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Inova Health System plans to break ground in 2014 for the $252 million, seven-story, 300,000 square foot Inova Comprehensive Cancer and Research Institute in Falls Church, Va. (Rendering courtesy of Inova Health System)

$252M cancer center set for Virginia

INOVA PLANS 300,000 S.F. COMPREHENSIVE RESEARCH AND CARE FACILITY   By John Mugford With health systems facing an acute need to generate more revenues in the age of healthcare reform,

Editor's Letter: Some certainty at last?

Editor’s Letter: Some certainty at last?

ELECTION CLEARS THINGS UP, AT LEAST UNTIL ‘14 By John B. Mugford Dear Reader: Here are at Healthcare Real Estate Insights™, we thoroughly enjoy talking with people involved in the healthcare real estate sector about, well, healthcare real estate. And during these talks and interviews, we get the sense that a majority of those involved […]

People: Mark Johnson joins Cushman Wakefield as director of PM

NEW YORK – New York-based Cushman & Wakefield recently hired Mark Johnson as director of property management, healthcare facilities. Mr. Johnson is based in Rosemont, Ill., overseeing the company’s service delivery platform while, according to the company, he helps drive “the continued growth of the firm’s Healthcare Practice Group.” “Mark’s healthcare sector knowledge and experience […]

John C. Lincoln Health Network has acquired 21.39 acres in north Phoenix and plans to build a 120-bed hospital by 2019. The system plans to kick off the project next month with the start of construction for the $18 million Sonoran Health and Emergency Center (above).
Rendering courtesy of Devenny Group Ltd.

Inpatient Projects: North Phoenix to get a new hospital

JOHN C. LINCOLN HEALTH NETWORK BUYS LAND, PLANS CAMPUS WITH 120 BEDS By Dan Emerson Sure, the recession may have hit Greater Phoenix fairly hard, slowing residential growth and limiting new commercial real estate development, including medical projects. However, there are signs that the economy is improving, and now a new ground-up hospital for the […]

Inova Health System plans to break ground in 2014 for the $252 million foot Inova Comprehensive Cancer and Research Institute in Falls Church, Va. Inova says it would be the area’s largest cancer treatment and research facility.
Rendering courtesy of Inova Health System

Outpatient Projects: $252 million cancer center set for Va.

INOVA PLANS 300,000 S.F. COMPREHENSIVE RESEARCH AND CARE FACILITY By John Mugford With health systems facing an acute need to generate more revenues in the age of healthcare reform, it is no coincidence that new, state-of-the-art cancer centers are a hot development product. Quite a number of providers are planning these plan large, comprehensive cancer […]

Health Care REIT has acquired the 147,225 square foot Waldemere Medical
Plaza on the campus of Sarasota (Fla.) Memorial Hospital for $46.5 million.
Photo courtesy of Sarasota Memorial Health Care System

Transactions: Health Care REIT buys MOB for $46.5M

THE 147,225 SQUARE FOOT WALDEMERE MEDICAL PLAZA IS IN SARASOTA, FLA. By John Mugford One of the key outpatient buildings on the campus of Sarasota Memorial Hospital in the oceanside town of Sarasota, Fla., recently changed hands. In a very substantial price for a transaction involving a single building, Toledo, Ohio-based Health Care REIT Inc. […]

One of Griffin-American’s recent acquisitions was the 51,280 square foot Main Street Medical Plaza in Frisco, Texas, which it acquired from Caddis Partners for a reported $14.6 million. Caddis acquired the MOB in 2009.
Photo courtesy of Caddis Partners

Transactions: Griffin-American hits $1 billion in value

RECENT ACQUISITIONS ENABLE UNLISTED REIT TO REACH INVESTMENT MILESTONE By John Mugford Showing that it is willing to acquire a variety of healthcare real estate property types, Newport Beach, Calif.-based Griffin-American Healthcare REIT II Inc. recently completed acquisitions of three Los Angeles area hospitals and three MOBs in Texas and Georgia. The unlisted REIT paid […]

Capital Markets Snapshot: Differing perspectives offer insights

PLAYERS WILL HAVE DIFFERENT MOTIVATIONS AS REFORM IS IMPLEMENTED By Cain Brothers As the drama around the presidential election fades and the healthcare industry focus shifts to implementation of the Accountable Care Act, understanding the process and potential outcome of the enabling legislation that will truly define the ACA’s implementation will require perspective. How the […]

A recent discussion of ambulatory strategies included (from left to right) Neil Carolan of Healthcare Real Estate Planning LLC, Ross Caulum of Scripps Health, Mike Brown of MD Anderson Cancer Center, Craig Jensen of Banner Health and moderator Danny Prosky of American Healthcare Investors.
Photo courtesy of RealShare

Provider Perspective: Ambulatory alternatives

BANNER, MD ANDERSON AND SCRIPPS TEST TACTICS By Murray W. Wolf Most healthcare providers would agree that their “ambulatory strategy” is a top priority these days as they strive to reduce costs, improve access to care and compete more effectively. But what exactly is an ambulatory strategy?

At 153,820 square feet, Water Tower Medical Commons in Milwaukee is the largest of the 14 assets sold to Duke Realty by Seavest Healthcare Properties.
Photo courtesy of Seavest Healthcare Properties

News & Analysis: Big buys for Duke Realty

FIRM INVESTS $434 MILLION IN TWO MOB PORTFOLIOS By John Mugford Heading into the fourth quarter (Q4), brokers involved in medical office sales predicted that transaction activity would likely be brisk in the months leading up to the end of 2012. That’s because, they said, a number of owners considering selling properties at some point […]

Industry Pulse: November 2012

SCOTTSDALE, Ariz. – Most health-care real estate (HRE) professionals probably wouldn’t be big fans of a company that sells online medical consultations. After all, more virtual doctor visits would presumably mean fewer in-person doctor visits, reducing demand for bricks and mortar medical office buildings (MOBs) and other healthcare facilities. So, when the CEO of MeMD […]