➤➤ Join the GlobeSt.HEALTHCARE (formerly RealShare) conference December 3-4 in Scottsdale, AZ. The event will cover the industry's major issues as well as the prevailing and upcoming trends in regulations, space use, budgeting, and technology implementation. Through panel discussions and peer-to-peer networking opportunities, the attendees will gather expert insights on how these factors will affect the development, operation, investment and design of healthcare real estate. Click here to register and view the agenda.
TOLEDO, OHIO—Welltower has entered into a definitive agreement to buy a 29-property Class-A medical office building portfolio from Hammes Partners for $787 million. The properties are concentrated in the New York and Boston areas as well population centers in Massachusetts, California, Texas and Maryland. The portfolio is affiliated with Baylor Scott & White, Providence St. Joseph, Trinity Health, Medstar and other not-for-profit health systems and multi-specialty physician groups.
Separately, the REIT is also investing $885 million across four separate outpatient medical transactions that are currently under contract.
And in another transaction, Invesco Real Estate took a majority stake in a portfolio of 35 medical office buildings owned by Welltower in a $850 million joint venture with the REIT.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.