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News Release: The Neenan Company, Gerding Builders break ground on Samaritan Pacific Communities
Community Approval of $57 Million Bond Supports Updated Critical Access Hospital FORT COLLINS, Colo. — The Neenan Company, a fully integrated design-build firm based in Colorado, and Gerding Builders have broken ground on the redevelopment of a 126,000-square-foot critical access hospital for Samaritan Pacific Communities Hospital (SPCH) in Newport, Ore. The Neenan Company serves […]
News Release: Spectrum Health Opens Newest Integrated Care Campus
SPECTRUM HEALTH MEDICAL GROUP GRAND RAPIDS, Mich., May 26, 2017 – Spectrum Health will celebrate the opening of its newest integrated care campus next week. The newly-renovated facility is located at 426 Michigan Street NE in Grand Rapids. A ribbon-cutting event will be held at 3:30 p.m. on Tuesday, May 30. Several Spectrum Health representatives […]
News Release: U of L Tops Out New Pediatric Medical Office Building
Published on May 26, 2017 The first new health care delivery facility to be constructed in the Louisville Medical Center in nearly a decade reached its full height today. The University of Louisville celebrated the topping off the Pediatrics Medical Office Building with the ceremonial placement of the final, signed beam. The 171,000 sq. ft. […]
May 2017
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May 2017 PDF
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Transactions: Government REIT enters VA arena
Easterly REIT to spend $260M on federal outpatient centers in California, Indiana By John B. Mugford With a long-term lease backed by a government agency, a built-in patient base of military veterans and brand new construction, the Dept. of Veterans Affairs (VA) ambulatory care center in Loma Linda, Calif., was sure to attract investors – […]
Transactions: MOB sales drop a bit in Q1 2017
First quarter’s volume was $1.82 billion, according to Real Capital Analytics By John B. Mugford The incredible run that medical office building (MOB) sales have been on in recent years is due to come to an end, or at least come to a slowdown, at some point, according to conventional wisdom as well as a […]
Editor’s Letter: We’re all ears
We’d love to hear about your latest deals Dear Reader: I know I’ve said this many times before in the pages of Healthcare Real Estate Insights™, but I’ll day it again: send us your news.
Industry Pulse: Opportunities are increasing for retail repurposing
Almost 3,600 retail stores are slated to close this year, including hundreds of big boxes and department stores In the aftermath of the Great Recession, it became a common strategy for healthcare providers and healthcare real estate (HRE) firms to repurpose the buildings of failed big box and department stores. The bankruptcies of Circuit City, […]
Industry Pulse: On the Record – Nancy Daniels
Are receivership real estate sales more complicated than other sales?
Industry Pulse: HTA to Buy Duke Realty’s MOBs, Development Unit
Pending $2.75 billion purchase would propel HTA to the top of the MOB ownership list. Just as this edition of Healthcare Real Estate Insights™ was about to go to press, we learned that Scottsdale, Ariz.-based Healthcare Trust of America Inc. (NYSE: HTA) had agreed to acquire the entire MOB portfolio of Indianapolis-based Duke Realty Corp […]
Industry Pulse: CBRE – Firms Plan to Invest $14.9B in HRE
Allocations by HRE investors and developers are up 3%. Firms have earmarked a total of nearly $14.9 billion in equity for healthcare real estate (HRE) investment and development activity this year, according to the seventh annual HRE Investor & Developer Survey from CBRE’s U.S. Healthcare Capital Markets Group.
Industry Pulse: On the Record – Karen Torres
How does your system decide on the service mix for new MOBs?
Industry Pulse: U.S. retailers are going bankrupt at a record pace so far this year, creating vacancies
In the aftermath of the Great Recession, it became a common strategy for healthcare providers and healthcare real estate (HRE) firms to repurpose the buildings of failed big box and department stores. The bankruptcies of Circuit City, Linens & Things, Blockbuster, Borders and other retail chains dumped hundreds of large (50,000 to 200,000 square foot) […]
Industry Pulse: Readmissions Data Supports Programs
And the more programs used, the bigger the difference Hospitals participating in value-based programs have lower readmission rates. According to a new study, hospitals that participate in voluntary value-based programs have fewer readmissions than those that rely on financial incentives alone.