Overall, healthcare REITs had total returns of over 33% in 2014 and had an equity market cap approaching $100 Billion by the end of the year
North Shore LIJ Health System of Great Neck, NY teamed up with Waterstone Development Group to purchase 600 Community Drive in Manhasset, NY
Ventas recently completed its $2.6 Billion and previously announced acquisition of American Realty Capital Healthcare Trust (HCT)
The Forest Park Medical Center is a 54 bed, 142,000 square foot hospital that opened earlier this year.
American Realty Healthcare Capital Trust II, which recently purchased a portion of the LaSalle investment Trust MOB II portfolio, has also acquired a $132 million portfolio of medical office buildings from Pinnacle Healthcare of Harrisburg, PA.
The following are recent medical office buildings from Revista's northeast region that traded hands:
Lockwood Medical Offices
Real Estate Investment Trusts (REITS) accounted for 48% of the buying activity for medical office buildings (MOBs) in the 2nd quarter of 2014. REITs bought $454 million worth of MOBs in 2Q....
Preliminary data shows $1.629 Billion of transaction volume in the 2nd quarter of 2014. Overall, 90 properties comprising almost 6 million...