Feature Story: Coming out of the capital market malaise

Feature Story: Coming out of the capital market malaise

Some difficulties could linger, but CBRE webinar panelists say a better year lies ahead By John B. Mugford The medical outpatient building (MOB) sector has seen a slowdown in development and sales for several reasons during the past couple of years. Today, however, while not necessarily expecting an immediate return to the historically strong years […]

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Transactions: UCLA Health acquires three MOBs in L.A. area

CBRE brokers reverse monetization on hospital campus in West Hills By John B. Mugford A significant medical outpatient building (MOB) portfolio deal took place in late December to close out 2024. According to information from Arnold, Md.-based Revista and its RevistaMed service, which compiles a wide range of healthcare real estate (HRE) sector data, Los […]

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The “State of the Industry” panel discussion at the GlobeSt. Healthcare conference included (from left to right): moderator John T. Chang of Marcus & Millichap, Roman Kupchynsky of MedProperties Realty Advisors; Steven Reedy of First Citizens; Jon Buehner of Capital One; Bryan Johnson of CBRE and Christopher Flouhouse of Sila Realty Trust Inc.
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Feature Story: Optimism reigns for 2025

GlobeSt. panelists predict more activity and lending in the year ahead By John B. Mugford The transaction and development volumes for medical outpatient buildings (MOBs) might have slowed during the past couple of years as interest rates rose quickly, but there is optimism for those involved in healthcare real estate (HRE) as we head into […]

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Feature Story: 2025: What’s in store for the economy and HRE?

Feature Story: 2025: What’s in store for the economy and HRE?

Economist John Chang says this sector should remain strong By John B. Mugford For professionals involved in the healthcare real estate (HRE) sector, there are so many questions heading into 2025. A few of those questions, among others, include: How fast and how far will the U.S. Federal Reserve Bank continue to decrease its federal […]

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Feature Story: Top 10 healthcare real estate stories of 2024

Feature Story: Top 10 healthcare real estate stories of 2024

Despite a slow 2024 in terms of sales and development, HRE professionals remain optimistic  By John B. Mugford The multi-year slowdown in medical outpatient building (MOB) sales and new development continued in 2024, prompting many healthcare real estate (HRE) professionals to declare numerous times throughout the past 12 months: “Survive ‘til 2025.” However, that rather […]

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Feature Story: Navigating health system real estate strategies

Feature Story: Navigating health system real estate strategies

Banner’s Troy Freeman discusses growth, insurance and the role of AI By John B. Mugford In recent years, especially since the onset of the COVID-19 pandemic, the healthcare industry has been comprised of the “haves,” or the growing, healthier health systems, and the “have nots,” or those that are struggling financially during an era of […]

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News Release: 2024 HREI Insights Awards Finalists announced

News Release: 2024 HREI Insights Awards Finalists announced

PLEASE NOTE SCHEDULE CHANGE: THE AWARDS WILL BE PRESENTED WEDNESDAY, FEB. 5, 2025, RATHER THAN TUESDAY, FEB. 4, 2025. FOR IMMEDIATE RELEASE 12th annual awards recognize excellence in HRE development and executive leadership MINNEAPOLIS, Dec. 11, 2024 – HREI is pleased to announce the finalists of the 2024 HREI Insights Awards, the first and only national […]

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Feature Story: Is HRE development down?

Feature Story: Is HRE development down?

Not according to an expert panel that spoke at the GlobeSt. conference By John B. Mugford Although the data suggests that healthcare real estate (HRE) development activity slowed significantly during the past year or so, a recent discussion by five experienced developers told a different story. In fact, during a panel discussion at last week’s […]

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Companies & People: Woodside Health stays active

Companies & People: Woodside Health stays active

MOB investment firm has partnered with Heitman and is excited about 2025 By John B. Mugford The past couple of years have certainly seen a significant slowdown in the sales volume of medical outpatient buildings (MOBs) nationwide. And yet, even though 2023 and 2024 have proven to be a difficult time to find deals for […]

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Project Case Study: From sporting gear to care near here

Rendina converts a former Dick’s store near Philly into a hub for Inspira Health By John B. Mugford As a good many office buildings, retail centers and other spaces have been vacated in recent years, many property owners have contacted healthcare real estate (HRE) developers about the possibility of repurposing those facilities for medical use. […]

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Cover Story: A Bronx tale – with an HRE twist

Simone Development has a healthcare real estate portfolio topping 3 million s.f. and growing By John B. Mugford In the Greater Tri-State area centered on New York City, Bronx, N.Y.-based Simone Development Companies has become quite well known for building and owning a wide array of property types. The company is also well-known for – […]

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Feature Story: Q3 MOB sales remained slow: $2.1 billion

Feature Story: Q3 MOB sales remained slow: $2.1 billion

But Revista says cap rates declined slightly and project completions were up By John B. Mugford It’s the news we’ve all been waiting for, but it appears we’ll need to wait a bit longer. Despite anecdotal observations from numerous medical outpatient building (MOB) sales professionals suggesting that activity is picking up, the third quarter (Q3) […]

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Companies & People: Q&A with Jordan Selbiger of Colliers

Veteran broker discusses his new leadership role and the HRE market By John B. Mugford As Colliers International Group Inc. (Nasdaq: CIGI) was creating a national healthcare real estate (HRE) capital markets practice to bolster its overall healthcare service offerings in 2023, it brought in a couple of veteran HRE brokers to lead the team. […]

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News Release: Cushman & Wakefield Advises Sale of Premier Medical Campus in Boulder County, CO

For Immediate Release State-of-the-art 104,438 SF medical outpatient building anchored by University of Colorado Medicine LONGMONT, Colo. – January 21, 2025 – Cushman & Wakefield announced the firm has brokered the sale of Longmont Medical Campus, a premier 104,438-square-foot medical outpatient building located at 1551 Professional Lane in Longmont (Denver), Colorado. The two-story multi-tenant facility […]

News Release: Occupied Senior Housing Units Reach New High

Boston, Baltimore, and Tampa record highest occupancy rates; Atlanta, Houston and Las Vegas have lowest rates—but improved from 3Q24 Annapolis, Md.—Senior housing occupancy rates in the United States increased 0.7 percentage points, from 86.5% occupied in the third quarter of 2024 to 87.2% in the fourth quarter, according to the National Investment Center for Seniors […]

News Release: CREG U.S. Healthcare Investment Sales Team Announces Sale of the Eye Consultants of Atlanta Medical Outpatient Building

News Release: CREG U.S. Healthcare Investment Sales Team Announces Sale of the Eye Consultants of Atlanta Medical Outpatient Building

The CREG U.S. Healthcare Investment Sales Team is pleased to announce the successful sale of the Eye Consultants of Atlanta Medical Outpatient Building, a state-of-the-art healthcare facility located at 340 Brandywine Blvd., Fayetteville, GA. This single-tenant, physician-owned medical outpatient building is a premier example of Class A healthcare real estate. Constructed in 2013, the steel-framed […]

News Release: Just Closed 15-Year Net Lease Outpatient Medical Building Operated by Market-Leading Surgical Practice New England Orthopedic Surgeons

News Release: Just Closed 15-Year Net Lease Outpatient Medical Building Operated by Market-Leading Surgical Practice New England Orthopedic Surgeons

Transaction Highlights Date Closed 12/30/24 Size 61,321 SF Leased 100%   New England Orthopedic Surgeons MOB 300 Birnie Avenue | Springfield, MA CBRE U.S. Healthcare Capital Markets is pleased to announce the closing of New England Orthopedic Surgeons MOB (the “Property”) located in Springfield, MA. Chris Bodnar, Brannan Knott, Zack Holderman, Cole Reethof, Trent Jemmett and Jesse […]

News Release:  BMO Healthcare Real Estate acts as Sole Lender of a $30MM Term Loan Facility on behalf of an Institutional Investor

News Release: BMO Healthcare Real Estate acts as Sole Lender of a $30MM Term Loan Facility on behalf of an Institutional Investor

BMO’s Healthcare Real Estate Finance group announces that it acted as Sole Lender on a term loan refinancing of $30MM for The Solana East Cobb, a class-A 94-unit Assisted Living and Memory Care community located in the Atlanta MSA.  The Solana East Cobb has been managed and operated by The Arbor Company since its original […]

News Release: Vitalis advises on Sale of 35,000 SF MOB/ASC in the Bronx, NY.

News Release: Vitalis advises on Sale of 35,000 SF MOB/ASC in the Bronx, NY.

Bronx, NY (December 12, 2024) Vitalis advised Chicago Pacific Founders (CPF) on the acquisition of a 34,900 -square-foot medical building located at 951 Brook Ave in New York. Vitalis sourced the opportunity off-market. CPF purchased the assets for an undisclosed price from a private investor. The 100% leased asset is anchored by an ASC and […]

News Releases: MONTICELLOAM, LLC Closes $73.2M in Bridge and Working Capital Financing for Ohio Skilled Nursing Portfolio

New York, NY, January 15, 2025 – MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, announced the closing of $73,200,000 in total bridge and working capital financing for a portfolio of seniors housing and healthcare properties across Ohio. The $64,700,000 floating-rate senior bridge loan will be used by the sponsorship group, […]

News Release: CBRE Arranges Sale of AdventHealth Wesley Chapel Wellness Plaza in Tampa

News Release: CBRE Arranges Sale of AdventHealth Wesley Chapel Wellness Plaza in Tampa

Press Release FOR IMMEDIATE RELEASE Tampa – January 10, 2025 – CBRE facilitated the sale of Wesley Chapel Wellness Plaza, a 95,896-square-foot on-campus medical outpatient building (MOB) located at 2700 Healing Way, Wesley Chapel, Florida to AdventHealth Wesley Chapel. Chris Bodnar, Brannan Knott, Zack Holderman, Cole Reethof, Trent Jemmett and Jesse Greshin of CBRE U.S. […]

News Release: CBRE Advises on Sale of Fully Leased, Market-Leading New England Orthopedic  Surgeons’ Medical Facility

News Release: CBRE Advises on Sale of Fully Leased, Market-Leading New England Orthopedic Surgeons’ Medical Facility

Springfield, MA – January 15, 2024 – CBRE facilitated the sale of the New England Orthopedic Surgeons’ facility, a 61,321-square-foot medical outpatient building (MOB) located at 300 Birnie Avenue, Springfield, Massachusetts to Chicago-based Remedy Medical Properties in a venture with Kayne Anderson Real Estate.  Chris Bodnar, Brannan Knott, Zack Holderman, Cole Reethof, Trent Jemmett and Jesse Greshin of […]

News Release: AdventHealth Redmond announces new Heart and Vascular Institute

News Release: AdventHealth Redmond announces new Heart and Vascular Institute

Published date: January 15, 2025 This week, AdventHealth Redmond announced construction on a 40,000 square-foot medical office building that will be home to the AdventHealth Redmond Heart and Vascular Institute. Site preparation has already begun, and construction will continue through March 2026. “The AdventHealth Redmond Heart and Vascular Institute will enable us to care for […]

News Release: CBRE Arranges Sale of Three Medical Buildings Adjacent to UCLA West Valley Medical Center

News Release: CBRE Arranges Sale of Three Medical Buildings Adjacent to UCLA West Valley Medical Center

Los Angeles, CA – January 15, 202g – CBRE facilitated the sale of the West Valley Medical Portfolio, consisting of three medical outpatient buildings (MOBs) totaling 162,554-square-feet located in West Hills, California. The buildings are located adjacent to each other and are situated on approximately 7-acres of contiguous land. Chris Bodnar, Brannan Knott, Zack Holderman, […]

News Release: Sold: Texoma Dialysis Center

News Release: Sold: Texoma Dialysis Center

HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a free-standing dialysis center located in Sherman, TX. The dialysis center was built in 2019 and is 100% leased to a joint venture with American Renal Associates, a wholly owned subsidiary of Innovative Renal Care, which operates 249 dialysis clinics […]

News Release: Broward Health Unveils Designs for New Medical Office Buildings and Parking Garage

News Release: Broward Health Unveils Designs for New Medical Office Buildings and Parking Garage

Fort Lauderdale, Florida – Broward Health is excited to announce plans for the construction of two cutting-edge medical office buildings and a parking garage at Broward Health Medical Center in Fort Lauderdale and Broward Health North in Deerfield Beach. This expansion represents a major step in bolstering the system’s healthcare offerings and expanding its footprint […]

News Release: AdventHealth Redmond announces new Heart and Vascular Institute

News Release: AdventHealth Redmond announces new Heart and Vascular Institute

This week, AdventHealth Redmond announced construction on a 40,000 square-foot medical office building that will be home to the AdventHealth Redmond Heart and Vascular Institute. Site preparation has already begun, and construction will continue through March 2026. “The AdventHealth Redmond Heart and Vascular Institute will enable us to care for the increasing number of people […]

News Release: $39.98M in acquisition bridge financing secured for Oregon seniors housing communities

News Release: $39.98M in acquisition bridge financing secured for Oregon seniors housing communities

JLL Capital Markets led the financing efforts for the acquisition of the 344-unit portfolio PORTLAND, OR. Jan. 14, 2025 –  JLL Capital Markets announced today that it has arranged $39.98 million in acquisition financing for a portfolio of three seniors housing communities totaling 344 units in Eugene and Springfield, Oregon on behalf of a local operator. […]