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INPATIENT PROJECTS: Rochester Regional starts $260 million project; Raymond James advises on bond issuance

INPATIENT PROJECTS: Rochester Regional starts $260 million project; Raymond James advises on bond issuance

ROCHESTER, N.Y. – The Healthcare Finance Group of St. Petersburg, Fla.-based Raymond James (NYSE: RJF) recently served as the advisor to Rochester (N.Y.) Regional Health on its issuance of $151.95 million in tax-exempt revenue bonds.

INDUSTRY PULSE: REVISTA RELEASES FIRST TOP 50 METRO RANKINGS

INDUSTRY PULSE: REVISTA RELEASES FIRST TOP 50 METRO RANKINGS

The New York metro area is first in several categories, including total square footage The healthcare real estate (HRE) data firm Revista recently released its first-ever “Top 50 Metro Rankings Report for Medical Real Estate.” Here were the top 10 metros, ranked in order of the total number of medical properties:

ON THE RECORD: What attributes is your system looking for in a medical office building?

ON THE RECORD: What attributes is your system looking for in a medical office building?

“We’re looking for access and visibility… for more flexible space, so we have a nice grid we can manipulate as time goes by and things change. Definitely good accessibility for ADA and elderly patients.

INPATIENT PROJECTS: UNM governing board approves starting design work on first phase of new hospital

INPATIENT PROJECTS: UNM governing board approves starting design work on first phase of new hospital

ALBUQUERQUE, N.M. – The University of New Mexico (UNM) recently agreed to begin the design of a new UNM Health Sciences Center, the Albuquerque Journal reports.

INDUSTRY PULSE: MOB SALES HEADED FOR ANOTHER RECORD

INDUSTRY PULSE: MOB SALES HEADED FOR ANOTHER RECORD

RCA says that first-half sales topped $7.2B; JLL says $5.5B There’s a good chance that medical office building (MOB) sales in 2017 will top the all-time record. No matter who is compiling the data, it is clear that 2017 is on a record-setting pace after a remarkable first half of the year. Commercial real estate research firm Real Capital Analytics Inc. […]

INDUSTRY PULSE: DETAILS EMERGE ON CBRE GIP ACQUISITION

INDUSTRY PULSE: DETAILS EMERGE ON CBRE GIP ACQUISITION

RCA says the deal was slightly larger than first announced More details have emerged in the large medical office building (MOB) portfolio acquisition that was announced Aug. 16 by Los Angeles based CBRE Global Investment Partners (CBRE GIP), an independently operated affiliate of CBRE Group Inc. (NYSE: CBG).

ON THE RECORD: What is the outlook for medical real estate in the coming years?

ON THE RECORD: What is the outlook for medical real estate in the coming years?

“The steep increase in the 65+ population and anticipated greater need for in-office physician services by this group signals a continued increase in demand for healthcare services and medical office space in the years ahead.” 

INPATIENT PROJECTS: Work begins for $550M med center

INPATIENT PROJECTS: Work begins for $550M med center

SSM Health is replacing the current Saint Louis University Hospital in St. Louis By Connie M. McCaffrey The future of medicine and health education recently began looking even brighter for the St. Louis region. Ground has been officially broken on the new $550 million, 316-bed SSM Health Saint Louis University Hospital and Ambulatory Care Center in St. Louis. The 802,000 square foot […]

OUTPATIENT PROJECTS: Mercy Health-Toledo begins developing $56.3 million hospital, surgical center and MOB

OUTPATIENT PROJECTS: Mercy Health-Toledo begins developing $56.3 million hospital, surgical center and MOB

TOLEDO, Ohio – Mercy Health-Toledo recently broke ground on a new $56.3 million, 101,000 square foot hospital, surgical center and medical office building (MOB), according to the local Toledo Blade newspaper The new facility will be built in Perrysburg, about 11 miles southwest of Toledo, and will feature primary and specialty care under one roof.

OUTPATIENT PROJECTS: NCH Healthcare System plans to develop 41,000 square foot FED in Estero, Fla., north of Naples

OUTPATIENT PROJECTS: NCH Healthcare System plans to develop 41,000 square foot FED in Estero, Fla., north of Naples

ESTERO, Fla. – Naples, Fla.-based NCH Healthcare System plans to develop a two-story, 41,000 square foot freestanding emergency department (FED) in Estero, about 25 miles north, according to the local Naples Daily News newspaper.

OUTPATIENT PROJECTS: UPMC unveils one medical mall near Philadelphia and is eyeing the development of more

OUTPATIENT PROJECTS: UPMC unveils one medical mall near Philadelphia and is eyeing the development of more

HAMPTON TOWNSHIP, Pa. – As University of Pittsburgh Medical Center (UPMC) officials unveiled a new $19 million, 44,000 square foot medical mall in Hampton Township in August, they said the project will be only the start of a push into northeastern Allegheny County, Pa.

OUTPATIENT PROJECTS: New federal law clears the way for Portland, Maine, VA facility to move ahead with expansion

OUTPATIENT PROJECTS: New federal law clears the way for Portland, Maine, VA facility to move ahead with expansion

PORTLAND, Maine — In more VA news, a new federal law has cleared the way for the start of a long delayed expansion of a VA outpatient health center in Portland.

OUTPATIENT PROJECTS: VA opens new $38 million, 86,363 square foot outpatient clinic near South Bend, Ind.

OUTPATIENT PROJECTS: VA opens new $38 million, 86,363 square foot outpatient clinic near South Bend, Ind.

MISHAWAKA, Ind. — The U.S. Department of Veterans Affairs was scheduled in mid-September to open its new 86,363 square foot VA-South Bend Outpatient Clinic in Mishawaka, which abuts South Bend in the northern part of the state.

OUTPATIENT PROJECTS: NYU Langone Hospital-Brooklyn plans $83.7 million ASC to handle less complex surgeries

OUTPATIENT PROJECTS: NYU Langone Hospital-Brooklyn plans $83.7 million ASC to handle less complex surgeries

BROOKLYN, N.Y. – A Certificate of Need (CON) application filed with the New York State Department of Health reveals that NYU Langone Hospital-Brooklyn (formerly NYU Lutheran Medical Center), plans to build a $83.7 million ambulatory surgery center (ASC) at 5610 Second Ave. in Brooklyn.

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News Release: Florida Orthopaedic Institute leases 29,000-square-foot space in new medical office building in Tampa area

Construction started Oct. 24 on 53,000-square-foot building being developed by Ryan Companies TAMPA, Fla. (October 25, 2017) – Florida Orthopaedic Institute has leased a 29,000-square-foot clinical suite in Brandon Gateway Medical Plaza, a 53,000-square-foot multi-tenant medical office building being developed in Brandon by Ryan Companies. Ryan Companies, which is also the architect and contractor of the project, broke […]