Industry Pulse: On-Demand Healthcare Predicted to Quadruple
New Accenture research finds that nearly $1 billion per year will be invested by 2017 It’s perhaps a healthcare real estate (HRE) professional’s worst nightmare: healthcare that doesn’t require real estate.
Industry Pulse: Michigan Tax Case Being Closely Watched
Decision on Spectrum Health appeal could have big impact A successful appeal by Spectrum Health to win tax-exempt status for a medical office building (MOB) in Grand Rapids, Mich., could spur similar cases across Western Michigan – and perhaps beyond.
Industry Pulse: On the Record – Jon Wiegand
How can local providers optimize the positioning of their practice?
Industry Pulse: On the Record – Glen Perkins
Are you seeing much speculative HRE development these days?
REIT Report: HTA finding deals so far in 2016
Increased investment activity follows a slight slowdown in investments in 2015 By John B. Mugford At a time when the country’s publicly traded, healthcare-focused real estate investment trusts (REITs) are supposedly being a bit more cautious about making medical office building (MOB) acquisitions, Scottsdale, Ariz.-based Healthcare Trust of America Inc. (NYSE: HTA) recently found a […]
Post-Acute & Senior Living: Kansas City firm continues growth
Tutera Senior Living to break ground on $65M project in Tiffany Springs, Mo. By John B. Mugford Kansas City, Mo.-based Tutera Senior Living & Health Care is about to add to its portfolio of 47 senior living communities that it operates, most of which are in the Midwest and Southeast.
Editor’s Letter: Insightful keynotes
BOMA talks covered a range of hot topics Dear Reader, That the lineup of speakers and panel discussions this year’s BOMA International Medical Office Building & Healthcare Real Estate Conference in Orlando, Fla., was particularly strong. So whether you were among the 1,000 or so people in attendance, we felt that some conference highlights deserve […]
Post-Acute & Senior Living: Affordable senior complex planned for Phoenix by Gardner Capital Development
PHOENIX – The Arizona office of Gardner Capital Development was recently awarded a reservation of Low Income Housing Tax Credits from the Arizona Department of Housing in order to move forward with its plans for an affordable seniors housing project in Phoenix.
Capital Markets: The impact of anchor tenants
Evaluating the effects of influential tenants on multi-asset MOB portfolios By Erik Tellefson Portfolios of medical office buildings (MOBs) have some built-in advantages for buyers and investors. People still need medical care, and that care, for the most part, is still delivered face-to-face through in-person visits.
Industry Pulse: ‘We’re Still Going to Need Buildings’
But system CEO says those buildings will need to change As noted in the article to the far left, on-demand healthcare and other innovations are changing the industry, potentially reducing the need for some types of healthcare real estate (HRE). But there’s no need for HRE professionals to panic.
Post-Acute & Senior Living: Another seniors project to break ground in booming Charleston, S.C., area
CHARLESTON, S.C. – With its charming and historic downtown and temperate winter weather, the Charleston area is seeing plenty of demand for a variety of senior housing projects. Among the dozen or so projects planned or underway in the area is one in Mount Pleasant, a suburb just across the Cooper River from the heart […]
Industry Pulse: HRE Leasing Market Will Tighten Further in 2016
Increasing demand and falling construction might be a positive for current MOB landlords. Although medical office building (MOB) construction, occupancies and rental rates still haven’t returned to pre-Great Recession levels, a first quarter (Q1) 2016 decline in construction has helped to improve occupancies and rents, according to the “U.S. Healthcare Real Estate Outlook 2016” report […]
Post-Acute & Senior Living: Sonata Senior Living plans $30 million senior community in Winter Garden, Fla.
WINTER GARDEN, Fla. – On a site across from its memory care community in Winter Garden, Sonata Senior Living, based in Orlando, Fla., has plans to build a 139,000 square foot, 113-unit independent living seniors community.
Post-Acute & Senior Living: Houston-based Cardinal Bay acquires eight-property senior portfolio for $210 million
TEXAS and OKLAHOMA – Cardinal Bay recently closed on the acquisition of an eight-property senior housing portfolio in Greater Houston and Oklahoma City.
Companies & People: Scott North joins McGough Construction as executive VP of national healthcare group
ST. PAUL, Minn. – McGough Construction recently announced that Scott North has joined the company as EVP of its national healthcare group.