Current Edition: December 2014

Current Edition: December 2014

Please click on one of the options below to access the current edition of Healthcare Real Estate Insights™ in your preferred format (paid subscription required): PDF (“snapshot” of entire publication) Website (individual articles) Digital flipbook (COMING SOON!) 2014 Archives 2013 Archives

Full Story »
Transactions: Like a broken record

Transactions: Like a broken record

Q3 2014 MOB sales break the all-time third quarter record from a year ago By John B. Mugford After three quarters of the year, 2014’s medical office building (MOB) sales volume was on pace to set the all-time yearly record, with a potential for topping the high mark set just a year ago. However, it’s […]

Full Story »

News Release: Stewart Title Commercial Services Names Robert Concepcion as Senior Business Development Officer

HOUSTON (Feb. 26, 2015) – Stewart Title Commercial Services appointed Robert (Rob) Concepcion as senior business development officer. Concepcion will be responsible for expanding Stewart’s national commercial business, with a strong focus on the renewable energy sector. Prior to joining Stewart Title, Concepcion was a real estate advisor with Sempra U.S. Gas & Power. He […]

News Release: CNL Healthcare Properties Acquires Two MOBs

CNL Healthcare Properties Acquires Michigan Medical Office Building – REIT invests $30.5 million in key property in Detroit suburb – (ORLANDO, Fla.) Feb. 26, 2015 — CNL Healthcare Properties, a real estate investment trust (REIT) focused on senior housing and healthcare facilities, has acquired Novi Orthopaedic Center, a Class A, multitenant medical office building in […]

News Release: HFF arranges $41.25 million construction/permanent loan for The Hoag Health Center – Irvine in Irvine, California

News Release: HFF arranges $41.25 million construction/permanent loan for The Hoag Health Center – Irvine in Irvine, California

SAN DIEGO, CA – HFF announced that it has secured a $41.25 million construction-to-permanent loan for The Hoag Health Center  –  Irvine, a to-be-built 150,000-square-foot medical office development in Irvine, California. HFF worked exclusively on behalf of San Diego-based Pacific Medical Buildings (PMB) to secure the 12-year, fixed-rate loan through a correspondent life insurance company.  […]

For Lease: Walnut Hill Medical Center

For Lease: Walnut Hill Medical Center

Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp. a Texas licensed real estate broker (“HFF”) has been retained by a partnership of physicians and healthcare industry experts collectively known as Walnut Hill Medical Physicians Plaza Holding, LLC (the “Borrower” or “Sponsor”), to present an opportunity for the pre-construction take-out of the Walnut […]

For Sale: SINGLE TENANT MEDICAL | $610,000 | 8.23% CAP│Indiana

For Sale: SINGLE TENANT MEDICAL | $610,000 | 8.23% CAP│Indiana

Building Size: ±5,274 SF Price: $610,000 Cap Rate: 8.23% INVESTMENT HIGHLIGHTS •Attractive single tenant medical building located one-half mile west of Marion General Hospital •Located at the signalized northeast corner of Baldwin and Spencer Avenues •Tenant pays replaceable rent of $10.30/SF •Rents increase based on CPI adjustment in each of three three-year renewal periods •Tenant […]

For Sale: Prominent Class "A" Medical Building in Los Angeles County

For Sale: Prominent Class “A” Medical Building in Los Angeles County

OFFERS REQUESTED BY TUESDAY, MARCH 3RD, 2015 – 5:00 PM PST The Offering CBRE’s U.S. Healthcare Capital Markets Group is pleased to exclusively offer for sale the fee simple interest in the Wilbur Medical Plaza (the “Property”) located in Tarzana, California.  The three-story, 52,889 square foot facility was renovated in 2012-2013 and offers a variety […]

News Release: HFF arranges $10.1 million financing for Mill Run Medical Center near Columbus, Ohio

CHICAGO, IL – HFF announced today that it has secured $10.1 million in financing for Mill Run Medical Center, a 99,553-square-foot, Class A medical office building in the northwestern Columbus suburb of Hilliard, Ohio. HFF worked exclusively on behalf of the borrower, Atkins Companies, to secure a five-year, fixed-rate loan through Aetna Life Insurance Company.  […]

For Sale: Orthopedic ONE MOB

For Sale: Orthopedic ONE MOB

Holliday Fenoglio Fowler, L.P. (“HFF”) has been retained on an exclusive basis to arrange the sale of a 100% fee simple interest in Orthopedic ONE MOB (the “Property”); a strategic 24,836 rentable square foot off-campus medical office building in suburban Columbus, Ohio. The Property was built in 2006 and is currently 100% leased to two […]

News Release: CNL Executive To Speak At Interface Healthcare Real Estate Conference

Talk will highlight changing prices in the healthcare market (ORLANDO, Fla.) Feb. 23, 2015 — CNL Financial Group’s Senior Vice President James Schmid will speak at the sixth annual Interface Healthcare Real Estate West Conference being held Feb. 25 in Los Angeles. As part of a panel discussion, Schmid and other speakers will look at […]

News Release: Reed Construction Completes Renovations for Raby Institute for Integrative Medicine in Chicago

News Release: Reed Construction Completes Renovations for Raby Institute for Integrative Medicine in Chicago

REED CONSTRUCTION COMPLETES RENOVATIONS FOR THE RABY INSTITUTE FOR INTEGRATIVE MEDICINE CHICAGO – Reed Construction is pleased to announce the completion of a two-phase, 10, 500 square foot build-out for the Raby Institute of Integrative Medicine at Northwestern located within 500 N. Michigan in Chicago. The Raby Institute for Integrative Medicine is the premier center […]

For Sale: 95% Occupied, DMC Medical Office Building

For Sale: 95% Occupied, DMC Medical Office Building

Bill O’Connor of the CBRE Investment Properties Group, is pleased to present the following exclusive listing: Excellent Investment Opportunity DMC Medical Office Building 28300 Orchard Lake Road, Farmington Hills, Michigan 48334 Investment Offering: Price:             $7,500,000 CAP Rate:       7.4% Square Feet:   33,723 10.2% Year One Projected Cash on Cash Return at Full Asking Price Investment Highlights: •Stabilized […]

For Sale: Mission Critical Net Leased Healthcare Facility

For Sale: Mission Critical Net Leased Healthcare Facility

Holliday Fenoglio Fowler, L.P. (“HFF”), as exclusive advisor, is pleased to present an excellent opportunity to acquire on a pre-sale basis the leasehold estate of a Kindred Transitional Care Center (the “Property”), a strategic healthcare facility located in Phoenix, AZ. The Property is located on the campus of St Luke’s Hospital at the northwest corner […]

News Release: Just Closed :: Midwest Orthopaedics at Rush Medical Building

News Release: Just Closed :: Midwest Orthopaedics at Rush Medical Building

The U.S. CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Midwest Orthopaedics at Rush Medical Building in Chicago, Illinois. Sale Date: January 22, 2015 Sale Price: $63,200,000 Price PSF: $575 Building Size: 109,871 SF Year Built: 2009 Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to […]

For Sale: Red Oak Professional Bldg - Houston, TX

For Sale: Red Oak Professional Bldg – Houston, TX

17320 Red Oak Dr, Houston, Texas  77090 THE OFFERING Colliers International has been exclusively retained by the Owner to offer for sale and lease the Red Oak Professional Building in Houston, Texas.  The Class B, 40,321 square foot Property provides attractive office and/or medical office space, located in close proximity to the Northwest Medical Center, […]

News Release: Duke Realty announces regional healthcare asset management executive changes

News Release: Duke Realty announces regional healthcare asset management executive changes

Ryan Rothacker has been promoted to Vice President Asset Manager for the Midwest and South regions, and Mark Dukes has been promoted to Vice President Asset Manager for the East and Southeast INDIANAPOLIS, Feb. 18, 2015 – Two long-time Duke Realty employees – Ryan Rothacker and Mark Dukes – have been promoted to Vice President […]