Industry Pulse (October 2007)
NASHVILLE, Tenn. – The Vanderbilt University Board of Trustees in recent weeks took the first steps toward a massive expansion of Monroe Carell Jr. Children’s Hospital at Vanderbilt. The board approved $5.4 million in planning fees for a proposed addition that would add a $203 million, eight-story, 340,000 square foot tower. The project would include […]
Editor’s Letter (October 2007)
In your face, credit crunch AS THIS ISSUE SHOWS, DEALS ARE CERTAINLY GETTING DONE Dear Reader: As I wade through the numerous news reports and press releases that we receive from various outlets around the country, and interview folks involved in healthcare real estate, I’m taken aback by the volume of medical office building (MOB) […]
Transactions (October 2007)
Windrose makes $40.2M buy in Buffalo DIVISION OF HEALTH CARE REIT BUYS MOBs, WELLNESS CENTER WITH 200,000 S.F. By John Mugford The Windrose Medical Properties division of Toledo, Ohio-based Health Care REIT (NYSE: HCN) recently acquired two medical-related properties in the metropolitan area of Buffalo, N.Y. The seller was North Tonawanda, N.Y.-based Calamar, a […]
People (October 2007)
BremnerDuke opens office in Dallas FORMER HAMMES CO. EXECUTIVE IS NOW HEADING UP OPERATIONS IN THE SOUTHWEST By John Mugford Indianapolis-based BremnerDuke Healthcare Real Estate, a division of Duke Realty Corp. (NYSE: DRE), recently announced some staff appointments to its new a new office in Dallas. From that new office BremnerDuke plans to pursue […]
Outpatient Projects (October 2007)
New hospital triggers new MOB projects DEVELOPMENT TAKING PLACE NEAR $130 MILLION DUBLIN (OHIO) METHODIST HOSPITAL By John Mugford People who work in healthcare real estate say there’s nothing like a new, or financially healthy, hospital to attract ancillary medical developments, such as medical office buildings (MOBs) and outpatient facilities. This effect certainly […]
Transactions: Q2 MOB stats (October 2007)
MOBs are still the deal SALES VOLUME STRONG; PRICES LEVELING OFF By John Mugford While the commercial real estate liquidity crunch might be having a temporary effect on some healthcare real estate transactions, nationwide sales of medical office buildings (MOBs) show no signs of slowing. As of Oct. 1, in fact, the number of MOB […]
Company Profile: Servant Healthcare (October 2007)
Former CNL execs form new venture SERVANT HEALTHCARE GARNERING FUNDS TO INVEST IN MEDICAL REAL ESTATE By Jessica Griffith When Health Care Property Investors Inc. (NYSE: HCP) acquired CNL Retirement Properties Inc. last fall, three of CNL’s executives took a look at the healthcare real estate market and made a decision to go out […]
Companies (October 2007)
Skanska, U.S. HealthRealty join forces FIRM PLANS TO PURSUE HEALTHCARE PROJECTS THROUGHOUT UNITED STATES By John Mugford The healthcare industry could be seeing the name of a new, yet familiar, player on real estate projects in the future. That’s because Parsippany, N.J.-based Skanska USA Building Inc. recently formed a partnership with U.S. HealthRealty […]
Special Report: BOMA Reaching New Markets (October 2007)
The healthcare paradigm shift BOMA PANELISTS DISCUSS NEW FACILITIES, NEW STRATEGIES By John Mugford There’s been a lot of talk in recent years about ambulatory strategy in the healthcare and healthcare real estate industries. But what does the term really mean in today’s era of sprawling suburban areas and high-tech medical equipment and procedures? […]
