• .
    .

Current Edition

xx

Feature Story: Provider puzzle: To own or not to own MOBs?

BOMA MOB conference panel ponders the inflation-driven impact of rising construction costs and rents By John B. Mugford The percentage of medical office buildings (MOBs) developed and owned by third parties has increased steadily in recent years. But will rising rents prompt hospitals and health systems to reverse that trend? That was the crux of […]

News Release: Physicians Realty Trust Reports First Quarter 2022 Financial Results

News Release: Physicians Realty Trust Reports First Quarter 2022 Financial Results

Announces $0.06 Net Income per Share and $0.27 Normalized FFO per Share for the First Quarter of 2022 First Quarter Highlights: Reported first quarter 2022 total revenue of $130.4 million, an increase of 15.0% over the prior year period. Generated first quarter net income per share of $0.06 on a fully diluted basis. Generated first […]

xxx

Feature Story: MOB sales are on a record pace

2021 medical office sales volume was the highest ever, and Q1 data suggests we could be on a pace for the sector’s first $20 billon year By John B. Mugford Prior to 2021, the high-water mark for medical office building (MOB) sales in any given year took place in 2017, when the volume was $15.5 […]

News Release: Newmark Facilitates Sale of High Volume Surgery Partners Outpatient Surgery Center in Wichita, Kansas

News Release: Newmark Facilitates Sale of High Volume Surgery Partners Outpatient Surgery Center in Wichita, Kansas

FOR IMMEDIATE RELEASE Wichita, KS (April 27, 2022) — Newmark announces it has completed the $15.3 million sale of Cypress Surgery Center, a 33,620-square-foot outpatient surgery center located within the Cypress Medical Park in Wichita, Kansas. Newmark Executive Managing Director Ben Appel, in cooperation with Vice Chairman Bert Sanders, represented both the seller, DeSanto Realty […]

News Release: Welltower and StoryPoint Senior Living Announce Deepening of Strategic Partnership

News Release: Welltower and StoryPoint Senior Living Announce Deepening of Strategic Partnership

NEWS PROVIDED BY Welltower Inc. Mar 06, 2022, 17:00 ET TOLEDO, Ohio, March 6, 2022 /PRNewswire/ — Welltower Inc. (NYSE: WELL) or the “Company” today announced that it plans to expand its strategic partnership with StoryPoint Senior Living (“StoryPoint”), a preeminent senior living operator based in Brighton, Michigan. The Company has agreed to purchase three […]

News Release: Montecito Medical Acquires Orthopedics Building in Northern California

News Release: Montecito Medical Acquires Orthopedics Building in Northern California

Redding property is home to regionally dominant orthopedic group FOR IMMEDIATE RELEASE March 4, 2022 Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in Redding, California, that is home to the Shasta Orthopaedics. The property, which offers approximately 41,200 rentable square feet […]

News Release: IRA Capital Announces New Hires and Record Growth Expectations for 2022

News Release: IRA Capital Announces New Hires and Record Growth Expectations for 2022

March 3rd, 2022, Southern California private equity firm IRA Capital (“IRA” or the “Company”) exceeded its projected growth plans in 2021 and is expected to further increase its investment activity in 2022. IRA sold one of the largest healthcare real estate portfolios for $620 Million to Nuveen Real Estate last August and acquired approximately $1 […]

News Release: Physician Real Estate Capital Advisors Announces $6.2 Million Sale of Medical Office Building In Kenosha, Wisconsin

News Release: Physician Real Estate Capital Advisors Announces $6.2 Million Sale of Medical Office Building In Kenosha, Wisconsin

Investor Acquires Two Tenant Medical Office Building (March 3, 2022) KENOSHA/CHICAGO — Physician Real Estate Capital Advisors (“PRECAP”) announces the $6.2 million closing of the Advocate Aurora Health Medical Building located at 1020 35th Street in Kenosha, Wisconsin. PRECAP Managing Principal Scott Niedergang and Nathan Glaisner of Verde Investments, LLC represented both the seller, a […]

xxx

News Release: RUSH to Open Outpatient Center in Munster (Ind.)

Center will bring nationally ranked specialties to Northwest Indiana Rush University System for Health (RUSH), a national leader in patient care, education, research and community partnerships, announced today it is expanding access to its services and experts for those living in Northwest Indiana. RUSH will open an outpatient center in Munster, Indiana, about 30 miles […]

News Release: Realty Trust Group Continues Expansion with Office Opening in Texas

News Release: Realty Trust Group Continues Expansion with Office Opening in Texas

(Texas – March 2022) Healthcare real estate advisory and services firm Realty Trust Group (RTG) announced continued expansion with the opening of an office in Houston, Texas. This expansion will strengthen the company’s relationships with hospitals, physician groups, and property owners across the state establishing a regional hub for the southwestern United States. “Our expansion […]

News Release: Class A medical office portfolio sells in Kansas City

News Release: Class A medical office portfolio sells in Kansas City

JLL Capital Markets facilitated the sale of the fully leased, 3-property portfolio KANSAS CITY, Mo. – Feb. 28, 2022 – JLL Capital Markets announced that it has closed the sale of a newly built, three-property medical office portfolio totaling 50,469 square feet in the Kansas City metro area. JLL marketed the properties on behalf of […]

Thought Leaders:  2021 Medical Office Property Sales at Unprecedented Level

Thought Leaders: 2021 Medical Office Property Sales at Unprecedented Level

Medical office sales volume totaled $19.6 billion in 2021 — demonstrative evidence of the acceleration in investor appetite during the global pandemic for this stable, income-producing real estate investment class. JLL Healthcare Capital Markets February 2022 JLL Research reports medical office sales totaled nearly $20 billion in 2021, reaching an all-time high. Total Medical Office […]

News Release: Diversified Healthcare Trust Announces $703 Million Joint Venture for 10 Properties in Its Office Portfolio Segment

News Release: Diversified Healthcare Trust Announces $703 Million Joint Venture for 10 Properties in Its Office Portfolio Segment

DHC to Receive Cash Proceeds of Approximately $653 Million and Retain a 20% Equity Interest in the Joint Venture Selling 80% Joint Venture Equity Interest at a 4.98% Capitalization Rate and Expected Gain on Sale of Approximately $320 Million January 31, 2022 07:00 AM Eastern Standard Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today […]

News Release: Seavest and Nuveen partner in $1 Billion medical office transaction

News Release: Seavest and Nuveen partner in $1 Billion medical office transaction

Seavest Healthcare Properties and Nuveen Real Estate concluded the transaction in December 2021, which included a recapitalization of a portion of Seavest’s medical office portfolio NEW YORK, N.Y. and WHITE PLAINS, N.Y., Jan. 26, 2022 – Seavest Healthcare Properties, LLC, the New York City and White Plains based healthcare real estate investment management firm, a division […]

News Release: Retail/Medical Property in North Denver Sells for $10.25 Million

News Release: Retail/Medical Property in North Denver Sells for $10.25 Million

For Immediate Release Cushman & Wakefield Advises Sale of Wilmore Center Retail/Medical Property in North Denver for $10.25 Million Wheat Ridge, Colorado asset received many offers DENVER, Colo, – December 22, 2021 – Cushman & Wakefield has brokered the sale of Wilmore Center, a 52,743-square-foot mixed-use retail and medical property located at 7615 & 7777 […]