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 […]
Companies: M&A trend: DASCO sold
DEVELOPER NOW PART OF BIG CONSTRUCTION FIRM By John Mugford As a group of healthcare real estate professionals engaged in a discussion in 2010 concerning trends in their industry, one of the participants predicted that merger and acquisition (M&A) activity will continue to increase – not only among hospitals and health systems, but among companies […]
Product Focus: MOB sales rebound
2010 SECOND HALF VOLUME DOUBLES FIRST HALF By John Mugford Not since the first half of 2008 had medical office building (MOB) sales topped $1 billion in consecutive quarters. But in a strong rebound from nine consecutive quarters of somewhat anemic sales volumes, the MOB acquisition market took off in the third (Q3) and fourth […]
Industry Pulse: February 2011
CHICAGO – The consolidation trend among companies involved in healthcare real estate continues. In a deal that was announced just as this issue was going to press, Chicago-based Ventas Inc. (NYSE: VTR) entered an agreement to acquire Newport Beach, Calif.-based Nationwide Health Properties Inc. (NYSE: NHP). The two companies say the deal is valued at […]
Transactions: Landmark portfolio, NorthMarq MOB
The Landmark portfolio ■ Jersey City MOB in Jersey City, N.J. This 67,831 square foot facility is on the campus of Jersey City Medical Center. The new MOB was completed in 2010, is 100 percent occupied and is on land owned by the hospital and leased to the building owner through a long-term ground lease. […]
Special Focus: Looking ahead, Part II
Future is positive, with some concerns HREI™ BOARD MEMBERS WORRY ABOUT INCREASED RFPs, ACCOUNTING CHANGES, ETC. By John Mugford Last month, we published a story highlighting potential trends in the healthcare real estate sector, as told to us by members of the Editorial Advisory Board of Healthcare Real Estate Insights™. Most of their predictions for […]
Companies (January 2011)
JLL, system partner up on real estate REAL ESTATE FIRM LANDS AGREEMENT WITH BEAUMONT HOSPITALS IN MICHIGAN By John Mugford At almost every medical office building (MOB) real estate conference a professional might attend these days, there is talk of the need for efficiency and the development of cost-effective buildings. That’s because as hospitals and […]
How to reform reform
How to reform reform HERE ARE SOME PROVISIONS THAT NEED REVISION Dear Reader: Last month, I said that the Patient Protection and Affordable Care Act, aka healthcare reform, should be repealed – and my position stands. Repeal certainly might be attainable, considering that we now have a solid GOP majority in the U.S. House, additional […]
Special Report: Future is bright, with some concerns
HREI™ BOARD WORRIES ABOUT NEW FOCUS ON RFPs, ACCOUNTING CHANGES, ETC. By John Mugford Last month, we published a story highlighting potential trends in the healthcare real estate sector, as told to us by members of the Editorial Advisory Board of Healthcare Real Estate Insights™. Most of their predictions for 2011 and beyond pointed to […]
Companies: JLL, system partner up on real estate
REAL ESTATE FIRM LANDS AGREEMENT WITH BEAUMONT HOSPITALS IN MICHIGAN By John Mugford At almost every medical office building (MOB) real estate conference a professional might attend these days, there is talk of the need for efficiency and the development of cost-effective buildings. That’s because as hospitals and health systems look to their future in […]
Sabra Health Care REIT to Present at Stifel Nicolaus Conference
Sabra Health Care REIT, Inc. to Present at the 2011 Stifel Nicolaus Senior Housing & Healthcare Real Estate Conference IRVINE, Calif., Jan. 7, 2011 (GLOBE NEWSWIRE) — Sabra Health Care REIT, Inc. (Nasdaq:SBRA) announced today that Richard K. Matros, the company’s Chief Executive Officer, will present at the 2011 Stifel Nicolaus Senior Housing and Healthcare Real Estate […]
Transactions: New portfolio hits market for new year
SEVEN PROPERTIES ARE LOCATED IN FOUR STATES, INCLUDING THE EAST COAST By John Mugford There are eager buyers are out there, well-capitalized and hungry to gobble up healthcare real estate. The only problem, of course, is that there just never seems to be enough product available to satisfy the appetites of those potential buyers, according […]
Jones Lang LaSalle and Beaumont Hospital Form Partnership
Jones Lang LaSalle and Beaumont Hospital Form Partnership to Service 8.5 Million-Square-Foot Health Care Facility and Real Estate Portfolio Partnership to create new industry-leading standard CHICAGO and DETROIT, Jan. 5, 2011 —Jones Lang LaSalle today announced the formation of a new integrated services partnership with Beaumont Hospitals to create a new standard in health care […]