Outpatient Projects: An MOB project that was worth the risk
Seavest did its homework and is now leasing its converted MOB in San Francisco SAN FRANCISCO – Embarking on any type of commercial real estate (CRE) project in San Francisco can be a difficult task fraught with risk, be it for a new ground-up development or the repurposing of an existing building to a new […]
Cover Story: ‘Just getting started’
NexCore Group transitions to its ‘next core’ of executive leadership By John B. Mugford As is the case with many successful companies, all of what NexCore Group LP has accomplished over the years, and continues to accomplish today, makes it somewhat difficult to remember when the company was just starting out and its new executives were […]
Cover Story: Great expectations
Healthcare real estate experts anticipate another good year in 2019, with caveats By John B. Mugford Continued political turmoil. More stock market volatility. A economic slowdown. All of these are possible for the year ahead. For most industries, including commercial real estate, such events could cause setbacks and difficult times for the people and companies […]
Feature Story: The case for investing in HRE remains strong
Panel at Revista conference discusses the pros and cons of the sector SAN DIEGO – As brick and mortar retail stores flounder and pricing for industrial and multi-family properties continues to soar, many investors in recent years have started to look to “niche” commercial real estate (CRE) sectors to round out their portfolios. One of […]
Feature Story: Steadiness of the MOB sector is the exciting news
Revista’s conference highlights strong sales volume, NOI growth, etc. SAN DIEGO – As a slide appeared on the big screens during a conference in San Diego last week hosted by healthcare real estate (HRE) research firm Revista, Mike Hargrave, a principal with the company, said, “I would imagine this is why we’re all here.” The […]
Feature Story: When is the downturn coming?
At Revista conference, well-known economist looks at the future SAN DIEGO – We’d all love to know whether the U.S. economy is headed for a recession later in 2019, or perhaps in 2020. We’d also like to know exactly when such a downturn will happen, how long it will last, how mild or drastic it […]
News Release: The Sanders Trust acquires addiction treatment center in Boston area
FOR IMMEDIATE RELEASE Birmingham, Ala. – The Sanders Trust, a Birmingham-based healthcare real estate and development firm, has announced the real estate acquisition of Serenity at Summit New England. The medically supervised drug detox and alcohol addiction treatment center is a 41-bed facility consisting of 25,455 square feet. Serenity at Summit New England provides the […]
Outpatient Projects: Developer taps virtual health startup for Phoenix-area project
National Healthcare Realty teams with Akos MD for 136,000 s.f. campus in Avondale, Ariz. AVONDALE, Ariz. — There is a lot of talk in the healthcare industry these days about virtual health and other disruptors of the status quo. Now one of those would-be disruptors, Phoenix-based telehealth startup Akos MD, is adding a more traditional […]
HREI Insights Awards: Mike Noto wins Lifetime Achievement Award
Mike Noto A chance meeting with an HRE pioneer led to a long and successful career By John B. Mugford Since longtime healthcare real estate (HRE) executive Michael A. “Mike” Noto began sporting a full beard a few years ago, he has gotten a lot of good-natured ribbing from colleagues who have noted his […]
Jan/Feb 2019 PDF
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News Release: UAB’s Gardendale freestanding emergency department and medical building set to open
by Bob Shepard UAB Medicine’s freestanding emergency department and medical office building in Gardendale will open Jan. 15. The twin buildings, on a 6.2-acre site in the Gardendale city center, will provide additional access to UAB medical professionals for residents of North Jefferson County, and provide the only emergency medical services on the I-65 corridor between […]
Companies & People: MedProperties Realty Advisors adds three professionals to its team.
DALLAS — MedProperties Realty Advisors LLC recently announced the addition of three professionals to its team. Robin Ziegler – Robin Ziegler has joined MedProperties Realty Advisors as Senior Director of Finance. In that role, she has direct and oversight responsibilities for all accounting and finance activities of MedProperties’ related discretionary investment funds and stand-alone investment […]
Transactions: Anchor, Carlyle buy a large MOB in Greenville, S.C.
The deal could also involve a second MOB, for a total investment topping $50M GREENVILLE, S.C. – In a joint venture (JV) partnership, Wilmington, Del.-based Anchor Health Properties (Anchor) and its frequent co-investor, Washington, D.C.-based The Carlyle Group, recently acquired an 80,000 square foot MOB in the rapidly growing Greenville market. The Anchor/Carlyle JV acquired […]
December 2018 PDF
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Industry Pulse: Healthcare real estate demand like to remain strong in 2019
Experts still upbeat about HRE despite stock volatility and recession talk SCOTTSDALE, Ariz. – As the domestic and global stock markets continue to show plenty of volatility, with an economic slowdown potentially on the horizon, investors continue to look for safe places to put their money. One such place is healthcare real estate (HRE), particularly […]