Capital Markets: Hedging against interest rate risk
Loan structuring is more vital than ever in a rising interest rate environment By Erik Tellefson In a rising interest rate environment, loan structuring is more important than ever in order to protect lenders and borrowers. For lenders, the right structuring can keep a loan from deteriorating in debt service coverage as rates increase. For […]
Post-Acute & Senior Living: $550M rehab hospital set to open
Rebranded AgilityLab facility will replace the Rehabiltation Institute of Chicago By Murray W. Wolf The new $550 million, 27-story, 242-bed Shirley Ryan AbilityLab is scheduled to open March 25 at 355 E. Erie St. in Chicago’s Streeterville neighborhood. The new facility will replace, rebrand and expand the 182-bed Rehabilitation Institute of Chicago (RIC) hospital at 345 […]
REIT Report: Big year, big retirement at DocREIT
Acquisitions totaled $1.28 billion last year and founder John Sweet retired By John B. Mugford Prior to the start of 2016, executives with Milwaukee-based Physicians Realty Trust (NYSE: DOC) set its acquisitions guidance at $750 million to $1 billion for the year.
Post-Acute & Senior Living: Global Medical lands year-end deal
Publicly traded REIT’s portfolio now has 31 properties and 666,000 square feet By John B. Mugford For Bethesda, Md. Global Medical REIT Inc. (NYSE: GMRE) the closing days of 2016 brought with it an end-of-the-year acquisition: three rehabilitation hospitals operated by Birmingham, Ala.-based HealthSouth Corp. (NYSE: HLS) for a total price of $68.1 million.
Industry Pulse: On the Record – Dirk Aulabaugh
How would you assess the current environment for healthcare REITs? “There are very few traditional sectors in the REIT space that are trading at real premiums to their NAV (net asset value), but the sectors that are include healthcare, industrial, net lease and manufactured homes.”
Post-Acute & Senior Living: Two-building assisted living complex in the heart of San Francisco changes hands
SAN FRANCISCO – Hayes Valley Senior Living, a two-building assisted living community just a few blocks from San Francisco City Hall, recently changed hands for $25 million, or $481,000 per unit.
Industry Pulse: On the Record – Jackie Lundblad
What does the future look like for smaller physician practices? “I think that private practice physicians, especially those in the one- or two-person groups, have had a lot of pressure on their practices over the last six-plus years or so. Be it from administrative changes and documentation that they need to fill out to electronic […]
News Release: Woodbury’s CityPlace Unveils New Medical Office Development Plans
Elion Partners – Woodbury, MN / January 25, 2017 Elion Partners and The Davis Group Enter Joint Venture to Build 50,000 Square Feet of Medical Office Elion Partners and The Davis Group have entered a joint venture to develop a Class A medical office building at CityPlace in Woodbury, Minn. The new medical office building […]
News Release: JLL Healthcare Capital Markets had more than $1 billion in transactions in 2016
2016 Healthcare Capital Markets Transactions The JLL Healthcare Capital Markets team is proud to announce another successful year with over $1B in healthcare transactions. JLL Healthcare Capital Markets JLL Healthcare Capital Markets is the only national full service healthcare capital markets team in the real estate industry focused on medical office, hospitals, seniors housing and post-acute […]