Happy Holidays from Global Healthcare Services!
December 2019
GHS Recent Transaction

  Eagles Landing Family
  Practice MOB  Portfolio
  5 locations throughout South
  Metro Atlanta, GA 

  Total SF:      67,263
  Sale Price:   $23,686,511
  Sale Date:   11/25/2019

GHS Recent Transaction

  Confidential:  Developer
  Debt  Refinancing 
  5 MOBs in CO and OH

  Total SF:                145,022
  Loan Proceeds:      $40.5M
  Closing Date:         11/22/2019

GHS Q3'19 Healthcare Capital Markets Report

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November 2019 MOB Transactions Top $2B With Portfolio Transactions On The Rise

Medical office building transactions totaled over $2 billion and 5.4 million square feet for the month of November. The 48 total transactions evenly consisted of individual properties and portfolio transactions. P ortfolio transactions were up significantly from October, where they made up only 14% of the total volume. 

Moody's Upgrades 2020 Outlook For Non-Profit Healthcare Sector To Stable

The upgrade by Moody's for the non-profit healthcare sector from negative to stable is positive news for investors in healthcare real estate, as this sector continues to be the lifeblood of the overall healthcare delivery system and accounts for significant tenancy in REIT and institutional investor portfolios. Of note, the report sites growth in operating cash flows as a catalyst for the upgrade, a trend that could lead to a positive outlook should it continue.

November 2019 M&A Spotlight: Obstetrics & Gynecology of Indiana Acquired
Written by: Eric Murphy, Managing Director, Global Healthcare Services

Obstetrics & Gynecology of Indiana provides women's health services for advance the delivery of obstetrical and gynecological care for women. It is based in the northern suburb of Indianapolis. It was acquired by Audax Group's Axia Women's Health for an undisclosed sum. It is their 4th investment since 2017.

Buyers Will Be Out In Force Next Year

A survey conducted by Capital One suggests the multifamily investor market seems prepared for a buyer's market in 2020, particularly in urban markets. Will healthcare real estate follow a similar trend, or will record-high pricing prevail for sellers of the asset class in 2020?

Todd Perman, CCIM
Vice Chairman
Global Healthcare Services

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