FOR IMMEDIATE RELEASE
Healthcare Real Estate Insights™ presents awards to the 2019 winners of the only comprehensive national program recognizing excellence in healthcare real estate
MINNEAPOLIS, Dec. 4, 2019 – Healthcare Real Estate Insights™ magazine has announced the Winners of the 2019 HREI Insights Awards™, the only national awards dedicated to recognizing excellence in the areas of healthcare real estate (HRE) development and executive leadership.
The 2019 awards were presented in nine different categories during the GlobeSt Healthcare Conference today in Scottsdale, Ariz.
The awards are presented by HREI, the first and only print and digital magazine entirely devoted to covering HRE development, financing and investment.
“We are proud that even after seven years, the HREI Insights Awards program continues to be very prestigious with sought-after awards” says HREI Publisher Murray Wolf. “It’s been a real pleasure celebrating the remarkable achievements of a select group of healthcare real estate professionals through this awards program.”
The 2019 HREI Insights Awards are made possible through the generous support of its Sponsors:
■ Capital One CapitalOne.com/Commercial/Healthcare
■ Anchor Health Properties AnchorHealthProperties.com
■ Caddis Caddis.com
■ Davis DavisHRE.com
■ GlobeSt Healthcare Real Estate Event.Globest.com/Healthcare
■ NexCore Group NexCoreGroup.com
■ Welltower Welltower.com
■ American Healthcare Investors AmericanHealthcareInvestors.com
■ Bremner Real Estate BremnerRealEstate.com
■ Fidelis Healthcare Partners FRPLtd.com
■ Healthcare Trust of America Inc. HTAREIT.com
■ Lincoln Harris CSG LincolnHarrisHealthcare.com
■ MedProperties Group MedPropertiesGroup.com
■ MedProperties Realty Advisors MedPropertiesLP.com/
■ PMB PMBLLC.com
■ Rendina Rendina.com
■ RTG (Realty Trust Group) RealtyTrustGroup.com
■ Winstead Winstead.com/Practices/Healthcare/Healthcare-Facilities-Real-Estate
The 2019 Winners and Finalists will be featured in upcoming editions of HREI magazine, the HREI weekly e-newsletter, the 2020-21 HREI Resource Guide™ and on HREInsights.com.
HREI Insights Awards™ 2019 Winners
Best New Medical Office Buildings and Other Outpatient Facilities (Less than 25,000 square feet):
Prime Surgical Suites at RiverCrest Medical Park, Granite Falls, N.C.
Developer: Flagship Healthcare Properties
The client wanted to address the growing need for outpatient orthopedic care in Caldwell County. The team used full-size to-scale mockups during the schematic design phase to provide the design team informed feedback from surgeons and nurses. By holding stakeholders accountable for design decisions, Flagship was able to save time and reduce change orders during construction. First of its kind in the region, Prime Surgical Suites brings highly specialized care to the community and saves patients time and money by enabling them to have same-day procedures instead of being admitted to a hospital for overnight or longer stays.
■ CentraCare Clinic Albany, Albany, Minn., CentraCare Health
■ Millenia ER, Orlando, Fla., HCA Healthcare
■ Modesto Outpatient Dialysis Clinic, Modesto, Calif., Meridian
■ Summit Healthcare Ambulatory Surgery Center, Show Low, Ariz., NexCore Group LLC
Best New Medical Office Buildings and Other Outpatient Facilities (25,000 to 49,999 square feet):
Clinicas de Salud del Pueblo, El Centro, Calif.
Clinicas is located in an underserved, low-income county that ranks 57th out of 57 California counties for health factors, with a severe shortage of healthcare providers. PMB determined that Clinicas had limited access to conventional funding sources because of its Federally Qualified Health Center structure. PMB received a Qualified Equity Investment allocation through the Federal New Markets Tax Credit program, and Clinicas used 100 percent of this to fund fixtures, furniture and equipment in the new facility. The clinic has enabled Clinicas to offer new healthcare services and increase patient capacity by 85 percent.
■ CHI St. Francis Cancer Treatment Center, Grand Island, Neb., NexCore
■ Frisco Medical Pavilion, Frisco, Texas, Caddis
■ Goodman Campbell Brain and Spine, Carmel, Ind., Cornerstone Cos.
■ Rothman Medical Building, Sewell, N.J., Atkins Cos.
Best New Medical Office Buildings and Other Outpatient Facilities (50,000 to 99,999 square feet):
Bristol Health Medical Care Center, Bristol, Conn.
The city of Bristol and Bristol Health created a plan for the hospital to secure part of the land where the Bristol Centre Mall previously sat for a new MOB. Rendina secured and guaranteed a construction loan to deliver the project, and collaborated with the city and Bristol Health on a design that blends medical and retail streetscape architectural elements, creating an inviting atmosphere for physicians and patients. In addition to providing affordable, accessible healthcare to the community, the new facility is expected to help rejuvenate downtown Bristol and attract additional future retail and residential developments.
■ Anna Shaw Children’s Institute, Dalton Ga., Realty Trust Group
■ Brandon Gateway Medical Plaza, Brandon, Fla., Ryan Cos.
■ Doylestown Health Ambulatory Center, Doylestown, Pa., Anchor Health Properties
■ Texas Health Professional Building II, Fort Worth, Texas, MedCore Partners
Best New Medical Office Buildings and Other Outpatient Facilities (100,000 square feet or more):
1100 Van Ness, San Francisco
Sutter Health officials determined they needed to reconfigure their entire San Francisco patient delivery footprint to meet the demands of the changing healthcare industry and comply with California seismic building codes. Sutter Health developed a master plan that included a new hospital and MOB. When PMB was selected to develop the new MOB, the design was substantially complete. However, PMB was still able to save $2 million and cut two months from the construction schedule. The new master plan and MOB are allowing Sutter and other tenants in the facility to consolidate multiple services and offices and increase efficiency.
■ Aurora Health Care ASC & MOB, Greenfield, Wis., Cobalt Partners
■ BayCare’s HealthHub at Bloomingdale, Valrico, Fla., BayCare Health Systems
■ Hedwig Place, Houston, Stream Realty
■ 1091 Main Street, Buffalo, N.Y., Ellicott Development
Best Renovated or Repurposed Healthcare Facility:
Goodyear Medical Plaza, Goodyear, Ariz.
Sutter Health officials determined that they needed to reconfigure their entire San Francisco patient delivery footprint to meet the demands of the changing healthcare industry and to comply with California seismic building codes. Sutter Health developed a master plan that included a new hospital and MOB. When PMB was selected to develop the new MOB, the project design was substantially complete. However, PMB was able to re-engineer the structural system to improve the floor layout, save $2 million, and cut two months from the construction schedule. The new master plan and MOB are allowing Sutter and other private practice tenants in the facility to consolidate multiple services and offices, thereby decreasing their overall footprint and increasing operational efficiency.
■ Ascension Wisconsin Shorewood Clinic, Shorewood, Wis., Ascension Wisconsin
■ Fletcher Parkway Medical Center, La Mesa, Calif., Anchor Health Properties
■ Plymouth Medical Building, Plymouth, Minn., Davis
■ Torrance Medical Office Building, Torrance, Calif., Meridian
Hospitals and Other Inpatient Facilities Best New Ground-Up Development:
Stanford Hospital, Palo Alto, Calif.
Developer: Stanford Hospital
Stanford Hospital needed to accommodate new technology, meet updated seismic-safety requirements and transform patient care. The new facility adds 824,000 square feet, including 368 additional larger, private rooms, and expanded ICU and ER services. The capacity of its Level 1 Trauma Center – the only one between San Francisco and San Jose – has doubled. Glass-panel walls on upper floors facilitate more natural light, and a parking structure accommodates 900 vehicles. The LEED-based building sits on 206 “base isolators” designed to act as veritable roller skates, allowing the building to withstand an 8.0 magnitude earthquake.
■ Atlantic Rehabilitation Institute, Madison, N.J., Bremner Real Estate
■ INTEGRIS Community Hospital Network, Oklahoma City area,NexCore Group
■ Our Lady Of The Lake Children’s Hospital, Baton Rouge, La., Our Lady Of The Lake Hospital
■ UPMC Pinnacle Memorial Hospital, York, Pa., UMPC Pinnacle Memorial Hospital
Post-Acute & Senior Living Facilities Best New Ground-Up Development:
Heartis Village Brookfield, Brookfield, Wis.
Brookfield city officials were wary of the Heartis project because the public opposed multi-family housing and didn’t understand the difference between multi-family and senior housing. Caddis met with city staff to educate them on how senior living differs from multi-family; demonstrated a need for more senior living options in the community; and explained how senior living improves residents’ quality of life. Despite the city telling Caddis that the project would be an uphill battle, it passed the approval process with full city support and no public opposition. The city requires residential developers to dedicate a portion of their land for a public park but exempts senior housing. So even though Caddis wasn’t required to do so, it donated a 2.9-acre parcel of land from the original site to the city to create a new public park.
■ Aspire at Carriage Hill, Richmond, Va., Bonaventure Realty Group
■ Independence Apartments, Chicago, Evergreen Real Estate Services
■ Summit Assisted Living, Lakewood, Colo., Eaton Senior Communities
■ Tammen Hall, Denver, MGL Partners and Solvera Advisors
Healthcare Real Estate Executive of the Year:
Greg Venn, NexCore Group
NexCore was founded on Greg Venn’s passion for innovation, growing from 18 to 95 people and one office to eight nationwide. He inspires entrepreneurial thinking and collaboration among all stakeholders on a project, driving peak performance. His balance of vision, diverse sensibility and meticulous attention to detail provides an innate proficiency to identify sustained improvement. Encouraging unconventional thinking, Mr. Venn inspires a culture of continual learning. His recent sustainability plan transitioned the firm’s next core leadership team, ensuring their influence on the HRE landscape and senior living communities.
■ Chip Conk, Montecito
■ Keith Konkoli, Welltower
■ Benjamin Ochs & James Schmid, Anchor Health Properties
■ Joseph (Joe) Shull, Flagship Healthcare Properties
Lifetime Achievement Award:
David R. Emery, Healthcare Realty Trust
David R. Emery led the team that founded Healthcare Realty Trust, the first real estate investment trust specializing in medical office buildings. Founded in 1992, the company was listed on the New York Stock Exchange in May 1993 in an initial public offering with 21 properties. Over the next 25-plus years, Mr. Emery guided the company’s growth, and it now boasts 282 employees and 200 properties valued at $5.7 billion. After graduating from Tennessee Technological University with a Bachelor’s Degree in business administration, Mr. Emery spent the next 50 years with a professional focus on real estate. His first job was with the Nashville firm R.A. McDowell, buying and selling land along the interstate highway system. His first development project was a high-rise apartment building and he then went on to develop other properties, including office buildings and the 27-story Nashville City Center office tower. In the early 1970s, he worked with architect Robert Anderson to design two modern homes, one of which was featured in Southern Living magazine. Personal construction projects included everything from the renovation of a 1942 International-style duplex to the design and construction of a French manor home and a new-made-old, Federal-style house, which was featured in Southern Accents, with architect Ken Tate. Mr. Emery retired as CEO of Healthcare Realty Trust in 2016 and continued to serve as the company’s Chairman until taking a medical leave. Colleagues from all phases of his career described him as a generous and kind mentor, a tenacious and determined leader, and a loyal friend. Mr. Emery passed away Sept. 30, but he leaves a legacy of leading and building a company with a well-regarded medical real estate portfolio that is affiliated with market-leading healthcare systems across the country.
About Healthcare Real Estate Insights™
Launched in 2003, Healthcare Real Estate Insights™ (HREI™) was the first and remains the only national media organization entirely dedicated to covering healthcare real estate (HRE) development, financing and investment. This national, business-to-business print and digital platform offers sophisticated players the most comprehensive coverage in the industry available anywhere.
HREI’s other innovations in the HRE space include the HREI Insights Awards™ (introduced in 2013), the first and only comprehensive awards program recognizing excellence in HRE development and executive leadership; the HREI Resource Guide™ (launched in 2008), the first and only annual directory of HRE services; the popular HREI Weekly e-Newsletter (launched in 2016); and HREI’s companion website, HREInsights.com, which has been redesigned and vastly expanded during the past six years with nearly 17 years of content, including more than 7,300 articles, news releases, property listings and other postings, and is the undisputed hub of HRE news and information.
For more information on HREI products and services, or to subscribe or advertise, please visit us at HREInsights.com.
– 30 –
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE