Transactions: UCLA Health acquires three MOBs in L.A. area
CBRE brokers reverse monetization on hospital campus in West Hills By John B. Mugford A significant medical outpatient building (MOB) portfolio deal took place in late December to close out 2024. According to information from Arnold, Md.-based Revista and its RevistaMed service, which compiles a wide range of healthcare real estate (HRE) sector data, Los […]
Full Story »
Feature Story: Optimism reigns for 2025
GlobeSt. panelists predict more activity and lending in the year ahead By John B. Mugford The transaction and development volumes for medical outpatient buildings (MOBs) might have slowed during the past couple of years as interest rates rose quickly, but there is optimism for those involved in healthcare real estate (HRE) as we head into […]
Full Story »
Feature Story: 2025: What’s in store for the economy and HRE?
Economist John Chang says this sector should remain strong By John B. Mugford For professionals involved in the healthcare real estate (HRE) sector, there are so many questions heading into 2025. A few of those questions, among others, include: How fast and how far will the U.S. Federal Reserve Bank continue to decrease its federal […]
Full Story »
Feature Story: Top 10 healthcare real estate stories of 2024
Despite a slow 2024 in terms of sales and development, HRE professionals remain optimistic By John B. Mugford The multi-year slowdown in medical outpatient building (MOB) sales and new development continued in 2024, prompting many healthcare real estate (HRE) professionals to declare numerous times throughout the past 12 months: “Survive ‘til 2025.” However, that rather […]
Full Story »
Feature Story: Navigating health system real estate strategies
Banner’s Troy Freeman discusses growth, insurance and the role of AI By John B. Mugford In recent years, especially since the onset of the COVID-19 pandemic, the healthcare industry has been comprised of the “haves,” or the growing, healthier health systems, and the “have nots,” or those that are struggling financially during an era of […]
Full Story »
News Release: 2024 HREI Insights Awards Finalists announced
PLEASE NOTE SCHEDULE CHANGE: THE AWARDS WILL BE PRESENTED WEDNESDAY, FEB. 5, 2025, RATHER THAN TUESDAY, FEB. 4, 2025. FOR IMMEDIATE RELEASE 12th annual awards recognize excellence in HRE development and executive leadership MINNEAPOLIS, Dec. 11, 2024 – HREI is pleased to announce the finalists of the 2024 HREI Insights Awards, the first and only national […]
Full Story »
Feature Story: Is HRE development down?
Not according to an expert panel that spoke at the GlobeSt. conference By John B. Mugford Although the data suggests that healthcare real estate (HRE) development activity slowed significantly during the past year or so, a recent discussion by five experienced developers told a different story. In fact, during a panel discussion at last week’s […]
Full Story »
Companies & People: Woodside Health stays active
MOB investment firm has partnered with Heitman and is excited about 2025 By John B. Mugford The past couple of years have certainly seen a significant slowdown in the sales volume of medical outpatient buildings (MOBs) nationwide. And yet, even though 2023 and 2024 have proven to be a difficult time to find deals for […]
Full Story »
Project Case Study: From sporting gear to care near here
Rendina converts a former Dick’s store near Philly into a hub for Inspira Health By John B. Mugford As a good many office buildings, retail centers and other spaces have been vacated in recent years, many property owners have contacted healthcare real estate (HRE) developers about the possibility of repurposing those facilities for medical use. […]
Full Story »
Cover Story: A Bronx tale – with an HRE twist
Simone Development has a healthcare real estate portfolio topping 3 million s.f. and growing By John B. Mugford In the Greater Tri-State area centered on New York City, Bronx, N.Y.-based Simone Development Companies has become quite well known for building and owning a wide array of property types. The company is also well-known for – […]
Full Story »
Feature Story: Q3 MOB sales remained slow: $2.1 billion
But Revista says cap rates declined slightly and project completions were up By John B. Mugford It’s the news we’ve all been waiting for, but it appears we’ll need to wait a bit longer. Despite anecdotal observations from numerous medical outpatient building (MOB) sales professionals suggesting that activity is picking up, the third quarter (Q3) […]
Full Story »
Companies & People: Q&A with Jordan Selbiger of Colliers
Veteran broker discusses his new leadership role and the HRE market By John B. Mugford As Colliers International Group Inc. (Nasdaq: CIGI) was creating a national healthcare real estate (HRE) capital markets practice to bolster its overall healthcare service offerings in 2023, it brought in a couple of veteran HRE brokers to lead the team. […]
Full Story »
News Release: Remedy Medical Properties and Kayne Anderson Real Estate Announce Completion of UCHealth Green Valley Ranch Medical Center
The 12,170-square-foot medical office building will serve one of Denver’s fastest growing neighborhoods DENVER and CHICAGO, January 14, 2025 – A partnership of Remedy Medical Properties and Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, announced completion of the UCHealth Green Valley Ranch Medical Center in the northeast Denver […]
News Release: Matt Mattox Joins Catalyst Healthcare Real Estate as Executive Vice President, Construction and Development
January 13, 2025 PENSACOLA, FLA. – Catalyst Healthcare Real Estate (Catalyst), a healthcare real estate development and investment firm, is in a significant state of growth and development. Catalyst is prioritizing innovative solutions to meet the demands of a competitive healthcare market. To support this expansion, Catalyst is committed to bringing in the right leaders […]
News Release: Hammes completes Surgery Center of Lee’s Summit in Kansas City suburb
FOR IMMEDIATE RELEASE MILWAUKEE, WI – January 8, 2025 – Hammes, a national real estate consulting, development, investment and management firm, recently completed Surgery Center of Lee’s Summit on the campus of Lee’s Summit Medical Center in Lee’s Summit, Missouri. Hammes developed the 18,800-square-foot surgery center on behalf of Surgery Ventures, powered by HCA Healthcare, […]
News Release: South Metro Dental Practice Expands North
NEWS RELEASE FOR IMMEDIATE RELEASE Minneapolis, MN | Thursday, January 9, 2025 With established practices in Savage and St Paul, Dental Associates, a Twin Cities-based dental practice has a new clinic is underway at 9400 Upland Lane N, near Maple Grove Covenant Church. With support from project partners MSP Commercial and Colliers Int’l Healthcare Services, […]
News Release: Cypress West and TPG Angelo Gordon Joint Venture Acquires Medical Center in Franklin, Tennessee
47,000-square-foot facility is Eighth Acquisition for Joint Venture Focused on Medical Office Assets in High-Growth Markets Rancho Santa Margarita, CA (January 9, 2024) – Cypress West Partners (Cypress West), a Southern California based healthcare real estate owner/operator, in joint venture with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, today […]
News Release: Three seniors housing communities in The Villages and Winter Park, Florida, sold
JLL Capital Markets led the sales efforts for Watercrest Buena Vista, Watercrest Spanish Springs and Watercrest Winter Park ORLANDO, Jan. 9, 2025 – JLL Capital Markets announced today that it has closed the portfolio sale of Watercrest Buena Vista, Watercrest Spanish Springs and Watercrest Winter Park, seniors housing communities totaling 416 units in The Villages and […]
News Release: First Citizens Bank Provides More Than $30 Million in Financing to Stockdale Capital Partners to Acquire Two Medical Outpatient Buildings
NEW YORK — Jan. 9, 2025 — First Citizens Bank today announced that its Healthcare Finance division has provided more than $30 million in financing to Stockdale Capital Partners for its acquisition of medical outpatient buildings in California and Texas. Headquartered in Los Angeles, Stockdale Capital Partners, is a leading private equity real estate investment firm […]
News Release: Atkins Companies Celebrates 75th Anniversary
Welcomes Drew Atkins and Jamie Atkins to senior leadership team West Orange, N.J. (January 9, 2025) – Atkins Companies, a leading multigenerational commercial real estate development, investment and property management firm, is proud to celebrate its 75th anniversary. Marking three generations of family leadership, the company also announces the addition of Andrew “Drew” Atkins and Jamie […]
News Release: $344.2M financing secured for Brookdale Senior Living Portfolio
JLL Capital Markets facilitates loan for 47-property independent- and assisted-living portfolio across 14 states DALLAS, Jan. 8, 2025 – JLL Capital Markets announced today that it has secured a $344.2 million agency lending for the Brookdale Senior Living Portfolio, comprising 47 senior living communities across 14 states. JLL represented the borrower, Brookdale Senior Living, to originate […]
News Release: AEI Capital Acquires Illinois Healthcare Property for $7.51 Million
The Chicago property is 100% leased and occupied by Advocate Health NEWS PROVIDED BY AEI CAPITAL CORPORATION January 8, 2025 Saint Paul, MN — AEI Capital Corporation completed the acquisition of a healthcare property located in Chicago, IL. Chicago ranks among the top five metropolitan statistical areas (MSAs) in the United States, with a population […]
News Release: Phoenix area medical building trades for $30 million
JLL Capital Markets led the sale for mission-critical Chandler Medical Pavilion, located in Chandler, Arizona PHOENIX, Jan. 8, 2024 – JLL Capital Markets announced today that it has completed the $30 million sale of Chandler Medical Pavilion, a fully leased outpatient medical building totaling 65,931 square feet, located in Chandler, Arizona. JLL’s Medical Properties Capital Markets […]
News Release: Just Closed: $71 Million IRF Construction Financing
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBEExisting Users Log InUsername or EmailPassword Remember Me Forgot password? Click here to resetNew User? Click here to register
News Release: Lawrence Group/Perkins Eastman Design World-Class Ambulatory Cancer Building at Siteman Cancer Center
(St. Louis, MO, Jan. 8, 2025) The new Gary C. Werths Building at Siteman Cancer Center on the Washington University Medical Campus realizes a bold vision for patient-centered, outpatient cancer care through the blending of state-of-the-art technology and robust amenities that support patients’ individual healing journeys. To realize this ambitious vision, Lawrence Group partnered with Perkins […]
