Mergers/Acquisitions
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, …
Cap Rates by Property Price
Typically, the transaction stats we look at are only for MOB trades that are at least $2.5 million. However, we do have data on a solid portion of the smaller deals. In the chart below we compare cap rates based on the property price, including those under $2.5M . . .
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 …
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 …
DuPage Medical Group Sells Several Trophy MOBs to Harrison Street
DuPage Medical Group (DMG), of Downers Grove, Illinois (www.dupagemedicalgroup.com) has recently sold a group of trophy MOBs to Harrison Street Realty Capital (HSRE). A preliminary accounting through public records shows …
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 …
For Community Based Building & Services, Flexibility is Key
Perusing the Wall Street Journal this weekend, I came across an interesting article: ‘Ok Boomer, Who’s Going to Buy Your 21 Million Homes‘. The article talked about the staggering number …
FREE WEBINAR: THE OUTLOOK FOR THE MEDICAL REAL ESTATE SECTOR
March 9, 2016 at 1:00pm EDT 2015 was a banner year for medical real estate. Transactions were at an all-time high, construction and development grew and fundamentals are near cyclical …
From the 2018 Revista Medical Real Estate Investment Forum – Medical Office Sector Becoming Core
For those involved in the buying and selling of medical office buildings, you feel it. Transaction volumes have been steadily rising for the past few years. Revista began tracking property …
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 …
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 …
Health System Transaction Activity: Monetization vs Buybacks
Health systems have been buying back outpatient medical buildings from third party investors at a faster clip in the last two years than in the past. This phenomenon is somewhat counterintuitive given the increase in interest rates since 2022 and lower operating margins in healthcare . . .
Healthcare Construction Projects Start on Time, Deliveries Delayed
2019 was a big year for medical office construction starts. 28.8 million square feet broke ground during the year, the most in a year since Revista has been tracking it. …
Healthcare Realty Trust is Finding MOB Acquisition Opportunities to its Liking
The country’s healthcare-focused REITs have always been, and are likely to continue to be, an important investor group in the medical office building (MOB) acquisitions sector.
Healthcare Trust of America Announces 1Q16 Acquisitions
Healthcare Trust of America, Inc. (NYSE: HTA) recently announced 1Q16 total investment activity of $163 million and an additional $210 million of investments under signed purchase and sale agreements expected …
Healthcare Trust of America to Acquire Duke Realty’s Medical Office Portfolio for $2.75 Billion
Company Release – 05/01/2017 06:01 SCOTTSDALE, Ariz., May 1, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE:HTA) (the “Company”), the largest dedicated owner and operator of medical office buildings …
Here Are the Most Active Metros for MOB Transactions
RevistaMed tracks medical office (or medical outpatient) building transaction activity across the US and has a time series back to 2013.