Finalists: HRE Executive of the year – Past Executive of the Year Winners
Previous winners have included three healthcare real estate brokers, a lender and a developer Previous winners of the HREI Insights Award™ in the category of Healthcare Real Estate (HRE) Executive of the Year were honored for a variety of reasons.
Industry Pulse: MOBs will continue to play a key role
‘Patient-centered’ ambulatory facilities are a strategic focus The “patient-centered ambulatory facility” will play a crucial role in delivering care for the new healthcare consumer. That’s according to Matt Pesesky of The Advisory Board, who was the keynote speaker at the Oct. 26, 2017, Suburban Chicago BOMA conference, “The Evolving Medical Office Building.”
Transactions: Flagship Healthcare acquires ASC in Holly Springs, N.C., 7th facility in its second fund
HOLLY SPRINGS, N.C. – Charlotte, N.C.-based Flagship Healthcare Properties in October acquired the newly completed Holly Springs Surgery Center at 600 Village Walk Drive in Holly Springs for $6.8 million, according to data from Real Capital Analytics (RCA) Inc.
Outpatient Projects: Hospital in Arlington, Va., has plans for a 230,000 square foot outpatient pavilion
ALEXANDRIA, Va. – As part of a planned expansion, Virginia Hospital Center (VHC) in Arlington wants to build a 230,000 square foot, seven-story outpatient pavilion.
Finalists: HRE Executive of the year
J. Michael Davis Managing Director and Group Head, Cain Brothers Real Estate Services For over 28 years, Michael Davis has provided healthcare real estate (HRE) leadership for clients nationwide and served as an industry pioneer. Mr. Davis has led and grown Cain Brothers into one of the most respected HRE advisory platforms in the country.
Post-Acute & Senior Living: MorningStar and Confluent break ground for 85-suite senior living community in Santa Fe, N.M.
SANTA FE, N.M. –In more New Mexico news, Morning Star Senior Living and Confluent Senior Living recently broke ground for a new senior living community on four acres in Santa Fe.
Inpatient Projects: UPMC to invest in digital hospitals
Three new Pittsburgh-area facilities would come at a cost of about $2 billion By John B. Mugford The University of Pittsburgh Medical Center (UPMC), a system with more than 25 hospital campuses, is planning three new specialty hospitals focused on using translational science to provide personalized patient care.
Finalists: Best New Mob – USC Norris Healthcare Center, Los Angeles
Developer: University of Southern California, Health Science (USC) The project was successful in terms of being very open and transparent throughout the entire process. The contractor (DPR) was very realistic with the owner in terms of money and time, which was crucial given the scope changes mid-project. One way it did this was by […]
Finalists: Best New Mob – Sutter Health MOB (Tracy Care Center), Tracy Calif
Developer: Sutter Gould Medical Foundation Sutter Gould Medical Foundation (SGMF) wanted to modernize and consolidate its Tracy medical services spread across three locations.
Finalists: Best New Mob – Duke Southpoint, Durham, N.C.
Developer: Davis Moore Capital Duke Health took the existing clinics operating in outdated, overpriced space and consolidated them into one premier facility that increases visibility, improves their presence, and enhances patient experience.
Inpatient Projects: Stanford’s $1.2 billion Lucile Packard Children’s Hospital opening in December
PALO ALTO, Calif. – Under construction since 2012 and planned for nearly a decade, a new 521,000 square foot, $1.2 billion expansion is scheduled to open in December
Finalists: Best New Mob – Tradition HealthPark TWO, Port St. Lucie, Fla.
Developer: Optimal Outcomes The success of Tradition HealthPark TWO relied on the implementation of a strategic plan in which the precise and targeted group of medical specialists, doctors and surgeons leased, custom designed
Industry Pulse: Are Speculative MOBs making a comeback?
More MOB projects are being started without hospital or health system anchors in place Before the onset of the Great Recession, the medical office building (MOB) market was coming into its own as an asset class. MOB sales and development was booming as the sector garnered new attention from investors and capital sources.
2017 HREI Insights Awards: Celebrating five years of excellence
HREI Insights Awards™ have honored the best of the best in healthcare real estate since 2013 Excellence is defined as “the quality of being outstanding or extremely good.” That definition definitely fits the people and projects included in the 2017 HREI Insights Awards™.
Outpatient Projects: Rendina to develop MOB that will add about 120,000 square feet to Memphis, Tenn.-area campus
GERMANTOWN, Tenn. – Campbell Clinic has retained Rendina Healthcare Real Estate to be its representative in connection with the design, development and construction of a new facility on the clinic’s existing German town campus.
