The recent BOMA MOB conference panel on third-party capital partners included (from left to right), moderator Andy Dow of Winstead, Courtney Hanfland of CHI, Deeni Taylor of Physicians Realty Trust, Joe Euphrat of CleanFund Commercial and Lance Mendiola of Christus Health. (HREI photo)

Feature Story: Third-party capital has its place

Panel at 2018 BOMA MOB conference discusses what the ‘new era’ of partners can provide By John B. Mugford Let’s all face it, a majority of the country’s health systems are not going to be selling, or monetizing, all of their medical office buildings (MOBs) to third-party investors anytime soon. Yet, during an era when […]

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Ethan Brosowsky of The Advisory Board told BOMA MOB conference attendees that providers must create interconnected ambulatory care networks to succeed in today’s highly competitive market. (HREI™ photo)

Feature Story: Ambulatory ‘constellations’ are the future

At BOMA MOB conference, consultant stresses the importance of inter-connected networks By John B. Mugford Ever since humans first looked to the night sky, they have found and used patterns, or constellations, among the stars to help them survive. “Individual stars are beautiful, and are bright, but are not really useful to us as humans,” […]

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Now Available: 2018-19 HREI Resource Guide

Now Available: 2018-19 HREI Resource Guide

Please click on one of the options below to access the 2018-19 HREI Resource Guide™ 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 here: […]

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Cover Story: 2017’s biggest outpatient HRE developers revealed

With more than 34 million square feet of MOBs and other outpatient projects started or completed in 2017, developers MedCraft, Healthcare Realty Trust, NexCore Group and HTA Development led the way, according to second annual report by Revista and HREI™ By John B. Mugford   The year 2017 saw a slight drop in the development of […]

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Cover Story: The year of the portfolio

Cover Story: The year of the portfolio

A surge in multi-asset transactions led to 2017 MOB sales records in volume, pricing, cap rates and more By John B. Mugford 2017 MOB sales volume set another new record. MOB sales totaled $12.55 billion, according to RCA’s data. That topped the 2016 total of $10.21 billion by 22 percent. It also far surpassed the […]

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February 2018

February 2018

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   The full content of this article is only available to paid subscribers. […]

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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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Thought Leaders: JLL 2018 Healthcare Real Estate Outlook

Thought Leaders: JLL 2018 Healthcare Real Estate Outlook

Investors are placing their bets on the growing medical office sector The $1 trillion healthcare real estate market is becoming more diverse, with a shifting preference to outpatient medical care, leading to new real estate strategies to meet the demand for lower cost, patient-centric care in convenient community settings and more diverse facility types to […]

John T. Thomas

News Release: John Thomas of Physicians Realty Trust and Other Panelists Discuss REIT Trends at Annual Building Owners and Managers Medical Office Building Conference

Headline: John Thomas of Physicians Realty Trust and Other Panelists Discuss REIT Trends at Annual Building Owners and Managers Medical Office Building Conference Date: 05-23-2018 For a complete listing of our press releases, please click here HOUSTON–(BUSINESS WIRE)– John T. Thomas, President, Chief Executive Officer and Trustee of Physicians Realty Trust (NYSE: DOC), shared his […]

Architectural rendering of the new ACC currently under construction in Bristol, Conn.

News Release: Bristol Hospital and Rendina Start Construction on Downtown Ambulatory Care Center

BRISTOL, Conn., May 23, 2018 – The hard work invested throughout nearly two years of planning, permitting, design and financing will soon be realized for Bristol Hospital. Earlier this month, the hospital broke ground on The Bristol Hospital Ambulatory Care Center (ACC), a 62,000 square foot healthcare facility that promises to help expand healthcare services […]

Hunter MacLeod

News Release: NexCore Group Grows Again, Adding Five Employees to its Team

The national healthcare real estate firm’s rapid growth continues, requiring the additions of five more employees: Mike Zagorski, Stephen Freeman, Hunter MacLeod, Lauren Irwin and Vivian Yang DENVER, May 16, 2018 – NexCore Group, a large and fast-growing national healthcare real estate (HRE) developer, announced today that it is further expanding its Design & Construction, […]

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News Release: Announcement – $15,800,000 Medical Office Sale in Pell City, AL. – Fairfield Advisors

Fairfield Advisors announces sale of Northside Medical Office II in Pell City, AL.  – $15,800,000 Transaction –  (Denver, CO. and Birmingham, AL. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Northside Medical Office Building II located at 74 Plaza Drive in Pell City, AL.  The […]

Thought Leaders: Despite Significant Changes, Healthcare Market Making Big Strides

Thought Leaders: Despite Significant Changes, Healthcare Market Making Big Strides

2017 KEY TAKEAWAYS • Surprisingly, indecision in healthcare legislation has not hindered reform and progress. The majority of hospitals and health systems have already made great strides in healthcare reform through private sector partnerships, rapid strategic consolidations and cost reduction strategies. Healthcare M&A activity peaked in 2017 transactions and announcements for 2018. • While healthcare […]

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News Release: Montecito Medical Acquires North Carolina Medical Office Building

Montecito Medical Real Estate, recently announced the acquisition of North Carolina Eye, Ear, Nose, & Throat medical office building, a long-established and leading provider in Durham, North Carolina. For Montecito, a premier owner of medical office properties across the United States, this transaction represents the seventh acquisition of 2018. The two-story, 34,106 square-foot building is 100 […]

News Release: New construction method for Quakertown hospital

News Release: New construction method for Quakertown hospital

IMC Construction, a nationally-recognized, full-service construction company, broke ground in March 2018 on a new $42 million hospital in Quakertown for St. Luke’s University Health Network. The builder is using a fairly new process on the 131,000-square-foot project that will save time and construction costs. “We are prefabricating the exterior walls through panelization and interior […]

News Release: PR: Flagship Healthcare Properties Appoints Director of Investor Relations

News Release: PR: Flagship Healthcare Properties Appoints Director of Investor Relations

Flagship Healthcare Properties, LLC is pleased to announce that Ryan Judson has joined the firm as Vice President and Director of Investor Relations. Ryan joins Flagship in conjunction with the launch of its private REIT, Flagship Healthcare Trust. In this newly created role, Ryan will lead the company’s efforts to grow and expand its network […]

News Release: Griffin-American Healthcare REIT III Reports First Quarter 2018 Results

Griffin-American Healthcare REIT III, Inc. today announced operating results for the company’s first quarter ended March 31, 2018. “Since acquiring our first property in June 2014, Griffin-American Healthcare REIT III has built an international portfolio comprised of 208 healthcare properties and real estate-related investments valued at approximately $3.0 billion,1” said Jeff Hanson, chairman and chief […]

News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $12 Million Credit Facility

News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $12 Million Credit Facility

BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $12 Million Credit Facility for a Joint Venture advised by Heitman and managed by Montecito Medical Operating Company. BMO Harris Bank’s Healthcare Real Estate Finance group announced that it acted as the administrative agent and sole lead arranger on a […]

News Release: Investment Property Activity

News Release: Investment Property Activity

Just sold: EASTVIEW PROFESSIONAL BUILDING, 1370 116th Ave NE, Bellevue, WA 98004 Canyon Park Office Center is a 42,590 SF 3-story steel-framed office building where the first floor is dedicated to covered parking. The Property, featuring a brick-clad exterior, was built in 1990, and is currently 77.6% leased to 13 tenants ranging in size from 1,129 SF […]

News Release: Norman Livingston shares insights into Pin Oak Portfolio deal with BOMA MOB Conference crowd

News Release: Norman Livingston shares insights into Pin Oak Portfolio deal with BOMA MOB Conference crowd

President of Norvin Healthcare Properties explains that successful healthcare real estate investors need an eye for opportunity, a bold strategy and a trusting relationship with provider-tenants More than 1,300 healthcare executives and real estate professionals flocked to the BOMA Medical Office Buildings (MOBs) + Healthcare Real Estate Conference in Houston last week to learn from […]

News Release: Griffin-American Healthcare REIT IV Reports First Quarter 2018 Results

News Release: Griffin-American Healthcare REIT IV Reports First Quarter 2018 Results

Griffin-American Healthcare REIT IV, Inc. today announced operating results for the company’s first quarter ended March 31, 2018. “Griffin-American Healthcare REIT IV enjoyed an excellent first quarter, with continued growth in our portfolio and across a number of important financial and performance metrics,” said Jeff Hanson, chairman and chief executive officer. “Additionally, the company recently […]

News Release: Capital Square 1031 Acquires Portfolio of Nine Medical Office Buildings in Five States

News Release: Capital Square 1031 Acquires Portfolio of Nine Medical Office Buildings in Five States

Buildings are 100 percent leased for 15 years to local operators of Fresenius Medical Care, an industry-leading provider of dialysis services and products+ Capital Square 1031, a leading real estate investment and management firm specializing in Delaware statutory trust offerings, announced today its acquisition of a portfolio of nine medical office buildings located in five […]