BLACKSWAN Real Estate has learned from a reliable source that an offer in the “tens of million of dollars” to purchase a non-essential building owned by St. Vincents was recently submitted to the Grant Thornton restructuring team currently managing the crisis. Furthermore, BLACKSWAN learned that the property in question in lower Manhattan had been marketed [...]
Read more →TOLEDO, Ohio — Health care real estate firm Health Care REIT made gross investments of $717 million in 2009, down about 41 percent from the prior year.
The bulk of the 2009 investments were in construction projects for medical office buildings and specialty care facilities, according to a statement from the company. The gross investments were [...]
If you rent, experts advise negotiating lower rates or seeking various perks. If you own and lease space to others, customer service is increasingly important.
Would you like a golf club membership with your medical office lease? How about a few months of free rent? Fresh paint for the walls? How about just lower rent?
“Everybody is [...]
Income investors have long loved real estate investment trusts for their high dividend yields. But that was especially true when the housing market was inflated.
Now, REITs are a bit trickier.
That doesn’t mean income investors should ignore them. There are pockets of strength for real estate. Health care REITs make up one of those.
Take Nationwide Health [...]
Construction crews have been transforming three floors of a Rutherford building into a medical office where patients will be able to get tooth implants, a face lift or routine medical exams.
Business executives could stay in one of two VIP waiting rooms, each with a full bathroom, sofa, recliner, desk and TV. On their way out, [...]
An HFMA Healthcare Financial Pulse Resource
Although residential real estate markets remain mired in a widespread and persistent slump, commercial real estate investors continue to see opportunity in the healthcare market. As a result, many health systems are carefully eyeing ways to derive cash from their balance sheets by selling some of their real estate holdings—particularly [...]
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NEWPORT BEACH, CA-Nationwide Health Properties Inc., along with reporting positive earnings Monday, said that it has struck a deal to buy seven medical office buildings totaling 800,000 square feet from Pacific Medical Buildings LLC of San Diego for between $275 million and $300 million. The healthcare properties REIT described its agreement with PMB as a [...]
Read more →Aurora Health Care Inc. has sold 10 eastern Wisconsin buildings to a Massachusetts-based real estate investment trust for $169 million, a company spokesman said Friday.
Aurora sold the medical office buildings and outpatient surgery centers to SNH Medical Office Properties Trust Inc., a real estate investment trust based in the Boston area, said Aurora spokesman Ron [...]
InSite Medical Properties of Denver said it has sold its interest in two medical-office portfolios in nine states to its joint-venture partner in the portfolios, Nationwide Health Properties Inc. (NHP)
The portfolios include 36 properties with total space of 1.3 million square feet.
Terms were not disclosed.
InSite Medical Properties is a medical office investment and management affiliate [...]
Shelbyville will soon see some growth near Heritage Medical Center with the planned construction of two new medical office buildings.
Next week, Shelbyville’s planning commission will consider site plans for two structures — a 30,000-square foot, two-story medical office building to be located on Frank Martin Road across from the Bedford County Emergency Medical Service offices [...]
