As part of its $692 million portfolio acquisition from Catholic Health Initiatives (CHI), Physicians Realty Trust acquired CHI Medical Building One (left), which is connected to the 121-bed building CHI Health Midlands Hospital (right) in Papillion, Neb.
Photo courtesy of CBRE Group Inc.

Cover Story: Biggest deal ever

Physicians Realty Trust pays $692 million for 52 MOBs, 3.16 million square feet By John B. Mugford This is the type of deal healthcare real estate (HRE) professionals have been hoping for and perhaps anticipating for some time: a major health system selling a large number of its ancillary facilities in order to deploy a […]

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Bethesda, Md.-based Global Medical REIT recently acquired the five-story, 75,899 square foot Marina Towers medical building in Melbourne, Fla., which is anchored by First Choice offices and a medical center. Photo courtesy of First Choice Healthcare Solutions

Transactions: Global Medical REIT making inroads

Founded in 2014, HRE buyer is focused on American and international markets By John B. Mugford A relative newcomer to the healthcare real estate (HRE) space – a publicly traded real estate investment trust (REIT) that says it looks to acquire “healthcare providers’ core real estate assets worldwide” – recently made another purchase in the […]

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Duke Realty is developing and will own the 80,000 square foot Centegra Health Medical Office Building (MOB) in Huntley, Ill. The facility, slated for completion in February 2017, is being built on the campus of Centegra Health’s new campus in the city. Rendering courtesy of Duke Realty

Outpatient Projects: Duke starts MOB on new Ill. campus

REIT’s 80,000 square foot facility sees strong demand in growing Huntley By John B. Mugford In a Q&A with Healthcare Real Estate Insights™ in late 2015, Duke Realty’s Keith Konkoli, who leads the large healthcare division, said the company’s pipeline of projects was “as strong as (it’s) ever been.” The full content of this article […]

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Inpatient Projects: Memorial Hospital in York, Pa., plans to break ground on $120 million replacement

Inpatient Projects: Memorial Hospital in York, Pa., plans to break ground on $120 million replacement

WEST MANCHESTER TOWNSHIP, Pa. – Memorial Hospital in York, Pa., says it plans to move forward with plans for a new $120 million replacement hospital campus in nearby West Manchester Township. The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please […]

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The 2016 NIC Spring Investment Forum March 9-11 in Dallas attracted more than 1,500 post-acute and senior living professionals – a new record for attendance.  Photo courtesy of NIC

Post-Acute & Senior Living: ‘It’s a time of profound change’

2016 NIC Spring Investment Forum spotlights shifting healthcare model By Murray W. Wolf The predominant theme was “change” as more than 1,500 post-acute and senior living professionals gathered March 9-11 in Dallas for the 2016 NIC Spring Investment Forum, presented by the National Investment Center for Seniors Housing & Care (NIC). The full content of […]

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Mark Toothacre of Pacific Medical Buildings listens to the discussion during the Healthcare Real Estate InsightsTM Editorial Advisory Board meeting in November 2015.  HREI™ photo

Companies & People: 5 Questions for Mark Toothacre

The Pacific Medical Buildings president talks about adapting in the new era By John B. Mugford Long before medical office buildings (MOBs) became a “cool” or trendy investment, there was Pacific Medical Buildings, a West Coast-based developer, owner and manager of outpatient healthcare facilities. The full content of this article is only available to paid […]

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2016 HREI Resource Guide

2016 HREI Resource Guide

Please click on one of the options below to access the 2016 HREI Resource Guide™ sights in your preferred format: PDF (“snapshots” of entire publication or selected articles) Website (individual articles) The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click […]

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When the First Hill Medical Pavilion in Seattle was put on the market in 2015, one of the brokers, Chris Bodnar of CBRE, predicted plenty of demand. He was right, as the building recently sold for a record price of $884 per square foot. Photo courtesy of NexCore Group

Transactions: MOB sets PSF price record in Seattle

Heitman, NexCore JV acquires First Hill Medical Pavilion for $884 per square foot By John B. Mugford Leave it to healthcare real estate (HRE), which has been on a record-setting ride when it comes to facility sales in recent years, to generate the highest price per square foot (PSF) ever paid for a commercial office […]

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Duke Realty is in the process of starting work on this project in Oxford, Miss. The 78,000 square foot Baptist Oxford Medical Office Building will be on the campus of the future $300 million replacement for Baptist Memorial Hospital-North Mississippi. Rendering courtesy of Duke Realty

Outpatient Projects: Duke starts MOB in Oxford, Miss.

78,000 square foot facility slated for replacement campus in a growing market By John B. Mugford Population growth coupled with a lack of medical office space is driving a new outpatient project at a future replacement hospital campus in Oxford, Miss., about 80 miles south of Memphis, Tenn.  The full content of this article is […]

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Here’s a look at one of the four smaller, neighborhood hospitals planned for the Las Vegas metropolitan area by Dignity Health and Emerus. The facility shown is the future Sahara campus. Rendering courtesy of Dignity Health Nevada

Inpatient Projects: Four small hospitals coming to Vegas

Neighborhood hospitals will have eight beds and emphasize emergency care By John B. Mugford Even though the new healthcare delivery model puts less of an impact on providing inpatient care, a pair of healthcare providers are teaming up to bring four new hospitals to growing areas of Greater Las Vegas that are in need of […]

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News Release: HFF Current & Recently Closed Transactions

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News Release: Executive’s world changed with cancer diagnosis, but found hope at Baptist MD Anderson Cancer Center

Groundbreaking of new nine-story building will provide more patients with individualized care Jacksonville, Fla., June 23, 2016 – When Brandy Eger’s world was turned upside down after being diagnosed with an aggressive form of breast cancer, she didn’t know how she would make it through. One of the places the senior bank executive found comfort […]

News Release: Just Closed – Atrium Medical Center Professional Building

The CBRE U.S. Healthcare Capital Markets Group acted as the advisor for the sale of the Atrium Medical Center Professional Building in Middletown, Ohio. Sale Date 16-Jun-16 Sale Price $19,300,000 Price Per SF $186 Building Size 103,175 SF Occupancy 80.30% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the […]

News Release: Griffin-American Healthcare REIT IV Enters Agreement to Acquire Rochester Hills Medical Office Building Near Detroit

DETROIT, Mich. (June 23, 2016) – American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has entered into an agreement to acquire Rochester Hills Medical Office Building, an approximately 30,000-square-foot medical office building in the Detroit suburb of Rochester Hills, Michigan, from an unaffiliated […]

News Release: Raymond James serves as Financial Advisor to Baylor College of Medicine in connection with a $143M tax-exempt refunding and new money financing

Raymond James Healthcare Finance assisted the College in analyzing alternative refunding scenarios, the result of which was a deliberate one-year delay in the refunding plan. The delay resulted in significantly improved economics with present value savings exceeding $25M or 16% of the refunded par, which was more than double the level of savings from the […]

News Release: Hammond Hanlon Camp LLC Advises Rizk Ventures on Sale-Leaseback Transaction of San Rafael Hospital in Bogota, Colombia

NEW YORK – (June 22, 2016) – Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive financial advisor to Rizk Ventures Colombia (“Rizk”), a New York-based private investment firm, on the acquisition, and subsequent sale-leaseback, of the Hospital Universitario Clinica San Rafael (“San Rafael”) from National Clinics Colombia. Founded in […]

News Release: Duke Realty promotes Tosha Clay to Vice President, Regional Asset Manager for medical portfolio

Property management professional will oversee more than 80 healthcare properties totaling 6.5 million square feet in 16 states INDIANAPOLIS and ATLANTA, June 22, 2016 – Duke Realty, an Indianapolis-based nationwide commercial real estate company, has promoted Tosha Clay to Vice President, Regional Asset Manager for the company’s medical properties. Ms. Clay joined the company’s Atlanta […]

News Release: Louis Goetting Partners with Cushman & Wakefield’s Robert Donnelly for Healthcare Real Estate Advisory Services

Long-time N.J. Public Servant Brings Expertise on Rapidly Changing Business Model MORRISTOWN, N.J., June 22, 2016 – Long-time New Jersey public servant Louis Goetting has joined forces with Cushman and Wakefield Executive Vice Chairman Robert Donnelly and his Morristown-based brokerage team to provide strategic consulting and guidance for their growing healthcare real estate services practice […]

News Release: The Signorelli Company Hires Thomas Wittenberg as Executive Vice President, Medical Division 20-Year Healthcare Development Veteran to Oversee all New Medical Development for The Signorelli Company

News Release: The Signorelli Company Hires Thomas Wittenberg as Executive Vice President, Medical Division 20-Year Healthcare Development Veteran to Oversee all New Medical Development for The Signorelli Company

THE WOODLANDS, TX — (June 20, 2016) – The Signorelli Company, recognized as a leader in real estate development in Texas and Oklahoma, announced Thomas Wittenberg has joined The Signorelli Company as Executive Vice President of the Medical Division. Wittenberg is a healthcare development veteran with over 20 years of experience crafting strategic initiatives with key partner health systems, […]

For Sale: Call For Offers | Value-Add Medical Office Opportunity | Immediately Adjacent to World Class Medical District

The Offering CBRE is pleased to present to qualified investors the opportunity to acquire 1407 Union Avenue (“the Property”), a prominent medical office address in Memphis, Tennessee. Containing 214,856 rentable square feet, the offering consists of a sixteen (16) story, multi-tenant office building with a strong base of credit tenancy. Positioned in Memphis’ thriving Union […]

News Release: HCP Announces Filing of Form 10 Registration Statement for HCP SpinCo, Inc., a Spin-Off of HCR ManorCare Portfolio Into Independent, Publicly-Traded REIT

Spin-Off Expected to be Completed in the Second Half of 2016 IRVINE, Calif., June 17, 2016 /PRNewswire/ — HCP (NYSE:HCP) today announced the filing of an initial Form 10 registration statement for HCP SpinCo, Inc. (“SpinCo”) with the Securities and Exchange Commission in connection with HCP’s previously announced plan to spin off its HCR ManorCare […]

News Release: Inland Real Estate Acquisitions, Inc. Purchases Four Medical Office Properties in San Antonio

Oak Brook, Ill. (June 16, 2016) – Inland Real Estate Acquisitions, Inc. announced today that it facilitated the acquisitions of four medical office properties located in San Antonio. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, facilitated the transactions on behalf of an Inland affiliate. The acquisitions, collectively totaling 72,776 square feet of […]

For Sale: Two Hospital-Adjacent Medical Office Buildings | Dallas Metro | 69,196 RSF

JLL is pleased to offer for sale the fee simple interest in two institutional-quality medical office buildings with a total of 69,196 rentable square feet located adjacent to the 73-bed Texas Presbyterian Hospital Allen in Allen, Texas. The properties are 26 miles northeast of downtown Dallas immediately off Interstate 75. The properties are currently 87 […]

News Release: Brian Peay Named Executive Vice President and Chief Financial Officer of American Healthcare Investors

Commercial real estate investment management veteran also named CFO of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV IRVINE, Calif. (June 15, 2016) – American Healthcare Investors, a commercial real estate investment firm that specializes in the acquisition and management of healthcare-related properties, announced today that Brian Peay has joined the company as executive […]

News Release: HFF named to market for sale Philadelphia medical office portfolio anchored by Thomas Jefferson University Hospital

News Release: HFF named to market for sale Philadelphia medical office portfolio anchored by Thomas Jefferson University Hospital

PHILADELPHIA, PA – June 14, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has been retained to market for sale a two-property, 86,000-square-foot medical office portfolio anchored by Thomas Jefferson University Hospital in Philadelphia, Pennsylvania. HFF is marketing the portfolio on behalf of an affiliate of George Comfort & Sons, Inc. on […]