Archives by date

You are browsing the site archives by date.

Finalists: Best New Mob - Women’s Care Florida Women’s Health Center, Tampa, Fla

Finalists: Best New Mob – Women’s Care Florida Women’s Health Center, Tampa, Fla

  Developer: NexCore Group LLC The new facility will allow WCF to enhance patient satisfaction with a conveniently located, patient-centered, one-stop care center. WCF will be able to see about 30 percent more patients in its new space because of the efficient programming and design achieved by the NexCore team.

Finalists: Renovated/Repurposed - Spectrum Health Integrated Care Campus, Grand Rapids, Mich.

Finalists: Renovated/Repurposed – Spectrum Health Integrated Care Campus, Grand Rapids, Mich.

 Developer: Spectrum Health The new downtown Grand Rapids integrated care campus opened in June. It houses two internal medicine and pediatrics primary care practices formerly located elsewhere in the city, and other services including occupational health and rehab. There is a new main lobby/ reception area and waiting room, as well as a radiology/X ray […]

Post-Acute & Senior Living: Developer proposes senior campus to replace office in Westchester County, N.Y.

Post-Acute & Senior Living: Developer proposes senior campus to replace office in Westchester County, N.Y.

                  RYE BROOK, N.Y. – A local developer has proposed to raze a mostly vacant office building on a 17.3-acre site in Rye Brook to make way for a 269-unit senior housing campus with townhouses, apartments and assisted living units, according to the local Westchester County Business […]

Capital Markets: Spotlight on Cypress West Partners

Capital Markets: Spotlight on Cypress West Partners

Chris Cumella reviews the MOB market, their place in it and recent deals By Erik Tellefson In this month’s “Spotlight on” feature we are continuing to focus on private medical office building (MOB) investors, and discussing the overall market and some recent transactions with Chris Cumella of Rancho Santa Margarita, Calif.-based Cypress West Partners (CWP).

Hot Property: A small gem in the San Gabriel Valley

Hot Property: A small gem in the San Gabriel Valley

Fully occupied MOB in West Covina, Calif., is within two miles of 238 restaurants Name: West Covina Medical Square Address: 1500 block W. Garvey Ave. N. West Covina, Calif. No. of buildings: 2,  Square feet: 22,564 Occupancy: 100 percent,  Number of tenants: Five Avg. remaining lease term: 4.79 years Brokerage: CBRE SoCal Investment Properties Brokers: Gary P. Stache, […]

Finalists: HRE Executive of the year

Finalists: HRE Executive of the year

John S. Trabold III Managing Director, Director of Health Services, VMG Health A respected expert in the healthcare real estate (HRE) sector for more than 30 years, especially in Stark and Anti- Kickback, valuation and Fair Market Value,

Companies & People: Hammes Company hires former health system director of design and construction

Companies & People: Hammes Company hires former health system director of design and construction

 In more news from Hammes Company, the Brookfield-based firm has hired a health system executive as part of its Columbus, Ohio, office. Douglas Coover, previously the director of director of design and construction at a four-hospital East Coast system, joined Hammes as VP of facility development.

Finalists: Best New Mob - UPMC Outpatient Center, Allison Park, Pa.

Finalists: Best New Mob – UPMC Outpatient Center, Allison Park, Pa.

Developer: University of Pittsburgh Medical Center Described by UPMC officials as “a hospital without beds,” the UPMC Outpatient Center in Hampton Township opened in August 2017.

Post-Acute & Senior Living: Caddis’ Heartis brand continues its Midwest expansion with a senior project in Wisconsin

Post-Acute & Senior Living: Caddis’ Heartis brand continues its Midwest expansion with a senior project in Wisconsin

    GLENDALE, Wis. – Dallas-based Caddis, under its Heartis brand, has started the development of its project in Wisconsin. The 105 unit, 96,770 square foot Heartis Village North Shore, in the Milwaukee suburb of Glendale, is expected to open in early 2019.

Finalists: HRE Executive of the year

Finalists: HRE Executive of the year

James A. Schmid III Chief Investment Officer, Anchor Health Properties Since joining Anchor Health Properties mid-2016, James Schmid has taken charge of the firm’s sourcing, investment analysis, investments and acquisitions.

Companies & People: NexCore Group hires two design and construction veterans during a time of growth

Companies & People: NexCore Group hires two design and construction veterans during a time of growth

 Denver-based NexCore Group recently hired design and construction veterans Rob Stieg and Kyle Robbins.

Post-Acute & Senior Living: Select Medical to open LTACH inside Missouri Baptist Medical Center in St. Louis

Post-Acute & Senior Living: Select Medical to open LTACH inside Missouri Baptist Medical Center in St. Louis

ST. LOUIS – Mechanicsburg, Pa.-based Select Medical Corp. (NYSE: SEM) recently announced that it will reconfigure space and open a long-term acute care hospital (LTACH) inside Missouri Baptist Medical Center in St. Louis.

Finalists: Best New Mob - Good Samaritan Medical Pavilion, Los Angeles

Finalists: Best New Mob – Good Samaritan Medical Pavilion, Los Angeles

Developer: Good Samaritan Hospital Due to the project’s scale, the city directed plan review to OSHPD’s Sacramento office, which lengthened the project schedule. To offset time for additional scrutiny, the team coordinated with multiple city agencies for off-hours inspections. A new surgery center nearly doubles Good Sam’s outpatient surgical capacity and includes operating rooms large […]

Finalists: Best New Mob - Ochsner Medical Complex - River Parishes, La Place, La.

Finalists: Best New Mob – Ochsner Medical Complex – River Parishes, La Place, La.

  Developer: Stirling Properties When Ochsner Health System took over the aging 106-bed River Parishes Hospital in 2014, it had a 90 percent vacancy rate.

Post-Acute & Senior Living: Brea, Calif., approves plans for two-story, 29,500 sq. ft. Silverado memory care community

Post-Acute & Senior Living: Brea, Calif., approves plans for two-story, 29,500 sq. ft. Silverado memory care community

BREA, Calif. – The Brea Planning Commission recently voted 5-0 to approve a conditional use permit clearing the way for Irvine, Calif. based Silverado Residential Care to develop a two-story, 39-unit, 29,448 square foot residential memory care facility.