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? […]
Special Focus: Debt Markets (September 2007)
Credit crunch hits home HEALTHCARE REAL ESTATE FEELING THE PINCH – FOR NOW By John Mugford The fundamentals of the U.S. healthcare industry remain solid. On top of that, the nation’s demographics point to continued demand for healthcare, which remains the largest and fastest-growing component of the Gross Domestic Product (GDP). “That’s just not going […]
Special Report (September 2007)
Sold for $99.7 million LASALLE BUYS FIRST COLUMBIA’S N.Y. MOBs By John Mugford In late 2006, Latham, N.Y.-based First Columbia LLC announced that it was putting its entire, nine-property medical office building (MOB) portfolio on the sale block. The portfolio is composed of newer, mostly on-campus buildings in and around the Capital Region of […]
Special Focus: Debt Markets (September 2007)
Credit crunch hits home HEALTHCARE REAL ESTATE FEELING THE PINCH – FOR NOW By John Mugford The fundamentals of the U.S. healthcare industry remain solid. On top of that, the nation’s demographics point to continued demand for healthcare, which remains the largest and fastest-growing component of the Gross Domestic Product (GDP). “That’s just not going […]
Special Report: Ray Braun on HRT/Windrose (September 2007)
This deal had hair on it – in good way HEALTHCARE REIT, WINDROSE HAD MORE IN COMMON THAN BEARDED FOUNDERS By Murray W. Wolf and John Mugford How can a keynote speaker hold the attention of an information-overloaded audience on the final day of a three-day conference? By providing an inside look at […]
Product Focus: Ambulatory centers (September 2007)
The ever-evolving surgery center NEWER AMBULATORY FACILITIES OFTEN INCLUDE OFFICE SPACE, IMAGING, ETC. By Jessica Griffith As medical procedures continue to decamp from acute-care hospitals to ambulatory centers, hospitals, health systems and healthcare companies are finding newer and more efficient ways to deliver outpatient care. “Procedures that even five years ago required a hospital […]
People (September 2007)
Growing Lillibridge makes new hires HEALTHCARE REAL ESTATE COMPANY ADDS PROFESSIONALS IN VARIOUS DIVISIONS By John Mugford Chicago-based Lillibridge, a private healthcare real estate firm, recently made numerous personnel moves, including the hiring of people in a variety of positions. In recent months, Lillibridge hired: ■ Chuck Fendrich to head its property management […]
Outpatient Projects (September 2007)
Long-term outlook bright for MOBs FAVORABLE DEMOGRAPHICS WILL CONTINUE TO DRIVE THE SECTOR, REPORT FINDS By Murray W. Wolf and Sonja Pedersen-Green The long-term outlook for the medical office sector remains bright thanks to strong tenant demand generated by the healthcare needs of America’s aging population. That was the conclusion of a midyear medical […]
Industry Pulse (September 2007)
ELK GROVE, Calif. – As of mid-August, Methodist Hospital of Sacramento and its parent company, San Francisco-based Catholic Healthcare West (CHW), were reportedly talking with a development firm about land for a new hospital in growing Elk Grove, about 20 miles south of Sacramento. CHW was looking for land large enough – in the 25- […]
