TRANSACTIONS: Griffin-American REIT IV buys CHI-anchored surgery center in Oregon for $23.2 million
ROSEBURG, Ore. – Irvine, Calif.-based Griffin American Healthcare REIT IV in late June acquired the three-story, 62,246 square foot Roseburg Surgery Center in southwest Oregon for $23.2 million, or $374 per square foot (PSF), according to data from Real Capital Analytics (RCA).
TRANSACTIONS: Global Medical REIT pays $49.5 million for Oklahoma City facilities; BGL brokers sale
OKLAHOMA CITY – Three facilities in Oklahoma City that are home to services provided by the Oklahoma Center for Orthopaedic & Multi-Specialty Surgery recently traded for $49.5 million, according to data from RCA.
TRANSACTIONS: MOB in Escondido, Calif., trades hands for $21.85 million; Fairfield advises
ESCONDIDO, Calif. – Denver-based Fairfield Advisors facilitated the $21.85 million sale of Citracado Plaza MOB in Escondido, Calif., north of San Diego.
CAPITAL MARKETS: Spotlight on JLL Capital Markets
Mindy Berman imparts her MOB knowledge and gives a market update By Erik Tellefson As part of my Capital Markets column – and in an effort to share thoughts on the healthcare real estate market from diverse viewpoints – I’ll be featuring commentary from some of my colleagues in the medical office community. This month, I spoke with Mindy Berman of JLL. […]
TRANSACTIONS: JLL handles sale of 77,825 s.f. Clearfork MOB on Texas Health hospital campus in Fort Worth
FORT WORTH, Texas – The Clearfork MOB, a fully leased, 77,825 square foot facility in Fort Worth, traded hands, the Healthcare Capital Markets Group with Chicago-based Jones Lang LaSalle Inc. (NYSE: JLL) announced July 17. The price was not disclosed, nor were the buyer and seller.
News Release: Healthcare Executive Andrew Hoover Joins Meridian as Vice President of Business Development
FOR IMMEDIATE RELEASE: Contact: Anne Monaghan Andrew Hoover Monaghan Communications Meridian 830.997.0963 […]
REIT REPORT: HCP makes changes at top, again
Some market observers are bullish on REIT’s outlook as it shores up its portfolio By John B. Mugford Changes in the executive leadership team at Irvine, Calif.-based HCP Inc. (NYSE: HCP) have been a way of life at the healthcare-focused real estate investment trust (REIT) for more than a year now. The REIT has also been making efforts to shore […]
TRANSACTIONS: Anchor Health and Physicians Realty Trust acquire MOB
HUNTSVILLE, Ala. – Wilmington, Del.-based Anchor Health Properties announced Aug. 8 that it has sourced and closed, with an equity partner, the Clearview Cancer Institute (CCI) MOB in Huntsville. The three-story, 112,500 square foot off-campus MOB is home to CCI’s operational headquarters in the Huntsville market and features two linear accelerators and multiple oncology bays.
TRANSACTIONS: HR Trust making $612.5 million buy
The seller of the portfolio is a sector pioneer, Atlanta-based Meadows & Ohly By John Mugford A quick perusal of the list of 15 medical office buildings (MOBs) that Atlanta-based Meadows & Ohly is selling to a large healthcare focused real estate investment trust (REIT) indicates how many health system relationships the long-time development firm has established over the years. Since its founding […]
COVER STORY: Top 50 Owners of Medical Real Estate
Data firm Revista releases most recent Top 50 owners report. Health systems still dominate and Kaiser is still the king. By John B. Mugford As has been the case for each of the past four years, the king of healthcare real estate (HRE) remains, according to a new report, Kaiser Foundation Hospitals, part of Kaiser Permanente, the massive […]
COMPANIES & PEOPLE: Ryan Companies grows healthcare practice by adding two experienced architects
MINNEAPOLIS – Ryan A+E Inc., the architectural and engineering practice of Minneapolis based Ryan Companies, has hired two architects focused on healthcare. Alena (Sakalouski) Johnson joins the team as director of architecture, healthcare for Ryan A+E and leads the day-to-day operations of the healthcare design team.
COMPANIES & PEOPLE: Lillibridge Healthcare Services’ Ian Hughes receives BOMA regional member of the year award
NASHVILLE, Tenn. – The Building Owners and Managers Association (BOMA) International honored Ian Hughes of Lillibridge Healthcare Services Inc. and three other members with a Regional Member of the Year Award during the 2017 BOMA International TOBY Awards in late June in Nashville.
COMPANIES & PEOPLE: Alvaro Rizo-Patron joins Hammes Company as regional VP at the firm’s new San Antonio office
SAN ANTONIO – Alvaro Rizo-Patron recently joined Brookfield, Wis.-based Hammes Company’s growing Texas operations as regional VP. Mr. Rizo-Patron, a building/infrastructure professional, works in company’s new office in San Antonio, which adds to the firm’s offices in Dallas and Houston.
COMPANIES & PEOPLE: Anchor Health lands 300,000 square foot management portfolio near Philadelphia
WILMINGTON, Del. – Wilmington-based Anchor Health Properties, a long-time healthcare real estate (HRE) developer that has expanded its platform in the last couple of years, announced July 7 that it was chosen to provide property management and leasing services for a large medical office portfolio in Chester County, Pa., outside of Philadelphia.
ON THE RECORD: What are your thoughts as you transition into a new role with Ventas?
“This is another inflection point in my journey in the world of healthcare real estate, and I look forward to supporting the transition and to working closely with the Ventas and Lillibridge teams to continue leveraging our success, I am proud of what we accomplished over the past 25+ years, and I want to express my sincere thanks to the people who have helped me build this great company.”
