Feature Story: More development despite record costs

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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The “Creative Lease Financing Structures” panel discussion during the BOMA Medical Real Estate Conference April 30 included (from left to right): moderator Sean Maynard of Brown Gibbons Lang, Craig Fimple of NexCore Group, Ben Mingle of Centurion Foundation, Howard Vogel of The Walker Group, and Greg Fawcett of JLL Securities.
HREI™ photo

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

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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The “Capital Markets” panel discussion during the BOMA Medical Real Estate Conference April 30 included (from left to right): Joe Magliochettiof Remedy Medical Properties, Jon Lewin of MedCraft, moderator Brannan Knott of CBRE, Peter Volas of Cleveland Clinic and Aashik Rao of Fengate Asset Management.
Photo courtesy of BOMA

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

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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The “Lenders’ Playbook” panel discussion at the 2026 Winstead Medical Real Estate & Construction Forum April 15 in Nashville, Tenn., included (from left to right): moderator Steve Leathers of Transwestern and panelists Steve Reedy of First Citizens Bank, Winston Abbott of Siemens Financial Services and Joe Dominguez of BMO Financial Group.
Photo courtesy of Winstead

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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Texas and Florida continue to lead the nation in FSED development. Baptist Health operates eight FSEDs in Northeast Florida, including this $17.6 million, 23,879 s.f. facility completed in November 2024, and recently acquired a site for a ninth.
Photo courtesy of Baptist Health

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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Front Entrance Rendering

News Release:Anchor Health Properties Commences Expansion Project at PAM Health Rehabilitation Hospital in Dover, Delaware

(Dover, Delaware) Dedicated to expanding access to specialized healthcare, Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management, and investment company focused exclusively on medical outpatient buildings and specialty healthcare facilities, has officially commenced construction on an expansion of the PAM Health Rehabilitation Hospital in Dover, Delaware. Located at 1240 McKee Road, […]

News Release: Ernest Health Acquires Reunion Rehabilitation Hospitals, Expanding National Network

MESQUITE, Texas, May 27, 2026 /PRNewswire/ — Ernest Health, a national leader in post-acute rehabilitation, recently signed a definitive agreement to acquire Reunion Rehabilitation Hospitals. Reunion Rehabilitation Hospitals is a network of seven medical rehabilitation hospitals located in Arizona, Colorado, Texas, and Florida. Upon completion of the transaction, Ernest Health will expand its footprint from […]

News Release: Coastal States Bank Finances the Acquisition of an Assisted Living and Memory Care Community in Dallas, Texas

BIRMINGHAM, Ala.–(BUSINESS WIRE)— Coastal States Bank (“CSB”) announced that it recently closed a bridge loan for a joint venture between Winterpast Capital Partners (“Winterpast”), Vitality Senior Living Management (“Vitality”), and Virtus Real Estate Capital (collectively, the “Sponsor”). Loan proceeds were utilized to acquire a 97-unit assisted living and memory care (AL/MC) community in the Preston […]

News Release: Novant Health advances plans for new Hilton Head Island medical hub following town land sale

News Release: Novant Health advances plans for new Hilton Head Island medical hub following town land sale

HILTON HEAD ISLAND, S.C. – The Town of Hilton Head Island completed the sale of the former Modern Classic Motors site at 355 William Hilton Parkway to Novant Health for $4.34 million on Friday, May 8, 2026. Novant Health plans to construct a new medical facility on the 4.57-acre site, bringing expanded access to healthcare […]

News Release: Orlando Health Unveils Behavioral Health Hospital Plan for Apopka Site

News Release: Orlando Health Unveils Behavioral Health Hospital Plan for Apopka Site

Orlando Health is announcing site plans for a new behavioral health hospital it will build in Apopka, Florida. The new facility, located at 1452 South Orange Blossom Trail, will become the home of Orlando Health’s behavioral health services. The two-story, 100,000-square-foot hospital will include 144 beds in a central location to Orlando Health hospitals and […]

News Release: Kayne Anderson Real Estate Announces Oversubscribed Final Close of Opportunistic Equity Fund with $5.12 Billion in Commitments

Largest Opportunistic Equity Fund in Firm History Following Strong Investor Demand Firm to Leverage Established Track Record and Experience Investing Across Medical Office, Seniors Housing, Student Housing and Light Industrial BOCA RATON, Fla., May 22, 2026 /PRNewswire/ — Kayne Anderson Real Estate, the real estate private equity arm of Kayne Anderson Capital Advisors, L.P., today […]

News Release: MorningStar Senior Living Recapitalizes River Oaks Property with TPG Angelo Gordon

News Release: MorningStar Senior Living Recapitalizes River Oaks Property with TPG Angelo Gordon

HOUSTON, TX (May 20, 2026) — MorningStar Senior Living today announced the recapitalization of MorningStar Senior Living at River Oaks, a premier Class-A senior housing property located in Houston to TPG Angelo Gordon U.S. Real Estate. Jamie Ranzan, President & Chief Investment Officer of MorningStar, said, “The recapitalization of MorningStar at River Oaks represents an exciting […]

Senior living facility MorningStar of Holly Park, located in the Denver metro area, offers a spectrum of lifestyle options from independent living to memory care.

News Release: Clarion Partners Executes $1 Billion in Strategic Healthcare Real Estate Transactions Across Multiple High-Growth Markets

Series of high-quality acquisitions expands Clarion’s footprint in senior housing,  outpatient medical, and inpatient rehabilitation amid historically strong demand NEW YORK–(BUSINESS WIRE)–Clarion Partners, LLC (“Clarion”), a leading real estate investment manager and partially owned subsidiary of Franklin Templeton, has announced that it has recently executed on more than a dozen highly curated single-asset healthcare investments […]

News Release: Berkadia Completes Class-A Senior Living Sale in Atlanta MSA

Fayetteville, Georgia – May 15, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Heartis Fayetteville, a 167-unit, Class-A luxury senior living community in the Atlanta metropolitan area. The property offers a full continuum of care, including independent living, assisted living, and memory care, in one of […]

News Release: New Lusardi Tower Opens to Patients This Week At Scripps Memorial Hospital Encinitas

News Release: New Lusardi Tower Opens to Patients This Week At Scripps Memorial Hospital Encinitas

Major hospital expansion includes ICU, postpartum unit Scripps Health today announced the upcoming opening of the Lusardi Tower, which is part of a nine-phase major expansion of the Scripps Memorial Hospital Encinitas campus that includes three dozen private patient rooms, a new intensive care unit, a monitoring area for surgery patients and a postpartum unit […]

News Release: Dignity Health to open 300,000-square-foot medical campus at site of new Cardinals headquarters

(PHOENIX, Ariz. – May 18, 2026) – Dignity Health today announced a first-of-its-kind, state-of-the-art medical campus at the corner of Scottsdale Road and Loop 101 in North Phoenix—the future site of the team’s new performance and business headquarters. Last September, the Cardinals announced the purchase of a 217-acre property at that location, where the team’s […]

News Release: Nationwide Children’s Hospital Opens New Close To HomeSM Center with Urgent Care in Grove City

(COLUMBUS, Ohio) – Beginning today, Nationwide Children’s Hospital will provide expanded specialized pediatric outpatient services for the Grove City community and surrounding areas at a new Close To HomeSMcenter. The new center located at 1350 Stringtown Road will offer convenient access to care under one roof. The Grove City Close To HomeSMCenter offers the following clinical […]

News Release: CBRE Facilitates Sale of the Newly Delivered Simmons Loop MOB in Tampa MSA

News Release: CBRE Facilitates Sale of the Newly Delivered Simmons Loop MOB in Tampa MSA

Press Release FOR IMMEDIATE RELEASE Tampa – May 20, 2026 – CBRE facilitated the sale of the Simmons Loop MOB, a 41,810 sq. ft. medical outpatient building (MOB) located at 6606 Simmons Loop in Riverview, Florida, to BGO in an off-market transaction. Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof and Jesse Greshin […]

News Release: Robins & Morton Celebrates Ribbon Cutting of $135M Tim and Jayne Donahue Patient Care Tower

News Release: Robins & Morton Celebrates Ribbon Cutting of $135M Tim and Jayne Donahue Patient Care Tower

Construction firm Robins & Morton joined Jupiter Medical Center to celebrate the ribbon cutting of the new $135 million Tim and Jayne Donahue Patient Care Tower in Jupiter, Florida. The five-story, 133,000-square-foot building adds 92 patient beds to the hospital’s existing 248-bed capacity, and will include oncology, cardiovascular, and orthopedic services. The Tower also features […]

Thought Leaders: MOB Investment Rises, Cap Rates Fall | Q1 2026 U.S. Medical Outpatient Building Figures

Thought Leaders: MOB Investment Rises, Cap Rates Fall | Q1 2026 U.S. Medical Outpatient Building Figures

Figures | Medical Outpatient Buildings | Q1 2026 MOB Investment Rises, Cap Rates Fall CBRE RESEARCH | MAY 2026 Note: Arrows indicate change from the previous quarter. Investment volume is compiled using the MSCI transactional database and deals reported by CBRE Healthcare Capital Markets and CBRE Healthcare Practice Advisory Group. Executive Summary • Medical outpatient […]