Archives

Outpatient Projects (July 2006)

Norton’s new MOB is just the beginning HEALTH SYSTEM HAS BIG PLANS FOR DOWNTOWN AND EAST LOUISVILLE CAMPUSES   By Sonja Pedersen-Green Even though Louisville, Ky.-based Norton Healthcare earlier this month opened the $20 million first phase of a new campus in the fast-growing eastern part of town, it has no plans to neglect its […]

Inpatient Projects (July 2006)

State denies Orlando children’s hospital NEMOURS’ OFFICIALS SAY THEY ARE STILL COMMITTED TO NEW FLORIDA FACILITY By John Mugford The Nemours Foundation of Jacksonville, Fla., has suffered a major setback in its goal to build a new children’s hospital in Orlando, Fla. In mid-June, the Florida Agency for Health Care Administration (AHCA) denied Nemours’ application […]

Transactions (July 2006)

A hospital redevelopment success story 642,000 S.F. ELIZABETH PLACE IS ON THE BLOCK IN DAYTON, OHIO   By John Mugford   Here at Healthcare Real Estate Insights™, we’re not in the practice of writing promotional pieces about medical properties on the sale block. But in Dayton, Ohio, the Washington, D.C.-based office of Marcus & Millichap […]

Q&A: John Cobb of GE HFS (July 2006)

Reorganization is paying off for GE HFS JOHN COBB SEES BRIGHT FUTURE FOR HIS GROUP AND THE INDUSTRY AS A WHOLE   By Murray W. Wolf   John Cobb is senior managing director of the real estate financing team for GE Healthcare Financial Services (GE HFS). A few weeks before GE HFS announced a whopping […]

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Washington providers are capitalizing AGING (AND GROWING) POPULATION, OUTDATED FACILITIES KEEP D.C. AREA HUMMING By John Mugford   While healthcare development might not be booming in the Greater Washington area like it has in recent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. […]