Webmaster2
Finalists: Best New Mob – Tennessee Cancer Specialists MOB, Knoxville, Tenn.
Developer: Realty Trust Group TCS needed an alternative to its cramped practice in a multi-tenant, hospital-owned MOB. It desired more visibility, expansion potential, better parking and wayfinding, and physician ownership.
Finalists: Renovated/Repurposed – NHRMC Zimmer Cancer Center, Wilmington, N.C.
Developer: New Hanover Regional Medical Center The renovated space opened in February 2017 and the expansion was finished in September 2017. The $14.5 million Zimmer Cancer Center project successfully consolidates a hospital based oncology program with a local physician-based practice to streamline healthcare delivery for both patients and providers. Cape Fear Cancer Specialists moved its […]
Inpatient Projects: Highmark, Allegheny in Pittsburgh to invest more than $1 billion in the region
PITTSBURGH – As noted on the previous page, the University of Pittsburgh Medical Center (UPMC) plans to invest about $2 billion in three new specialty hospitals.
Finalists: Best New Mob – Calhoun Health Care Center, Brookfield, Wis.
Developer: Irgens When the former Venice Club was foreclosed on in May 2014, Irgens knew the highly visible retail location offered an excellent opportunity for an MOB.
Transactions: Bamboo Micro Equity Fund I acquires 52,000 square foot MOB outside of St. Louis
SUNSET HILLS, Mo. – Chesterfield, Mo.-based Bamboo Equity Partners, which manages $450 million worth of real estate in the Midwest, recently acquired an MOB in Sunset Hills, outside of St. Louis, through its Bamboo Micro Opportunity Fund I LP.
Finalists: Best Post-Acute/Senior Living – Heartis Clear Lake, Webster, Texas
Developer: Caddis Because of Caddis’ proactive actions to protect residents during Hurricane Harvey and its early design efforts to ensure the building was safe, the company has been inundated with inquiries from local residents interested in moving into Heartis Clear Lake.
Finalists: Best New Mob – Oakland Medical Office Building, Oakland, Calif.
Developer: Meridian When asked to find a site for a dialysis clinic in a busy Oakland corridor with extremely limited development opportunities, Meridian delivered.
Post-Acute & Senior Living: Welbrook Senior Living starts its second transitional rehab facility in New Mexico
FARMINGTON, N.M. – El Segundo, Calif.-based Welbrook Senior Living recently started construction on its second transitional rehabilitation facility in New Mexico.
Finalists: Renovated/Repurposed – Drummond Physical Rehabilitation Institute, Boca Raton, Fla.
Developer: Boca Raton Regional Hospital This was an incredibly complex renovation and exterior addition. The developer faced multiple challenges including soil stabilization for the pool addition and structural shoring for the roofing and structural steel installation.
Transactions: Montecito acquires newly constructed, 16,500 square foot MOB near Nashville, Tenn.
MT. JULIET, Tenn. – In more news from Montecito Medical Real Estate, the firm announced recently that it acquired the 16,500 square foot Saint Thomas – Mt. Juliet MOB in rapidly growing Mt. Juliet, near Nashville.
Finalists: Best Inpatient Facility -Winston Medical Center, Louisville, Miss
Developer: Winston Medical Center Residents of the Louisville area recently celebrated the completion of the new 62,739, $55 million Winston Medical Center, about three years after a tornado destroyed the only hospital within a 30-mile radius of the town, killed 10 people and left hundreds homeless.
Finalists: HRE Executive of the year
Darryl Freling Founder and Managing Principal, MedProperties Holdings LLC Darryl Freling’s many years of leadership and expertise in the healthcare real estate (HRE) sector reached a new high in 2017, as he led MedProperties through the largest transaction of its 10-year history, the acquisition of the $230 million Harrison Street Portfolio with 17 properties in […]
Finalists: Best Post-Acute/Senior Living – Walnut Crossing Assisted Living & Memory Care, Marysville, Ohio
Developer: NexCore Group LLC NexCore’s solution was able to deliver rates comparable to older facilities in the market; reduce FTE counts by reducing staff travel distance to dining areas;
Post-Acute & Senior Living: Chicago firm acquires three assisted living, memory care properties in Greater Dallas
GREATER DALLAS – The Dallas Business Journal reported Nov. 20 that Chicago-based CA Ventures and its CA Senior Living LLC have agreed to acquire three properties in suburbs north of Dallas.
Finalists: Best New Mob – Kaiser Permanente La Habra Medical Offices, La Habra, Calif.
Developer: Kaiser Foundation Health Plan Inc. Kaiser Permanente desired to build a collaborative and community based next generation ambulatory care design concept to support its Thrive branding campaign and serve as a model for future outpatient facilities in Orange County.