Archive for September, 2010

Market’s Black Swan Ending for September

Posted 09.30.2010 | Categories: Uncategorized | No Comments

Stocks inched up after the open Thursday, as the third estimate for Q2 GDP came in at 1.7 percent, slightly higher than consensus of 1.6 percent. Initial jobless claims for the week were also slightly better than expected.

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Healthcare: Grubb & Ellis Healthcare REIT II Acquires $45 Million Skilled Nursing Facility Portfolio in Virginia

Posted 09.30.2010 | Categories: Medical Office/Healthcare | No Comments

Grubb & Ellis Healthcare REIT II, Inc. today announced that it has acquired a seven-building portfolio of skilled nursing facilities located throughout Virginia.

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Senior Housing: County aids $10-million project

Posted 09.30.2010 | Categories: Senior Housing/Assisted Living | No Comments

Plans to demolish, clean up and redevelop portions of the former Leelanau Memorial Health Center in Northport received a boost Tuesday following action by the Leelanau County Board of Commissioners.

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Healthcare: CON board approves Trinity’s 280 move

Posted 09.30.2010 | Categories: Medical Office/Healthcare | No Comments

Trinity Medical Center received Certificate of Need approval Wednesday from the state’s review board for its move to the digital hospital on U.S. Highway 280.

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Senior Housing: San Jose senior housing complex breaks ground

Posted 09.30.2010 | Categories: Senior Housing/Assisted Living | No Comments

Groundbreaking is taking place Wednesday on a 185-unit senior complex in San Jose, the developers said.

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Healthcare: Ventas to Develop 250,000 Square Foot Medical Office Building for Woman’s Hospital in Baton Rouge

Posted 09.30.2010 | Categories: Medical Office/Healthcare | No Comments

Lillibridge Healthcare Services, Inc. expects to commence construction on a $40 million, 250,000 square foot medical office building to be located on the campus of the new $350 million Woman’s Hospital in Louisiana, a replacement hospital campus that will be aesthetically pleasing, technologically advanced, and focused on an exceptional patient experience.

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Senior Housing: Senior Housing Properties Trust Jumps to 52-Week High; SNH, EQR, CPT

Posted 09.30.2010 | Categories: Senior Housing/Assisted Living | No Comments

Senior Housing Properties Trust (SNH) established a new 52-week high yesterday at $24.35. Clearly investors are enthusiastic about the firm’s prospects. The rally was accompanied by higher than average volume, which adds to the momentum behind yesterday’s move.

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Senior Living: Health Care REIT, CommonWealth REIT To Sell Shares; Stocks Down

Posted 09.30.2010 | Categories: Medical Office/Healthcare, Senior Housing/Assisted Living | No Comments

Two real-estate investment trusts announced stock offerings Monday.

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Healthcare: Medical, health buildings bright spot in commercial real estate market

Posted 09.29.2010 | Categories: Medical Office/Healthcare | No Comments

Mercy Medical Center is converting a former Giant grocery store in Lutherville into a hub where patients can go for lab work, minor surgeries and to visit primary care physicians.

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Healthcare: Work starts on $284 million Santa Rosa Sutter hospital

Posted 09.29.2010 | Categories: Medical Office/Healthcare | No Comments

It isn’t every day, nor even every decade, that Santa Rosa gets a new hospital.

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