Grubb & Ellis Healthcare REIT II Enters Agreement to Acquire Parkway Medical Center near Cleveland (PR Newswire via Yahoo! Finance)

Grubb & Ellis Healthcare REIT II, Inc. today announced that it has entered into an agreement to acquire Parkway Medical Center, a two-building medical office portfolio totaling approximately 88,000 square feet in the Cleveland suburb of Beachwood. Â The acquisition is subject to customary closing conditions and the satisfaction of other requirements as detailed in the agreement. Â

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Grubb & Ellis Healthcare REIT II Enters Agreement to Acquire Parkway Medical Center near Cleveland (PR Newswire via Yahoo! Finance)

Grubb & Ellis Healthcare REIT II, Inc. today announced that it has entered into an agreement to acquire Parkway Medical Center, a two-building medical office portfolio totaling approximately 88,000 square feet in the Cleveland suburb of Beachwood. Â The acquisition is subject to customary closing conditions and the satisfaction of other requirements as detailed in the agreement. Â

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DCH retains stable financial rating, despite 2009 losses (The Iron Mountain Daily News)

IRON MOUNTAIN – Dickinson County Healthcare System suffered a bottom-line loss of nearly $1.5 million in 2009, but officials are hopeful for a modest rebound in 2010. In a press release, DCHS pointed to a stable rating issued by Moody’s Investor Services for revenue bonds that financed construction of Dickinson County Memorial Hospital and subsequent additions.

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DCH retains stable financial rating, despite 2009 losses (The Iron Mountain Daily News)

IRON MOUNTAIN – Dickinson County Healthcare System suffered a bottom-line loss of nearly $1.5 million in 2009, but officials are hopeful for a modest rebound in 2010. In a press release, DCHS pointed to a stable rating issued by Moody’s Investor Services for revenue bonds that financed construction of Dickinson County Memorial Hospital and subsequent additions.

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