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Editor's Letter: Panelist can entertain

Editor’s Letter: Panelist can entertain

SOME SPEAKERS ADD HUMOR TO CONFERENCES By, John Mugford Dear Reader: Every time I attend a healthcare real estate conference – quite often to moderate one of the panel discussions – I am impressed with how educational, informative, important and timely these events have become for people involved in this sector. Did I mention that […]

Provider News: A joint venture considered in Colorado

PACT MAKES SENSE, SYSTEMS SAY, IN ERA OF REFORM, PHYSICIAN SHORTAGES By John Mugford At a time when many hospital consolidations are taking place throughout the country, two well-known players in Colorado are considering what the entities are calling a “joint operating agreement.” Officials with the University of Colorado Hospital at the Anschutz Medical Campus […]

Baylor Health Care System plans to develop a $100.5 million, five story, 165,741 square foot patient tower at its Grapevine, Texas, campus.
Site plan courtesy of Baylor Health Care System

Inpatient Projects: Baylor hospital to get $100.5M tower

165,741 SQUARE FOOT EXPANSION PLANNED AT HOSPITAL IN GRAPEVINE, TEXAS By John Mugford Dallas-based Baylor Health Care System is shoring up plans for a $100.5 million expansion at its hospital in Grapevine, located in the northern suburbs of the Dallas/Fort Worth Metroplex.Baylor’s plans call for the construction of a new a five-story, 165,741 square foot […]

Site work is under way on this future $27.8 million, 176,462 square foot outpatient facility on the campus of St. Luke’s Hospital in Duluth, Minn. Cogdell Spencer Erdman is the design/build firm on the project, which will be owned by its parent company, Cogdell Spencer Inc.
Rendering courtesy of Cogdell Spencer

Outpatient Projects: Site work starts on 176,462 s.f. MOB

COGDELL SPENCER ERDMAN IS BUILDING $27.8 MILLION PROJECT IN DULUTH, MINN. By John Mugford As hospitals across the country continue to add more and more employed physicians, many are seeing a need for new spaces where these doctors can provide services. One place this is happening is in downtown Duluth, Minn., where design/build firm Cogdell […]

Heitman LLC and NexCore Healthcare Capital Corp. acquired the 64,261 square foot Professional Office Building in Lanham, Md., for $23 million.
Photo courtesy of NexCore Group

Transactions: Heitman/NexCore buy MOB for $23M

COMPETITION WAS STRONG FOR ON-CAMPUS FACILITY IN LANHAM, MD., NEAR D.C.By John Mugford Opportunities to acquire high-quality medical office buildings (MOBs) in the Washington, D.C., area have been somewhat rare in recent years. As a result, when such properties are indeed put on the market, the competition heats up quite nicely – especially if you’re […]

Capital Markets Snapshot: Economic recovery remains slow

PROBLEMS IN EUROPE, PUBLIC BORROWING ARE CONTINUE TO HAMPER PROCESS By Cain Brothers. In the past month, long-term interest rates have continued to decline in response to unexpected weakness in the global economy and a shift to quality. The drama in Europe has a few more acts to play out, but if these economic woes […]

Sydney P. Scarborough

Q & A: New job for MOB pioneer

SYDNEY SCARBOROUGH TAKES ON NEW ROLE AT JLL By John Mugford When Sydney P. Scarborough was asked a question during the ensuing interview about what she enjoys doing outside of work, there was a caveat that went something like this: “It’s obvious that at work your passion entails helping hospitals reduce costs, but outside of […]

Health system executives from the Carolinas region gave their perspectives on the future demand for real estate development at a recent conference in Charlotte, N.C. The executives were (from left to right) David G. Park of Raleigh, N.C.-based Novant Health; Mary Beth Kuzmanovich of Charlotte-based Carolinas HealthCare System; Mark Loukides of Greenville (S.C.) Hospital System; and True Morse of Asheville, N.C.-based Mission Health System. The moderator (far right) was Charles Campbell, president of Brackett Flagship Properties in Charlotte.
HREITM photo

Provider Perspective: Providers talk strategy

EXECUTIVES DISCUSS REAL ESTATE’S CHANGING ROLE By John Mugford In what is becoming known as the era of healthcare reform, quite a bit is changing, and will continue to change, for hospitals and health systems as they go about their mission of delivering medical services to an ever-expanding pool of patients. As most everyone involved […]

Industry Pulse: June 2011

FRISCO, Texas – The general consensus among professionals involved in healthcare real estate, as well as the healthcare industry in general, is that the development of new physician-owned hospitals is dead, killed by Section 6001 of the Patient Protection & Affordable Care Act. The provision, for the most part, prohibited the opening of new physician-owned […]