Industry Pulse: August 2011
NEW JERSEY – There is plenty of talk in the healthcare real estate sector these days about a lack of available, high-quality medical office buildings (MOBs) for sale, especially facilities with hospital affiliations. Whenever those properties are indeed placed on the market, the competition among a variety of investor types heats up quite strongly. Amid […]
Editor’s Letter: ‘On air’ brought panic
RADIO SHOW EXPLORES MEDICAL REAL ESTATE By, John B. Mugford Dear Reader: I’ve got to admit, I was feeling pretty comfortable as I settled in as a guest on the “Commercial Real Estate Show” on Business Radio 1190. The episode that I was part of was recently recorded in Atlanta and called “Healthcare Real Estate […]
Industry Pulse: July 2011
NEW YORK – Demand for healthcare facilities is approaching a point where it will outstrip supply, according to Jay Flaherty, chairman, president and CEO of Long Beach, Calif.-based HCP Inc. (NYSE: HCP), a large healthcare real estate investment trust (REIT). In a REIT.com video interview at “REITWeek 2011: NAREIT’s Investor Forum” at the Waldorf Astoria […]
Editor’s Letter: Panelist can entertain
SOME SPEAKERS ADD HUMOR TO CONFERENCES By, John Mugford Dear Reader: Every time I attend a healthcare real estate conference – quite often to moderate one of the panel discussions – I am impressed with how educational, informative, important and timely these events have become for people involved in this sector. Did I mention that […]
Industry Pulse: June 2011
FRISCO, Texas – The general consensus among professionals involved in healthcare real estate, as well as the healthcare industry in general, is that the development of new physician-owned hospitals is dead, killed by Section 6001 of the Patient Protection & Affordable Care Act. The provision, for the most part, prohibited the opening of new physician-owned […]
Editor’s Letter: Glad we’re ‘healthcare’
THERE’S MUCH MORE TO THIS SECTOR THAN MOBs By John B. Mugford. Dear Reader: When we launched Healthcare Real Estate Insights™ in January 2003, we deliberately used “healthcare” in our publication title rather than a more specific term like “medical office” to reflect that the scope of our coverage would include a broad range of […]
Industry Pulse: May 2011
NAPA, Calif. – A financially troubled MOB complex in California’s wine country is getting a new lease on life thanks to its recent acquisition by White Plains, N.Y.-based Seavest Inc. Seavest’s third healthcare real estate fund, Seavest Properties III, acquired the two-building, 65,000 square foot property at 1100 Trancas St. in Napa for $11.2 million, […]
Editor’s Letter: REITs certainly rule
HREI™ EDITORIAL BOARD PREDICTED AS MUCH By John B. Mugford (Editor) Dear Reader: A couple of years ago, as the country was mired in recession and the commercial real estate market was in the tank, the members of the Editorial Advisory Board of our publication, Healthcare Real Estate Insights™, gathered for our annual meeting to […]
Industry Pulse: April 2011
NATIONWIDE – Traditionally, healthcare real estate investors seem to have fallen into two categories: Those interested in seniors housing facilities, which includes a host of different product types, and those interested in medical office buildings (MOBs), which also, over the years, have come to include a variety of types. There are so many exceptions to […]
Editor’s Letter: I’ll be out of the office…
HCRE CONFERENCE SEASON IS IN FULL SWING By John B. Mugford (Editor) Dear Reader: For folks involved in healthcare real estate, ‘tis the season. No, not that season. The season I’m talking about is the season of conferences and seminars concerning medical office buildings (MOBs) and other healthcare properties. Consequently, we at Healthcare Real Estate […]
Industry Pulse: March 2011
HOUSTON – As various aspects of healthcare reform are implemented in coming years, healthcare industry observers say we should be prepared for more and more merger and acquisition (M&A) activity among hospitals and health systems. On the surface, it looks as if this trend is coming to fruition in Houston, where Franklin, Tenn.-based IASIS Healthcare, […]
Industry Pulse: February 2011
CHICAGO – The consolidation trend among companies involved in healthcare real estate continues. In a deal that was announced just as this issue was going to press, Chicago-based Ventas Inc. (NYSE: VTR) entered an agreement to acquire Newport Beach, Calif.-based Nationwide Health Properties Inc. (NYSE: NHP). The two companies say the deal is valued at […]
Industry Pulse: January 2013
BEVERLY HILLS, Calif. – On Rodeo Drive in Beverly Hills, a shopper can find a pair of jeans – diamond studded, of course – for a cool $4,000. There’s no doubt things can get expensive in the posh, star-inhabited suburb of Los Angeles. That includes rentable medical office building (MOB) space and the MOBs themselves, […]
Industry Pulse: December 2010
TYLER, Texas – The Obama administration has endured plenty of backlash over the passage of healthcare reform, with numerous states filing lawsuits against the federal government in an effort to repeal the law. In addition,a whole slew of Republican congressional hopefuls ran on a platform of overturning the law. For the companies and professionals involved […]
Industry Pulse: November 2010
NEW YORK – Perhaps in yet another sign that the medical office building (MOB) sector remains a viable and safe real estate investment choice, another real estate investment trust (REIT) concentrating on healthcare facilities is in the process of going public. Atlanta-based Richmond Honan Medical Properties Inc. recently announced its intention to raise up to […]
