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News Release: Sila Realty Trust, Inc. Acquires Escondido Inpatient Rehabilitation Facility from Harrison Street for $63.4 Million
August 08, 2022 01:50 PM Eastern Daylight Time TAMPA, Fla. & CHICAGO–(BUSINESS WIRE)–Sila Realty Trust, Inc., a public, non-traded real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of an inpatient rehabilitation facility located in Escondido, California (the “Escondido IRF”) from Harrison Street, […]
Life Sciences: Red-hot LSRE sector poised for a bit of a cooldown
However, panelists at recent LSRE conference in San Diego remain bullish on the space By John B. Mugford SAN DIEGO – For the past decade or so, the life sciences real estate (LSRE) sector has been a “magical” space for facility owners. That’s because the LSRE sector – which primarily includes office/lab space, but also encompasses […]
Thought Leaders: Fed rate hike creates stable path forward for healthcare real estate investment
JLL Healthcare Capital Markets Healthcare Perspectives July 2022 Concerns about interest rate increases softening in near term Change in the SOFR Forward Rate Curve Source: Kensington Capital Advisors Key points: • Fears about mounting interest rates subsided with the Federal Reserve’s announced rate hike of 75 basis points on July 27, providing welcome relief for real […]
News Release: Thomas Park Investments Reports Strong First Half with $75M in MOB Acquisitions
Company Expands into Southeast with Raleigh, North Carolina Purchase August 01, 2022 11:06 AM Eastern Daylight Time ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park Investments closed the first half of 2022 with $75 million in medical office building (MOB) acquisitions, halfway toward the company’s goal of $150 million in acquisitions this year. The acquisitions include a purchase in […]
News Release: Blueprint Healthcare Real Estate Advisors Launches Behavioral Healthcare Group
Blueprint announced today it is launching a Behavioral Healthcare advisory group to join its existing offerings of Seniors Housing and Care, Medical Office, and Capital Markets. Industry veteran Andrew Sfreddo will serve as Head of Behavioral Healthcare, and fellow behavioral healthcare real estate veteran, Shane Harmon, will serve as Senior Director. In 2020, behavioral healthcare […]
News Release: MedProperties Realty Advisors-Principal joint venture acquires Austin, Texas, MOB with ASC
FOR IMMEDIATE RELEASE The 41,997-square-foot Medical Towers at Bee Cave II has a hospital-affiliated anchor tenant and is located in one of the most desirable, growing investment markets in the country AUSTIN and DALLAS, Texas, July 27, 2022 – MedProperties Realty Advisors and Principal Real Estate Investors have formed a joint venture (JV) and acquired […]
News Release: PMB & SCL Health Medical Group Break Ground on a 63,000 SF Medical Office Building in Billings, Mont.
FOR IMMEDIATE RELEASE This development’s new 24,000 SF clinic space will offer a new primary care, retail pharmacy and walk-in clinic that will provide expanded health services to an area of Billings that is experiencing significant growth. BILLINGS, MONT., July 26, 2022 – PMB along with SCL Health Medical Group, now Intermountain Healthcare, will officially […]
Feature Story: Revista reports $8.2B in first half sales
Rents and occupancies are up; second generation MOBs are performing well By John B. Mugford With inflation on the rise and the cost of constructing new medical facilities continuing to escalate, who are the current and – at least for the near-term future – winners in the healthcare real estate (HRE) sector? In many cases, […]
News Release: Montecito Medical Acquires Surgery Center Building in Lynchburg, VA
Company expands large and growing footprint in state FOR IMMEDIATE RELEASE July 25, 2022 Montecito Medical has completed the acquisition of a surgery center building in Lynchburg, Virginia. The Surgery Center of Lynchburg property, which offers approximately 31,600 square feet, is, 100% occupied under a long-term lease. “We are pleased to add an excellent surgery […]
News Release: MH Deschaumes Advises LaSalle on Acquisition of UMichigan Campus Adjacent MOB
Grand Rapids, Mich. — Maarten Deschaumes advised LaSalle Investment Management, a leading real estate investment management firm and independent subsidiary of Jones Lang LaSalle (NYSE: JLL), on the off-market acquisition of 1673 Gezon Parkway, Wyoming in the suburbs of Grand Rapids. The newly constructed property is 100% leased to two leading specialty healthcare providers in […]
News Release: Newmark Arranges $8.8 Million Sale of Medical Office Building in Peoria, Arizona
FOR IMMEDIATE RELEASE Phoenix, AZ (July 21, 2022) — Newmark announces it has completed the $8.8 million sale of the Plaza Town Center Professional Plaza, a 26,970-square-foot medical office building located at 9139 W Thunderbird Road in Peoria, Arizona. Newmark Managing Director Kathleen Morgan represented the seller, Garnett Capital, in the sale to Evergreen Medical Properties. […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of TGH Rehabilitation Hospital for $51.2 Million
July 21, 2022 10:24 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company”), a public, non-traded real estate investment trust focused on investing in high quality healthcare properties along the continuum of care, today announced the acquisition of an inpatient rehabilitation facility (the “TGH Rehabilitation Hospital” or “Tampa IRF”) located in Tampa, […]
News Release: Healthcare Realty Trust and Healthcare Trust of America Announce Closing of Merger
Press Release Company Release – 07/20/2022 Combination creates preeminent, pure-play medical office building REIT NASHVILLE, Tenn. and SCOTTSDALE, Ariz., July 20, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) (“Healthcare Realty” or the “Company”) and Healthcare Trust of America, Inc. (NYSE: HTA) (“Healthcare Trust of America” or “HTA”) today announced the closing of […]
News Release: Merged Healthcare Realty Trust and Healthcare Trust of America to Be Included in the S&P MidCap 400 Index
July 19, 2022 17:37 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., July 19, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) (“Healthcare Realty” or the “Company”) announced the merged Healthcare Realty and Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) will be included in the S&P MidCap 400 Index effective prior […]
Companies & People: Vitalis and partner Advenir finding a lively HRE market
HREI interviews founder Elliott LaBreche about his fast-growing investment/brokerage firm By John B. Mugford A new name sure seems to keep popping up in the medical office building (MOB) acquisitions market, both for making purchases itself and for brokering sales for other owners. The company is Miami-based Vitalis, which was launched just last year and […]
