Medical Office
PREA Special Report: Housing Still Surest Bet in CRE
Despite construction costs on the rise and financing still not being up to par to pre-Great Recession times, real estate is still the soundest investment of today and tomorrow, according to commercial real estate high rollers who spoke at Pension Real Estate Association’s 2013 Spring Conference in Washington, D.C.
MIPIM Special Report: Global Healthcare, Seniors Housing Dynamics
A panel of experts at the global real estate conference discusses the robust and widely varied global opportunities in seniors housing and healthcare real estate.
Mel Gamzon: 2013 Seniors Housing Outlook
Longtime seniors housing expert Mel Gamzon offers insights into the seniors housing market after a particularly strong 2012. This installation of insights from Gamzon examines trends showing why seniors housing is a smart investment in both the short and long term.
KKR to Invest $150M of Equity in Sentio Healthcare
Kohlberg Kravis Roberts & Co. is providing $150 million of equity to Sentio Healthcare Properties, a REIT that invests in seniors housing and medical facilities, to help it grow its portfolio.
SPECIAL REPORT: MBA Predicts M-F Funding Market Share May Fall Slightly in 2013
Mortgage originations for commercial properties will increase by 11 percent in 2013, the Mortgage Bankers Association (MBA) forecasted. Multifamily financing may tick down this year as capital supply to the other commercial real estate sectors make a comeback.
SPECIAL REPORT: Liquidity Returns to Commercial Real Estate
The commercial real estate financing industry cautiously greeted the rapid return of liquidity into the sector during the Mortgage Bankers Association’s 2013 Commercial Real Estate Finance/Multifamily Housing Convention & Expo.
Bernards, Colombo Break Ground on New California Hospital
Ground is scheduled to break in February on the new $56 million Tehachapi Hospital in Tehachapi, Calif.
Griffin-American Healthcare REIT Continues Expansion with $184M in Acquisitions
The Griffin-American Healthcare REIT II more than tripled its portfolio in 2012 with acquisitions totaling $866 million, including 14 properties purchased in December for $184 million.
Stockholm’s Kista Galleria Shopping Center Sells for $700M
Citycon Oyj, a subsidiary of Gazit-Globe Group, and the Canada Pension Plan Investment Board (CPPIB) have entered into definitive agreements to acquire the Kista Galleria shopping center in Stockholm from DNB Livsforsikring ASA.
WNC Closes $124M Federal Low-Income Housing Tax Credit
WNC finishes out the year on a high note with the closing of a $124 million federal low-income housing tax credit fund that will be invested in 20 affordable housing projects across the United States and a Hawaii state tax credit fund of almost $5 million that will be used for a seniors housing project in Honolulu.