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Outpatient Projects: New medical office building planned near Sheridan Memorial Hospital campus

SHERIDAN, Wyo. – Officials at Sheridan Memorial Hospital say they’re planning to build a new MOB close to the hospital that could open, if all goes according to plan, in about 18 months. Mike McCafferty, Sheridan Memorial Hospital’s CEO, said the administration has been considering a new MOB for several years. He said the facility […]

Outpatient Projects: TriStar plans new ER, relocation of outpatient surgery center

NASHVILLE, Tenn. – Significant growth in the Nashville area is prompting the need for more healthcare services at TriStar Southern Hills Medical Center, according to officials. They are responding with plans for an $11 million freestanding emergency department (FED) and the relocation of an outpatient surgery center from the main campus at Wallace Road and […]

Outpatient Projects: Bon Secours Health System to expand presence in Virginia

SHORT PUMP, Va. – Bon Secours Health System, which has a number of hospitals, MOBs and long-term care facilities in Virginia, plans to expand its presence even more by building two MOBs in Short Pump, about 20 minutes northwest of Richmond.

Outpatient Projects: More Oupatient Real Estate Projects

■ Milwaukee-based developer Irgens, recently started construction on an MOB for Carlinville Area Hospital, a Critical Access Hospital (CAH) in Carlinville, Ill. The one-story, 28,000 square foot medical building will be connected to the hospital and provide outpatient physician clinical space, physical therapy, occupational therapy and behavioral health services. The facility is expected to be […]

The long-awaited replacement VA Hospital being
built for the Denver area faces many budget issues. The
facility will not open to patients until at least February 2017.
(Rendering courtesy of Kiewit-Turner)

Inpatient Projects: Colorado VA Hospital delayed again

New campus faces more uncertainty after being more than $400M over budget By Daniel H. Larson Veterans in the Denver area are going to have to wait a little longer to receive state-of-the art healthcare. The long-awaited VA hospital being built in the suburb of Aurora has experienced numerous delays and now faces a budget […]

Inpatient Projects: Stamford Hospital set for 2016 opening of $450 million expansion

STAMFORD, Conn. – Stamford Hospital officials are showing early signs of satisfaction with their current $450 million investment. Construction on a new 640,000 square foot expansion hospital is accelerating quickly and could open as soon as spring 2016. The hospital broke ground on the project in May 2013.

Inpatient Projects: U of Kansas Hospital plans $279 million expansion following $10M donation

KANSAS CITY, Kan. – Fundraising for a $279 million expansion to the University of Kansas Hospital recently got a huge boost when a Kansas City philanthropist Annette Bloch donated $10 million to the project. The hospital is hoping to use $100 million in philanthropic gifts to finance the project.

The Boston Medical Center transaction includes an option for the buyer to acquire the eight-story Newton Pavilion in three years. 
(Photo courtesy of BMC)

Industry Pulse: Complex HRE Deal Closed In Boston’s South End

Healthcare and non-healthcare assets, plus a parking ramp and land are part of the deal In what some participants are calling one of the most complex healthcare real estate (HRE) deals in Boston’s history, Washington, D.C.-based Multi-Employer Property Trust (MEPT) recently teamed up with a joint venture (JV) partner, Boston-based Leggat McCall Properties, to acquire […]

G-A Healthcare REIT II in 2014 acquired Eagle Medical Center in Carson City, Nev.
Photo courtesy of

Industry Pulse: G-A REIT II Completes Northstar Merger

  $4 billion deal included 289 assets in 32 states and the U.K. American Healthcare Investors and Griffin Capital Corp., the co-sponsors of Griffin-American Healthcare REIT II, announced Dec. 3 that they had completed a previously announced merger between Griffin-American and NorthStar Realty Finance Corp. NorthStar acquired all of the outstanding shares of Griffin-American in […]

Editor's Letter: Sure, they’re big, but… Public REITs still own less than 10% of the market

Editor’s Letter: Sure, they’re big, but… Public REITs still own less than 10% of the market

Dear Reader: This month’s cover story focuses on publicly traded healthcare real estate investment trusts (REITs), and how the REIT sector has changed and grown in recent years. That got me wondering just how much the public REITs really have grown. So I dug into the National Association of Real Estate Investment Trusts (NAREITs) archives […]

The Walt Disney Co.’s master-planned community of Celebration, Fla., is getting a new, upscale, $60 million, 225-unit continuing care retirement community.
(Photo courtesy of Big Rock Partners LLC)

Post-Acute & Senior Living: Big Rock bringing luxury to Florida

A new $60 million CCRC is coming to Celebration, Fla. to meet rising demand By Daniel H. Larson With years of healthcare real estate experience, Big Rock Partners LLC Senior Managing Principal Richard Ackerman knows how to stay on top of industry trends. The real estate executive even teaches a class on commercial real estate […]

Post-Acute & Senior Living: NHI acquires eight properties in South Atlantic for $476 million

MURFREESBORO, Tenn. – National Health Investors (NYSE: NHI) recently announced its acquisition of eight senior housing communities in four states for $476 million. The Murfreesboro, Tenn.-based real estate investment trust (REIT) plans to enter a 15-year master lease with Senior Living Communities, LLC (SLC) of Charlotte, N.C., for the properties.

Post-Acute & Senior Living: More Post-Acute & Senior Living News

■ Evans Senior Investments recently brokered the sale of Legacy Village of Layton to an undisclosed non-traded REIT for $68 million. The Class A property, which opened in 2010, sits just north of Salt Lake City and features 108 independent living units, 74 assisted living units, 24 memory care units and 40 skilled nursing and […]

REIT Report: HTA says aloha to 2014 in style

REIT Report: HTA says aloha to 2014 in style

Public healthcare REIT makes first purchases in Hawaii, invested $440M last year By John B. Mugford Scottsdale, Ariz.-based Healthcare Trust of America Inc. (NYSE: HTA) recently made its first purchases in the Aloha State, acquiring two medical office buildings (MOBs) in separate transactions on the island of Oahu for a total of $47.3 million. The […]

Capital Markets: Medical office building single assets versus MOB portfolios

An aggregation strategy can add diversification that is often accretive By Erik Tellefson Medical office buildings (MOBs), likely more so than many healthcare real estate assets, are often a single-asset real estate class. MOBs are often sold, purchased and financed as single assets, with the ultimate aggregation strategy goal of the purchaser being to put […]