Editor’s Letter: Something for everyone
There are many ways to invest in the HRE sector Dear Reader: We are pleased to bring you this month’s cover story, “Non-traded healthcare REITs seek deals amid flood of capital.” We consider that article to be the complement and counterpoint to last month’s cover story on publicly traded healthcare real estate investment trusts (REITs), […]
Industry Pulse: Florida Providers Plan To Attempt “Coopetition”
Two rival Tampa, Fla., area systems plan to partner on a new outpatient center and more. We’ve been hearing a lot about hospital and health system mergers and acquisitions in recent years. But two rival systems in the Tampa, Fla., area are trying “coopetition,” joining forces to battle bigger competitors with a not-for-profit joint venture […]
Industry Pulse: REITs own less than 10%? Not so fast…
Public REITs might own closer to 13 percent, one reader says. In our December Publisher’s Letter, HREI™ Publisher Murray W. Wolf estimated that the publicly traded healthcare real estate investment trusts (REITs) probably own less than 10 percent of all healthcare real estate (HRE) based on their combined market capitalization of $92.9 billion (as of […]
Industry Pulse: Complex HRE Deal Closed In Boston’s South End
Healthcare and non-healthcare assets, plus a parking ramp and land are part of the deal In what some participants are calling one of the most complex healthcare real estate (HRE) deals in Boston’s history, Washington, D.C.-based Multi-Employer Property Trust (MEPT) recently teamed up with a joint venture (JV) partner, Boston-based Leggat McCall Properties, to acquire […]
Industry Pulse: G-A REIT II Completes Northstar Merger
$4 billion deal included 289 assets in 32 states and the U.K. American Healthcare Investors and Griffin Capital Corp., the co-sponsors of Griffin-American Healthcare REIT II, announced Dec. 3 that they had completed a previously announced merger between Griffin-American and NorthStar Realty Finance Corp. NorthStar acquired all of the outstanding shares of Griffin-American in […]
News Release: 2014 HREI Insights Awards™ Finalists Announced
Healthcare Real Estate Insights™ reveals the Finalists for the second annual national awards recognizing excellence in healthcare real estate. Winners will be named Dec. 16. MINNEAPOLIS, Nov. 25, 2014 – Healthcare Real Estate Insights™ magazine is pleased to announce the Finalists of the 2014 HREI Insights Awards™, the only national awards totally dedicated to recognizing […]
Industry Pulse: More Broker-Dealers Resume Sales of ARC REITS
Investment sales have resumed now that the firm’s healthcare REITs have been cleared. Sales of non-traded real estate investment trusts (REITs) sold under the sponsorship of New York-based American Realty Capital Properties Inc. (Nasdaq: ARCP) seem poised to recover now that most units of the company have been cleared of wrongdoing in an accounting scandal […]
Industry Pulse: Vince Cozzi Crosses Border For New Job
Former Ventas exec joins Toronto-based health REIT. Vincent M. Cozzi, who was in charge of medical office building (MOB) investing for Ventas Inc. (NYSE: VTR), recently left his post to become co-president and chief investment officer of Toronto-based NorthWest International Healthcare Properties REIT (TSXV: MOB.UN).
Editor’s Letter: Disruptive innovation
Is the healthcare industry facing ‘a Kodak moment?’ Dear Reader: In ancient times, when I was in graduate business school (1989-91, if you must know), I took an excellent class called “The Management of Innovation.” Among other things, we learned how certain products once held seemingly unassailable market positions, only to be eliminated almost overnight […]
Editor’s Letter: When will it all end?
Healthcare real estate is hot! Where is the horizon? Dear Reader: Spoiler alert: In our next few editions, we will be writing about how hot the healthcare real estate (HRE) market is. And with good reason. It seems a perfect storm has created this deluge of both sales and development activity: the economy, while still […]
Industry Pulse: NorthStar is acquiring more than real estate
NorthStar Realty’s deal with Griffin-American REIT II entails more than just its portfolio. In an interesting twist on NorthStar Realty Finance Corp.’s acquisition of Griffin-American Healthcare REIT II for an estimated $4 billion, NorthStar is also acquiring a 47 percent interest in one of the REIT’s sponsors, Irvine, Calif.-based American Healthcare Investors Inc. Damon Elder, […]
Industry Pulse: Ventas buys large MOB in Sacramento
Sutter Medical Plaza occupies repurposed Libby’s cannery Ventas Inc. (NYSE: VTR) recently paid $54 million for a large medical facility at 1625-1631 Stockton Blvd. in Sacramento, Calif. With 143,210 square feet of space, the building, Sutter Medical Plaza, sold for $377 per square foot (PSF). Real estate research firm Real Capital Analytics (RCA) Inc. reports […]
Don’t Miss Out! Orders are Now Being Accepted for Advertising and Listings in the 2015 HREI Resource Guide
Reach 7,500+ Hospital and Health System Real Estate Decision Makers with the 2015 HREI Resource Guide™ Since 2008, hospital and healthcare executives have turned to the HREI Resource Guide™ when they have needed healthcare real estate services. Don’t miss this once-a-year opportunity to keep your firm top of mind with these qualified prospects both in […]
Hurry! The deadline is Oct. 17 to enter the 2014 HREI Insights Awards!
The deadline to enter the 2014 HREI Insights Awards is Friday, Oct. 17! About the HREI Insights Awards™ The HREI Insights Awards™ were established by Healthcare Real Estate Insights™ magazine in 2013 to recognize excellence in healthcare real estate. The HREI Insights Awards are the only awards totally dedicated to the healthcare real estate sector. […]
Industry Pulse: Caddis Shortens Name, Acquires On-Campus MOB
Dallas-based Caddis Partners LLC has officially shortened its name to simply Caddis. “We’re not the same firm we were when we started in 2008,” says Caddis CEO Jason Signor. “We’ve grown considerably not only in terms of employees, but in geographic reach, assets under management and into new healthcare product types.”
