Industry Pulse: MOBs are going Godzilla. We’re talking big. Really big.
JLL, with data from Revista, says 44 future monster MOBs will top 150,000 square feet NATIONWIDE — The movie Godzilla: King of the Monsters opened May 31, with some film reviewers saying that the CG-generated “Beast from the East” seems to be getting bigger with every sequel. The same might be said of medical office buildings […]
News Release: Capital One Provides $42.5 Million Commitment to Finance San Francisco Life Science Campus
FOR IMMEDIATE RELEASE New York (June 4, 2019) – Capital One announced today that it participated in a $430 million syndicated loan to finance Phase 1 of the Gateway of Pacific campus in San Francisco for BioMed Realty, a Blackstone portfolio company. The financing was provided by a syndicate of banks led by JPMorgan Chase Bank. […]
News Release: MLL Capital Acquires Medical Office Property in Woburn, Massachusetts
FOR IMMEDIATE RELEASE Plans to transform 112,000 square foot, two-building campus into world-class clinical healthcare property BOSTON (June 4, 2019) – MLL Capital, a Boston-based commercial real estate investor focused on medical office, laboratory and life sciences properties across the US, announced today the acquisition of two medical office buildings, totaling 112,228 square feet, in Woburn, […]
Feature Story: How to land business with health systems
Health system execs talk about what they expect from third-party firms By John B. Mugford MINNEAPOLIS – It is likely that any professional or company involved in healthcare real estate (HRE) has a goal of providing services or capital for, or establishing a client relationship with, strong healthcare systems and providers. One very well-attended panel […]
News Release: CVS Health Outlines Strategy to Accelerate Growth
Tuesday, June 4, 2019 Help Drive Differentiated, Consumer-Centric Health Experience; 1,500 Expected to Open by End of 2021 Strong Execution on Aetna Integration Projected to Drive Approximately $300 – $350 Million of Synergies in 2019; Synergies of Approximately $800 Million Projected in 2020 Reaffirming 2019 Full Year Guidance; Consolidated Revenues $251.2 to $254.4 Billion, GAAP […]