xxx

Transactions: MedCraft buys a system portfolio for an estimated $300 million

Firm acquires 24 MOBs from a major health system; CBRE brokers the sale By John B. Mugford MINNEAPOLIS – In what looks to be the largest health system sale, or monetization, of medical outpatient buildings (MOBs) in more than nine years, Minneapolis-based MedCraft Healthcare Real Estate has purchased a portfolio of assets from a major […]

Full Story »
Feature Story: Are there riches in niches?

Feature Story: Are there riches in niches?

InterFace panel discusses behavioral health, IRFs, FSEDs, micro hospitals and more By John B. Mugford Medical outpatient buildings (MOBs) have been the darling of most healthcare real estate (HRE) developers and investors for many years. But, amid changing market conditions, some HRE professionals say they are currently finding more opportunities with “niche” product types, including […]

Full Story »
Livonia, Mich.-based Trinity Health and its local affiliate, Saint Joseph Health System, acquired the 205,573 square foot, on-campus Saint Joseph MOB in Mishawaka, Ind., in mid-July 15 for $43.1 million. Healthcare Realty was the seller.
Photo courtesy of Trinity Health

Feature Story: Providers have become big buyers

Health systems accounted for 23 percent of all MOB purchases in the first half By John B. Mugford It would be hard not to notice the recent uptick in medical outpatient building (MOB) “reverse monetizations,” or transactions in which hospital and health systems are buying outpatient buildings. Last year, in 2024, health systems made total […]

Full Story »
Companies & People: A Q&A with Steve Barry of RWJBarnabas Health

Companies & People: A Q&A with Steve Barry of RWJBarnabas Health

The former Rendina HRE president reflects on his move to the provider side By John B. Mugford In the healthcare real estate (HRE) sector, there have been several high-profile health system real estate executives who have joined private HRE firms, bringing with them the deep-rooted knowledge and understanding of how healthcare organizations operate and what […]

Full Story »
Feature Story: MOBs continue to outperform

Feature Story: MOBs continue to outperform

BGL explains why in new report — and foresees rising sales volumes By John B. Mugford Ever since the general office market started to hit hard times during the COVID-19 pandemic, many professionals involved in the medical outpatient building (MOB) space have proclaimed how fortunate they feel to be involved in a sector that typically […]

Full Story »
Feature Story: HRE market expected to pick up

Feature Story: HRE market expected to pick up

In a webcast, CBRE and BlackBirch say they foresee a stronger second half By John B. Mugford Here are some of the takeaways from the recent webcast, “2025 Capital Markets Mid-Year Recap,” which was conducted by the U.S. Healthcare Capital Markets team with CBRE Group Inc. (NYSE: CBRE) and New York-based BlackBirch Capital: ■ Medical […]

Full Story »
xxx

Feature Story: Another record low for MOB sales

Preliminary Q2 volume of $1.52 billion would be the least since Revista began tracking By John B. Mugford The rebound that many healthcare real estate (HRE) professionals have been predicting for medical outpatient building (MOB) sales has not yet taken place – at least not through the end of the second quarter (Q2). In fact, […]

Full Story »
xxx

Transactions: Remedy and Kayne buys a D.C. area portfolio

JV acquires eight MOBs for an estimated $298.3M; Newmark brokers the sale By John B. Mugford Another large medical outpatient building (MOB) portfolio has traded, reinforcing the notion that the second half of 2025 could see upwards of 10 or more large deals. The latest portfolio deal saw the prolific partnership of Chicago-based Remedy Medical […]

Full Story »
Companies & People: A busy buyer by the bay

Companies & People: A busy buyer by the bay

The CEO of Elliott Bay Capital Trust provides an update on the firm and its strategy By John B. Mugford For anyone who follows the medical outpatient buildings (MOBs) acquisitions market, it would be hard not to notice how active an investor Elliott Bay Capital Trust has been during the past dozen years, particularly in […]

Full Story »
Among the buildings that were part of two portfolio deals totaling about $70 million that were recently brokered by CBRE is the 50,486 square foot West Pavilion II on the campus of the 226-bed Multicare Yakima Memorial Hospital in Yakima, Wash.
Photo courtesy of CBRE

Transactions: As predicted, portfolio sales are picking up

IRA buys seven FEDs in Arizona; HR sells two MOBs in Wash.; CBRE brokers both deals, which total about $70 million By John B. Mugford As we noted last week, the volume of medical office building (MOB) portfolio deals seems to be picking up. After reporting on a $67 million, four-MOB transaction last week acquired […]

Full Story »
Transactions: $67M deal kicks off ‘portfolio season’

Transactions: $67M deal kicks off ‘portfolio season’

Remedy-Kayne acquires assets from Everest; Newmark team brokers the sale By John B. Mugford It looks as if portfolio season is underway. On June 18, HREI™ reported that 10 or more sizable medical outpatient building (MOB) portfolios were in various stages of the sales process, from closing soon to just hitting the market. Several MOB […]

Full Story »
News Release: Sale of Silicon Valley seniors housing community completed

News Release: Sale of Silicon Valley seniors housing community completed

JLL Capital Markets led the sales efforts for the 155-unit Atria at Foster Square in Foster City, California SAN DIEGO, Aug. 25, 2025 –  JLL Capital Markets announced today it has arranged the sale of Atria at Foster Square, a 155-unit, trophy-level seniors housing community in Foster City, California. JLL’s Seniors Housing Capital Markets team represented […]

News Release: Cypress West and TPG Angelo Gordon Joint Venture Acquires Boca Raton, Florida Medical Outpatient Campus

News Release: Cypress West and TPG Angelo Gordon Joint Venture Acquires Boca Raton, Florida Medical Outpatient Campus

Boca Raton, FL (September 12, 2025) — Cypress West Partners (Cypress West) in joint venture with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, announced the acquisition of Del Mar Medical Park, a two-building, 101,546-square-foot, medical outpatient campus that is currently 92.4% occupied and located in the heart of Boca […]

News Release: Berkadia Completes Senior Living Sale in Pensacola, Florida

Pensacola, Florida – September 11, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Summer Vista, an 89-unit assisted living and memory care community located in the Florida panhandle city of Pensacola. Managing Directors Ross Sanders, Dave Fasano, Cody Tremper, and Mike Garbers of Berkadia Seniors Housing […]

News Release: Berkadia Completes Independent & Assisted Living Sale in Austin, Texas

Austin, Texas – September 11, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Village on the Park Onion Creek, a 124-unit independent and assisted living community located in the thriving suburbs of Austin, Texas. Managing Directors Cody Tremper, Mike Garbers, Ross Sanders, and Dave Fasano of […]

News Release: Fairfield Advisors announces sale of 2 Medical Office Building Portfolio

– $11,200,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firmfocused on the HealthCare marketplace, facilitated the sale of 2 Medical Office Buildings located in Little Rock, AR. and Pittsburgh, PA. The 2 buildings total 34,500 square feet and are located in medical corridors. The anchor tenants in the buildings include […]

News Release: Just Closed: 91% Occupied Medical Outpatient Building located in Los Angeles County

News Release: Just Closed: 91% Occupied Medical Outpatient Building located in Los Angeles County

Transaction Highlights Date Closed 8/28/25 Size 26,596 SF Leased 91% Imperial Medical Plaza 15651 Imperial Highway  |  La Mirada, CA CBRE U.S. Healthcare Capital Markets is pleased to announce the closing of Imperial Medical Plaza (the “Property”), located at 15651 Imperial Highway in La Mirada, California. Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof and […]

News Release: Florida Coast Medical Center Officially Opens to the Treasure Coast Community

News Release: Florida Coast Medical Center Officially Opens to the Treasure Coast Community

Sep 10, 2025 Florida Coast Medical Center officially opened its doors today, September 9, 2025, at 9 a.m., becoming the first new hospital to open on the Treasure Coast in more than a decade. The $200 million, 180,000-square-foot facility expands access to high-quality care in St. Lucie County and beyond. It is located near Florida’s […]

News Release: Stockdale Capital Partners Announces New Lease Agreements at 1401 Philomena Medical Office Building  in Austin, Texas

News Release: Stockdale Capital Partners Announces New Lease Agreements at 1401 Philomena Medical Office Building in Austin, Texas

Centrally-located property at 1401 Philomena St., adjacent to Dell Children’s Medical Center, has 129,382 square feet of rentable office space LOS ANGELES – September 10, 2025 – Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced it has inked lease agreements with two new tenants at 1401 Philomena St. in Central […]

News Release: Crown Tenant Advisors Welcomes New Director

News Release: Crown Tenant Advisors Welcomes New Director

Healthcare Real Estate Firm Grows Georgia Team with Appointment of Jason Hulak  Atlanta, GA, September 10, 2025 – Crown Tenant Advisors, a boutique healthcare real estate firm, announced today the appointment of Jason Hulak as Director. Hulak, a licensed commercial real estate broker, joins the company’s Georgia office to serve the real estate interests of healthcare providers in the […]

News Release: Rudolph and Sletten Awarded $960 Million UCSF Benioff Children’s Hospital Project

News Release: Rudolph and Sletten Awarded $960 Million UCSF Benioff Children’s Hospital Project

09/10/2025 MENLO PARK, Calif.–(BUSINESS WIRE)– Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Rudolph and Sletten, has been awarded a contract valued at approximately $960 million for construction of the new UCSF Benioff Children’s Hospital in Oakland, California. This is one of several […]

Remedy Medical Properties and Kayne Anderson Real Estate recently acquired three medical office buildings in south Denver, including Highlands Ranch I & II, a pair of MOBs at 630 and 640 Plaza Drive in Highlands Ranch, CO totaling 153,858 square feet.
Please click on the images to link to a high-resolution version.

News Release: Remedy Medical Properties and Kayne Anderson Real Estate Acquire Three Medical Office Buildings to Expand Access to Care in South Denver

DENVER and CHICAGO, September 8, 2025 – Remedy Medical Properties and Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, today announced the acquisition of three medical office buildings (MOBs) located in Highlands Ranch and Littleton, Colorado. “These properties stand out for their quality, location, and recent improvements,” said Joe […]

News Release: Flagship REIT strengthens capital position with expansion of senior revolving credit facilities

Move increases REIT’s capacity for investment and strategic growth CHARLOTTE, N.C. — Flagship Healthcare Trust, Inc. (Flagship REIT), a Charlotte-based outpatient healthcare real estate investment trust, has expanded its syndicated senior revolving credit facilities arranged by Fifth Third Bank. The $500 million senior secured credit facility has a $175 million Revolving Credit Facility (the “Facilities”) […]

News Release: Just Closed: Vista Medical Center

News Release: Just Closed: Vista Medical Center

Colliers U.S. Healthcare Capital Markets is pleased to announce the successful closing of Vista Medical Center, a four-building outpatient medical park located in Lakeland, Florida. The property is situated just south of Interstate 4 and less than two miles from the 910-bed Lakeland Regional Medical Center, offering regional connectivity and proximity to key healthcare infrastructure. […]

News Release: HPA Exchange Acquires Nexus Dallas Children’s Hospital Property

DALLAS (Sept. 9, 2025) – HPA Exchange LLC, a healthcare real estate investment sponsor created by the executive team of Healthcare Property Advisors, a vertically integrated healthcare real estate owner and operator, announced today the acquisition of an 86,880-square-foot hospital located at 9525 Greenville Ave. in Dallas that is occupied and operated by Nexus Dallas […]

News Release: Analysis: Senior Housing Can Reduce Acute Care Service Needs For Older Adults

Top-performing senior housing communities significantly lower emergency department utilization, hospitalizations and skilled nursing admissions Senior housing residents’ total cost of care decreases for several years after moving in   New research shows that senior housing’s preventative approach to care contributes to increased quality of life for residents and reduced healthcare costs over time. Senior housing […]