Industry Pulse: On the Record – Jonathan “John” Winer
How will healthcare real estate be affected by changes to Obamacare? “As things stand, it appears that the most likely outcome for a new healthcare plan will be to retain some of Obamacare’s most popular provisions while trying to integrate market-based competition to reduce the cost of insurance.
Capital Markets: Portfolios versus single assets
There’s a difference between financing large MOB portfolios and single assets By Erik Tellefson Over the last few years, we’ve seen a number of large medical office building (MOB) portfolios in the marketplace – notable both for their size, but also for their use of property-level finance. Large portfolios are a different animal from single […]
Post-Acute & Senior Living: RCP Properties and Matteo Realty Partners form second memory care joint venture
ROWLETT, Texas – Two Dallas-based firms, RCP Properties LLC, a real estate equity firm, and Matteo Realty Partners, have formed a joint venture (JV) to develop a 40-unit memory care community in the Dallas suburb of Rowlett.
Post-Acute & Senior Living: Avison Young represents McFarlin Group in $2.7M acquisition of Phoenix development site
PHOENIX – Avison Young announced March 30 that it has brokered the $2.7-million sale of a 6.87-acre land parcel for the development of an assisted living and memory care community in Phoenix.
Industry Pulse: On the Record – Todd J. Meredith
How are providers reacting to a potential change in Obamacare? “Most headlines concerning the replacement of the ACA are focused on political issues surrounding insurance coverage.
Industry Pulse: Tired of the Ongoing Healthcare Debate?
Boldly go to this site for a look at medicine, Star Trek style Are you tired of the political saga and the seemingly endless debate over whether to repeal and replace the Patient Protection and Affordable Care Act (PPACA)? Escape with Star Trek.
Post-Acute & Senior Living: Firm adding MOBs to senior housing
LifeCenters Development of Franklin, Tenn., has several projects in the works By John B. Mugford The concept certainly makes plenty of sense: including medical office buildings (MOBs) in senior housing communities.
Post-Acute & Senior Living: Ryan Companies, LCs and Harrison Street to develop senior living community in Naperville, Ill.
NAPERVILLE, Ill. – Ryan Companies US Inc. announced April 10 that it has acquired an 11-acre land parcel in Naperville, Ill., for construction of the $48.5 million Clarendale at Indian Lake is a senior living community.
Industry Pulse: Lockard Executive Credits Connections
David Wilson says CCIM link led to $16.8 million MOB sale David P. Wilson, Executive VP of the Cedar Falls, Iowa-based healthcare real estate (HRE) and retail development firm Lockard, happens to be the incoming national CCIM Institute president. (CCIM is an acronym for Certified Commercial Investment Member, which means the individual has completed advanced […]
Editor’s Letter: ‘Groundhog Day’ again
The same issues seem to arise time and time again Dear Readers, “The more things change, the more they stay the same.” We’ve all heard that adage countless times. But it seemed especially relevant when it was uttered during the 2017 InterFace Healthcare Real Estate (HRE) West Conference in Los Angeles in March.
REIT Report: HR Trust picks up investment pace
In Q4 earnings call, company officials tell analysts they expect similar results in 2017 By John B. Mugford Nashville, Tenn.-based Healthcare Realty Trust (NYSE: HR) is not necessarily known for opening up its checkbook and making huge acquisitions, although the publicly traded real estate investment trust (REIT) has gradually accumulated a $3.5 billion portfolio with […]
News Release: Perrysburg Medical Center Expansion
April 25, 2017 Perrysburg, OH – Recognizing that our patients want to receive healthcare closer to home, Mercy Health is working to create access to comprehensive services in smaller, more convenient locations. Today, we’re pleased to announce the construction of a new addition to our Perrysburg campus to house expanded services for patients in the […]
Companies & People: Capital One administers $30.5 million in financing for MOB purchase in Michigan
GRAND RAPIDS, Mich. – McLean, Va.-based Capital One recently served as the administrative agent for a $30.5 million loan for the acquisition of a 107,000 square foot MOB in Grand Rapids, Mich.
Companies & People: Raymond James places $99.4 million in financing for Greater Baltimore Medical Center
TOWSON, Md. – Raymond James Healthcare Finance announced yesterday that it served as the placement agent for the not-for-profit Greater Baltimore Medical Center’s $73.72 million tax-exempt revenue bond and $25.725 million taxable note.
Companies & People: As of April, Global Medical REIT has $75.1 million in medical purchases pending
BETHESDA, Md. – Global Medical REIT Inc. (NYSE: GMRE) says it has three pending acquisitions under contract with a combined purchase price of $75.1 million, encompassing 165,629 square feet of leasable space.
