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Feature Story: ‘An authentic and genuine leader’

HRE Executive of the Year gets high praise from clients, employees and peers By John B. Mugford Chad Henderson has always been an entrepreneur at heart, as he started his first business – selling ice cream to people on their docks or in their boats – as a 16-year-old growing up in Pensacola, Fla. Mr. […]

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Thought Leaders: Newmark foresees a better 2024

Thought Leaders: Newmark foresees a better 2024

Promising Q3 and Q4 data bodes well for the coming year, firm’s report finds By Erin E. Porter Although last year was not the best for the healthcare real estate (HRE) business, the sector’s resiliency and strong fundamentals during the second half of the year portend hope for 2024, according to the recently released “2023 […]

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Feature Story: MOB rental rates have risen steadily

Tenants might not like it, but they recognize that landlords’ costs have increased, Revista panelists say By John B. Mugford By now, nearly everyone involved in healthcare real estate (HRE) knows that both the sales of facilities, namely medical outpatient buildings (MOBs), and new construction have slowed significantly during the past year or more. Yet, […]

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News Release: 2023 HREI Insights Awards Winners announced

News Release: 2023 HREI Insights Awards Winners announced

FOR IMMEDIATE RELEASE Healthcare Real Estate Insights™ presents awards to the 2023 winners of the only comprehensive national program recognizing excellence in healthcare real estate PASADENA, Calif., Feb. 28, 2024 – Healthcare Real Estate Insights™ magazine has announced the Winners of the 2023 HREI Insights Awards™, the only national awards dedicated to recognizing excellence in […]

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Feature Story: HRE lenders are optimistic

InterFace capital markets panelists discuss the state of lending in the space By John B. Mugford As Richard “Rich” Kelley noted, “No topic has been more discussed in commercial real estate over the past 12 months or longer than the capital markets, with much of the discussion centered on interest rates and the lack of […]

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Graph courtesy of Revista

Life Sciences: Some LSRE fundamentals improved in Q4 2023

Occupancies kept declining, but construction has slowed, RevistaLab data shows By Murray W. Wolf NATIONWIDE – Although occupancy rates in most life sciences real estate (LSRE) markets continued to decline during the fourth quarter (Q4) of 2023, construction activity moderated and space demand remained steady, which bodes well for better market conditions this year. That […]

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Companies & People: Q&A with Robert Milligan of UDLR Healthcare

Companies & People: Q&A with Robert Milligan of UDLR Healthcare

New firm brings together several former HTA executives and GI Partners By John B. Mugford After being founded as a non-traded real estate investment trust (REIT) initially known as Grubb & Ellis Healthcare REIT in 2006, the same entity became Healthcare Trust of America (HTA) after going public in 2012. During the next decade or […]

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Feature Story: New mantra for HRE? Do more in ‘24

Generally upbeat panelists at InterFace West say they’re seeing more activity By John B. Mugford Since the rapid run-up of interest rates from March 2022 to July 2023 rocked the capital markets and slammed the brakes on commercial real estate investment and development, frustrated healthcare real estate (HRE) professionals have frequently uttered this grim mantra: […]

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Feature Story: Where are America’s HRE hotspots?

Some you might expect, others you might not, RevistaMed data shows By John B. Mugford On Jan. 24, HREI reported on the latest national healthcare real estate (HRE) statistics as compiled and presented by Arnold-based Revista during a webcast for its subscribers to recap the fourth quarter (Q4) and all of 2023. The headline grabber […]

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Feature Story: Tough time to buy, but great time to own MOBs

RevistaMed data: MOB sales reached a low point in 2023; but, occupancies, rents increased By John B. Mugford Perhaps the last year or so has not been a great time to be a prospective buyer of medical office buildings (MOBs), but it certainly has been a good time to be an owner of such facilities. […]

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Feature Story: A modest move toward monetizations

Feature Story: A modest move toward monetizations

Some providers are becoming a bit more receptive, GlobeSt conference panelists say By Murray W. Wolf Healthcare real estate (HRE) professionals have been exhorting hospital and health system executives to monetize non-core real estate assets for at least as long as Healthcare Real Estate Insights (HREI) has been published – 21-plus years – and probably […]

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The GlobeSt Healthcare conference developer panel discussion included (from left to right): Sean Miller of Anchor Health Properties, Jaime Northam of Ryan Cos. US Inc., Sharon Harper of The Plaza Companies, Jake Dinnen of based PMB and Malcolm Sina of Sina Companies. Not pictured: Moderator Murray W. Wolf of HREI™. (HREI™ photo)

Feature Story: Finding development opportunities in a tough market

GlobeSt panelists say they are staying busy despite a challenging environment By John B. Mugford The current healthcare real estate (HRE) development market is a bit of an enigma. The number of medical office building (MOB) projects under construction remained somewhat steady from 2022 and into 2023. Yet the total square footage started nationwide during […]

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News Release: Two-property portfolio in Rancho Bernardo trades for $30.8M

News Release: Two-property portfolio in Rancho Bernardo trades for $30.8M

JLL Capital Markets facilitates the sale of the ~90,000-square-foot portfolio SAN DIEGO, Mar. 18, 2024 –  JLL Capital Markets announced today that it arranged the $30.8 million sale of a premier R&D/Lab portfolio in Rancho Bernardo in San Diego, California. JLL worked on behalf of the seller, Montana Avenue Capital Partners, LLC, and procured the buyer, […]

News Release: Gilbane Building Company Names Jeff Lewis as Business Leader for Raleigh Durham Market

NEWS PROVIDED BY Gilbane Building Company Mar 17, 2024, 17:00 ET Lewis’s promotion is part of Gilbane’s strategic growth plans in North Carolina RALEIGH, N.C., March 17, 2024 /PRNewswire-PRWeb/ — Gilbane Building Company announced the promotion of Jeff Lewis as Business Leader for the Raleigh, North Carolina office. This strategic move aligns with Gilbane’s 2024 […]

News Release: Anchor Health Properties Marks Construction Commencement  of a 20,000 SF Ground Up Development in the Atlanta MSA

News Release: Anchor Health Properties Marks Construction Commencement of a 20,000 SF Ground Up Development in the Atlanta MSA

ATLANTA, Mar. 15, 2024 —  Furthering the company’s nearly one million square foot presence in the greater Atlanta MSA, Anchor Health Properties, a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has commenced construction on a single story, 20,626 square foot medical outpatient building in Lawrenceville, Georgia. […]

News Release:   JLL tapped to lease new healthcare and life sciences development site within mixed-use conversion project in Tampa

News Release: JLL tapped to lease new healthcare and life sciences development site within mixed-use conversion project in Tampa

The commercial property conversion will encompass 1.1 million square feet, including the ability to accommodate 500,000 square feet slated for build-to-suit in Tampa’s Uptown District. Tampa, FL, March 13, 2024 – JLL announced today that the firm’s Central Florida Healthcare Practice Group has been selected to lease RITHM, the approximately 100-acre, mixed-use urban development focused […]

News Release: Capitalization arranged for a conversion for biomanufacturing/advanced manufacturing facility in Boulder County, Colorado

JLL Capital Markets represented the joint venture between Vitrian and Koelbel and Company in this transaction WASHINGTON, D.C., Mar. 14, 2024 –  JLL Capital Markets announced today that it represented the joint venture between Vitrian and Koelbel and Company to raise equity for the Centennial Valley Innovation Center, the conversion of a vacant, former home improvement […]

News Release: Kim Kretowicz Joins WCRE as Executive Vice President-Healthcare Services

News Release: Kim Kretowicz Joins WCRE as Executive Vice President-Healthcare Services

Strategic Hire Strengthens Firm’s Healthcare Presence, Fuels Growth in NJ and NY Markets Mar. 13, 2024 — WCRE | CORFAC International, a leading provider of commercial real estate services, proudly announces the addition of Kim Kretowicz as Executive Vice President-Healthcare Services. Kretowicz is a trusted adviser and a national specialist in the healthcare sector of […]

News Release: Newmark Awarded Exclusive Leasing Assignment on Behalf of Colorado Health & Tech Centers

News Release: Newmark Awarded Exclusive Leasing Assignment on Behalf of Colorado Health & Tech Centers

Newmark announces it has been awarded the exclusive leasing assignment on behalf of Colorado Health & Tech Centers (CHTC) for 5800 South Quebec Street – a 175,000-square-foot, Class A office campus in Greenwood Village. The innovation hub offers build-to-suit workspaces for biotechnology, technology, medical office and laboratory operations. Newmark Director Jon Tilton and Associate Director […]

Image courtesy of North River Leerink

News Release: ADA Forsyth to relocate to 100 Chestnut in Somerville in January 2025

The oral health research institute expects to double in size over the next 5 years, bringing new jobs to MA in life and data sciences Cambridge, Mass., 3/13/2024 – The ADA Forsyth Institute (AFI), a global leader in oral health research and innovation, announced today that it will relocate to Somerville, MA in January 2025. […]

News Release: Dwight & Co Affiliate Expands Healthcare Team and Capital Solutions

MIAMI–(BUSINESS WIRE)—Dwight & Co has expanded its Seniors Housing and Healthcare financing solutions by successfully launching working capital revolving lines of credit (revolvers), investing in new technology, and broadening the depth of its healthcare team. Revolvers integrate seamlessly into Dwight’s existing bridge, mezzanine, and HUD healthcare lending platform, establishing an efficient, comprehensive suite of financial […]

News Release: Montecito Medical Acquires Two More Women’s Health Properties in Minnesota

News Release: Montecito Medical Acquires Two More Women’s Health Properties in Minnesota

March 12th 2024 Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired two buildings in Minnesota that are home to a leading provider of women’s health services in the Twin Cities area. The two buildings, which encompass a total of 13,100 square feet, are located in the suburban communities of Maplewood and […]

News Release: Walker & Dunlop Originates $65 Million in HUD Loans for Seven Skilled Nursing Communities

BETHESDA, Md.–(BUSINESS WIRE)—Walker & Dunlop, Inc. announced today that it originated $65,731,000 in 232/223(f) and 241(a) HUD loans for seven skilled nursing facilities and memory care centers across Illinois and Wisconsin between October 2023 and February 2024. Walker & Dunlop’s Midwest FHA Finance team, led by Joshua Rosen, Brad Annis, and Johnny Rice, arranged the […]

News Release: Sendero Capital and TPG Angelo Gordon complete the acquisition of a multi-specialty healthcare facility in Warwick, Rhode Island

News Release: Sendero Capital and TPG Angelo Gordon complete the acquisition of a multi-specialty healthcare facility in Warwick, Rhode Island

JLL Capital Markets advised on the purchase of 227 Centerville Rd. in Warwick, RI, the fifth acquisition in Sendero Capital and TPG Angelo Gordon’s programmatic joint venture. BOSTON, Mar. 11, 2024 – JLL Capital Markets announced today that it advised Sendero Capital and TPG Angelo Gordon on the acquisition of 227 Centerville Rd., a 30,000-square-foot […]

News Release: Bremner Real Estate breaks ground on cancer center in Norman, Oklahoma

News Release: Bremner Real Estate breaks ground on cancer center in Norman, Oklahoma

Norman Regional Health System and OU Health join to provide high-quality, research-driven cancer care INDIANAPOLIS – (March 11, 2024) Indianapolis-based Bremner Real Estate announced the recent groundbreaking of a new cancer center in Norman, Oklahoma. The OU Health Stephenson Cancer Center at Norman Regional will serve patients from Norman Regional Health System and OU Health. […]

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Life Sciences: What are LSRE lenders looking for?

Cash-flowing, core-type assets are king these days, RevistaLab panelists say By Murray W. Wolf PASADENA, Calif. – Getting financing for a life sciences real estate (LSRE) deal was relatively easy in 2020 and 2021. Whether for acquisitions, new development or conversions – even entirely speculative projects – life sciences was red hot, and lenders lined […]

News Release: Webster Provides Five-Year Refinancing Loan for Henry Ford Macomb Medical Pavilion with KIRCO

News Release: Webster Provides Five-Year Refinancing Loan for Henry Ford Macomb Medical Pavilion with KIRCO

STAMFORD, CT March 11, 2024 – Webster Bank is pleased to announce that it has provided a five-year, permanent loan to KIRCO in connection with the refinancing of the Henry Ford Macomb Medical Pavilion which is a 100% leased, class-A, state-of-the-art medical office building located in Macomb County, Michigan. “KIRCO is an award-winning commercial real […]