News Release: Healthcare Realty Trust Reports Progress on Asset Sales and Joint Venture Transactions
NASHVILLE, Tenn., July 08, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) (“Healthcare Realty” or the “Company”) today provided an update regarding its strategic combination with Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”). As previously announced, the transaction consideration includes a stock exchange ratio of 1:1 and a special cash dividend of […]
News Release: JLL acquires leading real estate valuation advisory firm Metropolitan Valuation Services
NYC Tri-State based team strengthens JLL’s capacity to 30 dedicated valuations professionals helping investors and lenders navigate the changing face of real estate values CHICAGO, July 6, 2022 – JLL (NYSE: JLL) today announced it has acquired Metropolitan Valuation Services (“MVS”), one of the largest independent commercial property appraisal and real estate consulting firms in […]
News Release: Healthcare Realty Trust Issues Statement
NASHVILLE, Tenn., June 16, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) (“Healthcare Realty” or the “Company”) today issued the following statement regarding the press release and presentation issued by Land & Buildings Investment Management, LLC on June 16, 2022: Healthcare Realty remains focused on executing the combination with Healthcare Trust of America, […]
Feature Story: Lending in the HRE sector remains as active as ever
With systems expanding their outpatient networks and rates low, lots of debt is being issued By John B. Mugford Although there is a strong imbalance between supply and demand in the medical office building (MOB) acquisitions market, plenty of transactions are taking place and lenders are ready to provide loans for deals that make financial […]
News Release: Capital One Medical Office Team Sees Positive Business Momentum Through 2020
New York, NY (March 22, 2021) – Capital One announced its Medical Office team, part of the Capital One Healthcare Real Estate business, closed 43 deals totaling about $2.5 billion throughout 2020. The team funded transactions ranging from $15 million single-asset loans to $1 billion value portfolios across medical office buildings, medical properties, life science […]
Feature Story: HRE execs foresee a big year for MOBs
The pandemic put an even brighter spotlight on the product type, Revista panel says By John B. Mugford For the past several years, professionals involved in the medical office building (MOB) sector have been saying that, aside from an economic downturn or total transformation of the healthcare system, there is just one thing that could […]
Feature Story: Investors expect a big second half
Still-active MOB buyers discuss the state of the market during InterFace webinar By John B. Mugford After the initial shock of the fallout of the COVID-19 pandemic, it looks as if the healthcare industry, and subsequently the healthcare real estate (HRE) sector, is getting back on track. “We collected 96 percent of our rents (in […]
Thought Leaders: Healthcare real estate offers superior returns
Healthcare Capital Markets Perspective January 2019 Healthcare REITs outperformed the broad REIT index and S&P 500 in the fourth quarter 2018, a period of great volatility when equity markets fell 20% at one point. The NAREIT Healthcare Index closed the year up 3% from the start of the quarter with the S&P 500 ending down […]
Capital Markets: Financing large MOB portfolios
Such deals have become a much more prevalent part of the MOB landscape By Erik Tellefson To date, 2018 has been a robust lending year for Capital One, and as a reflection of the broader acquisition market, large medical office building (MOB) portfolios have been a very important component of the volume. We consider large […]
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
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
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
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
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
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 […]
