Editor’s Letter: I’ll be out of the office…
HCRE CONFERENCE SEASON IS IN FULL SWING By John B. Mugford (Editor) Dear Reader: For folks involved in healthcare real estate, ‘tis the season. No, not that season. The season I’m talking about is the season of conferences and seminars concerning medical office buildings (MOBs) and other healthcare properties. Consequently, we at Healthcare Real Estate […]
Physician self-referral statutes 2.0
HERE’S WHAT YOU NEED TO KNOWN ABOUT THE LAWS AND WHAT HAS CHANGED By Murray W. Wolf When physicians lease medical office space from hospitals, perhaps the only surefire way to eliminate the possibility of violating the Anti-Kickback Statute (AKS) or the Stark Law is for the hospitals to directly employ those physicians. If the […]
Companies: New REIT targeting MOBs, healthcare
ARC LAUNCHES WITH $1.5B STOCK OFFERING; HIRES DASCO, GRUBB VETERANS By Dan Emerson Add another healthcare real estate investment trust (REIT) to the mix of investors interested in acquiring medical office buildings (MOBs) and other healthcare real estate facilities. The newest healthcare REIT is New York-based American Realty Capital Healthcare Trust, which recently rolled out […]
Companies: Inside the Lend Lease DASCO deal
ACQUISITION GIVES DEVELOPER MORE RESOURCES, COMPANY PRESIDENT SAYS By John Mugford It’s probably not news to anyone involved in the healthcare industry that hospitals and health systems are consolidating, and could continue to consolidate, at a fast clip. The trend is being driven by the fact that hospitals need to become as cost-efficient as possible […]
INPATIENT PROJECTS: U of Tennessee to add cancer institute
NEW FACILITY IN KNOXVILLE WOULD BE LARGEST IN REGION, HOSPITAL EXECS SAY By Dan Emerson A mid-year ground breaking is set for a new $20 million cancer institute on the campus of University of Tennessee Medical Center in Knoxville, Tenn. The new facility would have at least 100,000 square feet of space, making it the […]
Outpatient Projects: Duke Realty to develop N.C. med park
THREE-STORY, 90,000 S.F. FACILITY IS BEING ADDED TO WAKEMED’S MAIN CAMPUS By Dan Emerson Indianapolis-based Duke Realty Corp. (NYSE: DRE), the largest owner of office and industrial space in the Triangle area of North Carolina, plans to add to its portfolio with a new medical park on the main campus of WakeMed Health and Hospitals, […]
Transcations: Medical Properties Trust makes buys
REIT THAT FOCUSES ON HOSPITALS BUYS N.J. ACUTE CARE FACILITY, TEXAS LTAC By John Mugford Birmingham, Ala.-based Medical Properties Trust Inc. (NYSE: MPW), a publicly traded real estate investment trust (REIT), recently paid more than $80 million to acquire the real estate assets of an acute care hospital in New Jersey and a long-term acute […]
Capital Markets Snapshot: Interest rates likely to rise sharply
BUT ANOTHER CRASH IS UNLIKELY, AS MOST BORROWINGS ARE WELL-STRUCTURED By Cain Brothers The capital markets are in an interesting but fragile equilibrium that is likely to experience a significant shift in the near future. The markets achieved stability after the tumult of 2008-09, but that stability resulted from aggressive intervention by central banks, which […]
Q & A: Thought leaders needed
PROVIDERS NEED GOOD ADVICE, ‘P.J.’ CAMP SAYS By John Mugford As far as Philip J. “P.J.” Camp is concerned, the healthcare industry’s delivery model is the process of taking on a whole new look, and it will continue to evolve in the era of reform, employed physicians, mergers and acquisitions (M&As), accountable care organizations (ACOs), […]
Special Report: Self-referrals in spotlight
LEGAL CHANGES ARE AFFECTING HEALTH PROPERTIES By Murray W. Wolf Healthcare real estate firms could see more third-party development and investment opportunities, as well as growing demand for real estate advisory, leasing and property management services, thanks to recent changes associated with the laws affecting physician self-referrals. Conversely, however, they might see fewer opportunities if […]
Industry Pulse: March 2011
HOUSTON – As various aspects of healthcare reform are implemented in coming years, healthcare industry observers say we should be prepared for more and more merger and acquisition (M&A) activity among hospitals and health systems. On the surface, it looks as if this trend is coming to fruition in Houston, where Franklin, Tenn.-based IASIS Healthcare, […]