Feature Story: $2.1B JV shows MOB sector strength
Justin Shepherd A closer look at the BAM-DOC deal and what it says about investor sentiment By John B. Mugford Perhaps no one involved in healthcare real estate (HRE) is likely to say that New York-based Brookfield Asset Management’s (NYSE: BAM) recent acquisition of a 49 percent share of a $2.1 billion portfolio of medical […]
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Feature Story: Rates will stay flat, MOB sales will rise
CBRE’s 2026 mid-year HRE webcast highlighted these forecasts and other data points By John B. Mugford NATIONAL – Interest rates are likely to remain steady for the rest of the year. Medical outpatient building (MOB) sales volume is expected to increase in 2026, while capitalization (cap) rates continue to compress amid growing demand for the […]
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Transactions: Virginia repurposing pays off
Cascade-BGO project sells in the mid-$40M range; Avison Young brokers sale By John B. Mugford Although the prospect of converting other commercial properties for medical use can be alluring, success hinges on several factors, including location, parking availability, building suitability, tenant demand and more. But it can be done, as evidenced by a recent repurposing […]
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Feature Story: Q2 2026 MOB sales were ‘moderate’
With the Welltower tranches closed, volume fell to $2B, RevistaMed webcast shows By John B. Mugford Although medical outpatient building (MOB) occupancies and rents continue to rise to historic levels, the sales volume was considered “moderate” during the second quarter (Q2) of this year. Last quarter’s MOB sales volume totaled $2 billion, according to the […]
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Companies & People: James Schmid steps down from Anchor Health Properties role
He served as chief investment officer and, with CEO Ben Ochs, led the firm’s strong growth MEDIA, Pa. – James A. Schmid III, one of the healthcare real estate (HRE) sector’s most-active and well-known professionals, has stepped down as managing partner and chief investment officer after more than a decade with Charlottesville, Va.-based Anchor Health […]
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Feature Story: IRFs are hot properties. Here’s why.
Demographics, provider demand, good margins and more are fueling a surge By John B. Mugford If there is a product type that could be considered one of the hottest in the overall healthcare real estate (HRE) arena – both in terms of development and acquisitions – it just might be inpatient rehabilitation facilities, or IRFs. […]
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Companies & People: Big Sky is poised to reach new heights
CEO Jason L. Signor discusses impact of firm’s purchase of HealthCap Partners By John B. Mugford Last week, HREI™ reported that Dallas-based Big Sky Asset Management LLC, an investment and asset management firm focused on healthcare real estate (HRE), had recently acquired another Dallas-based healthcare real estate (HRE) firm, HealthCap Partners LLC. Although the financial […]
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Companies & People: Innovative from the beginning
Sharon Harper and the Plaza Companies have helped shape Greater Phoenix’s landscape By John B. Mugford Sharon Harper was working as a teacher in Greater Phoenix when she decided to become an entrepreneur and launch a new business, the Plaza Companies, in 1982. The Peoria, Ariz.-based company’s first project, Plaza Del Rio, started with one […]
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Project Case Study: A good fit in Naperville, Ill.
CHP and HSG successfully repurpose a former L.A. Fitness facility By John B. Mugford As the costs of developing new healthcare real estate (HRE) facilities and medical outpatient buildings (MOBs) continue to soar, many developers and investors are looking at the possibility of repurposing other property types into medical. It’s a great idea on the […]
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Thought Leaders: Low MOB vacancies are testing the market
Cushman & Wakefield report shows rising space demand as construction lags By John B. Mugford The case for medical outpatient buildings (MOBs) ownership has perhaps never been stronger. Today’s MOB market boasts record occupancy levels, increasing institutional interest and steady demand for new development from health systems who are racing to plant their flags in […]
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Feature Story: HRE market is looking good overall
Acquisitions are rising, debt is available and capital wants to enter the sector By John B. Mugford Although the medical outpatient buildings (MOBs) sales volume has slowed during the past couple of years, owning the product type is proving to be a financially worthwhile endeavor. Being in such a position – especially for those who […]
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Feature Story: How to win friends and HRE business
Providers on InterFace panel explain what it takes to become a trusted advisor By John B. Mugford As nearly every healthcare real estate (HRE) professional is keenly aware, long-term success largely depends on whether a firm can become a trusted advisor and preferred service provider to the sector’s health systems and larger physician groups. As […]
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Companies & People: Stonemont is on a roll
Long-time investor launched its HRE unit with the hiring of Matt Stone in 2021 By John B. Mugford A somewhat new name has been making medical outpatient building (MOB) acquisitions and starting new development projects over the past four years or so, with quite a bit of activity in the past six months or so. […]
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Feature Story: More development despite record costs
Provider demand is strong enough to justify building, HREI™ board members say By John B. Mugford Medical outpatient building (MOB) construction costs hit an all-time high of $558 per square foot (PSF) last year, yet development activity increased anyway because provider demand has been strong enough to justify the added expense. That was the consensus […]
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Feature Story: How systems can use new financing models
BOMA panel discusses creative lease structures, shares case studies By John B. Mugford For health systems that would like to own certain outpatient facilities that they occupy, there has, for quite some time, seemingly been just a couple of methods to gain control of such assets. Those have included owning the land underneath a facility […]
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Transactions: NHP agrees to sell 86-MOB portfolio
Newly public REIT announces $528 million sale slated to close in the second half By John B. Mugford As it shifts its focus to seniors housing, New York-based National Healthcare Properties Inc. (Nasdaq: NHP), which just went public in April, has entered an agreement to sell a portfolio of 86 medical outpatient buildings (MOBs) with […]
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Feature Story: The investment capital is there
Debt and equity are ready to fund MOB and HRE deals, BOMA panelists agree By John B. Mugford If anything has changed dramatically in the healthcare real estate (HRE) transactions market during the past year or so, it’s that there’s plenty more debt and equity available for investors. Here’s an example of how much things […]
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Feature Story: What’s shaping systems’ strategies
Providers are contending with a deteriorating financial model, Winstead panel says By John B. Mugford As the host of the recent 2026 Winstead Healthcare Real Estate & Construction Forum in Nashville, Tenn., Andy Dow, a healthcare real estate attorney and co-chair of the Real Estate Industry Group with Dallas-based law firm Winstead, relayed just how […]
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Feature Story: It’s ‘a borrower’s world right now’
They’re benefitting from a competitive debt market, Winstead panel says By Murray W. Wolf The era of “easy money” might be over, but healthcare real estate (HRE) lenders are open for business in an increasingly competitive market, and that’s good for would-be borrowers. That was one of the primary takeaways from a panel discussion featuring […]
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Transactions: Sila agrees to merge with Blue Owl for about $2.4B
Deal includes 137 properties totaling over 5.1 million s.f.; Newmark was the real estate advisor By Murray W. Wolf Tampa, Fla.-based Sila Realty Trust Inc. (NYSE: SILA) and affiliates of New York-based Blue Owl Capital (NYSE: OWL) announced Monday, April 20, that Sila has agreed to merge with an affiliate of Blue Owl in an […]
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Feature Story: HRE leaders predict growth in 2026
HREI board members foresee a strong year, while also expressing some caution By John B. Mugford Although there is certainly plenty of turmoil around the globe, professionals with many of the top firms are optimistic about the year ahead. At least that’s how a vast majority of the members of the HREI™ Editorial Advisory Board […]
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Feature Story: The FSED comeback continues
After a backlash and a slowdown, the product type is again going strong By John B. Mugford The story of freestanding emergency departments (FSEDs) can be compared to a roller coaster, as the product type experienced a meteoric rise in development in its early years, followed by a slowdown, and then, in recent years, a […]
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News Release: ESI Sells Independent Living Community in Detroit
Michigan – August 2026 – Evans Senior Investments (ESI) is pleased to announce the successful sale of an independent living community in Michigan. The community had 126 units and was in an established Detroit suburb. ESI represented an independent owner/operator seeking to exit the industry and ran a competitive marketing process that generated strong interest […]
News Release: Marcus & Millichap Arranges $2.16M Sale of Denver Medical Office Property
DENVER, Aug. 18, 2026 — Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 820 Clermont St., a 14,560-square-foot medical office property in Denver, Colorado, for $2.16 million. “Denver’s 10,000- to 20,000-square-foot medical office segment remains tight and supply-constrained, with low vacancy […]
Making Second-Generation Space Work for MOBs
Making Second-Generation Medical Office Space Work: Why Regional Healthcare Providers Need a Different Real Estate Strategy By Juan Vega, SIOR, CCIM, Executive Managing Director at Colliers For years, healthcare providers looking to expand had a fairly straightforward choice: lease space in a newly developed medical office building or build to suit if the patient demand […]
News Release: Meridian Acquires Pasadena Medical Office Building and Secures Long-Term Huntington Health Lease
PASADENA, Calif. – Meridian, a full-service real estate owner, operator and developer specializing in healthcare real estate, announced the acquisition of 55 E. California Boulevard, a 32,052-square-foot medical office building located adjacent to Huntington Hospital in Pasadena, California. Concurrent with the acquisition, Meridian finalized a long-term lease with The Huntington Physicians, A Medical Care Foundation […]
JLL: LA Sees Medical Outpatient Building Vacancy Rise In First Half of 2026
Los Angeles Medical Outpatient Overview_2Q2026 Highlights The total vacancy rate for the Los Angeles medical outpatient building market increased by 90 basis points during the first half of 2026 – rising above 10% for the first quarter since 1Q23. Disruption to LA medical outpatient market caused by One Big Beautiful Bill Act and the macroeconomic […]
News Release: $66.875M refinancing secured for active adult community in Fairway, Kansas
JLL Capital Markets led the financing efforts for The Fieldston, a 209-unit luxury property adjacent to the Kansas City Country Club Plaza DENVER, Aug. 17, 2026 – JLL Capital Markets announced today that it arranged a $66.875 million refinancing for The Fieldston, a 209-unit luxury active adult multifamily community in Fairway, Kansas. JLL worked on […]
News Release: HREA Announces Sale of Six-Building Michigan ENT & Allergy Portfolio in Western Michigan
Grand Rapids, Michigan – August 14, 2026 – HREA | Healthcare Real Estate Advisors is pleased to announce the successful sale of a six-building medical outpatient building (MOB) portfolio occupied by Michigan ENT & Allergy Associates (“MIENT”), with locations throughout Western Michigan. The portfolio includes six strategically located facilities in Holland, Grand Haven, Caledonia, […]
News Release: Berkadia Announces Senior Living Sale in Jacksonville, Florida
Jacksonville, Florida – August 14, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Wyndham Lakes, a 246-unit independent living, assisted living, and memory care community in the thriving southern suburbs of Jacksonville, Florida. Senior Managing Directors Mike Garbers, Cody Tremper, Dave Fasano, and Ross Sanders of […]
News Release: Crown MedRealty Partners Acquires Six-Building ENT Portfolio Across Western Michigan
Grand Rapids, Michigan – August 13, 2026 – Crown MedRealty Partners (“Crown”), a premier healthcare real estate firm headquartered in Kansas City, in joint venture with its institutional equity partner, is pleased to announce the acquisition of a six-building medical office portfolio occupied by Michigan ENT & Allergy Associates (“MIENT”) across Western Michigan. The […]
Berkadia Medical & Life Sciences: Second Quarter Healthcare REIT Themes
Capital Recycling Is Accelerating: Healthcare REITs are increasingly monetizing or recapitalizing outpatient medical assets to unlock flexible equity, preserve management income, and redeploy capital into higher-growth strategies, particularly senior housing operating portfolios and repositioning existing outpatient assets. Partnerships with large institutional investors provide immediate liquidity and scale while limiting incremental balance-sheet leverage. Resilient Valuations and […]
News Release: Cushman & Wakefield Arranges Nearly $20 Million Acquisition Financing for Edwards Professional Park in Scottsdale
Healthcare Capital Markets Team Represents Albany Road Real Estate Partners in Financing of Premier Medical Office Portfolio PHOENIX, Aug. 13, 2026 – Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, announced today that it arranged $19.962 million in acquisition financing on behalf of Albany Road Real Estate Partners for Edwards Professional Park […]