Special Report: ULI healthcare group flies under radar
URBAN LAND INSTITUTE HAS BEEN QUIETLY DEVELOPING A HEALTHCARE COUNCIL By Murray W. Wolf Most of the growing number of professional associations and media companies that sponsor healthcare real estate conferences seem to think bigger is better. More registrations, more sponsors, more publicity – it’s all good. But the Healthcare and Life Sciences Council of […]
Special Report: Survey: sector is strong
CONSULTANT PROBES PLANS OF PROVIDERS, OWNERS By John Mugford What’s on the minds of hospital and health system executives as they navigate their changing industry? A lot, it’s safe to say. However, when it comes to real estate, one goal of a majority of hospitals that responded to a recent survey is to eventually enter […]
Transactions: HTA back in buying mode with deal
REIT ACQUIRES DESERT RIDGE MEDICAL CAMPUS IN PHOENIX FOR $32.75 MILLION By John Mugford After a hiatus of about three months without making an acquisition, Scottsdale-Ariz.-based Healthcare Trust of America Inc. (HTA) was back in buying mode in recent weeks. The non-traded real estate investment trust (REIT), which has been a prolific buyer of healthcare […]
Special Report: Development on the rise
BUT HEALTHCARE REAL ESTATE IS CHANGING RAPIDLY DEVELOPER NOW PART OF BIG CONSTRUCTION FIRM By John Mugford One thing is for sure, the development of healthcare facilities is on the uptick. This must certainly be good news for all healthcare development firms, right? Not necessarily, as the smaller, more regional medical real estate firms that […]
Industry Pulse: July 2011
NEW YORK – Demand for healthcare facilities is approaching a point where it will outstrip supply, according to Jay Flaherty, chairman, president and CEO of Long Beach, Calif.-based HCP Inc. (NYSE: HCP), a large healthcare real estate investment trust (REIT). In a REIT.com video interview at “REITWeek 2011: NAREIT’s Investor Forum” at the Waldorf Astoria […]
Outpatient Projects: Site work starts on 176,462 s.f. MOB
COGDELL SPENCER ERDMAN IS BUILDING $27.8 MILLION PROJECT IN DULUTH, MINN. By John Mugford As hospitals across the country continue to add more and more employed physicians, many are seeing a need for new spaces where these doctors can provide services. One place this is happening is in downtown Duluth, Minn., where design/build firm Cogdell […]
Transactions: Heitman/NexCore buy MOB for $23M
COMPETITION WAS STRONG FOR ON-CAMPUS FACILITY IN LANHAM, MD., NEAR D.C.By John Mugford Opportunities to acquire high-quality medical office buildings (MOBs) in the Washington, D.C., area have been somewhat rare in recent years. As a result, when such properties are indeed put on the market, the competition heats up quite nicely – especially if you’re […]
Q & A: New job for MOB pioneer
SYDNEY SCARBOROUGH TAKES ON NEW ROLE AT JLL By John Mugford When Sydney P. Scarborough was asked a question during the ensuing interview about what she enjoys doing outside of work, there was a caveat that went something like this: “It’s obvious that at work your passion entails helping hospitals reduce costs, but outside of […]
Companies: $154 million Baylor project complete
DUKE REALTY DEVELOPED THE 459,717 SQUARE FOOT DALLAS CANCER CENTER By John Mugford After nearly two years of construction, the newest crown jewel of the giant, not-for-profit Baylor Health System is now up and running in Dallas. In late March, Baylor opened the $154 million, 459,717 square foot Charles A. Sammons Cancer Center on its […]
Transactions: Grubb & Ellis REIT buys five properties
INVESTMENT TRUST PAYS NEARLY $67 MILLION FOR ASSETS IN SEVERAL STATES By John Mugford With 2011 off to a seemingly slow start for healthcare facility transactions, the two most active non-traded healthcare real estate investment trusts (REITs) accelerated the sales velocity with some significant purchases in the past month or so. The two REITs making […]
Special Report: Capital markets stirring
EXPERTS GIVE THEIR VIEWS ON DEBT AND EQUITY By John Mugford In describing the state of the capital markets of the past couple of years, a panel of professionals involved in providing money to the healthcare real estate industry used terms such as “disarray,” “roller coaster” and “wilderness.” Yet, when asked about the markets during […]
Companies: New REIT targeting MOBs, healthcare
ARC LAUNCHES WITH $1.5B STOCK OFFERING; HIRES DASCO, GRUBB VETERANS By Dan Emerson Add another healthcare real estate investment trust (REIT) to the mix of investors interested in acquiring medical office buildings (MOBs) and other healthcare real estate facilities. The newest healthcare REIT is New York-based American Realty Capital Healthcare Trust, which recently rolled out […]
Companies: Inside the Lend Lease DASCO deal
ACQUISITION GIVES DEVELOPER MORE RESOURCES, COMPANY PRESIDENT SAYS By John Mugford It’s probably not news to anyone involved in the healthcare industry that hospitals and health systems are consolidating, and could continue to consolidate, at a fast clip. The trend is being driven by the fact that hospitals need to become as cost-efficient as possible […]
Q & A: Thought leaders needed
PROVIDERS NEED GOOD ADVICE, ‘P.J.’ CAMP SAYS By John Mugford As far as Philip J. “P.J.” Camp is concerned, the healthcare industry’s delivery model is the process of taking on a whole new look, and it will continue to evolve in the era of reform, employed physicians, mergers and acquisitions (M&As), accountable care organizations (ACOs), […]
Special Report: Jump on board for the slow recovery
TODD LILLIBRIDGE PROVIDES ADVICE FOR THOSE LOOKING TO SURVIVE, GROW By John Mugford There has been plenty of talk lately about how healthcare real estate professionals and companies, if they want to survive and perhaps thrive, need to expand their knowledge base and become trusted advisors and resources for hospitals and health systems. In the […]