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Outpatient Projects: ERDMAN, city keep moving on $33M collaborative health project in Oregon

BEAVERTON, Ore. – One can certainly say that local officials in Beaverton, a large suburb of Portland, are heavily involved in bringing a new healthcare complex for low-income residents to their city. In fact, city councilors recently confirmed their support of the potential development of a $33 million outpatient health center that could include multiple […]

Outpatient Projects: Iowa system playing ‘catch up’

Replacement campus in Marshalltown will ramp up outpatient services By John B. Mugford Acknowledging that their outdated facilities are geared too much toward providing inpatient services, officials with an Iowa health system have announced plans for a replacement campus that will put a heavier emphasis on outpatient care. Marshalltown Medical & Surgical Center is moving […]

Post Acute & Senior Living: Carter Validus buys rehab hospital

REIT invests $22 million in 40-bed, 50,000 square foot facility in San Antonio By Murray W. Wolf Tampa, Fla. – based Carter Validus Mission Critical REIT Inc., an unlisted real estate investment trust (REIT), recently acquired Warm Springs Rehabilitation Hospital of Westover Hills in San Antonio. Carter Validus, which acquires data center and healthcare properties, […]

Publisher's Letter: What’s in store for ‘14?

Publisher’s Letter: What’s in store for ‘14?

Who can say? But, 2013 was certainly interesting Dear Reader: As we turn the page on 2013, let’s look back at some of the year’s top stories. January. We celebrated the 10th anniversary of Healthcare Real Estate Insights™ and looked back at some of the healthcare real estate (HRE) sector highlights from the previous decade, […]

Post Acute & Senior Living: Ocean Healthcare adds to portfolio by buying SNF, psychiatric unit

BLACKWOOD, N.J. – Lakewood, N.J.-based Ocean Healthcare, which operates more than 20 facilities in New Jersey, recently acquired a 300-bed skilled nursing facility and 150-bed acute care psychiatric unit in Blackwood, about 15 miles outside of Philadelphia. Camden County Health Services Center sold the property for more than $37 million, according to the Chicago and […]

Lucile Packard Children’s Hospital recently bought these MOBs in Los Gatos, Calif. Photo courtesy of CityFeet.com

Industry Pulse: Is This a ‘Reverse Monetization’ Trend?

Some providers have recently begun buying MOB assets We’re not sure if it’s a trend, but in late 2013 a handful or more hospitals and/or health systems acquired medical office buildings (MOBs) from developers, private third-party owners or physician groups.

Renaissance Place in Highland Park, Ill., is looking to medical users to fill a vacant Saks Fifth Avenue department store space. Photo courtesy of Renaissance Place

Industry Pulse: Mall Hopes to Bring Med Users to Ex-Saks Space

    Chicago-area lifestyle retail center looks to medical tenants to boost sagging occupancy As an upscale, multi-use lifestyle center in the Chicago suburb of Highland Park tries to boost its anemic occupancy, it is hoping to convert a vacant department store space into healthcare real estate. According to recent reports and news releases, the […]

Post-Acute & Senior Living: Sanders Trust and Harrison Street buy two Boston area IR facilities for $90 million

WOBORN and BRAINTREE, Mass. – Medical office buildings (MOBs) are still the apple of their eyes for most healthcare real estate (HRE) investors. Yet, with healthcare reform putting a growing emphasis on the continuum of care, more and more HRE investors are showing an interest in a wider range of facilities that provide important post-acute care […]

One of the assets Griffin-American Healthcare REIT II acquired was the three-story, 72,000 square foot 155 Crystal Run MOB in Middletown, N.Y. Griffin-American paid about $57 million, or $375 PSF. Photo courtesy of Raymond James

Transactions: G-A REIT II hits it big in December

  Unlisted REIT invests more than $541 million on HRE only a single month By John B. Mugford A year ago, with an increase in capital gains taxes looming for anxious sellers, a flurry of medical office building (MOB) deals closed out 2012 and made it a record-setting year for total sales volume (dollar amount). […]

Industry Pulse: On the Record: Greg Venn

Industry Pulse: On the Record: Greg Venn

What is the near-term outlook for healthcare real estate development? “I think there will be a robust development period in the next 12 to 24 months, as there are a number of projects in the pipeline. It seems that more systems are making decisions to move forward with projects. Specifically, we’re seeing a lot of […]

The Virginia Urology Center in Richmond, Va., was part of a 13-building portfolio that JLL’s Healthcare Capital Markets group marketed and brokered in 2013. Photo courtesy of Jones Lang LaSalle

Companies & People: A big year for JLL’s healthcare group

  As 2013 came to a close, Healthcare Capital Markets leader recapped the year By John B. Mugford It might be an understatement to say that the national Healthcare Capital Markets Group of Jones Lang LaSalle (NYSE: JLL) had a good 2013. As Mindy Berman, the managing director who heads the group, notes, “We had […]

Companies & People: Physicians Realty Trust expands portfolio with recent buys, buyouts,

MILWAUKEE – Milwaukee-based Physicians Realty Trust (NYSE: DOC), which completed its initial public offering (IPO) of more than 10.4 million shares of common stock, recently expanded its portfolio with two recent transactions. First, the publicly traded real estate investment trust (REIT) executed a contract to purchase and lease back an MOB in Columbus, Ohio, that […]

News Release: HREI Insights Awards™ Winners announced

News Release: HREI Insights Awards™ Winners announced

Healthcare Real Estate Insights™ presents awards to the winners of the first comprehensive national program recognizing excellence in healthcare real estate MINNEAPOLIS, Dec. 11 – Healthcare Real Estate Insights™ has announced the winners of the inaugural HREI Insights Awards™, the only national awards totally dedicated to recognizing excellence in the areas of healthcare real estate (HRE) […]

Archives: November 2013

Archives: November 2013

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November 2013 PDF

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