Tag: Health Care

NorthStar Healthcare Closes $639.3 Million Senior Housing Portfolio

Posted 06.15.2015 | Categories: Medical Office/Healthcare | No Comments

NEW YORK, — NorthStar Healthcare Income, Inc. (NorthStar Healthcare) announced the closing of the acquisition of a $639.3 million portfolio of continuing care retirement communities (CCRCs) from subsidiaries of Fountains Senior Living Holdings, LLC. The portfolio will continue to be operated by Watermark Retirement Communities, Inc. (Watermark), a national operator of senior living facilities and […]

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Hospital Chains Make Big Money In Real Estate By Unloading Properties

Posted 06.01.2015 | Categories: Medical Office/Healthcare | No Comments

The move away from inpatient care towards services provided outside of the hospital setting is leading many healthcare systems to sell off properties owned by their hospitals in an effort to scale back and raise some extra cash. For example, Weill Cornell Medical Center in New York City recently gained $65 million by selling 21,000 […]

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Griffin, American Acquire Five MOBs for $46M

Griffin, American Acquire Five MOBs for $46M

Posted 04.08.2013 | Categories: Medical Office/Healthcare | No Comments

American Healthcare Investors and Griffin Capital Corp., sponsors of Griffin-American Healthcare REIT II Inc., has acquired five medical office buildings in four states, including two buildings in Michigan, for $46 million.

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Health Care REIT Closes $3.4B Purchase of Sunrise

Health Care REIT Closes $3.4B Purchase of Sunrise

Posted 01.10.2013 | Categories: Featured, Senior Housing/Assisted Living | No Comments

TOLEDO, OH—Health Care REIT Inc., based here, said Wednesday that it has closed its $3.4 billion acquisition of Sunrise Senior Living Inc., but will be acquiring additional joint venture partner interests in Sunrise properties, for a total of $900 million, by July.

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Seniors Housing Investors Focus on Smaller Deals in 2012

Seniors Housing Investors Focus on Smaller Deals in 2012

Posted 08.07.2012 | Categories: Senior Housing/Assisted Living | No Comments

When it comes to the seniors housing investment sales climate, experts are calling 2012 the year of the small deal.

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Senior Housing: Crain’s Special Report: The graying of Chicago

Senior Housing: Crain’s Special Report: The graying of Chicago

Posted 02.09.2011 | Categories: Senior Housing/Assisted Living | No Comments

More than 2 million Chicago-area baby boomers begin turning 65 this year, unleashing a demographic wave that will last nearly two decades and transform nearly every part of the local economy.

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Healthcare: St. Vincent’s Votes to Shut Hospital in Manhattan

Healthcare: St. Vincent’s Votes to Shut Hospital in Manhattan

Posted 04.12.2010 | Categories: Medical Office/Healthcare | No Comments

Struggling hospital’s board votes to shutter its inpatient facility in Greenwich Village, clearing path to Chapter 11 filing.

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Apartment, Health REITs to Rebound First

Posted 04.07.2010 | Categories: Medical Office/Healthcare, Self Storage | No Comments

Jay Leupp, manager of the Grubb & Ellis AGA US Realty Fund(GBEUX), expects real estate investment trusts that invest in apartments, health care and self-storage sites to gain.

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Healthcare: Sloan-Kettering top bidder for Cabrini site

Healthcare: Sloan-Kettering top bidder for Cabrini site

Posted 01.26.2010 | Categories: Medical Office/Healthcare | No Comments

Memorial Sloan-Kettering Cancer Center made a last-minute, $80.1 million bid earlier this week for the five-building complex that once housed the Cabrini Medical Center. The bid tops by a mere $100,000 a December offer from developer J.D. Carlisle.

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Healthcare: Putting docs in Duane Reade pays off

Healthcare: Putting docs in Duane Reade pays off

Posted 01.26.2010 | Categories: Medical Office/Healthcare | No Comments

Putting its doctors to work next to the shampoo and toothpaste aisles in a chain of New York City drugstores is paying off for a big Manhattan hospital system. Continuum Health Partners’ two-year-old arrangement to place its physicians in walk-in medical clinics at Duane Reade pharmacies has done even better than the health system hoped.

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