• On the Block: Another big complex planned for Columbia City, with 242 units and retail
    on April 26, 2018 at 6:56 am

    Investor John Tran of Rainier Pacific Properties bought a sloping 1.5-acre commercial property at 4716 Rainier Ave. S. in 1999 for $2.3 million. The 50-year-old building there is home to a post office and some medical offices. Tran formed a venture with Lake Union Partners in 2015, when planning ... […]

  • HCR ManorCare, about to be sold to Quality Care Properties, could be folded into second deal with ...
    on April 26, 2018 at 3:56 am

    Quality Care Properties, HCR ManorCare's landlord, has 257 skilled nursing properties, 61 assisted living properties, a surgical hospital and medical office buildings in 29 states. HCR ManorCare has a network of more than 500 skilled nursing and rehabilitation centers, memory care communities, ... […]

  • $2 million Montco property earmarked for medical office building, retail
    on April 26, 2018 at 12:00 am

    Colliers International's Upper Macungie Township office helped negotiate a $2 million sale of 7.2 acres along Route 663 and Northgate Boulevard in Pennsburg, Montgomery County. Derek Zerfass of Colliers represented the seller. The land is commercially zoned, and plans call for the purchaser, PB ... […]

  • Investors, shoppers, workers, you have to attract and retain
    on April 25, 2018 at 10:18 pm

    That was among the many changes discussed today during the Business Record's Commercial Real Estate Forum. ... With that in mind, Flix Brewhouse at Merle Hay Mall makes perfect sense, a medical office building going up at Southridge Mall is another example, as are the multifamily developments ... […]

  • Stifel Downgrades 3 Medical Office REITs As Rising Rates Pressure Cost Of Capital, Investment ...
    on April 25, 2018 at 8:26 pm

    A rising interest rate environment is wreaking havoc on many sectors, including real estate investment trusts. Higher interest rates and compressing cap rates have increased the cost of capital and narrowed investment spreads for medical office-focused REITs, prompting Stifel to downgrade three stocks ... […]

  • Duke Realty Reports First Quarter 2018 Results
    on April 25, 2018 at 8:03 pm

    The decrease in Core FFO is due to the first quarter of 2017 including the operations of our medical office properties, which the company sold in a .... on sales of depreciable property, impairment charges related to depreciable real estate assets; plus real estate related depreciation and amortization, and ... […]

  • Orthopaedic Associates sells Delafield real estate to Nashville firm
    on April 25, 2018 at 8:03 pm

    Orthopaedic Associates of Wisconsin, which opened its $23 million town of Delafield facility in June 2016, sold it to Montecito Medical Real Estate. Montecito Medical, which is based in Nashville, Tenn., is an owner of medical office buildings throughout the United States. The 71,000-square-foot facility is ... […]

  • Skokie firm acquires medical facility for $7.2M
    on April 25, 2018 at 6:56 pm

    Stage Equity Partners LLC, a Skokie-based private real estate investment firm focused on health care assets, acquired St. Mary's Medical Office Building in Green Bay, Wisconsin for $7.275 million. The 50,000 square-foot on-campus medical office building is leased to St. Mary's Hospital Medical Center ... […]

  • Physicians Realty Trusthares of Beneficia (NYSE:DOC) Could Improve Your Long Portfolio After ...
    on April 25, 2018 at 6:11 pm

    The company has market cap of $2.71 billion. The companyÂ's portfolio would consists of 19 medical office buildings with approximately 528,048 net leasable square feet located in 10 states. It has a 63.19 P/E ratio. It intends to elect and qualify to be taxed as a real estate investment trust for federal ... […]

  • ProMedica, Welltower in bid to acquire Quality Care Properties
    on April 25, 2018 at 6:11 pm

    Nonprofit hospital network operator ProMedica and healthcare-focused real estate investment trust Welltower Inc. have made a $2 billion offer to ... HCR ManorCare's landlord, spans 257 skilled nursing properties, 61 assisted living properties, a surgical hospital and medical office buildings in 29 states. […]