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Sources say that Cascade Realty Partners and BentallGreenOak have sold the 111,315 square foot UVA Health Medical Park Riverside for a price in the mid-$40 million range, culminating the successful repurposing of the Charlottesville, Va., property.
Photo courtesy of Avison Young

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’

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

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.

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

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

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.

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

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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HREI board members say the MOB market is improving, as evidenced by deals such as Lincoln's late 2025 acquisition of the Imperial Medical Center in Sugar Land, Texas.
Photo courtesy of BMO

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

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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Matt Stone

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

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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News Release:CBRE Facilitates Sale of Fresenius Woodland Hills, a Newly Delivered Dialysis Clinic in Affluent Los Angeles Submarket

Los Angeles – July 30, 2026 – CBRE facilitated the sale of Fresenius Woodland Hills, a 21,080 sq. ft. medical outpatient building (MOB) located at 20931 Burbank Boulevard in Woodland Hills, California, to a private investor.  Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare Capital Markets partnered with Toby […]

News Release: CBRE Arranges Sale of Newly Delivered, On Campus MOB & ASC in Florida

News Release: CBRE Arranges Sale of Newly Delivered, On Campus MOB & ASC in Florida

Sacramento – July 31, 2026 – CBRE facilitated the sale of Port St. Lucie MOB & ASC, a 41,864 sq. ft. medical outpatient building (MOB) and ambulatory surgery center (ASC) located at 370 SE. Veranda Falls Way in Port St. Lucie, Florida, to an institutional owner. Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole […]

News Release: Onicx Healthcare Real Estate Expands into Tennessee with Acquisition of Nashville-Area Medical Outpatient Building

Onicx Healthcare Real Estate Fund acquires Crossroads Medical Pavilion, a 100%-leased, physician-anchored 33,665-square-foot medical outpatient building in White House, Tenn. WHITE HOUSE, Tenn. – August 5, 2026 – Onicx Healthcare Real Estate (“OHRE”), the healthcare investment and development platform of Tampa-based Onicx Group, is pleased to announce the acquisition of Crossroads Medical Pavilion, a one-story, […]

News Release: Marcus & Millichap Facilitates $2.14M Sale of Medical and Professional Office Property in Grand Rapids

News Release: Marcus & Millichap Facilitates $2.14M Sale of Medical and Professional Office Property in Grand Rapids

GRAND RAPIDS, Mich., Aug. 5,2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale East Paris Medical Center, a 10,011-square-foot, three-suite medical and professional office in Grand Rapids, Michigan. The property sold for $2,135,000. “Investors were drawn to the property’s strong location and future upside potential, with all […]

News Release: CREG Healthcare represents seller in $7.2M MOB sale

News Release: CREG Healthcare represents seller in $7.2M MOB sale

CREG Healthcare successfully represented the seller in the $7.2 million sale of Crossroads MOB, a 34,680 square foot medical office building located at 491 Sage Road in White House, Tennessee. Built in 2007, the property was acquired by an institutional buyer on a triple-net lease structure, with CREG negotiating both a new long-term lease with […]

News Release: Catalyst Healthcare Real Estate and Nuveen Real Estate Announce the Formation of a $400 Million Equity Joint Venture

PENSACOLA, FL, Aug. 4, 2026 – Catalyst Healthcare Real Estate (Catalyst), a leading national healthcare real estate development and investment firm, and Nuveen Real Estate (“Nuveen”), one of the largest real estate investment managers globally, announced the formation of a $400 million equity joint venture that will support approximately $1.3 billion in total development costs […]

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News Release: JLL arranges $147M sale of Atlanta MSA seniors housing portfolio

The five-property portfolio totals 611 units and is located in premier northern Atlanta submarkets BOSTON, Aug. 4, 2026 –  JLL Capital Markets announced today that it has arranged the $147 million sale of five Class A seniors housing communities in northern Atlanta submarkets to an experienced public-traded traded institutional investor in an all-cash transaction. JLL’s […]

News Release: ESI Arranges Institutional Exit: Michigan SNF Portfolio 

News Release: ESI Arranges Institutional Exit: Michigan SNF Portfolio 

Michigan – July 2026: Evans Senior Investments (ESI) has completed the sale of a three-facility, 347-functional-bed skilled nursing portfolio in Michigan. ESI represented the seller, an institutional owner exiting the state. Welltower acquired the portfolio and partnered with an operator making their first entry into the state. How ESI Added Value to the Client: ESI’s […]

Transactions: HR makes a $65M buy in Connecticut

Transactions: HR makes a $65M buy in Connecticut

The REIT acquires a 106,092 s.f. MOB in Greenwich; Newmark brokers the sale By John B. Mugford Ever since Nashville, Tenn.-based Healthcare Realty Trust (NYSE: HR) acquired Healthcare Trust of America in mid-2022, which brought its portfolio to well over 40 million square feet of medical outpatient building (MOB) space, it has been in sales […]

News Release: The Sanders Trust Completes Development of 58,000-Square-Foot Rehabilitation Hospital in Oak Creek, Wisconsin

News Release: The Sanders Trust Completes Development of 58,000-Square-Foot Rehabilitation Hospital in Oak Creek, Wisconsin

40-Bed Facility Expands Access to Specialized Care in the Milwaukee Region Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the completion of Rehabilitation Hospital of Oak Creek, developed in partnership with Lifepoint Rehabilitation, an operating division of Lifepoint Health. The newly […]

News Release: Cushman & Wakefield Healthcare Capital Markets Arranges $5.34 Million Acquisition Financing for Crossroads Medical Pavilion in Nashville Area

News Release: Cushman & Wakefield Healthcare Capital Markets Arranges $5.34 Million Acquisition Financing for Crossroads Medical Pavilion in Nashville Area

Tyler Morss Represents Onicx Health Care Real Estate in Financing of Modern 34,680-Square-Foot Medical Property in White House, Tenn. NASHVILLE, Aug. 3, 2026 – Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, announced today that it arranged $5.34 million in acquisition financing on behalf of Onicx Health Care Real Estate for Crossroads […]

News Release: Marcus & Millichap Arranges Sale of Buckner Redevelopment Site in Dallas

News Release: Marcus & Millichap Arranges Sale of Buckner Redevelopment Site in Dallas

DALLAS, Aug. 3, 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 4801 S. Buckner Blvd in Dallas, Texas, a 28,443-square-foot building situated on three acres. “This transaction was the culmination of a long-standing and deliberate search for the best location for St. Vincent de Paul of […]

News Release: SkySong’s Impact Extends Beyond the Office as Thousands Gather at Innovation Center Each Year

News Release: SkySong’s Impact Extends Beyond the Office as Thousands Gather at Innovation Center Each Year

More Than 4,500 Meetings and Events Bring Approximately 63,000 Visitors Annually to South Scottsdale SCOTTSDALE, Ariz. (August 3, 2026) — For 20 years, SkySong, The ASU Scottsdale Innovation Center has been known as a place where companies, entrepreneurs and innovators come to work. But each year, tens of thousands of people also come to SkySong […]

News Release: Crown MedRealty Partners Acquires Single-Tenant Interventional Pain Management Facility as Part of Newly Formed JV

News Release: Crown MedRealty Partners Acquires Single-Tenant Interventional Pain Management Facility as Part of Newly Formed JV

Sartell, Minnesota – August 3, 2026 – Crown MedRealty Partners (“Crown”), a premier healthcare real estate firm headquartered in Kansas City, in partnership with its new institutional equity partner, is pleased to announce the start of its new joint venture (“JV”) with the acquisition of a single-tenant interventional pain management clinic and ambulatory surgery center […]

News Release: Berkadia Announces Sale & Financing of New England Senior Living Communities

Boston, Massachusetts – August 3, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of four senior living communities and the financing of two communities in Massachusetts and New Hampshire. Senior Managing Directors Ross Sanders, Dave Fasano, Cody Tremper, and Mike Garbers of Berkadia Seniors Housing & Healthcare […]