Healthcare

DALLAS — Methodist Dallas Medical Center has broken ground on the new six-story, $108 million Charles A Sammons Trauma and Critical Care Tower, located in Dallas. The 248,000-square-foot trauma and critical care center will include 58 emergency room beds, six trauma suites, eight surgical suites and a 36-bed critical care unit. The hospital will also have the ability to expand to 11 stories for future growth. The construction will be supported by a $20 million BrightER campaign. Completion is slated for summer 2014.

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EASTLAKE, OHIO — Remedi SeniorCare has acquired Cornerstone Pharmacy, further expanding Remedi's presence in the Midwest. Based in Eastlake, Cornerstone provides pharmacy services to long-term care facilities. Baltimore-based Remedi did not disclose how much it paid for Cornerstone, which has about 90 employees. Remedi now serves more than 15,000 long-term care residents from the mid-Atlantic to the Midwest. The 90 Cornerstone employees will become part of Remedi.

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CHICAGO — Beech Street Capital has arranged a $5.6 million HUD 232/223(a)(7) loan for the refinancing of Peterson Park Healthcare Center, a 188-bed skilled nursing facility in Chicago. Joshua Rosen of Beech Street arranged the 17.5-year loan, which will enable the borrower to keep the same term and amortization period as the existing loan.

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GAINESVILLE, FLA. — Charles Perry Partners has been selected to construct the $30.3 million, 90,000-square-foot University of Florida Harrell Medical Education Building, located in Gainesville. The facility, which will be the medical school's first freestanding building, will serve as a focal point for integration and program development for all primary care educational activities in the College of Medicine. Groundbreaking on the four-story building is scheduled for spring 2013, with completion slated for October 2014.

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GULFPORT, MISS. — The Naval Facilities Engineering Command has selected Satterfield & Pontikes (S&P) Construction to build a 57,000-square-foot Branch Health Clinic, located in Gulfport. The Navy patient care facility will replace the base's 42-year-old health clinic. S&P will demolish two buildings and a manual car wash to build the property, which is designed to achieve LEED Silver certification. Completion is slated for fall 2014.

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CHICAGO — Aviv REIT has acquired a skilled nursing facility in Idaho for $6 million. The property will be triple-net leased to Safe Haven Health Care, an existing tenant since 2008. Safe Haven operates 12 assisted living and skilled nursing facilities in Idaho, two of which are now leased from Chicago-based Aviv. Safe Haven's lease has a seven-year term.

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ST. LOUIS — McGrath & Associates has completed the renovation of the MRI facility at TenetCare, the outpatient diagnostic testing center of Saint Louis University Hospital. BSA LifeStructures was the architect. The two-phase renovation project replaced the existing imaging area with a new MRI exam room and dedicated control room, an updated lobby and new flooring. Construction began in December 2011.

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DALLAS — Carter Validus Mission Critical REIT has closed a $15 million preferred equity investment to redevelop an existing medical office building in Dallas. The hospital will be renamed Walnut Hill Doctors Hospital, which will span 200,000 square feet and include 84 in-patient beds, 16 intensive care units and six operating rooms. The hospital will feature emergency, urgent care, diagnostic imaging, surgery, cardiology and general acute care capabilities. The REIT also has the option to acquire the property after completion of the renovations. The equity investment will be used along with a $34 million construction loan and a $21 million equity investment by a private development group.

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JONESBORO, GA. — Kaiser Permanente has selected McCarthy Building Cos. for the $25 million renovation of the 70,563-square-foot Southwood Comprehensive Medical Center, located at 2400 Mount Zion Parkway in Jonesboro. The project will include increased parking, a new radiology addition and a two-story general addition totaling 65,000 square feet. Gresham, Smith and Partners is the architect of record. Construction is scheduled to begin this fall, with completion slated for January 2014.

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CHICOPEE, SPRINGFIELD AND WESTFIELD, MASS. — Love Funding has arranged four loans totaling $23.7 million for the refinancing of a skilled nursing facility portfolio in Massachusetts. The properties include Willimansett Center East and Willimansett Center West in Chicopee, Chapin Center in Springfield and Governor's Center in Westfield. The Northeast Health Group Inc., a not-for-profit organization, acquired each of the properties in 1995. The buildings are operated by Airamid Health Management. Joshua Hausfeld of Love Funding secured the fixed-rate, 30-year loans through the U.S. Department of Housing and Urban Development's 232/223(f) loan program.

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