Transactions: Norvin makes big buy in Bellaire
Firm acquires the 505,000 square foot Pin Oak complex in suburban Houston By John B. Mugford During the past couple of decades, New York-based Norvin Healthcare Properties has built a strong portfolio of medical office buildings (MOBs) in Greater Houston, where its numerous facilities house services offered by the area’s largest health systems and group […]
Companies & People: HTA hires Caroline Chiodo as senior VP of finance; she was previously at Duff & Phelps
Scottsdale-based Healthcare Trust of America (NYSE: HTA) recently hired Caroline Chiodo as senior VP of finance. In her new role, Ms. Chiodo is focused on investor relations, capital markets,
Inpatient Projects: ‘Destination’ cancer care is the goal
Sarasota (Fla.) Memorial Hospital board approves $220 million for first two phases By John B. Mugford Currently, there are four cancer centers in Florida that could be considered “destinations” for patients seeking comprehensive care. Sarasota Memorial Health Care System in Sarasota, Fla., along the Gulf Coast, is hoping to eventually join that group with new […]
Companies & People: Hammes Company adds former health system executive to its team in Texas
Brookfield, Wis.-based Hammes Company recently announced that it has added Marc Leediker to its team as senior project executive in its Texas market, where it has offices in Dallas, Houston and San
Post-Acute & Senior Living: Denver firms break ground on 77-unit senior community in Albuquerque, N.M., area
Construction has started on a 70,863 square foot senior living community in Rio Rancho, north of Albuquerque. The 77-unit MorningStar of Rio Rancho will offer assisted living and memory
Inpatient Projects: VA hospital in Tampa, Fla., to start construction on a $148.6 million bed tower
A long delayed plan to expand the 499-bed James A. Haley Veterans’ Administration (VA) Hospital in Tampa is moving forward, as the U.S. Army Corps of Engineers on Jan. 31 awarded a
Companies & People: Sina Companies and Donati Healthcare Partners announce they have merged
Sina Companies, a nationally recognized developer of healthcare real estate (HRE), recently announced that it has merged with Atlanta-based healthcare real estate development firm Donati
Post-Acute & Senior Living: Firm announces plans for massive, three-building senior medical complex in Orlando
A local development and architectural firm has announced plans for a $1 billion, three-building senior-focused medical complex in downtown Orlando. Included in Orlando-based Ponte Health’s
Companies & People: Raymond James serves as bond issuance placement agent for North Dakota system
As Trinity Health continues working on its future $275 million replacement campus in the southwest part of Minot, St. Petersburg, Fla.-based Raymond James announced that its Healthcare Finance
Inpatient Projects: UCSF hospital receives $500 million gift to help with $1.5 billion rebuild
A recent $500 million donation is going to help University of California, San Francisco (UCSF) Health proceed with a rebuilding project for most of its Parnassus Heights Hospital in San Francisco.
Cover Story: Largest outpatient developers revealed
MedCraft, Healthcare Realty Trust, NexCore Group and HTA Development led the way last year By John B. Mugford With more than 34 million square feet of MOBs and other outpatient projects started or completed in 2017, developers MedCraft, Healthcare Realty Trust, NexCore Group and HTA Development led the way, according to second annual report by […]
Feature Story: Keep an eye on the capital markets
HRE demand is still strong but recent trends bear watching, Revista panel says By Connie M. McCaffrey How are rising interest rates affecting capitalization (cap) rates and net asset values (NAVs)? What new trends and legislation are impacting healthcare real estate (HRE) investors? Are there new competitors and risks in the HRE space? How […]
Post-Acute & Senior Living: O&M Investments acquires 144-bed SNF in San Antonio; Dallas team with HFF brokers the sale
An affiliate of Los Angeles-based O&M Investments LLC recently acquired the 144-bed Mesa Vista Inn Healthcare Center, a post acute skilled nursing facility (SNF) near San Antonio’s South Texas
Transactions: Seavest and Fleisher Smyth Brokaw acquire a fully leased, on-campus MOB in Littleton, Colo.
White Plains, N.Y.-based Seavest Healthcare Properties LLC recently formed a partnership with Denver-based Fleisher Smyth Brokaw LLC for the purchase of an 18,417 square foot on-campus
Outpatient Projects: A new expandable clinic, built in pods, opens in Olathe, Kan., outside of Kansas City
Work is now complete on the new Hedge Lane Clinic in Olathe, outside of Kansas City, Mo. The architect on the project was Kansas