Industry Pulse: 2013 InterFace Healthcare Real Estate Dallas draws good turnout
We are just moments away from the start of the 2013 InterFace Healthcare Real Estate Dallas conference, and the conference organizers say we will have a very good turnout: about 230 registrants from the Dallas area and beyond. As always, Healthcare Real Estate Insights is a proud Media Sponsor of this excellent annual event. Things […]
Industry Pulse: Are you ready for some senior housing?
Senior housing is replacing the NFL at the former site of Baltimore’s Memorial Stadium Baltimore’s venerable Memorial Stadium, once home to the Baltimore Colts, Ravens and Orioles, among other pro sports teams, packed plenty of memories. But when the Colts moved to Indianapolis in 1984, support grew for the idea of replacing the antiquated stadium […]
Industry Pulse: This HRE developer was ‘Kona Inspired’
To meet Todd Varney is to meet a highly conditioned athlete. However, this was not always the case for the healthcare developer with NexCore Group.Fact is, Mr. Varney was diagnosed as obese in 2008. Though the news shocked him, it also inspired Mr. Varney to start exercising and competing in perhaps the most grueling of […]
Industry Pulse: On The Record
Is the universe of HRE investors expanding? “Yes, it’s all the same people plus it’s non-traded REITs for sure – five or six of them that are aggressively looking at senior housing, skilled nursing and medical office. There are pension funds, private equity and certainly, the public REITs, and even some operators. So it’s a […]
Publisher’s Letter: And the winner is…
…maybe you! Enter the new HREI INSIGHTS AWARDS Dear Reader: It’s about time. That pretty much sums up how I feel about the new HREI Insights Awards™. If you haven’t heard by now, Healthcare Real Estate Insights™ recently announced the creation of the HREI Insights Awards™, the only comprehensive national awards totally dedicated to recognizing […]
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 […]
Industry Pulse: Employing Physicians: Is it Really a Good Idea?
For healthcare real estate (HRE) firms, the long-term effect of employed docs is unclear. But, so far, most HRE professionals are not complaining about the trend, as filling buildings with employed physicians has a positive effect on the credit ratings of a building’s tenancy. But one well-known healthcare observer has a number of concerns for […]
Industry Pulse: On The Record
What MOB acquisitions opportunities are you seeing? “We continue to see plenty of opportunity to acquire individual properties, ranging from $20 million to $50 million at attractive cap rates of about 7 percent on average.” Todd J. Meredith EVP of Investments, Healthcare Realty Trust Will kind of cap rates are you seeing for […]
Industry Pulse: Healthcare Sector Leads Jobs Growth
A new report reminds us why HRE is a good business. In its recent “Healthcare Metro Monitor Supplement,” the Brookings Institution reports that the U.S. healthcare industry added 2.6 million jobs during the past decade. That was an increase of 22.7 percent, far exceeding the 2.1 percent growth rate in all other industries.
Editor’s Letter: The Obamacare effect
Even if support wanes, the HRE sector will benefit Dear Reader: Admit it. Those of you who disdain President Obama and all that he stands for politically prefer to use the term “Obamacare” when referring to the Patient Protection and Affordable Care Act (PPACA). The reference seems to encapsulate one’s negative feelings not only about […]
Industry Pulse: VA hospitals plagued by delays, cost overruns
The U.S. Department of Veterans Affairs (VA) is providing plenty of construction jobs and perhaps boosting local economies while building a number of new hospitals around the country. Four of the most visible projects, which have projected price tags in the hundreds of millions of dollars each, are in
Industry Pulse: Systems are moving on and need capital
Providers are powering past the indecision of Obamacare. At least that was the assessment of the executive team of Healthcare Realty Trust Inc. (NYSE: HR) on May 2, during the firm’s first quarter (Q1) earnings conference call.
Industry Pulse: Forecast uncertain for Sandy-battered hospital
The last hospital to remain closed as a result of the devastation caused by Hurricane Sandy in October 2012 remains, well, unopened. And according to the latest reports, it might never open as a hospital again.
Industry Pulse: Record MOB prices not here to stay
Recent interest rate changes give pause to some investors. Despite record-high medical office building (MOB) prices, recent interest rate fluctuations show that those prices won’t be around forever. That’s according to most recent Medical Office Investor Update report from CBRE.
Industry Pulse: On the Record
Does Health Care REIT plan to sell more medical office buildings? “We can always be proactively looking to prune our portfolio, but… I think the vast majority of the significant disposition listing has been completed.” Scott A. Estes CFO & EVP Health Care REIT Will MPT make additional MOB acquisitions this year? “Our active acquisitions […]
