Cover Story: DOC-PEAK merger combines the ‘best’ REIT balance sheets
Top officers Scott Brinker and John Thomas say the deal offers ‘great upside’ By John B. Mugford and Murray W. Wolf The March 1 closing of the merger between Denver-based Healthpeak Properties Inc. and Milwaukee-based Physicians Realty Trust created a healthcare and life sciences real estate investment trust (REIT) valued at nearly $21 billion. Behind […]
News Release: McLaren Greater Lansing (Mich.) increases access to care, announces $40 million Grand Ledge freestanding emergency department, medical office building
MARCH 19, 2024 McLaren Greater Lansing, part of statewide McLaren Health Care, has announced its plans to expand further into the community, enhancing patients’ access to health care services with the construction of ambulatory care campus in Grand Ledge. The nearly $40 million construction will be anchored by a freestanding emergency department and include additional […]
Feature Story: He helped establish the HRE sector
‘Retirement’ is a misnomer for MOB monetization pioneer Todd W. Lillibridge By John B. Mugford Back in 1990, a rather young man who was involved in commercial real estate decided to form a new business focused on a niche asset class that, to that point in time, really did not exist. The rest, as they […]
News Release: Vanbarton Healthcare Group and Tramview Capital Management Acquire Campus-adjacent Medical Building in Atlanta Metro
NEW YORK, New York (March 19, 2024) – The healthcare division of Vanbarton Group recently completed the acquisition of a campus-adjacent medical office building in Decatur, Georgia. The 11,055 square foot property is leased to Resurgens Orthopaedics, the largest privately held orthopedic practice in Georgia. The building was completely renovated in 2023 as clinical medical […]
News Release: Montecito acquires Wisconsin portfolio
Montecito acquires medical office portfolio in Milwaukee area Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two buildings in the Milwaukee suburb of Germantown, Wisconsin. The two adjacent properties, which encompass a total of 92,573 square feet, are 100% occupied by Advocate Aurora Health. “We are excited to acquire these two […]