Hammond Hanlon Camp LLC Fourth Quarter Medical Office Building Report:  Large Portfolio Activity Drives 2016 Transaction Volume
posted on March 14, 2017

 

NEW YORK — Investor appetite remained strong for medical office buildings in 2016 with a total of $8.5 billion in reported transaction volume.  It was a year marked by large portfolio sales, fueled by institutional capital.  NorthStar Realty Finance Corp. (NYSE: NRF) sold a portfolio of 38 properties with a total value of $838 million to Starwood Property Trust (NYSE: STWD).  Catholic Health Initiatives (“CHI”) monetized a portfolio of 52 properties through a sale to Physicians Realty Trust (NYSE: DOC) for $703.5 million.  Blackstone (NYSE: BX) sold a 4.5 million square foot medical office and life sciences portfolio to Ventas (NYSE: VTR) for $1.5 billion.  In the aggregate STWD, DOC and VTR acquired roughly $3 billion in medical office and related healthcare real estate, approximately 36 percent of the total $8.5 billion in sales transacted for the year.

 

Inside the 4Q16 MOB Quarterly Update

  • Key Transaction Highlights 

  • Transaction Volume Trends 

  • Regional Transaction Highlights

  • Pricing and Cap Rate Trends

  • Industry Rate Benchmark Trends

 

Download the full report to learn more

 

Should you have any questions or desire to discuss the sector with an H2C professional, information about the firm and how to contact us is presented at the end of the report.

 

Thank you for your interest in this publication.
Printed copies available upon request.

ABOUT HAMMOND HANLON CAMP LLC

Hammond Hanlon Camp LLC (“H2C”) is an independent strategic advisory and investment banking firm committed to providing superior advice as a trusted advisor to healthcare organizations throughout the United States.  H2C’s professionals have a long track record of success in healthcare mergers & acquisitions, capital markets, real estate and restructuring transactions, acting as lead advisors on hundreds of transactions representing billions of dollars in value.  Hammond Hanlon Camp LLC offers securities through its wholly-owned subsidiary H2C Securities Inc., member FINRA/SIPC.  For more information, go to h2c.com

 

REAL ESTATE INVESTMENT BANKING PRACTICE

The real estate investment banking professionals at H2C have successfully served as advisor for over 20 years on real estate transactions in excess of $10 billion nationwide.  For more information on our real estate advisory group, please contact one of the adjacent H2C professionals.

 

MEDIA CONTACT

Dara Litwin
Hammond Hanlon Camp LLC
212.257.4527
dlitwin@h2c.com

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pcamp@h2c.com                          

 

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jmiele@h2c.com

 

John P. Nero

Vice President

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jnero@h2c.com

 

Maxwell J. Wu

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212.257.4511

mwu@h2c.com

 

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