Industry Pulse: NorthStar said to be near almost $1 billion MOB deal
Large foreign investor said to be interested in the firm’s massive medical office portfolio Healthcare real estate (HRE) sector sources say that a portfolio with nearly $1 billion worth of medical office buildings (MOBs) is for sale. The MOBs are being offered by New York-based NorthStar Realty Finance (NYSE: NRF), which is in the process […]
Industry Pulse: MOB deliveries on pace to rise by 37% this year
A ‘growing shortage” of MOBs has stimulated ‘a wave of development,’ according to CoStar Last month, in the article “Construction starts might decline this year,” we reported that the building research firm Dodge Data & Analytics, estimated that healthcare construction starts would decline by 4.5 percent in square footage and 2.9 percent in value this […]
Industry Pulse: Fewer hospitals? Not necessarily
Seven CON applications in the works in Orlando, Fla., area Nearly everyone involved in healthcare real estate (HRE) has heard that the country’s hospitals are living on borrowed time. It will only be a matter of time, we’re told, until hospitals will be caring for only the very sick while most ailments, illnesses and surgeries […]
Companies & People: 5 Questions for Mindy Berman
Managing director with JLL’s healthcare group talks about the firm, the market By John B. Mugford When a new investment banking group with a big name behind it entered the medial office building (MOB) sales sector in 2010, it was basically a one-person shop with an analyst for support. Fast forward six years later, and […]
Industry Pulse: Projects combining MOBs, senior housing
Plans for one medical-senior site also include a Chick-fil-A Anyone who follows or participates in the senior housing sector, the medical office building (MOB) sector – or both – has long known that older people are big users of the services offered in MOBs. Yet, for years upon years, the two classifications of healthcare real […]
Longfellow Cambridge case study
A strong example of a life science biotech acquisitions and loan transaction By Erik Tellefson In my previous article, I shared the ins and outs of financing life science and biotechnology properties – an important and growing component of the healthcare real estate asset class. These buildings are in some ways similar to medical office […]
Industry Pulse: Construction starts might decline this year
Dodge foresees an overall decline in square footage and value compared with last year U.S. healthcare construction starts will decline slightly this year, according to estimates from the construction data research firm Dodge Data & Analytics. But the numbers seem to confirm a perceived long-term trend of increased focus on outpatient care. Dodge estimates that […]
Editor’s Letter: Changes abound
Familiar executives moving to new companies Dear Reader, For quite a few years, it seemed like few personnel changes took place in the healthcare real estate (HRE) sector, especially the medical office building (MOB) market. And because the sector is rather small compared to other industries, it was usually big news when someone who was […]
Thought Leaders: HDR’s Inaugural Edition of Delta Focuses on Thriving Amid Rapid Change in Healthcare
HDR introduces the premiere edition of Delta, the first of a series of ongoing publications aimed at helping organizations not only embrace the rapid change that surrounds them, but thrive in it. This first 80-page volume explores one of the biggest challenges facing our healthcare clients today: how to respond to increasing unknowns in the […]
Thought Leaders: 3 Creative Ways to Boost Commercial Real Estate ROI
(July 13, 2016 – Houston) – Transwestern’s latest edition of “Insights” explores new commercial real estate trends that are gaining popularity among property owners, tenants and developers. The articles focus on the WELL Building Standard®, contemporary office building renovations and niche multifamily developments, demonstrating how each can boost tenant satisfaction and improve the bottom line. […]
Industry Pulse: On the Record – Nick Dawson
How can a health system predict future healthcare facilities needs?
Industry Pulse: HRE challenges are unique in California
Consolidation, rising demand, capital needs are all hot topics At recent healthcare real estate (HRE) conferences in San Francisco and Los Angeles, industry experts said that California is a complicated market – but a good one.
Publisher’s Letter: More M&As ahead
System consolidation unlikely to slow this year Dear Reader: Last year was another record-breaker for healthcare mergers and acquisitions (M&As). Of course, in the healthcare real estate (HRE) business, we are mostly interested in how those M&As affect real estate and facilities. They can be a negative if they result in a reduced demand for […]
Capital Markets: Parking is an important factor
It plays a key role in determining the value of and ability to finance an MOB By Erik Tellefson Parking is an important factor in determining the value of and ability to finance a medical office building (MOB). While a good location is essential, the lack of parking spaces can cause patients to use other […]