Patients in a Waiting room

Industry Pulse: Is your HRE business ready to move beyond the boomers?

Millennials are projected to become the largest U.S. population group next year   Anyone who has been involved in the healthcare real estate (HRE) business for even a short time understands that one of the primary factors that makes the sector attractive is demographics, specifically the aging of the baby boom generation. That has certainly […]

Full Story »
News Release: CNL Healthcare Properties announces special committee,  names financial advisors to consider strategic alternatives

News Release: CNL Healthcare Properties announces special committee, names financial advisors to consider strategic alternatives

News Release (ORLANDO, Fla.) June 26, 2018 — CNL Healthcare Properties, a real estate investment trust (REIT) focused on seniors housing and healthcare facilities, announced today that the board of directors has appointed a special committee of its independent board members to evaluate strategic alternatives to provide liquidity to shareholders, and has now named financial […]

Full Story »
xxx

Transactions: Business as usual for Harrison Street

After selling 75% of firm, company resumes it acquisitive ways By John B. Mugford CHICAGO — According to healthcare real estate (HRE) industry sources, it will be business as usual for Harrison Street Real Estate LLC following its recent sale of a 75 percent stake in the company for $450 million to Toronto-based Colliers International Group LLC. […]

Full Story »
xxx

Feature Story: Healthcare REIT execs still bullish

Despite potential disruptors and low cap rates, BOMA panelists remain upbeat By John B. Mugford The largest healthcare-focused real estate investment trusts (REITs), have long been and continue to be one of the most important – if not the most important – buyers of medical office buildings (MOBs). According to healthcare real estate (HRE) research […]

Full Story »
The recent BOMA MOB conference panel on third-party capital partners included (from left to right), moderator Andy Dow of Winstead, Courtney Hanfland of CHI, Deeni Taylor of Physicians Realty Trust, Joe Euphrat of CleanFund Commercial and Lance Mendiola of Christus Health. (HREI photo)

Feature Story: Third-party capital has its place

Panel at 2018 BOMA MOB conference discusses what the ‘new era’ of partners can provide By John B. Mugford Let’s all face it, a majority of the country’s health systems are not going to be selling, or monetizing, all of their medical office buildings (MOBs) to third-party investors anytime soon. Yet, during an era when […]

Full Story »
Ethan Brosowsky of The Advisory Board told BOMA MOB conference attendees that providers must create interconnected ambulatory care networks to succeed in today’s highly competitive market. (HREI™ photo)

Cover Story: ‘Constellations’ are the key to success

Why interconnected networks are crucial for ambulatory strategy and healthcare real estate By John B. Mugford Ever since humans first looked to the night sky, they have found and used patterns, or constellations, among the stars to help them survive. “Individual stars are beautiful, and are bright, but are not really useful to us as […]

Full Story »
Now Available: 2018-19 HREI Resource Guide

Now Available: 2018-19 HREI Resource Guide

Please click on one of the options below to access the 2018-19 HREI Resource Guide™ in your preferred format: PDF (“snapshots” of entire publication or selected articles) Website (individual articles) The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: […]

Full Story »
The healthcare business has changed in recent years, but some industry professionals warn that even bigger changes are on the horizon. (iStock photo)

Cover Story: Are you ready for the disruptors?

Healthcare has changed in recent years, but you ain’t seen nothing yet By Connie M. McCaffrey Editor’s note: This is an expanded version of this article that originally appeared in the April 2018 edition of HREInsights magazine. For some time now, healthcare real estate (HRE) professionals have debated what major influences or “disruptors” are significantly impacting […]

Full Story »
News Release: Cornerstone Companies Selected as Developer and GC for $17.6 million Goodman Campbell Brain & Spine Facility

News Release: Cornerstone Companies Selected as Developer and GC for $17.6 million Goodman Campbell Brain & Spine Facility

Goodman Campbell Brain & Spine facility underway in Carmel, IN Cornerstone has been selected as the developer and general contractor for a medical office building set to open its doors in May 2019. The two-story, $17.6 million facility will be occupied by Goodman Campbell, a team specializing in physiatry, physical therapy, neurosurgery and spine-related pain […]

News Release: MorningStar Senior Living, Confluent Senior Living Begin Construction on Happy Valley Community

News Release: MorningStar Senior Living, Confluent Senior Living Begin Construction on Happy Valley Community

MorningStar Senior Living, Confluent Senior Living Begin Construction on Happy Valley Community Project Partners Begin Second Development in Metro Portland Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on a new 83,300-square-foot senior living community in Happy Valley, Ore. Named MorningStar of Happy Valley, the development in the southeastern suburb of Portland will […]

News Release: Leading National Healthcare Property Company Acquires $27 Million Rehabilitation Hospital in Texas

News Release: Leading National Healthcare Property Company Acquires $27 Million Rehabilitation Hospital in Texas

THE SANDERS TRUST ACQUIRES $27 MILLION REHABILITATION HOSPITAL IN TEXAS The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, recently announced a $27 million acquisition in Kyle, Texas. Warm Springs Rehabilitation Hospital is a two-story rehabilitation hospital that totals 54,500 rentable square feet and is the only freestanding, licensed rehabilitation hospital in […]

News Release: Advocate Aurora Health, Foxconn Announce Comprehensive Health Collaboration

News Release: Advocate Aurora Health, Foxconn Announce Comprehensive Health Collaboration

Agreement Aims to Enhance Quality, Care Delivery and Access While Lowering Cost July 12, 2018 Racine County, WI — Advocate Aurora Health and Foxconn Health Technology Business Group announced today a multi-faceted collaboration focused on technology innovations and integration that will drive health care of the future and improve outcomes while lowering costs for individuals and […]

News Release: HFF announces $14.5M financing for two medical office properties in Phoenix

News Release: HFF announces $14.5M financing for two medical office properties in Phoenix

HFF announces financing totaling $14.5 million for 101 Gateway and Paradise Valley Professional, two medical office properties in Phoenix, Arizona. The HFF team worked on behalf of the borrower, Cypress West Partners, to secure two floating-rate acquisition loans through CIT Group Inc.’s Healthcare Finance unit.  A $6.7 million, 36-month loan was arranged for 101 Gateway, […]

Thought Leaders: HFF Quarterly Market Perspective

Thought Leaders: HFF Quarterly Market Perspective

M&A AND STRATEGIC TRANSACTIONS Healthcare REITs Pursuing Strategic Initiatives ▪Board of Directors of CNL Healthcare Properties, ~$3.5 billion MOB and SNH focused REIT, formed a special committee and retained HFF Securities as well as KeyBanc to pursue strategic alternatives, including (i) disposition of the assets and (ii) business combination with a third party, among others […]

News Release: Sold - Banner Health Desert Ridge

News Release: Sold – Banner Health Desert Ridge

JLL is pleased to announce the sale of Banner Health Desert Ridge Phoenix, Arizona The property is a +/- 29,350 SF medical office build-to-suit for Banner Health with great visibility along the Loop 101 and within close proximity to State Route 51. The sale closed on June 6, 2018. Seller: Ryan Companies Buyer: Inland Real […]

News Release: Inland Real Estate Acquisitions Closes on Two MOBs in Arizona

News Release: Inland Real Estate Acquisitions Closes on Two MOBs in Arizona

Inland Real Estate Acquisitions, LLC Closes the Purchase of Two Medical Office Buildings in Arizona Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of two Swagel Wootton Hiatt Eye Centers, located in Mesa and Chandler, Arizona, approximately 20 miles east of Phoenix. Matthew Tice, senior vice president of Inland […]

News Release: Cypress West Adds to AZ Portfolio

News Release: Cypress West Adds to AZ Portfolio

Cypress West Partners Acquires 50,040-SquareFoot Phoenix Medical Office Building Rancho Santa Margarita, CA (July 10, 2018) — Cypress West Partners, a Southern California-based healthcare investment, leasing and property management firm, has acquired a class A medical office building in Phoenix in a joint venture with MedProperties Holdings LLC, a national, healthcare-focused real estate private equity firm […]

News Release: Just Sold: BayCare Urgent Care - St. Petersburg

News Release: Just Sold: BayCare Urgent Care – St. Petersburg

Just Sold: We are pleased to announce the sale of this BayCare Urgent Care located at 2331 4th Street North in St. Petersburg, FL. Headed by LJ Tsunis, the team brought four offers to the table, and carried this asset from listing to close in 60 days. This offering gave the investor the opportunity to […]

News Release: Tryko Partners/Marquis Health Services Expands Skilled Nursing Presence in Baltimore Region with Two Facility Acquisitions

News Release: Tryko Partners/Marquis Health Services Expands Skilled Nursing Presence in Baltimore Region with Two Facility Acquisitions

Tryko Partners/Marquis Health Services Expands Skilled Nursing Presence in Baltimore Region with Two Facility Acquisitions Upgrades, New Programs Set to Launch at Properties in Catonsville and Towson Tryko Partners LLC has expanded its presence in the Baltimore-area skilled nursing community with the acquisitions of two facilities totaling 254 beds. Marquis Health Services, the firm’s healthcare […]

xxx

News Release: Griffin-American Healthcare REIT IV Acquires Medical Office Building in Grand Junction, Colorado

GRAND JUNCTION, Colo. (July 9, 2018) – American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired a Class A medical office building in Grand Junction, the largest city in western Colorado, for $31.5 million. Built in 2013, the approximately 83,000-square-foot Grand […]

News Release: ESI Arranges Sale of North Carolina Skilled Nursing Facility for $7.0M

News Release: ESI Arranges Sale of North Carolina Skilled Nursing Facility for $7.0M

Evans Senior Investments (ESI) successfully represented the sale of Gastonia Care and Rehab, a 118-bed skilled nursing facility in North Carolina for $7.0 million, or $59,000 per bed. Located within a tertiary market outside of Charlotte, Gastonia Care and Rehab was operated by a national operator. At the time of the sale, the facility averaged […]

Transactions: Flagler Investment Holdings of Miami acquires MOB near hospital in Delray Beach, Fla.; NKF brokers the sale

Transactions: Flagler Investment Holdings of Miami acquires MOB near hospital in Delray Beach, Fla.; NKF brokers the sale

DELRAY BEACH, Fla. – Miami-based Flagler Investment Holdings recently acquired the 32,520 square foot Delray Medical Office at 4675 Linton Blvd. in Delray Beach, a city along the Atlantic Ocean. According to healthcare real estate (HRE) research firm Revista, the price was $9.75 million, or $295 per square foot (PSF), for the 75 percent occupied […]

News Release: Anchor Health Properties and Main Line Health Hold Ceremonial Groundbreaking for New Women’s Specialty Center

News Release: Anchor Health Properties and Main Line Health Hold Ceremonial Groundbreaking for New Women’s Specialty Center

Anchor Health Properties (Anchor) and Main Line Health, in collaboration with Axia Women’s Health, recently held a ceremonial groundbreaking in King of Prussia on the site where the new Women’s Specialty Center is expected to open at the end of 2019. The seven-story, 94,000-square foot facility with attached 335-space parking garage features primary care and […]