News Release: Healthcare Real Estate Insights and Revista to publish outpatient development survey

News Release: Healthcare Real Estate Insights and Revista to publish outpatient development survey

Deadline is Feb. 9, 2018, to contribute data – and get an exclusive sneak preview of the results – for the second independently verified survey of medical real estate projects MINNEAPOLIS, Jan. 10, 2018 – Revista and Healthcare Real Estate Insights (HREI) are launching the second annual survey that is the healthcare real estate (HRE) […]

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HRE Executive of the Year John Thomas of Physicians Realty Trust with Erik Tellefson of Capital One, the lead sponsor of the awards

News Release: 2017 HREI Insights Awards™ Winners announced

Healthcare Real Estate Insights™ recently presented awards to the 2017 winners of the only comprehensive national program recognizing excellence in healthcare real estate MINNEAPOLIS, Dec. 7, 2017 – Healthcare Real Estate Insights™ magazine has announced the Winners of the 2017 HREI Insights Awards™, the only national awards dedicated to recognizing excellence in the areas of […]

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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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Hurricane Harvey barrels into Texas (Photo courtesy of NASA)

Cover Story: Perfect Storm – The inside story of MedProperties’ acquisition of the Harrison Street Portfolio

MedProperties’ recent $230 million acquisition of the Harrison Street Portfolio was unusually large and complex, involving three sellers, 18 properties in 10 states, intense time pressure, and unconventional financing. Now throw in two hurricanes, a cyber-attack, two new babies, a failed phone system, a trip to the emergency room, and a few more surprises, and it’s […]

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October 2017

October 2017

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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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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News Release: MorningStar Senior Living, Confluent Senior Living Begin Construction on Rio Rancho Community

Project Partners Begin Second Development in Metro Albuquerque  RIO RANCHO, NM (January 16, 2018) – Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on a new senior living community in Rio Rancho, New Mexico. The 70,863-square-foot development in the northern suburb of Albuquerque will deliver 77 units for assisted living and memory […]

News Release: Meridian Purchases 29,000 SF Parcel in Downtown Long Beach, CA to Build MOB; This is Meridian’s second purchase in Southern California in two months

News Release: Meridian Purchases 29,000 SF Parcel in Downtown Long Beach, CA to Build MOB; This is Meridian’s second purchase in Southern California in two months

IRVINE, Calif. – Meridian, a full-service commercial real estate developer based in California, is pleased to announce the purchase of three existing buildings on five parcels totaling 29,000 square feet of land located in Downtown Long Beach at 1078-1090 Atlantic Boulevard. Meridian paid $2.45 million for the property, which is located across the street from […]

News Release: Recently Sold: MOB Portfolio, Virginia Beach, VA

News Release: Recently Sold: MOB Portfolio, Virginia Beach, VA

Newmark Knight Frank Global Healthcare Services RECENTLY SOLD: Urology of Virginia Portfolio, Virginia Beach, VA   Total SF: 86,377 SF Medical Office Portfolio Selling Price: $38,400,000 Sale Date: 11/16/2017 Todd Perman, CCIM Executive Managing Director Global Healthcare Services 404.806.2510 tperman@ngkf.com Garth Hogan Executive Managing Director Global Healthcare Services 949.608.2115 ghogan@ngkf.com Dana Hamric Managing Director Global Healthcare […]

(Photo courtesy of Elliott Bay Capital Trust)

News Release: Elliott Bay Announces 2017 Activity: 37 Properties Acquired, Three Independent Members Join Board of Directors

NEWS PROVIDED BY Elliott Bay Capital Trust Jan 12, 2018, 11:40 ET SEATTLE, Jan. 12, 2018 /PRNewswire/ — Elliott Bay Capital Trust (“Elliott Bay“), a privately held real estate investment firm that invests in mission-critical healthcare properties leased by leading specialty care providers, hospitals, and health systems, has announced the expansion of its national portfolio of healthcare real estate […]

News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $18.6 Million Facility for Kayne Anderson

News Release: Deal Announcement (CRE) | BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $18.6 Million Facility for Kayne Anderson

BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $18.6 Million Facility for Kayne Anderson. BMO Harris Bank’s Healthcare Real Estate Finance group announced that it closed an $18.6MM acquisition financing for Kayne Anderson Real Estate Advisors (KAREA) and MBRE Healthcare (MBRE) for a 55k sq. ft newly constructed Medical Office Building in […]

News Release: Announcement - $9,340,000 Medical Office Sale in Pell City AL. - Fairfield Advisors

News Release: Announcement – $9,340,000 Medical Office Sale in Pell City AL. – Fairfield Advisors

Fairfield Advisors announces sale of Northside Medical Office Building in Pell City, AL. – $9,340,000 Transaction  January 10, 2018 – (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 located at 70 Plaza Drive in Pell […]

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Outpatient Projects: PMRG and physician partners start work on new 58,000 s.f. MOB adjacent to Baylor Scott & White hospital in Irving, Texas

IRVING, Texas – Local news media reports that Houston-based PMRG, along with several physician partners, recently began construction of a three-story, 58,000 square foot MOB adjacent to the 296-bed Baylor Scott & White Medical Center – Irving hospital. The new Medical Office Building III is roughly 80 percent pre-leased to medical providers, including, HealthTexas Provider […]

OSF St. Joseph Medical Center (Photo courtesy of OSF Healthcare)

Outpatient Projects: State approves $25.3 million, 52,704 s.f. MOB for OSF St. Joseph Medical Center in Bloomington, Ill.

BLOOMINGTON, Ill. — The Illinois Health Facilities and Services Review Board (IHFSRB) voted unanimously yesterday (Jan. 9) to approve an application from OSF St. Joseph Medical Center in Bloomington to develop a $25.3 million, 52,704 square foot on-campus MOB. The hospital, part of Peoria, Ill.-based OSF Healthcare System, plans to fund the project with bonds. […]

News Release: HFF announces $14M sale of medical office building in Overland Park, Kansas

News Release: HFF announces $14M sale of medical office building in Overland Park, Kansas

Holliday Fenoglio Fowler, L.P. (HFF) announces the $14 million sale of 5525 W 119th Street, a 38,496-square-foot medical office building on the campus of HCA Menorah Medical Center in the Kansas City suburb of Overland Park, Kansas. The HFF team represented the seller, and procured the buyer, CNL Healthcare Properties II, a non-traded real estate […]

News Release: Avison Young Announces Sale of Marin Cancer Institute to Harrison Street Real Estate Capital

News Release: Avison Young Announces Sale of Marin Cancer Institute to Harrison Street Real Estate Capital

Avison Young, the world’s fastest-growing commercial real estate services firm, announced today the sale of the Marin Cancer Institute, a 45,277 square-foot (sf) class A medical office building located on the campus of Marin General Hospital at 1350 S Eliseo Dr, Greenbrae, CA.  The building was acquired by Harrison Street Real Estate Capital (Harrison Street), […]

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News Release: BayCare’s Mease Countryside Hospital Begins $156 Million Expansion

New Patient Tower and Parking Garage with Elevated Walkway Designed to Enhance Access and Efficiency SAFETY HARBOR, Fla., (January 8, 2018) — Mease Countryside Hospital is starting a major expansion and renovation project that will create a more connected hospital campus by adding a new four-story patient tower with all private rooms and four-story parking garage […]

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News Release: HSS, Tenet and USPI Announce Agreement to Open Orthopedic Care Facility in West Palm Beach, Florida

DALLAS—Hospital for Special Surgery (HSS), Tenet Healthcare Corporation (“Tenet”) (NYSE:THC) and United Surgical Partners International (USPI), a Tenet subsidiary, today announced that they have entered into a definitive agreement for a joint partnership to create an orthopedic care center in West Palm Beach, Florida. Located in a new building to be constructed in West Palm […]

News release: Jeff Kent to Lead Health Care Institute in Expansion  of Local Networking, International Education Offerings

News release: Jeff Kent to Lead Health Care Institute in Expansion of Local Networking, International Education Offerings

Health Care Institute Appoints Jeff Kent President, Effective Jan. 1 The Health Care Institute has appointed Jeff Kent, Managing Director Facilities, Nemours Foundation, as president of the association, effective immediately. Kent succeeds Mike Wood, CHC, MSM, BS, ARRT, RT, owner of Impact! Consulting, in this role. Kent moves into his new role following Wood’s two-year […]

News Release: CBRE FACILITATES $368 MILLION SALE OF IRET MEDICAL OFFICE BUILDING PORTFOLIO TO HARRISON STREET

News Release: CBRE FACILITATES $368 MILLION SALE OF IRET MEDICAL OFFICE BUILDING PORTFOLIO TO HARRISON STREET

CBRE FACILITATES $368 MILLION SALE OF IRET MEDICAL OFFICE BUILDING PORTFOLIO TO HARRISON STREET CBRE announced today that it facilitated the $367.7 million portfolio sale of 25 medical office buildings owned by IRET, a real estate company based in Minneapolis and Minot, North Dakota, to Chicago-based Harrison Street Real Estate Capital LLC, (“Harrison Street”), one […]

News Release: Flagship Healthcare Properties acquires Southport medical office building

News Release: Flagship Healthcare Properties acquires Southport medical office building

Flagship Healthcare Properties has acquired Dosher Wellness Center located at 3009 Medical Plaza Lane Southport, North Carolina. The new Class A, ± 25,500 square foot medical office building (“MOB”) was recently developed as a build-to-suit and is fully leased by Dosher Memorial Hospital. “Flagship is pleased to expand our presence in the coastal Carolinas and […]