Feature Story: 2015 HREI Insights Awards Finalists: Best New MOB (25,000-49,999 S.F.)
Carolina Orthopaedic & Sports Medicine Center, Gastonia, N.C. Developer: Brackett Flagship Properties LLC When Carolina Orthopaedic & Sports Medicine Center needed to grow, it selected a 12-acre tract adjacent to a local hospital. However, project costs were too high because of expensive site work and a building design that was 16 percent over budget. Enter […]
Feature Story: 2015 HREI Insights Awards Finalists: Best New MOB (Less Than 25,000 S.F.)
Cherry Hills Medical Plaza, Englewood, Colo. Developer: Fleisher Smyth Brokaw LLC When planned, this project called for renovating an existing building. But when work began, it was found that the building was not as structurally sound as anticipated. Such a setback could have added six months to the construction schedule. But Fleisher Smyth Brokaw and […]
Feature Story: Awards program grows in third year
The HREI Insights Awards™ have honored the best of the best in healthcare real estate since 2013 The HREI Insights Awards™ program is still rather young, introduced just two years ago, in 2013. But it has quickly grown in stature in the healthcare real estate (HRE) sector, and has already created some memorable moments.
Feature Story: 2015 HREI Insights Awards Finalists: Best New MOB (50,000-99,999 S.F.)
Minnetonka Medical Center, Minnetonka, Minn. Developer: The Davis Group After unsuccessfully searching for more than year for a clinic site in Minnetonka, an affluent Minneapolis suburb, North Memorial Health Care brought in The Davis Group. Davis not only identified a site, it assembled the needed 5.2 acres by aggressively negotiating purchase agreements for seven commercial […]
Feature Story: 2015 HREI Insights Awards Finalists: Best Inpatient Facility
St. Anthony North Health Campus, Westminster, Colo. Developer: Centura Health The city of Westminster, north of Denver, desired healthcare services focused on whole body care, health and wellness. That was the impetus for the new St. Anthony North Health Campus, which some call the “hospital of the future.” The campus includes 92 private rooms, three […]
Feature Story: Greater than the sum of its parts
Providers discuss the impact of consolidation on the healthcare industry and healthcare real estate By Erin E. Porter Perhaps Greek philosopher Aristotle had the best explanation of why consolidation is all the rage in healthcare today. Aristotle once declared: The whole is greater than the sum of its parts. As his theory goes, individual components […]
Feature Story: Where is pricing? Where is it going?
An InterFace West panel discusses the current and future state of MOB cap rates By Murray W. Wolf Of all the information that healthcare real estate (HRE) professionals can gather about medical office building (MOB) sales, the data point that seems to mean the most is the capitalization (cap) rate. After all, the cap rate, […]
Feature Story: 2014 healthcare real estate sales volume surpassed $11.3 billion
Medical office made up almost $9.3 billion of the total, Revista says By Murray W. Wolf U.S. medical real estate sales totaled more than $11.3 billion in 2014, according to the healthcare real estate (HRE) data service Revista. Medical office building (MOB) sales accounted for 63 percent of the total dollar volume of transactions, followed […]
Feature Story: Partnering up for sustainability
Teaming up is old news in Arizona, where providers have collaborated for years By John B. Mugford For decades upon decades, since the U.S. healthcare system was in its infancy, there was a single road map for growing the delivery care model and serving as many people as possible.
Feature Story: PPACA + 5 = ?
What tactics are providers using now, five years after the PPACA was passed? By Murray W. Wolf March 23 marked the 5-year anniversary of the signing into law of the Patient Protection and Affordable Care Act (PPACA). After a half-decade, it is clear that healthcare reform has influenced providers’ real estate strategies in many ways. […]
Feature Story: Plenty more predictions for 2015
Another dose of observations and prognostications from the HREI™ editorial board By John B. Mugford The recently-published 2015 HREI™ Resource Guide™ included several articles on what might be ahead for the healthcare real estate (HRE) sector, including a story focusing on a discussion with the Healthcare Real Estate Insights™ Editorial Advisory Board last fall. That […]
Feature Story: Six significant subjects
A half-dozen of the most talked about topics from HRE conferences By John B. Mugford With the recent proliferation of healthcare real estate (HRE) conferences, professionals in the sector find themselves gathering quite a number of times in cities near and far to listen to panelists, often composed of some of the best-known executives in […]
Economics: An eye on the economy
Real estate is notoriously cyclical, but this time might be different. Really. By Murray W. Wolf The past two years were good ones for commercial real estate (CRE) in general and healthcare real estate (HRE) in particular, even as the broader U.S. economy struggled to recover from the Great Recession. Now, paradoxically, as the economy […]
Feature Story: Southern accent dominates awards
Six HREI Insights AwardsTM top projects were in the South; Berman, Rendina also won There was a distinctly Southern flavor to this year’s HREI™ Insights Awards™. Six of the seven award-winning projects, plus the Lifetime Achievement Award, all went to projects and people from the southern United States.
Winner: HRE Executive of the Year
Mindy Berman is 2014’s top exec Starting from scratch in 2010, she’s helped build JLL’s healthcare R.E. group E ven though Jones Lang LaSalle (NYSE: JLL) has long been a commercial real estate powerhouse throughout the Americas and the rest of the world, up until recent years ago the sporadic services it provided in healthcare […]