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Feature Story: Healthcare REIT execs still bullish

Despite potential disruptors and low cap rates, BOMA panelists remain upbeat By John B. Mugford The largest healthcare-focused real estate investment trusts (REITs), have long been and continue to be one of the most important – if not the most important – buyers of medical office buildings (MOBs). According to healthcare real estate (HRE) research […]

The recent BOMA MOB conference panel on third-party capital partners included (from left to right), moderator Andy Dow of Winstead, Courtney Hanfland of CHI, Deeni Taylor of Physicians Realty Trust, Joe Euphrat of CleanFund Commercial and Lance Mendiola of Christus Health. (HREI photo)

Feature Story: Third-party capital has its place

Panel at 2018 BOMA MOB conference discusses what the ‘new era’ of partners can provide By John B. Mugford Let’s all face it, a majority of the country’s health systems are not going to be selling, or monetizing, all of their medical office buildings (MOBs) to third-party investors anytime soon. Yet, during an era when […]

Feature Story: Prescription for providers: Think and act like an investor

Systems that adopt a more corporate approach to real estate can benefit By John B. Mugford New CBRE report authored by well-known HRE and REIT analyst Jerry Doctrow suggests that health systems can reduce occupancy costs by thinking more like investors The vast majority of the healthcare facilities that any investor with an appetite for […]

Feature Story: Keep an eye on the capital markets

Feature Story: Keep an eye on the capital markets

HRE demand is still strong but recent trends bear watching, Revista panel says By Connie M. McCaffrey   How are rising interest rates affecting capitalization (cap) rates and net asset values (NAVs)? What new trends and legislation are impacting healthcare real estate (HRE) investors? Are there new competitors and risks in the HRE space? How […]

Anchor Health Properties Co-Founders Paul Crowley and Lou Sachs (center), flanked by two of their Anchor colleagues, CEO Ben Ochs (left) and Chief Investment Officer James A. Schmid III (right), pose for a celebratory photo after receiving the 2017 HREI Insights Awards™ Lifetime Achievement Award at the RealShare HRE conference in Scottsdale, Ariz., in December. (HREI™ photo)

2017 HREI Insights Awards Winner – Lifetime Achievement: They were ‘retailization’ pioneers

Paula Crowley and Lou Sachs have used the idea since the ‘80s By John B. Mugford In a company profile of Anchor Health Properties, Co-Founders Paula Crowley and Lou Sachs told Healthcare Real Estate Insights™ that a retail-oriented strategy creates healthcare facilities that offer patients a better experience with a creative mix of services and […]

John Thomas (left) received his HREI Insights Awards™ Healthcare Real Estate Executive of the Year Award at the RealShare conference in Scottsdale, Ariz., in December. He is pictured above with the 2015 winner, Erik Tellefson of Capital One. (HREI photo)

2017 HREI Insights Awards: John T. Thomas is top exec for 2017

He’s led Physicians Realty Trust in building its portfolio to $4 billion since its founding in 2013 The launching of Milwaukee-based Physicians Realty Trust (NYSE: DOC) took place rather quietly back in 2013, as the real estate investment trust (REIT) commenced with an initial portfolio of 19 medical office buildings (MOBs) valued at about $125 […]

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Feature Story: Inside the biggest monetization ever

A behind-the-scenes look at CHI’s $700 million portfolio sale to DocREIT By John B. Mugford Much has already been said and written about last year’s largest medical office building (MOB) portfolio monetization – which is also said to be the largest ever. The headline-grabbing sale had Englewood, Colo.-based Catholic Health Initiatives (CHI) selling 51 MOBs […]

Hoag Health Center Irvine - San Canyon is composed of three, two-story, 50,000 square foot MOBs and a 7,200 square foot supporting retail space. Photo courtesy of PMB

2016 HREI Insights Awards Winner: Best New MOB (100,000 S.F.+)

California MOB overcomes obstacles PMB successfully delivered four-building care center despite a challenging site Facility name: Hoag Health Center Irvine – Sand Canyon Address, City, State: 16105-16405 Sand Canyon Ave., Irvine, CA Client: Hoag Memorial Hospital Presbyterian Product type: MOB with ambulatory surgery center (ASC) Number of stories: Three two-story buildings and one one-story building […]

Feature Story: Insights Awards winners announced

Fourth annual HREI™ awards program recognizes top HRE projects and people What do Pflugerville, Texas; Avon, Colo.; and West Grove, Pa. have in common? How about Irvine, Calif.; Belleville, N.J.; Hamilton, Ohio; and Naples, Fla.? Denver and Dallas? At first glance, the answer might appear to be, “Not much.” But these disparate locations do have […]

2016 HREI Insights Awards Winner: Best New MOB (Less Than 25,000 S.F.)

2016 HREI Insights Awards Winner: Best New MOB (Less Than 25,000 S.F.)

Austin, Texas-area FED gets its wish Lockard’s development, negotiation expertise smooths project challenges Facility name: Five Star ER Pflugerville Address: 21315 N. SH 130, Unit #4, Pflugerville, TX Client and tenant: Emergency Service Partners LP Product type: Freestanding emergency department Number of stories: One Square footage: 9,960 Site acreage: 1.25 Parking: 39 surface spaces Construction start date: March 2015 Construction complete date: Oct. 29, 2015 […]

The Clara Maass Medical Center (CMMC) MOBs consist of three newly renovated buildings totaling 128,006 square feet on the CMMC campus in Belleville, N.J. Photo courtesy of Rendina Healthcare Real Estate

2016 HREI Insights Awards Winner: Best Renovated/Repurposed

N.J. renovation raises satisfaction Rendina financed, developed, leases, owns and manages three-building complex Facility name: Clara Maass Medical Center Medical Office Buildings Address, City, State: 36 and 50 Newark Ave. and 5 Franklin Ave., Belleville, N.J. Client: RWJBarnabas Health; multi-tenant, multi-specialty Product type: MOB Number of stories: Three (36 Newark), four (50 Newark) and five […]

NexCore’s Buck Creek Medical Plaza in Avon, Colo., was one of five outpatient projects the firm completed in 2016.

  

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2016 HREI Insights Awards Winner: Best New MOB (25,000-49,999 S.F.)

Collaboration keys Colorado project NexCore perseveres against all odds to build much needed MOB near Vail Facility name: Buck Creek Medical Plaza Address, City, State: 50 Buck Creek Road, Avon, CO Client/anchor tenants: Colorado Mountain Medical and Centura Health Product type: MOB and FED/urgent care Number of stories: Three Square footage: 48,300 Site acreage: 2.15 Parking: 168 total spaces (69 surface and […]

The expansion of TriHealth Bethesda Butler hospital in Cincinnati had to be completed in four phases to minimize the disruption of hospital operations. Photo courtesy of Duke Realty

2016 HREI Insights Awards Winner: Best Inpatient Facility

Multi-phase expansion meets needs Duke Realty’ orchestrates a four-step development for TriHealth in Cincinnati Facility name: TriHealth Bethesda Butler Address, City, State: 3125 Hamilton-Mason Road, Cincinnati, OH Client: Bethesda Hospital Product type: Acute care hospital Number of stories: Two Square footage: 53,512 (Phase 4) and 90,788 (total) Site acreage: 12.042 Parking: 883 spaces added in […]

Anchor Health Properties and Seavest Healthcare Properties collaborated to develop the $23 million Penn Medicine Southern Chester County building. Photo courtesy of Anchor Health Properties

2016 HREI Insights Awards Winner: Best New MOB (50,000-99,999 S.F.)

Philly area MOB beats expectations Anchor Health Properties, Seavest Healthcare Properties develop winning ACC Facility name: Penn Medicine Southern Chester County Address, City, State: 455 Woodview Road, West Grove, PA Client (owner or tenant): Penn Medicine Chester County Hospital Product type: Ambulatory care center Number of stories: Two Square footage: 72,000 Site acreage: 45 Parking: 457 surface spaces Construction start date: April 2014 Construction […]

2016 HREI Insights Awards: Join us in congratulating the finalists!

The HREI Insights Awards™ have honored the best of the best in healthcare real estate since 2013.