by David G. Stevenson1 and David C. Grabowski
Assisted living has emerged as an important housing and long-term care option for older Americans. To date, development of this sector has occurred largely without government financing or regulation. In this study we used primary data that we collected on county-level assisted living supply to gain a fuller understanding of this sector nationally.
Read more →
Raising a record $24.2 billion in equity, REITs had a banner year in 2009, recovering spectacularly from their lows. The Vanguard REIT Index more than doubled between the spring of 2009 and January 2010. In spite of declining fundamentals across property types, REITs proved to be an attractive investment to investors.
Read more →
BLACKSWAN Real Estate has learned from a reliable source that an offer in the “tens of million of dollars” to purchase a non-essential building owned by St. Vincents was recently submitted to the Grant Thornton restructuring team currently managing the crisis. Furthermore, BLACKSWAN learned that the property in question in lower Manhattan had been marketed [...]
Read more →
from The Greeneville Sun
The Takoma Medical Office Building, which houses physicians associated with Takoma Regional Hospital, has been sold to Frauenshuh Healthcare Real Estate Solutions in Minnesota.
The physicians will continue to operate in their current location on East Vann Road across from Greeneville Middle School, according to Daniel Wolcott, Takoma’s president and CEO.
Wolcott stressed that [...]
It’s been a year since opened its new 24/7 Urgent Care facility in the 36,000 square foot expansion to South Kitsap Medical Campus in Port Orchard. The visually striking building with its two story curving glass-fronted atrium connects seamlessly to the original 33,000 sq.ft. gray block building and gives the South Kitsap Medical Campus an exciting new look.
Read more →
The condo in Rancho Palos Verdes, Calif., has three bedrooms, three bathrooms and sweeping ocean views. It can be yours for just under $2.6 million. There’s one catch: If you buy it, you will be able to use it for only 60 days a year and no more than 29 days in a row.
Read more →
Landlords don’t typically expect to set leasing records in a severe economic downturn, but the Long Island industrial real estate market is proving to be a welcome anomaly. With a 4.5 percent vacancy rate that is the lowest of any industrial market in the country, Long Island’s 6,200 warehouses appear to be weathering the recession handily.
Read more →
A 165-acre suburban industrial site that has been dormant for at least a year could become a mixed-use development in years to come. Orlando-based New Broad Street Cos. says it has a contract with Detroit-based General Motors to buy its former automotive plant in suburban Doraville.
Read more →
Digital Realty Trust, Inc. (NYSE:DLR), the world’s largest wholesale datacenter provider, has completed a Turn-Key Datacenter[R] lease agreement with Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading global provider of managed IT infrastructure services.
Read more →
Economic pressures are prompting many physicians to sublease underutilized office space. A good match can help reduce overhead and help grow a practice. Alice Fuisz, MD, an internist in Washington, D.C., has space for rent.
Read more →
Two bills with bipartisan support have been introduced in the Washington Legislature that could potentially jump-start data center construction activity in the state and create thousands of jobs.
Read more →
Loading ...