Industry Pulse: MEDICAL PROPERTIES PART OF COMPANY ACQUISITION
When Realty Income Corp. (NYSE: O) closed on its $1.9 billion acquisition of American Realty Capital Trust (ARCT) in January, it received more than 500 properties as part of the purchase. In closing the deal, Escondido, Calif.-based Realty Income Corp., which owns more than 3,500 properties, also became an owner of some medical office buildings […]
Industry Pulse: 1$ BILLION YEAR AHEAD FOR ARC HEALTHCARE?
There’s no doubt that 2012 was a big year for American Realty Capital (ARC) Healthcare Trust. In fact, the New York-based, non-traded real estate investment trust (REIT) both raised and then invested more than $500 million on medical office buildings (MOBs), seniors housing properties and post-acute facilities. Yet the REIT’s officers say this year will […]
Industry Pulse: On The Record
Who is raising the most capital to buy MOBs? “The public healthcare REITs raised more money than any other REIT sector last year and the private REITs are raising tens of millions of dollars each day (to acquire MOBs).” Jim Kornick Managing Director Avison Young
Industry Pulse: ROCHESTER, MINN., TRYING TO HOLD (ONTO) THE MAYO
In cities large and small, hospitals and health systems are quite often a source of good-paying jobs and an important cog in the local economy. Nowhere, however, might a provider’s local impact be more prevalent than in Rochester, Minn., where the renowned 148-year-old Mayo Clinic touches just about everything and everyone. In the southeastern Minnesota […]
Editor’s Letter: Furious Finish for 2012
Our sources expected it – and they were right on Dear Reader: As we’ve noted in the past, here at Healthcare Real Estate Insights we recieve quarterly medical office building (MOB) sales reports from the fine folks at Real Capital Analytics (RCA) Inc. We take that data, analyze it, seek and insights feedback from healthcare […]
News Release: Seavest acquires Beaumont Medical Center
White Plains, N.Y.-based healthcare real estate fund manager closes on purchase of 149,000 square foot West Bloomfield, Mich., outpatient center Seavest closed on the purchase of Beaumont Medical Center, West Bloomfield, Mich., Dec. 19. The outpatient facility offers a wide range of services, including surgery, children’s rehabilitation and adult physical therapy/occupational therapy. Please click on […]
News Release: Baylor Health Care System and Scott & White Healthcare Plan Merger
February 20 – Baylor Health Care System and Scott & White Healthcare jointly retained Cain Brothers to assist the two health systems in merger discussions that have culminated in a Letter of Intent that was signed in December. The combined Baylor Scott & White Health will be the State of Texas’ largest not-for-profit health system. […]
For Sale: Tennova Portfolio, Knoxville, Tenn., MSA
Call for Offers Newmark Grubb Knight Frank Capital Tennova Portfolio – Knoxville, Tenn. MSA Four on-campus and attached MOBs. Offers due Feb. 22, 2013. For more information on this listing, please visit: Tennova Portfolio Disclaimer: HREInsights.com posts listings for healthcare real estate for sale or lease for informational purposes only. HREI has no financial interest […]
Archives: February 2013
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News Release: RAY HOLLIFIELD JOINS HEERY
ATLANTA, GA –Ray Hollifield has been named Vice President, Business Development Director at Heery International. In his new position, Mr. Hollifield is responsible for helping drive new business development across all markets sectors for both design-build and construction management. He is based in Heery’s Atlanta office. Mr. Hollifield has 30 years of experience in construction, […]
February 2013 PDF
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Archives: February 2013
Please click on one of the options below to access the current edition of Healthcare Real Estate Insights in your preferred format: PDF (“snapshot” of entire publication) Website (individual articles) Digital flipbook (COMING SOON!)
News Release: HFF Chicago hires John (Jack) A. Dudick as director in its healthcare practice group
CHICAGO, IL – HFF announced today that John (Jack) A. Dudick has joined the firm as a director in its Chicago office. Mr. Dudick will be a member of HFF’s national healthcare practice and will focus on healthcare capital markets and investment sale transactions throughout the United States. Mr. Dudick has more than 15 years […]
News Release: Leadership in Hospital Consolidation
As the health care industry experiences accelerating change due to factors such as the continuing implementation of PPACA, hospitals and health systems are actively exploring and entering into re-alignment and consolidation transactions with other health systems, physicians, payers and other providers. 2012 was another extremely active year for hospital mergers and acquisitions, with several key […]
For Sale: Advocate MOB Portfolio
The CBRE Healthcare Capital Markets Group is pleased to exclusively offer the Advocate Medical Office Portfolio (“The Portfolio”) for purchase. The 88% leased Portfolio consists of seven (7) on-campus medical office buildings totaling 408,734 rentable square feet in some of Chicago’s most affluent suburbs. Approximately 48% of the portfolio is anchored by Advocate Health […]
