Transactions: BGO acquires 11 ASCs in nine states with a total of 223,000 square feet; CBRE brokers the sale
NINE STATES – New York-based BGO (BentallGreenOak) has acquired a portfolio of 11 ambulatory surgery centers (ASCs) in nine markets across the country. The price was not disclosed for the 223,000 square foot, fully leased portfolio that BGO acquired from a joint venture (JV) of Charlotte, N.C.-based Flagship Healthcare Properties and Boston-based AEW Capital Management. […]
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Feature Story: Steady income, recovering values
Cushman & Wakefield webinar explains why more investors are turning to MOBs By John B. Mugford It is quite clear that investor demand for medical outpatient buildings (MOBs) is holding steady, and perhaps increasing, despite some macroeconomic concerns amid ongoing geopolitical uncertainty. Digging deeper into that dynamic, last week’s Vital Signs webcast, hosted by a […]
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Feature Story: Macro pessimism, HRE optimism
The sector continues to perform amid wider concerns, InterFace panel says By John B. Mugford In summing up the state of the healthcare real estate (HRE) market, Andy Dow, an HRE-focused attorney, said, while moderating a panel of sector professionals: “At a time when there seems to be pessimism in some aspects of the macro […]
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People & Companies: ‘A truly remarkable person’
The HRE sector mourns the loss of mentor, colleague and friend Tony Scrivner By John B. Mugford Last week, HREI™ reported the sudden and unexpected death of Toby Scrivner, a gregarious, quick-with-a-smile and well-known professional who had been involved in the healthcare real estate (HRE) industry for nearly two decades. Soon after the news of […]
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News Release: Nominations Now Open for the 14th Annual HREI Insights Awards™
■ Nominations deadline: Friday, Nov. 20, 2026 ■ Awards presented: Wednesday, Feb. 3, 2027, during the Revista MREIF in Palm Beach Gardens, Fla. ■ New award added for 2026: The Rising Leader Award MINNEAPOLIS, Sept. 18, 2026 – Nominations opened today for the 2026 HREI Insights Awards™, the only national awards program exclusively recognizing excellence […]
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Project Case Study: Big city care in a small town
Mortenson’s financing and development strategies facilitated the project By Erin E. Poster When one ponders the phrase, “Cancer doesn’t discriminate,” most may think of it in terms of members of the human race, in that any of us could be its unlucky victims. But it’s also important to remember that cancer doesn’t generally discriminate by […]
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Companies & People: Capital One YTD loan volume up 75%
Jon Buehner discusses the firm’s $3.5B in first-half activity and the outlook By John B. Mugford Capital One says it closed, or was in the process of underwriting, more than $3.5 million in loan commitments through June 30, 2026, a 75 percent increase compared to the same six months of last year, and a reflection […]
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Transactions: Landes lands specialty hospital
STNL investor buys a 53-bed Arkansas asset for $131.5 million in a complex deal By John B. Mugford In an interesting deal that closed in early August in Bryant, Ark., a suburb about 20 miles southwest of Little Rock, a new tenant signed a long-term lease for a specialty hospital building, bought the land beneath […]
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Project Case Study: From tumult to triumph
Holladay Properties transforms a problem property into a flagship facility By Erin E. Porter and HREI Staff Not every building is a good candidate for an adaptive reuse, especially when it comes to healthcare. But one Indiana-based commercial real estate firm recently found success with the repurposing of an Orlando, Fla., property. South Bend-based Holladay […]
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Feature Story: $2.1B JV shows MOB sector strength
Justin Shepherd A closer look at the BAM-DOC deal and what it says about investor sentiment By John B. Mugford Perhaps no one involved in healthcare real estate (HRE) is likely to say that New York-based Brookfield Asset Management’s (NYSE: BAM) recent acquisition of a 49 percent share of a $2.1 billion portfolio of medical […]
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Feature Story: Rates will stay flat, MOB sales will rise
CBRE’s 2026 mid-year HRE webcast highlighted these forecasts and other data points By John B. Mugford NATIONAL – Interest rates are likely to remain steady for the rest of the year. Medical outpatient building (MOB) sales volume is expected to increase in 2026, while capitalization (cap) rates continue to compress amid growing demand for the […]
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Transactions: Virginia repurposing pays off
Cascade-BGO project sells in the mid-$40M range; Avison Young brokers sale By John B. Mugford Although the prospect of converting other commercial properties for medical use can be alluring, success hinges on several factors, including location, parking availability, building suitability, tenant demand and more. But it can be done, as evidenced by a recent repurposing […]
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Feature Story: Q2 2026 MOB sales were ‘moderate’
With the Welltower tranches closed, volume fell to $2B, RevistaMed webcast shows By John B. Mugford Although medical outpatient building (MOB) occupancies and rents continue to rise to historic levels, the sales volume was considered “moderate” during the second quarter (Q2) of this year. Last quarter’s MOB sales volume totaled $2 billion, according to the […]
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News Release: ABS Consulting Honors University of Michigan Health with Project Excellence Recognition for Maximo Implementation
Recognition reflects collaboration to strengthen asset management and support critical medical service HOUSTON, USA (October, 8, 2026) – ABSG Consulting Inc. (ABS Consulting) has recognized University of Michigan Health with the Project Excellence designation for its implementation of the IBM Maximo Application Suite to strengthen its maintenance, inspection and reliability processes across its facilities and […]
News Release: Cushman & Wakefield Sells $89 Million Senior Housing Portfolio in Virginia and Maryland
GREAT FALLS, Va. and QUEENSTOWN, Md. – Oct. 8, 2026 – Cushman & Wakefield announced that the real estate services firm has arranged the $89 million sale of a two-asset senior housing portfolio totaling 130 units. The institutional-quality portfolio consists of two assisted living and memory care communities: The Residence at Colvin Run, located at 1131 Walker Road in […]
Announcement – $15,488,000 Medical Office Building Sale – Fairfield Advisors
– $15,488,000 Transaction – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale the Sanford Health Medical Office Building located at 2801 University Dr S in Fargo, ND. The building totals 54,664 square feet. This single-tenant medical office building is occupied by Sanford Health (AA-) under a long-term […]
News Release: CBRE Advises Sale and Financing of Westgreen Medical Pavilion in Katy, Texas
Houston – October 2, 2026 – CBRE facilitated the sale and financing of the Westgreen Medical Pavilion, an 80,976 sq. ft. medical outpatient building (MOB) located at 750 Westgreen Blvd. in Katy, Texas. Chris Bodnar, Brannan Knott and Cole Reethof of CBRE U.S. Healthcare Capital Markets partnered with Brandy Bellow Spinks and Lane Kane of […]
News Release: Marcus & Millichap Capital Corporation Arranges Financing for Medical Office Property in El Paso, Texas
EL PASO, Texas – October 7, 2026 – Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged a $5,100,000 loan for the refinancing of a surgical center in El Paso, Texas. Robert Bhat, senior managing director in MMCC’s Miami office, secured the financing on behalf of […]
News Release: MorningStar Celebrates the Grand Opening of New Independent Living in Pasadena, California
Luxury Senior Community Offers State-of-the-Art Retirement Living PASADENA, CA (October 6, 2026) — Co-developers MorningStar Senior Living and The Ovation Group have completed a luxury independent living community as part of the campus of MorningStar of Pasadena in historic Pasadena, California. The property features 76 apartments designed to meet the evolving needs of today’s active […]
News Release: 100K SF Medical Office Building Hits Market in South Miami’s Core Medical Cluster
Transwestern Markets 92%-Occupied Property (OCT. 6, 2026 – MIAMI) – Transwestern announces its Southeast Investment Sales team has been retained to sell 6262 Sunset Drive, a 98,999-square-foot, eight-story medical office building in South Miami’s healthcare hub. Transwestern’s John Bell, Kevin Markwordt, CCIM, Von Baker and Jon Kleinberg are leading the marketing efforts on behalf of […]
Feature Story: Making lemonade from the squeeze
MOB investors are adapting to limited supply, more competition and lower yields By John B. Mugford With a limited supply of high-quality product, growing competition, higher prices and cap rate compression, medical outpatient building (MOB) investors are increasingly turning to other HRE assets, conversion plays and value-add properties. That was the word from a group […]
News Release: CBRE Facilitates Sale of 11-Property National ASC Portfolio
Dallas – October 5, 2026 – CBRE facilitated the sale of the National Surgery Center Portfolio, a healthcare real estate portfolio totaling 223,016 sq. ft. in 11 ambulatory surgery centers (ASCs) located in nine states nationally to BGO. Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare […]
Just Sold: Institutional-Quality Class A Behavioral Health Center
Berkadia Medical & Life Sciences is pleased to announce the successful sale of SUN Behavioral Health, a 155,000-square-foot, Class-A behavioral health hospital located in Erlanger, Kentucky. Eric Lee, Sabrina Solomiany, Vasili Davos, Chris Lashmet, Madison Strasmann and George Desloge of Berkadia Medical & Life Sciences led the transaction on behalf of the seller, Salt Lake […]