Industry Pulse: Fewer hospitals? Not necessarily
Seven CON applications in the works in Orlando, Fla., area Nearly everyone involved in healthcare real estate (HRE) has heard that the country’s hospitals are living on borrowed time. It will only be a matter of time, we’re told, until hospitals will be caring for only the very sick while most ailments, illnesses and surgeries […]
Companies & People: 5 Questions for Mindy Berman
Managing director with JLL’s healthcare group talks about the firm, the market By John B. Mugford When a new investment banking group with a big name behind it entered the medial office building (MOB) sales sector in 2010, it was basically a one-person shop with an analyst for support. Fast forward six years later, and […]
Industry Pulse: Projects combining MOBs, senior housing
Plans for one medical-senior site also include a Chick-fil-A Anyone who follows or participates in the senior housing sector, the medical office building (MOB) sector – or both – has long known that older people are big users of the services offered in MOBs. Yet, for years upon years, the two classifications of healthcare real […]
Companies & People: Colorado ski town gets a new MOB
NexCore Group was persistent in its quest to find a site, complete building By John B. Mugford The city of Avon, Colo., has about 7,000 residents and is in the heart of the Colorado Rockies, about 15 miles from Vail. These days, town officials and the mayor are praising the efforts of a national healthcare […]
Companies & People: New buyer finding MOBs
Everest made three purchases in its first few months By John B. Mugford The list of investors entering the medical office building (MOB) space keeps growing. One of the new players is New York-based Everest Medical Core Properties, which says it is focusing on acquiring MOBs, wellness centers and outpatient clinics. So far, the company […]
Longfellow Cambridge case study
A strong example of a life science biotech acquisitions and loan transaction By Erik Tellefson In my previous article, I shared the ins and outs of financing life science and biotechnology properties – an important and growing component of the healthcare real estate asset class. These buildings are in some ways similar to medical office […]
News Release: Maimonides Celebrates Topping-Off of New Medical Arts Building
New Facility at Maimonides Brings Multispecialty Practices Under One Roof Brooklyn, NY (September 20, 2016) – Maimonides recently celebrated the “topping-off” of its new Medical Arts Building with a special ceremony to mark the completion of the steel framework. The state-of-the-art facility is located on Ninth Avenue between 48th and 49th Streets, and is expected […]
News Release: Caddis setting a new standard with fifth Dallas/Fort Worth community
The national healthcare real estate firm is building an amenity-filled independent living, memory care and assisted living residence in Bedford FORT WORTH and DALLAS, Texas, Sept. 21, 2016 – About a month after the grand opening of Heartis® Arlington, three months after opening its popular Heartis Eagle Mountain community and a year after the grand […]
News Release: Just Closed – Mission Hospital Medical Office Portfolio
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Mission Hospital Medical Office Portfolio in Mission Viejo, California. Sale Date: August 12, 2016 Sale Price: $150,000,000 Price Per SF: $572 Portfolio Size: 262,429 SF Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce […]
News Release: Highwoods Properties Awarded Build-to-Suit in Richmond
$29M, 87,000 Square Foot Headquarters/Medical Office Building 100% Pre-Leased to Virginia Urology Raleigh, NC – September 13, 2016 – Highwoods Properties, Inc. (NYSE:HIW) today announced it has signed a long-term build-to-suit lease with Virginia Urology. Highwoods will develop an 87,000 square foot, three-story building that will serve as Virginia Urology’s headquarters and medical facility (MOB) […]
News Release: UCF Selects Hospital Corporation of America as Partner to Build Teaching Hospital
LAKE NONA, Fla., Sept. 13, 2016 – The University of Central Florida today selected Hospital Corporation of America, the nation’s largest hospital company, as its partner to build a proposed teaching hospital next door to the College of Medicine in Lake Nona. The new teaching hospital would be located adjacent to the College of Medicine […]
News Release: Skanska USA Signs Contract to Build New Hospital in New Jersey
New five story hospital building for Inspira Health Network underscores increasing demand for innovative construction methods in healthcare delivery Philadelphia, PA – Skanska USA has signed a contract with Inspira Health Network to build a new hospital building in Mullica Hill, New Jersey. This is the second major hospital contract Skanska USA has announced in […]
News Release: The Sanders Trust Acquires Three Texas-Based Inpatient Rehabilitation Hospitals Valued at $111.5 Million
Birmingham, Ala. – The Sanders Trust (TST), one of the nation’s leading healthcare real estate investment companies, announced its acquisition of the real estate associated with three inpatient rehabilitation hospitals in Austin, Dallas, and Houston, Texas totaling 191,800 square feet. Each of the inpatient rehab facilities is operated by affiliates of HealthSouth Corporation through longterm net […]
News Release: The Sanders Trust Acquires Three Texas-Based Inpatient Rehabilitation Hospitals Valued at $111.5 Million
Birmingham, Ala. – The Sanders Trust (TST), one of the nation’s leading healthcare real estate investment companies, announced its acquisition of the real estate associated with three inpatient rehabilitation hospitals in Austin, Dallas, and Houston, Texas totaling 191,800 square feet. Each of the inpatient rehab facilities is operated by affiliates of HealthSouth Corporation through longterm […]
News Release: Ventas Completes Acquisition of Wexford’s Life Science and Medical Real Estate
High-Quality Portfolio is Leased by Leading Universities, Academic Medical Centers and Research Companies Consistent with Ventas’s Strategy to Drive Reliable Income and Growth from Institutional Quality Tenants Establishes Growth Platform with Wexford Science & Technology, LLC, the Leading University-Focused Developer September 01, 2016 05:04 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” […]