Cover Story: Focusing on financing models
Hot news: Panelist’s system is selling a portfolio of MOBs Destination: BOMA MOB Conference, San Francisco By John B. Mugford Editor’s note: This is an expanded version of the article that appeared in the print edition of Healthcare Real Estate Insights It doesn’t happen very often that breaking news emerges from a panel discussion at […]
Inpatient Projects: Stanford Hospital finally underway
New facility will be built next to current hospital, upping capacity to 600 beds By John B. Mugford Work has finally started on the hospital expansion at Stanford University in Palo Alto, Calif. After the project’s approval was delayed several times, a joint venture of Clark Construction Group-California LP and McCarthy Building Cos. Inc., called […]
Inpatient Projects: Memorial Hermann plans hospital at its campus in Pearland, Texas
PEARLAND, Texas – As the Houston suburb of Pearland continues to boom, Houston-based Memorial Hermann Health System is looking for more ways to capture market share in the city. The Houston-based health system recently announced a plan to help it do just that: an expansion of its current outpatient campus in Pearland with the building […]
Industry Pulse: Development is on the Rise, Report Says
Medical office construction could rise 32 percent in 2013. That’s according to most recent Medical Office Research Report from Marcus & Millichap. The first half 2013 report from the commercial real estate firm estimates that 10.3 million square feet of medical office space will be delivered this year, up from 7.8 million square feet in […]
Industry Pulse: What does it take to succeed in today’s HRE environment?
What you want in healthcare, even as a provider, there are lots of independents out there. You’ve got to hire the very smartest people in this changing world, who can figure out how to make things work. But I think you’ve got to be smart, you’ve got to be […]
Industry Pulse: Hospital Moving Forward after Decade in Limbo
Trinity Medical Center showed its gratitude when it got the OK to complete and open an unfinished hospital in Birmingham, Ala. Photo courtesy of Trinity Medical Center It has been 10 years since work stopped on HealthSouth Corp.’s planned Digital Hospital. And it has more than four years since Trinity […]
Industry Pulse: CHI slashes facility spending
If it seems like many hospitals and health systems are spending less on facilities, it’s because they are. In a new article in HealthLeaders magazine, Nick Barto, senior VP for capital finance for Catholic Health Initiatives (CHI), states that the budget for routine replacement and facility repositioning and expansion accounts for 39 percent of the […]
May 2013 PDF
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Transactions: Sale pending for newly redeveloped medical office in N.J.
CHERRY HILL, N.J. – The brand new LourdesCare at Cherry Hill, a 54,000 square foot outpatient center in the Philadelphia suburb of Cherry Hill, is most likely going to change hands soon. According to information from real estate research firm Real Capital Analytics (RCA) Inc., a sale is pending between the owner and developer of […]
For Sale: NNN Single Tenant Surgery Center Investment Opportunity – Emory Aesthetic Center at Paces – CBRE Inc.
The Offering CBRE’s Healthcare Capital Markets Group is pleased to exclusively offer the Emory Aesthetic Center at Paces, a 23,869 square-foot surgery center condominium leased by Emory Healthcare. The property is situated within the Palisades at West Paces medical office tower and is strategically located in the affluent Buckhead submarket, approximately 10 minutes north of […]
Industry Pulse: Changing healthcare industry the focus of 2013 BOMA MOB conference
Fewer hospitals, telemedicine, big data, repurposing, urgent care and FEDs have been among the hot topics during the second day of the conference As the BOMA Medical Office Buildings (MOBs) and Healthcare Facilities Conference moves through its second day, some familar themes are beginning to emerge.During the morning General Session, “Culturing New Approaches: Innovations in […]
Industry Pulse: The BOMA MOB conference gets rolling
The 2013 BOMA Medical Office Buidings and Healthcare Facilities Conference is officially under way Registration opened at 1 p.m. today. Naturally, being a proud healthcare real estate (HRE) geek (and with Healthcare Real Estate Insights as a sponsor), I was among the first in line. And there was indeed a line. HRE professionals are passionate […]
News Release: McCarthy Coompletes Design-Build Master Plan for Sharp Chula Vista Medical Center
SAN DIEGO – (April 30, 2013) – Utilizing a unique design-build approach, McCarthy Building Companies, Inc., in concert with the Cuningham Group (formerly NTD Healthcare), has completed the master plan for the Sharp Chula Vista Medical Center, located at 751 Medical Center Court in Chula Vista, Calif. Performed on behalf of Sharp HealthCare, the master […]
Archives: April 2013
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Transactions: ARC pays $19.2M for three buildings
REIT acquires 69,341 square foot Suburban Atlanta MOB campus from SRS By John B. Mugford New York-based ARC Healthcare Trust Inc. recently landed a three-building outpatient campus in a high-traffic location in Marietta, Ga., in the suburbs north of Atlanta. The complex is known as the Northside East Cobb Medical Campus. It has a total […]