Transactions: DOC REIT benefits from more ROFRs
Physicians Realty Trust agrees to buy three MOBs through rights of first refusal By John B. Mugford Rights of first refusal (ROFRs) have been good to Milwaukee-based Physicians Realty Trust (NYSE: DOC) in 2017.
Inpatients Projects: Novant Health opens new $67 million replacement orthopedic hospital in Charlotte
Charlotte-based Novant Health in mid-October opened a new replacement orthopedic hospital in midtown Charlotte, next to Novant Presbyterian Medical Center.
Companies & People: Stage Equity opens new regional office in Texas, hires Teresa Eoff as executive VP
Chicago-based Stage Equity Partners LLC, which invests in healthcare facilities, has opened an office in Texas and hired Teresa Eoff as executive VP there.
Trasactions: Virtus Real Estate acquires MOB in Hialeah, Fla.; hires Aurum to manage facility
Austin, Texas-based Virtus Real Estate LLC, a private equity firm, recently acquired the 68,000 square foot Hialeah Medical Plaza, an MOB attached to the 378-bed Hialeah Hospital, part of Tenet Healthcare Corp. West Palm Beach, Fla.-based Aurum Property Partners LLC marketed the property for the seller, […]
Post-Acute & Senior Living: Strawberry Fields, a SNF-focused REIT, pays $21.8 million for Louisville facility
South Bend, Ind.-based Strawberry Fields REIT LLC, which has a portfolio of 59 skilled nursing facilities (SNFs) in seven states, recently purchased the 88.5 percent
Companies & People: CNL Healthcare sees 8.3 percent increase in same-store Q2 NOI vs. previous year
In the second quarter (Q2) of 2017, Orlando-based CNL Healthcare Properties, a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties,
Companies & People: Hammes Company hired to work on $1 billion campus transformation in Cleveland
Brookfield, Wis.-based Hammes Company was recently retained by Cleveland based Metro Health System to act as the owner’s representative on the system’s six-year, $1 billion transformation project at its flagship hospital campus.
Outpatient Projects: Facilities to bolster Arizona system
Nex-Core to develop 175,000 s.f. outpatient campus at hospital in recreational region By John B. Mugford As most well-established, experienced healthcare development firms know, not all opportunities present themselves through requests for proposals (RFPs).
Industry Pulse: Tenet said to be considering a sale
System working with bankers to “explore strategic options” Citing “people familiar with the matter,“ the Wall Street Journal has reported that Tenet Healthcare Corp. (NYSE: THC) is “exploring its strategic options,” including a possible sale of the hospital company,
Post-Acute & Senior Living: Sabra pays $378 million for 21 SNFs on the West Coast; to sell 43 Genesis facilities
Irvine-based Sabra Health Care REIT (Nasdaq: SBRA) recently said it acquired 21 skilled nursing facilities on the West Coast for $378 million.
Transactions: Inland Real Estate affiliate purchases two MOBs near Hartford, Conn., for $16M
Oakbrook, Ill.-based Inland Real Estate Acquisitions Inc. recently facilitated the acquisition of two MOBs in New Britain by an affiliate of The Inland Real Estate Group LLC.
Transactions: CBRE Global Investors acquires final two MOBs of 27-building portfolio
GREATER CHICAGO – It looks as if Los Angeles-based CBRE Global Investment Partners (GIP) in September 2017 acquired the final two MOBs that are part of its larger purchase of a 95 percent interest in a 27-building portfolio from a joint venture (JV) of Los Angeles-based Kayne Anderson Real Estate Advisors and Chicago based MB […]
Transactions: Global Medical REIT was the buyer of Oklahoma portfolio for $49.5 million
OKLAHOMA CITY – Even though we previously reported the sale of three facility orthopedic portfolio in Oklahoma City that took place in the first half of 2017, the buyer nor the transaction price were known by HREI™ until recently. According to data from RCA, the buyer of the Oklahoma Center for Orthopaedic & Multi-Specialty Surgery […]
TRANSACTIONS: Anchor Health Properties adds to San Diego portfolio with two acquisitions
SAN DIEGO – Wilmington, Del.-based Anchor Health Properties is continuing its growth mode, as the company that once focused most of its efforts on healthcare developments has emerged as a significant player in the MOB acquisitions arena.
TRANSACTIONS: DOC to acquire more Minnesota MOBs
Physicians Realty Trust agrees to buy additional facilities from developer Davis By John Mugford When Milwaukee-based Physicians Realty Trust (NYSE: DOC) acquired a portfolio of eight medical office buildings (MOBs) from The Davis Group in early 2015, officials with both firms said the transaction was likely the start of a new, ongoing relationship. That relationship is continuing this fall with a recent […]
