Current Edition

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News Release: Carter Validus Mission Critical REIT II, Inc. Completes $398 Million in Healthcare and Data Center Acquisitions in First Half of 2017

The acquisitions, completed January through June 2017, added 11 properties totaling approximately 1.7 million rentable square feet to CV Mission Critical REIT II’s portfolio. July 17, 2017 03:30 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling […]

The Duke Realty healthcare portfolio includes such properties as the 459,717 square foot Baylor Sammons Cancer Center in Dallas. 
Photo courtesy of Duke Realty

Transactions: DocREIT in the midst of buying $735 million in MOBs

Acquisitions include assets excluded from HTA-Duke deal and more CHI MOBs Physicians Realty Trust (NYSE: DOC), the Milwaukee-based publicly traded real estate investment trust (REIT) that has grown rapidly since its founding in 2013, recently announced that it has executed purchase and/or sale agreements with four separate entities for 18 medical office buildings (MOBs) at […]

Industry Pulse: Top 10 healthcare real estate stories of 2017 (so far)

Industry Pulse: Top 10 healthcare real estate stories of 2017 (so far)

As the first half of 2017 comes to a close, Healthcare Real Estate Insights takes a look back at the top 10 healthcare real estate news stories so far this year. 1. HTA agrees to buy Duke Realty’s healthcare real estate portfolio, business Rumors of a potential sale were confirmed May 1 when Healthcare Trust […]

FINAL WEEK: Save $100 on a New Subscription to HREI

FINAL WEEK: Save $100 on a New Subscription to HREI

Summer Special: New subscribers to Healthcare Real Estate Insights can save $100 on a new subscription. But time is running out. Offer expires Monday, July 31. To order, please click here. Your discount will be automatically applied during the checkout process. New subscribers only, please. Offers expires July 31, 2017.

Industry Pulse: Are foreign investors poised to buy U.S. MOBs?

Industry Pulse: Are foreign investors poised to buy U.S. MOBs?

The time is ripe if senior housing is any indication, new JLL report contends BOSTON – It  appears to be only a matter of time before a foreign investor makes a headline-grabbing acquisition of a large U.S. medical office building (MOB) portfolio, according to a new report from the Boston-based Healthcare Capital Markets team with Chicago-based Jones Lang […]

One of the first jobs for the newly rechristened HTA-Development will be to complete Duke Realty projects that were underway at the time of the sale. Those include a two-story 27,149 square foot emergency medical center and outpatient clinic being developed in Grand Prairie, Texas, for Baylor Scott & White Health, Duke Realty’s largest healthcare client. (Rendering courtesy of Duke Realty)

Cover Story: Four ways this deal changes things

Industry experts speculate on the implications of the HTA-Duke Realty deal By John B. Mugford The buzz has slowed a bit in the aftermath of the blockbuster deal of 2017, but there are still a few details to be worked out and the transaction is likely to continue to have an impact on the healthcare […]

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Feature Story: Inside the biggest monetization ever

A behind-the-scenes look at CHI’s $700 million portfolio sale to DocREIT By John B. Mugford Much has already been said and written about last year’s largest medical office building (MOB) portfolio monetization – which is also said to be the largest ever. The headline-grabbing sale had Englewood, Colo.-based Catholic Health Initiatives (CHI) selling 51 MOBs […]

May 2017 PDF

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Washington, D.C.-based Easterly Government Properties Inc., a publicly traded real estate investment trust (REIT), recently agreed to acquire its first two healthcare properties operated by the U.S. Dept. of Veterans Affairs (VA). The facility shown is one of them: the newly opened, 327,614 square foot VA ambulatory care center in Loma Linda, Calif.
Photo courtesy of Easterly Government Properties

Transactions: Government REIT enters VA arena

Easterly REIT to spend $260M on federal outpatient centers in California, Indiana By John B. Mugford With a long-term lease backed by a government agency, a built-in patient base of military veterans and brand new construction, the Dept. of Veterans Affairs (VA) ambulatory care center in Loma Linda, Calif., was sure to attract investors – […]

Transactions: Inland Real Estate Group has acquired four MOBs so far in 2017

Transactions: Inland Real Estate Group has acquired four MOBs so far in 2017

OAK BROOK, Ill. – Oak Brook-based Inland Real Estate Group has made four MOB acquisitions with a total of about 119,000 square feet since the start of 2017, according to the company.

Inpatient Projects: Kaiser Permanente opens its first new hospital in San Diego in 40 years

SAN DIEGO – Oakland, Calif.-based Kaiser Permanente recently opened its newest hospital, the $850 million, 617,215 square foot San Diego Medical Center in the Kearny Mesa area of the city.

The largest medical office building (MOB) transaction of the first quarter (Q1) of 2017 was the $111 million acquisition by the University of Southern California (USC) of a 148,247 square foot MOB at 1450 San Pablo St. on the USC Health Science Campus in Los Angeles. The building is leased by USC’s Keck School of Medicine. The seller was the UCLA-affiliated Doheny Eye Institute, which was represented by Charles Dunn and Kennedy Wilson.
Photo courtesy of UCLA

Transactions: MOB sales drop a bit in Q1 2017

First quarter’s volume was $1.82 billion, according to Real Capital Analytics By John B. Mugford The incredible run that medical office building (MOB) sales have been on in recent years is due to come to an end, or at least come to a slowdown, at some point, according to conventional wisdom as well as a […]

The 54-unit, 64,224 square foot NeuLife Rehabilitation facility in Mount Dora, Fla., includes 20 acres of land that could be subdivided and developed.
Photo courtesy of BGLRP Healthcare Group

Hot Property: Rehab facility offers room for growth

Florida asset is leased by a growing provider and has land for future expansion Name: NeuLife Rehabilitation Address: 2725 Robie Ave. City, State: Mount Dora, Fla. Seller: NeuLife Neurological Services LLC Year opened: 2013 Size: 54 suites, 64,224 square feet Lot size: 43 acres Brokerage: Brown Gibbons Lang & Co. Brokers: Christopher Stai, Clinton Parker […]

Transaction: Montecito buys medical facility in Del Webb community in Sun City for $9.3 million

Transaction: Montecito buys medical facility in Del Webb community in Sun City for $9.3 million

SUN CITY, Ariz. – Nashville, Tenn.-based Montecito Medical Real Estate recently expanded its national portfolio by acquiring a 35,420 square foot MOB in the densely populated, master-planned retirement community of Sun City, Ariz.

Transactions: Stage Equity Partners lands multi-tenant MOB from physician owners for $14.5 million

Transactions: Stage Equity Partners lands multi-tenant MOB from physician owners for $14.5 million

BLOOMINGTON, Ill. – Chicago-based Stage Equity Partners LLC, which focuses on HRE investments, has acquired The Center for Outpatient Medicine (TCOM), a 45,150 square foot multi-specialty outpatient surgical center in Bloomington, Ill.