Actions & Transactions, Sept. 9
Posted OnSeptember 9, 2021 byBy: Kathleen Gaivin | McKnight’s Senior Living
Digital Bridge announces $3.2B sale of 300-property portfolio of senior housing, skilled nursing, medical office buildings and hospitals … CHA Partners announces new care community … Ziegler closes $20.65M financing for Friendship Village Senior LivingRead More
Amid continued uncertainty in the market, how should office landlords and tenants approach lease renewals in 2022?
Posted OnSeptember 9, 2021 byBy: Joshua Burd | RE-NJ Roundtable
As landlords are negotiating lease renewals, flexibility and creativity are playing large roles in the outcomes. Amongst smaller companies, we’re still seeing shorter-term deals, whereas some larger companies are maximizing on opportunities and locking in longer-term leases, many with built-in incentives.
CHA Partners Announces LIVIA — a New Upscale Senior Living Community
Posted OnSeptember 8, 2021 byEAST HANOVER, N.J.–(BUSINESS WIRE)–CHA Partners, a healthcare-focused, full-service real estate development firm, today announced the unveiling of LIVIA — a new upscale senior living brand with a new facility in East Hanover, NJ, and an additional facility under construction in Totowa, NJ. LIVIA will offer upscale wellness-focused Assisted Living, Memory Care, Long Term Care and Rehabilitation services.
“LIVIA marks a major step forward in creating innovative, state-of-the-art senior living communities that cater to individual needs and lifestyle preferences,” said Bill Colgan, Managing Principal at LIVIA and Managing Partner at CHA Partners. “In developing LIVIA’s mission, we look forward to welcoming a new generation of senior care that prioritizes wellbeing with a focus on a concierge level of service.”
CHA Partners Starts Work on Upscale Senior Living Facility in North Jersey
Posted OnSeptember 8, 2021 byBy: Linda Moss | CoStar News
CHA Partners is building one of its new upscale senior living facilities, a concept branded as LIVIA, in Totowa, New Jersey, and is debuting one in a converted office building in East Hanover.Read More
Health Care Company CHA Partners Launches Senior Living and Care Brand LIVIA
Posted OnSeptember 7, 2021 byBy Chuck Sudo | Senior Housing News
A New Jersey-based full-service healthcare and commercial real estate development firm, CHA Partners, is launching a new assisted living and skilled nursing brand, LIVIA. CHA hopes to strike a necessary balance between hospitality and health care, as well as de-stigmatize the care types for a post-Covid consumer.
Bloomfield-based CHA Partners announced the launch of LIVIA with a community in the New Jersey town of East Hanover, consisting of 86 skilled nursing beds and 37 assisted living residences. A second community is under development in Totowa, New Jersey, and the firm holds a third license for a site in the Garden State’s Monmouth County, and hopes to begin construction within the next 12 to 18 months, Managing Partner Bill Colgan told Senior Housing News.
Show & Tell: Bill Colgan talks about future of health care properties, post-COVID
Posted OnSeptember 7, 2021 byBy: ROI-NJ Staff (New Jersey)
Bill Colgan is managing director at CHA Partners, a full-service health care real estate development firm specializing in public-private partnerships that successfully execute complex health care, mixed-use, residential and adaptive reuse projects.
With new apartments, reuse of Plainfield hospital site taking shape after more than a decade
Posted OnAugust 9, 2021 byBy Joshua Burd
CHA Partners recently unveiled a new 120-unit apartment building at the site of the former Muhlenberg Regional Medical Center in Plainfield, doing so more than a decade after the hospital’s closure devastated city residents and set off an emotional, multiyear battle to repurpose the site.Read More
With new apartments, reuse of Plainfield hospital site taking shape after more than a decade
Posted OnAugust 9, 2021 byBy Joshua Burd
The new six-story, 120-unit apartment building known as The Randolph has brought new life to a vast structure on the former Muhlenberg Regional Medical Center campus in Plainfield.
As Bill Colgan points out — and seemingly embraces — its previous use is still evident in many places throughout the property.
“Here is where you feel the remnants of an old hospital,” he said during a recent tour of the building, as he entered a central, open lobby area that once housed nursing stations and other functions, but will now serve as additional lounge or co-working space for residents.”Read More
Renovated Office Building In Bloomfield Nears Capacity
Posted OnJuly 27, 2021 byBLOOMFIELD, NJ — A recently renovated office building in downtown Bloomfield has singed another lease with a tenant, putting it at near-capacity, a firm says.
According to a news release from CHA Partners, Affiliated Healthcare Management and Sierra Health Services have signed a 12,000 square-foot office lease at 2 Broad Street in Bloomfield.
The recently renovated property also serves as CHA Partners’ corporate headquarters.Read More
CHA inks new 12,000 sq. ft. office lease in Bloomfield
Posted OnJuly 23, 2021 byBy Joshua Burd
Two new tenants are joining the roster at a distinctive office building in Bloomfield, having leased 12,000 square feet at downtown property.
The landlord, CHA Partners, said 2 Broad St. is now more than 95 percent leased after the deal with Affiliated Healthcare Management and Sierra Health Services. They join a mix of other occupiers at the building, which sits at the pointed corner of Bloomfield Avenue akin to Manhattan’s iconic Flatiron Building.
“We are thrilled to continue our partnership with the township of Bloomfield to create a bustling live, work, play environment set within its downtown district,” said Kobi Leifer, a partner at CHA. “We welcome the new tenants to this space and continue to look ahead to a bright future in downtown Bloomfield.”