Outpatient Projects: VA selects Graham & Co. for outpatient facility, parking deck in Birmingham, Ala.
BIRMINGHAM, Ala. – In more news from the VA, the federal department recently announced that it has chosen a site, developer, architect and general contractor for its future $50 million MOB and parking deck project in Birmingham.
Outpatient Projects: More Outpatient Projects
■ Development continues to take place on and around the campus of the new University Medical Center of Princeton at Plainsboro in New Jersey. The latest is a project by Children’s Hospital of Philadelphia (CHOP), which recently started construction on a
Inpatient Projects: Virginia replacement reduces beds
Riverside Health’s future hospital on Eastern Shore expected to cost about $80M FORT WORTH, Texas – Officials with HCA North Texas recently broke ground on a $71 million future hospital and an adjoining MOB in an area known as Alliance in north Fort Worth, a marketplace that has become highly competitive among healthcare providers. Both […]
Inpatient Projects: Despite court delay, Centegra still planning $233M Illinois hospital
HUNTLEY, Ill. – A late-October groundbreaking planned for a new hospital in Huntley has been postponed, perhaps until December, due to an ongoing court battle concerning the project’s certificate of need (CON) approval from the state. Despite the setback, officials with Crystal Lake, Ill.-based Centegra Health System say they are confident that a judge will […]
Inpatient Projects:HCA breaks ground in competitive healthcare market north of Fort Worth, Texas
FORT WORTH, Texas – Officials with HCA North Texas recently broke ground on a $71 million future hospital and an adjoining MOB in an area known as Alliance in north Fort Worth, a marketplace that has become highly competitive among healthcare providers. Both the hospital, called
Inpatient Projects: Pomona, Calif., rehab provider finishes MOB, starts $45M hospital wing
POMONA, Calif. – Just as Casa Colina Centers for Rehabilitation was completing a new outpatient facility on its 20-acre campus in Pomona, it started construction on a $45 million wing of its adjacent hospital structure. Pomona is in the eastern suburbs of Los Angeles.
Inpatient Projects: More Inpatient Project News
■ Officials with a future 100-bed replacement hospital in Braselton, Ga., recently celebrated the “topping out” of construction, otherwise described as the placement of the final steel beam of the framework.
Inpatient Projects: More Inpatient Project News
■ Officials with a future 100-bed replacement hospital in Braselton, Ga., recently celebrated the “topping out” of construction, otherwise described as the placement of the final steel beam of the framework. The new hospital,
Post-Acute & Senior Living: Ventas makes $790M acquisition
Firm buys 26 independent living communities from Holiday Retirement By Murray W. Wolf Ventas Inc. (NYSE: VTR) racked up record profits during the third quarter (Q3) and completed a $790 million acquisition from Holiday Retirement. The acquisition of 26 independent living communities was not formally announced; the deal came to light during the Q3 earnings […]
Post-Acute & Senior Living: Investor demand strong, occupancies rising in senior housing sector
CHICAGO – The fundamentals for the seniors housing sector improved again during the third quarter (Q3), according to the National Investment Center (NIC) for the Seniors Housing & Care Industry. NIC released its most recent data on Oct. 10 at its 23rd annual national conference in Chicago. Perhaps most telling concerning the sector’s improving strength […]
Post-Acute & Senior Living: Pomona, Calif., rehab provider finishes MOB, starts $45M hospital wing
POMONA, Calif. – Just as Casa Colina Centers for Rehabilitation was completing a new outpatient facility on its 20-acre campus in Pomona, it started construction on a $45 million wing of its adjacent hospital structure. Pomona is in the eastern suburbs of Los Angeles.
Industry Pulse: More deals likely for Tenet after Vanguard
Health system lands new hospitals as well as even more acquisition firepower As most people involved in healthcare are well aware, Dallas-based Tenet Healthcare Corp. (NYSE: THC) in early October closed on its acquisition of Nashville, Tenn.-based Vanguard Health Systems, which had raised $450 million in an initial public offering (IPO) in 2011.
Industry Pulse: HRE hiring has been heating up this year
Increasing confidence has created a hot market for top-tier talent When the U.S. economy tanked, the healthcare real estate (HRE) sector was not immune.Although the subsequent downsizings at some firms were obviously difficult for those who lost their jobs, they were also painful for those who had to make those hard decisions, says Kevin Jones, managing […]
Industry Pulse: Even a boom town is scaling back hospital
North Dakota’s population boom is no match for trend toward smaller hospitals As the quaint prairie town of Dickinson continues to boom amid North Dakota’s oil-producing “gold rush,” its schools, roads and stores are getting bigger. Housing is expanding rapidly. It’s all part of trying to keep up with a population that has nearly doubled […]
Industry Pulse: MOBs, senior living assets on the block
SNH reports “good interest” on seven-asset MOB portfolio Healthcare real estate investment trust (REIT) Senior Housing Properties Trust (NYSE: SNH) says it is receiving “good interest” on a seven-building, 831,499 square foot medical office building (MOB) portfolio it has been marketing during the past few months. The Newton, Mass.-based firm disclosed in July that “after […]