REIT Report

Global Medical REIT Inc. plans to close in March 2017 on the acquisitions of three buildings occupied by the Oklahoma Center for Orthopedic & Multi-Specialty Surgery. (Photo courtesy of OCOM)

News Release: Global Medical REIT Inc. Provides Acquisition Update

Press Release Company Release – 2/1/2017 8:30 AM ET Company Announces Two Completed Acquisitions and Five Executed Purchase Contracts for an Aggregate of $103.5 million BETHESDA, Md.–(BUSINESS WIRE)– Global Medical REIT Inc. (NYSE:GMRE) (the “Company” or “GMR”), a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities […]

REIT Report: Big year, big retirement at DocREIT

REIT Report: Big year, big retirement at DocREIT

Acquisitions totaled $1.28 billion last year and founder John Sweet retired By John B. Mugford Prior to the start of 2016, executives with Milwaukee-based Physicians Realty Trust (NYSE: DOC) set its acquisitions guidance at $750 million to $1 billion for the year.

REIT Report: HR Trust glad to be on campus

REIT Report: HR Trust glad to be on campus

By John B. Mugford As far as many healthcare real estate (HRE) investors are concerned, off-campus medical office buildings (MOBs) have become nearly as attractive, or in some cases just as attractive, as on-campus outpatient facilities.

REIT Report: MPT making big deal with Steward

REIT Report: MPT making big deal with Steward

Publicly traded REIT to buy nine hospitals from for-profit system for $1.2 billion By John B. Mugford If all goes according to plan, Boston-based Steward Health Care System LLC, which has been focused on eastern Massachusetts, can start expanding its “community-based care” model to a national platform.

News Release:  378 healthcare REIT properties threatened by Hurricane Matthew

News Release: 378 healthcare REIT properties threatened by Hurricane Matthew

More than 10,000 REIT-owned properties lie in the wider path of Hurricane Matthew, with the bulk comprising homes owned by single-family REITs. The now-Category 3 hurricane approached Florida’s east coast early Friday morning and began moving north just offshore, with reported wind gusts around 100 miles per hour. Current projections show the storm heading up […]

News Release: Investors Real Estate Trust Announces Planned Dispositions of Senior Housing Properties for $236.0 Million

News Release: Investors Real Estate Trust Announces Planned Dispositions of Senior Housing Properties for $236.0 Million

Expected Closings in Calendar 2017 Would Complete Exit from Senior Housing Portfolio- MINOT, N.D., Aug. 31, 2016 /PRNewswire/ — Investors Real Estate Trust (NYSE: IRET) (NYSE: IRETPR) (NYSE: IRETPRB) (the “Company”), a real estate investment trust focusing on the acquisition, development, redevelopment and management of multifamily communities located primarily in select growth markets throughout the Midwest, […]

REIT Report: Healthcare REITs: Not just in the U.S.

REIT Report: Healthcare REITs: Not just in the U.S.

Japan offers investment option through Nippon Healthcare Investment Corp. By Murray W. Wolf Americans can sometimes get so wrapped up in what’s happening in our own country that we don’t pay much attention to what’s going in the rest of the world.

REIT Report: HCP plans HCR ManorCare spin-off

REIT Report: HCP plans HCR ManorCare spin-off

Troubled skilled nursing facilities portfolio to become a standalone company By Murray W. Wolf In August 2015, healthcare real estate investment trust (REIT) Ventas Inc. (NYSE: VTR) announced completion of the spin-off of its skilled nursing facility (SNF) portfolio into a publicly traded independent REIT called Care Capital Properties Inc. (NYSE: CCP). Now another healthcare […]

REIT Report: HTA finding deals so far in 2016

REIT Report: HTA finding deals so far in 2016

Increased investment activity follows a slight slowdown in investments in 2015 By John B. Mugford At a time when the country’s publicly traded, healthcare-focused real estate investment trusts (REITs) are supposedly being a bit more cautious about making medical office building (MOB) acquisitions, Scottsdale, Ariz.-based Healthcare Trust of America Inc. (NYSE: HTA) recently found a […]

REIT Report: A sigh of relief for unlisted REITs

REIT Report: A sigh of relief for unlisted REITs

But the Dept. of Labor ruling calls for more transparency concerning costs, fees By John B. Mugford Opinions among healthcare real estate (HRE) professionals differ on whether the U.S. Department of Labor’s (DOL) final version of its new fiduciary rule concerning retirement accounts will have a positive or a negative effect on the non-traded real […]

REIT Report: SEC declares CNL IPO effective

REIT Report: SEC declares CNL IPO effective

Healthcare and senior living REIT registered up to $2 billion in common stock By Connie M. McCaffrey CNL Healthcare Properties II Inc., which is headquartered in Orlando, Fla., announced that its registration statement regarding an initial public offering of up to $2 billion in common stock was declared effective by the U.S. Securities and Exchange […]

REIT Report: Duke Realty bullish on MOB sector

REIT Report: Duke Realty bullish on MOB sector

Its development pipeline ‘has probably never been healthier,’ REIT execs say By John B. Mugford During the recent fourth quarter (Q4) earnings conference call with Duke Realty (NYSE: DRE), securities analyst David Toti of Cantor Fitzgerald asked if uncertainty about the upcoming election and its possible impact on healthcare reform was causing any “hesitation” on […]

News Release: Griffin-American Healthcare REIT IV poised for $3.15 billion IPO

News Release: Griffin-American Healthcare REIT IV poised for $3.15 billion IPO

Griffin-American Healthcare REIT IV Initial Public Offering Declared Effective by the U.S. Securities and Exchange Commission IRVINE, Calif. (Feb. 17, 2016) – Griffin-American Healthcare REIT IV, Inc. today announced that its registration statement pertaining to an initial public offering of approximately $3.15 billion in common stock was declared effective by the Securities and Exchange Commission […]

REIT Report: G-A REIT III nearing end of purchases

REIT Report: G-A REIT III nearing end of purchases

But co-sponsors AHI and Griffin Capital are launching a new healthcare REIT By John B. Mugford With its late 2015 acquisition of Trilogy Health Services LLC, Irvine, Calif.-based Griffin-American Healthcare REIT III Inc. nearly doubled its size.

REIT Report: CNL buys Vegas-area MOB complex

$54.8 million acquisition in Henderson, Nev., is REIT’s largest in some time By John B. Mugford Orlando, Fla.-based CNL Healthcare Properties recently found a medical property it liked near Las Vegas, and it went ahead and paid $54.8 million for the three-building, 139,222 square foot Siena Heights Medical Pavilion in Henderson, Nev.