INPATIENT PROJECTS: U of Tennessee to add cancer institute
NEW FACILITY IN KNOXVILLE WOULD BE LARGEST IN REGION, HOSPITAL EXECS SAY By Dan Emerson A mid-year ground breaking is set for a new $20 million cancer institute on the campus of University of Tennessee Medical Center in Knoxville, Tenn. The new facility would have at least 100,000 square feet of space, making it the […]
Transcations: Medical Properties Trust makes buys
REIT THAT FOCUSES ON HOSPITALS BUYS N.J. ACUTE CARE FACILITY, TEXAS LTAC By John Mugford Birmingham, Ala.-based Medical Properties Trust Inc. (NYSE: MPW), a publicly traded real estate investment trust (REIT), recently paid more than $80 million to acquire the real estate assets of an acute care hospital in New Jersey and a long-term acute […]
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 […]
Provider News: Sutter’s bond issue to fund upgrades
CALIFORNIA SYSTEM RETURNS TO BOND MARKET FOR FIRST TIME SINCE 2008 By Dan Emerson Encouraged by the improving economy, Sutter Health recently returned to the bond market for the first time since 2008 with a $900 million tax-exempt revenue bond issue. The 24-hospital system plans to use about $750 million to upgrade three of its […]
Inpatient Projects: Hospital at The Vintage is unveiled
ST. LUKE’S PARTNERED WITH HAMMES CO. FOR FACILITY IN NORTHWEST HOUSTON By Dan Emerson A new hospital opened recently in a large planned, mixed-use community in northwest Houston. The new hospital, St. Luke’s Hospital at The Vintage, is a 106-bed, four-story, 224,414 square foot facility. It marks the fifth collaboration since 2000 between Houston-based St. […]
Transactions: Duke Realty buys large Charlotte MOB
REIT PAYS $47.7 MILLION FOR MOB ATTACHED TO CAROLINAS MEDICAL CENTER By John Mugford Indianapolis-based Duke Realty Corp. (NYSE: DRE) recently entered the Charlotte, N.C., market with the acquisition of a large medical office (MOB) building. The publicly traded real estate investment trust (REIT) acquired the 190,773 square foot Morehead Medical Plaza I for $47.7 […]
Inpatient Projects: Hospital set for College Station, Texas
SCOTT & WHITE BUYS LAND, PLANS $165 MILLION FACILITY THAT WOULD OPEN IN 2013 By John Mugford The land is secure, plans are finalized and now construction can begin on the future five-story, 320,000 square foot Scott & White Hospital College Station, Texas. Temple, Texas-based Scott & White Healthcare recently acquired a 98-acre site on […]
Special Report: RealShare-Hospital Expansion
Are MOBs an endangered species? PROBABLY NOT, BUT PANELISTS SAY DESIGN, FINANCING, OWNERSHIP WILL CHANGE By Murray W. Wolf Will medical office buildings (MOBs) go the way of the rotary phone? Perhaps that is an exaggeration. But the way MOBs are designed, financed and owned is already changing, according to a panel of healthcare providers […]
Company Profile: Health Development Partners (July 2007)
At-risk model is at work for developer HEALTHCARE DEVELOPMENT PARTNERS GOING STRONG AT 15 YEARS, $1.6B By John Mugford It was by accident – well, sort of – that Todd Bryant got into the business of developing medical buildings two decades ago. That chance involvement led to the founding of his healthcare development firm, […]
Provider Perspective: Are MOBs an endangered species?
PROBABLY NOT, BUT PANELISTS SAY DESIGN, FINANCING, OWNERSHIP WILL CHANGE By Murray W. Wolf Will medical office buildings (MOBs) go the way of the rotary phone? Perhaps that is an exaggeration. But the way MOBs are designed, financed and owned is already changing, according to a panel of healthcare providers who tackled the issue during […]
Inpatient Projects: Hospital set for College Station, Texas
SCOTT & WHITE BUYS LAND, PLANS $165M FACILITY THAT WOULD OPEN IN 2013 By John Mugford The land is secure, plans are finalized and now construction can begin on the future five-story, 320,000 square foot Scott & White Hospital College Station, Texas. Temple, Texas-based Scott & White Healthcare recently acquired a 98-acre site on the […]
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 […]
Special Report: Role of MOBs will expand
THEY OFFER MANY BENEFITS, CAIN’S MOLONEY SAYS By Murray W. Wolf The changing healthcare industry will amplify the strategic importance of off-campus medical office buildings (MOBs), but the real estate models will change. That’s according to James M. “Jim” Moloney, who delivered the opening keynote address at the recent RealShare Medical Office Buildings conference in […]
HTA acquires North Carolina MOB
Healthcare Trust of America, Inc. Acquires an Approximately 153,000 Square Foot Medical Office Park in Cary, North Carolina SCOTTSDALE, Ariz., Jan. 3, 2011 /PRNewswire/ — Healthcare Trust of America, Inc. (“HTA”), a self-managed, non-traded, real estate investment trust, announced the completed acquisition of a medical office park in Cary, North Carolina for approximately $28,200,000. The […]
News & Analysis: Big REIT makes big buy
HR ACQUIRES BAYLOR FACILITY IN FRISCO, TWO MOBs By John Mugford Nashville, Tenn.-based Healthcare Realty Trust (NYSE: HR) closed out 2010 with a big acquisition in Texas. The large healthcare real estate investment trust (REIT) acquired the campus of Baylor Medical Center at Frisco, which is comprised of a 68-bed acute care hospital and two […]