Capital Markets

Capital Markets: 2018 BOMA MOB Conference

Capital Markets: 2018 BOMA MOB Conference

An excellent opportunity to network and hear about transactions in the market By Erik Tellefson In early May I attended the BOMA MOB 2018 conference over three days in Houston. Overall, this year’s conference was held at a very strong location, the Marriott Marquis Houston. The event was efficient from a networking perspective and included […]

Capital Markets: Spotlight on Everest Healthcare

Capital Markets: Spotlight on Everest Healthcare

Eric Henrickson discusses Everest’s trajectory in healthcare investments By Erik Tellefson We’re continuing our “Spotlight On” series this month with medical office building (MOB) investors Everest Healthcare Properties to discuss their business plan and outlook on the market. Erik: Eric, can you please tell us a bit about yourself, what you do and some of […]

Capital Markets: ‘Core’ assets growing in popularity

Capital Markets: ‘Core’ assets growing in popularity

High-quality MOBs: Core fund deals require an experienced lender By Erik Tellefson In recent years one of the most attractive – and increasingly popular – types of medical office (MOB) real estate transactions has been “core” type properties or assets. These have become a larger portion of the MOB financing landscape, and we have seen […]

Capital Markets: Spotlight on Stable Development

Capital Markets: Spotlight on Stable Development

Lance and Brett Bradford discuss a recent transaction and their 2018 expectations By Erik Tellefson In continuing with our “Spotlight on” series we are talking with private medical office building (MOB) investors. This month we are going over a recent transaction with Lance and Brett Bradford of Stable Development, a regional developer and investor, and […]

Capital Markets: Lending to different borrower types

Capital Markets: Lending to different borrower types

Terms differ when lending to private investors vs. institutional buyers By Erik Tellefson Lenders that can serve a wide variety of borrowers enjoy an inherent advantage in the medical office space. For example, private investors and institutional buyers often require significantly different terms and structure for loans.

Capital Markets: Spotlight on Montecito Medical

Capital Markets: Spotlight on Montecito Medical

Founding Partners Chip and Chris Conk discuss what to expect for MOBs in 2018 By Erik Tellefson In this installment of “Spotlight On,” we continue our conversations with private medical office building (MOB) investors – in this case, Chip and Chris Conk of Montecito Medical, who will tell us a little about their company, its […]

Capital Markets: Spotlight on Cypress West Partners

Capital Markets: Spotlight on Cypress West Partners

Chris Cumella reviews the MOB market, their place in it and recent deals By Erik Tellefson In this month’s “Spotlight on” feature we are continuing to focus on private medical office building (MOB) investors, and discussing the overall market and some recent transactions with Chris Cumella of Rancho Santa Margarita, Calif.-based Cypress West Partners (CWP).

News Release: Caddis closes first investment fund to acquire medical office buildings

News Release: Caddis closes first investment fund to acquire medical office buildings

The firm expects to acquire 15 assets totaling about $167 million by year-end and plans to invest another $200 million to $300 million annually Caddis just acquired12 medical office buildings (MOBs), including Gwinnet Medical Building in Lawrenceville, Ga., (top) and Spring Convenient Care Center in Spring, Texas (bottom). The firm plans to close on three […]

PJ Camp

Companies & People: 5 questions for PJ Camp

Hammond Hanlon Camp (H2C) grows the scope of what it provides clients, and the company By John B. Mugford After the ink had dried in 2016 on the closing of the largest health system sale, or monetization, of medical office buildings (MOBs) in the history of the healthcare real estate (HRE) sector, the $700 million […]

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 […]

CAPITAL MARKETS: Spotlight on JLL Capital Markets

CAPITAL MARKETS: Spotlight on JLL Capital Markets

Mindy Berman imparts her MOB knowledge and gives a market update By Erik Tellefson As part of my Capital Markets column – and in an effort to share thoughts on the healthcare real estate market from diverse viewpoints – I’ll be featuring commentary from some of my colleagues in the medical office community. This month, I spoke with Mindy Berman of JLL. […]

Capital Markets: Pay attention to ancillary loan terms

Capital Markets: Pay attention to ancillary loan terms

What to look for in a healthcare real estate loan other than rates and tenure By Erik Tellefson When looking for financing, most borrowers ask about a loan’s tenure, recourse, rate and fees. In addition, lenders’ quotes and proposals also include a number of other ‘ancillary’ loan terms. These terms are often considered less important […]

HREI has learned that a Caddis partnership acquired 1393 George Dieter Drive in El Paso, Texas, as part of the transaction. (Photo courtesy of Caddis)

News Release: Capital One Closes $32.7 Million Loan for Medical Office Building Portfolio

FOR IMMEDIATE RELEASE Capital One Closes $32.7 Million Loan for Medical Office Building Portfolio Bethesda, Md. (May 17, 2017) – Capital One announced today that it provided a $32.7 million loan for a portfolio of six medical office buildings in Florida, Georgia, South Carolina and Texas, totaling 186,000 square feet. Caddis Healthcare Real Estate—an investment, development […]

Capital Markets: Portfolios versus single assets

Capital Markets: Portfolios versus single assets

There’s a difference between financing large MOB portfolios and single assets By Erik Tellefson Over the last few years, we’ve seen a number of large medical office building (MOB) portfolios in the marketplace – notable both for their size, but also for their use of property-level finance. Large portfolios are a different animal from single […]

Capital Markets: Portfolios versus single assets

Capital Markets: Portfolios versus single assets

There’s a difference between financing large MOB portfolios and single assets By Erik Tellefson Over the last few years, we’ve seen a number of large medical office building (MOB) portfolios in the marketplace – notable both for their size, but also for their use of property-level finance. Large portfolios are a different animal from single […]