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<img src="http://i.imgur.com/IN0RPco.png" width='250px' align='left' official statement /> In a statement released Friday check my blog by the College Football Playoff, the former Michigan football coach cited health issues in his decision to leave the committee, which picks the four FBS teams that will play for the national championship. This is a difficult decision because I have enjoyed my preparations and I have the greatest respect for the other committee members and the playoff itself, Carr said today in a statement. I regret that health issues will prevent me from executing the responsibilities expected of a committee member. Carr coached at Michigan from 1995 to 2007, and led the Wolverines to the 1997 national championship. A Michigan spokesman said Carrs health issues are not life-threatening, and that Carr is considering whether or not to have surgery following an injury he suffered earlier this year. If surgery required an extended recovery period, Carr did not want that time to take away from his responsibilities on the selection committee, which meets on a weekly basis beginning in October. Carr was to serve on the selection committee this year, for a three-year term. The College Football Playoff selection committee will have 12 members this season, and will issue its first rankings Nov. 1. Selection Day for the four-team playoff is Dec. 4.
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acquired 900,000 square feet of medical office buildings in Columbus, OH, Dallas and Hartford for a total investment of $273.8 million in the second quarter, including the June purchase of 29 medical office buildings in Connecticut from The Casle Corp. for $178 million. In another sign of the robust market demand, NorthStar Realty Finance Corp. is evaluating the sale of a portion of its medical office building portfolio through an advisor as part of a three-way merger with Colony Capital Inc. and NorthStar Asset Management Group Inc. Thomas added that MOB development is less risky than other type of assets, as most new development is replacing old hospital space or entering new markets. Some developers are beginning to build on a speculative basis in response to diminishing MOB stock. In July, Arrowhead Health Center, LLC, an affiliate of Los Angeles-based Legend Real Estate Management, Inc., announced it will be developing Arrowhead Orchards in Glendale, AZ, the Phoenix markets first spec medical building in in about a decade. “Were currently seeing a significant lack of quality blocks of contiguous space over 5,000 square feet and as healthcare groups consolidate, the demand for functional larger blocks of space is increasing,” said CBREs Vince Femiano, who along with colleague Katie McIntyre will be responsible for the marketing and leasing of the new building.
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