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TRANSACTIONS: Anchor Health Properties adds to San Diego portfolio with two acquisitions

SAN DIEGO – Wilmington, Del.-based Anchor Health Properties is continuing its growth mode, as the company that once focused most of its efforts on healthcare developments has emerged as a significant player in the MOB acquisitions arena.

TRANSACTIONS: DOC to acquire more Minnesota MOBs

TRANSACTIONS: DOC to acquire more Minnesota MOBs

Physicians Realty Trust agrees to buy additional facilities from developer Davis By John Mugford When Milwaukee-based Physicians Realty Trust (NYSE: DOC) acquired a portfolio of eight medical office buildings (MOBs) from The Davis Group in early 2015, officials with both firms said the transaction was likely the start of a new, ongoing relationship. That relationship is continuing this fall with a recent […]

INDUSTRY PULSE: REVISTA RELEASES FIRST TOP 50 METRO RANKINGS

INDUSTRY PULSE: REVISTA RELEASES FIRST TOP 50 METRO RANKINGS

The New York metro area is first in several categories, including total square footage The healthcare real estate (HRE) data firm Revista recently released its first-ever “Top 50 Metro Rankings Report for Medical Real Estate.” Here were the top 10 metros, ranked in order of the total number of medical properties:

ON THE RECORD: What attributes is your system looking for in a medical office building?

ON THE RECORD: What attributes is your system looking for in a medical office building?

“We’re looking for access and visibility… for more flexible space, so we have a nice grid we can manipulate as time goes by and things change. Definitely good accessibility for ADA and elderly patients.

INDUSTRY PULSE: MOB SALES HEADED FOR ANOTHER RECORD

INDUSTRY PULSE: MOB SALES HEADED FOR ANOTHER RECORD

RCA says that first-half sales topped $7.2B; JLL says $5.5B There’s a good chance that medical office building (MOB) sales in 2017 will top the all-time record. No matter who is compiling the data, it is clear that 2017 is on a record-setting pace after a remarkable first half of the year. Commercial real estate research firm Real Capital Analytics Inc. […]

INDUSTRY PULSE: DETAILS EMERGE ON CBRE GIP ACQUISITION

INDUSTRY PULSE: DETAILS EMERGE ON CBRE GIP ACQUISITION

RCA says the deal was slightly larger than first announced More details have emerged in the large medical office building (MOB) portfolio acquisition that was announced Aug. 16 by Los Angeles based CBRE Global Investment Partners (CBRE GIP), an independently operated affiliate of CBRE Group Inc. (NYSE: CBG).

ON THE RECORD: What is the outlook for medical real estate in the coming years?

ON THE RECORD: What is the outlook for medical real estate in the coming years?

“The steep increase in the 65+ population and anticipated greater need for in-office physician services by this group signals a continued increase in demand for healthcare services and medical office space in the years ahead.” 

INDUSTRY PULSE: HRE PROPERTIES ESCAPED MUCH HURRICANE DAMAGE

INDUSTRY PULSE: HRE PROPERTIES ESCAPED MUCH HURRICANE DAMAGE

How did Hurricane Harvey affect healthcare real estate in the Greater Houston area? When one thinks of the Houston healthcare market, one immediately thinks of the 1,345-acre Texas Medical Center (TMC), the world’s largest medical center – and home to some of the world’s most valuable healthcare real estate. So did the TMC, southwest of flood-ravaged downtown Houston, […]

CAPITAL MARKETS: Spotlight on IPA Capital Markets

CAPITAL MARKETS: Spotlight on IPA Capital Markets

Gino Lollio and Scott Niedergang expound on medical office, the current market By Erik Tellefson In continuing with our “Spotlight on” series, this month we are discussing the medical office (MOB) asset class with Gino Lollio and Scott Niedergang from IPA Capital Markets, who share their views on the market, current events and expectations for 2017, with an emphasis on deal […]

TRANSACTIONS: Benedict Realty Group reportedly plans to add medical space to newly acquired asset

TRANSACTIONS: Benedict Realty Group reportedly plans to add medical space to newly acquired asset

GREENWICH, Conn. – New York-based Benedict Realty Group (BRG) has reportedly acquired a Greenwich office building for $33.8 million and plans to convert some of the space for medical use, according to a July 18 article in the local Greenwich Time newspaper.

TRANSACTIONS: Hammes Partners II acquires MOB portfolio in Massachusetts; BGL represents seller

TRANSACTIONS: Hammes Partners II acquires MOB portfolio in Massachusetts; BGL represents seller

CHICOPEE, Mass. – The healthcare team with Cleveland-based Brown Gibbons Lang | Real Estate Partners (BGLREP) represented the seller of a three-MOB, 138,000 square foot portfolio near Chicopee, Mass.

Transactions: Joint venture of USAA and HSA PrimeCare acquires MOB in northwest Minneapolis suburb

Transactions: Joint venture of USAA and HSA PrimeCare acquires MOB in northwest Minneapolis suburb

PLYMOUTH, Minn. – An equity investment fund comprising San Antonio-based USAA Real Estate and Chicago-based HSA PrimeCare recently expanded its portfolio with the acquisition of a 45,722 square foot medical office building (MOB) in a highly trafficked commercial area of Plymouth, a Minneapolis suburb.

TRANSACTIONS: Velocis acquires value-add MOB complex in San Antonio; JLL represented the seller

TRANSACTIONS: Velocis acquires value-add MOB complex in San Antonio; JLL represented the seller

SAN ANTONIO – Legacy Oaks, a seven-building, 224,262 square foot medical office complex next to South Texas Medical Center in San Antonio, has been sold.

TRANSACTIONS: Griffin-American REIT IV buys CHI-anchored surgery center in Oregon for $23.2 million

TRANSACTIONS: Griffin-American REIT IV buys CHI-anchored surgery center in Oregon for $23.2 million

ROSEBURG, Ore. – Irvine, Calif.-based Griffin American Healthcare REIT IV in late June acquired the three-story, 62,246 square foot Roseburg Surgery Center in southwest Oregon for $23.2 million, or $374 per square foot (PSF), according to data from Real Capital Analytics (RCA).

TRANSACTIONS: Global Medical REIT pays $49.5 million for Oklahoma City facilities; BGL brokers sale

TRANSACTIONS: Global Medical REIT pays $49.5 million for Oklahoma City facilities; BGL brokers sale

OKLAHOMA CITY – Three facilities in Oklahoma City that are home to services provided by the Oklahoma Center for Orthopaedic & Multi-Specialty Surgery recently traded for $49.5 million, according to data from RCA.