Healthcare Real Estate

Whether sale or refinancing, the underwriting focus has continued to keep healthcare lending disciplined, say panelists at a recent GlobeSt. Healthcare Real Estate conference.

The nine-building portfolio comprises 470,000 square feet across four states.

Consumers have become largely focused on a holistic lifestyle that includes health and overall wellness and the demand has given new and existing retailers further incentive to invest in health and wellness.

PGIM Real Estate sells an 11-property portfolio managed by Brightview Senior Living. The assets are spread out in the Northeast and Mid-Atlantic.

Thanks to increased demand for healthcare services, the medical net lease sector will continue to offer steady cash flow and safe returns for investors.

The agreement puts the two health care institutions on a path toward reaching a Definitive Agreement, which they expect to reach within the coming months. The LOI follows a Request for Proposal released by Saint Peter's in October 2018 that it was considering a strategic partner.