Matt Stone

Companies & People: Stonemont is on a roll

Long-time investor launched its HRE unit with the hiring of Matt Stone in 2021 By John B. Mugford A somewhat new name has been making medical outpatient building (MOB) acquisitions and starting new development projects over the past four years or so, with quite a bit of activity in the past six months or so. […]

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Feature Story: More development despite record costs

Feature Story: More development despite record costs

Provider demand is strong enough to justify building, HREI™ board members say By John B. Mugford Medical outpatient building (MOB) construction costs hit an all-time high of $558 per square foot (PSF) last year, yet development activity increased anyway because provider demand has been strong enough to justify the added expense. That was the consensus […]

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The “Creative Lease Financing Structures” panel discussion during the BOMA Medical Real Estate Conference April 30 included (from left to right): moderator Sean Maynard of Brown Gibbons Lang, Craig Fimple of NexCore Group, Ben Mingle of Centurion Foundation, Howard Vogel of The Walker Group, and Greg Fawcett of JLL Securities.
HREI™ photo

Feature Story: How systems can use new financing models

BOMA panel discusses creative lease structures, shares case studies By John B. Mugford For health systems that would like to own certain outpatient facilities that they occupy, there has, for quite some time, seemingly been just a couple of methods to gain control of such assets. Those have included owning the land underneath a facility […]

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Transactions: NHP agrees to sell 86-MOB portfolio

Transactions: NHP agrees to sell 86-MOB portfolio

Newly public REIT announces $528 million sale slated to close in the second half By John B. Mugford As it shifts its focus to seniors housing, New York-based National Healthcare Properties Inc. (Nasdaq: NHP), which just went public in April, has entered an agreement to sell a portfolio of 86 medical outpatient buildings (MOBs) with […]

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The “Capital Markets” panel discussion during the BOMA Medical Real Estate Conference April 30 included (from left to right): Joe Magliochettiof Remedy Medical Properties, Jon Lewin of MedCraft, moderator Brannan Knott of CBRE, Peter Volas of Cleveland Clinic and Aashik Rao of Fengate Asset Management.
Photo courtesy of BOMA

Feature Story: The investment capital is there

Debt and equity are ready to fund MOB and HRE deals, BOMA panelists agree By John B. Mugford If anything has changed dramatically in the healthcare real estate (HRE) transactions market during the past year or so, it’s that there’s plenty more debt and equity available for investors. Here’s an example of how much things […]

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Feature Story: What’s shaping systems’ strategies

Feature Story: What’s shaping systems’ strategies

Providers are contending with a deteriorating financial model, Winstead panel says By John B. Mugford As the host of the recent 2026 Winstead Healthcare Real Estate & Construction Forum in Nashville, Tenn., Andy Dow, a healthcare real estate attorney and co-chair of the Real Estate Industry Group with Dallas-based law firm Winstead, relayed just how […]

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The “Lenders’ Playbook” panel discussion at the 2026 Winstead Medical Real Estate & Construction Forum April 15 in Nashville, Tenn., included (from left to right): moderator Steve Leathers of Transwestern and panelists Steve Reedy of First Citizens Bank, Winston Abbott of Siemens Financial Services and Joe Dominguez of BMO Financial Group.
Photo courtesy of Winstead

Feature Story: It’s ‘a borrower’s world right now’

They’re benefitting from a competitive debt market, Winstead panel says By Murray W. Wolf The era of “easy money” might be over, but healthcare real estate (HRE) lenders are open for business in an increasingly competitive market, and that’s good for would-be borrowers. That was one of the primary takeaways from a panel discussion featuring […]

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Transactions: Sila agrees to merge with Blue Owl for about $2.4B

Deal includes 137 properties totaling over 5.1 million s.f.; Newmark was the real estate advisor By Murray W. Wolf Tampa, Fla.-based Sila Realty Trust Inc. (NYSE: SILA) and affiliates of New York-based Blue Owl Capital (NYSE: OWL) announced Monday, April 20, that Sila has agreed to merge with an affiliate of Blue Owl in an […]

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Feature Story: HRE leaders predict growth in 2026

HREI board members foresee a strong year, while also expressing some caution By John B. Mugford Although there is certainly plenty of turmoil around the globe, professionals with many of the top firms are optimistic about the year ahead. At least that’s how a vast majority of the members of the HREI™ Editorial Advisory Board […]

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Texas and Florida continue to lead the nation in FSED development. Baptist Health operates eight FSEDs in Northeast Florida, including this $17.6 million, 23,879 s.f. facility completed in November 2024, and recently acquired a site for a ninth.
Photo courtesy of Baptist Health

Feature Story: The FSED comeback continues

After a backlash and a slowdown, the product type is again going strong By John B. Mugford The story of freestanding emergency departments (FSEDs) can be compared to a roller coaster, as the product type experienced a meteoric rise in development in its early years, followed by a slowdown, and then, in recent years, a […]

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News Releases: Hoar Construction Breaks Ground on 32,000-Square-Foot MOB for Central Health in Austin

News Releases: Hoar Construction Breaks Ground on 32,000-Square-Foot MOB for Central Health in Austin

Located within the Colony Park community, the facility will expand healthcare access to the greater East Austin area AUSTIN, Texas (June 4, 2026) – Hoar Construction has broken ground on a $37 million, 32,000-square-foot medical office building (MOB) for Central Health in Austin, Texas. The project sits within the Colony Park community in East Austin, […]

News Release: NexCore Group and Clarion Partners Break Ground on The Gallery Richmond Beach

News Release: NexCore Group and Clarion Partners Break Ground on The Gallery Richmond Beach

New senior living community in Shoreline, Washington will offer Independent Living, Assisted Living, and Memory Care near Seattle’s North Shore SHORELINE, WA / ACCESS Newswire / June 4, 2026 / NexCore Group and Clarion Partners celebrated the groundbreaking of The Gallery Richmond Beach, a new senior living community planned for Seattle’s North Shore. Located at […]

News Release: $39M bridge loan arranged for Central Massachusetts active adult community

News Release: $39M bridge loan arranged for Central Massachusetts active adult community

JLL Capital Markets led the financing efforts for The Arbella at Bramble Hill, a 123-unit, Class A active adult community in Worcester, Massachusetts BOSTON, June 4, 2026 – JLL Capital Markets announced today that it has arranged $39 million in financing for The Arbella at Bramble Hill, a recently completed, 123-unit, Class A active adult community […]

News Release: Berkadia Completes Senior Living Sale in Tucson, Arizona

Tucson, Arizona – June 4, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Broadway Proper, a 232-unit independent and assisted living community in Tucson, Arizona. Senior Managing Directors Cody Tremper, Dave Fasano, Mike Garbers, and Ross Sanders of Berkadia Seniors Housing & Healthcare closed the sale […]

News Release: AHN Announces Plans to Build New Canonsburg Hospital at Southpointe Business Park

News Release: AHN Announces Plans to Build New Canonsburg Hospital at Southpointe Business Park

PITTSBURGH — Allegheny Health Network (AHN) and Highmark Health today announced plans to build a state-of-the-art, full-service hospital in Cecil Township at the Southpointe II business park. The new approximately 150,000-square-foot facility will replace the current AHN Canonsburg Hospital and significantly expand access to advanced, comprehensive health care services for residents of the greater Washington County […]

News Release: A New Chapter in Heart Care: UPMC Opens New UPMC Children’s Heart Institute

News Release: A New Chapter in Heart Care: UPMC Opens New UPMC Children’s Heart Institute

PITTSBURGH — UPMC today celebrated the grand opening of the new UPMC Children’s Heart Institute, a state-of-the-art facility designed to advance care for children with heart conditions and support their families throughout every stage of treatment. The $85 million project is the biggest addition to the UPMC Children’s Hospital of Pittsburgh campus since 2009, when […]

News Release: Cooper University Health Care Announces Major New $300 Million Gloucester Township Campus

News Release: Cooper University Health Care Announces Major New $300 Million Gloucester Township Campus

State-of-the-art outpatient facility will expand access to advanced specialty care (BLACKWOOD, NJ) — Cooper University Health Care, the leading academic health system in southern New Jersey, today announced plans for a new multispecialty outpatient campus in Gloucester Township, a transformative $300 million investment that will expand access to advanced specialty care services for residents across […]

News Release: JLL closes $20.3M HUD 232/223(f) refinancing for premier New Hampshire memory care community

News Release: JLL closes $20.3M HUD 232/223(f) refinancing for premier New Hampshire memory care community

Spring Village at Dover secures competitive long-term financing through specialized HUD program, ensuring continued high-quality dementia care services in growing Seacoast region BOSTON, June 3, 2026 – JLL Capital Markets announced today that through its lending arm JLL Real Estate Capital, LLC, it has successfully closed a $20.3 million 232/223(f) insured mortgage loan backed by the […]

News Release: ESI Facilitates Sale for Independent Owner-Operator in Colorado

News Release: ESI Facilitates Sale for Independent Owner-Operator in Colorado

Colorado – May 29, 2026 – Evans Senior Investments (ESI) is pleased to announce the successful sale of a skilled nursing community located in Colorado.  The purchase price was $20,800,000 or $160,000 per bed. ESI advised an independent owner-operator, in the transaction. The facility was acquired by a Utah-based buyer, who continues to grow their […]

PHOTO (L-R): Nashville Davis and Marisa DeLuca (Riverside), Linda Levin (ElderSource), Jocelyn Caba (Ascension St. Vincent’s Riverside), Tourea Robinson (Jacksonville’s Senior Services), Jacksonville Councilman Jimmy Peluso, Pam
 Montemurno and Mike Smith (Marquis), Kristen Knapp (Florida Health Care Association), Cynthia Miller (representing Congressman Aaron Bean), Jennifer Herzog (Marquis) and Norman Rokeach (Marquis Limited). Not pictured: Jacksonville Councilman Ronald Salem and
 Scott Kashman (Ascension St. Vincent’s Riverside)

News Release: Riverside Post Acute Grand Re-Opening Celebrates Multi-Million-Dollar Renovation in Jacksonville, Fla.

State and Local Dignitaries Join Milestone Festivities JACKSONVILLE, Fla. (June 3, 2026) — Riverside Post Acute in Jacksonville marked the completion of its multi-million-dollar, top-to-bottom modernization with a Grand Reopening this spring. Located at 1750 Stockton Street, the skilled nursing center has a long history of serving the regional community, providing post-hospital care, short-term rehab and long-term residential care. More than 80 guests […]

News Release: Anchor Health Properties Celebrates Groundbreaking  of Inpatient Rehabilitation Hospital in North Houston

News Release: Anchor Health Properties Celebrates Groundbreaking of Inpatient Rehabilitation Hospital in North Houston

(Houston, TX) Alongside health system leadership, community stakeholders, and project team members, Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management, and investment company focused exclusively on medical outpatient buildings and specialty healthcare facilities, recently celebrated the groundbreaking of a new, purpose-built inpatient rehabilitation hospital designed to expand access to specialized recovery […]

State-of-the-art outpatient facility will expand access to advanced specialty care

News Release: Cooper University Health Care Announces Major New $300 Million Gloucester Township Campus

(BLACKWOOD, NJ) — Cooper University Health Care, the leading academic health system in southern New Jersey, today announced plans for a new multispecialty outpatient campus in Gloucester Township, a transformative $300 million investment that will expand access to advanced specialty care services for residents across the region. The nearly 184,000-square-foot, five-story Gloucester Township Campus will […]

News Release: DONE DEAL: Proton Pioneers

News Release: DONE DEAL: Proton Pioneers

Blueprint Completes First-Ever Investment Sale of Proton Therapy Center Tennessee Oncology Proton Center | Franklin, Tennessee The Tennessee Oncology Proton Center in Franklin, Tennessee is one of only 48 operating proton therapy centers in the United States — a facility type that, until now, had never traded through a broker-led, competitive investment sales process. Every […]

Mike Conn

Companies & People: Mike Conn joins NexCore Group

Former Meridian CEO with stay in California as part of the firm’s growth strategy By John B. Mugford In what is certainly one of the biggest personnel moves in the healthcare real estate (HRE) space so far this year, Mike Conn has joined one of the sector’s best-known, longest-standing and most prolific development and investment […]

News Release: NYU Langone Health Announces Plans for a State-of-the-Art Academic Medical Center in Melville

News Release: NYU Langone Health Announces Plans for a State-of-the-Art Academic Medical Center in Melville

As part of its comprehensive strategy to expand access to the highest-quality care across Long Island, NYU Langone Health today announced plans to build a world-class, state-of-the-art academic medical center in Melville, near the border of Nassau and Suffolk Counties. The new campus will include a modern hospital with more than 500 private inpatient rooms, […]