NEWS

Welcome Matt Bremner to Bremner Real Estate Matt's role at Bremner, which dedicates itself to working with healthcare systems and other clients in strategic real estate, will focus on the company's ongoing operational, financial, and legal needs. A graduate of Vanderbilt University, Matt also has his MBA from the Krannert School of Management at Purdue University and his Masters in Real Estate from Georgetown University. Prior to Bremner, Matt worked for Duke Realty in their Indianapolis, IN, Washington, DC and most recently their Philadelphia, PA office serving as Vice President of Leasing and Development where he helped grow and develop Duke's 6 million square foot Pennsylvania portfolio. Very comfortable working on a variety of deals ranging from 1,200 square foot medical office space up to 1.1 million square foot Fortune 100 industrial deals, Matt says, "My real estate knowledge was grounded while at Duke and I learned a lot from [...]

Madison, NJ, and INDIANAPOLIS, August 7, 2018- Bremner Real Estate is pleased to announce that construction has commenced for the joint venture between Atlantic Health and Kindred Healthcare. The Indianapolis-based healthcare real estate developer states the development is a two-story, 46,000-square-foot rehabilitation facility on a 4.5-acre parcel of land within Giralda Farms. Holt Construction, Earl Swensson Associates, and Old National Bank are playing key roles in this new development, as well as MB Real Estate who is a partner with Bremner in the project. "I'm very happy we put together an experienced team to assist two of our valued customers to grow in this competitive marketplace," said Jim Bremner, CEO.

The unexpected conundrum that publicly traded Real Estate Investment Trusts (REITs) face will stymie the Medical Office Building (MOB) acquisition market for the next 18-24 months. The sudden drop in valuation that most of traded REIT's have experienced since January 2018 is at question. This valuation slip, coupled with required dividends and the aggressive capitalization (CAP) rates that were utilized to acquire existing MOB product during the past 2 years, have left the public REITs upside down on their net asset value (NAV). As a result, most REIT's are left on the sideline with very limited available capital to implement additional MOB acquisitions. Alternative capital resources now have an opportunity to find their way to align with MOB developers and private fund managers to propose as acquisition sources for hospital systems. Sellers of medical real estate, especially health systems, should be wary of capacity, management qualifications, and the long-term positions of these buyers. Most [...]

“BOMA is always an awesome event!” – Ron Penix. Bremner Real Estate representatives Ron Penix, Debbie Johnson, Dan Harrington, and Jim Bremner at the BOMA Conference May 9-11 in Houston, TX. Were you there? #bremner #BOMA We snapped this pic of Pete Bulgarelli, President and CEO, Lillibridge Healthcare Services Inc./EVP Office, Ventas Inc. and Jim Bremner, CEO, Bremner Real Estate. SaveSave SaveSave

Bremner Real Estate's Ron Penix attended the 9th Annual Interface Carolina’s Conference on May 31st. InterFace Carolinas Held May 31st in Charlotte Southeast Real Estate Business and Shopping Center Business magazines along with France Media's InterFace Conference Group were proud to produce the 9th annual InterFace Carolinas information and networking conference on May 31st at the Hilton Charlotte Center City. Last year's event attracted nearly 300 attendees and we expected an even larger crowd of office, industrial, multifamily and retail property owners, investors, developers, brokers and lenders this year for what has become a favorite and valued industry event. The conference featured a keynote address from top economist Mark Vintner, six high-level panel sessions and numerous networking opportunities. If you are active in commercial real estate in North and South Carolina, or if you are based outside the area but are invested in the region, THIS IS A MUST-ATTEND EVENT! http://www.cvent.com/events/2018-interface-carolinas/event-summary-a03ebfd138824942a54565735ce85ed2.aspx

Jim Bremner joins two other former Duke Realty executives launch new HRE development firm One of the most familiar names in healthcare real estate (HRE) is back in the game. Jim Bremner has reunited with two former Duke Realty (NYSE; DRE) colleagues, Bill Mooney and Ron Penix, to form Bremner Real Estate. The new Indianapolis based HRE development firm opened for business in early July. In an exclusive interview with HREI in mid-August, Mr. Bremner told us, “I felt the space needs more boutique-like and flexible people like ourselves.” "We want to have a small company that will provide an exceptional level of service in delivering developments,” Mr. Mooney added. He said the new firm doesn't aspire to be national in scope, and will probably focus on the East and Southeast regions. Messrs, Bremner and Mooney say they envision a small, nimble, HRE development firm with the flexibility to serve [...]