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➤➤ Join the GlobeSt.HEALTHCARE (formerly RealShare) conference December 3-4 in Scottsdale, AZ. The event will cover the industry’s major issues as well as the prevailing and upcoming trends in regulations, space use, budgeting, and technology implementation. Through panel discussions and peer-to-peer networking opportunities, the attendees will gather expert insights on how these factors will affect the development, operation, investment and design of healthcare real estate.  Click here to register and view the agenda.


TOLEDO, OHIO—Welltower has entered into a definitive agreement to buy a 29-property Class-A medical office building portfolio from Hammes Partners for $787 million. The properties are concentrated in the New York and Boston areas as well population centers in Massachusetts, California, Texas and Maryland. The portfolio is affiliated with Baylor Scott & White, Providence St. Joseph, Trinity Health, Medstar and other not-for-profit health systems and multi-specialty physician groups.

Separately, the REIT is also investing $885 million across four separate outpatient medical transactions that are currently under contract.

And in another transaction, Invesco Real Estate took a majority stake in a portfolio of 35 medical office buildings owned by Welltower in a $850 million joint venture with the REIT.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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