Transactions: After increasing MOB’s occupancy, partnership sells facility in Fredericksburg, Va.
In a “value add” opportunity, a partnership of Charlotte, N.C.-based Flagship Healthcare Properties and New York-based Drake Real Estate Partners acquired the off campus, 72,255 square foot Lee’s
Industry Pulse: Trophy Mob In Buffalo, NY To Trade Hands
Hong Kong-based investor said to be acquiring 95 percent stake in Conventus medical building Ever since plans for the construction of the Conventus medical building were announced for an emerging medical corridor in Buffalo earlier this decade, the project has garnered plenty of headlines and lots of demand from interested tenants.
Transactions: MedProperties Holdings, Equity LLC acquire MOB in Bastrop, Texas, outside of Austin
A pair of experienced HRE investors recently teamed up on the acquisition of the 32,987 square foot Lakeside Professional Building in Bastrop, about 34 miles south of Austin. The partnership
Outpatient Projects: Rendina developing an MOB on the campus of replacement hospital in Florence, Ala.
With construction continuing on a future replacement campus in Florence, in the northwest corner of Alabama, Jupiter, Fla.-based
Transactions: Norvin makes big buy in Bellaire
Firm acquires the 505,000 square foot Pin Oak complex in suburban Houston By John B. Mugford During the past couple of decades, New York-based Norvin Healthcare Properties has built a strong portfolio of medical office buildings (MOBs) in Greater Houston, where its numerous facilities house services offered by the area’s largest health systems and group […]
Companies & People: HTA hires Caroline Chiodo as senior VP of finance; she was previously at Duff & Phelps
Scottsdale-based Healthcare Trust of America (NYSE: HTA) recently hired Caroline Chiodo as senior VP of finance. In her new role, Ms. Chiodo is focused on investor relations, capital markets,
Inpatient Projects: ‘Destination’ cancer care is the goal
Sarasota (Fla.) Memorial Hospital board approves $220 million for first two phases By John B. Mugford Currently, there are four cancer centers in Florida that could be considered “destinations” for patients seeking comprehensive care. Sarasota Memorial Health Care System in Sarasota, Fla., along the Gulf Coast, is hoping to eventually join that group with new […]
Post-Acute & Senior Living: Denver firms break ground on 77-unit senior community in Albuquerque, N.M., area
Construction has started on a 70,863 square foot senior living community in Rio Rancho, north of Albuquerque. The 77-unit MorningStar of Rio Rancho will offer assisted living and memory
Companies & People: Hammes Company adds former health system executive to its team in Texas
Brookfield, Wis.-based Hammes Company recently announced that it has added Marc Leediker to its team as senior project executive in its Texas market, where it has offices in Dallas, Houston and San
Inpatient Projects: VA hospital in Tampa, Fla., to start construction on a $148.6 million bed tower
A long delayed plan to expand the 499-bed James A. Haley Veterans’ Administration (VA) Hospital in Tampa is moving forward, as the U.S. Army Corps of Engineers on Jan. 31 awarded a
Companies & People: Sina Companies and Donati Healthcare Partners announce they have merged
Sina Companies, a nationally recognized developer of healthcare real estate (HRE), recently announced that it has merged with Atlanta-based healthcare real estate development firm Donati
Post-Acute & Senior Living: Firm announces plans for massive, three-building senior medical complex in Orlando
A local development and architectural firm has announced plans for a $1 billion, three-building senior-focused medical complex in downtown Orlando. Included in Orlando-based Ponte Health’s
Inpatient Projects: UCSF hospital receives $500 million gift to help with $1.5 billion rebuild
A recent $500 million donation is going to help University of California, San Francisco (UCSF) Health proceed with a rebuilding project for most of its Parnassus Heights Hospital in San Francisco.
Companies & People: Raymond James serves as bond issuance placement agent for North Dakota system
As Trinity Health continues working on its future $275 million replacement campus in the southwest part of Minot, St. Petersburg, Fla.-based Raymond James announced that its Healthcare Finance
Cover Story: Largest outpatient developers revealed
MedCraft, Healthcare Realty Trust, NexCore Group and HTA Development led the way last year By John B. Mugford With more than 34 million square feet of MOBs and other outpatient projects started or completed in 2017, developers MedCraft, Healthcare Realty Trust, NexCore Group and HTA Development led the way, according to second annual report by […]