Outpatient Projects: Loma Linda Children’s starts 12,000 square foot outpatient clinic near Palm Springs, Calif.
INDIO, Calif. – By late 2017, the city of Indio, just south of Palm Springs, will be home to what local officials say is a much needed pediatric outpatient center.
Outpatient Projects: Korte Co. to begin work soon on $15 million outpatient heath center in far southeastern Utah
MONTEZUMA CREEK, Utah – Construction is slated to begin soon on a $15 million, 51,576 square foot outpatient health center for Utah Navajo Health System in rural Montezuma Creek, the educational center for about 500 Navajos living in the area.
Outpatient Projects: Triad plans new MOB in Atlanta area
Project is proposed near medical campus in growing Alpharetta, Ga., community By John B. Mugford If there was a hot site to develop a new medical office building (MOB) in Alpharetta, Ga., a growing community about 25 miles north of Atlanta, it would undoubtedly be near: Avalon, a still-emerging 86-acre live-work community; The large Northside/Alpharetta […]
Inpatient Projects: Behavioral facility set near Cincy
With demand growing in northern Kentucky, local, national group working on facility By John B. Mugford While many healthcare industry observers believe that the number of general inpatient hospital beds will continue to fall in the years to come, they note that demand for behavioral medical services, as well as the number of beds needed […]
Inpatient Projects: CHI Franciscan plans $530 million replacement campus in Silverdale, Wash.
SILVERDALE, Wash. – Tacoma, Wash.-based CHI Franciscan Health recently filed a Certificate of Need (CON) application with the state for a future $530 million hospital campus in Silverdale, a community of about 20,000 residents on the Olympia Peninsula just west of Bainbridge Island.
Inpatient Projects: Aurora Health now plans replacement in Sheboygan, Wis., an hour north of Milwaukee
SHEBOYGAN, Wis. – Milwaukee-based Aurora Health Care’s big construction plans for a site next to its 136-bed Memorial Medical Center in Sheboygan, about an hour north of Milwaukee, have grown significantly.
Inpatient Projects: Behavioral facility set near Cincy
With demand growing in northern Kentucky, local, national group working on facility By John B. Mugford While many healthcare industry observers believe that the number of general inpatient hospital beds will continue to fall in the years to come, they note that demand for behavioral medical services, as well as the number of beds needed […]
Inpatient Projects: Inspira Health completes project team for $300M replacement in New Jersey
MULLICA HILL, N.J. – The design and construction team has come together for Mullica Hill-based Inspira Health Network’s future $300 million replacement hospital in its home town, about 25 miles south of Philadelphia. The five-story, 350,000 square foot hospital will have 180 private beds on a 100-acre site adjacent to Rowan University.
Inpatient Projects: Texas Health Resources reopens Forest Park hospital as orthopedics facility
FORT WORTH, Texas – Arlington, Texas-based Texas Health Resources (THR) recently reopened the former 54-bed Forest Park Fort Worth as an upscale orthopedics hospital focusing on joint replacements and rehabilitation.
Inpatient Projects: Roper St. Francis moving forward on new hospital outside of Charleston, S.C.
SUMMERVILLE, S.C. – After nearly eight years of legal battles, Charleston, S.C.-based Roper St. Francis has started the design phase for its future $113 million hospital campus in Summerville, northwest of Charleston in growing lower Berkeley County.
Inpatient Projects: Children’s Hospital in Omaha starts four-year, $450 million expansion project
OMAHA, Neb. – Children’s Hospital & Medical Center recently broke ground for a $450 million, 10-story, 500,000 square foot clinical facility that will include more than 70 inpatient beds and space for future expansions.
Post-Acute & Senior Living: Occupancy not so bad after all
NIC says senior housing sector looks to have stabilized, for now, despite fears By John B. Mugford Despite concerns about overbuilding and low occupancies, the senior housing market looks to be holding up rather well, especially the independent living sector, according to third quarter (Q3) 2016 data from Bethesda, Md.-based National Investment Center for Seniors […]
Post-Acute & Senior Living: Green Courte Partners targeting up to $1.5 billion of senior and other real estate with new fund
CHICAGO – Chicago-based Green Courte Partners LLC, a private equity investment firm targeting niche real estate sectors, announced Dec. 20 that it had closed on its fourth investment fund, Green Courte Real Estate Partners IV LLC.
Industry Pulse: Rate Hikes Unlikely to Have Big Impact on HRE
Sector sources say that slightly higher capital costs will probably do little to cool the market At the Federal Reserve’s Dec. 14 policy meeting, the central bank voted unanimously to increase the federal funds rate by 25 basis points, to 0.75 percent. With growing optimism about the U.S. economy, the Fed also signaled that three […]
Capital Markets: Financing equity recaptures
How deals are structured when assets are worth more than the debt that’s in place By Erik Tellefson In this column we’ve primarily discussed how various asset classes, including medical office building and laboratory and biotechnology properties, are financed. Today I’ll be sharing the second article in a series which describes various types of financing […]
