Roundtable discussion (December 2006)
2006: Sky-high pricing FIERCE COMPETITION HAS CHANGED THE LANDSCAPE OF MED REAL ESTATE By John Mugford When an executive from a powerhouse real estate firm says the company is taking a bit of a breather from submitting competitive bids to acquire medical office properties, it’s a sure sign that the healthcare real estate […]
Transactions (December 2006)
JVs pave way for Bremner-Duke merger DEAL WOULD BE THE LATEST TO BLEND PUBLIC COMPANY WITH MED REAL ESTATE FIRM By John Mugford Since 2004, Bremner Healthcare Real Estate and Duke Realty Corp., both of Indianapolis, have been developing healthcare facilities in joint ventures. In fact, when it came to doing medical developments […]
Special Report: California Webinar (December 2006)
Medical real estate is hot in California INVESTORS PAY A PREMIUM FOR HEALTHCARE PROPERTIES IN THE GOLDEN STATE By Jessica Griffith California delivers 13 percent of the U.S. gross domestic product and would rank as the sixth largest economy in the world if it were a sovereign nation. Little wonder no other state has […]
Q&A: Ernest Johnson of PM Realty (December 2006)
PM Realty is no latecomer to the market HOUSTON-BASED FIRM HAS BEEN INVOLVED IN MED REAL ESTATE FOR SINCE 1964 By John Mugford Houston-based PM Realty Group LP has been around for 50 years and its 1,300 employees provide development, construction management, engineering, property management, investment sales and leasing services in a wide spectrum of […]
Publisher’s Letter (December 2006)
Welcome to Outpatient Nation OH YEAH, WE ALSO HAVE ACUTE-CATE HOSPITALS Dear Reader: Welcome to Outpatient Nation. I read with interest the article in this edition regarding how eight-hospital Carilion Health System in Virginia is repositioning itself as a network of clinics – a physician-led, multi-specialty group practice, to be exact. (Please see “System shifts […]
Outpatient Projects (December 2006)
System shifts focus to outpatient care VIRGINIA PROVIDER CARILION IS RESTRUCTURING TO DEEMPHASIZE HOSPITALS By John Mugford As many health systems across the country shift, or consider shifting, a variety of hospital services to outpatient care or specialty services – in part to increase profits and efficiency – a debate over the practice is heating […]
Inpatient Projects (December 2006)
Stanford stunner: $1 billion expansion PROJECT WOULD ADD 248 BEDS, 1.3 MILLION SQUARE FEET TO PALO ALTO CAMPUS By John Mugford PALO ALTO, Calif. – Stanford Hospital & Clinics officials recently unveiled plans for a massive $1 billion rebuilding and renovation plan at its hospital campus at Stanford University in Palo Alto. The project […]
Industry Pulse (December 2006)
LOS ANGELES – University of California (UC) Regents recently approved an additional $308 million for the completion of two projects that are part of UCLA’s healthcare system. The funding will be used to complete the under-construction Ronald Reagan Medical Center on the UCLA campus in Westwood and to complete the future 172-bed Santa Monica-UCLA Medical […]
Company Profile; Washington REIT (December 2006)
WRIT combines focus and diversification WASHINGTON REIT HAS AMASSED PERHAPS THE TOP MOB PORTFOLIO IN THE D.C. AREA By Dan Emerson Earlier this year, an acquisition of four medical office buildings in Maryland by Rockville, Md.-based Washington Real Estate Investment Trust (WRIT) caught the eye of market observers. The acquisition was noteworthy because […]
People (December 2006)
Bruce A. Rendina loses battle to cancer WELL-KNOWN MEDICAL REAL ESTATE DEVELOPER, 52, DIES AFTER 17-MONTH BATTLE By John Mugford Bruce A. Rendina, one of the most successful, prolific and best-known medical office building (MOB) developers in the country, died recently at the age of 52. After a career filled with so many successes, Mr. […]
Companies (November 2006)
NexCore Group expand its horizons DENVER-BASED FIRM PLANS NEW OFFICES, $600M IN DEVELOPMENT, ACQUISITIONS By John Mugford Denver-based NexCore Group LP, a firm that concentrates on real estate development, ownership and property management, has set its sights on a big expansion in the healthcare arena. One of the firm’s goals, in fact, entails […]
WEBINAR STORY (November 2006)
Monetization momentum continues SECOND HREI™ WEBINAR DETAILS THE CONTINUING TREND OF DIVESTING ANCILLARY ASSETS By Jessica Griffith One of the most dramatic healthcare real estate trends in recent years has been the increasing number of sales involving medical office buildings (MOBs) and other healthcare facilities to investors outside of the traditional hospital system. […]
Project Case Study: North Professional Center (November 2006)
Planning was key to marketing this MOB DASCO, ALEGENT HAD OMAHA FACILITY 80 PERCENT LEASED BY GROUND BREAKING By Murray W. Wolf If a medical campus were a basketball team, the acute-care hospital would be the center – the biggest, brawniest player on the court. The medical office buildings (MOBs) would be more […]
Company Profile: Development Solutions Group
Doctors are calling, looking for solutions DEVELOPMENT SOLUTIONS GROUP LIKES THE STEADINESS OF MEDICAL REAL ESTATE By Anne Bretts Alan R. Main and Andrew E. Shearer met 10 years ago in Denver. They hit it off immediately. Main had built his career over 25 years in healthcare real estate while Shearer had spent […]
Special Report: Monetizations Webinar (November 2006)
Monetization momentum continues HREI™ WEBINAR DETAILS THE CONTINUING TREND OF DIVESTING ANCILLARY ASSETS By Jessica Griffith One of the most dramatic healthcare real estate trends in recent years has been the increasing number of sales involving medical office buildings (MOBs) and other healthcare facilities to investors outside of the traditional hospital system. As […]