News Release: MedProperties Holdings acquires multistate Harrison Street healthcare real estate portfolio
The acquisition is the largest to date for the Dallas-based private equity firm. It includes a diverse 10-state, 17-property, 92% leased portfolio totaling 620,750 square feet, with an approximate cost of $230 million. DALLAS, Sept. 13, 2017 – Acquiring any sizable healthcare real estate (HRE) portfolio can be a challenge. But the recent acquisition of […]
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Cover Story: Top 50 owners of healthcare real estate
Kaiser still king of HRE ownership Data firm Revista releases latest Top 50 owners report, with health systems still dominating By John B. Mugford Editor’s note: This article contains corrections to the original version, based on updated information subsequently received from Revista. As has been the case for each of the past four years, the […]
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Entries now open for fifth annual HREI Insights Awards
Healthcare Real Estate Insights™ magazine announces that entries are now open for the Fifth Annual HREI Insights Awards, recognizing excellence in healthcare real estate. Entries are due Friday, Sept. 29, 2017. About the HREI Insights Awards™ The HREI Insights Awards™ were established by Healthcare Real Estate Insights™ magazine in 2013 to recognize excellence in healthcare real […]
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Feature Story: Inside the biggest monetization ever
A behind-the-scenes look at CHI’s $700 million portfolio sale to DocREIT By John B. Mugford Much has already been said and written about last year’s largest medical office building (MOB) portfolio monetization – which is also said to be the largest ever. The headline-grabbing sale had Englewood, Colo.-based Catholic Health Initiatives (CHI) selling 51 MOBs […]
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Transactions: DocREIT in the midst of buying $735 million in MOBs
Acquisitions include assets excluded from HTA-Duke deal and more CHI MOBs Physicians Realty Trust (NYSE: DOC), the Milwaukee-based publicly traded real estate investment trust (REIT) that has grown rapidly since its founding in 2013, recently announced that it has executed purchase and/or sale agreements with four separate entities for 18 medical office buildings (MOBs) at […]
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Industry Pulse: Top 10 healthcare real estate stories of 2017 (so far)
As the first half of 2017 comes to a close, Healthcare Real Estate Insights takes a look back at the top 10 healthcare real estate news stories so far this year. 1. HTA agrees to buy Duke Realty’s healthcare real estate portfolio, business Rumors of a potential sale were confirmed May 1 when Healthcare Trust […]
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Current Edition
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) 2017 Archives 2016 Archives 2015 Archives 2014 Archives 2013 Archives The full content of this article is only available to paid […]
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News Release: HFF Sold: UNC Wellness Center, Cary, NC
HFF announces the closing of UNC Wellness Center HFF advised the owner Pacolet Milliken Enterprises Inc. on the sale Closed September 2017 Size 58,843 square feet 100% investment-grade tenancy to UNC Healthcare 18 years of remaining lease term 20,000 + square feet of future development opportunity Located on one of the fastest growing markets in […]
News Release: Just Closed: Brookdale Senior Living Portfolio Financing
The JLL Seniors Housing and Healthcare Capital Markets Group is pleased to announce the $975 million financing for Brookdale Senior Living, the largest owner and operator of senior living communities throughout the United States. The first mortgage facility was arranged by JLL with Fannie Mae. The diverse portfolio includes properties across 16 states with various […]
News Release: Inland Real Estate Acquisitions Facilitates the Purchase of Two Medical Office Buildings in Connecticut
Oak Brook, Ill. – Inland Real Estate Acquisitions, Inc. announced today that it facilitated the acquisition of two Starling Physicians, P.C. medical office buildings located in New Britain, Connecticut. Mark Cosenza, senior vice president of Inland Real Estate Acquisitions, Inc., facilitated the transaction, with assistance from David Neboyskey, assistant vice president and associate counsel of […]
News Release: Avison Young brokers $4.9-million sale of historic Grunow Memorial Medical Center in Phoenix
Phoenix, AZ – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it has negotiated the $4.9-million sale of Grunow Memorial Medical Center, a historic 47,494-square-foot medical office building in Phoenix. Avison Young Principals Julie Johnson and Alexandra Loye, based in the company’s Phoenix office, brokered the sale. The seller was […]
News Release: Hammes Appoints New Vice President for Facility Development
MILWAUKEE, Wis., September 15, 2017 – Hammes Company, the nation’s leader in healthcare facilities development, (hammesco.com) today announced that Marvin Daniels, has joined the firm to meet growing market demand for specialized project management services. Hammes Company is hiring to meet growing demand in most parts of the country, including the Southeast, Midwest and Northeast. […]
News Release: HCP Provides Update on Impact of Hurricane Irma
IRVINE, Calif., Sept. 15, 2017 /PRNewswire/ — HCP, Inc. (NYSE: HCP) today provided an update on the impact from Hurricane Irma. HCP’s preliminary assessment indicates that its assets in the impacted regions incurred either no or limited wind, flood or other storm-related damage. Utility power has been restored at all but one property. “The care […]
News Release: CNL Healthcare Properties Sees Significant Income Gains Across Its Portfolio
With opening of new developments, REIT focused on maximizing property performance (ORLANDO, Fla.) Sept. 14, 2017 — CNL Healthcare Properties, a non-traded real estate investment trust (REIT) invested in seniors housing and healthcare properties, continues its focus on maximizing operating performance across its portfolio and completing its most recent expansion project. Reflecting these efforts, the […]
News Release: Meridian Buys Historic Grunow Memorial Medical Center in Phoenix
Purchase Represents Meridian’s First Major Transaction Outside of California PHOENIX, Ariz. – Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Grunow Memorial Medical Center, a landmark 51,150-square-foot two-story medical office building located at 926 East McDowell Road in Phoenix, Arizona. The seller was PacVentures, a real […]
News Release: Marcus Partners Sells Cross Street Medical Center
9/11/17 Newmark Knight Frank (NKF) has successfully represented Marcus Partners in the sale of Cross Street Medical Center at 40 Cross Street in Norwalk, Connecticut to Anchor Health Properties for $23 million. Executive Managing Director Frank Nelson, Senior Managing Director Michael Greeley and Director Danielle DeMarco of NKF’s Boston Medical-Academic Practice Group, which is led by […]
News Release: Strawberry Fields REIT Acquires A Rehabilitation and Nursing Facility for $21.8 Million
SOUTH BEND, Ind.—September 11, 2017—Strawberry Fields REIT LLC (Strawberry Fields), an owner and lessor of nursing homes, long-term acute care hospital facilities and medical office buildings in the Midwestern and Southern U.S., today announced it has acquired a rehabilitation and nursing facility for $21.8 million. This acquisition was financed with a $15 million loan from […]
News Release: Executed Purchase and Sale Agreements Totaling $166.0 Million
MILWAUKEE–(BUSINESS WIRE) – Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our,” “us,” and “DOC”), a self-managed healthcare real estate investment trust, is announcing that the Company has completed acquisitions of eight medical office facilities since June 30, 2017. The facilities represent approximately 417,753 square feet with a total purchase price of $129.7 […]
News Release: Meridian Buys 51,150 SF Landmark Medical Office Building in Phoenix
Purchase Represents Meridian’s First Major Transaction Outside of California PHOENIX, Ariz. – Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of Grunow Memorial Medical Center, a landmark 51,150-square-foot two-story medical office building located at 926 East McDowell Road in Phoenix, Arizona. The seller was PacVentures, a real […]
News Release: Max Burcham Joins Snyder Langston as Project Executive
Los Angeles, CA (September 8, 2017) – Snyder Langston, a Southern California-based master builder, has announced the addition of Max Burcham as Project Executive, reinforcing the firm’s Healthcare group and its Los Angeles market presence. Burcham brings three decades of industry experience to his role, with an especially strong background in healthcare construction. Prior to […]
News Release: Just Sold – Long Beach Medical Office Trades to Private Investor
Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of 3530 Atlantic Avenue located in Long Beach, CA at a price of $4,055,800.The 26,039 SF medical office building was 78.5% leased to 6 tenants and traded at an in-place 4.95% cap rate and a stabilized 6.50% cap rate. Mark Shaffer, Doug […]
Breaking News
- News Release: Expert panel scheduled to discuss current healthcare real estate market environment
- News Release: Just Closed – Medical Office Complex in Houston Metro
- News Release: Raymond James serves as Financial Advisor to Hackensack Meridian Health on its $1.7B Comprehensive Debt Restructuring including its $589M Series 2017A Tax-Exempt Bonds and $300M Series 2017 Taxable Bonds
