Hospital Real Estate Prices Are Going Up!
The hospital real estate sector has been gaining favor with investors in 2015. We have seen two high profile deals – the $1.75B Ventas/Ardent deal and the $900M Medical Properties …
Medical Construction is in Every State
Did you know that Revista tracks medical real estate construction? Yes, it does track both Hospital and Medical Office construction across the United States. We finished the initial count of …
CS Capital Invests in Boston Post-Acute Real Estate
CS Capital on behalf of the Alaska Permanent Fund has recently acquired two Boston area acute rehabilitation hospitals. Both the Braintree Rehabilitation Hospital in Braintree, MA and the New England …
Investor Appetites for Medical Real Estate Trending at High Levels
Anyone involved in medical real estate in the past few years has felt the trends. Generally, we have seen rising volumes, cap rate compression and rising prices in the form …
Breaking Ground in Medical Real Estate
Below are recent medical office projects that have broken ground. Olympic Medical Center has broken ground on a new 42,000 square foot medical office building on its campus in Port …
ICD-10: One Week Out
The below blog can be accessed at http://blog.cms.gov/2015/09/24/icd-10-one-week-out/. September 24 By Dr. Bill Rogers, ICD-10 Ombudsman In one week, the U.S. health care system will start using the International Classification …
Hospital Real Estate Transaction Volume has Picked Up
For the first time since Revista began tracking medical real estate transaction volume in 2014, hospital real estate transaction volume is outpacing medical office volume. Thus far, in the 3rd …
Recent Medical Real Estate Transactions
Below is a roundup of transactions that occurred within the past few weeks and months: The Carlyle Group recently purchased the Corinthian Medical Offices from ProMed Properties for $48 million …
Over 16 Million Square Feet of MOB Space Scheduled to Complete in 2015
Revista has recently released mid-year 2015 construction reports. A national report is available for purchase while subscribers have additional access to the top 50 metros report, and 8 region reports. …
Hospital Real Estate Yields Compress Through the First Half of 2015
Revista has recently released mid-year 2015 transactions reports. A national report is available for purchase while subscribers have additional access to the top 50 metros report. Each report is roughly …
Sabra Healthcare REIT Reports Forest Park Frisco Medical Center Having Trouble Paying Rent
SABRA Healthcare REIT (NYSE: SBRA) reported in its quarterly earnings that Forest Park Medical Center (FPMC) in Frisco is having trouble paying rent as of June, 2015. SBRA said that …
HCP buys 11 on campus MOBs from Memorial Hermann Health System
HCP, Inc. (NYSE: HCP), disclosed with the reporting of second quarter, 2015 earnings that it had purchased a portfolio of 11 on campus medical office buildings from Memorial Hermann Health …
Beverly Hills medical office buildings sell for over $1,000 per foot
G&L Realty recently sold a portfolio of 8 medical office buildings to a partnership between Health Care REIT (NYSE: HCN) and the Canadian Pension Plan Investment Board (CPP). The partnership, …
MOB in Oakdale, CA Trades Hands
A 51,000 square foot medical office building in Oakdale, California traded hands in late July. The Oakdale Medical Plaza was developed in 2007 by GL Bruno in association with Oak …
Medical Properties Trust to Buy Capella Healthcare
Medical Properties Trust (NYSE: MPW) has recently announced they were acquiring the real estate of seven hospitals as well as an interest in the operations of Capella Healthcare in a …
HTA Sets the Pace in 2Q
Healthcare Trust of America (NYSE: HTA) recently announced it had closed on over $190 million worth of acquisitions in the second quarter of 2015. The acquisitions were in the REIT’s …
Ventas – Ardent Deal – Premium Price for a Premier Portfolio? – Part 2
Part one of this post established comparative pricing for the Ventas/Ardent hospital real estate deal compared to Revista’s industry averages. We established that Ventas is paying a slight premium (compared …
SABRA Healthcare REIT buys 4 Post Acute SNFs at $345K/Bed…
SABRA Healthcare REIT (NYSE: SBRA) announced in a recent filing that they purchased 4 post-acute SNFs located in Maryland at a price/bed that rivals some hospital trades. They are purchasing …
Do Medical Real Estate Prices have Room to Run?
We recently wrote about the fact that Medical Office prices are trending near all time highs. Given this fact as well as the sentiment that most economists believe interest rates …
MOB Prices Trending Near All Time Highs…
If you feel like medical office pricing is about as high as it can go, you would have a point these days. The current 2nd quarter average price per square …
Ventas – Ardent Deal – Premium Price for a Premier Portfolio? – Part 1
The recently announced Ventas (NYSE: VTR) acquisition of Ardent Health services caught many healthcare real estate investors by surprise. Questions have arisen such as what are they buying, is the …
The Revista Pipeline: Medical Office Construction Projects
Below are selected construction projects from Revista’s medical real estate database. Subscribers have access to this database containing over 55,000 medical properties plus market reports for only $80/month. St. Lukes receives …
Is Private Equity Becoming More Competitive?
Coming out of the great recession, Health Care REITs have generally enjoyed a cost of capital advantage over other forms of capital. This has played out in the Revista transaction …
More Hospital Centric Real Estate “On Campus” Inside the Top 50 Metros
Revista has completed its first round of market reports for the top 50 metro areas. Overall, there are 26,545 medical properties in the top 50 metro areas. Of this, we …