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News Release: Closed – 4800 Medical Center

CLOSED – 4800 Medical Center 4800 North Federal Highway, Fort Lauderdale, FL PRESS RELEASE CBRE announced today it has arranged the $2.65 million sale of 4800 Medical Center, a 100% leased medical office building in Fort Lauderdale. Located on 4800 North Federal Highway, directly across from Holy Cross Hospital, the property consists of a 0.44-acre parcel improved […]

Inpatient Projects: D.C. mayor’s plan calls for a $248 million, 106-bed replacement for United Medical Center

Inpatient Projects: D.C. mayor’s plan calls for a $248 million, 106-bed replacement for United Medical Center

The latest plan for replacing the troubled United Medical Center in the southeastern area of Washington D.C. calls for a new hospital with less than half as many beds, according to the Washington Post.

Industry Pulse: Neuro Group finds use for historic Mob

Industry Pulse: Neuro Group finds use for historic Mob

Fully renovated “Streamline Moderne” MOB back in use With the many changes taking place in the healthcare industry, one of the most common topics of conversation at healthcare real estate (HRE) conferences is what will be done with antiquated medical office buildings (MOBs).

Companies & People: Tampa team with Cushman & Wakefield is marketing MOB in master-planned community

Companies & People: Tampa team with Cushman & Wakefield is marketing MOB in master-planned community

A local team with Chicago-based Cushman & Wakefield was chosen to provide leasing services at a new MOB in a growing area of Wesley Chapel, about 20 miles north of Tampa. The new 16,000

Post-Acute & Senior Living: Senior housing occupancy falls in Q1

Post-Acute & Senior Living: Senior housing occupancy falls in Q1

But NIC says occupancies for assisted living are likely to rebound in the second quarter By John B. Mugford The occupancy rates for senior housing properties continue to drop, as the national average fell to 88.3 percent in the first quarter (Q1) of 2018. That represents a drop of 0.5 percent from Q4 2017 and […]

Industry Pulse: On the Record

Industry Pulse: On the Record

Are ROFOs and ROFRs more of a consideration now than in years past? “Yes… (In the past) when we received a letter saying someone was considering buying the building, we didn’t have the important discussions we needed to have.

Cover Story: ‘Constellations’ are the key to success

Why interconnected networks are crucial for ambulatory strategy and healthcare real estate 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 […]

Transactions: Q1 MOB sales were $2.2 billion

Transactions: Q1 MOB sales were $2.2 billion

And more large portfolio offerings hit the market shortly after end of the quarter By John B. Mugford Medical office building (MOB) sales in the first quarter (Q1) of 2018 were solid, if not spectacular, especially when compared to the record-setting year of 2017.

Industry Pulse: Mobs: Stable Demand, Strong Fundamentals

HRE investors have allocated $11.2 billion, CBRE says The 109 firms responding to the 2018 Healthcare Real Estate Investor & Developer Survey conducted by CBRE Group Inc. (NYSE: CBG) have allocated about $11.2 billion to acquire and develop healthcare facilities in 2018, representing a 25 percent drop from 2017.

May 2018

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Transactions: Montecito Medical acquires pair of adjacent, ortho-anchored MOBs in Covington, Ga

Transactions: Montecito Medical acquires pair of adjacent, ortho-anchored MOBs in Covington, Ga

In more news from Montecito Medical Real Estate, the company recently closed on the acquisition of adjoining medical facilities in Covington, about 30 miles east of Atlanta. With a total of 32,785

REIT Report: Analysts wary of healthcare REITs

But the sector is likely to remain an attractive investment for long-term investors By John B. Mugford Publicly traded healthcare real estate investment trusts (REITs) have been a popular investment in recent years, as they offer all the usual benefits of REITs – most notably high dividend yields – coupled with the demographic attractiveness of […]

Companies & People: Healthcare Trust of America CEO Scott D. Peters rings the closing bell at NYSE

Companies & People: Healthcare Trust of America CEO Scott D. Peters rings the closing bell at NYSE

It’s not every day that someone from the HRE sector rings the closing bell at the New York Stock Exchange (NYSE). Yet, that’s just what Scott D. Peters, CEO and Chairman of Scottsdale, Ariz.-based

Industry Pulse: On the Record

Industry Pulse: On the Record

Have providers’ views changed on whether to own vs. lease real estate? There is a general belief that, depending on the credit specifics, hospitals or health systems can borrow direct on a tax exempt basis at a lower cost than if they were leasing. There are exceptions to that, but as it’s evolved to physicians […]

Companies & People: Design firm HOK adds University of Michigan surgeon to its healthcare design group

Companies & People: Design firm HOK adds University of Michigan surgeon to its healthcare design group

Design firm HOK recently announced that it has appointed Dr. Andrew M. Ibrahim, a resident surgeon at the University of Michigan in Ann Arbor, as its chief medical officer. As such, Dr.