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Feature Story: Not bad for a ‘late bloomer’
DOC Founder John W. Sweet is the 2022 Lifetime Achievement Award winner By John B. Mugford As many professionals approach their 60s, they’re most likely thinking about how they will spend their retirement years. Not John W. Sweet, who likes to call himself a “late bloomer.” In fact, Mr. Sweet’s career was just ramping up […]
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Feature Story: Capital markets success formula: patience and fortitude
The economy is going to be in for ‘a bouncy ride’ for a while, Revista panelists said By John B. Mugford Under current market and economic conditions, what with inflation and interest rates on the rise, “patience” is a virtue for those involved in investing in the healthcare real estate (HRE) sector. “This an environment […]
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Feature Story: Todd J. Meredith – Carrying on the legacy
Todd J. Meredith of Healthcare Realty is the 2022 HRE Executive of the Year By John B. Mugford Since its founding in 1992, Healthcare Realty Trust (NYSE: HR) has been viewed as one of the healthcare real estate (HRE) sector’s steadiest and most reliable investors. Maybe the publicly traded real estate investment trust (REIT) wasn’t […]
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Feature Story: Cap rates are on the rise
Mike Hargrave, Hilda Martin present updated info at Revista MREIF conference By John B. Mugford Amid all of the uncertainty in the healthcare real estate (HRE) sector due to rising interest rates and inflation, Mike Hargrave, principal with Arnold, Md.-based HRE data firm Revista, noted during the firm’s recent conference in Bonita Springs that there […]
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The 2023-24 HREI Resource Guide is now accepting orders. The deadline in March 31, 2023.
Increase awareness of your organization among your best prospects in the first –and still the only –annual directory of healthcare real estate (HRE) professional services. Now in its 15th year, the HREI Resource Guide is the directory healthcare providers turn to when they need HRE professional services. No other publication or website reaches healthcare real […]
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Feature Story: Investment outlook: Quick rebound or slow recovery?
InterFace panelists say there’s still a lot of capital flowing into the MOB space By John B. Mugford What a difference a year can make. At the InterFace Healthcare Real Estate (HRE) West conference in Los Angeles in February 2022, a panel discussion devoted to HRE investing was titled, “Who’s Buying, Who’s Selling and Transaction […]
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Feature Story: Health systems are hurting
Hospitals ‘have taken a pounding’ but remain optimistic, InterFace panelists say By John B. Mugford For one prominent West Coast health system, the current economic climate and healthcare landscape are presenting a bit of a dichotomy. On one hand, the system is certainly struggling financially as it emerges from the hardships of providing care during […]
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Feature Story: The cloudy economy has a silver lining: higher cap rates
‘This could be a really exciting time’ and ‘a buying opportunity,’ InterFace panelists say LOS ANGELES – Perhaps Chris Bodnar best summed up what professionals and firms involved in healthcare real estate (HRE) have gone through during the past year. The longtime, well-known HRE facility broker who is now the CEO of Denver-based Prescriptive Capital, […]
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Life Sciences: Bellwether firm Alexandria delivers strong Q4 results
Despite the “macro headlines,” the REIT’s execs say this is the “Golden Age of Biology” By Murray W. Wolf “Despite the macro headlines, we remain optimistic and excited for our business as we are in the early innings of the Golden Age of Biology.” That was just one of the bullish comments shared Tuesday (Jan. […]
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Feature Story: Another MOB sales record: $25 billion in 2022
Despite challenges, HRE fundamentals remain strong, Revista says By John B. Mugford Perhaps James A. Schmid III, chief investment officer and managing partner with Media, Pa.-based Anchor Health Properties, summed up how many successful healthcare real estate (HRE) investment and development firms are going about their business at a time when costs and interest rates […]
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News Release: CREG U.S. Healthcare Investment Sales | New Partner Announcement
CREG | U.S. Healthcare Investment Sales team is pleased to announce the appointment of Joshua Rees as its newest Managing Partner. Located in San Diego, California, Josh brings over 10 years of experience and wealth of knowledge in the Healthcare Real Estate sector, making him the ideal partner. “We are thrilled to have Josh join […]
News Release: Updated Emergency Department Opens at ThedaCare Regional Medical Center-Neenah (Wis.)
March 17, 2023 Construction Continues on $100M Modernization The next major milestone in the $100M investment to modernize ThedaCare Regional Medical Center-Neenah has been reached as the new Emergency Department space opens. Since the groundbreaking in spring 2022, construction crews have been working on multiple areas of the transformation that supports ThedaCare’s mission to improve […]
Life Sciences: Graymark acquires L.A.-area building for conversion
Firm paid $17.75M for the 98,776 s.f. property in Thousand Oaks, Calif.; CBRE was the broker By Murray W. Wolf THOUSAND OAKS, Calif. – San Francisco-based Graymark Capital has acquired a two-story, 98,776 square foot office building at 120 Via Merida in the Westlake Village area of Thousand Oaks for $17.75 million. The vacant, value-add […]
News Release: Sila Realty Trust, Inc. Fourth Quarter and Year Ended 2022 Results
March 16, 2023 11:42 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. today announced operating results for the fourth quarter and year ended December 31, 2022. Highlights of the Quarter Ended December 31, 2022 vs. December 31, 2021 Rental revenue was $43.9 million, an increase of 1%. Net (loss) income attributable to common […]
News Release: Hammes celebrates opening of new Children’s Wisconsin Appleton Clinic
FOR IMMEDIATE RELEASE: Milwaukee, WI, March 15, 2023 – Hammes, a nationally recognized leader in healthcare development, is pleased to celebrate the opening of the new Children’s Wisconsin Appleton Clinic in Appleton, Wisconsin, which opened to patients on March 6. The new two-story, 54,000-square-foot location allows Children’s Wisconsin to expand existing pediatric services and provide […]
For Sale: Midwest Medical Office Portfolio | Five Buildings | Chicago Metro Area
Midwest Medical Office Portfolio Five Buildings | Chicago Metro Area Executive summary Confidentiality agreement The Offering Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale the fee simple interest in five medical office buildings (the “Properties” or the “Portfolio”) totaling 159,657 square feet and concentrated within the top five metropolitan area […]
News Release: Healthpeak Properties Appoints Jim Connor to its Board of Directors
NEWS PROVIDED BY Healthpeak Properties, Inc. Mar 14, 2023, 16:15 ET DENVER, March 14, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today the appointment of James B. “Jim” Connor as an independent director to its Board of Directors, effective immediately. The appointment of Mr. Connor expands the Board to eight directors, with an average […]
News Release: BayCare Hospital Wesley Chapel and Robins & Morton Celebrate Grand Opening
Press Release 03.14.23 BayCare Wesley Chapel BayCare Hospital Wesley Chapel, construction firm Robins & Morton and the community recently celebrated the grand opening of the six-story, nearly 320,000-square-foot tower and medical office building. The new campus held an open house celebration on Feb. 18 that included hospital tours, wellness screenings, live music, entertainment, sample cuisine […]
News Release: CBRE Arranges $17.75 Million Sale of Office Property in Thousand Oaks for Life Sciences Conversion
Los Angeles, CA March 13, 2023 CBRE arranged the sale of a 98,776-sq.-ft. office building in Thousand Oaks, CA., for $17.75 million, along with $42 million in financing for the acquisition and speculative conversion of a life sciences campus. CBRE’s Mike Longo, Sean Sullivan and Todd Tydlaska represented the seller in the transaction, a Los […]
News Release: Mount Carmel Health System Breaks Ground on New Hospital in Dublin (Ohio)
Mount Carmel Dublin will provide new emergency services, operating rooms, diagnostic suites, primary care, and other services to patients in northwest communities Columbus, Ohio – Mount Carmel Health System is proud to announce the groundbreaking of its newest hospital in Dublin, Ohio. The new hospital will be located near I-270, Sawmill Road, and Emerald Parkway, […]
News Release: Quantum Real Estate Advisors, Inc. Brokers Sale-Leaseback of a Single-Tenant Medical Office Asset in Byron, MN
Chicago, IL (March 13th, 2023) – Quantum Real Estate Advisors, Inc. has brokered the sale of a free-standing medical office building located at 221 2nd Ave. SW, Byron, MN. The property is occupied by Bluestem Center for Autism who signed a long-term lease upon closing. The seller of the property was looking for a capital […]
News Release: Mission Street and BentallGreenOak joint venture to begin delivering 100,000 square feet of lab space in Cambridge
New development known as The Press, Foxton being delivered through a three-phase masterplan to transform a 7.8-acre site into a 100,000 square feet science and innovation campus Construction is starting on phase one of the scheme, which will deliver the next available space in the Cambridge ecosystem The scheme will provide much needed near-term fitted […]
News Release: JLL Awarded Medical Leasing Assignment for Redevelopment at Westfield Old Orchard
The multimillion-dollar redevelopment will make the prestigious shopping center in Chicago’s iconic North Shore one of the most attractive locations as a one-stop-shop for convenient healthcare and top retail and hospitality experiences. SKOKIE, Ill., March 13, 2023 – JLL announced today that Westfield Old Orchard, the renowned shopping center near Chicago’s North Shore, will be […]
For Sale: Piedmont Fayette Hospital Campus MOBs. Two Campus Connected MOBs Featuring 11.9 Years of WALT
Piedmont Fayette Hospital Campus MOBs | Atlanta MSA Two Class A+ Medical Office Buildings Featuring 11.9 Years of WALT Located on the Campus of the Piedmont Fayette Hospital The Offering ADDRESS: 1265 East & 1267 West | Highway 54 W | Fayetteville, GA 30214 OFFER PRICE: Best Offer PROPERTIES: 2 TOTAL SIZE: 192,363 SF LEASED: […]
Current Edition
- News Release: Vitrian and The Howard Hughes Corporation Form Joint Venture to Develop Life Science Projects in The Woodlands, Texas
- News Release: Class A medical office building near Denver sells for $5.65M
- News Release: Alexandria Real Estate Equities, Inc. Reports: 4Q22 and 2022 Net Income per Share – Diluted of $0.31 and $3.18, respectively; and 4Q22 and 2022 FFO per Share – Diluted, As Adjusted, of $2.14 and $8.42, respectively
Breaking News
- News Release: Partners Real Estate brokers sale of 10,243-sq.-ft. office building in Phoenix, Arizona
- News Release: McLaren Macomb (Mich.) Harrington Medical Center Is Now Open
- News Release: COMMUNITY HEALTHCARE TRUST INCORPORATED ANNOUNCES APPOINTMENT OF DAVID H. DUPUY AS CEO AND TO BOARD OF DIRECTORS
