Transactions: Chicago-area MOB portfolio acquired by Griffin-American REIT
HINSDALE, Ill. – Newport Beach, Calif.-based Griffin-American Healthcare REIT II recently acquired a two-building, 88 percent leased MOB portfolio in Hinsdale, Ill., that is anchored by two large Chicago-area providers. Griffin-American paid $35.5 million for the facilities at 908 N. Elm St., or about $210 PSF, according to RCA. The 169,078 square foot, two building […]
Industry Pulse: Are you ready for some senior housing?
Senior housing is replacing the NFL at the former site of Baltimore’s Memorial Stadium Baltimore’s venerable Memorial Stadium, once home to the Baltimore Colts, Ravens and Orioles, among other pro sports teams, packed plenty of memories. But when the Colts moved to Indianapolis in 1984, support grew for the idea of replacing the antiquated stadium […]
Industry Pulse: This HRE developer was ‘Kona Inspired’
To meet Todd Varney is to meet a highly conditioned athlete. However, this was not always the case for the healthcare developer with NexCore Group.Fact is, Mr. Varney was diagnosed as obese in 2008. Though the news shocked him, it also inspired Mr. Varney to start exercising and competing in perhaps the most grueling of […]
Industry Pulse: On The Record
Is the universe of HRE investors expanding? “Yes, it’s all the same people plus it’s non-traded REITs for sure – five or six of them that are aggressively looking at senior housing, skilled nursing and medical office. There are pension funds, private equity and certainly, the public REITs, and even some operators. So it’s a […]
Publisher’s Letter: And the winner is…
…maybe you! Enter the new HREI INSIGHTS AWARDS Dear Reader: It’s about time. That pretty much sums up how I feel about the new HREI Insights Awards™. If you haven’t heard by now, Healthcare Real Estate Insights™ recently announced the creation of the HREI Insights Awards™, the only comprehensive national awards totally dedicated to recognizing […]
Cover Story Sidebar: A quick look at the Buffalo Niagara Medical Campus
The healthcare district has made quite a turnaround and revitalized a portion of the city These days, the bustling 120-acre Buffalo Niagara Medical Campus (BNMC) just outside of downtown Buffalo, N.Y., is a fine example of how healthcare can revitalize a community and, for that matter, a city. According to some local reports, the area […]
News Release: Michael W. Folonis Architects Wins Merit Award for ‘Pretty Cool’ Building
Sustainable Outpatient Surgery Center Recognized by AIA California Council LOS ANGELES, August 22, 2013 – The UCLA Outpatient Surgery and Medical Building designed by Michael W. Folonis Architects has won a 2013 Merit Award from the American Institute of Architects California Council (AIACC). This is the 11th award for the full-service architecture firm’s first healthcare […]
News Release: AHF Partners with Florida Department of Health on New Wellness Center
FT. LAUDERDALE (August 26, 2013) – As Broward County residents face a drastic rise in the numbers of new syphilis cases county-wide, AIDS Healthcare Foundation (AHF) is helping to reduce rates of STD and HIV infections through the new Broward Wellness Center. The state-of-the-art facility will host a grand opening ceremony on Monday, August 26 at […]
News Release: Montecito Medical Acquires Columbia Medical Campus
SANTA BARBARA, CA (July 30, 2013) – Montecito Medical, a premier owner of medical office buildings throughout the US, has acquired the Columbia Medical Campus (CMC) in Columbia, Maryland. Located in Howard County, the 3rd wealthiest county in the nation, Columbia Medical Campus is comprised of two medical office buildings (Knoll I and Knoll II) totaling […]
News Release: Recently Completed ERDMAN Project Earns LEED® Gold Certification
Multi-specialty clinic utilized numerous sustainable strategies in design and construction MADISON, Wis. (Aug. 20, 2013) – ERDMAN, a Madison-based national leader in healthcare consulting, facility planning, development and design-build, today announced that one of its most recently completed projects – the $32.6 million Facey Medical Group’s Mission Hills Clinic in Mission Hills, Calif. – has been […]
HREI announces first ever comprehensive awards program celebrating excellence in healthcare real estate development: The HREI Insights Awards
About the HREI Insights Awards™ The HREI Insights Awards™ have been established by Healthcare Real Estate Insights™ magazine to recognize excellence in healthcare real estate. The HREI Insights Awards are the only awards totally dedicated to the healthcare real estate sector. Please click on these links or scroll down for details: Award Categories How to […]
Archives: August 2013
Please click on one of the options below to access the current edition of Healthcare Real Estate Insights™ in your preferred format (paid subscription required): PDF (“snapshot” of entire publication) Website (individual articles) Digital flipbook (COMING SOON!) 2013 Archives
Transactions: Q2 sees sizable drop in MOB sales
But HRE professionals say demand remains strong and won’t ease anytime soon By John Mugford Not since the third quarter (Q3) of 2011 has the nationwide sales volume for medical office buildings (MOBs) been lower than the total for the second quarter (Q2) of this year. In fact, the sales total of
News Release: Lillibridge Acquires Advocate MOBs
409,000 square feet added to MOB portfolio, strengthening Advocate relationship CHICAGO, Aug. 19, 2013 – Lillibridge Healthcare Services, Inc. (Lillibridge), the nation’s largest owner and manager of medical office buildings (MOBs) and a wholly owned subsidiary of Ventas, Inc. (NYSE: VTR), has acquired a 409,000 square foot MOB portfolio located on the campuses of five Advocate […]
Cover Story: Big bucks in Buffalo
H2C taps Seavest for $100.7 million Conventus project By John B. Mugford Healthcare real estate development is playing a key role in Buffalo’s resurgence. Everyone seems to know all of the negatives – and the jokes – about Buffalo, N.Y., such as the back-breaking 93 inches of annual snowfall, the devastating loss of 50 percent […]
