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The developers are said to be considering other, similar medical condo projects. Rendering courtesy of Faith Development

Industry Pulse: Florida Medical Condo Comeback?

Aventura, Fla., med tower tops out, is about two-thirds sold One of the first medical office condominium projects to be built in a number of years in Miami-Dade County, Fla., is well underway near the 407-bed Aventura Hospital and Medical Center, part of HCA East Florida and Nashville, Tenn.-based HCA Holdings Inc. (NYSE: HCA).

As part of its joint venture partnership with USAA Real Estate, Flagship Healthcare Properties in mid-2016 added to its portfolio this facility, the 100,000 square foot DePaul Medical Plaza in Norfolk, Va. (Photo courtesy of Flagship Healthcare Properties)

Companies & People: Flagship adds ‘healthcare’ to its name

Company is growing in all facets; adds Dev Gregg to lead development team By John B. Mugford It seemed like only a matter of time before Brackett Flagship Properties LLC changed its named to reflect the strong niche it’s carved out in the Southeast healthcare real estate (HRE) market. The Charlotte, N.C.-based company did just […]

Capital markets: Multi-asset class portfolio finance

Capital markets: Multi-asset class portfolio finance

It’s a part of the HRE market that presents a unique financing challenge By Erik Tellefson Healthcare portfolio acquisitions were a large part of the medical office building (MOB) landscape in 2016 and this trend is projected to continue in 2017. In particular, multi-asset class healthcare portfolios will be part of the healthcare real estate […]

Companies & People: Rendina completes 62,835 square foot MOB for Dignity Health in Glendale, Ariz.

Companies & People: Rendina completes 62,835 square foot MOB for Dignity Health in Glendale, Ariz.

GLENDALE, Ariz. – Jupiter, Fla.-based Rendina Healthcare Real Estate, which has six offices nationwide, has completed a 62,835 square foot MOB on the campus of Dignity Health St. Joseph’s Westgate Medical Center in Glendale, just outside of Phoenix.

Companies & People: Morgan/Harbor completes construction of senior-focused MOB in Illinois

Companies & People: Morgan/Harbor completes construction of senior-focused MOB in Illinois

ROMEOVILLE, Ill. – Willowbrook, Ill.-based Morgan/Harbour recently completed constructing a 28,928 square foot MOB for Chicago-based Presence Health, an 11-hospital system, in Romeoville, about 25 miles southwest of downtown Chicago.

Minneapolis-based The Davis Group recently announced that it is teaming with Aventura, Fla.-based Elion Partners on the development of an MOB that will have 50,000 square feet, or more, in a new mixed-use project in Woodbury, Minn., east of St. Paul. (Rendering courtesy of The Davis Group)

Outpatient Projects: Minnesota firm plans new MOB

The Davis Group announces project in expanding mixed-use development By John B. Mugford The most prolific medical office building (MOB) developer in the Twin Cities area of Minneapolis and St. Paul, Minn., during the past couple of decades is planning another facility in a growing suburb. Minneapolis-based The Davis Group recently announced that it is […]