November - 2017
Recent Transactions
Urology of Virginia Portfolio
Virginia Beach, VA

Total SF:     86,377
Sale Price:  $38,400,000
Sale Date:   11/16/2017
2017 Healthcare Outlook

Senior Housing Investment Survey

UK Healthcare Update
Newmark Knight Frank - Global Healthcare Services (GHS) stands by its commitment to lowering the US healthcare costs through effectively utilizing real estate assets and restructuring capital. GHS Co-Leader and Executive Managing Director, Garth Hogan has recently toured facilities and met with UK private hospital executives as well as leaders of healthcare foreign capital interested in acquiring assets in the US. 

Monthly MOB Sales Update
For the month of September 2017, 68 medical office buildings closed totaling over $555 million or 2.6 million square feet. California had the most medical office building transactions with 9 (13% of total), followed by Texas with 8 (12% of total).

Monthly M&A Update
10 physician groups and 5 hospitals were acquired in October 2017. The  largest hospital acquired was Columbus Regional Health, a 413 bed hospital, in Columbus GA which was acquired by Piedmont Healthcare. Piedmont also acquired Rockdale Medical Center, a 138-bed hospital in Conyers, GA in October.

CHS To Sell Additional Hospitals worth $2B In Revenue
Written by Ayla Ellison, Becker's Hospital Review, November 10, 2017

Franklin, Tenn.-based Community Health Systems completed its 30-hospital divestiture plan Nov. 1. Now, the company expects to sell another group of its hospitals with combined revenue of $2 billion, Chairman and CEO Wayne Smith said during a third quarter earnings call.

Newmark Knight Frank
3424 Peachtree Road NE, Suite 800
Atlanta, GA 30326

Todd Perman, CCIM
Executive Managing Director
Global Healthcare Services
Phone: 404.806.2511
Newmark Knight Frank
4675 MacArthur Court, Suite 1600
Newport Beach, CA 92660

Garth Hogan
Executive Managing Director
Global Healthcare Services
Phone: 949.608.2115

Global Healthcare Services |
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