2011

The role of real estate firms will change, according to several hospital and healthcare executives who spoke at the recent RealShare Medical Office Buildings conference in Scottsdale, Ariz. The discussion included (from left to right), moderator Randy McGrane and panelists Mike Brinkley, Jeff Land, Ross Caulum and Craig Jensen.
Photo courtesy of RealShare

Provider Perspective: Are MOBs an endangered species?

PROBABLY NOT, BUT PANELISTS SAY DESIGN, FINANCING, OWNERSHIP WILL CHANGE By Murray W. Wolf Will medical office buildings (MOBs) go the way of the rotary phone? Perhaps that is an exaggeration. But the way MOBs are designed, financed and owned is already changing, according to a panel of healthcare providers who tackled the issue during […]

Jon Sullivan of Texas Health Resources

Special Report: Future is bright, with some concerns

HREI™ BOARD WORRIES ABOUT NEW FOCUS ON RFPs, ACCOUNTING CHANGES, ETC. By John Mugford Last month, we published a story highlighting potential trends in the healthcare real estate sector, as told to us by members of the Editorial Advisory Board of Healthcare Real Estate Insights™. Most of their predictions for 2011 and beyond pointed to […]

A new partnership of Jones Lang LaSalle and Beaumont Hospitals will assume responsibility for the Michigan-based system’s real estate portfolio.
Photo courtesy of Beaumont Hospitals

Companies: JLL, system partner up on real estate

REAL ESTATE FIRM LANDS AGREEMENT WITH BEAUMONT HOSPITALS IN MICHIGAN By John Mugford At almost every medical office building (MOB) real estate conference a professional might attend these days, there is talk of the need for efficiency and the development of cost-effective buildings. That’s because as hospitals and health systems look to their future in […]

Inpatient Projects: Hospital set for College Station, Texas

SCOTT & WHITE BUYS LAND, PLANS $165M FACILITY THAT WOULD OPEN IN 2013 By John Mugford The land is secure, plans are finalized and now construction can begin on the future five-story, 320,000 square foot Scott & White Hospital College Station, Texas. Temple, Texas-based Scott & White Healthcare recently acquired a 98-acre site on the […]

Chicago-based Alter+Care is developing the future $14.5 million, 54,000 square foot St. Bernards Health & Wellness Institute in Jonesboro, Ark. Hospital officials say the new facility will enable them to promote wellness and fitness.
Rendering courtesy of St. Bernards Medical Center

Outpatient Projects: Facility will make prevention a priority

ALTER+CARE DEVELOPING 54,000 S.F. HEALTH & WELLNESS CENTER IN ARKANSAS By John Mugford Preventive medicine is starting to play a bigger and bigger role in healthcare. In Jonesboro, Ark., St. Bernards Medical Center is jumping on the bandwagon by planning for a health and wellness center on its campus. Chicago-based Alter+Care is developing the future […]

Transactions: New portfolio hits market for new year

SEVEN PROPERTIES ARE LOCATED IN FOUR STATES, INCLUDING THE EAST COAST By John Mugford There are eager buyers are out there, well-capitalized and hungry to gobble up healthcare real estate. The only problem, of course, is that there just never seems to be enough product available to satisfy the appetites of those potential buyers, according […]

Healthcare Trust of America Inc. closed in December on the $28.2 million
acquisition of the nine-building, 153,000 square foot Medical Park of Cary, N.C.
Photo courtesy of the Medical Park of Cary

Transactions: HTA closes year by buying med park

$28.2 MILLION PURCHASE IN N.C. PUSHED REIT OVER $800 MILLION MARK FOR 2010 By John Mugford Heading into the fourth quarter (Q4) of 2010, Scottsdale, Ariz.-based Healthcare Trust of America Inc. (HTA) was certainly one of most active buyers of healthcare real estate and medical office buildings in the country, investing about $343 million in […]

Capital Markets Snapshot: Values to hold, lender activity to rise

JONATHAN WINER OF SEAVEST ALSO FORESEES MORE DEVELOPMENT ACTIVITY By John Mugford Jonathan L. “John” Winer, an EVP with the healthcare real estate investment firm Seavest Inc., attended the recent Healthcare Real Estate Insights™Editorial Advisory Board meeting in Scottsdale, Ariz., but he had to leave before sharing his predictions for 2011. So we followed up […]

Jim Moloney of Cain Brothers says that off-campus medical office buildings  will play an even more important strategic role in the coming years.
Photo courtesy of RealShare

Special Report: Role of MOBs will expand

THEY OFFER MANY BENEFITS, CAIN’S MOLONEY SAYS By Murray W. Wolf The changing healthcare industry will amplify the strategic importance of off-campus medical office buildings (MOBs), but the real estate models will change. That’s according to James M. “Jim” Moloney, who delivered the opening keynote address at the recent RealShare Medical Office Buildings conference in […]

News & Analysis: Big REIT makes big buy

HR ACQUIRES BAYLOR FACILITY IN FRISCO, TWO MOBs By John Mugford Nashville, Tenn.-based Healthcare Realty Trust (NYSE: HR) closed out 2010 with a big acquisition in Texas. The large healthcare real estate investment trust (REIT) acquired the campus of Baylor Medical Center at Frisco, which is comprised of a 68-bed acute care hospital and two […]

Industry Pulse: January 2013

BEVERLY HILLS, Calif. – On Rodeo Drive in Beverly Hills, a shopper can find a pair of jeans – diamond studded, of course – for a cool $4,000. There’s no doubt things can get expensive in the posh, star-inhabited suburb of Los Angeles. That includes rentable medical office building (MOB) space and the MOBs themselves, […]