Transactions: Greenlaw-UBS JV acquires suburban Los Angeles MOB from Ventas for $34.5 million
LAGUNA HILLS, Calif. – Greenlaw Partners LLC and UBS Realty Investors LLC, a joint venture partnership, recently acquired the Saddleback Medical Center in Laguna Hills.
Transactions: CNL pays $54.8 million for MOB complex near Las Vegas; Fairfield brokers deal
HENDERSON, Nev. – A Las Vegas-based development firm that specializes in shopping centers delved into healthcare real estate back in 2006, completing the three-building, 139,222 square foot Siena Heights Medical Pavilion across the street from a major hospital in Henderson. The company, Siena Heights Holding Co., recently took advantage of strong HRE market pricing, selling […]
Outpatient Projects: Duke starts MOB in Oxford, Miss.
78,000 square foot facility slated for replacement campus in a growing market By John B. Mugford Population growth coupled with a lack of medical office space is driving a new outpatient project at a future replacement hospital campus in Oxford, Miss., about 80 miles south of Memphis, Tenn.
Outpatient Projects: Ryan Cos. US developing two suburban clinics for Children’s in Wisconsin
MILWAUKEE – As Children’s Hospital of Wisconsin continues to expand its presence in the Milwaukee suburbs, Minneapolis-based Ryan Companies US Inc. is gaining plenty of development work from the two-hospital, multiple-location system.
Outpatient Projects: HR Trust moving forward with MOB in the hot Pill Hill market of Seattle
SEATTLE – Publicly traded, Nashville, Tenn.-based Healthcare Realty Trust (NYSE: HR) is best-known as a buyer and owner of MOB assets. It is, quite often, however, a developer and co-developer as well.
Outpatient Projects: MOB, as part of larger project, planned for ritzy Buckhead area in Atlanta
ATLANTA – In a city where not much medical office space has been developed in recent years, Atlanta-based The Loudermilk Cos. recently announced that it plans to break ground on four redevelopment projects, including an MOB, in a two-block area in the heart of the affluent Buckhead area of the city.
Inpatient Projects: HCA’s new hospital in Virginia has room, plans to double bed count
DULLES, Va. – Even though the brand new, $186 million StoneSprings Hospital Center in Loudoun County, Va., has 124 beds and 234,000 square feet of space, officials with its parent organization, HCA Holdings, have plans to expand the campus.
Inpatient Projects: Methodist Healthcare has plans for $330 million of expansions in Memphis
MEMPHIS, Tenn. – Memphis-based Methodist Le Bonheur Healthcare is moving forward with two major expansion projects totaling about $330 million in its hometown, one at its flagship hospital and one at its children’s facility.
Inpatient Projects: Four small hospitals coming to Vegas
Neighborhood hospitals will have eight beds and emphasize emergency care By John B. Mugford Even though the new healthcare delivery model puts less of an impact on providing inpatient care, a pair of healthcare providers are teaming up to bring four new hospitals to growing areas of Greater Las Vegas that are in need of […]
Inpatient Projects: More Inpatient Real Estate Project News
Trinity Mother Frances Hospitals and Clinics, which operates a 404-bed flagship facility in the heart of Tyler, Texas, recently announced that it plans to move forward with a new, 41,200 square foot inpatient facility with an ED on the south side of the city, which is about 100 miles east of Dallas. The community hospital, […]
Inpatient Projects: Corpus Christi, Texas, health system to expand one hospital and raze another
CORPUS CHRISTI, Texas – Operating two hospitals within a couple of miles of each other just isn’t very efficient, according to officials with Corpus Christi, Texas-based Christus Spohn Health System.
Post-Acute & Senior Living: More Post-Acute and Senior Living news
In a newly formed joint venture (JV) partnership, Boston-based Blue Moon Capital Partners LLC and Des Moines, Iowa-based LCS are teaming up to build the 207-unit The Delaney at Parkway Lakes in Katy, Texas, a growing suburb about 30 miles west of Houston. The facility will have independent living, assisted living and memory care beds. […]
Industry Pulse: Population Health Will be a Key in 2016
PHM transition will be key to achieving IHI’s “triple aim” Population health management (PHM) will be the dominant trend for the acute care sector this year. That’s according to the recent “2016 Healthcare Industry Outlook” report from the investment bank Cain Brothers & Co. LLC.
Post-Acute & Senior Living: Senior sector might see challenges
NIC points to economic uncertainty and booming construction in some markets By Murray W. Wolf The senior housing sector might encounter “some bumps in the road” this year, as changes to the U.S. economy could have implications for capital costs, deal pricing and property valuations. Yet senior housing construction is booming in some markets.
Industry Pulse: On the Record – Dr. Larry Goodman
Why is Rush planning a new $500M outpatient center in Chicago? “These initiatives will allow us to best coordinate services for patients, and to prepare our students for their roles as the next generation of healthcare professionals. We are excited to work with our stakeholders and partners to finalize plans and help bring the Rush […]