Inpatient Projects: Second tower, with 420 beds, is under construction at new St. Luke’s-Baylor campus in Houston
HOUSTON – Construction is underway on “tower 2” at CHI St. Luke’s Health-Baylor St. Luke’s Medical Center (Baylor St. Luke’s) in Houston.
Inpatient Projects: CHA Hollywood (Calif.) Presbyterian to kick off $200 million, 10-year master plan
LOS ANGELES – CHA Hollywood Presbyterian Medical Center, not far from Sunset Boulevard and a provider of health services in the local community for almost 100 years, says it is about to begin the first phase of a $200 million, 10-year master plan to expand and modernize the campus.
Inpatient Projects: Memorial Hospital in York, Pa., plans to break ground on $120 million replacement
WEST MANCHESTER TOWNSHIP, Pa. – Memorial Hospital in York, Pa., says it plans to move forward with plans for a new $120 million replacement hospital campus in nearby West Manchester Township.
Capital Markets: Third-party reports are important
Lenders rely on objective outside assessments when underwriting MOB deals By Erik Tellefson Third-party reports can play a critical role in medical office building (MOB) transactions. These are reports on the building and the site and are required and relied upon by lenders, and often by buyers. Third-party reports are performed by third parties (hence […]
REIT Report: A sigh of relief for unlisted REITs
But the Dept. of Labor ruling calls for more transparency concerning costs, fees By John B. Mugford Opinions among healthcare real estate (HRE) professionals differ on whether the U.S. Department of Labor’s (DOL) final version of its new fiduciary rule concerning retirement accounts will have a positive or a negative effect on the non-traded real […]
Industry Pulse: Top Developer List Harder to Come By
Have you seen the new rankings? Neither have we. Most healthcare real estate (HRE) professionals probably subscribe to Modern Healthcare magazine. We do. There isn’t much real estate coverage, but the weekly magazine helps us to stay abreast of the major trends in the healthcare industry.
Industry Pulse: On The Record – Trask Leonard
Who is currently looking to buy medical facilities in San Francisco and the Bay Area? “We’re seeing a lot of private investors, as there is a lot of accumulation of wealth in the technology sector. I have many people who talk to me and say, ‘I don’t know what to do with my money. Help […]
Industry Pulse: High-Value Houston MOB Recently Recapitalized
Alaska Permanent Fund Corp. and CS Capital Investment are the new investors in the MOB. Recapitalizations typically don’t garner headlines on a par with sale transactions. But when the recapitalized asset is undoubtedly one of the nation’s most valuable medical properties, that is worth some ink.
Editor’s Letter: Strong ties to BOMA
If you’re at the MOB conference, stop in to see us Dear Reader, In case you haven’t noticed or don’t receive the BOMA Magazine, which is published every other month by the Building Owners and Managers Association (BOMA) International, Healthcare Real Estate Insights™ has been contributing a column in each issue for the past couple […]
Post-Acute & Senior Living: ‘It’s a time of profound change’
2016 NIC Spring Investment Forum spotlights shifting healthcare model By Murray W. Wolf The predominant theme was “change” as more than 1,500 post-acute and senior living professionals gathered March 9-11 in Dallas for the 2016 NIC Spring Investment Forum, presented by the National Investment Center for Seniors Housing & Care (NIC).
Companies & People: 5 Questions for Mark Toothacre
The Pacific Medical Buildings president talks about adapting in the new era By John B. Mugford Long before medical office buildings (MOBs) became a “cool” or trendy investment, there was Pacific Medical Buildings, a West Coast-based developer, owner and manager of outpatient healthcare facilities.
News Release: The Missner Group Completes Build-Out in Glenview for Illinois Bone & Joint Orthoaccess
(Des Plaines, Illinois) – The Missner Group is pleased to announce that the firm has completed a medical office build-out on behalf of Illinois Bone & Joint Institute (IBJI) OrthoAccess located at 2401 Ravine Way in Glenview, Illinois. IBJI OrthoAccess is a walk-in clinic designed to treat injuries such as fractures, sprains, strains, work and […]
For Sale: Outpatient Health Center | Philadelphia, PA | 125,692 SF
JLL is pleased to offer for sale the fee simple interest in a fully leased Class A outpatient health center totaling 125,692 RSF. This critical off-campus destination of Crozer-Keystone Health System is located in Glen Mills, Pennsylvania, an affluent suburb of Philadelphia. Crozer Brinton Lake features high-value services and amenities such as a surgery center, […]
News Release: Just Closed – Emerson Medical Building
The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of Emerson Medical Building. Sale Date: March 24, 2016 Price: $14,250,000 Price Per SF: $364 Building Size: 39,184 SF Year Built: 1989, Fully Renovated 2013-2015 Occupancy: 100% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale […]
For Sale: Just Listed – Value Add Medical Office – 301 N. Prairie Avenue, Inglewood
Download Brochure Download Confidentiality Agreement Contact Us Bill Maher +1 310 363 4929 bill.maher@cbre.com Lic. 01080990 Greg Stumm +1 310 363 4811 greg.stumm@cbre.com Lic. 01954921