Saturday, March 9, 2019

Pathway to Living Begins Pre-Leasing at Heartis Village of Brookfield in West Suburban Milwaukee; In addition, Heartis Village North Shore, the firm’s second assisted living and memory support community under construction in the Milwaukee area, is set to open this month

Maria Oliva
CHICAGO, IL — Pathway to Living, a Chicago-based developer, owner and operator of senior living communities,  announced the start of pre-leasing at Heartis Village of Brookfield, a 104-unit assisted living and memory support community in Brookfield, Wis. Situated on 10 acres at 16100 W. Greenfield Ave., about 12 miles west of Milwaukee, the community is scheduled to open in September 2019.

“Pathway to Living continues to increase its footprint in the Milwaukee area with the start of leasing at our newest community, Heartis Village of Brookfield,” said Maria Oliva, chief operating officer at Pathway to Living, which will operate the community on behalf of its developer, Caddis Healthcare Real Estate.

 “This marks our fourth community in Wisconsin, so we have a vested interest here and are very proud to be part of the team that is expanding housing options for local seniors in search of the rich programming and quality care that each Pathway community provides.

Christine Denton
“As work on Heartis Village of Brookfield continues, we are preparing to welcome the first residents to Heartis Village North Shore, located along the Milwaukee River in Glendale,” continued Oliva.

“In serving different parts of the metro, these communities allow seniors to stay closer to family and friends while enjoying nearby amenities ranging from retail and restaurants to green spaces that serve as an extension of our own wellness offerings.”

Team members available to answer questions and provide information on the new community include Executive Director Christine Denton and Lifestyle Specialist Valerie Neely.

For more information on Heartis Village of Brookfield or to schedule an appointment, visit or call (262) 422-6108.

 For more information on Heartis Village North Shore or to schedule an appointment, or call (414) 409-6700.


 Kathryn Kjarsgaard, (312) 267-4514
Abe Tekippe,, (312) 267-4528

Marcus & Millichap Arranges $2.7 Million Sale of 3,950-SF Starbucks/Verizon Center Retail Site in Pensacola FL

Starbucks/Verizon, 2200 W Nine Mile Road, Pensacola, FL

Michael L. Glass
PENSACOLA, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Starbucks/Verizon Center, a 3,950-square-foot retail property located in Pensacola, FL, according to Michael L. Glass, regional manager of the firm’s Columbus office. The asset sold for $2,700,000.

Dan Yozwiak
Dan Yozwiak and Nathan Coe, investment specialists in Marcus & Millichap’s Columbus office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. 

  The buyer, a private investor, was secured and represented by Carlos Zendejas. Ryan Nee, Regional Manager, Broker of Record for the firms Fort Lauderdale office, assisted in closing this transaction.

Carlos Zendejas
Starbucks/Verizon Center is located at 2200 W Nine Mile Road in Pensacola, Florida. The property sits on 1.25 acres and is located at a four-way intersection.

The property features a drive thru and 35 parking spaces with Starbucks recently undergoing an interior remodel.

 This area has recently undergone explosive growth both in residential development as well workforce expansion in the office and retail sector.

Ryan Nee


Kelly Slover
Certified Agent Support Specialist
Marcus & Millichap
Crown Centre
5005 Rockside Road, Suite 800
Independence, OH 44131
(216) 264-2000 main
(216) 264-2010 fax

HFF announces sale of two-property multi-specialty medical office portfolio near Hartford, CT

460 Hartford, Vernon, CT
CHICAGO, IL –– Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of a two-property portfolio that includes 460 Hartford, a 36,000-square-foot, multi-specialty outpatient facility, and 8 Keynote, a 22,500-square-foot home health service facility. 

Ben Appel
 Both properties are fully leased to Eastern Connecticut Health Network (ECHN), a wholly-owned subsidiary of Prospect Medical Holdings, and are in the Hartford-area community of Vernon, Connecticut. 

The HFF team represented the seller, Bellevue Street Capital LLC.  Global Medical REIT Inc. purchased the assets.  This sale was part of a larger transaction consisting of an eight-property portfolio of hospital-occupied medical office buildings.  

460 Hartford was redeveloped in 1999 and is home to DaVita Dialysis, the second largest dialysis provider in the area, which draws patients from the Connecticut-Rhode Island border to West Hartford. 

Evan Kovak
8 Keynote houses the operations for the ECHN’s home health care.  The Prospect Eastern Connecticut Health Network is a two-hospital, 242-bed, for-profit health system with campuses within a 10-mile radius of the portfolio. 

The HFF team representing the seller included managing directors Ben Appel and Evan Kovac, director Andrew Milne, senior director Bryan Rosenberg, senior managing director Dana Brome and associate Ron Ott.

“In all of its markets, Prospect Medical Holdings owns hospitals that service a very important patient service area,” Appel said. 

Andrew Milne
“For that reason, combined with their expertise in delivering healthcare, Prospect’s hospitals typically control dominant market share. 

"These types of transactions in which a hospital monetizes owned real estate naturally attract a lot of high-quality, institutional healthcare real estate capital.”

“This transaction would not be possible without Prospect Medical Holdings’ long-term commitment and continued reinvestment in the ECHN health network into the communities it serves” said Alan Lagunov, a principal with Bellevue Street Capital LLC. 

Dana Brome
About Bellevue Street Capital LLC
Bellevue Street Capital (“BSC”) is a Chicago-based private equity firm with investments across multiple assets classes including, office, medical office, industrial, and multi-family.

The principals of BSC have bought, developed and sold over $200M worth of real estate in the past 10 years.

About Global Medical REIT Inc.
Global Medical REIT Inc. is a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to strong clinical operators with leading market share.

Ron Ott

The company’s management team has significant healthcare, real estate and public real estate investment trust, or REIT, experience and has long-established relationships with a wide range of healthcare providers. 

Alan Lagunov
The company elected to be taxed as a REIT for U.S. federal income tax purposes commencing with its taxable year ending December 31, 2016. 

Visit for more information.


HFF Managing Director
(484) 532-4200

CT Lic. #RES0078040
HFF Senior Managing Director
(617) 338-0990

HFF Digital Content/Public Relations Specialist
(713) 852-3420