• .
    .

Archives by date

You are browsing the site archives by date.

The CNL MOB portfolio includes the University of Tennessee Medical Center Cancer Institute building in Knoxville, Tenn. Photo courtesy of BarberMcMurry Architects

Industry Pulse: Healthcare REITs have been top performers in 2018

Amid a ‘volatile’ year for REITs, HFF says the healthcare sector delivered the best returns Although real estate investment trust (REIT) performance has been “volatile” in 2018, most REITs are on track to finish the year in positive territory, with healthcare REITs leading all sectors in total returns. That was according to the Quarterly Market Perspectives […]

News Release: Just Sold – Value-Add Medical Office Project Trades for $6.3 Million in Redlands, CA

News Release: Just Sold – Value-Add Medical Office Project Trades for $6.3 Million in Redlands, CA

Transaction Summary CBRE’s Investment Properties-So Cal team is pleased to announce the sale of Park Plaza, a three-building medical office project located at 1776, 1782 and 1790 West Park Avenue in Redlands, California, at a price of $6,300,000. The 52,407-square-foot project was 32% occupied at the time of sale.   Gary Stache, Sammy Cemo, Doug […]

News Release: Guthrie Sees Growth, Plans Tompkins County Expansion

News Release: Guthrie Sees Growth, Plans Tompkins County Expansion

Guthrie has announced plans to move forward with construction of a medical office building as part of a mixed-use property planned for Ithaca’s City Harbor waterfront development. Guthrie will occupy a three-story, 60,000 square-foot medical office building at 101 Pier Road. The building will house a mix of clinical services designed to meet the identified […]

Thought Leaders: NKF Global Healthcare Services Fall 2018 U.S. Healthcare Market Update

Thought Leaders: NKF Global Healthcare Services Fall 2018 U.S. Healthcare Market Update

Market volatility and declines not affecting healthcare real estate and M&A Even with constant changing forces disrupting the healthcare industry, the medical office investment market and mergers and acquisitions activity continue to have a significant impact. In this report, healthcare real estate industry leaders Global Healthcare Services showcase the current U.S. healthcare real estate market, […]

Thought Leaders: Medical Office Produced Superior 3.2% NOI Growth Over Last Two Years

Thought Leaders: Medical Office Produced Superior 3.2% NOI Growth Over Last Two Years

Healthcare Capital Markets Perspective November 2018 Medical office buildings are associated with durable income, but they also offer consistent and positive income growth compared to other property classes.  The three dedicated MOB REITs produced 3.2% growth in net operating income over the last two years compared to only 0.57% for U.S. office REITs during the […]

News Release: St. James Hospital Cuts Ribbon on New Medical Office Building

News Release: St. James Hospital Cuts Ribbon on New Medical Office Building

Hornell, NY – St. James Hospital celebrated the opening of its new medical office building today at a ribbon-cutting ceremony and tour with community members, St. James providers and employees, UR Medicine leadership and elected officials, including New York Lt. Gov. Kathy Hochul. Located at 7309 Seneca Road North, in the former Wegmans plaza, the […]

News Release: Healthcare News to Use: TCC Begins Development of Hospital in the Northeast

News Release: Healthcare News to Use: TCC Begins Development of Hospital in the Northeast

Seavest & Trammell Crow Company Begin Development of Neighborhood Hospital for Allegheny Health Network The firms are helping to bring expanded emergency services, cancer care and other medical services to Westmoreland County, PA. Hempfield TWP, PA., and White Plains, N.Y., November 29, 2018 – Patients of Allegheny Health Network (AHN), a subsidiary of Highmark Health, […]

News Release: Ankura Healthcare Real Estate Solutions and Medicus Capital break ground on a 50,000-SF Outpatient Care Center for Northwest Community Healthcare in Kildeer, Illinois

News Release: Ankura Healthcare Real Estate Solutions and Medicus Capital break ground on a 50,000-SF Outpatient Care Center for Northwest Community Healthcare in Kildeer, Illinois

Kildeer, IL – More than 60 guests, including Northwest Community Healthcare leadership, Kildeer’s Village President, real estate investor Medicus Capital, development firm Ankura Healthcare Real Estate, builder Leopardo Companies and lender Wintrust Financial, attended a groundbreaking ceremony held on November 16th to mark the start of construction on a 50,000-square-foot, two-story Outpatient Care Center. The […]

News Release: Montecito Medical Acquires Medical Office Portfolio in Virginia

News Release: Montecito Medical Acquires Medical Office Portfolio in Virginia

Nashville, Tenn. — Montecito Medical, a premier owner of medical office buildings throughout the U.S., has acquired a portfolio consisting of three prime medical office buildings and a medical office condominium in the Richmond, Virginia, market area. The four properties in the portfolio — Boulders Medical Office Building, Memorial Regional Building, Johnston Willis Medical Office […]

News Release: Just Sold: Oceans Behavioral Health

News Release: Just Sold: Oceans Behavioral Health

Oceans Behavioral Health 3300 S FM 1788, Midland, TX 79706 64 Beds Just Sold in Midland, Texas: Krone Weidler, LJ Tsunis, and Kimberly Hamilton are pleased to announce the successful sale of Oceans Behavioral Health located in Midland, Texas. They had the exclusive listing to market the property on behalf of the seller, a professional […]

Thought Leaders: The Boulder Group | Net Lease Medical Research Report

Thought Leaders: The Boulder Group | Net Lease Medical Research Report

Q3 2018 NET LEASE MEDICAL REPORT RELEASED The Boulder Group releases its 3rd Quarter 2018 Net Lease Medical Report. The report provides comprehensive numbers and analysis of the net lease medical market. HIGHLIGHTS OF THE REPORT INCLUDE: Overall cap rate for net lease medical properties increased by 22 basis points from the third quarter of 2017 […]

News Release: Next Steps: HealthAlliance Submits Plans for Transformative Expansion and Enhancement of Mary’s Avenue Campus

News Release: Next Steps: HealthAlliance Submits Plans for Transformative Expansion and Enhancement of Mary’s Avenue Campus

Tuesday, November 27, 2018 Renderings and Construction Drawings Submitted to State Department of Health; Presentation to Kingston Planning Board December 17 KINGSTON, N.Y. — HealthAlliance of the Hudson Valley, a member of the Westchester Medical Center Health Network (WMCHealth), reached the next milestone in its plan to transform healthcare delivery in Ulster County with the […]

News Release: Sabal Bay Centre Sold

News Release: Sabal Bay Centre Sold

The medical and retail property in Naples sold for $5.8M Naples, FL (November 16, 2018) – Equity LLC announced that Mike Concilla and Hamish Williams recently brokered the sale of Sabal Bay Centre in Naples, FL for $5.8 million. Mike and Hamish represented Equity Sabal Bay MOB, LLC in the selling of the Sabal Bay, […]

News Release: PMB Completes Extensive $18.9 M Hospital Conversion

News Release: PMB Completes Extensive $18.9 M Hospital Conversion

PMB Completes Conversion of Community Rehabilitation Hospital South in Greenwood IN San Diego, CA (November 27, 2018) – PMB, one of the leading and most experienced developers focused exclusively on the continuum of care, has announced the completion of an extensive $18.9 million conversion of Community Rehabilitation Hospital South. Community Health Network and Kindred Healthcare […]

News Release: Cushman & Wakefield Arranges $10m Sale of Cape Coral Surgery Center

News Release: Cushman & Wakefield Arranges $10m Sale of Cape Coral Surgery Center

Gino Lollio, Scott Niedergang, Gary Tasman Represented Ownership Group CHICAGO, November 27, 2018 – Cushman & Wakefield has arranged the $10 million sale of Cape Coral Surgery Center Medical Office Building in Cape Coral, Fl. Gino Lollio and Scott Niedergang of Chicago, brokers in the firm’s Healthcare Advisory Practice, Capital Markets, with the assistance of […]