Industry Pulse: On the record
Is telehealth having much effect on your real estate strategy? “For growth, it’s minor because you don’t need a lot of … space for telehealth… I would personally like to see the growth model in my own marketplace (Southern California) on the ASC development and MOB development… I think the opportunity for growth is still […]
Companies & People: Catalyst HRE opens an office in Milwaukee, hires Anthony Lampasona and Elisha Pacheco
Milwaukee – Pensacola, Fla.-based Catalyst Healthcare Real Estate,which owns a portfolio in the Midwest, is opening a new office in Milwaukee to continue its growth there. Leading the office
Transactions: Everest acquires Rendina portfolio
Firm pays $108.2 million for 10 MOBs in five states; JLL represented the seller By John B. Mugford As large and often institutional investors look to acquire medical office buildings (MOBs), they are typically attracted to portfolios, which help them add immediate scale. They’re usually not interested in just any portfolio, either. They tend to […]
Outpatient Projects: St. Elizabeth to anchor 65,000 square foot MOB in Northern Kentucky University project
Highland Heights, KY – More details have emerged concerning Northern Kentucky University’s planned $112.6 million Town Center project at Nunn Drive and U.S. 27 in Highland Heights, a
Industry Pulse: On the Record
What is your view on the healthcare industry’s ongoing consolidation? “Healthcare’s a business and consolidation tends to drive margins. But at the end of the day, it’s still about taking care of the patient and it’s about quality… So while I believe that we’re going to see
October 2018 PDF
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Cover Story: Who’s the biggest?
The country’s reigning king of medical real estate ownership, Oakland, Calif.-based Kaiser Permanente, continues to grow its portfolio and strengthen its hold on the crown. For the fifth year in a row, Kaiser Permanente sat atop the annual “Top 50 Owners of Medical Real Estate” report compiled by Arnold, Md.- based Revista, a five-year-old firm […]
Outpatient Projects: Rush University Medical Center in Chicago plans 11-story, 530,000 square foot MOB
Chicago – Rush University Medical Center recently applied for a Certificate of Need (CON) to build an 11-story, 530,000 square foot outpatient care center on its main campus on Chicago’s Near West
Outpatient Projects: Optimal Outcomes starts 46,000 square foot MOB in planned community in Sarasota, Fla.
Sarasota, FL – A future MOB is underway in one of the country’s fastest growing planned communities, Lakewood Ranch, which is home to 30,000 residents and 14,000 jobs. St. Petersburg, Fla.-
October 2018
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Inpatient Projects: La Porte (Ind.) Hospital breaks ground for new $125 million facility
LA Porte, Ind. – La Porte Hospital broke ground Aug. 25 for a new hospital to be built during the next two years. The planned $125 million, 200,000 square foot facility is to be the first hospital to be
Inpatient Projects: Sutter Health opens new $538 million California Pacific Medical Center (CPMC) Mission Bernal
San Francisco – Sutter Health opened its $538 million California Pacific Medical Center (CPMC) Mission Bernal campus hospital in San Francisco’s Mission neighborhood Aug. 25. The 120- bed,
Outpatient Projects: Cancer treatment, research center opens in new $80 million MOB in Torrance, Calif
Torrance, CA – A new freestanding, 25,000 square foot cancer center that offers a wide array of treatments and conducts clinical trials opened in Torrance on Monday. The City of Hope | South Bay
Outpatient Projects: Spec project beating the odds in L.A.
After building one successful MOB, partners now plan to add 98,000 square feet By John B. Mugford When two local firms decided to pursue the development of a speculative medical office building (MOB) on the edge of downtown Los Angeles about three years ago, their proposal raised eyebrows nationwide. Spec MOB development had gotten a […]
Companies & People: CBRE Healthcare adds to its service offerings by acquiring HRE advisor Noveen Consulting
Los Angeles – Los Angeles-based CBRE Group Inc. (NYSE: CBRE) has added to its healthcare service offerings by acquiring Louisville, Ky.-based Noveen Consulting, a firm focused on improving
