Premier Healthcare commercial real estate news, analysis, trends and information including hospital, health system space use, medical office buildings, skilled nursing, post acute care and rehabilitation facilities.
The NIC reports that overall occupancy at skilled nursing facilities held firm at 82.4% at the end of the fourth quarter of 2018, which was virtually unchanged from the third quarter of 2018 and down 35 basis points from 82.8% in the fourth quarter of 2017.
The seven-story 939 Ellis, which Seavest Healthcare Properties acquired in June 2018 for $49 million, consists of 87,189 square feet of rentable office space, and 53 parking spaces. The acquisition marked Seavest's entrance into the San Francisco real estate market.
The residential and commercial developer tapped Nichols to help it expand development of independent living, assisted living, memory care, and active adult communities.
Listen to an exclusive interview with Jeff Kozek and Jim Gallagher, construction litigation consultants, who say there are five broad construction litigation trends developers should keep in mind during 2019.
Private practice physicians have added regulations, insurance mandates, reporting requirements, rising costs, lower reimbursements, urgent care demand and consolidations so more are joining healthcare groups.
Boyd's proactive approach ensures projects ranging from office buildings to research laboratories to bio-fuel manufacturing facilities stay on track, Cushman & Wakefield says.
The project will be built on approximately10-acre site of the 184-acre property being developed by the Soffer family of Miami and the LeFrak family of New York City.