Outpatient Projects: Rendina starts cancer center in Va.
FIRM’S EXECUTIVES SAY PERSONAL EXPERIENCES MAKE THIS PROJECT SPECIAL By John Mugford A $10 million cancer center being developed by Jupiter, Fla.-based Rendina Cos. is under way on the campus of Southside Regional
Outpatient Projects: Duke Realty starts MOB near Atlanta
WORK BEGINS ON 100,817 S.F. NORTHSIDE CHEROKEE TOWNE LAKE FACILITY By John Mugford Indianapolis-based Duke Realty Corp. recently started the development of a facility that is considered to be a classic example of the type of facility that health systems need to deliver medical care in the new era of healthcare reform. Duke Realty’s future […]
Transactions: ARC Healthcare gets MOB in Michigan
UNLISTED REIT PAYS $30.43 MILLION FOR OFF-CAMPUS PROPERTY IN PAW PAW By John Mugford In today’s medical office building (MOB) transaction arena, aggressive pricing is the norm when it comes to the sales of high-quality facilities with strong lease terms and tenants with good, perhaps hospital, credit. In fact, professionals involved in healthcare real estate […]
Capital Markets Snapshot: Election will finally end the questions
IN WEAK TREASURY MARKET, MUNICIPAL BOND DEALS STILL PRICING STRONGLY Soon, it will all be over. No more bickering. No more interrupting. Election day should bring an end to the half-truths and lies we’ve suffered through. We’ll either have another four years of President Obama and eternal stimulus or a new regime led by Mitt […]
Product Focus: Q3 again strong for sales
$1.24 BILLION IN MOB DEALS IS TOPS Q3 2011 BY 75% By John Mugford With all of the investor money chasing medical office buildings (MOBs) these days, the volume of sales taking place in any given quarter is largely dependent on one factor: how much desirable product sellers are willing to put on the market. […]
News & Analysis: Prez election a big one
BUT WILL RESULT AFFECT HEALTHCARE R.E. SECTOR? By John Mugford Does the outcome of the presidential election matter for healthcare real estate? “No, at least in terms of changing current healthcare trends.” For the most part and for the near-term, that’s the answer, at least according to more than a dozen politics-watching healthcare real estate […]
Industry Pulse: October 2012
Which commercial real estate (CRE) property types have the best prospects for 2013? Medical office buildings (MOBs) rank near the top, according to a newly released report from PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI). Unveiled Oct. 17 at the ULI Fall Meeting in Denver, the report, “Emerging Trends in Real Estate,” found that “The real estate recovery is set to advance in 2013 as modest gains in leasing, rents and pricing will extend across U.S. markets from coast to coast and improve prospects for all property sectors.” The study included interviews and survey responses from more than 900 real estate experts.
Publisher’s Letter: ‘Taxmageddon’ ahead?
SELLERS HAVE EXTRA INCENTIVE AS DEC. 31 NEARS Dear Reader: As you surely know, “fiscal cliff” refers to the dilemma the U.S. government will face at midnight Dec. 31. That’s when the Budget Control Act of 2011 is scheduled to go into effect. The act was signed into law by President Obama on Aug. 2, […]
Transactions: Archway Holdings buys Arizona MOB for $20 million
By John Mugford GLENDALE, Ariz. – Nearly everyone involved in healthcare real estate is talking about the onslaught of new buyers, or interested buyers, that are combing the market for well-leased MOBs with strongly credited tenants these days. One of the relatively new, active investors certainly looks to be Beverly Hills, Calif.-based Archway Holdings Corp., […]
People: HREI™ board welcomes new members
CHANGES AND ADDITIONS MADE TO EDITORIAL ADVISORY COUNCIL FOR 2012-13 Several changes were recently made to the Healthcare Real Estate Insights™ Editorial Advisory Board, Editor John B. Mugford has announced. Three new members were added, two members swapped roles with others in their companies, and one member stepped down after leaving the industry. “We greatly […]
Editor’s Letter: Many questions loom
ELECTIONS, INSURERS, TAXES, SUPPLY – OH MY! By John B. Mugford Dear Reader: I have had a lot on my mind lately when it comes to healthcare and healthcare real estate. I’m sure I’m not alone, as anyone who pays attention to this sector must feel the same way.
Q & A: Cushman & Wakefield foresees growth
LONGTIME CONSULTANT MASON HIRED TO HELP EXPAND FIRM’S HEALTHCARE UNIT By John Mugford New York-based Cushman & Wakefield and its thousands upon thousands of brokers throughout the country – and the world for that matter – have certainly been involved in the healthcare real estate sector over the years. However, when the nearly 100-year-old real […]
Companies: Hammes starts 3rd CAH for Va. system
FIRM IS PROJECT MANAGER FOR CRITICAL ACCESS HOSPITALS IN VIRGINIA, W. VA. Staff Report In today’s complicated healthcare landscape, much focus is being paid to the numerous consolidations taking place and the formation of regional and super-regional health systems. Where does this leave the smaller hospitals and health systems serving patients in rural areas, especially […]
Companies: Firm looking to invest up to $1 billion
WITH BERKSHIRE AS ITS NEW PARTNER, MONTECITO IS BACK IN THE BUYING MODE By John Mugford Chip Conk likes to call the years leading up to the recession as the “go-go” years for making acquisitions in the healthcare real estate sector. And Santa Barbara, Calif.-based Montecito Medical Acquisition Co., of which Mr. Conk is the […]
Outpatient Projects: Ryan adding MOB in Milwaukee suburb
MINNEAPOLIS-BASED DEVELOPER BUILDING $14 MILLION FACILITY FOR FROEDTERT By John Mugford It looks as if Minneapolis-based Ryan Cos. US Inc. is building more space for Milwaukee-based Froedtert Health Inc. in the growing Milwaukee suburb of Menomonee Falls.