HREI announces first ever comprehensive awards program celebrating excellence in healthcare real estate development: The HREI Insights Awards
About the HREI Insights Awards™ The HREI Insights Awards™ have been established by Healthcare Real Estate Insights™ magazine to recognize excellence in healthcare real estate. The HREI Insights Awards are the only awards totally dedicated to the healthcare real estate sector. Please click on these links or scroll down for details: Award Categories How to […]
Archives: August 2013
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Transactions: Q2 sees sizable drop in MOB sales
But HRE professionals say demand remains strong and won’t ease anytime soon By John Mugford Not since the third quarter (Q3) of 2011 has the nationwide sales volume for medical office buildings (MOBs) been lower than the total for the second quarter (Q2) of this year. In fact, the sales total of
Cover Story: Big bucks in Buffalo
H2C taps Seavest for $100.7 million Conventus project By John B. Mugford Healthcare real estate development is playing a key role in Buffalo’s resurgence. Everyone seems to know all of the negatives – and the jokes – about Buffalo, N.Y., such as the back-breaking 93 inches of annual snowfall, the devastating loss of 50 percent […]
August 2013 PDF
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Archives: July 2013
Please click on one of the options below to access the current edition of Healthcare Real Estate Insights™ in your preferred format (paid subscription required): PDF (“snapshot” of entire publication) Website (individual articles) Digital flipbook (COMING SOON!) 2013 Archives
Industry Pulse: Lillibridge/Ventas nabs Advocate MOB Portfolio
Lillibridge didn’t need to travel far to find its newest medical office portfolio acquisition. Lillibridge, and its parent company, publicly traded Ventas (NYSE: VTR), are both based in Chicago, whose metropolitan area is home to the seven buildings offered in the in the Advocate Medical Office Portfolio. Lillibridge/Ventas closed on the 408,734 square foot portfolio […]
Transactions: CNL is on the move in the MOB space
Non-traded REIT acquires Knoxville portfolio for $57.3M; enters two other markets By John B. Mugford For much of the early 2000s, CNL Retirement Properties Inc. was one of the kings of the medical office building (MOB) sector, amassing a portfolio of more than 70 facilities nationwide.
Transactions: MB takes a prize-winner in Atlanta
Chicago-based firm acquires Piedmont West MOB and land for $84 million By John B. Mugford A year after winning BOMA International’s 2012 TOBY award as the medical office building (MOB) of the year, the Piedmont West building in Atlanta has landed a new owner.
Hot Property: Atlanta-area MOBs hit the market
Three-building, 184,705 square foot portfolio is seen as a ‘value-add’ opportunity Name: Atlanta Medical Office Portfolio Number of MOBs: 3 Locations: Marietta and Stockbridge, Ga. Size: 184,705 square feet (total) Occupancy: 75% (average) Seller: Affiliates of Marcus Partners Major tenants: Great Expressions Dental Centers, Northside Hospital, Piedmont Medical Care, Emory Healthcare Brokerage firm: Avison Young
Company Profile: New HRE investment firm starts up
Former Flagship execs form joint venture called MedSouth Healthcare Properties By John B. Mugford Two real estate executives based in Charlotte, N.C., are teaming up to form what they hope to grow into the “premiere investment firm for healthcare real estate in the Southeast.” The executives, who previously worked together at Flagship Capital Partners […]
Outpatient Projects: $450M facility underway in Boston
Construction has started on Brigham and Women’s project in Longwood area By John B. Mugford The goal for a massive future research and outpatient facility under construction in Boston is quite ambitious, to say the least. According to officials with Brigham and Women’s Hospital (BHW), the work that will take place inside the 11-story, 620,000 […]
Inpatient Projects: $2B hospital plans gain OK in S.F.
Scaled-down, 274-bed Cathedral Hill facility planned; St. Luke’s to be rebuilt By Dan Emerson After five months of negotiations that led to a long-awaited compromise, California Pacific Medical Center recently gained city approval to go ahead with its planned $2 billion Cathedral Hill hospital and a related rebuild of St. Luke’s Hospital. Opposition by some […]
Outpatient Projects: Duke Realty adding two Texas MOBs
Firm developing medical office buildings on Scott & White Healthcare campuses By John B. Mugford Two outpatient projects are underway on the campuses of two major hospitals in the Texas cities of Waco and Temple. Both of the facilities are being developed by Indianapolis-based Duke Realty Corp. (NYSE: DRE), which has an office in Dallas, […]
Companies & People: Griffin-American crosses the ocean for a big senior housing purchase
NEWPORT BEACH, Calif. – Griffin-American Healthcare REIT II Inc., a real estate investment trust (REIT) that focuses on healthcare properties, recently entered an agreement to acquire 44 senior housing and care facilities in England, Scotland and the island of Jersey.