News & Analysis: MOB sales jumped in Q3
VOLUME TOPPED $1 BILLION; FIRST TIME SINCE Q2 2008 By John Mugford Anyone hoping for a bounce back in medical office building (MOB) sales starting in the second half of 2010 certainly got what they wished for. For the third quarter (Q3), which ended Sept. 30, MOB sales totaled $1.083 billion, according to data compiled […]
Editor’s Letter: The new wait-and-see
OVERTURNING REFORM IS UNLIKELY, BUT CHANGES LINGER By John B. Mugford Dear Reader: Whenever we have a chance, we here at Healthcare Real Estate Insights™ ask our sources whether they believe the healthcare reform law might be overturned. With all of the backlash and outrage occurring over some aspects of the law, could new politicians […]
Market Focus: Denver healthcare market is not rocky
$2 BILLION IN MEDICAL REAL ESTATE PROJECTS ARE UNDER WAY OR PLANNED By John Mugford One of the great things about Denver is the magnificent backdrop. No matter where one stands in the metropolitan area, he or she is sure to find a great view of the snow-topped Rocky Mountains off to the west. Those […]
Companies: Clark, McCarthy land big Navy project
STIMULUS DOLLARS FUEL JV TO BUILD 500,000 S.F. HOSPITAL AT CAMP PENDLETON By John Mugford A joint venture of Clark Construction Group of Bethesda, Md., and McCarthy Building Co. of San Diego recently received a $394 million contract from the U.S. Navy for the construction of a 500,000 square foot, 67-bed hospital at Marine Corps […]
Q&A: Braun sees opportunities
NEW COGDELL CEO DISCUSSES COMPANY, INDUSTRY By John Mugford As far as James W. “Jim” Cogdell is concerned, the newly named chief executive officer (CEO) and president of the company that he founded back in the early 1970s has what it takes to lead the firm, Cogdell Spencer Erdman (NYSE: CSA), to the “next level […]
Product Focus: Proton Beam centers taking off
DESPITE HIGH COSTS, ENTITIES FORGING AHEAD WITH CENTERS AROUND COUNTRY By Jessica Griffith When ProVision Healthcare LLC solidified its plans for a comprehensive cancer campus in Knoxville, Tenn., it was a “no-brainer” to include a proton therapy center. “Right now, proton therapy is one of the most cutting-edge treatments you can receive,” says Scott Warwick, […]
Q&A: Joe Kurzydym of Lillibridge (August 2006)
By Murray W. Wolf Joe Kurzydym is an executive vice president (EVP) and the chief financial officer with Lillibridge, a Chicago-based healthcare real estate firm that owns or manages 10 million square feet of medical properties for more than 250 hospitals and health systems in more than 40 states. Headed by namesake president and CEO […]
Companies & People (January 2006)
COMPANIES A joint venture of Paric Corp. and Barton Malow Co. is building the $75 million, five-story, 180,000 square foot, 72-bed Progress West HealthCare Center on 48 acres in O’Fallon, Mo. St. Louis-based Paric and Southfield, Mich.-based Barton Malow say the project will be completed next year. St. Louis-based HOK is the project architect… Minneapolis-based […]
Financing & Investment: Health Management buys three hospitals for $279 million
NAPLES, Fla. – Health Management Associates Inc. (NYSE: HMA) of Naples in recent weeks announced that it has purchased three hospitals for $279.1 million from Marriottsville, Md.-based Bon Secours Health System.
Medical Properties Trust to buy, develop MOBs and hospitals
BIRMINGHAM, Ala. – Medical Properties Trust Inc. (NYSE: MPW proposed) of Birmingham has entered into agreements to acquire an acute-care hospital and medical office building (MOB) in southern California, and to develop a hospital and MOB in Pennsylvania. The total investment is expected to be about $83 million.
Financing & Investment: HR reveals MOB development plans
Health REIT is Leveraging Relationships with Baylor, Others By John Mugford It looks as if the relationship between Baylor Health Care System and Healthcare Realty Trust Inc. (NYSE: HR) is moving along rather nicely. So nicely, in fact, that the two parties, which have already collaborated on the development of two medical office buildings (MOBs), are in discussions that […]
Provider Profile: VA continues med real estate revamp
2006 Budget Calls for Another $750 Million in Capital Improvements By Beth Mattson-Teig The U.S. Department of Veterans Affairs (VA) is moving full steam ahead on a multi-billion dollar restructuring of its healthcare facilities.
Company Profile: Albert Kahn strives to keep innovating
Reputation was Built on Factories, But Healthcare is its Primary Focus By John Mugford As anyone in business knows, a company’s history typically makes for good stories and conversation – and realistically – not much else. What really matters, as always, is: “What have you done lately?”
For The Record
Companies and People The Adult Civil and Adolescent Behavioral Health Facility at the Arizona State Hospital has received a Design-Build Merit Award from the Design-Build Institute of America. The project was overseen by the Southwest division of McCarthy Building Cos. Inc.; Gould Evans Associates, Phoenix; and Cannon Design, Los Angeles…