Healthcare Real Estate

Quality Care Properties has also entered into an agreement with ProMedica Health System for it to acquire HCR ManorCare when it completes its Chapter 11 bankruptcy.

“This acquisition fits squarely into our primary investment strategy of acquiring medical office buildings in secondary and tertiary markets with strong tenants.”

The facility at the NewYork-Presbyterian/Weill Cornell Medical Center campus invests in technology for patient care.

“We are seeing an uptick in the overall Southeast medical office market as both population growth and positive economics converge,” says Bruce Ford, Transwestern southeast president.

Rand Stephens says ridership is declining in both rail and bus services across the country because of lower gas prices, increased telecommuting, rising car ownership and of course, ridesharing with UBER and Lyft.

Once the transaction closes, the Munroe Regional Medical Center will be the second largest hospital in Adventist's West Florida division and the third largest in the Adventist Health System and marks its entrance into Marion County.

Modesto is recording heightened demand for medical facilities due to rapid growth in the area and providers are looking to expand services in a lower cost, higher quality and more efficient manner.

“We believe the perceived risk in many cases is higher than the actual risk,” says iBorrow's Brian Good, who has seen an increase in activity for healthcare and medical office product.