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Hot Property: An offering for the times
The MMRE Portfolio should whet the appetites of today’s hungriest, largest investors Name: MMRE Portfolio Number of buildings: 17 Square feet: 813,467 Location: 9 states Seller: Montecito Medical R.E. Occupancy: 96.9% Investment grade: 40% Lease structures: Triple net Brokerage: CBRE Brokers: Christopher R. Bodnar, Lee Asher, Sabrina Solomiany, Ryan Lindsley Coming off what could be […]
Companies & People: Five questions for Tim Stanton
An HSA PrimeCare founding executive gains a new perspective after a near-death crisis By John B. Mugford Tim Stanton has been with Chicago-based HSA PrimeCare, the healthcare division of HSA Commercial and its billion-dollar portfolio, from the get-go. Since the company launched the healthcare arm in the mid-1990s, Mr. Stanton has been an integral part […]
Thought Leaders: JLL 2018 Healthcare Real Estate Outlook
Investors are placing their bets on the growing medical office sector The $1 trillion healthcare real estate market is becoming more diverse, with a shifting preference to outpatient medical care, leading to new real estate strategies to meet the demand for lower cost, patient-centric care in convenient community settings and more diverse facility types to […]
News Releases: John Thomas of Physicians Realty Trust and Other Panelists Discuss REIT Trends at Annual Building Owners and Managers Medical Office Building Conference
Headline: John Thomas of Physicians Realty Trust and Other Panelists Discuss REIT Trends at Annual Building Owners and Managers Medical Office Building Conference Date: 05-23-2018 For a complete listing of our press releases, please click here HOUSTON–(BUSINESS WIRE)– John T. Thomas, President, Chief Executive Officer and Trustee of Physicians Realty Trust (NYSE: DOC), shared his […]
News Releases: Bristol Hospital and Rendina Start Construction on Downtown Ambulatory Care Center
BRISTOL, Conn., May 23, 2018 – The hard work invested throughout nearly two years of planning, permitting, design and financing will soon be realized for Bristol Hospital. Earlier this month, the hospital broke ground on The Bristol Hospital Ambulatory Care Center (ACC), a 62,000 square foot healthcare facility that promises to help expand healthcare services […]
News Releases: NexCore Group Grows Again, Adding Five Employees to its Team
The national healthcare real estate firm’s rapid growth continues, requiring the additions of five more employees: Mike Zagorski, Stephen Freeman, Hunter MacLeod, Lauren Irwin and Vivian Yang DENVER, May 16, 2018 – NexCore Group, a large and fast-growing national healthcare real estate (HRE) developer, announced today that it is further expanding its Design & Construction, […]
Cover Story: Third-party capital has its uses
Panel at 2018 BOMA MOB conference discusses what the ‘new era’ of partners can provide By John B. Mugford Let’s all face it, a majority of the country’s health systems are not going to be selling, or monetizing, all of their medical office buildings (MOBs) to third-party investors anytime soon. Yet, during an era when […]
News Releases: Announcement – $15,800,000 Medical Office Sale in Pell City, AL. – Fairfield Advisors
Fairfield Advisors announces sale of Northside Medical Office II in Pell City, AL. – $15,800,000 Transaction – (Denver, CO. and Birmingham, AL. ) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Northside Medical Office Building II located at 74 Plaza Drive in Pell City, AL. The […]
News Release: Kaiser Permanente Opens New State-of-the-Art Medical Office Building in Southwest Santa Rosa
Press Release ‘Next generation’ facility enhances access, quality of patient care May 21, 2018 SANTA ROSA, Calif. — Kaiser Permanente opened a new state-of-the-art medical office building today in Southwest Santa Rosa. The three-story Kaiser Permanente Mercury Way Medical Office Building, located at 2240 Mercury Way, offers a wide range of primary care services, including adult family […]
Thought Leaders: Despite Significant Changes, Healthcare Market Making Big Strides
2017 KEY TAKEAWAYS • Surprisingly, indecision in healthcare legislation has not hindered reform and progress. The majority of hospitals and health systems have already made great strides in healthcare reform through private sector partnerships, rapid strategic consolidations and cost reduction strategies. Healthcare M&A activity peaked in 2017 transactions and announcements for 2018. • While healthcare […]
Cover Story: ‘Constellations’ are the key to success
Why interconnected networks are crucial for ambulatory strategy and healthcare real estate By John B. Mugford Ever since humans first looked to the night sky, they have found and used patterns, or constellations, among the stars to help them survive. “Individual stars are beautiful, and are bright, but are not really useful to us as […]
News Release: Colliers International to make transformational strategic investment in Harrison Street Real Estate
Date Published: 05/14/2018 Creates leading international asset management business and further strengthens Colliers’ global platform and service offerings TORONTO AND CHICAGO, May 14, 2018 – Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ and TSX: CIGI) today announced it has agreed to make a transformational, strategic investment in Harrison Street Real Estate […]
News Release: $300 Million Expansion on Tap at Texas Health Fort Worth
New surgical patient tower to be largest construction project in system history Published On: 05/09/2018 ARLINGTON, Texas — Texas Health Resources has announced a $300-million expansion of Texas Health Harris Methodist Hospital Fort Worth that will feature a nine-story patient bed tower and major modernization of surgical services. It is the largest construction project in the […]
News Release: Jefferson Washington Township Hospital Breaks Ground On $205 Million Expansion
Sewell, NJ.– Jefferson Health leadership, associates, fellow enterprise invitees and local dignitaries gathered on Wednesday, May 9, to celebrate the groundbreaking of a $205 million expansion of Jefferson Washington Township Hospital in Sewell, NJ.Expansion will be divided into two phases, the first anticipated for a spring 2019 completion, followed by a spring 2021 completion for the second […]
News Release: Sina Companies breaks ground for Mississippi MOB
The new 57,221 square foot Orthopaedic & Sports Medicine center at the Hattiesburg Clinic will house clinical practices, a physical therapy suite, a community conference center, an imaging suite and more HATTIESBURG, Miss., and PALM BEACH GARDENS, Fla., May 9, 2018 – The Atlanta office of Palm Beach Gardens-based Sina Companies has broken ground on a new […]