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 […]
November 2018
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Outpatient Projects: Local doctor started the process of developing an MOB in Shenandoah, Texas, near Houston
Shenandoah, Texas – As we reported in May, construction is continuing on a future 58,000 square foot MOB at 121 Vision Park
Companies & People: CBRE hires Mark Lamp as executive managing director of national healthcare practice
Los Angeles – In more news from CBRE Group Inc., Mark Lamp is the new executive managing director of the firm’s healthcare practice, according to the company. CBRE Healthcare, which is separate from the company’s Healthcare Capital Markets group,
Transactions: TopMed Realty buys a pair of buildings with 32,593 square feet in Boynton Beach, Fla.
Boynton Beach, FL – TopMed Realty Acquisitions LLC, the healthcare investment firm led by Roni Soffer and Joshua Friedman, recently acquired Boynton West Professional Centre, a
Transactions: Meridian sells dialysis clinic that it developed in Oakland for $1,230 per square foot
Oakland, CA – San Ramon, Calif.-based Meridian, which develops and owns medical facilities, recently sold a 12,754 square foot dialysis clinic that it completed in late 2017 in Oakland for $15.7
Outpatient Projects: Work starts on $24 million, on-campus MOB at OSF Healthcare hospital in Bloomington, Ill
Bloomington IL – Construction started recently on a $24 million, 53,000 square foot MOB on the campus of OSF HealthCare St. Joseph Medical Center campus in Bloomington. The future
Companies & People: Consulting firm Ankara acquires business units from Navigant for $470 million
Washington, DC – Washington-based Ankura, a business advisory and services firm, has closed on its previously announced acquisition of two business units from Chicago-based Navigant Consulting (NYSE: NCI), a well-known consulting firm in the healthcare industry. The price was $470 million for a deal that includes the sale of Navigant’s Healthcare Real Estate & Facilities […]
Outpatient Projects: Orthopedics group breaks ground on 57,000 square foot MOB in Newport News, Va
Newport News, VA – Construction is underway on a future MOB and ambulatory surgery center (ASC) for Newport News based
Companies & People: Welltower closes offering of $1.3 billion in senior unsecured notes; will repay loan facility
Toledo, Ohio – Toledo-based Welltower Inc. (NYSE: WELL) announced that it has closed its offering of $1.3 billion in aggregate principal senior unsecured notes across three tranche. The notes have a weighted average maturity of 15.4 years and a blended yield
Industry Pulse: Seavest, TCC Working On ‘Small-Format’ Hospitals
The partners are working with micro hospital operator Emerus on projects for AHN
Transactions: Montecito-Heitman partnership pays $13.2 million for adjacent MOBs in Lancaster, Pa.
Lancaster, PA – A joint venture (JV) partnership of Chicago based private equity investor Heitman and Nashville, Tenn.-based Montecito Medical Real Estate recently acquired a two-MOB
Transactions: Capital One was top HRE loan arranger in first half of ‘18, according to Thomson Reuters
Bethesda, MD – In more news from Capital One, the firm reports that its healthcare unit was the highest-ranked lead arranger of healthcare leveraged loans by deal count in every category up to $1 billion in the first half of 2018, according to data compiled by
Outpatient Projects: Construction is topped out for future $260 million, on-campus MOB in Newark, Del.
Newark, Del. – An Aug. 15 topping out ceremony marked the placement of the final steel beam on the future $260 million Center for Women and Children’s Health building on the campus of
