John B. Mugford
Harrison Street-WRIT agreement has us wondering
Dear Reader:
According to our records at Healthcare Real Estate Insights™, our feature story concerning the $500.75 million deal between Harrison Street and Washington Real Estate Investment Trust (WRIT) could be the largest arm’s length sale involving an existing portfolio of MOBs in sector history.
I say could be, however, because a number of factors are open for debate when it comes to proclaiming a sale the largest ever.
First off, the overall deal is slated to take place in four separate transactions. Does that qualify as one sale?
Also, it looks as if two other deals in recent years have topped the $500 million mark, with the largest being
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