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Transactions: Anchor buys three MOBs in booming Huntsville, Ala.
Sources tell HREI that the deal was for about $100 million, or $483 PSF GREATER HUNTSVILLE, Ala. – As Greater Huntsville continues to grow by adding jobs in the defense, auto manufacturing, technology and technology sectors, the demand for healthcare services is booming as well. The economic expansion and growth of the Huntsville metropolitan statistical […]
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People: Steve Hewett says experience, focus, hard work and honesty remain the keys to success for The Sanders Trust
Pioneering HRE firm’s EVP and CIO explains how TST has adapted to a changing market By John B. Mugford BIRMINGHAM, Ala. – The current environment for investing in healthcare real estate (HRE) assets, including medical office buildings (MOBs), is not an easy one, especially for firms that have been in the business for a long […]
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Entries now open for seventh annual HREI Insights Awards
Healthcare Real Estate Insights™ magazine announces that entries are now open for the Seventh Annual HREI Insights Awards, recognizing excellence in healthcare real estate. Entries are due Monday, Sept. 30, 2019. 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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Cover Story: Montecito keeps finding MOBs to its liking
From calendars and posters to condo conversions to healthcare real estate, the entrepreneurial Conk clan continues to find success By John B. Mugford The four-year span from 2015-18 can generally be described as a Golden Age for medical office building (MOB) sales, as the product type became a mainstream real estate investment and saw annual […]
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Transactions: MOB sales rebound in Q2 to $3.06 billion
That total came after a slow Q1, when sales totaled $1.5 billion By John B. Mugford Prior to the start of 2019, a number of professionals involved in the medical office building (MOB) sector predicted that sales of the facility type would once again, for the fifth year in a row, be right around — […]
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Feature Story: Kaiser Permanente’s retail strategy
America’s largest MOB owner explains what it looks for in a retail location By John B. Mugford Plenty of health systems and physician practices these days are setting up shop in retrofitted spaces in retail centers, including large shopping malls. But how does this get done, what malls make the best locations for such spaces, […]
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May/June 2019
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) 2019 Archives 2018 Archives 2017 Archives 2016 Archives 2015 Archives 2014 Archives 2013 Archives The full content of this article is […]
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Feature Story: It’s official: Retail has discovered healthcare
Annual ICSC RECon retail real estate event focuses on healthcare for the first time By Murray W. Wolf Held annually at the Las Vegas Convention Center, the International Council of Shopping Centers (ICSC) RECon global convention for the shopping center industry is one of the largest trade shows conducted in the United States. Last year, […]
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News Release: CBRE Promotes Sabrina Solomiany to Lead Debt and Structured Finance for Healthcare Capital Markets
CAPITAL MARKETS ATLANTA – September 17, 2019 – CBRE announced today the promotion of Sabrina Solomiany to first vice president of national Healthcare Capital Markets. Based in Atlanta, GA, Ms. Solomiany will continue to work with Chris Bodnar and Lee Asher, vice chairmen and co-heads of Healthcare Capital Markets, to focus on debt and structured […]
News Release: NKF Orchestrates $15.5 Million Sale of One Park Way in Haverhill, MA
FOR IMMEDIATE RELEASE NKF Orchestrates $15.5 Million Sale of One Park Way in Haverhill, MA Pentucket Medical Realty Limited Partnership Sells Medical Office Building to American Healthcare Investors Boston, MA (September 16, 2019) — Newmark Knight Frank (NKF) announced today the successful completion of the $15.5 million sale of One Park Way in Haverhill, Massachusetts […]
News Release: Montecito Medical Acquires Medical Office Building in California Bay Area
FOR IMMEDIATE RELEASE September 16th, 2019 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired the Bass Medical Group medical office building in Walnut Creek, California. The office property, which boasts more than 83,000 square feet of space, is 100-percent leased by Bass Medical Group, one of […]
News Release: For Immediate Release Atlantic Health System makes full investment in Rockaway, buys Health Pavilion building for nearly $26 million
For Immediate Release ROCKAWAY, NJ – SEPTEMBER 2019 – Atlantic Health System, a leading health care provider in New Jersey, recently purchased the building and property housing the Morristown Medical Center Health Pavilion in Rockaway, underscoring both its full investment in the facility, as well as its full commitment to the community. The Pavilion, opened […]
News Release: Kirco Secures Management Agreement with Global Medical REIT for Mission Health Building in Livonia, Mich.
FOR IMMEDIATE RELEASE Troy, Mich., September 10, 2019 – KIRCO – a full-service commercial development, construction (KIRCO MANIX) and property management organization – announced today that the company has secured a new management agreement with Global Medical REIT (GMR) for the management of the Mission Health building in Livonia, Mich. “Although KIRCO managed the property […]
News Release: HCP to Acquire a Trophy Life Science Property in West Cambridge
IRVINE, Calif., Sept. 9, 2019 /PRNewswire/ — HCP, Inc. (NYSE: HCP) announced today that it executed a definitive agreement to acquire, for $332.5 million, a 224,000 square foot, LEED Gold® laboratory building located at 35 CambridgePark Drive, which is expected to close in December 2019. The property is being purchased from The Davis Companies and Invesco Real Estate (“Invesco”). 35 […]
News Release: Justin Skiver Named Global Head of Seniors Housing
TOLEDO, Ohio, Sept. 9, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that Justin Skiver has been named Senior Vice President (“SVP”), Global Head of Seniors Housing. Mr. Skiver has been with the Company since 2009 and most recently served as SVP, International, having relocated to lead the London office in 2018. Previously, Mr. Skiver served as SVP, Underwriting where he was responsible […]
News Release: Anchor Health Properties Significantly Expands its Huntsville MSA Presence
FOR IMMEDIATE RELEASE September 09, 2019 Anchor Health Properties Significantly Expands its Huntsville MSA Presence Through the Acquisition of a Large Off Market Portfolio of On Campus Medical Office Buildings (Media, PA) Anchor Health Properties (Anchor) a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has recently invested […]
News Release: Healthcare Trust of America Announces Pricing of $250 million of 3.500% Senior Unsecured Notes Due 2026 and $650 million of 3.100% Senior Unsecured Notes Due 2030
NEWS PROVIDED BY Healthcare Trust of America, Inc. Sep 05, 2019, 16:43 ET SCOTTSDALE, Ariz., Sept. 5, 2019 /PRNewswire/ — Healthcare Trust of America, Inc. (“HTA”) (NYSE: HTA) announced today that its operating partnership, Healthcare Trust of America Holdings, LP (“HTALP” and, together with HTA, the “Company”), priced a $250 million offering of HTALP’s 3.500% senior unsecured notes due 2026 (the “2026 […]
News Release: Newmark Knight Frank Continues to Grow Global Healthcare Services Platform; Hires Industry Veterans Miele and Nero
New York, NY (September 6, 2019) — Newmark Knight Frank (NKF) is pleased to announce the addition of two commercial real estate veterans to its Global Healthcare Services (GHS) practice group, Jay Miele and John Nero, joining as Senior Managing Director and Managing Director, respectively. Miele and Nero will specialize in advising health systems, developers […]
News Release: Optimal is Expanding Across State Lines
Optimal Outcomes Bringing a Unique Approach to Baton Rouge 17,000 SF Cancer Center As one of the most active and sought-after developers of medical office and medical-related projects along the Gulf Coast, Optimal Outcomes was approached by American Oncology Network and Hematology/Oncology Clinic (HOC) in Baton Rouge, LA to develop a 17,000 SF cancer center. […]
News Release: Colliers International Appoints Industry Veteran to Lead Healthcare Services
Shawn Janus Joins Firm as National Healthcare Director CHICAGO, Sept. 05, 2019 (GLOBE NEWSWIRE) — Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) today announced that Shawn Janus has joined the company as U.S. National Healthcare Director. In his new role, Janus will lead Colliers U.S. Healthcare Services with […]
News Release: Just Closed – Final Property in the New York State Medical Office Portfolio
Jacobson Properties and Pyramid Brokerage Company of Binghamton announce the sale of the Benedictine Cancer Center, Kingston, New York – The final property in the $58.6 million New York State Medical Office Portfolio August 22, 2019 (Kingston, New York) Lisa Menin of Jacobson Properties and Leo Jones of Pyramid Brokerage Company of Binghamton are pleased to […]
News Release: Tim McHugh Named Welltower’s Chief Financial Officer
NEWS PROVIDED BY Welltower Inc. Sep 04, 2019, 16:15 ET TOLEDO, Ohio, Sept. 4, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that Tim McHugh has been named Senior Vice President, Chief Financial Officer. Mr. McHugh has been with the Company since 2016 and most recently served as Senior Vice President, Corporate Finance. “Since joining us in 2016, Tim has […]
News Release: Just Closed – 3rd Street Medical Center
JUST CLOSED 3RD STREET MEDICAL CENTER Los Angeles, CA Sale Date: 8/22/2019 Property Size: 147,078 SF Occupancy: 90% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the 3rd Street Medical Center (the “Property”), located in Los Angeles, California. Chris Bodnar, Lee Asher, Ryan Lindsley, Sabrina Solomiany and Shane Seitz partnered with Angie […]
Thought Leaders
- Thought Leaders: Investor demand for medical office remains strong despite lower first half 2019 sales
- Thought Leaders: Ambulatory Care Facility Development, Simone Health, Lists 3 Healthcare Construction Trends to Keep an Eye On
- Thought Leaders: Cushman & Wakefield – Vital Signs Spotlight – The Urgent Care Surge
