Real Estate news and information

Some of the nation's largest healthcare landlords are pulling back from nursing homes on concerns they will be less profitable in an era of steep Medicare and Medicaid cuts.
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Taking advantage of the weak suburban office market, Advocate Health Care is moving its headquarters to Downers Grove, Ill.,from Oak Brook, Ill., this spring, the state's largest health system confirmed on Friday.
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The economy, changes in legislation, and healthcare delivery innovations all contribute to evolving trends in the design and construction of health care and research facilities. To keep up with the changing healthcare landscape and remain state-of-the-art, facility design must be visionary,...
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The parent of not-for-profit Licking Memorial Hospital, Newark, Ohio, has completed its $26 million deal to buy 20-bed Medical Center of Newark, according to a news release.
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Athenahealth, the Watertown, Mass.-based health information technology firm, has a deal to buy “Arsenal on the Charles,” the 11-building complex owned by Harvard University, for $168.5 million.
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Montefiore Medical Center, New York, has signed a lease to operate an ambulatory-care center in an 11-story, 280,000-square-foot building to be built on a suburban-style medical complex in the Bronx.
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Presence Health, formed in the merger last year of Mokena, Ill.-based Provena Health and Chicago-based Resurrection Health Care, plans to move its headquarters to 200 S. Wacker in Chicago's Loop, the company and city announced this morning.
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A list of the nation's 12 largest publicly traded healthcare real estate investment trusts ranked by market capitalization, as of July 31. Source: National Association of Real Estate Investment Trusts. Published Sept. 10, 2012, p. 34.
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Mount Sinai Hospital has teamed up with New York's Simone Development Companies to bid on a former 90,000-square-foot former elementary school building on Long Island.
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A venture that includes an Alabama chain of surgical centers wants to move its north suburban location from Libertyville, Ill., to a new $10 million facility about a mile west in Vernon Hills, where it could cut into the number of operations done at Northwestern Lake Forest Hospital and Highland...
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