Topic: Real Estate Financing/Capital Markets

September 24, 2015
Mike Hargrave

Recent Medical Real Estate Transactions

The Carlyle Group recently purchased the Corinthian Medical Offices from ProMed Properties for $48 million or $593 per SF.
August 30, 2015
Mike Hargrave

Hospital Real Estate Yields Compress Through the First Half of 2015

The hospital yield reported in the mid-year transactions report include real estate trades of general acute care hospitals, acute rehabilitation hospitals and long term acute care hospitals...
August 14, 2015
Hilda Martin

A Quick Analysis of Major vs. Minor Markets

I’ve received a number of questions about MOB construction activity in tertiary markets and am curious about this area myself! Most of the information that circulates is about major metro areas – but what about the rest of the country?
August 5, 2015
Mike Hargrave

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 System.
August 5, 2015
Mike Hargrave

Beverly Hills medical office buildings sell for over $1,000 per foot

The interesting things about this deal, however, are the pricing and location of these assets. The total value of the deal was $449M for the 8 properties comprising 437,895 square feet. This works out to $1,025 per square foot which makes it the highest priced publicly announced MOB deal (per SF) this year.
July 31, 2015
Mike Hargrave

MOB in Oakdale, CA Trades Hands

A 51,000 square foot medical office building in Oakdale, California traded hands in late July. The Oakdale Medical Plaza was developed in 2007 by GL Bruno in association with Oak Valley Hospital. The MOB sold for $12 million or $235 per square foot.
July 30, 2015
Mike Hargrave

Medical Properties Trust to Buy Capella Healthcare

The deal is split two-thirds ($600 M) to real estate and one-third to operations. The deal represents the single largest transaction in MPW’s history and will grow their real estate asset base (based on 1Q15 gross real estate assets) by some 19%...
July 21, 2015
Mike Hargrave

HTA Sets the Pace in 2Q

Healthcare Trust of America (NYSE: HTA) recently announced it had closed on over $190 million worth of acquisitions in the second quarter of 2015. The acquisitions were in the REIT’s existing markets of Boston, Charleston, Indianapolis and Raleigh. Based on preliminary 2Q data, HTA is setting the pace for MOB transactions in 2Q...
July 7, 2015
Mike Hargrave

Ventas – Ardent Deal – Premium Price for a Premier Portfolio? – Part 2

Ardent purchased Hillcrest health system in 2004 for roughly $281.2 million. According...
1 4 5 6 7 8