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.
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.
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.
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.
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 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 […]
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).
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.
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, […]
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.