Post-Acute & Senior Living: Renovations at Baltimore SNF refocus facility on short-term, sub-acute services
BALTIMORE – Perhaps a future development in providing services along the continuum of care calls for refocusing some of the country’s long-term skilled nursing facilities (SNFs) into short-term, sub-acute care centers providing rehabilitation services.
Industry Pulse: On the Record – Mercedes Kerr
What will be Welltower’s investment focus during 2017?
Industry Pulse: Hospital Construction Headed for 4-Year High
New, expanded and replaced hospitals in pipeline total about 32.7 million square feet It looks as if 2017 is going to be a very big year for new hospital construction projects.
Post-Acute & Senior Living: New not-for-profit, faith-based senior community underway on 14 acres in Puyallup, Wash
PUYALLUP, Wash. – A ground breaking was scheduled for February 2017 in Puyallup, just outside of Tacoma, Wash., for the future Wesley Homes Bradley Park, a 62-plus senior housing community.
Post-Acute & Senior Living: Calling all ‘parrot heads’ to Florida
Senior community’s theme would be based on Jimmy Buffet’s Margaritaville By John B. Mugford As senior housing projects continue to compete for residents, some of the newer communities are being built with specific themes in order to possibly provide a competitive edge.
Industry Pulse: Florida Medical Condo Comeback?
Aventura, Fla., med tower tops out, is about two-thirds sold One of the first medical office condominium projects to be built in a number of years in Miami-Dade County, Fla., is well underway near the 407-bed Aventura Hospital and Medical Center, part of HCA East Florida and Nashville, Tenn.-based HCA Holdings Inc. (NYSE: HCA).
Companies & People: Flagship adds ‘healthcare’ to its name
Company is growing in all facets; adds Dev Gregg to lead development team By John B. Mugford It seemed like only a matter of time before Brackett Flagship Properties LLC changed its named to reflect the strong niche it’s carved out in the Southeast healthcare real estate (HRE) market. The Charlotte, N.C.-based company did just […]
Capital markets: Multi-asset class portfolio finance
It’s a part of the HRE market that presents a unique financing challenge By Erik Tellefson Healthcare portfolio acquisitions were a large part of the medical office building (MOB) landscape in 2016 and this trend is projected to continue in 2017. In particular, multi-asset class healthcare portfolios will be part of the healthcare real estate […]
Companies & People: Rendina completes 62,835 square foot MOB for Dignity Health in Glendale, Ariz.
GLENDALE, Ariz. – Jupiter, Fla.-based Rendina Healthcare Real Estate, which has six offices nationwide, has completed a 62,835 square foot MOB on the campus of Dignity Health St. Joseph’s Westgate Medical Center in Glendale, just outside of Phoenix.
Companies & People: Morgan/Harbor completes construction of senior-focused MOB in Illinois
ROMEOVILLE, Ill. – Willowbrook, Ill.-based Morgan/Harbour recently completed constructing a 28,928 square foot MOB for Chicago-based Presence Health, an 11-hospital system, in Romeoville, about 25 miles southwest of downtown Chicago.
Outpatient Projects: Minnesota firm plans new MOB
The Davis Group announces project in expanding mixed-use development By John B. Mugford The most prolific medical office building (MOB) developer in the Twin Cities area of Minneapolis and St. Paul, Minn., during the past couple of decades is planning another facility in a growing suburb. Minneapolis-based The Davis Group recently announced that it is […]
News Release: Hanley Investment Group arranges sale of 156,000 sf mixed-use retail center for $62 million in Arcadia, Calif.
Posted on February 24, 2017 Retail, Office and Medical Complex Sells for Nearly 98% of Asking Price CORONA DEL MAR, CALIF. – Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in investment property sales, announced today that the firm arranged the sale of Arcadia Gateway Center, a 156,046-square-foot, […]
News Release: MPV Breaks Ground on Novant Denver Medical Building
Charlotte, NC (February, 2017) – MPV Properties (MPV) is pleased to announce the ground breaking of a new medical facility for Novant Health in Denver, North Carolina. MPV broke ground on the new 2-story 25,000 SF medical office building on February 24th. The building, which is expected to be complete in August of 2017, will […]
News Release: Piedmont to Operate Retail Clinics in Walgreens Stores in Atlanta Area
Clinical agreement also aimed at helping to improve care coordination and access across 27 retail clinic locations DEERFIELD, Ill. & ATLANTA – Feb. 22, 2017 – Walgreens and Piedmont Healthcare today announced that Piedmont Healthcare will operate and provide all clinical services at 27 retail health clinics located within Walgreens stores across the Atlanta […]
News Release: Crossroads Partners Awarded Management of Brand New 30,000 Square Foot Medical Office Building
Crossroads Partners added ten properties to its managed portfolio last year for a net increase of 800,000 square feet under management, a nearly 25% increase over 2015. Its brokerage division also experienced exceptional growth ending 2016 with over 1.34 million square feet represented for sale and lease, making Crossroads Partners one of the fastest growing […]