Outpatient Projects: Anchor Health Properties is proposing an MOB near hospital in midtown Nashville, Tenn
Nashville, Tenn. – A site near Saint Thomas Midtown Hospital in Nashville could soon be home to a five-story MOB, according to an article in the Nashville Post. The article notes that the site, and the
Industry Pulse: On the Record
It seems like MOB acquisitions have slowed. What are your thoughts on the medical office building sector? “With MOB increasingly being viewed as a core holding, private capital holders (private equity, insurance, sovereign wealth) have kept asset valuations high in recent periods. I see no sign that these
Post-Acute & Senior Living: A new ‘boutique’ senior living facility opens in Dallas; Adolfson & Peterson was contractor
Dallas – A new “boutique” senior living facility recently opened along the North Central Expressway in Dallas. The three-story, 77,132 square foot Adora Midtown Park facility includes 80 skilled nursing units and 29 assisted living suites. The project team
Inpatient Projects: Coney Island Hospital on the mend
$738M project to repair Hurricane Sandy damage, protect against future flooding By John B. Mugford It’s been six years since Super storm Sandy ravaged Coney Island in Brooklyn, N.Y., causing billions of dollars of damage to numerous structures and infrastructure throughout the area.
Transactions: Healthcare Trust Inc. acquires 44,558 square foot MOB in Detroit suburb for $14.25 million
Farmington Hills, Mich. – The 44,558 square foot Glendale Medical Building in Farmington Hills, a northwest Detroit suburb, recently traded for $14.25 million, according to the team that
Inpatient Projects: Built by McCarthy, new 450,000 s.f. tower on Emory campus in Atlanta receives regional award
Atlanta – Emory University Hospital’s new 450,000 square foot tower on its campus in Atlanta, which opened in summer 2017 and was built by McCarthy Building Companies Inc., was recently named one of the Southeast’s 2018 Best Projects by New York-based
Outpatient Projects: The Neenan Company completes orthopedics and wellness center in South Lake Tahoe, Calif
South Lake Tahoe, CA – In serving as the design-building partner, Fort Collins, Colo.-based The Neenan Company recently completed the Barton Center for Orthopedics & Wellness in South Lake Tahoe.
Cover Story: Healthcare’s unprecedented transformation
How real estate can help providers to meet today’s new challenges By John B. Mugford These are complicated, unpredictable times for the U.S. healthcare industry. So how do healthcare real estate experts feel about the future? Mostly optimistic, with a few reservations. Although the economy is booming and medical spending is continuing on an upward […]
November 2018 PDF
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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 that has him focused on operational, financial and legal needs. Prior
Transactions: Montecito acquires a 68,500 s.f. MOB in East Providence, R.I., occupied by physicians group
East Providence, R.I. – The four-story, 68,500 square foot University Medicine Medical Office in East Providence is the largest clinic location for locally based University Medicine, which operates
Outpatient Projects: York Properties plans special delivery for WakeMed by turning post office into MOB by 2020
Raleigh, N.C. – Raleigh-based York Properties plans to repurpose a building now occupied by a post office for use as a WakeMed anchored MOB. According to an Oct. 9 news release from the
Capital Markets: Financing large MOB portfolios
Such deals have become a much more prevalent part of the MOB landscape By Erik Tellefson To date, 2018 has been a robust lending year for Capital One, and as a reflection of the broader acquisition market, large medical office building (MOB) portfolios have been a very important component of the volume. We consider large […]
Outpatient Projects: National Healthcare Realty buys land for future 80,000 square foot MOB in Lone Tree, Colo
Lone Tree, Colo. – Denver-based National Healthcare Realty Inc. recently closed on the acquisition of a 4.85-acre parcel in growing Lone Tree, where it plans to develop an 80,000 square foot MOB.
Inpatient Projects: State approves certificate of need for new $150 million bed tower at Huntsville (Ala.) Hospital
Huntsville, Ala. – Huntsville Hospital’s plan for a new multi story bed tower to meet growing patient demand was approved Aug. 15 by the Alabama Certificate of Need (CON) Review Board. Construction of the new $150 million, multi-story West Bed Tower