Healthcare Real Estate

C.W. Driver Cos. breaks ground on the 88,000-square-foot facility, which will house sports medicine, physical education, athletics and kinesiology studies.

On the “here comes health care” panel at ICSC RECon 2019, moderator Larry Kilduff, development and investment sales at JLL, talked about the changing retail environment and how to place healthcare in the retail environment.

The 11-story building is scheduled to be delivered in late 2020 and will be the first senior living community in The Village at Valley Forge, a 122-acre mixed-use lifestyle village.

As baby boomers age, medical properties continue to rise in popularity, with this sale reportedly being the second largest medical office portfolio sale based on total dollar volume.

The builder opens an office in Newport Beach to serve clients in Los Angeles, Orange County and Inland Empire.

The Watters Creek at Montgomery Farm property is zoned mixed use and is being offered for sale by a partnership between PCCP and Trademark Property Company.

The Bloomfield, NJ-based firm reports it acquired the property, which consists of 70 personal care units and 33 memory care units, on May 14.

This is a diversification play for Omega as well as an opportunity for growth.