Healthcare N Illinois
Skilled nursing facility sells in Chicago's southwest suburbs

Skilled nursing facility sells in Chicago's southwest suburbs

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of a 97-unit, 193-bed skilled nursing facility in Palos Heights, Illinois. Mark Myers, IPA executive managing director, Josh Jandris, IPA senior managing director, and Charles Hilding, IPA director, represented the seller, Providence Life Services, and procured the buyer, an affiliate of Altitude Investments.

Healthcare X Missouri
Andrew Ahlers;S.M. Wilson & Company

St. Louis' S.M. Wilson names project manager

St. Louis-based construction-management firm S.M. Wilson & Co. has promoted Andrew Ahlers to project manager. He is responsible for handling all administrative functions for projects, including scheduling, holding progress meetings, generating meeting minutes, tracking costs and maintaining project logs.

Healthcare Midwest
The evolving world of healthcare: Trend toward freestanding facilities continues

The evolving world of healthcare: Trend toward freestanding facilities continues

The way medical providers treat patients is changing. Patients no longer want to drive to a main hospital building where they might have to fight traffic and hunt for a parking space. Instead, they prefer receiving treatment at smaller, less crowded outpatient centers. This trend is behind a big change from a major medical institution in the Midwest cities of Lexington, Kentucky, and Minneapolis.

Healthcare N Illinois
Olivia Wirth;HSA PrimeCare

Olivia Wirth promoted at HSA PrimeCare

HSA PrimeCare, the national healthcare real estate division of Chicago-based HSA Commercial Real Estate, has promoted Olivia R. Wirth to director of marketing and senior associate of leasing/development. Wirth has been with HSA PrimeCare for five years and she provides leasing and other services for the division’s top health care provider clients.

Healthcare Midwest
The MOB portfolio includes Christ Hospital Surgery Center at 4850 Red Bank Road in Cincinnati.

Welltower, CNL Healthcare exchange $1.25 billion MOB portfolio

Welltower Inc. and CNL Healthcare Properties have entered into a definitive agreement under which Welltower will acquire a Class A medical office and outpatient facilities portfolio comprised of 55 buildings from CNL Healthcare Properties for $1.25 billion. The sale is expected to close during the first half of 2019, subject to customary closing conditions, governmental and other third-party consents.