Transactions: Bamboo Micro Equity Fund I acquires 52,000 square foot MOB outside of St. Louis
SUNSET HILLS, Mo. – Chesterfield, Mo.-based Bamboo Equity Partners, which manages $450 million worth of real estate in the Midwest, recently acquired an MOB in Sunset Hills, outside of St. Louis, through its Bamboo Micro Opportunity Fund I LP.
Post-Acute & Senior Living: Welbrook Senior Living starts its second transitional rehab facility in New Mexico
FARMINGTON, N.M. – El Segundo, Calif.-based Welbrook Senior Living recently started construction on its second transitional rehabilitation facility in New Mexico.
Transactions: Montecito acquires newly constructed, 16,500 square foot MOB near Nashville, Tenn.
MT. JULIET, Tenn. – In more news from Montecito Medical Real Estate, the firm announced recently that it acquired the 16,500 square foot Saint Thomas – Mt. Juliet MOB in rapidly growing Mt. Juliet, near Nashville.
Post-Acute & Senior Living: Chicago firm acquires three assisted living, memory care properties in Greater Dallas
GREATER DALLAS – The Dallas Business Journal reported Nov. 20 that Chicago-based CA Ventures and its CA Senior Living LLC have agreed to acquire three properties in suburbs north of Dallas.
Companies & People: Hammes lands big job in Cleveland
Firm will be the owner’s rep for $1 billion Metro Health campus transformation By John B. Mugford Since its founding in 1991, Brookfield, Wis.-based Hammes Company has managed more than 57 million square feet of healthcare project expansions, renovations, replacements and greenfield campus development projects valued at more than $23 billion.
Inpatient Projects: Inova hospital in Landsdowne, Va., breaks ground on 366,000 square foot tower
LANDSDOWNE, Va. – Officials recently broke ground on a new 366,000 square foot patient tower at the main campus of Inova Loudoun Hospital in Landsdowne, about 30 miles northwest of Washington, D.C.
Industry Pulse: Convergence of Bond Yields Continues
Taxable financing is looking comparatively more attractive How do taxable and tax-exempt rates compare today as a result of the recent headlines surrounding tax reform?
Inpatient Projects: Dayton, Ohio-area health systems engage in battle over planned hospitals in suburbs
DAYTON, Ohio – The Dayton Daily News reports that the area’s largest health systems are locked in a debate over what constitutes harmful, detrimental competition or smart business.
Outpatient Projects: NexCore Group opens 63,829 square foot women’s specialty care center in Tampa, Fla.
TAMPA, Fla. – Denver-based NexCore Group LP, a national healthcare real estate (HRE) developer, recently opened an outpatient facility focused on women’s care in a high-growth area of Tampa.
Companies & People: Transwestern to provide leasing, management for San Antonio medical complex
Houston-based Transwestern’s San Antonio office has been hired to provide leasing and property management services for Legacy Oaks Medical Plaza, a 224,262 square foot,
Inpatient Projects: Altru Health System in Grand Forks, N.D., plans $250 million-plus replacement hospital
GRAND FORKS, N.D. – Officials of Altru Health System in Grand Forks announced plans Nov. 8 for a replacement hospital in Grand Forks.
Companies & People: Welltower hires Cushman & Wakefield to provide leasing services for San Diego complex
With new renovations complete on its Regents Medical Center in the La Jolla area of San Diego, Toledo, Ohio-based Welltower has hired Cushman & Wakefield to provide leasing services.
Transactions: Welltower lands MOBs in Florida
Tenant is large physician group with 50-plus locations in Greater Tampa area By John B. Mugford For the most part, the country’s largest healthcare-focused real estate investment trusts (REITs), those with portfolios worth hundreds of millions of dollars, are not all that interested in making smaller acquisitions of one or two medical office buildings (MOBs) […]
Outpatient Projects: Planned MOB grows into a campus
Mortenson, RMG project in Colorado Springs, Colo., could have up to 150,000 s.f. By John B. Mugford What started out as a plan for a single 34,000 square foot medical office building (MOB) near a growing hospital campus in Colorado Springs, Colo., has turned into much more.
Industry Pulse: MOBs will continue to play a key role
‘Patient-centered’ ambulatory facilities are a strategic focus The “patient-centered ambulatory facility” will play a crucial role in delivering care for the new healthcare consumer. That’s according to Matt Pesesky of The Advisory Board, who was the keynote speaker at the Oct. 26, 2017, Suburban Chicago BOMA conference, “The Evolving Medical Office Building.”