Medical Office
Griffin-American Healthcare REIT Acquires Six Buildings for $109M
The healthcare REIT’s addition of the latest six buildings brings its total portfolio value to approximately $1 billion, based on the amount paid for the 121 buildings in 26 states.
Griffin-American Healthcare Acquires Three Assets for $60M
The healthcare REIT has bought two medical office buildings in Tennessee and one in Texas, bringing its total portfolio to 113 buildings.
KKR, Beecken Petty O’Keefe, Coastwood Senior Housing to Invest $130M in Sunrise Senior Living
KKR and two other companies in a JV will invest $130 million in Sunrise Senior Living. The transaction is expected to close in the first half of 2013.
Avon Gets New Cleveland Clinic ER
By Adrian Maties, Associate Editor The Cleveland Clinic opened a new 24-hour adult and pediatric emergency department on Sept. 5 at its Richard E. Jacobs Health Center in Akron. On Aug. 29, the center held a mock training exercise featuring simulated patients and medical scenarios and tasks. The $93 million Richard E. Jacobs Health Center […]
Health Care REIT’s Purchase of Sunrise Good Sign for Seniors Housing
The recent purchase of Sunrise Senior Living by Health Care REIT, making it one of the largest seniors housing owners in the world, points to a generously healthy seniors housing market.
Royal Senior Care Trades 12 Seniors Housing Assets for $230M
Royal Senior Care has sold the bulk of its seniors housing portfolio for $230 million to an Israel-based company.
Newcastle Bullish on Seniors Housing
Newcastle Investment bought eight seniors housing properties in five western states. The increasingly growing need for seniors housing influenced the company’s acquisition.
Seniors Housing Portfolio Attracts $70M Loan from Prudential Mortgage Capital
Prudential Mortgage Capital Co. has footed $70M for a joint venture by two seniors housing communities to build a five-property portfolio, seeing increasing demand for senior housing as an opportune time to invest in such projects.
Health Care REIT Plans to Close Q3 with $925M of Investments
Health Care REIT Inc. is in the midst of acquiring close to $1 billion worth of healthcare-related assets in the third quarter, following its busy second-quarter activity of MOB purchases.
Griffin-American Completes $106.7M Acquisition of Medical Office Portfolio
American Healthcare Investors and Griffin Capital Corp., co-sponsors of the Griffin-American Healthcare REIT II Inc., paid $106.7 million for 14 medical office buildings in nine states.