Transforming Shopping Malls Into 21st Century Neighborhoods
New healthcare facilities are critical infrastructure for anchoring a new resilient neighborhood, especially when it brings those services into previously underserved regions. Shopping malls now represent an opportunity to re-define post-pandemic suburban environments and re-engage with where the majority of Americans actually live and likely will continue to live.
Kayne Anderson Buys $1.3B Medical Office Building Loan Portfolio
The 13 million-rentable-square-foot portfolio spans 33 states and includes 106 floating-rate mortgages secured by 308 medical office building assets. The properties, sponsored by blue-chip institutional investors, are 92.3 percent leased on a long-term basis, and 35 percent are anchored by hospitals.
When Will Medical Office Building Sales Bounce Back?
The first half of the year volume for MOB sales was down … but, as is typically the case with a complex, robust industry like HRE, however, there is much more going on than meets the eye.