Thought Leaders: CBRE Q2 2024 National MOB Real Estate Investor Update
Q2 2024 National MOB Real Estate Investor Update MOB Cap Rates Fall for First Time in Two Years Key Takeaways from the Q2 2024 Report: • Medical outpatient building (MOB) investment volume rose by 60% quarter-over-quarter in Q2 to $2.5 billion, bringing the trailing-four-quarter total to $7.7 billion. • MOB sale prices averaged $291 per […]
Thought Leaders: New Healthcare Capital Markets Update Available | Vital Signs MOB Report
Cushman & Wakefield VITAL SIGNS: HEALTHCARE CAPITAL MARKETS UPDATE Transaction volumes and pricing remain muted as a result of elevated interest rates and economic uncertainty READ THE FULL REPORT The sharp uptick in volume and pricing for medical outpatient buildings (MOBs) between 2020 and early 2022 has given way to more subdued activity as the […]
News Release: Clark, SmithGroup and HKS Celebrate Groundbreaking of the New El Paso VA Health Care Center
EL PASO, Texas – On August 28, 2024 the design-build team of Clark Construction Group and the SmithGroup + HKS Joint Venture celebrated the groundbreaking of the new El Paso VA Health Care Center in Fort Bliss, Texas. The design-build team joined the U.S. Department of Veterans Affairs (VA) and the U.S. Army Corps of Engineers (USACE), Fort Worth […]
News Release: Governor Abbott Celebrates Groundbreaking Of New Terrell State Hospital
Governor Greg Abbott today announced that the Texas Health and Human Services Commission (HHSC) is beginning construction of a new Terrell State Hospital building that will provide inpatient psychiatric care to North Texans. HHSC held a groundbreaking ceremony this morning to celebrate the start of construction of the 415,000-square-foot replacement hospital. Governor Abbott and the […]
News Release: Methodist and Acadia Healthcare Break Ground on Behavioral Health Hospital in Council Bluffs
August 27, 2024 02:39 PM Eastern Daylight Time COUNCIL BLUFFS, Iowa–(BUSINESS WIRE)–Methodist Jennie Edmundson Hospital and Acadia Healthcare Company held a groundbreaking ceremony today for a state-of-the-art behavioral health hospital serving western Iowa and eastern Nebraska residents. The event occurred on the site of the future hospital at 3620 S. 24th St. in Council Bluffs, […]
Companies & People: Capital One sees first-half increase
Erik Tellefson now heads all HRE lending; Jonathan Buehner leads medical By John B. Mugford The Medical Properties team with Capital One Healthcare recently released its Mid-Year Letter detailing its performance and lending volume during the first half of 2024. And, according to the unit of parent organization Capital One Financial Corp. (NYSE COF), business […]
News Release: Blanca Commercial Real Estate Promotes Christie Grays Chambers to Lead Growing Healthcare Practice
Chambers Expands Blanca CRE’s Healthcare Leasing Portfolio to 1.6 Million Square Feet Across Miami-Dade and Broward Counties MIAMI (August 27, 2024) – Blanca Commercial Real Estate is proud to announce the promotion of Christie Grays Chambers to Vice President, Lead of Healthcare Practice and Lead of Culture and Inclusion. With over 25 years of experience […]
Companies & People: A ‘kind, smart, gentle soul’
Accolades pour in for respected ‘deal maker’ Jim Barnes, who died Aug. 7 By John B. Mugford It is with great sadness that HREI must report the recent death of a longtime, well-known and highly respected lender in the healthcare real estate (HRE) space, James A. “Jim” Barnes. An Atlanta resident, Mr. Barnes, who had […]
News Release: Houston Methodist West Hospital Announces $247 Million Expansion Project
Houston, TX – August 27, 2024 Houston Methodist West Hospital is proud to announce a $247 million expansion project, scheduled to commence this fall with anticipated completion by 2027. This project, including the $185 million for hospital expansion and $62 million for community expansion, emphasizes Houston Methodist’s commitment to meeting the growing health care needs […]
News Release: Intermountain Health, in Partnership with NexCore Group, Opens New Medical Outpatient Building in Metro Denver
East Crossroads MOB will serve as a healthcare hub for the rapidly growing north Aurora region. DENVER, August 27, 2024 – Intermountain Health (“IMH”), a leading healthcare provider in the Western United States, has partnered with Denver-based NexCore Group, a national leader in healthcare real estate development, to open a new Medical Outpatient Building (“MOB”) in […]
News Release: The Sanders Trust Breaks Ground on $31 Million Rehabilitation Hospital
FOR IMMEDIATE RELEASE Groundbreaking for 45,000- sq. ft. Facility in Lake City, Florida Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the recent groundbreaking for a new $31 million inpatient rehabilitation facility, ClearSky Rehabilitation Hospital of Lake City, in Lake City, […]
News Release: Healing Realty Trust Appoints Valerie Cook as Director of Real Estate and Acquisitions
Jupiter, Florida–(Newsfile Corp. – August 27, 2024) – Healing Realty Trust (“HRT” or the “Company”), a data-driven, self-managed real estate investment company with a portfolio centered on purchasing healthcare-related real estate assets dedicated to serving the mental, behavioral, and physical health sectors, as well as in the advancement of innovative and emerging psychedelic therapies, announced […]
News Release: Echo Real Estate Capital, Inc. Acquires Two Indiana Properties for Autism Therapy Redevelopments
FOR IMMEDIATE RELEASE Chicago, IL (August 2024) – Echo Real Estate Capital, Inc. (“Echo”) announces it has separately acquired two vacant properties for redevelopment into single-tenant autism therapy clinics. The properties are 100% leased to UNIFI Autism Care – a leading provider of autism therapy services who seek to enhance the quality of life for […]
News Release: Healthcare Realty Trust Expands KKR Joint Venture
KKR JV approaching $500 million in value with new asset contributions August 26, 2024 16:15 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., Aug. 26, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced it has contributed $118 million of additional properties to its joint venture with KKR, generating approximately $94 million […]
News Release: Stage Equity Adds Cody Weiss as Director; Firm Prepares for New Acquisition Opportunities as Market Dynamics Shift
Press Release SKOKIE, IL (August 26, 2024)—Stage Equity Partners, a real estate investment and management firm specializing in medical office and healthcare related properties, has announced the appointment of Cody Weiss, Director. The appointment was made by Brian Howard, the firm’s founder and principal. At Stage, Weiss is responsible for guiding new acquisitions, developments, refinances […]