REIT MOB Portfolio Valuations Rise in 2014
By all accounts, US healthcare REITs had a banner year in 2014. Overall, healthcare REITs had total returns of over 33% in 2014 and had an equity market cap approaching …
The MOB Scene
North Shore LIJ and Waterstone Development Group Team to Buy Manhasset, NY MOB
In an interesting transaction, North Shore LIJ Health System of Great Neck, NY teamed up with Waterstone Development Group to purchase 600 Community Drive in Manhasset, NY. According to a …
Five Mega Projects Opening This Spring
Five construction projects scheduled to be completed this spring represent nearly $1.3 billion dollars and more than 1.6 million square feet. All five of the projects are hospitals; three of the five are …
Fitch Ratings Issues Presale Report for Griffin American Healthcare REIT Commercial Mortgage Trust
Fitch Ratings recently released a presale report for the GAHR Commercial Mortgage Trust 2015. This is a CMBS issue of approximately $1.8 Billion to be used to fund the acquisition …
3 Things You Should Know About Revista
1. We specialize in healthcare real estate Focusing on healthcare real estate allows us to provide specialized information that is crucial to making smart investment decisions. We are the first …
California is #1 in the Nation in Hospital Construction!
Revista recently held a webcast on the California medical real estate market and revealed that the Golden state is the far and away leader in hospital construction across the nation. As of …
Ventas Completes Merger of HCT, MOB cap rate at 6.2%!
Ventas recently completed its previously announced $2.6 Billion acquisition of American Realty Capital Healthcare Trust (HCT). HCT’s portfolio spans 147 total properties including medical office buildings (78), seniors housing (46), post-acute/SNF …
The “On Campus” Medical Office Premium is 14% in 3Q14
Investors paid an average of 14% more per square foot for an on campus medical office building (compared to an off campus medical office building) in the 3rd quarter of …
More Construction, Financial Data Offered for the MOB Sector…
National Real Estate Investor recently published an article about Revista and the MOB sector with a snapshot of interesting data and facts. Click here to view the online article.
Revista’s National Data Launch Conference Delivers
Revista’s National Data Launch Conference Delivers Nov 22, 2014 I recently attended the Revista National Launch & Executive Forum in Chicago. Revista, a national health care data firm, is launching …
In Case You Missed It…
Just in case you missed the opening session of the recent Revista National Executive Forum in Chicago, we saved video from the opening session. Below is a link to Mark Engstrom’s (who …
Over $27 Billion Under Construction in the Top Ten Metros
Construction Volume in $ Billions After review of construction projects in the top ten markets (ranked by population), we have uncovered over $27 Billion in construction activity. Included in this …
Griffin American Healthcare REIT III Buys Southlake, TX Hospital
Griffin American Healthcare REIT III, which launched earlier this year, has been making a splash during the last half of 2014. After announcing in October an agreement to acquire a portfolio …
ARC Capital Healthcare Trust II Acquires Pinnacle Health MOB Portfolio
American Realty Healthcare Capital Trust II, which recently purchased a portion of the LaSalle investment Trust MOB II portfolio, has also acquired a $132 million portfolio of medical office buildings …
Recent Medical Office Construction Projects
Trammell Crow adjusts plans for medical office building at proposed McMillan project Trammel Crow is the developer on a proposed medical office building to be contained within the McMillan mixed …
Health Systems Active in Atlanta’s Medical Office Market…
We have recently updated our medical real estate database covering the southeast U.S. on www.revistamed.com. One market that has a fair share of MOB activity is Atlanta, GA. Yes, investors such as …
Dissecting the Recent LaSalle/HCT Deal…
Many veteran investors in medical office properties are familiar with LaSalle Investment Management. LaSalle, by many accounts, was the first institutional private equity investor to raise a fund focused on …
Recent Northeast Medical Office Transactions
The following are recent medical office buildings from Revista’s northeast region that traded hands: 110 Lockwood Ave, 140 Lockwood Ave, 140A Lockwood Ave, 150 Lockwood Ave Centrock Corp purchased the Lockwood Medical …