Finalists: Best New Mob – Duke Southpoint, Durham, N.C.
Developer: Davis Moore Capital Duke Health took the existing clinics operating in outdated, overpriced space and consolidated them into one premier facility that increases visibility, improves their presence, and enhances patient experience.
Industry Pulse: Are Speculative MOBs making a comeback?
More MOB projects are being started without hospital or health system anchors in place Before the onset of the Great Recession, the medical office building (MOB) market was coming into its own as an asset class. MOB sales and development was booming as the sector garnered new attention from investors and capital sources.
Finalists: Best New Mob – Tradition HealthPark TWO, Port St. Lucie, Fla.
Developer: Optimal Outcomes The success of Tradition HealthPark TWO relied on the implementation of a strategic plan in which the precise and targeted group of medical specialists, doctors and surgeons leased, custom designed
2017 HREI Insights Awards: Celebrating five years of excellence
HREI Insights Awards™ have honored the best of the best in healthcare real estate since 2013 Excellence is defined as “the quality of being outstanding or extremely good.” That definition definitely fits the people and projects included in the 2017 HREI Insights Awards™.
Outpatient Projects: Rendina to develop MOB that will add about 120,000 square feet to Memphis, Tenn.-area campus
GERMANTOWN, Tenn. – Campbell Clinic has retained Rendina Healthcare Real Estate to be its representative in connection with the design, development and construction of a new facility on the clinic’s existing German town campus.
Hot Property: 17 buildings, 1.4 million square feet
PHT portfolio spans nine states, offers scale and ‘institutional’ quality buildings With 17 buildings and 1.4 million square feet of space, the PHT Medical Office Portfolio recently put on the market offers a wouldbe investor a chance to add plenty of scale in one acquisition – something most large investors prefer.
Inpatient Projects: New bridge might mean new hospital
Minnesota system acquires land in high-growth area near new river crossing By John B. Mugford There has been plenty of speculation about how much development a new $646 million bridge spanning the St. Croix River and connecting Minnesota with Wisconsin will spur on both sides.
Post-Acute & Senior Living:Few changes to top operators list
Brookdale is still No. 1 by far on the list of the 10 largest senior living providers By Murray W. Wolf Despite what seems like almost constant change in the senior living sector, at least one thing hasn’t changed – at least not much.
Reit Report: C-V II nears its closing to investors
Carter Validus Mission Critical REIT II has made $1.4 billion of acquisitions By John B. Mugford A number of years ago, non-traded real estate investments trusts (REITs) were among the major buyers of healthcare real estate (HRE), including medical office buildings (MOBs). The landscape has changed since then. Although they are still investing, even the […]
Industry Pulse: No longer a novelty, retailization Evolves
Convenience, affordability and access drive on-demand care Although some might still consider healthcare in retail locations to be unusual, it has become a mainstream strategy for many healthcare providers. And now that the novelty has worn off, “retailization” strategies are evolving and becoming more sophisticated.
Trasactions: Griffin-American REIT IV buys two-MOB portfolio in Connecticut for $15.4 million
Irvine, Calif.-based Griffin-American Healthcare REIT IV on Sept. 29 acquired a portfolio of two MOBs with a total of 80,000 square feet in the cities Stratford and Trumbull, Conn.
Inpatient Projects: Nationwide Children’s in Columbus starts $158 million behavioral health pavilion
Nationwide Children’s Hospital in Columbus broke ground recently for what will become the country’s largest facility dedicated to providing behavioral health services to children and adolescents.
Companies & People: Five questions for PJ Camp
Hammond Hanlon Camp (H2C) grows the scope of what it provides clients By John B. Mugford After the ink had dried in 2016 on the closing of the largest health system sale, or monetization, of medical office buildings (MOBs) in the history of the healthcare real estate (HRE) sector, the $700 million deal grabbed plenty […]
Inpatient Projects: Memphis hospital tops off $275 million tower that’s set to open in spring 2019
Construction has reached the halfway point on Methodist University Hospital’s future $275 million tower, which was given a new name during a recent “topping off” ceremony.
Transactions: Q3 MOB sales drop, but still strong
Sales topped $2 billion – less than Q2, but still one of the better quarters ever By John B. Mugford If 2017 goes on to be the biggest year in the history of medical office building (MOB) sales, as it probably will, most of the credit will and should go to the huge second quarter […]
