HREI Project Case Study (July 2006
A study in gaining neighborhood support HOW UCSF TURNED PUBLIC OPINION FOR ITS MISSION BAY HOSPITAL PLAN Note: Much of the information contained in this article came from an informational session during the 2006 International Conference and Exhibition on Health Facility Planning, Design and Construction (PDC). PDC, which was held in late February in […]
Product Focus: LTACs (July 2006)
LTACS face payment freeze EVEN SO, SOME INDUSTRY REAL ESTATE SOURCES REMAIN OPTIMISTIC By Sonja Pedersen-Green On the surface, recent proposals to change the federal payment system for long-term acute care hospitals (LTACS) might seem quite damaging to the operators and owners of such facilities. That’s because the final rule proposals, announced in recent months […]
Market Focus: Washington, D.C. (July 2006)
Washington providers are capitalizing AGING (AND GROWING) POPULATION, OUTDATED FACILITIES KEEP D.C. AREA HUMMING By John Mugford While healthcare development might not be booming in the Greater Washington area like it has in recent years – one industry insider pegged the activity level at “medium” – the number of current and planned projects remains […]
GEHFS sidebar (July 2006)
Formation Capital got plenty of ink COMPANY DID NOT RE-BID IN QUEST TO ACQUIRE BEVERLY ENTERPRISES Formation Capital LLC of Alpharetta, Ga., is certainly well-known in the senior healthcare industry. The company, however, might be best known for – or at least received the most press for — a deal that got away. In […]
News: GE HFS/ Formation Capital (July 2006)
Massive deal shows skilled nursing’s rise GE LOOKS TO COMPLETE $1.4 BILLION ACQUISITION FROM FORMATION CAPITAL IN Q3 By Sonja Pedersen-Green The $1.4 billion acquisition deal that GE Healthcare Financial Services (GE HFS) recently signed with Alpharetta, Ga.-based Formation Capital LLC is more than just a huge transaction. It’s proof that the economics […]
News: GE HFS/ Formation Capital (July 2006)
Massive deal shows skilled nursing’s rise GE LOOKS TO COMPLETE $1.4 BILLION ACQUISITION FROM FORMATION CAPITAL IN Q3 By Sonja Pedersen-Green The $1.4 billion acquisition deal that GE Healthcare Financial Services (GE HFS) recently signed with Alpharetta, Ga.-based Formation Capital LLC is more than just a huge transaction. It’s proof that the economics […]
Special Report: BOMA Conference: Current Ownership Models (July 2006)
Are current ownership models just fads? BOMA’s MOB CONFERENCE EXPLORES PHYSICIAN OWNERSHIP, CONDOS, OTHER OPTIONS By Murray W. Wolf Is physician investment in healthcare real estate here to stay? Are medical office condos a good investment for doctors? Will rising interest rates cool physicians’ ardor for medical real estate investing? These and other […]
Product Focus: Specialty Hospitals (June 2006)
CMS does not plan to extend suspension SPECIALTY HOSPITALS MIGHT BE ABLE TO COMMENCE DEVELOPMENT IN AUGUST By Sonja Pedersen-Green The Centers for Medicare and Medicaid Services (CMS) recently announced that it is unlikely to extend the suspension on medical payments to new physician-owned specialty hospitals. The ban, which is due to expire on […]
Transactions (June 2006)
Average MOB cap rate drops to sub-7 EVEN THOUGH STAT IS PRELIMINARY, IT INDICATES THAT DEMAND REMAINS STRONG By John Mugford As is usually the case, it might be too early to draw final conclusions from recently compiled statistics of nationwide medical office building (MOB) sales from the first quarter of 2006 (Q1). But […]
Senior Living (June 2006)
Another mega deal – and a push for more AMERICAN RETIREMENT SELLS; CAPITAL SENIOR LIVING IS URGED TO DO THE SAME By Murray W. Wolf Mergers and acquisitions activity in the healthcare services sector topped $4.4 billion during the first quarter, and Q2 activity has been strong so far. However, Q3 M&A closings already in […]
Publisher’s Letter (June 2006)
HREI™ announces Webinar series FOUR ONLINE HEALTHCARE REAL ESTATE CONFERENCES PLANNED Dear Reader: During the past two years, HREI™ has presented occasional educational audio conferences on a range of healthcare real estate topics, including third-party medical office building (MOB) development and ownership, healthcare facilities financing, and legal and regulatory issues affecting medical real estate. […]
People (June 2006)
Rendina Cos. brings on several new executives PALM BEACH GARDENS, Fla. – Rendina Cos. recently announced the appointment of several new executives. Todd H. Varney has been promoted from his position as senior vice president to executive vice president. Mr. Varney was formerly responsible for leasing in the eastern and central regions. Doug Lerner was […]
News & Analysis: Foreign Investment
Foreign money not yet a factor ONLY A FEW DEALS HAVE BEEN DONE, SOURCES SAY By Jessica Griffith Despite a few recent, publicized deals involving offshore investors, foreign currency is making only a few inroads into the American medical office market. While investors both large and small remain enamored with U.S. medical office properties […]
Q&A: Kevin O’Neil, Trammell Crow (June 2006)
Kevin O’Neil leads rapid growth of TCHS TRAMMELL CROW HEALTHCARE SERVICES HAS BECOME A MAJOR PLAYER SINCE 2002 By John Mugford In formally launching a designated healthcare division back in 2002, mega-sized real estate firm Trammell Crow Co. (NYSE: TCC) jumped into the industry full-bore – as outsiders probably would assume a company […]
Project Case Study: Memorial Hermann
Massive project, massive planning HOUSTON’S MEMORIAL HERMANN SYSTEM WRAPPING UP CENTURY BUILDING PROJECT By Jessica Griffith What covers nine campuses, contains more than 3 million square feet and spans 100 years of healthcare history? They say everything is bigger in Texas, and Memorial Hermann Healthcare System’s Century Project is doing plenty to […]