Outpatient Projects: Seavest completes renovations and renames MOBs it owns on campus in Fairfax, Va.
FAIRFAX, Va. – White Plains, N.Y.-based Seavest Healthcare Properties LLC recently completed $1.7 million worth of renovations at its the two-MOB complex on the campus of the 182 bed Inova Fair Oaks Hospital in Fairfax,
Post-Acute & Senior Living: Dealing with troubled operators
In earnings call, NHI officials discuss how they handle struggling properties By John B. Mugford While most owners of senior housing property remain bullish on the sector, especially over the long term, many find themselves having to take measures to turn around struggling facilities and, perhaps, change operators within their portfolios in the short […]
Companies & People: Anchor Health hires David Chung, formerly of Duke Realty, to lead business in the West
Anchor Health Properties, a full-service healthcare real estate (HRE) firm with six offices nationwide, has hired David Chung as executive VP for its operations in the western United States.
Industry Pulse: Mob demand remains high despite uncertainty
Despite uncertainty, MOBs remain hot with investors thanks to favorable demographics Ongoing uncertainty about healthcare will likely persist for an extended period, but positive demographic factors continue to support a growing medical office building (MOB) market.
Outpatient Projects: Ryan Companies breaks ground for MOB near Tampa, Fla.; Colliers brokers lease
TAMPA, Fla. – In more news from the Tampa area, Florida Orthopaedic Institute has signed a leased for 29,000 square feet in the future Brandon Gateway Medical Plaza being developed in the suburb of Brandon, Fla.
Inpatient Projects: VA selects site for $925 million, 104-bed replacement for medical center in Louisville, Ky., area
LOUISVILLE, Ky. – More than a decade after announcing plans to replace the 1950s-era Robley Rex VA Medical Center in the Louisville, the U.S. Department of Veterans Affairs (VA) has selected a site.
Post-Acute & Senior Living: HCP details plan to reduce its Brookdale portfolio, both operating and triple-net
LONG BEACH, Calif. – Long Beach-based HCP Inc. (NYSE: HCP), announced Nov. 2 that it has completed several transactions with Brentwood,
Inpatient Projects: Highmark, Allegheny in Pittsburgh to invest more than $1 billion in the region
PITTSBURGH – As noted on the previous page, the University of Pittsburgh Medical Center (UPMC) plans to invest about $2 billion in three new specialty hospitals.
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?