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COMPANIES & PEOPLE: Ryan Companies grows healthcare practice by adding two experienced architects

COMPANIES & PEOPLE: Ryan Companies grows healthcare practice by adding two experienced architects

MINNEAPOLIS – Ryan A+E Inc., the architectural and engineering practice of Minneapolis based Ryan Companies, has hired two architects focused on healthcare. Alena (Sakalouski) Johnson joins the team as director of architecture, healthcare for Ryan A+E and leads the day-to-day operations of the healthcare design team.

COMPANIES & PEOPLE: Lillibridge Healthcare Services’ Ian Hughes receives BOMA regional member of the year award

COMPANIES & PEOPLE: Lillibridge Healthcare Services’ Ian Hughes receives BOMA regional member of the year award

NASHVILLE, Tenn. – The Building Owners and Managers Association (BOMA) International honored Ian Hughes of Lillibridge Healthcare Services Inc. and three other members with a Regional Member of the Year Award during the 2017 BOMA International TOBY Awards in late June in Nashville.

COMPANIES & PEOPLE: Alvaro Rizo-Patron joins Hammes Company as regional VP at the firm’s new San Antonio office

COMPANIES & PEOPLE: Alvaro Rizo-Patron joins Hammes Company as regional VP at the firm’s new San Antonio office

SAN ANTONIO – Alvaro Rizo-Patron recently joined Brookfield, Wis.-based Hammes Company’s growing Texas operations as regional VP. Mr. Rizo-Patron, a building/infrastructure professional, works in company’s new office in San Antonio, which adds to the firm’s offices in Dallas and Houston.

COMPANIES & PEOPLE: Anchor Health lands 300,000 square foot management portfolio near Philadelphia

COMPANIES & PEOPLE: Anchor Health lands 300,000 square foot management portfolio near Philadelphia

WILMINGTON, Del. – Wilmington-based Anchor Health Properties, a long-time healthcare real estate (HRE) developer that has expanded its platform in the last couple of years, announced July 7 that it was chosen to provide property management and leasing services for a large medical office portfolio in Chester County, Pa., outside of Philadelphia.

ON THE RECORD: What are your thoughts as you transition into a new role with Ventas?

ON THE RECORD: What are your thoughts as you transition into a new role with Ventas?

“This is another inflection point in my journey in the world of healthcare real estate, and I look forward to supporting the transition and to working closely with the Ventas and Lillibridge teams to continue leveraging our success, I am proud of what we accomplished over the past 25+ years, and I want to express my sincere thanks to the people who have helped me build this great company.” 

Christus Santa Rosa Medical Center Tower II
was one of the acquisitions.
Photo courtesy of Ackerman & Co.

INDUSTRY PULSE: TRIO ACQUIRES SAN ANTONIO MOB PACKAGE

Investors plan to make $27M in capital improvements A trio of firms focused on healthcare real estate (HRE) in August closed on the acquisition of portfolio of four large medical office buildings (MOBs) on hospital campuses in the San Antonio market. The partnership comprises: Bostonbased MLL Capital; Chevy Chase, Md.- based Artemis Real Estate Partners; and Atlanta-based Ackerman & Co., which will provide property management […]

COMPANIES & PEOPLE: Five questions for John Thomas

COMPANIES & PEOPLE: Five questions for John Thomas

Physicians Realty Trust CEO credit relationships for recent flurry of acquisitions By John B. Mugford Coming off a remarkable 2016 in which Milwaukee-based Physicians Realty Trust (NYSE: DOC) acquired about $1.3 billion worth of healthcare facilities, mostly medical office buildings (MOBs), officers with the real estate investment trust (REIT) indicated they were not likely to keep up with such a pace in 2017. […]

POST-ACUTE & SENIOR LIVING: Caddis acquires site, plans to develop 105-unit senior housing facility near Milwaukee

POST-ACUTE & SENIOR LIVING: Caddis acquires site, plans to develop 105-unit senior housing facility near Milwaukee

GLENDALE, Wis. – Dallas-based Caddis recently acquired a 12-acre acre parcel in Glendale, just north of Milwaukee, for the development of a 105-unit senior living complex, according to an article in Milwaukee Biz Times.

POST-ACUTE & SENIOR LIVING: Construction is complete on $120 million CCRC in Playa Vista area of Los Angeles

POST-ACUTE & SENIOR LIVING: Construction is complete on $120 million CCRC in Playa Vista area of Los Angeles

LOS ANGELES – Pasadena, Calif.-based C.W. Driver Cos. recently completed construction on the $120 million Fountainview at Gonda Westside, a 460,000 square foot continuing care retirement community (CCRC) in the Playa Vista neighborhood of Los Angeles.

POST-ACUTE & SENIOR LIVING: Work starts on $60 million rehabilitation, skilled nursing facility in White Plains, N.Y.

POST-ACUTE & SENIOR LIVING: Work starts on $60 million rehabilitation, skilled nursing facility in White Plains, N.Y.

WHITE PLAINS, N.Y. – Ground was broken in early September for the future $60 million White Plains Institute for Rehabilitation & Healthcare facility at Baker Avenue and Church Street in White Plains.

One of Welltower’s acquisitions was Cedar
Park (Texas) Medical Building C.
Photo courtesy of HTH Capital

INDUSTRY PULSE: WELLTOWER MADE BIG Q2 MOB ACQUISITIONS

The REIT racked up $292M in acquisitions, developments Though not quite on HTA’s scale, Welltower Inc. (NYSE: HCN) was another big buyer during Q2. The Toledo, Ohiobased REIT made total investments of $292 million during the quarter, according to a news release detailing the firm’s most recent quarterly results. Welltower officials also provided highlights from Q2 during an earnings call with analysts on […]

POST-ACUTE & SENIOR LIVING: Novant, HealthSouth break ground on $28.3 million rehab hospital in Winston-Salem, N.C.

POST-ACUTE & SENIOR LIVING: Novant, HealthSouth break ground on $28.3 million rehab hospital in Winston-Salem, N.C.

WINSTON-SALEM, N.C. – Construction is underway on a future $28.3 million rehabilitation hospital at 2475 Hillcrest Center Circle in Winston-Salem.

ON THE RECORD: Why did your MOB portfolio perform better during the second quarter?

ON THE RECORD: Why did your MOB portfolio perform better during the second quarter?

Doctors are a little more comfortable staying where they are and they’re signing a little more longer-term on their leases.

POST-ACUTE & SENIOR LIVING: New rehab concept hits the market

POST-ACUTE & SENIOR LIVING: New rehab concept hits the market

Mainstreet to open at least 12 Rapid Recovery Centers by the end of 2019 By John B. Mugford A new concept in post-acute rehabilitation is in the midst of hitting the market. Carmel, Ind.-based Mainstreet Health Investors has already opened two of its Rapid Recovery Centers, with eight more scheduled to open between now and 2019. The facilities that opened […]

INPATIENT PROJECTS: Amita Health plans $43 million project at hospital in La Grange, Ill., outside Chicago

INPATIENT PROJECTS: Amita Health plans $43 million project at hospital in La Grange, Ill., outside Chicago

LA GRANGE, Ill. – Arlington Heights, Ill.-based Amita Health is planning a $43 million project to expand its Amita Health Adventist Medical Center in La Grange, according to the Chicago Tribune.