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Companies: Cannon Design hired for $300M project
THE ANSCHUTZ INPATIENT PAVILION IS PLANNED FOR UNIVERSITY OF COLORADO By John Mugford St. Louis-based Cannon Design recently landed a big healthcare project, the University of Colorado’s $300 million Anschutz Inpatient Pavilion in Aurora, Colo. Canon is designing a future 200-bed tower on the 227-acre Anschutz Medical Campus, which includes health education and research facilities, […]
Inpatient Projects: Scripps in Encinitas expanding, finally
SOCAL HOSPITAL LOOKS TO KEEP UP WITH GROWTH THROUGH $200 MILLION PLAN By John Mugford After six years of planning, Scripps Memorial Hospital Encinitas (Calif.) is finally moving forward on a $200 million project that would add critical care buildings, a new medical office building (MOB) and an 883-space parking garage. Eventually, the project would […]
Outpatient Projects: Swedish, Hammes partner on projects
TWO SEATTLE-AREA FACILITIES TO HAVE FREE-STANDING ERs, AMBULATORY CARE By John Mugford Plans continue to move forward for two new outpatient projects in the Puget Sound area involving Seattle-based Swedish Health Services. One project is slated for Redmond, in the northeast Seattle suburbs, while the other is planned for Mill Creek, about 20 miles north […]
Transactions: Once again, HTA snaps up MOBs
IN JUST 30 DAYS, REIT AGREES TO FOUR ACQUISITIONS TOTALING $110 MILLION By John Mugford We realize Healthcare Trust of America Inc. (HTA) has been receiving plenty of publicity lately. However, the Scottsdale Ariz.-based, self-managed, non-traded healthcare real estate investment trust (REIT) has been making medical office building (MOB) acquisitions at a dizzying rate – […]
Capital Market Snapshot: Capital markets returning to ‘normal’
THIS HAS TAKEN PLACE AS THE GOVERNMENT HAS DECREASED ITS INVOLVEMENT by Cain Brothers We are moving into a transitional period in the capital markets – actually to a more “normal” set of market conditions. The problem is that there is no truly “normal” in the capital markets, a complex interface between those supplying capital […]
Q&A: BremnerDuke’s lofty goal
DEENI TAYLOR: FIRM SEEKS $1 BILLION IN NEW ASSETS By Murray W. Wolf and John Mugford For Indianapolis-based Bremner-Duke Healthcare Real Estate, the next several years figure to be a time of significant activity. In fact, the company, which is part of Duke Realty Corp. (NYSE: DRE), has set a goal of accumulating an additional […]
Product Focus: MOB sales bottom out
BUT EXPERTS FORESEE A POSSIBLE TURNAROUND By John Mugford Call it a year to get back on track, and to prepare for the future. That’s because, for many professionals involved in the marketing and sales of medical office buildings (MOBs), 2009 was a year when MOB sales hit the brakes after a six-year period when […]
Industry Pulse: February 2010
CHARLOTTE, N.C. – Another firm has joined the ranks of real estate companies that are increasing their offerings in the healthcare arena. Charlotte, N.C.-based Keith Corp., which was founded in 1989, recently announced that it is expanding its services to include the development, marketing, leasing and management of healthcare facilities. A new division within the […]
Editor’s Letter: Is reform debate over?
UNCERTAINTY THE MAIN PROBLEM FOR PROVIDERS Dear Reader: Just when it seemed as if healthcare reform was a done deal, Massachusetts went ahead, surprised lots of political observers – as well as Democratic leaders – and elected a Republican, Scott Brown, to the U.S. Senate in a special election. It still seems amazing that Mr. […]
People: New members join HREI™ editorial board
ADVISORY BOARD COMPRISED OF DEVELOPERS, BROKERS, LENDERS, PROVIDERS By John Mugfor The editorial advisory board of Healthcare Real Estate Insights™ just got a bit bigger and, we believe, better, mainly because it now includes a wider representation of the various segments of healthcare […]
Provider Perspective: What lies ahead for providers in 2010?
TWO SYSTEM EXECUTIVES ANSWER QUESTIONS ABOUT NOT-TOO-DISTANT FUTURE By John Mugford What’s on the minds of healthcare system executives these days, what with reform still a possibility, the recession still hanging around, and a host of other issues on the horizon or lingering? We caught up with a couple of health system executives recently to […]
Special Report: Changes ahead for healthcare industry
MEDICAL REAL ESTATE SECTOR MUST ADAPT TO NEW REALITIES, PANELISTS SAY By Murray W. Wolf Regardless of the outcome of potential reform legislation, the healthcare industry is changing fast – and medical real estate professionals must also adapt to succeed in the coming years. Variations on that theme were espoused by many of the presenters […]
Inpatient Projects: SSM’s hospital projects back on track
AS BOTTOM LINE IMPROVES, ST. LOUIS SYSTEM RESTARTING DEVELOPMENTS By John Mugford As the economy improves, there is speculation that quite a few hospitals and health systems will restart construction projects put on hold during the throes of the recession. An early example is St. Louis-based SSM Health Care, which saw its bottom line improve […]
Outpatient Projects: $150M project planned near Boston
EIGHT-STORY MOB, OFFICE BUILDING IN BROOKLINE IS UP FOR STATE REVIEW By John Mugford Now it’s up to the state of Massachusetts to determine whether Children’s Hospital Boston will be allowed to proceed with plans for an eight-story, $150 million medical and general office building in the Brookline Village area of Brookline, Mass., near Boston. […]
Transactions: Kaiser pays $42.8M for office building
PLANNED MOB CONVERSION IS MANAGED CARE FIRM’S LATEST DEAL IN D.C. AREA By John Mugford Oakland, Calif.-based Kaiser Permanente recently acquired a 200,000 square foot office building in Gaithersburg, Md., for $42.8 million. Kaiser plans to convert it into a medical office facility. Kaiser’s plans call for offering primary care, specialty care, full-service imaging, pharmacy […]