IRA Capital, Oaktree Acquire 12 Property Medical Portfolio

IRA Capital, Oaktree Acquire 12 Property Medical Portfolio

The 12 property portfolio spans 600,000 square feet. IRA Capital, a prominent Southern California-based private equity firm and a private buyer of healthcare real estate in the United States, announced the acquisition of twelve Class-A Medical Outpatient Buildings (the Portfolio) through a newly established partnership with funds managed by Oaktree Capital Management, L.P. (Oaktree). The…

Planning for Privacy and Accessibility in Public Restroom Design

Planning for Privacy and Accessibility in Public Restroom Design

Locking hardware can impact interior functionality in schools, health care and almost all settings. In addition, the right type of locking hardware can also support emerging design considerations for privacy in institutional, commercial and retail spaces. This is especially true for public restrooms. While restrooms in commercial and retail occupancies must meet several operational considerations,…

Work begins on new hospital in Prince Edward County

Work begins on new hospital in Prince Edward County

Construction is underway to build the new Prince Edward County Memorial Hospital in Picton, Ontario. Crews broke ground on August 1, after years of advocacy and planning. More people in the Bay of Quinte region will be able to access new and improved equipment and facilities such as a larger 24-hour emergency department. The Ontario…

Teams shortlisted for Richmond Hospital Phase 2

The Government of British Columbia announced the shortlist of teams for Phase 2 of the Richmond Hospital redevelopment project. The three shortlisted teams are: Bird Design-Build Construction Inc., Stantec Architecture Ltd., AtkinsRéalis Major Projects Inc., and AtkinsRéalis Canada Inc.; EllisDon Corporation, Dialog BC Architecture Engineering Interior Design Planning Inc., PML Professional Mechanical Ltd., and Houle…

KAI Designs and Builds New Urban League Senior Living Center in St. Louis

KAI Designs and Builds New Urban League Senior Living Center in St. Louis

The $10 million project offers 44 resident units and a community room, among other amenities. KAI joined a diverse crowd of residents, public officials, contractors, clergy and business partners to celebrate the grand opening of the Urban League Senior Living Center in Dellwood, MO. The $10 million project stands on the former site of an…

Designing Healthcare Facilities with Communities in Mind

Designing Healthcare Facilities with Communities in Mind

Designers are leaning on community engagement to better design new facilities. New buildings can have a detrimental effect on communities, driving out longtime members due to price inflation and other factors. However, when a healthcare facility is added to a neighborhood, there is a larger sense of hope as these types of buildings are meant…