The portfolio includes the 84,622 square foot Duke Medicine Plaza in Raleigh, N.C. (Photo courtesy of JLL)

Transactions: Heitman lands 1.4 million s.f. on-campus portfolio

The 17 MOBs in the seven-state PHT Portfolio are 96 percent occupied  By John B. Mugford CHICAGO – One of the “highest quality, on-campus portfolios ever offered” has changed hands, with Chicago-based Heitman LLC purchasing 17 medical office buildings (MOBs) totaling 1.4 million square feet, according to a Feb. 16 Heitman news release. While the […]

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The Princeton Medical Arts Pavilion in Plainsboro, N.J. (Photo courtesy of JLL)

News Release: Heitman Acquires Premier Multistate, 1.4 million SF PHT Medical Office Portfolio

Chicago, February 16, 2018 – Heitman LLC, a global real estate investment management firm, today announced the acquisition of a 1.4 million square foot medical office portfolio comprised of 17 buildings in seven states on behalf of an affiliate of Heitman. Denver-based NexCore Group advised Heitman during the acquisition and will provide operating and property […]

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Transactions: Wisconsin system buys 18 properties it was leasing

Welltower Inc. sells the portfolio for $433 million to Aurora Health Care Prior to the start of 2018, several members of the Editorial Advisory Board (EAB) of Healthcare Real Estate Insights predicted that the sector would see some transactions in which health systems would buy medical office buildings (MOBs) they are leasing from third-party owners. […]

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John Thomas (left) received his HREI Insights Awards™ Healthcare Real Estate Executive of the Year Award at the RealShare conference in Scottsdale, Ariz., in December. He is pictured above with the 2015 winner, Erik Tellefson of Capital One. (HREI photo)

2017 HREI Insights Awards: John T. Thomas is top exec for 2017

He’s led Physicians Realty Trust in building its portfolio to $4 billion since its founding in 2013 The launching of Milwaukee-based Physicians Realty Trust (NYSE: DOC) took place rather quietly back in 2013, as the real estate investment trust (REIT) commenced with an initial portfolio of 19 medical office buildings (MOBs) valued at about $125 […]

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Don’t Miss Out! Orders are Now Being Accepted for Advertising and Listings in the 2018-19 HREI Resource Guide

Don’t Miss Out! Orders are Now Being Accepted for Advertising and Listings in the 2018-19 HREI Resource Guide

Reach 5,000+ Hospital and Health System Real Estate Decision Makers with the 2018-19 HREI Resource Guide™ Since 2008, hospital and healthcare executives have turned to the HREI Resource Guide™ when they have needed healthcare real estate services. Don’t miss this once-a-year opportunity to keep your firm top of mind with these qualified prospects    both in […]

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PJ Camp

Companies & People: 5 questions for PJ Camp

Hammond Hanlon Camp (H2C) grows the scope of what it provides clients, and the company By John B. Mugford After the ink had dried in 2016 on the closing of the largest health system sale, or monetization, of medical office buildings (MOBs) in the history of the healthcare real estate (HRE) sector, the $700 million […]

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News Release: Investment Sale of 4 Northeast TN Medical Office Buildings

News Release: Investment Sale of 4 Northeast TN Medical Office Buildings

Investment Sale of 4 Holston Medical Group Buildings Anthony Lunceford and Joe Massa, the Nashville-based Executive Managing Directors of Colliers International’s Healthcare Investment Services group, transacted recently on the sale of 4 northeast Tennessee medical office buildings previously owned by Holston Medical Group. The purchasing party was a private equity group. HMG will continue operations in the […]

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Outpatient Projects: Kaiser Permanente gains approval for four-story, 197,800 square foot Mob in redwood City, Calif.

REDWOOD CITY, Calif. — Kaiser Permanente recently received approval from the Redwood City Planning Commission to build a four-story, 197,800 square foot MOB at 1175 Marshall St., within its campus just southeast of downtown. Local news media reports that plans approved Feb. 6 call for the on-campus MOB to house specialty care clinics, conference rooms, […]

The St. Luke's campus in Duluth (Photo courtesy of St. Luke's)

Transactions: More details emerge on recent IRET portfolio sale; the two assets are St. Luke’s affiliated MOBs in Duluth, Minn.

DULUTH, MN — Investors Real Estate Trust (NYSE: IRET), which has been gradually exiting the healthcare real estate space, announced in January that it had sold 27 of its 28 remaining MOBs. Now, citing newly filed property records, local news media reports that two of the assets are MOBs affiliated with St. Luke’s, a Duluth-area […]

News Release: BGL Real Estate Partners Announces the Sale of Mississippi Coast Endoscopy & Ambulatory Surgery Center and Meridian Surgery Center

News Release: BGL Real Estate Partners Announces the Sale of Mississippi Coast Endoscopy & Ambulatory Surgery Center and Meridian Surgery Center

BGL Real Estate Partners (“BGLREP”), a division of Brown Gibbons Lang & Company (“BGL”), is pleased to announce the real estate sale of Mississippi Coast Endoscopy & Ambulatory Surgery Center and Meridian Surgery Center, which combined, total approximately 33,700 square feet. BGLREP’s National Healthcare Real Estate Group served as the exclusive advisors to the sellers in […]

News Release: Bull Realty Brokers $3.8 Million Medical Building in Melbourne, FL

News Release: Bull Realty Brokers $3.8 Million Medical Building in Melbourne, FL

Healthcare Real Estate Services at Bull Realty brokered the sale of a 20,621 SF single-tenant medical professional building located in Melbourne, FL. The sale closed on February 16, 2018 for $3,800,000 at a 7.5% cap rate. The property is currently 100% occupied by BioReference Laboratories, the largest laboratory in the Southeast and the third largest […]

The Princeton Medical Arts Pavilion in Plainsboro, N.J. (Photo courtesy of JLL)

News Release: JLL completes sale of 17-building multistate medical office portfolio

Sale signals continuation of high interest in healthcare real estate investment CHICAGO, Feb. 20, 2018 /PRNewswire/ — JLL’s Capital Markets experts today announced the company completed the sale of an institutional-quality, multistate medical office portfolio known as the PHT portfolio. JLL represented the seller, Bentall Kennedy, on behalf of a state pension fund. Heitman LLC, a global real estate investment management […]

For Sale: Seniors Housing Portfolio

For Sale: Seniors Housing Portfolio

  Highlights 302 Units over 4 Assets Value Add Superior Risk Adjusted Returns Brand New Product Experience Sponsors Summary of the Opportunity RX Capital Markets has been retained to source construction financing for a 165 unit Independent Living.  Assisted Living, Memory Care facility near Tampa, FL. We are also seeking LP equity for this project.  […]

News Release: Welltower to Change NYSE Ticker Symbol to "WELL"

News Release: Welltower to Change NYSE Ticker Symbol to “WELL”

Welltower Inc. (NYSE: HCN) today announced the change of the ticker symbol for its common and preferred stock listed on the New York Stock Exchange from “HCN” to “WELL,” effective with the opening of trading on February 28, 2018. “Welltower owns, manages and has developed the largest network of premium residential senior care and outpatient medical real estate […]

News Release: ESI Arranges Sale of Assisted Living Facility in Washington for $7.0M

News Release: ESI Arranges Sale of Assisted Living Facility in Washington for $7.0M

Evans Senior Investments (ESI) successfully represented the sale of Rosewood Villa, a 66 unit assisted living community in Bellingham, Washington for approximately $7,025,000 ($106,000 price per unit). Built in 1978, Rosewood Villa is located 87 miles north of Seattle. At the time of the sale the community averaged 93.9% occupancy over the prior twelve months […]

News Release: Healthcare Trust of America, Inc. Reports Fourth Quarter And Year Ended 2017 Earnings

Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the quarter and year ended December 31, 2017. Fourth Quarter 2017 Highlights Operating Net Income Attributable to Common Stockholders: Increased 156.9% to $42.5 million, compared to Q4 2016. Earnings per diluted share increased 81.8% to $0.20 per diluted share, compared to Q4 2016. Funds From Operations (“FFO”): As defined by the […]

News Release: ESI Arranges Sale of Illinois Seniors Housing Portfolio for $32.6M

News Release: ESI Arranges Sale of Illinois Seniors Housing Portfolio for $32.6M

Evans Senior Investments (ESI) successfully represented the sale of four assisted living and memory care facilities known as the Legacy Place Portfolio for approximately $32,632,000 ($163,000 price per unit). The portfolio consisted of four facilities encompassing 200 total seniors housing units (51 memory care units and 149 assisted living units). All four facilities were located […]

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News Release: Seavest acquires medical office building on Littleton Adventist Hospital Campus

LITTLETON, Colo., and WHITE PLAINS, N.Y., Feb. 14, 2018 – Real estate investment firm Seavest Healthcare Properties LLC, in partnership with Denver-based Fleisher Smyth Brokaw LLC, has acquired the Lincoln Court Healthcare Building in Littleton. The fully leased medical office building (MOB) is located at 7889 S. Lincoln Court on the campus of the 231-bed acute care […]

News Release: Caddis acquires three medical office buildings and adds them to its fund

News Release: Caddis acquires three medical office buildings and adds them to its fund

Company says the acquisitions of Brookhaven, Prairie View and Atascocita Medical Centers will help it capitalize on the high-demand MOB market DALLAS, Feb. 14, 2018 – Caddis™, a leading national healthcare real estate firm headquartered in Dallas, recently acquired three medical office buildings (MOBs) totaling over 120,000 square feet and added them to its first […]

News Release: Anchor Starts Off 2018 with Two New Acquisitions

News Release: Anchor Starts Off 2018 with Two New Acquisitions

ANCHOR HEALTH PROPERTIES BEGINS 2018 WITH TWO NEW STRATEGIC ACQUISITIONS Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management and investment company focused exclusively on medical facilities, has recently closed on two new strategic acquisitions in the New York City and Las Vegas metro markets. Building on the firm’s national expansion to […]

News Release: Capital One Closes $25 Million Loan for Nevada Medical Office Building

News Release: Capital One Closes $25 Million Loan for Nevada Medical Office Building

Capital One announced today that it provided a $25 million loan for the acquisition of The Parkway, a 128,000-square-foot, Class A medical office building in Summerlin, Nevada, a suburb of Las Vegas. The borrower is The Stable Development Companies, a Las Vegas-based real estate firm that has developed 550,000 square feet of medical and professional […]