Healthcare Real Estate

New Miami Senior Housing Combines Affordability, Transit Access

David Wilkening | August 16, 2018

The private/public effort is the first of its kind in 25 years.

Medical Office Looks Good for Buyers and Sellers

Brian J. Rogal | August 16, 2018

Public REITs have, temporarily at least, pulled back from the medical office sector, but sellers have not suffered.

News

Inland Private Capital Sells Medical Office Buildings in Illinois, Massachusetts

John Jordan | August 15, 2018

The company states the sale resulted in a total return to the investors of 142.10% (calculated based on the aggregate amount of original capital invested in the property).

News

Montefiore Raises Nearly $1.2B in Bond Financing

John Jordan | August 14, 2018

The bonds will be used to refinance certain existing debt and to provide reimbursement for certain strategic investments, enabling Montefiore to exit the Federal Housing Administration’s mortgage insurance program, according to DASNY.

Land & Buildings Wants Brookdale To Monetize $8B in Real Estate

Erika Morphy | August 10, 2018

It also would like the company to pursue REIT status.

Northwell Health to Build Outpatient Medical Complex on Upper East Side

John Jordan | August 07, 2018

The property is currently zoned to allow for a maximum of 278,149 square feet of commercial space, including 258,493 square feet above grade.

MBRE Healthcare Buys 3 MOBs For $35M

Adele Carter | August 05, 2018

"We continue to see institutional investors recognize medical office buildings as a viable core product for their portfolios."

Montecito Buys Satellite MOB For Boston Children’s Hospital

Adele Carter | August 02, 2018

"We love the characteristics of Boston Children’s hub-and-spoke model, where the satellite offices are leased on a long-term basis to an investment-grade system.”

Brookfield to Acquire Forest City in $11.4B Transaction

Betsy Kim | July 31, 2018

Brookfield will acquire all shares of common stock of Forest City for $25.35 per share.

News Thought Leadership

Medical Office Building Sale Provides ‘Rare Value-Add’

John Jordan | July 31, 2018

The 57,815-square-foot facility on the campus of Memorial Regional Hospital was purchased for $11.5 million by an unnamed private real estate investment firm.

Thought Leadership

Seniors Housing's Period of Adjustment

John Salustri | July 31, 2018

The good news is that the markets with the most new construction will be able to handle the resultant vacancy challenge. The bad news…well, according to Marcus & Millichap’s Adam Lewis, there isn’t any.

KAMCO and 90 North Deepen Midwest Portfolio

Brian J. Rogal | July 30, 2018

The Kuwait-based investment firm continues to build a portfolio in US secondary markets.

News

Expect the Unexpected with Building Systems

Lisa Brown | July 30, 2018

In this EXCLUSIVE, GlobeSt.com learns that tracking systems allow building owners to record the type, age and condition of building equipment and the best remediation course of action.

News

Columbia Residential Develops Affordable Senior Housing Near MARTA

Steve Lubetkin | July 30, 2018

East Decatur is one of the first affordable senior communities in the region offering such close proximity to a MARTA station.

Welltower, ProMedica Close $4.4B Quality Care Deal

Erika Morphy | July 27, 2018

Welltower will be able to better target post-acute care services with this acquisition, said CEO Tom DeRosa.

Quality Care Stockholders Approve $2B Welltower Deal

Erika Morphy | July 25, 2018

During the go-shop period Quality Care received a competing offer but the board never changed its recommendation to accept the Welltower offer.

News

Post-Acquisition, Hermann Expansion Continues

Lisa Brown | July 25, 2018

The hospital is nearing completion on a $650 million renovation and expansion to drive the latest technology and procedures, and provide for the growing healthcare needs in the Houston region.

Montecito Medical Acquires Beth Israel Deaconess MOB

Adele Carter | July 24, 2018

“Medical real estate doesn’t get much better than this prime property, given its location adjacent to the hospital campus and with a long-term lease to the dominant health system in the market."

LaSalle Investment Management Buys Memorial Hermann Medical Plaza

Adele Carter | July 24, 2018

According to a source in the Wall Street Journal the property traded for $405 million.

Apollo To Buy Hospital Chain LifePoint For $5.6B

Erika Morphy | July 24, 2018

The deal is a merger between LifePoint Health and RCCH HealthCare Partners, which is owned by Apollo.

The New MOB: Leaner, Greener and More Digital

Erika Morphy | July 23, 2018

An evolution in the medical office space is creating a schism between the traditional buildings and the modern medical office building.

Housing Faces Tariffs and Age Variations

Lisa Brown | July 22, 2018

In this EXCLUSIVE, KWA president Brian Webster discussed DFW area job growth, which is leading the charge on increased development, partnerships and the prevalence of senior housing.

News

Life Science Accelerator IndieBio to Open in NYC in 2019

Betsy Kim | July 20, 2018

IndieBio is receiving $25 million in state support to boost life science start-ups and the local economy.

Commentary

CRE’s Emerging Drug Problem

Anthony J. LoPinto | July 17, 2018

Amazon’s long-rumored entrée into the prescription business recently became a reality. It’s clear that the real estate industry will soon find itself with a major drug problem.

News

Another Watercrest-Titan Senior Living Project To Break Ground

John Jordan | July 16, 2018

The Winter Park, FL project named Watercrest Winter Park will be developed by Vero Beach, FL-based Watercrest Senior Living and Titan Development Real Estate Fund 1.

Alexandria Acquires 219 E. 42nd St. for $203M

Betsy Kim | July 13, 2018

The life sciences and tech REIT purchased the East Midtown property agreeing to a sale leaseback with Pfizer.

Middle-Market Digest

Middle Market Digest – The Northeast

Steve Lubetkin | July 13, 2018

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

Physical Environment Affects Patient Care

Lisa Brown | July 11, 2018

Without a facilities management team in place, compliance risk needs, and aging healthcare facilities and infrastructures leave the potential disruption to patient care at a high rate.

Video

Unique Senior Housing Underway in Cherry Hill

Steve Lubetkin | July 11, 2018

The project will include 160 new units of high-quality, affordable rental housing for older adults and adults with special needs.

New Approach to Fitness is Open to the Public

Lisa Brown | July 10, 2018

The new Baylor Scott & White Health Sports Therapy and Research complex on the Dallas Cowboys campus is an educational opportunity for visitors as much as it is a healthcare destination for athletes.

The Growing Appeal Of Delaware Statutory Trusts

Erika Morphy | July 05, 2018

These vehicles have been growing in popularity for years but in the last 12 months activity has jumped.

82K SF Signed At Atlanta's One Overton Park

Steve Lubetkin | July 05, 2018

Carestream Dental’s new 54,000 square-foot offices at One Overton Park will serve as its worldwide headquarters.

More Net Lease Properties Hitting the Market

Brian J. Rogal | July 03, 2018

The change in net lease property cap rates during the second quarter showed mixed results, with retail cap rates experiencing their greatest quarterly increase since 2011, while office and industrial rates compressed.

Research

How Technology Will Change Healthcare Real Estate

Erika Morphy | July 02, 2018

It is a complex subject but Transwestern and IMEG Corp. have tacked it in a report in which 24 healthcare-related executives speak.

Middle Market Digest – The Northeast

Steve Lubetkin | June 29, 2018

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

Thought Leadership

COFE Properties Buys Kendall Summit Office Park

John Jordan | June 28, 2018

The deal for the 173,661-square-foot office park calculated out to approximately $200-per-square-foot.

News

Welltower Restructures Brookdale Senior Living JV

Erika Morphy | June 28, 2018

The REIT is also forming a joint venture with the newly-formed Pegasus Senior Living.

News

CNL Healthcare Evaluates Strategic Alternatives

Erika Morphy | June 27, 2018

The REIT is considering listing its common stock, selling itself or a merger.

Middle-Market Digest

Middle Market Digest – The Northeast

Steve Lubetkin | June 22, 2018

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

Repositioning Helps Sell High-Tech Creative Office Assets in Central Perimeter

Steve Lubetkin | June 21, 2018

Investors were attracted to the synergy among Northside Hospital and Glenridge, and the opportunity to develop the existing pad site for a variety of potential uses.

Hospital for Special Surgery Signs Deal at 35 Hudson Yards

John Jordan | June 20, 2018

The center will feature physician offices, diagnostic imaging and physical therapy services and is scheduled to open in 2019.

Off-Campus Healthcare Bringing in Solid Returns

Brian J. Rogal | June 19, 2018

Medical office has become one of the mainstays of the Indianapolis region.

Middle-Market Digest

Middle Market Digest – The Northeast

Steve Lubetkin | June 15, 2018

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

Event Coverage

Life Sciences Real Estate: Convincing Investors It's Worth It

Betsy Kim | June 15, 2018

Can your city pull off becoming the next biotech capital of the world?

Big Box Vacancy Greatest Threat to Retail

Brian J. Rogal | June 14, 2018

The shutdown of Toys R’ Us and so many other well-known retailers has changed investors’ views on the threats to investing.

News

Quality Care Receives Competing Offer For Welltower’s $2B Bid

Erika Morphy | June 12, 2018

During the "go-shop" period, 34 potential parties were contacted on behalf of Quality Care to see if they had an interest in making a proposal to acquire it.

Campbell Named Atlanta Business Unit Leader for McCarthy Building Companies

Steve Lubetkin | June 12, 2018

Campbell joined McCarthy in 2011 and has played a major role in building the preconstruction teams in Houston and Dallas.

News

Medical Properties Trust Recaps $1.9B German Hospital Portfolio

Erika Morphy | June 11, 2018

Medical Properties Trust owns the 71 post-acute hospitals and has formed a JV with Primonial Group for it to acquire half.

News

KKR To Take Envision Healthcare Private In $10B Deal

Erika Morphy | June 11, 2018

The company had reportedly been conducting an auction for its sale after announcing a strategic review last fall.

Commentary

Dialysis Clinics: The True Commodity Asset of the Healthcare Net Lease Sector

Colin Cornell | June 08, 2018

While no industry is completely immune from technological advances that could jeopardize future growth and sustainability, dialysis services are projected to increase in the coming years.