Feature Story: Another MOB sales record: $25 billion in 2022

Feature Story: Another MOB sales record: $25 billion in 2022

Despite challenges, HRE fundamentals remain strong, Revista says By John B. Mugford Perhaps James A. Schmid III, chief investment officer and managing partner with Media, Pa.-based Anchor Health Properties, summed up how many successful healthcare real estate (HRE) investment and development firms are going about their business at a time when costs and interest rates […]

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that the fundamentals for the MOB sector have never been stronger, according to

Companies: Montecito is off to a fast start in 2023

In a Q&A, CEO Chip Conk talks about the investment firm’s thoughts on the market By John B. Mugford Despite a current slowdown in medical office building (MOB) sales – due in part to rising interest rates and subsequent increases in the cost of debt, as well as other factors – one of the sector’s […]

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News Release: 2022 HREI Insights Awards Finalists announced (UPDATED)

News Release: 2022 HREI Insights Awards Finalists announced (UPDATED)

10th annual awards recognize excellence in HRE development and executive leadership MINNEAPOLIS, Jan. 18, 2023 – HREI is pleased to announce the finalists of the 2022 HREI Insights Awards, the first and only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership. The awards are presented by Minnetonka-based HREI, the […]

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Transactions: Woodside, Heitman recapitalize a 423,000 s.f. portfolio

Transactions: Woodside, Heitman recapitalize a 423,000 s.f. portfolio

The estimated $140M deal seeds a programmatic partnership between the two firms By John B. Mugford Portfolio recapitalizations have been taking place at a rapid clip in the healthcare real estate (HRE) sector in recent years, including a record-setting 10-plus such deals in 2021. These recapitalizations are often the start, or the “seeding,” of new […]

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Feature Story: HRE developers see plenty of opportunities in 2023

Feature Story: HRE developers see plenty of opportunities in 2023

Headwinds are likely to slow activity, but the need for projects will remain strong By John B. Mugford With so many economic headwinds facing almost all business sectors, even the recession-resistant healthcare real estate (HRE) sector, why is a group of development professionals involved in the HRE space remaining so optimistic? Both medical office building […]

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Feature Story: The top 10 healthcare real estate stories of 2022

A look at some big deals and JVs; slowing MOB sales; health system struggles By John B. Mugford As we entered 2022 and it looked as if the COVID-19 pandemic was finally in the rearview mirror, most of professionals involved healthcare real estate (HRE) were confident that good things were on the horizon for the […]

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Feature Story: Outpatient is the place to be as demand rises

Feature Story: Outpatient is the place to be as demand rises

MOBs remain a haven for investors, Cushman webinar panelists say By John B. Mugford The COVID-19 pandemic brought about many changes in how people go about their lives and conduct business. One well-known trend that was already underway long before the pandemic is the rising proportion of patient care delivered in outpatient facilities. That change […]

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Feature Story: Expert advice – Be patient and proactive

GlobeSt panel remains upbeat about the prospects for LSRE By Murray W. Wolf As we all know, we’re in a period of economic uncertainty that is resulting in a slowdown of life sciences real estate (LSRE) transactions, financing, development and leasing activity. So what’s a LSRE professional to do? A panel of industry experts that […]

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Feature Story: The economy is taking its toll on HRE, for now

Economist John Chang, GlobeSt panelists still tout the sector over the long haul By John B. Mugford “It’s been a hell of a year, right?” In making this statement, John Chang, senior VP and national director of research and advisory services with Calabasas, Calif.-based Marcus & Millichap Inc. (NYSE: MMI), was not only saying that […]

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Feature Story: Behavioral health takes center stage

Demand is strong for services and facilities, but roadblocks are holding up development, according to panel at InterFace Healthcare conference By John B. Mugford NASHVILLE, Tenn. – As the country has dealt with the COVID-19 pandemic in recent years, behavioral health has become a national concern as more and more people struggle with a variety […]

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Feature Story: Lending lull in the HRE sector

Feature Story: Lending lull in the HRE sector

HREI editorial board members discuss the current difficulties associated with debt By John B. Mugford Spooked by economic uncertainty, most major publicly traded healthcare real estate (HRE) lenders have “put their pencils down” for the rest of 2022, making it difficult for developers and investors to obtain debt. So 2023 development and sales volume will […]

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News Release: Montecito Medical Acquires Medical Office Building in Dallas

News Release: Montecito Medical Acquires Medical Office Building in Dallas

Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a medical office property in the Dallas suburb of Plano, TX. The 31,247 square-foot building tenanted by five medical providers and anchored by Dallas Neurological and Spine. “We are delighted to acquire yet another high-quality medical office asset in the DFW […]

News Release:  Rethink Healthcare Real Estate expands portfolio of emergency hospitals in Dallas-Fort Worth metroplex

News Release: Rethink Healthcare Real Estate expands portfolio of emergency hospitals in Dallas-Fort Worth metroplex

The 36,101 square foot acquisition is Rethink/Heitman venture’s seventh investment. DALLAS-FORT WORTH, TX., and WHITE PLAINS, NY., February 1, 2023 – Rethink Healthcare Real Estate (“Rethink”), the White Plains and New York City based investment management firm (fka Seavest Healthcare Properties), has announced its recent acquisition of the real estate leased to an emergency hospital. […]

News Release: Matthews™ Closes $10M Sale of Tampa Reproductive Healthcare Facility

Sale Represents One of the Highest Price Per SF Acquisitions in Market Tampa, FL — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the sale of The Reproductive Medicine Group, a fertility clinic located at 5249 East Fletcher Ave, Tampa, FL. The property sold for more than $600 […]

News Release: Matthews™ Healthcare Division Closes SignatureCare Emergency Center Sale

Agents Generated 10+ Offers for Houston Healthcare Facility Houston, TX — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, represented the seller in the disposition of a SignatureCare Emergency Center located at 5835 Highway 6 North, Houston, TX. The transaction was handled by Associate Josh Cordray, along with First […]

News Release: Healthcare Realty Announces January Asset Sales to Complete Funding of Merger-Related Special Dividend

NASHVILLE, Tenn., Jan. 31, 2023 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced the completion of $112.5 million of asset sales in January for net proceeds of $102.8 million after accounting for HR’s joint venture interest. Since July 2022, the company has generated net proceeds of $1.13 billion from asset sales and joint […]

News Release: Alexandria Real Estate Equities, Inc. Reports: 4Q22 and 2022 Net Income per Share – Diluted of $0.31 and $3.18, respectively; and 4Q22 and 2022 FFO per Share – Diluted, As Adjusted, of $2.14 and $8.42, respectively

PASADENA, Calif., Jan. 30, 2023 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the fourth quarter and year ended December 31, 2022. Key highlights Operating results 4Q22 4Q21 2022 2021 Total revenues: In millions $  670.3 $     576.9 $  2,589.0 $  2,114.2 Growth 16.2 % 22.5 % Net income attributable […]

News Release: Montecito Acquires Two Orthopedic Medical Office Properties in Cincinnati

News Release: Montecito Acquires Two Orthopedic Medical Office Properties in Cincinnati

Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two orthopedic medical office buildings in the Cincinnati area. The buildings, which have a combined total of more than 130,000 square feet, are fully leased to Beacon Orthopedics, the Cincinnati area’s dominant orthopedic practice. Each of the properties […]

News Release: Wolf Capital Partners buys medical office building in the Heights

News Release: Wolf Capital Partners buys medical office building in the Heights

A 120,000-square-foot medical office building in the Heights has traded hands. Houston-based Wolf Capital Partners paid an undisclosed amount to acquire Heights Medical Tower at 427 W. 20th St. Harris County Appraisal District records said the building was valued at $786,000 as of Jan. 1, 2021. Wolf Capital Partners said it plans to rebrand the […]

News Release: DELL CHILDREN’S NORTH

News Release: DELL CHILDREN’S NORTH

Dell Children’s has a bold vision to enable children and families to remain close to home for care, no matter the diagnosis. As the Central Texas community continues to grow, existing space at Dell Children’s is over capacity. In addition to growth and expansion at the main Dell Children’s campus, Dell Children’s Medical Center has […]

News Release: First-Class Investment Property for Sale / Embree Group

News Release: First-Class Investment Property for Sale / Embree Group

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News Release: Crescent Communities Announces Life Science Brand, THE YIELD, Celebrates Key Milestones at North Carolina Project

January 24, 2023 11:23 ET | Source: Crescent Communities THE YIELD leverages expertise and resources to shape innovation in the growing industry CHARLOTTE, N.C., Jan. 24, 2023 (GLOBE NEWSWIRE) — Crescent Communities, a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use communities, today announces the launch of its life science brand, THE […]

News Release: Dwight Capital & Dwight Mortgage Trust Close Over $191MM in Seniors & Healthcare Financing During Q4 2022

NEW YORK–(BUSINESS WIRE)–Dwight Capital and its affiliate REIT, Dwight Mortgage Trust, financed over $191MM in seniors and healthcare financing during Q4 2022. Featured among the transactions are bridge loans for a Skilled Nursing Facility (“SNF”) Portfolio in Florida and a SNF Portfolio in Georgia. Dwight closed a $39MM bridge loan to facilitate the acquisition of […]

News Release: Beam Signing Celebrates New Medical Office Building on the Campus of Riverside Doctors’ Hospital Williamsburg

News Release: Beam Signing Celebrates New Medical Office Building on the Campus of Riverside Doctors’ Hospital Williamsburg

Today, Riverside Doctors’ Hospital Williamsburg (RDHW) held a celebratory beam signing ceremony to mark a milestone in the construction progress for the Medical Office Building (MOB) scheduled to open in Spring 2024. Guests were provided the opportunity to sign the 33’-0” long structural beam which was placed on the northeast corner of the building. “We […]

News Release: Keystone Unlocks Additional Life Sciences Space at The Curtis to Meet Growing Demand

CONSHOHOCKEN, Pa.–(BUSINESS WIRE)—Keystone announced it will convert an additional 200,000 square feet of The Curtisfor life sciences and biotech to provide the mission-critical infrastructure needed to meet the surging demand for lab space in Philadelphia’s Center City. The reconfiguration will give The Curtis more than 325,000 square feet of laboratory space in the 12-floor, 912,245-square-foot […]

News Release: Done Deal: Blueprint Shops Local

News Release: Done Deal: Blueprint Shops Local

Blueprint assists publicly traded REIT in divesting a non-strategic Seniors Housing community in the Tampa, Florida MSA The asset is located in the densely populated and growing St. Petersburg submarket and offered 57 units of both Assisted Living and Memory Care … Originally constructed in the 1960s, the community was positioned as one of the […]