Special Report: Investors adding senior living to mix
ACUITY LEVELS ARE RISING – AND SO IS THE LEVEL OF INSTITUTIONAL INTEREST By Murray W. Wolf Seasoned senior living real estate investors acknowledge that the sector is “complicated,” “misunderstood” and fraught with the added risks associated with volatile government reimbursement policies. In addition, there are questions about the ability of some operators to deliver […]
Outpatient Projects: MOB going up at new Einstein campus
ALTER+CARE IS DEVELOPING 75,000 SQUARE FOOT FACILITY IN EAST NORRITON, PA. By John Mugford As an example of how consolidations and new alliances among health systems can provide opportunities for medical development firms, Chicago-based Alter+Care is in the midst of developing a 75,000 square foot medical office building (MOB) on a future hospital campus in […]
Transactions: Grubb REIT to buy eight more MOBs
SOON-TO-BE-RENAMED REIT AGREES TO PAY $112M FOR ABOUT 451,000 S.F. By John Mugford The fourth quarter (Q4) was supposed to bring plenty of good cheer and the closing of a number of large medical office building (MOB) transactions. Even though things remained relatively quiet on the Q4 sales front through the end of November, several […]
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 […]
Inpatient Projects: Columbia, S.C., to get a new hospital
PALMETTO HEALTH BREAKS GROUND ON 76-BED FACILITY ON NORTH SIDE OF CITY By Dan Emerson A ground breaking ceremony was held in late October for a future hospital to serve the growing, hospital-bed deprived area of northwest Columbia, S.C. Palmetto Health is investing nearly $100 million into the future Palmetto Baptist Parkridge Hospital, which is […]
Transactions: SNH makes final acquisition from CWH
BUT THE HEALTHCARE REIT IS STILL AN ACTIVE BUYER OF MEDICAL BUILDINGS By John Mugford A big pipeline that Newtown-based Senior Housing Properties Trust (NYSE: SNH) has used to make large, off-market healthcare portfolio acquisitions in recent years is finally empty. According to the real estate investment trust (REIT), the recent closing of one last, […]
Transactions: Details emerge on Scottsdale MOBs
HEALTH SYSTEM-OFFERED PORTFOLIO INCLUDES DEVELOPMENT OPPORTUNITIES. By John Mugford Acquiring medical office building (MOB) portfolios directly from health systems can have unique perks for buyers, as the assets often include hospital tenants and their solid credit ratings. Plus, the portfolios often are composed of a large share of on-campus facilities, which many investors favor over […]
Company Profile: Small firm, big presence
GOOD REPUTATION KEEPS HEALTHAMERICA HUMMING By John Mugford When Thomas W. “Tommy” Tift III was in Los Angeles for a healthcare real estate conference and some meetings earlier this year, he took an afternoon away from business to enjoy the nice weather and squeeze in a round of golf. But the getaway quickly turned into […]
Outpatient Projects: MOBs planned for heart of Woodlands
PISULA DEVELOPMENT CO. IS BUILDING 20,000 AND 50,000 SQUARE FOOT FACILITIES By John Mugford In an area that is emerging as a focal point of The Woodlands, Texas, two new medical office buildings (MOBs) are will soon be part of the commercial real estate lineup. One of the buildings, a 20,000 square foot facility, is […]
Transactions: Rising demand for one-off MOB deals?
TWO CALIFORNIA DEALS INDICATE THAT PRIVATE BUYERS ARE LOOKING TO MEDICAL By John Mugford Out in California, two recent medical office building (MOB) transactions probably won’t make headlines in many business or real estate publications, be they local or national. Even so, the deals are garnering coverage here in Healthcare Real Estate Insights™ because they […]
Transactions: Major portfolio to be sold
FIRST BIG HOSPITAL-DRIVEN MONETIZATION SINCE 2009 By John Mugford True hospital monetizations of medical office building (MOB) portfolios have been rare in recent years. At press time, however, Healthcare Real Estate Insights™ learned from at least a couple of industry sources who did not want to be named that Scottsdale Healthcare in Arizona was about […]
Special Report: Ventas looks to grow MOB platform
CEO DEBRA CAFARO TALKS ABOUT RECENT ACQUISITIONS, REIT’S FUTURE PLANS By John Mugford In early 2011, Chicago-based Ventas Inc. (NYSE: VTR) made quite a news splash when it entered an agreement to acquire another large, publicly traded healthcare real estate investment trust (REIT), Newport Beach, Calif.-based Nationwide Health Properties Inc. (NYSE: NHP). By summer, the […]
Inpatient Projects: Mercy reveals $950M Joplin makeover
PLAN WOULD REPLACE, EXPAND MED CENTER DESTROYED BY EXTREME TORNADO By John Mugford The ABC TV reality show “Extreme Makeover: Home Edition” is scheduled to rebuild “multiple homes” in tornado-ravaged Joplin, Mo., next month. An EF5 tornado – the fiercest category – which ripped through the southwestern Missouri community May 22, killed scores of people […]
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 […]
Special Report: Recent deals suggest sellers’ market
BOMA PANELISTS EXPLORE IMBALANCE OF REAL ESTATE SUPPLY AND DEMAND By Murray W. Wolf Anyone who has been involved in commercial real estate for more than five minutes knows there is probably no such thing as a “typical” deal. There are too many variables – geographic market, specific location within that market, age of the […]
