Cover Story: DOC-PEAK merger combines the ‘best’ REIT balance sheets
Top officers Scott Brinker and John Thomas say the deal offers ‘great upside’ By John B. Mugford and Murray W. Wolf The March 1 closing of the merger between Denver-based Healthpeak Properties Inc. and Milwaukee-based Physicians Realty Trust created a healthcare and life sciences real estate investment trust (REIT) valued at nearly $21 billion. Behind […]
Cover Story: Good tidings from the Fed
HREI board members are encouraged by the potential for rate cuts in 2024 By John B. Mugford With just one announcement, the outlook for the healthcare real estate (HRE) sector – and much of the business world – has changed drastically. That announcement, of course, came last Wednesday, Dec. 13, when U.S. Federal Reserve Chair […]
Cover Story: Helping those who help the patients
Realty Trust Group focuses on providing independent, strategic HRE advice By John B. Mugford An interesting thing to note about Realty Trust Group (RTG), the longtime healthcare real estate (HRE) firm based out of Knoxville, Tenn., is that “trust” is right in its name, which, of course, was by design. “We do have ‘trust’ in […]
Cover Story: Thomas Park is ready to keep investing
In a Q&A, Alex Kopicki, chief investment officer, discusses the firm’s growth, prospects By John B. Mugford Annapolis-based Thomas Park Investments (TPI) grabbed a headline recently, as the 2-1/2-year-old investment firm focused on healthcare real estate (HRE) facilities acquired a complex of two medical office buildings (MOBs) with a combined 124,213 square feet in Southboro, […]
Cover Story: ‘Side business’ grows up
Pinecroft Realty restructures as its HRE business expands By John B. Mugford For starting out as a side business of an energy trader back in 2003, The Woodlands, Texas-based Pinecroft Realty has done rather nicely in the healthcare real estate (HRE) sector. The full-service commercial real estate firm, which focuses on HRE development, also acquires, […]
Cover Story: Not your grandfather’s Erdman
The nearly 70-year-old HRE firm keeps evolving to meet changing client needs By John B. Mugford One firm, 6,000 projects! Let that figure sink in for a minute. That’s the number of healthcare facility projects that Madison, Wis.-based Erdman has delivered in its nearly 70-year history as a designer, builder and, in more recent decades, […]
Cover Story: Crafting its place in the HRE market
MedCraft Investment Partners has been laying low during a difficult year in the MOB space, but after bolstering the firm it is ready to invest up to $800 million during the next three years By John B. Mugford Although MedCraft and its predecessor company have been active in the healthcare real estate (HRE) market for […]
Cover Story: Carving out its place in the market
MedCraft Investment Partners has been laying low during a difficult year in the MOB space, but after bolstering the firm, it is ready to invest up to $800 million during the next three years By John B. Mugford Although MedCraft and its predecessor company have been active in the healthcare real estate (HRE) market for […]
Cover Story: Rethink: Investing with an impact
The rebranded Seavest seeks to make a difference in healthcare and beyond By John B. Mugford When White Plains, N.Y.-based Seavest Inc., as it was called at the time, started strategically investing in the development of medical office buildings (MOBs) in the mid- to late 1990s, it was well ahead of its time – an […]
Cover Story: Partnerships: Powering healthcare real estate to the next level
By Murray W. Wolf Partnerships are nothing new in commercial real estate. In fact, a partnership is probably the most common ownership model for most types of commercial property, including healthcare real estate (HRE). But what’s different about partnerships in today’s HRE space is their rapidly expanding size and scope, as well as who’s doing […]
Cover Story: Wentworth is ready to grow in the HRE sector
After a $56M purchase in early 2022, the firm has big plans to build its HRE portfolio By John B. Mugford Perhaps the first introduction that readers of HREI™ had with Phoenix-based Wentworth Healthcare Properties came in early 2022, when we reported that the firm had acquired a five-building, 182,388 square foot medical office building […]
Cover Story: How to build an MOB empire
Launched in April 2021, Crown MedRealty, led by HRE veterans Steve Bessenbacher and Brian Beggs, has far exceeded its investment predictions for its first year By John B. Mugford To say that Crown MedRealty Partners is off to a good start in the ultra-competitive medical office building (MOB) acquisitions arena would certainly seem to be […]
Cover Story: Anchor has its biggest year yet
2021 saw the firm make acquisitions totaling about $900M; development and property management platform are also continuing to grow By John B. Mugford In just its fifth full year of having an acquisitions platform, one of the healthcare real estate (HRE) sector’s long-standing firms, Anchor Health Properties, had, by far, its best year of making […]
Cover Story: Under the radar overachievers
Optimal Outcomes has quietly developed more than 100 healthcare facilities in the past 20 years By John B. Mugford Saying that Optimal Outcomes, a longtime, successful healthcare real estate (HRE) development firm with a strong track record, flies under the radar when compared to HRE firms with national platforms isn’t just an observation from an […]
Cover Story: The ‘larger-than-life’ lender
Led by the 6-foot-6 Erik Tellefson, one of the HRE sector’s best-known personalities, Capital One is by far the biggest lender in the MOB space By John B. Mugford The COVID-19 pandemic hit with a thump in early 2020, causing a bit of a pause in most business sectors, including healthcare real estate (HRE). Included […]