2018

Finalists: 2018 HRE Executive of the Year - Mark A. Davis

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

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

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.

Inpatient Projects: Mayo Clinic plans $648 million expansion at its campus in Phoenix, nearly doubling its size

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,

Transactions: New Atlanta MOB sells for $83 million

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

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

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, […]

Industry Pulse: AI Could Save Money, Advance Medicine

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.

Transactions: Pension fund sells MOBs for $34.4M

Transactions: Pension fund sells MOBs for $34.4M

Iowa retirement system advisor sells facilities near Philadelphia and New York An undisclosed global investment advisor acting on behalf of the Iowa Public Employee Retirement System (IPERS) recently sold two medical office properties to two separate buyers for a total of $34.4 million.

Outpatient Projects: Hospital in Council Bluffs, Iowa, breaks ground for $18 million, 60,000 s.f. on-campus MOB

Outpatient Projects: Hospital in Council Bluffs, Iowa, breaks ground for $18 million, 60,000 s.f. on-campus MOB

Council Bluffs, Iowa – Methodist Jennie Edmundson Hospital, part of Omaha, Neb.-based Nebraska Methodist Health System, broke ground recently for a 60,000 square foot MOB that will help

Inpatient Projects: Allegheny Health, Highmark and Emerus teaming up on micro hospital near Pittsburgh

Inpatient Projects: Allegheny Health, Highmark and Emerus teaming up on micro hospital near Pittsburgh

McCandless, Pa. – As part of its $1 billion plan to expand its care offerings in western Pennsylvania, Pittsburgh-based Allegheny Health Network (AHN), which is part of insurance provider

Transactions: Montecito Medical pays $11.5 million for eye center-anchored MOB in Willmar, Minn.

Transactions: Montecito Medical pays $11.5 million for eye center-anchored MOB in Willmar, Minn.

Willmar, Minn. – In more news from Nashville-based Montecito Medical, the firm recently paid $11.5 million for a “Class A” MOB in Willmar, about 90 miles west of Minneapolis. Completed in 2005,

Industry Pulse: On the Record

Industry Pulse: On the Record

What is behind the healthcare retailization trend and will it continue? “People want convenience and high-quality care, and they want it to be easy. The trend of neighborhood healthcare locations will continue – and escalate. Neighborhood health destinations will continue to grow, including primary care, urgent health care, lab, hearing and vision services.” Patrick Carroll, […]

Transactions: Griffin-American REIT IV acquires 43,000 square foot MOB near Milwaukee for $7.6 million

Transactions: Griffin-American REIT IV acquires 43,000 square foot MOB near Milwaukee for $7.6 million

Glendale, Wis. – Irvine, Calif.-based Griffin-American Healthcare REIT IV recently purchased an 80 percent occupied, 43,000 square foot MOB in Glendale, a suburb north of Milwaukee.

Industry Pulse: Two More Sizable Mob Portfolios Hit The Market

Industry Pulse: Two More Sizable Mob Portfolios Hit The Market

USAA Real Estate and partners are selling two MOB portfolios acquired via joint ventures If 2017 was “The Year of the Portfolio” with respect to the total dollar volume of multi-asset medical office building (MOB) transactions, 2018 might be shaping up to be “The Year of the Portfolio” in terms of the sheer number of MOB […]