BlackSwan Zine

Ventas Inc. is focused on continuing to grow its medical office building portfolio and said industry fundamentals make the sector ripe for investment.

Rendina Companies recently announced the $288 million sale of 17 medical office buildings and its affiliated property management group, Paramount Real Estate Services, to Health Care REIT, Inc. The transaction, an extension of a long-term strategic relationship between the companies, enables the Palm Beach Gardens, FL-based company to re-invest in [...]

Local nonprofit that had already erected five buildings on the Brooklyn site escalates battle to overturn city’s selection of a private Bronx company to build on the final tract.

Developers for Palmetto Landing, a 30-unit office condominium development located at 236 Canal Boulevard in Ponte Vedra Beach, have received approval from St. Johns County to begin Phase II construction of a new medical office building.

Healthcare Trust of America has acquired an 84 percent interest in the partnership that owns the 7900 Fannin medical office building for $38.1 million.

Strong leasing by physician groups and other medical related companies will continue to fill medical office buildings in the Houston area.

Despite the continued doldrums in commercial real estate, demand for medical office and laboratory space remains strong, especially in Maryland, according to real estate company Cushman & Wakefield’s recent reports and transactions.

by PricewaterhouseCooper

MANY INVESTORS AGREE THAT U.S. MEDICAL OFFICE BUILDING (MOB) SPACE HAS OUTPERFORMED OTHER ASSET CLASSES DURING THE RECENT DOWN TURN. Some investors believe that the federal health care reform legislation will result in an overall increase in demand for medical office space, specifically out-patient centers and clinics geared to handle increases in patient traffic.

“Fifty years ago, long-time Beverly Hills resident Jack Benny said: “With 1,000 doctors and 1,000 lawyers (and about the same population we have now), Beverly Hills must be the sickest, crookedest City in the world.”

Grubb & Ellis Healthcare REIT II, Inc. today announced that it has acquired St. Vincent Medical Office Building, a multi-tenant medical office building on the campus of St. Vincent Charity Medical Center in Cleveland.