Feature Story: Focus on healthcare, not reform
Some providers say they’d be changing their real estate strategies anyway By Murray W. Wolf Most articles about the Patient Protection and Affordable Care Act (PPACA), aka healthcare reform, focus on how the four-year-old law is “forcing” hospitals and health systems to change their ways – with a stated goal of delivering higher-quality, more collaborative […]
Feature Story: Finalists: Best New MOB (100,000 SF or More)
Akron General Health and Wellness Center, Green, Ohio Developer: Rendina Cos. Akron General Health System wanted to increase its presence in the growing communities south of Akron and fast-track the development of a health and wellness center near a new freestanding emergency department (FED). Rendina began site work as the design and permit processes progressed […]
Feature Story: 2013 HREI™ Insights Awards™
Recognizing the finest in HRE people and projects Of all the initiatives we have undertaken since we launched Healthcare Real Estate Insights™ nearly 11 years ago, the HREI Insights Awards™ is perhaps the only one that has generated nothing but positive feedback. Since we unveiled the only national awards totally dedicated to recognizing excellence in […]
Feature Story: Finalists: Best New MOB (50,000-99,999 SF)
Harker Heights Medical Pavilion, Harker Heights, Texas Developer: Rendina Cos. Rendina Cos. delivered a successful solution for Seton Family Healthcare and LHP Hospital Group with a $10.9 million, three-story, 61,064 square foot full-service MOB on the new Seton Medical Center campus. The MOB provides the two clients with a competitive edge and a community asset […]
Feature Story: Finalists: Best New MOB (25,000-49,999 SF)
Crystal Medical Center, Crystal, Minn. Developer: The Davis Group Northwest Family Physicians needed a way to continue to serve suburban Minneapolis’ predominantly senior market of Crystal with its flagship clinic, but its existing landlord was unable to meet its requirements. Initially located at a mostly vacant retail mall, the client desired an alternative location within […]
Feature Story: Finalists: Lifetime Achievement Award
James O. Meadows Meadows & Ohly The year was 1972. HRE was not a recognized real estate asset class. Yet James O. Meadows led the development of Meadows & Ohly’s first MOB. With an innovative and entrepreneurial approach, Mr. Meadows and his partner Carl Ohly pioneered the limited partnership physician ownership model in multi-tenant buildings […]
Feature Story: Finalist: Best New MOB (Less than 25,000 SF)
DaVita Stevens Creek, San Jose, Calif. Developer: Meridian Property Co. Provider DaVita Healthcare Partners Inc. wanted to open a new facility in San Jose to satisfy unmet demand for kidney care. Unable to find an existing property suitable for a retrofit, DaVita turned to Meridian Property Co. to develop a new $4.1 million, 9,075 square […]
Feature Story: Finalists: HRE Executives of the Year
Christopher Bodnar and Lee Asher, CBRE The sales numbers are quite prolific for the team of Chris Bodnar and Lee Asher, co-leaders of CBRE Group Inc.’s national Healthcare Capital Markets Group. The two have teamed on the disposition of mo re than 6.6 million square feet of medical assets, and, during a recent 24-month span, […]
Feature Story: Finalists: Best Post-Acute/Senior Living
Heartis Conroe, Conroe, Texas Developer: Caddis Partners One thing became clear as Caddis Partners and its operating partner Good Neighbor Care studied the Conroe market in 2012: there was a strong need for more memory care services in the growing city north of Houston. Developing the facility under its new Heartis brand, Caddis opened the […]
Feature Story: Finalist: Best Inpatient Facility
Central Texas Rehabilitation Hospital, Austin, Texas Developer: Prevarian Hospital Partners LP For three years, a development firm tried but did not succeed in landing a site for a new Central Texas Rehabilitation Hospital in Austin. The client, a partnership of RehabCare Group and Seton Family of Hospitals, wanted to move the 20-bed unit out of […]
Feature Story: It takes a (healthcare) village
Boldt Co. sees the potential to develop health campuses nationwide By John B. Mugford Milwaukee-based firm working on first such project near Colorado Springs Providing healthcare services has long been a reactive endeavor, with most of the care being given to the sick or injured. It’s the method by which our healthcare system was created […]
Feature Story: Deal takes Washington by storm
Harrison Street’s blockbuster medical office building purchase from WRIT totals $500.75 million Harrison Street should soon become the largest owner of MOBs in D.C. area By John B. Mugford As you read this, Chicago-based Harrison Street Real Estate Capital LLC does not own a single medical office building (MOB) in the Greater Washington, D.C., area. […]
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.
Feature Story: HTA now getting plenty of attention
After a low-key NYSE listing, the healthcare REIT has taken steps to get noticed By John B. Mugford There are speculations as to why Healthcare Trust of America Inc. did not receive as much attention as anticipated from analysts after it went public on June 6, 2012. On that day, the company went from being […]
Feature Story: Independence day
Privately held Cornerstone Cos. says it is doing just fine on its own By John B. Mugford When capital-rich suitors came calling in recent years, many smaller healthcare real estate firms (HRE) succumbed to the temptation to partner or be acquired. But one regional HRE firm that has no plans to sell is Indianapolis-based Cornerstone […]