Companies & People: Anchor Health hires David Chung, formerly of Duke Realty, to lead business in the West
Anchor Health Properties, a full-service healthcare real estate (HRE) firm with six offices nationwide, has hired David Chung as executive VP for its operations in the western United States.
Finalists: Best Inpatient Facility – Kaiser Kearny Mesa, San Diego
Developer: Kaiser Permanente Kaiser Permanent recently opened the $850 million, 321-bed Kaiser Kearny Mesa Hospital – the first new hospital in San Diego County in 40 years.
Post-Acute & Senior Living: Dealing with troubled operators
In earnings call, NHI officials discuss how they handle struggling properties By John B. Mugford While most owners of senior housing property remain bullish on the sector, especially over the long term, many find themselves having to take measures to turn around struggling facilities and, perhaps, change operators within their portfolios in the short […]
Industry Pulse: Mob demand remains high despite uncertainty
Despite uncertainty, MOBs remain hot with investors thanks to favorable demographics Ongoing uncertainty about healthcare will likely persist for an extended period, but positive demographic factors continue to support a growing medical office building (MOB) market.
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: VA selects site for $925 million, 104-bed replacement for medical center in Louisville, Ky., area
LOUISVILLE, Ky. – More than a decade after announcing plans to replace the 1950s-era Robley Rex VA Medical Center in the Louisville, the U.S. Department of Veterans Affairs (VA) has selected a site.
Post-Acute & Senior Living: HCP details plan to reduce its Brookdale portfolio, both operating and triple-net
LONG BEACH, Calif. – Long Beach-based HCP Inc. (NYSE: HCP), announced Nov. 2 that it has completed several transactions with Brentwood,
Outpatient Projects: Ryan Companies breaks ground for MOB near Tampa, Fla.; Colliers brokers lease
TAMPA, Fla. – In more news from the Tampa area, Florida Orthopaedic Institute has signed a leased for 29,000 square feet in the future Brandon Gateway Medical Plaza being developed in the suburb of Brandon, Fla.
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.
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.
December 2017
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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.