Hialeah Gardens Skilled Nursing Facility Sells For $43 Million

The Signature Healthcare Center of Waterford skilled nursing facility at 8333 W. Okeechobee Road, Hialeah Gardens 760x320

The Signature Healthcare Center of Waterford skilled nursing facility in Hialeah Gardens sold for $43.16 million.

Hialeah Gardens SNF LLC, managed by Ira Smedra of the Arba Group in Los Angeles, sold the 214-unit skilled nursing facility at 8333 W. Okeechobee Road. The buyers were Waterford Propco LLC, Waterford TIC 1 DM Member LLC, and five other entities with similar names.

The buyers assumed the seller’s $19.53 million mortgage, which was taken over by VNB New York and boosted to $59.84 million.

The property last sold for $29.3 million in 2019.

Totaling 65,132 square feet in three stories, the facility was built on the 1.97-acre site in 1986.

 

Source: SFBJ

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Land Near SeaWorld Scooped Up For More Than $1M An Acre For Future Acute Care Hospital

9278 turkey lake road parcel

Upshot Capital Advisors purchased a sliver of property a short drive from SeaWorld and the Orange County Convention Center in the heart of Orlando’s tourism district this week for more than $1 million per acre.

With the $7.5 million acquisition of the 5.5-acre parcel at 9278 Turkey Lake Rd, the company is planning to build a standalone long-term acute care hospital, according to Orange County records.

It is unclear as to which healthcare provider would be taking over the building once the project is complete.

 

Source:  Growth Spotter

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Health Care Provider Proposes Facility Near West Palm Beach

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A local senior health care provider filed plans to build a larger facility near West Palm Beach.

Cagigas Family Holding Co., an affiliate of Cagigas Medical Center, submitted a small-scale land use amendment to Palm Beach County concerning the 2.11-acre site at 1248 S. Military Trail. It currently has a 2,500-square-foot commercial building that previously housed an arcade.

The medical group purchased the property for $1.07 million in 2019. It’s located a few blocks north of Forest Hill Boulevard. Cagigas Medical Center currently operates out of a leased space less than a block away at 1401 S. Military Trail.

It aims to change the land use from “general commercial” to “urban infill” to build 18,000 square feet of medical offices and 2,710 square feet of retail.

The medical group serves Medicare and Medicaid beneficiaries.

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$61M Medical Facility Planned In Homestead

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A developer has proposed an outpatient medical facility in Homestead with an estimated development cost of $60.6 million.

The city’s Development Review Committee on Oct. 18 will consider plans for Homestead Medical Center. It concerns the vacant site of 4.6 acres on the west side of Southwest 137th Avenue, just south of Northeast 16th Street. It’s on the west side of Homestead Air Reserve Base.

Leg I Parthica LLC, managed by Joel Campo in Miami, has the property under contract from Doral-based BDG Grove Plaza LLC, managed by Daniel Alonso.

Homestead Medical Center would total 140,000 square feet in five stories. It would include a 10,310-square-foot outpatient surgical center, 5,110 square feet of adult day care, a 10,347-square-foot imaging/diagnostic center and the balance of the space medical office. There would be 617 parking spaces, with 415 of them in a 5-story parking garage.

 

Source:  SFBJ

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Palm Medical Announces The Opening Of New Senior Primary Care Center In Aventura

Palm Medical Center_16241 Biscayne Blvd 760x320

Palm Medical Centers, an MBF Healthcare Partners II, L.P. (“MBF”) portfolio company, and one of the largest independent primary care medical groups in Florida, announced the opening of its 24th senior primary care clinic in Aventura.

The new center, located at 16241 Biscayne Blvd., opened for new patients September 8th and will hold its official grand opening on October 15th. Bringing a proven quality-focused clinical support program to Aventura, Palm Medical Centers looks to grow its membership base of more than 34,000 patients in value-based managed care programs and build on its footprint in Miami-Dade County.

“With our enhanced operational and clinical platform, we can continue to efficiently scale our number of centers while maintaining a concierge level of care for our patients,” said Patricio Casillas, COO of Palm Medical Centers. “Our care model has translated well across the different regions we serve. With the addition of the Aventura clinic, along with two others slated to open during Q4 2022, we will operate across 7 counties in Florida, setting us up to continue our strategic expansion in 2023.”

 

Source:  Valdosta Daily Times

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