Post-Acute & Senior Living: Ryan Cos. US, LCS and Harrison Street start another continuum of care community
A partnership of Minneapolis-based Ryan Companies US Inc., Des Moines, Iowa-based LCS and Chicago-based Harrison Street Real Estate Capital in mid-December started construction on its third
Winner: Best New Mob (50,000-99,999 S.F.): NexCore MOB satisfies growing need
WCF Women’s Health Center brings new services to high-growth area of Tampa Women’s Care Florida, a major specialty women’s health group with more than 200 providers and 67 locations in Florida, covers more than 60 percent of female OB/GYN patients in the Tampa market.
Industry Pulse: IRET To Sell Entire Mob Portfolio For $417.5m
Harrison Street said to be the buyer of a 29-asset portfolio with 1.3 million square feet As part of its strategic transformation to focus solely on multifamily properties, Minot, N.D.-based IRET (NYSE: IRET), which also has a major office in Minneapolis, announced Nov. 30 that it has agreed to sell its 28-property, 1.3 million square foot […]
Transactions: NFK’s Global Healthcare team brokers $38.4 million sale of two-MOB portfolio in Virginia
The Global Healthcare Services team with Newmark Knight Frank (NFK) facilitated the mid-November sale of a two-building medical office building (MOB) portfolio in Virginia Beach. The sale price was $38.4 million for the two buildings with a total of 86,377 square feet. The MOBs, which are […]
Hot Property: Single asset with strong tenants
Charlotte, N.C., MOB is 95 percent leased in area of strong demographics Charlotte, N.C.-based Carolina Neurosurgery & Spine is one of the oldest and largest neurosurgical practices in the country, as it has 48 doctors working out of 11 locations throughout North and South Carolina.
Inpatient Projects: Nationwide Children’s in Columbus starts $158 million behavioral health pavilion
Nationwide Children’s Hospital in Columbus broke ground recently for what will become the nation’s largest facility dedicated to providing behavioral health services to children and adolescents. The $158 million, nine-story, 386,000 square foot Big Lots
Companies & People: As part of growth plan, Pacific Medical Buildings hires Ken Henry to lead new Dallas office
In establishing a new office in Dallas, San Diego-based Pacific Medical Buildings (PMB) has hired Ken Henry as senior VP – development. Mr. Henry, who was previously the VP of healthcare development for Lend lease, will establish PMB’s Dallas office and
Companies & People: H2C hires 25-year investment banking veteran Daniel J. Mackell as managing director
New York-based Hammond Hanlon Camp LLC (H2C) recently hired Daniel J. Mackell as managing director. The former CEO of Cottage Capital LLC has more than 25 years of investment banking experience and, according to H2C, has “broad and deep experience,
Winner: HRE Executive of the Year: John T. Thomas is top exec for 2017
He’s led DOC REIT in building its portfolio to $4 billion since its founding in 2013 By John B. Mugford The launching of Milwaukee-based Physicians Realty Trust (NYSE: DOC) took place rather quietly back in 2013, as the real estate investment trust (REIT) commenced with an initial portfolio of 19 medical office buildings (MOBs) valued […]
Winner: Best Inpatient Facility: High tech Kaiser hospital beats plan
Despite size and sophistication, new San Diego facility opens under budget, ahead of schedule Ever since Oakland, Calif.-based Kaiser Permanente opened its first hospital in Greater San Diego in 1975, the healthcare system has relied on creative ways to grow its membership in the market.
Transactions: Dallas-based Ridgeline Capital acquires 42,000 square foot MOB in San Antonio
In more news from San Antonio, Dallas-based Ridgeline Capital Partners and an undisclosed equity partner recently acquired a 42,000 square foot MOB next to the campus of 371-bed Northeast Baptist Hospital. Connally Oaks Medical Center, 2130 N.E. Loop 410, is 95
Inpatient Projects: Adventist Health acquires 103 acres in Lakeland, Fla., for a possible hospital campus
Altamonte Springs, Fla.-based Adventist Health System in recent months acquired 103 acres near Florida Polytechnic University in Lakeland, about 30 miles east of Tampa. According to the Tampa Business Journal, the health system, which has 45 hospital
Winner: Lifetime Achievement Award: They were ‘retailization’ pioneers
Paula Crowley and Lou Sachs have used the idea since the ‘80s By John B. Mugford In a company profile of Anchor Health Properties, Co-Founders Paula Crowley and Lou Sachs told Healthcare Real Estate Insights™ that a retail-oriented strategy creates healthcare facilities that offer patients a better experience with a creative mix of services and […]
Companies & People: Christine Gorham hired to lead Caddis’ strategy to grow platform in the Southeast
In more news from Dallas-based Caddis, the firm recently hired Christine Gorham to serve as director – Southeast Region. In her new role, Ms. Gorham focuses on growing the company’s
Industry Pulse: Merger Mania Strikes As Year Comes To A Close
Three planned healthcare mergers that could have a big impact on real estate are in the works It’s been merger mania recently as three blockbuster healthcare industry deals were announced in late 2017 – all with enormous potential implications for healthcare real estate: ■ Dignity Health and CHI. Offering services at more than 700 […]