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Medical Mile Developer’s $50M Apartments Hit ‘Untapped Market’ Of Students, Professionals

Posted 06.24.2015 | Categories: Student Housing, Uncategorized | No Comments

    GRAND RAPIDS, MI – A Georgia real estate developer wants to build a 287-unit apartment project along the city’s Medical Mile to meet the demand for housing by young professionals and students. The $50 million-plus project would be built north of Michigan Street NE and replace 16 houses and a commercial building used […]

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Good Shepherd sells medical offices, other buildings in $68.5M deal

Posted 01.06.2015 | Categories: Featured, Medical Office/Healthcare, Uncategorized | No Comments

Good Shepherd Health System sold nine medical offices and other buildings this past month in a $68.5 million deal an official said improves the Longview-based system’s financial situation and the focus on its core health care mission. The sale includes the Institute for Healthy Living on Hawkins Parkway and Medical Plaza buildings on East Marshall […]

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MOB Trades Top $1 Billion in Volume  Following Record Quarter

MOB Trades Top $1 Billion in Volume Following Record Quarter

Posted 05.30.2013 | Categories: Uncategorized | No Comments

Medical office building investment sales volume totaled approximately $1.09 billion in first quarter 2013, following the most active single quarter in the industry’s history when over $5.57 billion in quarterly volume was reported in fourth quarter 2012. A significant drop in volume is to be expected when comparing fourth quarter to first quarter volumes, as […]

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SUNY Board Votes to Close LICH in Brooklyn

SUNY Board Votes to Close LICH in Brooklyn

Posted 02.11.2013 | Categories: Uncategorized | No Comments

NEW YORK CITY-The money-losing Long Island College Hospital, part of SUNY Downstate Medical Center in Brooklyn, appears fated to close its doors.

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Healthcare: DaVita Anchored MOB Sells For $3.7M

Posted 04.23.2012 | Categories: Medical Office/Healthcare, Uncategorized | No Comments

CH Castor LP purchased the medical office building at 7198 Castor Ave. in Philadelphia, PA from an LP for $3.7 million, or about $167 per square foot. The 22,139-square-foot building was constructed in 1950 with a complete renovation in 2010. It is in the Northeast Philadelphia submarket and was fully-leased to multiple tenants including DaVita […]

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Thriving Corporate Park Spurs Growth in Bronx

Posted 06.16.2011 | Categories: Uncategorized | No Comments

When Joseph Simone, the president of Simone Development Companies, bid $3.7 million at a state auction for a weedy 18.5-acre site in the Bronx, skeptics wondered what such a normally astute businessman could possibly be thinking.

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What Impact Will Debt Ceiling Decision Have On Commercial Real Estate?

Posted 06.09.2011 | Categories: Uncategorized | No Comments

Depending On What Congress Does Between Now and Aug. 2, Scenarios Range from Modest Slowdown in the Recovery to Dire Economic Consequences

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Student-Housing Developments Gain Respect

Posted 06.02.2011 | Categories: Uncategorized | No Comments

Returns of REITs Owning the Complexes Rise Along With New Projects and Sales; No Longer the ‘Animal House’ Image

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The Failure of Portfolio Return Diversification

The Failure of Portfolio Return Diversification

Posted 03.08.2011 | Categories: Uncategorized | No Comments

With a substantial number of markets starting to see prices increase, we can now look back on the real estate downturn and begin to draw some conclusions and lessons from the experience.

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Lessons Learned

Posted 03.02.2011 | Categories: Uncategorized | No Comments

When the first employees moved into the Department of Energy’s new research facility here last summer, a whole lot of people were watching—with a whole lot of anxiety.

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