Feature Story: Pandemic has done little to dent MOB investment activity
Investors in virtual InterFace event say 2020 volumes will be comparable to 2019 By John B. Mugford “This industry continues to display its real resiliency, and that is going to keep the capital flowing into it,” said Peter Westmeyer, CEO of Chicago-based Remedy Medical Properties, formerly MBRE Healthcare, which has the largest private medical office […]
News Release: Announcing the Arthur M. Blank Hospital
Children’s Healthcare of Atlanta is excited to announce the newest hospital within our healthcare system: Arthur M. Blank Hospital. Made possible through a generous $200 million donation from the Arthur M. Blank Family Foundation, the Arthur M. Blank Hospital is part of our transformative $1.5 billion project, that will be a huge leap forward in […]
News Release: Cano Health Signs 14,938SF Lease at Buena Vista Plaza in San Antonio
October 5, 2020 Henry S. Miller Brokerage in Houston, TX, represented the landlord, Fallas Borrower IV, LLC in a lease with Cano Health for a 14,938-square-foot medical office space at Buena Vista Plaza, 100 South Zarzamora St., San Antonio, TX. Aamil Safani with Cushman & Wakefield represented the tenant. Cano Health operates healthcare centers specializing in […]
News Release: Mediplex Property Group LLC Project Development Announcement
(Abington, PA): Mediplex Property Group LLC Develops New, State-of-the-Art Medical Office Building in Philadelphia’s Northern Suburbs Mediplex Property Group LLC (Mediplex) is pleased to announce the successful completion of the latest addition to its portfolio of healthcare focused real estate. Mediplex Abington is strategically located just steps from Abington Hospital – Jefferson Health, the major […]
News Release: It’s a Done Deal – Essentia Health
Raymond James Healthcare Finance It’s a done deal Raymond James serves as financial advisor for Essentia Health’s $256 million tax-exempt 2020 financing This financing, involving multiple states, issuers and banks selected on an RFP basis, enabled Essentia Health to lock in a cost of capital below 2% to refund over $190 million of existing debt while […]
News Release: Breaking Ground on the Medical Office Building in Basalt, Colorado
Construction is underway on a state-of-the-art medical facility to provide space for the most advanced musculoskeletal care in the Roaring Fork Valley October 08, 2020 13:54 ET | Source: The Steadman Clinic and Steadman Philippon Research Institute Basalt/Vail, Colorado, Oct. 08, 2020 (GLOBE NEWSWIRE) — As the latest step in a joint initiative to deliver a full complement […]
News Release: H2C Advises NorthShore University HealthSystem on the Issuance of $517.1 Million Series 2020 Bonds
CHICAGO — Oct. 8, 2020 — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, through its wholly owned subsidiary, H2C Securities Inc., served as the exclusive financial advisor to NorthShore University HealthSystem (“NorthShore”), Evanston, Ill., on the issuance of $517.1 million in tax-exempt bonds, consisting of $380.4 million in fixed rate bonds and […]
News Release: New Aggie Square MXU Project Coming at UC Davis Sacramento Medical Center
For Immediate Release Cushman & Wakefield Awarded Project Leasing for Aggie Square at UC Davis Sacramento Latest Wexford Science & Technology Community Breaking Ground Q1 2021 SACRAMENTO, Calif., October 7, 2020 – Cushman & Wakefield today announced the firm has been engaged by Wexford Science & Technology, LLC to provide leasing services for Aggie Square at the […]
News Release: CBRE Expands Healthcare And Life Sciences Group In Houston
Houston, Texas | October 7, 2020 CBRE announces that Wesley Hightower and Emily Friedlander have joined CBRE’s Healthcare & Life Sciences group in Houston. Mr. Hightower and Ms. Friedlander both have extensive experience with healthcare and life science commercial real estate, bringing an immediate value to the team as the industry continues to grow in Houston. […]
News Release: Guthrie Breaks Ground on Cortland Cancer Center and Ithaca Medical Office Building
October 7, 2020 Guthrie Breaks Ground on Cortland Cancer Center and Ithaca Medical Office Building Guthrie celebrated the groundbreaking of two projects. The first, Guthrie’s new Cancer Treatment Center in Cortland, will include: Centralized location and services – providing a single, convenient point where patients can access multi-disciplinary care in radiation and medical oncology treatments, thus eliminating travel. Benefits include […]
News release: LCS Development Begins Construction on Senior Living Community Expansion
WhiteStone in Greensboro, North Carolina, announces $75M project October 06, 2020 20:45 ET | Source: LCS Development Des Moines, Oct. 06, 2020 (GLOBE NEWSWIRE) — LCS Development, An LCS Company, will begin construction on a $75 million major expansion at WhiteStone: A Masonic and Eastern Star Community in Greensboro, North Carolina. The project includes the […]
News Release: Cushman & Wakefield Arranges $5.9 Million Sale on Behalf of Rushmore Properties
For Immediate Release Medical Office Building is Currently 96% Leased JOHN’S CREEK, Georgia, October 6, 2020 – Cushman & Wakefield has arranged the $5.9 million sale of Parsons Meadow Professional Park, a 32,069-square-foot medical office building located in John’s Creek, Georgia. Cushman & Wakefield’s U.S. Healthcare Capital Markets Team of Travis Ives, Gino Lollio and […]
News Release: Seavest and Trammell Crow Company break ground for their third major MOB project in the Washington, D.C., area
FOR IMMEDIATE RELEASE The Adventist HealthCare-anchored, 97,000 square foot, Class A Medical Pavilion II at National Harbor will bring a new level of needed healthcare services to the area OXON HILL, Md., and WHITE PLAINS, N.Y., Oct. 6, 2020 – Seavest Healthcare Properties, a healthcare real estate investment firm, and Trammell Crow Company, one of […]
Feature Story: MOBs have remained strong through it all
Revista’s Mike Hargrave reports on sales volumes, construction activity and more during Colliers’ HRE web conference By John B. Mugford NATIONAL – As was predicted, albeit with some caution, medical office buildings (MOBs) have held up very well from as an investment and property type since the onset of the COVID-19 pandemic. This statement comes […]
Feature Story: COVID-19 will change healthcare delivery forever
During Colliers’ HRE webinar, Advisory Board consultant discusses the landscape By John B. Mugford Prior to the onset of the COVID-19 pandemic, it seemed as if almost every health system and provider was looking for ways to be more efficient and streamline operations, to cut costs, to get ahead of potential disruptors to the delivery […]
