Companies & People: Veteran HRE Developer Todd Varney joins NexCore Group in Denver
DENVER – After being in the business of developing healthcare projects for essentially the same company for the last 20 years, Todd H. Varney felt there was no time like the present to make a change of scenery for himself and his family and find a new place to hang his hat.
Companies and People: Harrison Street’s 4th fund closes
Investors contribute $750 million to fund that includes MOBs and other HRE By John B. Mugford Judging by the speed with which Harrison Street Real Estate Capital LLC completed the final closing of its fourth opportunistic fund, the firm has evidently found what real estate investors are looking for. And a big part of what […]
Q&A: Rendina Cos.’s remarkable rebound
It’s been a rocky road, but the pioneering development firm is once again on a roll By Murray W. Wolf Editor’s note: An edited version of this article appeared in the July 2013 edition of Healthcare Real Estate Insights™. What follows includes a complete transcript of the interview with Richard Rendina. This doesn’t seem like it […]
More Healthcare Real Estate Companies & People News
Baylor Charles A. Sammons Cancer Center in Dallas recently earned the U.S. Environmental Protection Agency (EPA) Energy Star certification. The building was developed and is managed by Indianapolis-based Duke Realty Corp. (NYSE: DRE). The designation signifies that the building performs in the top 25 percent of similar facilities nationwide for energy efficiency and that it […]
Companies & People: Perkins+Will designed rehab hospital opens in Boston-area navy yard
CHARLESTOWN, Mass. – A 262,000 square foot rehabilitation hospital designed by Chicago-based Perkins+Will recently opened on a remediated brownfield parcel in the Charlestown Navy Yard just outside of Boston. The $225 million Spaulding Rehabilitation Hospital replaces an aging, 42-year-old facility on the banks of the Charles River.
News Release: Cancer center earns EPA’s ENERGY STAR®
Duke Realty-developed building commonly known as Baylor Charles A. Sammons Cancer Center receives Environmental Protection Agency recognition for superior energy efficiency DALLAS, July 10, 2013 – The building commonly known as the Baylor Charles A. Sammons Cancer Center in Dallas, developed and managed by Duke Realty, has earned the U.S. Environmental Protection Agency’s (EPA’s) ENERGY […]
News Release: Caddis starts work on next Heartis community
The firm’s second branded assisted living and memory care community near Eagle Mountain Lake in north Fort Worth, Texas, is part of its $100 million senior housing investment program FORT WORTH, Texas, July 10, 2013 – Just a few weeks after announcing its plan to invest more than $100 million in senior housing projects during […]
Feature Story: A new name is closing MOB deals
Fairfield Asset Advisors says it’s found a niche in healthcare real estate. Recent deals appear to back that up. By John B. Mugford New entrants often trumpet their move into the healthcare real estate sector, but most of them don’t succeed. Fairfield Asset Advisors is letting its transactions do the talking.
Post-Acute & Senior Living: Firm puts its brand on senior sector
Caddis Partners plans to develop up to 12 senior residences in next 18 months By Murray W. Wolf Caddis Partners LLC, a healthcare real estate firm best known for its medical office buildings (MOBs), is jumping into the senior housing market with both feet. In recent weeks, the Dallas-based healthcare real estate development, management and […]
Companies & People: Plaza lands big leasing assignment
Firm is now in charge of REIT’s 795,000 square foot portfolio in Greater Phoenix By John B. Mugford When the Scottsdale Healthcare system in Arizona put a portfolio of medical office buildings (MOBs) on the market in late 2011, it was certainly big news in the healthcare real estate (HRE) sector.
Companies & People: Duke Realty’s new 66,000 s.f. Scott & White MOB opens in Marble Falls, Texas
MARBLE FALLS, Texas – Duke Realty Corp.’s newly developed Scott & White Specialty Clinic-Marble Falls recently opened for business. Temple, Texas-based Scott & White Healthcare, which operates the largest multi-specialty physician group in the state, is leasing the building for its employed physicians as well as for a variety of clinical outpatient services. The three-story, 66,000 […]
Companies & People: Brasfield & Gorrie wins contract for large project at Medical City in Dallas
DALLAS – Birmingham, Ala.-based construction firm Brasfield & Gorrie was recently awarded the contract for a vertical expansion and renovation project at the 530-bed Medical City Hospital in Dallas. The project would consist of building
Post-Acute & Senior Living: CNL Healthcare Properties buys first skilled nursing portfolio for $56.4 million
ORLANDO, Fla. – CNL Healthcare Properties announced June 6 that has acquired six skilled nursing facilities in Arkansas for $56.4 million.
Companies & People: Transwestern to lease future medical campus outside of Houston
FORT BEND COUNTY, Texas – Houston-based Transwestern was recently awarded the leasing assignment for a future $50 million, 125,000 square foot mixed-use project in Fort Bend County, just outside of Houston.
Post-Acute & Senior Living: Emeritus Corp. signs leases with Health Care REIT Inc. and Merrill Gardens
SEATTLE – Emeritus Corp. (NYSE: ESC) announced June 27 that it has agreed to lease a total of 38 senior housing communities in eight states totaling about 4,400 units. The facilities are owned by a joint venture composed of