Outpatient Projects: Construction is topped out for future $260 million, on-campus MOB in Newark, Del.
Newark, Del. – An Aug. 15 topping out ceremony marked the placement of the final steel beam on the future $260 million Center for Women and Children’s Health building on the campus of
Transactions: Capital One was top HRE loan arranger in first half of ‘18, according to Thomson Reuters
Bethesda, MD – In more news from Capital One, the firm reports that its healthcare unit was the highest-ranked lead arranger of healthcare leveraged loans by deal count in every category up to $1 billion in the first half of 2018, according to data compiled by
Companies & People: The reinvention of Anchor Health
HRE developer is building on past success to transform and grow the company By John B. Mugford If ever a company presented a case study on how to build upon a longstanding, strong brand name while reinventing itself to become one of the fastest-growing firms in its industry, it is Anchor Health Properties.
Transactions: Montecito Medical pays $14.4 million for Phoenix MOB anchored by retinal group
Phoenix – In more news from Montecito Medical Real Estate, the firm recently paid $14.4 million for the flagship MOB of one of Arizona’s “leading ophthalmology practices.” In making its 11th
Companies & People: Matt Bremner joins Bremner Real Estate as SVP of operations; was formerly with Duke Realty
Indianapolis – A familiar name has joined the Indianapolis-based HRE firm Bremner Real Estate. Matt Bremner, son of company founder Jim Bremner, is the company’s SVP of operations, a role
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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