News & Analysis/Page 1: Rendina-Windrose deal (January 2007)
Rendina, HCN strike big deal SALE OF 18 MOBs TO SPUR FURTHER GROWTH FOR RENDINA By John Mugford Folks involved in healthcare real estate say their business is heavily relationship-driven – perhaps more so than many others. A fine example of this can found in a recent medical office building (MOB) portfolio transaction between Palm […]
Industry Pulse (January 2007)
Firm was an MOB pioneer MEDICAL OFFICE PROPERTIES INC. WAS AHEAD OF ITS TIME By Jessica Griffith Today, investors from pension funds to real estate investment trusts (REITs) view medical office properties as a solid niche in which to sink some equity. But a decade ago, few outside the healthcare community wanted to own buildings […]
Senior Living Notes (January 2007)
Nordberg to head new joint venture FORMER MEDICAL OFFICE PROPERTIES CEO SETS SITES ON SENIOR HOUSING By Murray W. Wolf Former Medical Office Properties Inc. chief executive Edward P. Nordberg Jr. will head a new joint venture aimed at acquiring, financing and investing in senior housing and healthcare-related properties. NorthStar Realty Finance Corp. […]
SPECIAL REPORT: Where are they now (January 2007)
A look back at Medical Office Properties CATCHING UP WITH REIT’s FORMER EXECS TO DISCUSS CURRENT JOBS, MOB MARKET By Jessica Griffith Today, investors from pension funds to real estate investment trusts view medical office properties as a solid niche in which to sink some equity. But a decade ago, few outside the healthcare community […]
Market Focus: New York (January 2007)
Make it or break it New York City HEALTH SYSTEMS SEEM TO EITHER STRIKE IT BIG OR STRIKE OUT IN THE BIG APPLE By John Mugford We hate to call upon that oft-used line from Frank Sinatra’s well-known song, “New York, New York.” But in this case we just can’t help it. So […]
Inpatient (January 2007)
Ohio system eyes specialty hospital plan COMMUNITY MERCY HEALTH WANTS TO NEGOTIATE WITH SURGEONS, NOT COMPETE By John Mugford As the debate over specialty hospitals continues throughout the country, one hospital is hoping to create a partnership with surgeons planning their own hospital in Springfield, Ohio. Community Mercy Health Partners, which is part […]
Industry Pulse (January 2007)
MEMPHIS, Tenn. – Methodist Le Bonheur Healthcare of Memphis recently submitted applications for two major construction projects to the Tennessee Health Services and Development Agency (HSDA). The first is for the construction of a $327 million replacement hospital for Le Bonheur Children’s Medical Center near downtown Memphis. The second is for a $124 million, 100-bed […]
Roundtable discussion (December 2006)
2006: Sky-high pricing FIERCE COMPETITION HAS CHANGED THE LANDSCAPE OF MED REAL ESTATE By John Mugford When an executive from a powerhouse real estate firm says the company is taking a bit of a breather from submitting competitive bids to acquire medical office properties, it’s a sure sign that the healthcare real estate […]
Transactions (December 2006)
JVs pave way for Bremner-Duke merger DEAL WOULD BE THE LATEST TO BLEND PUBLIC COMPANY WITH MED REAL ESTATE FIRM By John Mugford Since 2004, Bremner Healthcare Real Estate and Duke Realty Corp., both of Indianapolis, have been developing healthcare facilities in joint ventures. In fact, when it came to doing medical developments […]
Special Report: California Webinar (December 2006)
Medical real estate is hot in California INVESTORS PAY A PREMIUM FOR HEALTHCARE PROPERTIES IN THE GOLDEN STATE By Jessica Griffith California delivers 13 percent of the U.S. gross domestic product and would rank as the sixth largest economy in the world if it were a sovereign nation. Little wonder no other state has […]
Q&A: Ernest Johnson of PM Realty (December 2006)
PM Realty is no latecomer to the market HOUSTON-BASED FIRM HAS BEEN INVOLVED IN MED REAL ESTATE FOR SINCE 1964 By John Mugford Houston-based PM Realty Group LP has been around for 50 years and its 1,300 employees provide development, construction management, engineering, property management, investment sales and leasing services in a wide spectrum of […]
Publisher’s Letter (December 2006)
Welcome to Outpatient Nation OH YEAH, WE ALSO HAVE ACUTE-CATE HOSPITALS Dear Reader: Welcome to Outpatient Nation. I read with interest the article in this edition regarding how eight-hospital Carilion Health System in Virginia is repositioning itself as a network of clinics – a physician-led, multi-specialty group practice, to be exact. (Please see “System shifts […]
Outpatient Projects (December 2006)
System shifts focus to outpatient care VIRGINIA PROVIDER CARILION IS RESTRUCTURING TO DEEMPHASIZE HOSPITALS By John Mugford As many health systems across the country shift, or consider shifting, a variety of hospital services to outpatient care or specialty services – in part to increase profits and efficiency – a debate over the practice is heating […]
Inpatient Projects (December 2006)
Stanford stunner: $1 billion expansion PROJECT WOULD ADD 248 BEDS, 1.3 MILLION SQUARE FEET TO PALO ALTO CAMPUS By John Mugford PALO ALTO, Calif. – Stanford Hospital & Clinics officials recently unveiled plans for a massive $1 billion rebuilding and renovation plan at its hospital campus at Stanford University in Palo Alto. The project […]
Industry Pulse (December 2006)
LOS ANGELES – University of California (UC) Regents recently approved an additional $308 million for the completion of two projects that are part of UCLA’s healthcare system. The funding will be used to complete the under-construction Ronald Reagan Medical Center on the UCLA campus in Westwood and to complete the future 172-bed Santa Monica-UCLA Medical […]