Cover Story: Hit the road with HREI!
We unpack highlights from healthcare real estate conferences across the USA When we began publishing Healthcare Real Estate InsightsTM more than a decade ago, there was only one established medical office buildings (MOB) conference and that event was relatively small. The 2003 BOMA MOB Conference piggybacked on the national BOMA convention and attracted about 150 […]
Feature Story: HTA now getting plenty of attention
After a low-key NYSE listing, the healthcare REIT has taken steps to get noticed By John B. Mugford There are speculations as to why Healthcare Trust of America Inc. did not receive as much attention as anticipated from analysts after it went public on June 6, 2012. On that day, the company went from being […]
Transactions: MOB sales topped $1B again in Q1
That makes four straight quarters of $1 billion-plus, and 16.7% above Q1 2012 One of the top transactions of Q1 was ARC Healthcare Trust’s acquisition of the Northside East Cobb Medical Campus in Marietta, Ga., for $19.2 million. Photo courtesy of CBRE Group Inc. By John B. Mugford As 2012 […]
Transactions: Harrison Street completes $58M buy
Allina Health monetizes 200,000 square foot outpatient campus near Minneapolis Chicago-based Harrison Street has acquired the three building, 200,000 square foot WestHealth outpatient campus in suburban Minneapolis from Allina Health. HREI Photo by Andrew Wolf By John B. Mugford As one drives along busy U.S. Interstate 494 through Plymouth, […]
Transactions: ARC Healthcare moves quickly to acquire MOB in West Michigan
WYOMING, Mich. – In today’s MOB sales market, where demand far outpaces supply, quality facilities get snapped up rather quickly – at strong prices to boot. A good example can be found in Wyoming, just south of Grand Rapids. There, New York-based ARC Healthcare Trust Inc., an unlisted real estate investment trust (REIT), paid $16.4 […]
Transactions: Stage Equity Partners finds MOB in Illinois that fits its ‘sweet spot’
ELK GROVE VILLAGE, Ill. – Skokie, Ill.-based Stage Equity Partners LLC recently acquired an MOB in Elk Grove Village that is just a stone’s throw from the 387-bed Alexian Brothers Medical Center. The private real estate investment firm acquired the multi-tenant, 52,126 square foot Woodland Square MOB complex for $7.2 million, or $138 PSF. The […]
Hot Property: A big, rare MOB portfolio hits D.C.
Washington Real Estate Investment Trust’s portfolio has 17 assets, 1.3 million s.f. The Woodburn Medical Park II building in Annandale, Va., is one of 17 offered for sale by Washington Real Estate Investment Trust in the Washington, D.C., area. Photo courtesy of WRIT Name: WRIT Medical Office Portfolio Number […]
Cover Story: Ready or not, here it comes
Change, that is. System executives discuss how to prepare. Destination: InterFace Healthcare Real Estate West, Los Angeles By John B. Mugford Ah, the comfort of the status quo. For the people and companies involved in healthcare real estate, the next year or so is supposed to be, according to some high-level observers, a lot like […]
Companies & People: All systems go for MedProperties
After closing its first fund the investment firm launches $150 million second fund By John B. Mugford When MedProperties Holdings LLC entered the healthcare real estate (HRE) sector in 2007, principals with the private equity firm spent plenty of time spreading the word about what they could offer to developers, buyers and lenders. As the […]
Outpatient Projects: UConn’s new facility to foster growth
Work is underway on massive ambulatory care center that will have 300,000 s.f. By John B. Mugford The University of Connecticut (UConn) Health Center is going all out in its effort to provide more outpatient services on its campus, and so is the state of Connecticut. Construction started in recent months on a future $203 […]
Post-Acute & Senior Living: Rehab hospital is a sign of the times
Duke Realty moves into post-acute space as providers try to trim readmissions By Murray W. Wolf One of the most talked-about aspects of the Patient Protection and Affordable Care Act (PPACA), or healthcare reform, is that hospitals and health systems now face financial penalties for above-average rates of readmissions for certain “preventable” conditions covered by […]
Cover Story: Sector is stronger than it looks
The market is quietly rebounding – and opportunities abound Destination: MREJ Healthcare Conference, Minneapolis By John B. Mugford The healthcare real estate (HRE) sector has quietly rebounded during the past three years and plenty of development and investment opportunities remain. That seemed to be the consensus of the presenters and panelists who appeared at the […]
Cover Story: Ideas for thriving on chaos
Industry experts tell Chicago audience to reposition for growth Destination: IREJ Healthcare Conference, Chicago By John B. Mugford Editor’s Note: This is an expanded version of the article that appeared in the print edition of Healthcare Real Estate Insights Like the U.S. economy, the healthcare real estate (HRE) sector has experienced a precarious and excruciatingly […]
Outpatient Projects: $18M MOB slated for well-known medical corridor in Little Rock
LITTLE ROCK. Ark. – The well-known healthcare corridor near St. Vincent Infirmary Medical Center in Midtown Little Rock has not seen the building of new medical office space for many years – until now, that is. Little Rock Medical Associates (LRMA) and its affiliates recently started construction on a new $18 million, “Class A” MOB […]
