Thought Leaders: Just Released – Davis MOB Market Pulse – Spring 2019
JUST RELEASED Davis MOB Market Pulse Spring 2019 Market Overview Following a mild ending to 2018 for the Minneapolis/St. Paul healthcare real estate market, leasing activity via new construction has picked up considerably in 2019. Eight new medical office buildings (MOBs) and well over 200,000 square feet of space will be completed by the end of 2019. New off-campus build-to-suit […]
News Release: HFF closes $10.18M sale of medical office building in Davidson, North Carolina
CHARLOTTE, NC – June 5, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $10.18 million sale of the 35,157-square-foot Davidson Medical Office Building in the Charlotte-area community of Davidson, North Carolina. HFF marketed the property on behalf of the seller, Canvass Capital, a real estate private equity firm, and procured the […]
Industry Pulse: MOBs are going Godzilla. We’re talking big. Really big.
JLL, with data from Revista, says 44 future monster MOBs will top 150,000 square feet NATIONWIDE — The movie Godzilla: King of the Monsters opened May 31, with some film reviewers saying that the CG-generated “Beast from the East” seems to be getting bigger with every sequel. The same might be said of medical office buildings […]
News Release: Capital One Provides $42.5 Million Commitment to Finance San Francisco Life Science Campus
FOR IMMEDIATE RELEASE New York (June 4, 2019) – Capital One announced today that it participated in a $430 million syndicated loan to finance Phase 1 of the Gateway of Pacific campus in San Francisco for BioMed Realty, a Blackstone portfolio company. The financing was provided by a syndicate of banks led by JPMorgan Chase Bank. […]
News Release: MLL Capital Acquires Medical Office Property in Woburn, Massachusetts
FOR IMMEDIATE RELEASE Plans to transform 112,000 square foot, two-building campus into world-class clinical healthcare property BOSTON (June 4, 2019) – MLL Capital, a Boston-based commercial real estate investor focused on medical office, laboratory and life sciences properties across the US, announced today the acquisition of two medical office buildings, totaling 112,228 square feet, in Woburn, […]
Feature Story: How to land business with health systems
Health system execs talk about what they expect from third-party firms By John B. Mugford MINNEAPOLIS – It is likely that any professional or company involved in healthcare real estate (HRE) has a goal of providing services or capital for, or establishing a client relationship with, strong healthcare systems and providers. One very well-attended panel […]
News Release: CVS Health Outlines Strategy to Accelerate Growth
Tuesday, June 4, 2019 Help Drive Differentiated, Consumer-Centric Health Experience; 1,500 Expected to Open by End of 2021 Strong Execution on Aetna Integration Projected to Drive Approximately $300 – $350 Million of Synergies in 2019; Synergies of Approximately $800 Million Projected in 2020 Reaffirming 2019 Full Year Guidance; Consolidated Revenues $251.2 to $254.4 Billion, GAAP […]
News Release: Ventas to Acquire High Quality Canadian Seniors Housing Portfolio in Partnership with Le Groupe Maurice
Ventas Invests in C$2.4 Billion Portfolio Through 85/15% Partnership with Le Groupe Maurice (“LGM”); LGM to Continue to Manage Portfolio 31 Class A Apartment-Like Seniors Housing Communities in Attractive Quebec Markets Well-Occupied, Stable Portfolio and Lease-Up Assets Expected to Deliver 4% NOI CAGR over Next 5 Years Additional Growth Expected from Four In-Progress Developments Exclusive Rights to […]
News Release: Fidelis begins construction of 100,000 square foot facility for SCL/Saint Joseph in Denver
FOR IMMEDIATE RELEASE Dallas-based developer to break ground June 5 for Saint Joseph Medical Office Pavilion on the hospital’s Uptown campus, offering residents new health, retail and restaurant options DENVER and DALLAS, June 3, 2019 – Residents of the Denver area will soon have access to more healthcare services, as well as new retail and restaurant […]
News Release: Transwestern continues to expand healthcare project management team with eight new experts
(June 3, 2019 – Houston) – Transwestern Commercial Services (TCS) today announces the addition of eight professionals to provide healthcare project management and construction services for properties across the country. James Selmser, Steven Donnelly, and Mark Harrison have joined the Healthcare Advisory Services group as Senior Vice Presidents; Annette Littleton, Kelly Spivey, and Andy Dermawan […]
News Release: Forrest Gardner To Join RTG As VP Of Newly Opened Nashville Location
Posted on Jun 03, 2019 by RTG Staff Realty Trust Group (RTG), recently ranked as the sixth-leading national healthcare real estate development firm by Modern Healthcare, announces the opening of a new office location in Nashville, Tennessee. The opening of this office significantly expands the firm’s depth and breadth of services for current and future clients […]
News Release: Anchor Health Properties Expands Atlanta Investments
FOR IMMEDIATE RELEASE June 3, 2019 (Wilmington, DE) Anchor Health Properties (Anchor) a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, continues to expand the Company’s presence across the Atlanta MSA with the acquisition of a 43,000 square foot Class A medical outpatient facility in the Johns Creek […]
News Release: Liberty Property Trust Announces Sale of Medical Office Tower in Center City Philadelphia for $99.25 Million
July 02, 2019 WAYNE, Pa., July 02, 2019 (GLOBE NEWSWIRE) — Liberty Property Trust has sold 800 Walnut Street in Philadelphia, Pennsylvania, for $99.25 million. Liberty developed the 12-story, 153,242 square foot medical office building in 2013 for an investment of $48.5 million. The property was purchased by University of Pennsylvania Health System. The Company […]