California
Ziegler, a specialty investment bank, is pleased to announce the successful closing of $125,000,000 of bank capital, placed with Washington Federal Bank, for the HumanGood California Obligated Group (the “Obligated Group”). CHICAGO (PRWEB) OCTOBER 30, 2020 Ziegler, a specialty investment bank, is pleased to announce the successful closing of $125,000,000 of bank capital, placed with Washington […]
News Release: Senior Housing Occupancy Reaches Record Low In Third Quarter
Pandemic’s effects on the sector continue to be evident ANNAPOLIS, Md. (October 15, 2020)—According to new data from NIC MAP® Data Service (NIC MAP) provided by the National Investment Center for Seniors Housing & Care (NIC), senior housing occupancy fell 2.6 percentage points in the third quarter of 2020, from 84.7 percent to 82.1 percent, indicating a steady decline since the outbreak of the novel coronavirus. This is the second quarter in a row […]
News Release: The Watermark at Brooklyn Heights, Luxury Community in New York City, Now Open
October 14, 2020 BROOKLYN, N.Y.—The Watermark at Brooklyn Heights, New York City’s first new luxury retirement community to open in 20 years and Brooklyn’s first ever, has welcomed its first independent living lifestyle members today. This extraordinary new senior community is a stunning, $330 million redevelopment and renovation of the beloved, iconic Leverich Towers Hotel […]
News release: LCS Development Begins Construction on Senior Living Community Expansion
WhiteStone in Greensboro, North Carolina, announces $75M project October 06, 2020 20:45 ET | Source: LCS Development Des Moines, Oct. 06, 2020 (GLOBE NEWSWIRE) — LCS Development, An LCS Company, will begin construction on a $75 million major expansion at WhiteStone: A Masonic and Eastern Star Community in Greensboro, North Carolina. The project includes the […]
News Release: H2C Secures Joint Venture Equity for Development of a State-of-the-Art Inpatient Rehabilitation Facility in QOZ
FOR IMMEDIATE RELEASE NEW YORK — Sept. 30, 2020 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused strategic advisory and investment banking firm, served as the exclusive financial advisor to a privately held joint venture that is developing a 48-bed, 51,580-square-foot inpatient rehabilitation facility (“IRF”) in Phoenix, Ariz., to be known as “Reunion Rehabilitation Hospital […]
News Release: The Sanders Trust’s Mercy Rehabilitation Hospital Named Top Physical Rehab Center By Newsweek Magazine
Birmingham, Ala. SEPTEMBER 23, 2020 – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce that Mercy Rehabilitation Hospital in Oklahoma City they developed has been named the ‘Best Physical Rehabilitation Center in Oklahoma’ — and one of the best in the country by Newsweek Magazine. The Sanders Trust originally developed […]
News Release: America Development & Investments, LLC Announces Plans for Reunion Rehabilitation Hospital Inverness in Southeast Denver
Denver metro area will have access to a second state-of-the-art Reunion Rehabilitation Hospital September 15, 2020 15:31 ET | Source: Reunion Rehabilitation Hospital DENVER, Sept. 15, 2020 (GLOBE NEWSWIRE) — America Development & Investments, LLC (ADI), a leading healthcare real estate developer based in Dallas, and Reunion IRF announced plans today to open a second Reunion Rehabilitation Hospital […]
News Release: Post Acute Medical to build 42-bed inpatient rehabilitation hospital in Wausau, Wisconsin
NEWS PROVIDED BY Post Acute Medical, LLC Sep 03, 2020, 06:00 ET ENOLA, Pa., Sept. 3, 2020 /PRNewswire/ — Post Acute Medical, LLC (PAM) announced today that it plans to construct a state-of-the-art, 42-bed inpatient rehabilitation hospital in Wausau, Wisconsin, that will serve the greater Wausau region. The 50,000-square-foot, two-story hospital represents a more than $25 million capital investment in Wausau and the surrounding communities. Building […]
News Release: Amid increasing COVID-19 cases across the area, construction on schedule for Atlanta high-rise
FOR IMMEDIATE RELEASE New 19-story, 278,000-square-foot, luxury senior living community – Heartis Buckhead – in the Buckhead area of Atlanta ‘bottoms out’ DALLAS and ATLANTA, Aug. 26, 2020 – Dallas-based Caddis®, a top national healthcare real estate development and investment firm, announces the “bottoming out” of Heartis® Buckhead, a 19-story, 278,000-square-foot, luxury senior living high-rise in […]
News Release: Sr. housing occupancy hits all-time low
Senior housing occupancy decreases sharply in second quarter due to COVID-19 NIC MAP® Data Service shows largest quarterly decline since reporting began in 2005 ANNAPOLIS, Md. (July 9, 2020)—Senior housing occupancy fell 2.8 percentage points in the second quarter of 2020 from 87.7 percent to 84.9 percent, according to new data from NIC MAP® Data Service (NIC MAP) provided […]
News Release: WB Development Partners and New Era Companies Break Ground on a New Inpatient Rehabilitation Hospital in Shreveport, Louisiana
Nobis Rehabilitation Partners Will Manage the Operations of the Inpatient Rehab Hospital DALLAS (PRWEB) JULY 07, 2020 WB Development Partners and New Era Companies purchased land at 1451 Fern Circle, Shreveport, LA, and will commence construction of a 40-bed inpatient rehab hospital. The patients with debilitating illnesses and injuries such as stroke and brain injury, […]
Thought Leaders: Seniors Housing sector is positioned for continued favorable performance in 2020
In a sector already poised for disruption, new innovations such as technology, infrastructure and design are vital to the well-being and safety of residents. The COVID-19 pandemic continues to impact the real estate industry in new ways. Owners and operators in the Seniors Housing sector are facing unprecedented challenges head-on, and have adjusted to apply […]
News Release: Anchor Health Properties Acquires Key IRF in Target Mid-Atlantic Market
FOR IMMEDIATE RELEASE June 15, 2020 (Media, PA) Anchor Health Properties (Anchor), a national full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has recently acquired a 42,140 square foot Class A Inpatient Rehabilitation Facility (IRF) located in Dover, Delaware. Anchor acquired the asset through a joint venture with […]