Cover Story: Ready or not, here it comes
Change, that is. System executives discuss how to prepare. Destination: InterFace Healthcare Real Estate West, Los Angeles By John B. Mugford Ah, the comfort of the status quo. For the people and companies involved in healthcare real estate, the next year or so is supposed to be, according to some high-level observers, a lot like […]
Companies & People: All systems go for MedProperties
After closing its first fund the investment firm launches $150 million second fund By John B. Mugford When MedProperties Holdings LLC entered the healthcare real estate (HRE) sector in 2007, principals with the private equity firm spent plenty of time spreading the word about what they could offer to developers, buyers and lenders. As the […]
Outpatient Projects: UConn’s new facility to foster growth
Work is underway on massive ambulatory care center that will have 300,000 s.f. By John B. Mugford The University of Connecticut (UConn) Health Center is going all out in its effort to provide more outpatient services on its campus, and so is the state of Connecticut. Construction started in recent months on a future $203 […]
Post-Acute & Senior Living: Rehab hospital is a sign of the times
Duke Realty moves into post-acute space as providers try to trim readmissions By Murray W. Wolf One of the most talked-about aspects of the Patient Protection and Affordable Care Act (PPACA), or healthcare reform, is that hospitals and health systems now face financial penalties for above-average rates of readmissions for certain “preventable” conditions covered by […]
Cover Story: Sector is stronger than it looks
The market is quietly rebounding – and opportunities abound Destination: MREJ Healthcare Conference, Minneapolis By John B. Mugford The healthcare real estate (HRE) sector has quietly rebounded during the past three years and plenty of development and investment opportunities remain. That seemed to be the consensus of the presenters and panelists who appeared at the […]
Cover Story: Ideas for thriving on chaos
Industry experts tell Chicago audience to reposition for growth Destination: IREJ Healthcare Conference, Chicago By John B. Mugford Editor’s Note: This is an expanded version of the article that appeared in the print edition of Healthcare Real Estate Insights Like the U.S. economy, the healthcare real estate (HRE) sector has experienced a precarious and excruciatingly […]
Outpatient Projects: $18M MOB slated for well-known medical corridor in Little Rock
LITTLE ROCK. Ark. – The well-known healthcare corridor near St. Vincent Infirmary Medical Center in Midtown Little Rock has not seen the building of new medical office space for many years – until now, that is. Little Rock Medical Associates (LRMA) and its affiliates recently started construction on a new $18 million, “Class A” MOB […]
Post-Acute & Senior Living: More Post-Acute and Senior Living Real Estate News
• Grandbridge Real Estate Capital’s Seniors Housing Team recently closed three seniors housing transactions totaling more than $23.4 million.
Outpatient Projects: Proton therapy center planned for Metroplex would be country’s 23rd
IRVING, Texas – By 2016, there are expected to be 23 proton therapy treatment centers in the United States. One of those is slated to be the Texas Center for Proton Therapy, which recently broke ground in the Dallas-Fort Worth Metroplex city of Irving.
Cover Story: Focusing on financing models
Hot news: Panelist’s system is selling a portfolio of MOBs Destination: BOMA MOB Conference, San Francisco By John B. Mugford Editor’s note: This is an expanded version of the article that appeared in the print edition of Healthcare Real Estate Insights It doesn’t happen very often that breaking news emerges from a panel discussion at […]
Inpatient Projects: Stanford Hospital finally underway
New facility will be built next to current hospital, upping capacity to 600 beds By John B. Mugford Work has finally started on the hospital expansion at Stanford University in Palo Alto, Calif. After the project’s approval was delayed several times, a joint venture of Clark Construction Group-California LP and McCarthy Building Cos. Inc., called […]
Inpatient Projects: Memorial Hermann plans hospital at its campus in Pearland, Texas
PEARLAND, Texas – As the Houston suburb of Pearland continues to boom, Houston-based Memorial Hermann Health System is looking for more ways to capture market share in the city. The Houston-based health system recently announced a plan to help it do just that: an expansion of its current outpatient campus in Pearland with the building […]
Industry Pulse: Development is on the Rise, Report Says
Medical office construction could rise 32 percent in 2013. That’s according to most recent Medical Office Research Report from Marcus & Millichap. The first half 2013 report from the commercial real estate firm estimates that 10.3 million square feet of medical office space will be delivered this year, up from 7.8 million square feet in […]
Industry Pulse: What does it take to succeed in today’s HRE environment?
What you want in healthcare, even as a provider, there are lots of independents out there. You’ve got to hire the very smartest people in this changing world, who can figure out how to make things work. But I think you’ve got to be smart, you’ve got to be […]
Industry Pulse: Hospital Moving Forward after Decade in Limbo
Trinity Medical Center showed its gratitude when it got the OK to complete and open an unfinished hospital in Birmingham, Ala. Photo courtesy of Trinity Medical Center It has been 10 years since work stopped on HealthSouth Corp.’s planned Digital Hospital. And it has more than four years since Trinity […]