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Outpatient Projects: Lendlease developing MOB on new St. Luke’s Hospital - Monroe Campus in Monroe County, Pa.

Outpatient Projects: Lendlease developing MOB on new St. Luke’s Hospital – Monroe Campus in Monroe County, Pa.

BARTONSVILLE, Pa. – Lendlease, whose U.S. headquarters is in New York, has started construction on a new 37,500 square foot MOB in Bartonsville on the campus of the new St. Luke’s Hospital – Monroe Campus, which Lendlease constructed for Bethlehem, Pa.-based St. Luke’s University Health Network.

Outpatient Projects: Local firm is developing 25,000 square foot MOB for Novant Health near Charlotte, N.C.

Outpatient Projects: Local firm is developing 25,000 square foot MOB for Novant Health near Charlotte, N.C.

DENVER, N.C. – Charlotte, N.C.-based MPV Properties has broken ground for a two-story, 25,000 square foot build-to-suit medical facility in Denver, about 30 miles northwest of Charlotte.

Inpatient Projects: $175 million replacement in east Indianapolis is a step closer to 2018 opening

Inpatient Projects: $175 million replacement in east Indianapolis is a step closer to 2018 opening

INDIANAPOLIS – Community Hospital East has a replacement facility now under construction on the current campus in eastern Indianapolis.

Inpatient Projects: New Orleans Children’s starts $250 million, three-phase remake of campus

Inpatient Projects: New Orleans Children’s starts $250 million, three-phase remake of campus

NEW ORLEANS – Work started in early 2017 on a $250 million campus expansion and remake for Children’s Hospital of New Orleans.

Inpatient Projects: $129 million psychiatric hospital project in Morgantown, N.C., faces continued delays

Inpatient Projects: $129 million psychiatric hospital project in Morgantown, N.C., faces continued delays

MORGANTOWN, N.C. – Development of the future $129 million, 480,000 square foot Boughton psychiatric hospital in Morgantown is more than two years behind schedule due to construction mishaps, delaying the delivery of 100 badly needed beds for patients with severe mental illnesses, the local News & Observer newspaper reported.

Inpatient Projects: Work to start soon on U of South Florida’s $152 million medical school in Tampa, Fla.

Inpatient Projects: Work to start soon on U of South Florida’s $152 million medical school in Tampa, Fla.

TAMPA, Fla. – The University of South Florida’s future $152 million medical school in downtown Tampa will include a heart institute as well as the medical school.

Inpatient Projects: Kentucky town explores public-private partnership to build new VA hospital

Inpatient Projects: Kentucky town explores public-private partnership to build new VA hospital

RADCLIFF, Ky. – Officials in Radcliff, about an hour south of Louisville, Ky., hope to build a new U.S. Dept. of Veterans Affairs (VA) hospital for 80 percent less than estimated by using a public-private partnership.

Inpatient Projects: Mayo Clinic plans $70 million expansion at its campus in Jacksonville, Fla.

JACKSONVILLE, Fla. – Rochester, Minn.–based Mayo Clinic took another step toward becoming the “premier destination medical center in the Southeast” with the recent announcement of a $70.5 million expansion plan for the system’s campus in Jacksonville.

Inpatient Projects: 60-bed ED to open soon in future $400 million tower at Banner hospital in Phoenix

Inpatient Projects: 60-bed ED to open soon in future $400 million tower at Banner hospital in Phoenix

PHOENIX – The first aspect – a new emergency department (ED) – of a future $400 million, 650,000 square foot patient tower under construction at Banner University Medical Center Phoenix is slated to open in late June 2017, according to the local Phoenix Business Journal.

SwedishAmerican, a division of UW Health, plans to invest $130 million in new construction and renovations at its main East State Street campus in Rockford, Ill. The work will include a new four-story women and children’s building. Rendering courtesy of SwedishAmerican

Inpatient Projects: Hospital unveils $130 million project

SwedishAmerican plans to expand and renovate its main campus in Rockford, Ill. By John B. Mugford Officials with SwedishAmerican Hospital in Rockford, Ill., saw a need for more hospital beds – and to convert all of their beds to private patient rooms – as well as a need to provide better and more care for […]

Post-Acute & Senior Living: CNL Healthcare II makes first purchase, a senior living community in Pensacola, Fla.

Post-Acute & Senior Living: CNL Healthcare II makes first purchase, a senior living community in Pensacola, Fla.

PENSACOLA, Fla. – Orlando, Fla.-based CNL Healthcare Properties II Inc., which is focused on seniors housing, medical office buildings (MOBs) and other healthcare properties, recently made its first acquisition as a non-traded real estate investment trust (REIT).

Post-Acute & Senior Living: Cascade Capital Group acquires Midwest portfolio of SNFs for $82 million

Post-Acute & Senior Living: Cascade Capital Group acquires Midwest portfolio of SNFs for $82 million

SKOKIE, Ill. – Skokie-based Cascade Capital Group recently acquired a portfolio of 18 skilled nursing facilities (SNFs) in four Midwestern states for a price of $82 million.

Aurora Health Care announced plans in late March to build an ASC and MOB in the 84South development in Greenfield. Rendering courtesy of Cobalt Partners

Industry Pulse: Aurora Health Care Has a Bevy of Projects

System says controlling costs has enabled it to pursue $500 million-plus in new projects Any U.S. health systems, no matter how financially healthy they are, are feeling some financial constraints, meaning they simply cannot deploy as much capital as they would like.

Industry Pulse: Carter Validus Could Be Nearing Sale of First REIT

Industry Pulse: Carter Validus Could Be Nearing Sale of First REIT

Unconfirmed media reports says the firm might sell its MOB and data center portfolios There comes a time in the later stages of the life of any unlisted real estate investment trust (REIT) when its officers must decide on a liquidity event. This can entail going public or selling off the properties it has acquired, […]

Post-Acute & Senior Living: Ventas Inc. buys six Koelsch Communities for $137 million in sale-leaseback transaction

Post-Acute & Senior Living: Ventas Inc. buys six Koelsch Communities for $137 million in sale-leaseback transaction

OLYMPIA, Wash. – Ventas Inc. (NYSE: VTR) has acquired six senior living communities from Olympia-based Koelsch Communities in a $137 million sale-leaseback transaction, according to a March 10 article on the Senior Care Investor website.