NEWMARK KNIGHT FRANK

June 2015

RIVERSIDE: Corona Firm Clinches $4.6 Million Land Deal in March LifeCare Medical City

Signature Behavioral Healthcare, one of the largest privately-held psychiatric hospital companies in the nation, has acquired seven acres at March LifeCare Medical City in Riverside County to build and operate a 150-bed treatment center.

Megatrends Push Senior Living Development Interest to New Highs

Investors have a new dose of confidence in the nation’s strengthening commercial real estate market, and that includes the market for senior living development, a recent survey suggests.

An “Ahhh”- Inspiring Dental Clinic

Studio Dental Inc. is making it a lot harder for patients to put off their biannual cleanings. Founders Dr. Sara Creighton and CEO Lowell Caulder have created the 26-foot-long Studio Dental Mobile Unit to deliver dental services to offices around San Francisco.

Healthcare Job Boom Continues in May

The healthcare industry added 46,800 jobs in May, nearly matching April's largest monthly increase this year. The U.S. economy overall added 280,000 jobs—meaning about 1 in 6 were in healthcare—and the unemployment rate was rose to 5.5% from 5.4% in April.

HFMA Conference

We will be at Healthcare Financial Management Association (HFMA) Conference in Orlando, FL June 22-24. Visit us at our booth #856!

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