Industry Pulse

Industry Pulse: On the Record - Scott D. Peters

Industry Pulse: On the Record – Scott D. Peters

Unlike some REITs, HTA plans to be a net buyer of HRE in 2016. Why? “The tailwinds in the MOB space continues to be strong. The Affordable Care Act continues to bring people into the healthcare system. The U.S. continues to grow older with over 55 million additional individuals turning 65 over the next five […]

Industry Pulse: On the Record - Thomas Rizk

Industry Pulse: On the Record – Thomas Rizk

Why is Rizk Ventures investing in hospital facilities in Colombia? “Colombia has a significant shortage of hospital beds, with many leading hospitals seeking expansion capital. This has created an opportunity to develop a robust pipeline of sale-leaseback opportunities.” Thomas Rizk, Co-Founder, Chairman and CEO of New York-based Rizk Ventures LLC. Rizk Ventures and joint venture […]

Kaiser is developing this new MOB at the site of a former theater in Chino, Calif. Rendering courtesy of Kaiser Permanente

Industry Pulse: Theaters and Borax – Kaiser Gets Creative

Provider sees opportunities in former theater, office building During the past several years, perhaps no healthcare provider or HRE firm has repurposed or redeveloped more properties than Kaiser Permanente. Recently, the Oakland, Calif.-based managed care consortium was at it again, with two more creative adaptive reuse projects in its home state.

Some providers, such as Northwell Health, say that rising leasing costs make it more sensible to own their facilities. Photo courtesy of SOM

Industry Pulse: Providers Discuss Thin Margins, Building Boom

Operating costs are high, margins are thin and upgrades are expensive, providers say At two recent Bisnow healthcare real estate events on the East Coast, the providers on the agenda said that operating costs are high, margins are thin, and the need to continuously improve facilities to compete and stay current is expensive.

Cain Brothers says most providers are years away from having integrated care models like Kaiser Permanente in California. Photo courtesy of Kaiser Permanente

Industry Pulse: Population Health Will be a Key in 2016

PHM transition will be key to achieving IHI’s “triple aim” Population health management (PHM) will be the dominant trend for the acute care sector this year. That’s according to the recent “2016 Healthcare Industry Outlook” report from the investment bank Cain Brothers & Co. LLC.

Industry Pulse: On the Record - Dr. Larry Goodman

Industry Pulse: On the Record – Dr. Larry Goodman

Why is Rush planning a new $500M outpatient center in Chicago? “These initiatives will allow us to best coordinate services for patients, and to prepare our students for their roles as the next generation of healthcare professionals. We are excited to work with our stakeholders and partners to finalize plans and help bring the Rush […]

HSA PrimeCare redeveloped a former furniture store in River Forest, Ill., into a modern MOB for Loyola University Health System.
Photo courtesy of HSA PrimeCare

Industry Pulse: Healthcare Retailization About More Than Access

Gaining brand recognition with traffic from retail customers is also part of the strategy In a recent wrap-up of 2016 commercial real estate trends, HSA PrimeCare of Chicago spoke for the healthcare real estate (HRE) sector, citing retailization as the market’s biggest trend.

Industry Pulse: Regional Health Systems Form JV for MOB Project

Industry Pulse: Regional Health Systems Form JV for MOB Project

In an interesting twist on collaboration, two Michigan providers plan to team up for MOB A new joint venture (JV) medical office building (MOB) is being planned by two Michigan systems. Grand Rapids-based Spectrum Health and Holland-based Holland Hospital formed a JV called Health Pointe in June 2015.

Industry Pulse: On the Record - Michael Bennett

Industry Pulse: On the Record – Michael Bennett

What do you think is ahead for healthcare real estate in 2016? “Unlike some involved in the sector, I think we will see an increase in the number of monetizations, or sales of medical office buildings by hospitals and health systems, in the coming year. If I were to put a number on it, I’d […]

Industry Pulse: On the Record - Nathan Golik

Industry Pulse: On the Record – Nathan Golik

What is your firm’s investment strategy when it comes to freestanding EDs? “(FEDs) are not something we’ve pursued as much… It’s just a really high-priced per square foot development cost. Even if you’ve got a health system anchor, if you’re in a non-CON state, at the end of that lease term, you can just build […]

The former Walter Reed Hospital campus in Washington, D.C., is to be transformed into 3.1 million square feet of mixed-use space.
Photo courtesy of Hines Interests LP

Industry Pulse: Healthcare to be Part of Walter Reed Campus Plan

Part of former Walter Reed Hospital campus might be home to healthcare once again As a groundbreaking nears for the potential redevelopment of a large portion of the former Walter Reed Hospital campus in Washington, operated by the U.S. Army until its closure in 2011, it looks as if healthcare will be a part of […]

The acquisition of 31 acres in Deltona, Fla., by a rival system has some wondering if Florida Hospital will soon face competition.
Photo courtesy of Florida Hospital

Industry Pulse: 31-Acre Buy Sparks Hospital Speculation

Local media says a new 120-bed hospital is in the works With just one hospital, the city of Deltona, Fla., has been, for some time, considered to be a good candidate for the development of a new inpatient facility.

Industry Pulse: On the Record - Tim Delgado

Industry Pulse: On the Record – Tim Delgado

What is one of the big issues facing the healthcare real estate sector?

The Vision McMillan project proposed for Washington, D.C., would include up to 1 million square feet of medical space.
(Rendering courtesy of Trammell Crow Co.)

Industry Pulse: D.C.’s Vision McMillan Plan Facing Opposition

More trouble on horizon for D.C. mixed-use project with 1 million s.f. of medical space It’s been a long haul for a development partnership proposing the Vision McMillan project in Washington, D.C., a redevelopment plan for a vacated water filtration plant that could include up to 1 million square feet of new medical office, research […]

Multi-tenant MOBs like the Los Alamitos (Calif.) Medical and Wellness Pavilion might become a rarity, some developers say.
Rendering courtesy of PMB

Industry Pulse: Is the Traditional MOB a ‘Dinosaur?’

It can depend on the level of employed docs in the market This month’s cover story, “Is development back?” on Page 21 reports on a discussion conducted during the recent InterFace Healthcare Real Esatate Southwest conference. But the article had to be condensed to get it to fit in the magazine.