Industry Pulse: 56% Want Obamacare ‘Fixed,’ Poll Finds
Proportion who want a total repeal declines to 30 percent As the country waits to see if the Trump administration and Republican leaders in Congress will indeed repeal and replace the Patient Protection and Affordable Care Act (PPACA) as they have promised, a slight majority of likely U.S. voters – 56 percent – want the […]
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 […]
News Release: Optimal Outcomes Project Named 2016 HREI Insights Awards™ Finalist
Optimal Outcomes was honored to be named as a finalist amongst the best of the best in healthcare real estate for the 2016 HREI Insight Awards, the only national awards totally dedicated to recognizing excellence in the areas of healthcare real estate development and executive leadership. Optimal Outcomes’ Brandon Medical Pavilion was named Finalist among […]
News Release: Marcus & Millichap Facilitates the Largest 2016 Medical Office Transaction in Michigan
January 23, 2017 GRAND RAPIDS, Mich., Jan. 23, 2017– Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of the Women’s Health Center of West Michigan, a four-story, 106,806-square-foot medical office building. The Class A asset is 93 percent occupied […]
Thought Leaders: Navigant’s 2017 Healthcare Trends
Navigant’s 2017 Healthcare Outlook Is healthcare breaking bad or headed in the right direction? The ACA’s future is uncertain with a new president occupying the Oval Office, but it’s clear the pressure on providers to improve quality and reduce costs will only intensify, no matter the new administration’s approach. Following are trends that will impact […]
News Release: Peter Scott to Join HCP as Executive Vice President and Chief Financial Officer
News Release Issued: Jan 23, 2017 (8:55am EST) IRVINE, Calif., Jan. 23, 2017 /PRNewswire/ — HCP (NYSE:HCP) today announced that Peter Scott will join the company as Executive Vice President and CFO, effective February 13, 2017. Mr. Scott succeeds Tom Herzog who was appointed Chief Executive Officer in January 2017. “On behalf of our Board, Executive […]
News Release: Carter Validus Mission Critical REIT II, Inc. Acquires Healthcare and Data Center Properties Totaling Over $100 Million
January 23, 2017 06:00 AM Eastern Standard Time TAMPA, Fla.–(BUSINESS WIRE)–Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) completed the following data center and healthcare property acquisitions totaling more than $100 million in aggregate purchase price during the month of December 2016: DATA CENTER PROPERTY ACQUISITIONS Chicago Data Center II Acquired by CVMC […]
