Inpatient Projects: After 4 years, Texas hospital on track
MEDISTAR CORP. PLANS TOP OPEN 174-BED FACILITY IN LATE 2013 NEAR HOUSTON By John Mugford All systems certainly seemed to be “go” back in 2007 when Medistar Corp. landed an operating partner for a new privately owned hospital it had planned for Webster, Texas, southeast of Houston. Everything remained on track after construction started and […]
Inpatient Projects: North Phoenix to get a new hospital
JOHN C. LINCOLN HEALTH NETWORK BUYS LAND, PLANS CAMPUS WITH 120 BEDS By Dan Emerson Sure, the recession may have hit Greater Phoenix fairly hard, slowing residential growth and limiting new commercial real estate development, including medical projects. However, there are signs that the economy is improving, and now a new ground-up hospital for the […]
Capital Markets Snapshot: Differing perspectives offer insights
PLAYERS WILL HAVE DIFFERENT MOTIVATIONS AS REFORM IS IMPLEMENTED By Cain Brothers As the drama around the presidential election fades and the healthcare industry focus shifts to implementation of the Accountable Care Act, understanding the process and potential outcome of the enabling legislation that will truly define the ACA’s implementation will require perspective. How the […]
Inpatient Projects: New Orleans healthcare in recovery
NEW $78 MILLION HOSPITAL IN CHALMETTE IS FIRST SINCE HURRICANE KATRINA By Dan Emerson Seven years after Hurricane Katrina and the subsequent flooding crippled the New Orleans area’s healthcare infrastructure,
Outpatient Projects: Rendina starts cancer center in Va.
FIRM’S EXECUTIVES SAY PERSONAL EXPERIENCES MAKE THIS PROJECT SPECIAL By John Mugford A $10 million cancer center being developed by Jupiter, Fla.-based Rendina Cos. is under way on the campus of Southside Regional
Companies: Hammes starts 3rd CAH for Va. system
FIRM IS PROJECT MANAGER FOR CRITICAL ACCESS HOSPITALS IN VIRGINIA, W. VA. Staff Report In today’s complicated healthcare landscape, much focus is being paid to the numerous consolidations taking place and the formation of regional and super-regional health systems. Where does this leave the smaller hospitals and health systems serving patients in rural areas, especially […]
Publisher’s Letter: Our rites of passage
HEALTHCARE REAL ESTATE IS NOW IN TRANSITION By Murray W. Wolf Dear Reader: Any parent who has sent a child off to college can probably empathize with the conflicting emotions you feel when you drive away and leave your son or daughter on campus. After you say your good-byes, successfully hold back tears (or […]
Inpatient Projects: New VA med center finally under way
$1 BILLION REPLACEMENT FACILITY SLATED TO OPEN IN NEW ORLEANS IN 2014 By John Mugford Hurricane Katrina and the flooding it caused destroyed much of New Orleans back in 2005. Included in the destruction were a number of hospitals, such as the U.S. Department of Veterans Affairs (VA) hospital. Since then, the 70,000 registered veterans […]
Outpatient Projects: MOBs going up at new Texas hospitals
DUKE REALTY DEVELOPING 186,500 S.F. OF SPACE FOR SCOTT & WHITE SYSTEM By John Mugford Construction is under way on two medical office buildings (MOBs) on two separate future hospital campuses of Temple, Texas-based Scott & White Healthcare. The MOBs, which are being developed by Indianapolis-based Duke Realty Corp. (NYSE: DRE), are being built in […]
ARC buys $63M Wisconsin portfolio
NEW YORK-BASED UNLISTED REIT BUYS BUILDINGS OCCUPIED BY AURORA MEDICAL By John Mugford ARC Healthcare Trust, an unlisted real estate investment trust (REIT) based in New York, is making its case for being one of the most aggressive buyers of medical real estate. In July, the REIT added to its string of recent acquisitions by […]
Market Focus: Twin Cities: the future of healthcare?
‘NEW’ CARE MODELS ARE FAMILIAR TO MINNEAPOLIS-ST.PAUL REAL ESTATE PROS By Murray W. Wolf If you want to get a feel for the future of healthcare and healthcare real estate, you might want to take a look at Minnesota. Hot topics on the national healthcare scene – increased regulatory control, hospital-physician integration, employed physicians and […]
Outpatient Projects: Landmark developing New York MOB
DEVELOPER WILL OWN 100,000 S.F. FACILITY ALONG WITH DOCS WHO TAKE PART By John Mugford In a classic third-party development arrangement, Milwaukee-based Landmark Healthcare Facilities LLC is moving forward with plans to build, own and manage a medical office building (MOB) on the campus of Sound Shore Medical Center of Westchester in New Rochelle, N.Y. […]
Industry Pulse: July 2012
NEW YORK – In case you missed it, hyper-excitable and in-need-of-caffeine-free coffee host Jim Cramer of “Mad Money” recently had Debra Cafaro, the CEO of Ventas Inc. (NYSE: VTR), on his fast-paced CNBC show. Mr. Cramer almost seemed apologetic about never introducing Ventas to his audience in the past. The show aired just before the […]
Inpatient Projects: Banner continues to expand in Arizona
$151 MILLION EXPANSION AT BANNER ESTRELLA IS ONE OF SEVERAL PROJECTS By John Mugford Banner Health sure looks to be gearing up for plenty of growth in Greater Phoenix. The not-for-profit health system, the second largest private employer in Arizona, recently announced that it plans to spend $151 million on a new 144-bed patient tower […]
Outpatient Projects: Surgical campus to grow with MOB
DALLAS-BASED SRP MEDICAL BREAKS GROUND ON 80,000 SQUARE FOOT FACILITY By John Mugford It looks as if the Methodist Hospital for Surgery is doing quite well in the north Dallas suburb of Addison, Texas. On a site just off the Dallas North Tollway, the 108,000 square foot, 32-bed specialty surgical hospital has been open since […]
