Transactions: Investor pays $90M for 38 MOBs in central Pennsylvania
Blueprint brokers the sale of 415,000 s.f. portfolio anchored by large primary care group CENTRAL PENNSYLVANIA – An undisclosed investor has paid $90 million for a 38-building, 415,180 square foot medical outpatient building (MOB) portfolio in cities across a 150-mile area of central Pennsylvania that is occupied by the “region’s largest independent primary care group.” […]
Industry Pulse: More pressure, more partnerships
For both operations and real estate, third parties help systems to meet demand By Murray W. Wolf As many health systems continue to invest in community-based outpatient, ambulatory and specialized care, demand is growing for new inpatient rehabilitation facilities (IRFs), freestanding emergency departments (FSEDs) and neighborhood hospitals. However, reimbursement issues and other financial pressures can […]
Companies & People: Nuveen Real Estate is making its mark in HRE
Portfolio Manager Bill Abramowitz discusses the firm’s outlook and optimism for the product type By John B. Mugford New York-based Nuveen Real Estate (NRE), part of Nuveen, the global asset‑management arm of TIAA (Teachers Insurance and Annuity Association of America), has made quite a splash in the healthcare real estate (HRE) sector in recent years. Established […]