People (August 2008)
Bob Stephens to lead Lillibridge’s East Coast effort CHICAGO – Chicago-based Lillibridge recently hired Bob Stephens as VP of business development for the Mid-Atlantic and Northeast regions. The hiring of Mr. Stephens is part of Lillibridge’s growth plan, according to the firm. Mr. Stephens has more than 13 years of experience in the healthcare industry […]
Outpatient Projects (August 2008)
Rendina lands four development projects LATEST CONTRACTS INDICATE THE DEVELOPER HAS NO PLANS TO SLOW DOWN By John Mugford When the Rendina Cos. of Jupiter, Fla., announced that it was selling 17 of its medical office buildings in early 2007, there was plenty of speculation in the healthcare real estate industry about the company’s future. […]
Inpatient Projects (August 2008)
Huge med site planned outside Austin REGIONAL MEDICAL CENTER AND $250M PROJECT SLATED FOR THE CITY OF LAKEWAY By John Mugford A group of doctors and developers are planning a massive hospital campus and mixed-used project in Lakeway, Texas, a city of about 9,000 people located 16 miles west of Austin. The project would entail […]
Industry Pulse (August 2008)
SEATTLE – Swedish Health Services might be the dominant healthcare provider in the Seattle environs, but four area hospitals are making a legal effort to stop the system from making further inroads in the marketplace. The hospitals have their sights set on overturning a 2007 administrative judge’s ruling that paved the way for Swedish to […]
Editor’s Letter (August 2008)
Deals are slowing, for now BUT HOSPITALS CONTINUE TO BUILD AND EXPAND NATIONWIDE Dear Reader: On the surface, the latest statistics once again show that the volume of medical office building (MOB) sales transactions continues to outperform general office. We write about this in our front page article entitled, “Volume drops for MOBs.” While the […]
Companies (August 2008)
Plans set for $400M Florida hospital NEMOURS FOUNDATION ALSO NAMES ARCHITECTS, CONSTRUCTION MANAGER Staff Report The Nemours Foundation of Jacksonville, Fla., recently unveiled the site plan for its future $400 million, 95-bed children’s hospital campus in Lake Nona, a 7,000-acre master planned community within the city of Orlando. Nemours also named its team of contractors […]
Special Report: BOMA Capital Markets (August 2008)
Capital market madness BOMA PANEL EXPLORES INVESTMENT IN MOBs By John Mugford No one involved in medical office building (MOB) investments is likely to go out on a limb and say that these are robust times for the industry. Sales volume is down, lining up debt and equity is no easy task, and buyers and […]
Editor’s Letter (July 2008)
Industry leaders on the move MEMBERS OF OUR EDITORIAL BOARD PURSUE NEW VENTURES Dear Reader: A few of the members of our Editorial Advisory Board recently made job changes. This might not seem like big news on the surface, but because the members of our editorial board are indeed among the leaders of the healthcare […]
Transactions (July 2008)
ProMed picks up MOBs in N.Y., Florida ACQUISITION IN WHITE PLAINS, N.Y., INCLUDES LAND FOR FUTURE DEVELOPMENT By John Mugford ProMed Properties Group has certainly been pro-medical office buildings (MOBs) in recent weeks. The North Miami Beach, Fla.-based company closed on two acquisitions: a five-MOB campus with a total of 189,000 square feet in White […]
Product Focus: Critical Access Hospitals (July 2008)
Program is benefitting CAHs NUMBER OF RURAL REPLACEMENT HOSPITALS IS ON THE RISE By Dan Emerson Just as America’s population is aging, so are its rural hospitals. In fact, most of the hospitals serving the country’s rural areas were designed and built 50 years ago or more under postwar funding provided by the Hill-Burton Act. […]
Outpatient Projects (July 2008)
Scott & White plans $133 million facility 290,000 S.F. SURGICAL SCIENCES BUILDING TO BE BUILT ON CAMPUS IN TEMPLE, TEXAS By John Mugford Scott & White, a private, not-for-profit health system based in Temple, Texas, recently announced that it is planning a $133 million, 290,000 square foot surgery center for both outpatient and inpatient procedures. […]
News and Analysis (July 2008)
Grubb goes to town HEALTHCARE REIT MAKES BUYS FOR $256M By John Mugford Don’t worry about whether Grubb & Ellis Healthcare REIT Inc. can wade through the current commercial lending crunch and slow economy. The Santa Ana, Calif.-based real estate investment trust (REIT) that focuses on healthcare properties went on a bit of a buying […]
Market Focus: Phoenix
Phoenix nixes economic downturn HOSPITALS POPPING UP IN SUBURBS AS REGION THRIVES, LOOKS TO MORE GROWTH By Beth Mattson-Tieg Statistics alone make a compelling argument for explosive healthcare development in the greater Phoenix market. Phoenix has been one of the fastest growing regions in the United States in recent years. The Phoenix metropolitan services area […]
Inpatient Projects (July 2008)
La. parish to get first hospital since Katrina HAMMES CO. TO MANAGE 40-BED PROJECT SLATED FOR POSSIBLE GREENFIELD SITE By John Mugford Ever since Hurricane Katrina devastated southern Louisiana and other Gulf Coast towns, many residents of St. Bernard Parish east of New Orleans have relied on a mobile clinic in the parking lot of […]
Industry Pulse (July 2008)
BULLITT COUNTY, Ky. – A turf war is officially brewing in growing Bullitt County, south of Louisville. Two healthcare systems are now planning to build acute care facilities in the hospital-less county. The latest to announce such plans is Brentwood, Tenn.-based LifePoint Hospitals Inc. (Nasdaq: LPNT), which would like to build a 60-bed hospital. The […]