Transactions: Broadstone REIT buys 18 MOBs
Elliott Bay portfolio is being sold in chunks; dialysis centers will close next By John B. Mugford When Seattle-based Elliott Bay Capital Trust LLC put a healthcare real estate (HRE) portfolio on the market in April 2018, it offered 91 single-tenant net-leased (STNL) facilities with a total of 1.02 million square feet in 25 states. […]
Jan/Feb 2019
Please click on one of the options below to access the current edition of Healthcare Real Estate Insights™ in your preferred format (paid subscription required): PDF (“snapshot” of entire publication) Website (individual articles) 2019 Archives 2018 Archives 2017 Archives 2016 Archives 2015 Archives 2014 Archives 2013 Archives
Jan/Feb 2019 PDF
To prevent unauthorized use of our Federally copyrighted content, Healthcare Real Estate Insights™ uses a three-step process to unlock access to the PDF versions of the Current Editions and Archives:
December 2018
Please click on one of the options below to access the current edition of Healthcare Real Estate Insights™ in your preferred format (paid subscription required): PDF (“snapshot” of entire publication) Website (individual articles) 2018 Archives 2017 Archives 2016 Archives 2015 Archives 2014 Archives 2013 Archives
Transactions: Chicago med space has new owner
MBRE Healthcare pays $16.8 million for 93,000 square feet in a unique deal By John B. Mugford In a unique partnership, three companies, including a well-known healthcare real estate (HRE) firm, have co-invested in the purchase of a 40-story, “Class A” building housing three district uses on Chicago’s Near North Side. The building at 150 and 160 E. Huron Street in the […]
Finalists: 2018 HRE Executive of the Year – Mark A. Davis
Mark A. Davis Davis, Minneapolis Considered the “foremost expert” on healthcare real estate in the Upper Midwest, Mr. Davis and his 30-year-old firm, Davis, has developed more than 20 MOBs with a total cost exceeding $250 million. During his career, Mr. Davis has leased, developed and/or acquired more than 7 million square feet of MOB […]
Transactions: ESJ Capital Partners sells repositioned medical services campus in Tampa, Fla., for $18 million
Washington NJ – A pair of New Jersey-based real estate firms were recently involved in a transaction involving a 106,415 square foot outpatient campus in the planned community of The Village at
Inpatient Projects: Mayo Clinic plans $648 million expansion at its campus in Phoenix, nearly doubling its size
Phoenix – As demand for its services continues to increase in the Southwest, Rochester, Minn.- based Mayo Clinic has announced plans for a $648 million expansion of its campus in the northern part of Phoenix. The five-year project, known as Arizona Forward,
Industry Pulse: A Stronger Post-Acute Sector Could Benefit HRE
If more health systems acquire post-acute operations, that could benefit the real estate One of the largest publicly traded, healthcare-focused real estate investment trusts (REITs), Toledo based Welltower Inc. (NYSE: WELL), has launched a new report focused on HRE trends and analyses.
Companies & People: Griffin-American Healthcare REIT III reports Q2 operating results; portfolio valued at $3 billion
Irvine, CA – Irvine-based Griffin-American Healthcare REIT III Inc. announced its operating results for the second quarter (Q2), when the non-traded real estate investment trust (REIT) achieved an average occupancy of 92.4 percent in its non-RIDEA properties and
Transactions: New Atlanta MOB sells for $83 million
DOC acquires 12-story Midtown MOB, which is anchored by Northside Hospital By John B. Mugford The sale of a large, newly completed MOB in the heart of Atlanta’s popular Midtown area comes on the heels of several years of diligent work by Atlanta based Northside Hospital Inc. and Realty Trust Group (RTG), a fullservice healthcare […]
Inpatient Projects: Milwaukee-based Froedtert plans a new hospital in the suburb of Mount Pleasant, Wis
Mount Pleasant, Wis. – Froedtert South Hospital in Kenosha, Wis., recently announced plans for a two-story hospital and four-story MOB on a new campus in nearby Mount Pleasant. The future
Hot Property: 14 MOBs with strong affiliations
Landmark Healthcare Facilities offers 95% occupied, 1.5 million s.f. portfolio Name: Landmark MOB Portfolio Seller: Landmark Healthcare Facilities Number of buildings: 14 Square feet: 1.5 million States: 8 Occupancy: 95 percent Avg. remaining lease: 9 years Brokerage: Healthcare Real Estate Capital (HRE Cap) Lead broker: Jeffrey Cooper So far this year, a number of larger, […]
Post-Acute & Senior Living: Capital One leverages revised HUD rule to provide refinancing for Chicago-area property
Des Plaines IL. – Bethesda, Md.-based Capital One reports that it recently provided a 35-year, fixed-rate $28.4 million HUD (Housing and Urban Development) loan to refinance a supportive living
Industry Pulse: AI Could Save Money, Advance Medicine
Artificial intelligence could help healthcare save billions While healthcare is widely considered to be one of the country’s juggernaut industries, out-of-control, rising costs could derail the sector in any number of ways.
