Post-Acute & Senior Living: ESI arranges sale of Wisconsin community based residential facility near Milwaukee
GREENDALE, Wis. – In more news from Wisconsin, Evans Senior Investments (ESI) recently announced that it represented an independent seller in the sale of Clifden Court, a 92-unit community based residential facility (CBRF) in Greendale.
Finalists: Best New Mob – Ochsner Medical Complex – River Parishes, La Place, La.
Developer: Stirling Properties When Ochsner Health System took over the aging 106-bed River Parishes Hospital in 2014, it had a 90 percent vacancy rate.
Post-Acute & Senior Living: Brea, Calif., approves plans for two-story, 29,500 sq. ft. Silverado memory care community
BREA, Calif. – The Brea Planning Commission recently voted 5-0 to approve a conditional use permit clearing the way for Irvine, Calif. based Silverado Residential Care to develop a two-story, 39-unit, 29,448 square foot residential memory care facility.
Outpatient Projects: Seavest completes renovations and renames MOBs it owns on campus in Fairfax, Va.
FAIRFAX, Va. – White Plains, N.Y.-based Seavest Healthcare Properties LLC recently completed $1.7 million worth of renovations at its the two-MOB complex on the campus of the 182 bed Inova Fair Oaks Hospital in Fairfax,
Companies & People: Anchor Health hires David Chung, formerly of Duke Realty, to lead business in the West
Anchor Health Properties, a full-service healthcare real estate (HRE) firm with six offices nationwide, has hired David Chung as executive VP for its operations in the western United States.
Finalists: Best Inpatient Facility – Kaiser Kearny Mesa, San Diego
Developer: Kaiser Permanente Kaiser Permanent recently opened the $850 million, 321-bed Kaiser Kearny Mesa Hospital – the first new hospital in San Diego County in 40 years.
Post-Acute & Senior Living: Dealing with troubled operators
In earnings call, NHI officials discuss how they handle struggling properties By John B. Mugford While most owners of senior housing property remain bullish on the sector, especially over the long term, many find themselves having to take measures to turn around struggling facilities and, perhaps, change operators within their portfolios in the short […]
Finalists: Renovated/Repurposed – NHRMC Zimmer Cancer Center, Wilmington, N.C.
Developer: New Hanover Regional Medical Center The renovated space opened in February 2017 and the expansion was finished in September 2017. The $14.5 million Zimmer Cancer Center project successfully consolidates a hospital based oncology program with a local physician-based practice to streamline healthcare delivery for both patients and providers. Cape Fear Cancer Specialists moved its […]
Inpatient Projects: VA selects site for $925 million, 104-bed replacement for medical center in Louisville, Ky., area
LOUISVILLE, Ky. – More than a decade after announcing plans to replace the 1950s-era Robley Rex VA Medical Center in the Louisville, the U.S. Department of Veterans Affairs (VA) has selected a site.
Post-Acute & Senior Living: HCP details plan to reduce its Brookdale portfolio, both operating and triple-net
LONG BEACH, Calif. – Long Beach-based HCP Inc. (NYSE: HCP), announced Nov. 2 that it has completed several transactions with Brentwood,
Outpatient Projects: Ryan Companies breaks ground for MOB near Tampa, Fla.; Colliers brokers lease
TAMPA, Fla. – In more news from the Tampa area, Florida Orthopaedic Institute has signed a leased for 29,000 square feet in the future Brandon Gateway Medical Plaza being developed in the suburb of Brandon, Fla.
Finalists: Best New Mob – Tennessee Cancer Specialists MOB, Knoxville, Tenn.
Developer: Realty Trust Group TCS needed an alternative to its cramped practice in a multi-tenant, hospital-owned MOB. It desired more visibility, expansion potential, better parking and wayfinding, and physician ownership.
Industry Pulse: Mob demand remains high despite uncertainty
Despite uncertainty, MOBs remain hot with investors thanks to favorable demographics Ongoing uncertainty about healthcare will likely persist for an extended period, but positive demographic factors continue to support a growing medical office building (MOB) market.
Inpatient Projects: Highmark, Allegheny in Pittsburgh to invest more than $1 billion in the region
PITTSBURGH – As noted on the previous page, the University of Pittsburgh Medical Center (UPMC) plans to invest about $2 billion in three new specialty hospitals.
Finalists: Best New Mob – Calhoun Health Care Center, Brookfield, Wis.
Developer: Irgens When the former Venice Club was foreclosed on in May 2014, Irgens knew the highly visible retail location offered an excellent opportunity for an MOB.