Healthcare Real Estate

A private buyer has acquired a 16,457-square foot CVS Pharmacy in Los Angeles in a 1031 exchange.

Citing red flag concerns, PG&E will begin shutting off the power to communities in several stages today, depending on wind conditions, starting with counties in the northern part of the state.

Michael W. Arvin joins New Era Partners as executive vice president of strategy and development, bringing more than 30 years of experience as a healthcare executive to the company.

With a need to find healthcare facilities in challenging areas, developers focus on property conversion.

Separately, Greystone secured a $48 million Freddie Mac loan to refinance a seniors housing property on behalf of Harbert Seniors Housing Fund I.

The investor secures a $17 million bridge loan to acquire the San Diego medical office property.

The Pennant Group will focus on home health, hospice and senior living businesses, while Ensign will continue to invest in the skilled nursing asset class.

Distinguished leaders at the CREW Network Convention last week candidly shared their paths to success and discussed overcoming challenges including what they have learned through those experiences.