Cover Story: ‘This is what change looks like’
Like it or not, healthcare real estate changed dramatically in the past 10 years. Here are our picks for the top 10 stories. By Murray W. Wolf As part of our look back at our first 10 years of publishing Healthcare Real Estate Insights™, we knew we wanted to include an article naming the top […]
Cover Story: Healthcare Real Estate Timeline 2003-12
2003 January: Healthcare Real Estate Insights™ is launched, asserting that “the MOB boom is no fad.” March: Catholic Healthcare West reveals plans to sell 27 MOBs for about $150 million
News & Analysis: MOB’s PSF breaks record
IN SUBURBAN PHILLY, THAT IS; $388 PER SQUARE FOOT By John Mugford In many markets across the country, healthcare real estate remained a bright spot as commercial real estate slumped during the throes of the recession. Now, in Greater Philadelphia, a recent medical office building (MOB) sale has set the bar rather high when it […]
News & Analysis: Big buys for Duke Realty
FIRM INVESTS $434 MILLION IN TWO MOB PORTFOLIOS By John Mugford Heading into the fourth quarter (Q4), brokers involved in medical office sales predicted that transaction activity would likely be brisk in the months leading up to the end of 2012. That’s because, they said, a number of owners considering selling properties at some point […]
News & Analysis: Prez election a big one
BUT WILL RESULT AFFECT HEALTHCARE R.E. SECTOR? By John Mugford Does the outcome of the presidential election matter for healthcare real estate? “No, at least in terms of changing current healthcare trends.” For the most part and for the near-term, that’s the answer, at least according to more than a dozen politics-watching healthcare real estate […]
News & Analysis: HCP making $179M buy
REIT ACQUIRING 12 PROPERTIES FROM THE BOYER CO. By John Mugford For a while, Long Beach, Calif.-based HCP Inc. (NYSE: HCP) was not making many headlines when it came to acquiring medical office buildings (MOBs). The publicly traded real estate investment trust (REIT) has quite a diverse, $19 billion portfolio that spans 46 states and […]
News & Analysis: Busy times at G-A REIT
COMPANY HAS BOUGHT 14 BUILDINGS SINCE MAY By John Mugford It’s pretty obvious that Newport Beach, Calif.-based Griffin-American Healthcare REIT II Inc. has been finding plenty of what it’s been looking for in the healthcare real estate market so far in 2012. In fact, as of recent weeks, the real estate investment trust’s (REIT’s) year-to-date […]
News & Analysis: Sanders stays in the mix
BUYS MIXED-USE MED PLAZA IN CHARLESTON, S.C. By John Mugford There is little doubt that the future of healthcare delivery will include a new breed of off-campus, outpatient facility that will be home to a wide range of services, perhaps provided by just one or a few main tenants, such as a large group practice […]
Special Report: Adaptive reuse on a roll
PROVIDERS HAVE REPURPOSED MILLIONS OF SQ. FT. By Murray W. Wolf There has been a lot of talk in recent years about repurposing other types of real estate for medical use. With millions of square feet of office and retail space sitting vacant across the nation, much of it in high-traffic locations, the idea of […]
News & Analysis: LaSalle makes a big buy
FIRM TAKES SAN DIEGO MEDICAL ASSETS FOR $147.5M By John Mugford Chicago-based LaSalle Investment Management recently closed on the acquisition of a total of 253,637 square feet of medical office space in two buildings in San Diego. The firm paid a total of $147.5 million, or almost $576 per square foot (PSF), for the assets. […]
News & Analysis: Centura MOB sale closes
SEAVEST, DENVER FIRM MAKE $41.25 MILLION BUY By John Mugford For a number of years, healthcare real estate professionals often used the term “classic monetization” to describe a transaction in which a hospital or health system sold a portfolio of medical office buildings (MOBs) in order to reinvest the proceeds back into its mission of […]
News & Analysis: Ventas now king of MOBs
REIT BUYS COGDELL SPENCER AND ITS 72 BUILDINGS By John Mugford For many firms involved in the medical office building (MOB) sector, building a portfolio of significant scale requires years of developing and acquiring facilities. Chicago-based Ventas Inc. (NYSE: VTR), however, has taken a different and certainly quicker route to becoming the largest owner of […]
Senior Living: Senior moment? Sector is heating up
INTEREST IS GROWING IN POST-ACUTE AND LONG-TERM CARE REAL ESTATE By Murray W. Wolf The potential opportunity in the senior living market has seemed tantalizingly obvious for many years. We all know about the “silver tsunami” – the 78 million aging baby boomers who, during the next two decades, will drive unprecedented demand for independent […]
News & Analysis: Flagler, Investcorp do JV
JOINT VENTURE BUYS ONE OF FIRST MEDICAL MALLS By John Mugford When it was built back in 1996, Bethesda Health City in Boynton Beach, Fla., was one of the first medical mall developments in the country. The concept for this “one-stop” healthcare facility, like those that have followed, is to provide patients with a convenient […]
News & Analysis: $100M for Hundred Oaks?
PIONEERING MEDICAL-RETAIL HYBRID UP FOR SALE By John Mugford For sale: the roughly 880,000 square foot One Hundreds Oaks Mall in Nashville, Tenn. Estimated asking price: $100 million-plus. Why is this news important to healthcare real estate professionals and investors? About half of the facility is occupied by Vanderbilt Health. Back in 2007, just as […]