Outpatient Projects: Hospital in Arlington, Va., has plans for a 230,000 square foot outpatient pavilion
ALEXANDRIA, Va. – As part of a planned expansion, Virginia Hospital Center (VHC) in Arlington wants to build a 230,000 square foot, seven-story outpatient pavilion.
Finalists: HRE Executive of the year
J. Michael Davis Managing Director and Group Head, Cain Brothers Real Estate Services For over 28 years, Michael Davis has provided healthcare real estate (HRE) leadership for clients nationwide and served as an industry pioneer. Mr. Davis has led and grown Cain Brothers into one of the most respected HRE advisory platforms in the country.
Inpatient Projects: UPMC to invest in digital hospitals
Three new Pittsburgh-area facilities would come at a cost of about $2 billion By John B. Mugford The University of Pittsburgh Medical Center (UPMC), a system with more than 25 hospital campuses, is planning three new specialty hospitals focused on using translational science to provide personalized patient care.
Post-Acute & Senior Living: MorningStar and Confluent break ground for 85-suite senior living community in Santa Fe, N.M.
SANTA FE, N.M. –In more New Mexico news, Morning Star Senior Living and Confluent Senior Living recently broke ground for a new senior living community on four acres in Santa Fe.
Finalists: Best New Mob – USC Norris Healthcare Center, Los Angeles
Developer: University of Southern California, Health Science (USC) The project was successful in terms of being very open and transparent throughout the entire process. The contractor (DPR) was very realistic with the owner in terms of money and time, which was crucial given the scope changes mid-project. One way it did this was by […]
Finalists: Best New Mob – Sutter Health MOB (Tracy Care Center), Tracy Calif
Developer: Sutter Gould Medical Foundation Sutter Gould Medical Foundation (SGMF) wanted to modernize and consolidate its Tracy medical services spread across three locations.
Finalists: Best New Mob – Duke Southpoint, Durham, N.C.
Developer: Davis Moore Capital Duke Health took the existing clinics operating in outdated, overpriced space and consolidated them into one premier facility that increases visibility, improves their presence, and enhances patient experience.
Inpatient Projects: Stanford’s $1.2 billion Lucile Packard Children’s Hospital opening in December
PALO ALTO, Calif. – Under construction since 2012 and planned for nearly a decade, a new 521,000 square foot, $1.2 billion expansion is scheduled to open in December
Industry Pulse: Are Speculative MOBs making a comeback?
More MOB projects are being started without hospital or health system anchors in place Before the onset of the Great Recession, the medical office building (MOB) market was coming into its own as an asset class. MOB sales and development was booming as the sector garnered new attention from investors and capital sources.
Finalists: Best New Mob – Tradition HealthPark TWO, Port St. Lucie, Fla.
Developer: Optimal Outcomes The success of Tradition HealthPark TWO relied on the implementation of a strategic plan in which the precise and targeted group of medical specialists, doctors and surgeons leased, custom designed
2017 HREI Insights Awards: Celebrating five years of excellence
HREI Insights Awards™ have honored the best of the best in healthcare real estate since 2013 Excellence is defined as “the quality of being outstanding or extremely good.” That definition definitely fits the people and projects included in the 2017 HREI Insights Awards™.
Outpatient Projects: Rendina to develop MOB that will add about 120,000 square feet to Memphis, Tenn.-area campus
GERMANTOWN, Tenn. – Campbell Clinic has retained Rendina Healthcare Real Estate to be its representative in connection with the design, development and construction of a new facility on the clinic’s existing German town campus.
Hot Property: 17 buildings, 1.4 million square feet
PHT portfolio spans nine states, offers scale and ‘institutional’ quality buildings With 17 buildings and 1.4 million square feet of space, the PHT Medical Office Portfolio recently put on the market offers a wouldbe investor a chance to add plenty of scale in one acquisition – something most large investors prefer.
Inpatient Projects: New bridge might mean new hospital
Minnesota system acquires land in high-growth area near new river crossing By John B. Mugford There has been plenty of speculation about how much development a new $646 million bridge spanning the St. Croix River and connecting Minnesota with Wisconsin will spur on both sides.
Post-Acute & Senior Living:Few changes to top operators list
Brookdale is still No. 1 by far on the list of the 10 largest senior living providers By Murray W. Wolf Despite what seems like almost constant change in the senior living sector, at least one thing hasn’t changed – at least not much.
