Post-Acute & Senior Living: More Post-Acute & Senior Living Project News
■ Birmingham, Ala.-based developer Dominion Partners recently started construction on the
Editor’s Letter: Optimism reigns in HRE
HREI editorial board members foresee a strong ‘15 Dear Reader: The members of the Healthcare Real Estate Insights™ Editorial Advisory Board have been quite optimistic about the healthcare real estate (HRE) sector heading into each of the past three years now. And we’re happy to report that they have been right on with their predictions. […]
Companies & People: Cain advises system on monetization
Investment bank handles sale and partial leaseback for Good Shepherd in Texas By Erin E. Porter Hospital-driven monetizations have been few and far between in recent years. But at least one recent transaction shows that the strategy of selling and leasing back non-core assets is still a viable option for some providers. New York-based Cain […]
Companies & People: No HRE slowdown yet, says attorney
HREI™ recently caught up with a very busy Steven Kaye of Arnall Golden Gregory By Erin E. Porter Whenever big deals, or small ones for that matter, take place in any industry, including healthcare real estate (HRE), there’s a period of time before the closing can take place for the dotting of the “I’s” and […]
Companies & People: Skanska USA adds to list of healthcare projects with hospital expansion in Texas
CENTRAL TEXAS – Skanska USA will act as lead on the construction of a 236,800 square foot expansion of a hospital in Central Texas for an unnamed U.S. healthcare provider. The expected contract value of completing the project is
Industry Pulse: Top Executives, Projects Honored With Awards
The winners of the second annual HREI™ Insights Awards™ were announced Dec. 16. The nine awards honored excellence in healthcare real estate (HRE) development and executive leadership. This time the winners were: ■ Best New Medical Office Building (MOB, less than 25,000 square feet): Davis Moore Capital, Duke Medicine at Meadowmont, Chapel Hill, N.C.; […]
Industry Pulse: Big Hospital Projects Just Keep On Coming
The 10 largest new hospitals show demand is alive and well. Perhaps the reports about the death of the nation’s inpatient hospitals were a bit exaggerated, or premature – to use and tweak a famous quote from Mark Twain. For several years, many of those involved in healthcare and healthcare real estate (HRE) have been […]
Industry Pulse: HRE Execs See Another Good Year Ahead, Unless…
Unforeseen domestic or foreign events are among the few concerns of sector experts. Like most of the other Healthcare Real Estate Insights™ Editorial Advisory Board members, Mindy Berman and Chris Bodnar say they believe that 2015 will be a good year, barring any unforeseen events that could disrupt the domestic economy, or further dampen economies […]
Industry Pulse: On the Record – Ross Caulum
Why are retailers, tech firms and others jumping into healthcare? “Shame on us, the health systems, for not fulfilling all of the needs of the country’s healthcare consumers. Had we not taken our eyes off the ball, this might not have happened.” Ross Caulum, Senior Director of Corporate Real Estate, Scripps Health
Feature Story: Six significant subjects
A half-dozen of the most talked about topics from HRE conferences By John B. Mugford With the recent proliferation of healthcare real estate (HRE) conferences, professionals in the sector find themselves gathering quite a number of times in cities near and far to listen to panelists, often composed of some of the best-known executives in […]
Industry Pulse: On the Record – Tony Helton
Why would/should a health system sell real estate? “I still believe that it would make more sense for the lower-rated health systems than it would for us to sell properties … as a way to increase their liquidity and make a case for a better credit rating.” Tony Helton, administrator, Division of Finance, Cleveland Clinic
Transactions: Another record year
Annual MOB sales volume topped $8 billion for the first time in 2014 By John B. Mugford Back in February 2013, we at Healthcare Real Estate Insights™ published an article declaring that 2012 was the best year on record for medical office building (MOB) sales, as total volume topped $6 billion. As always, we used […]
Editor’s Letter: Sunny forecast for HRE
Industry experts predict good things for 2015 and beyond Dear Reader: Recently, I have become infatuated with “word clouds” – images composed of words, in which the size of each word indicates its frequency or importance. Word clouds are a brilliant way to instantly and visually convey the essence of a particular piece of writing. […]
Economics: An eye on the economy
Real estate is notoriously cyclical, but this time might be different. Really. By Murray W. Wolf The past two years were good ones for commercial real estate (CRE) in general and healthcare real estate (HRE) in particular, even as the broader U.S. economy struggled to recover from the Great Recession. Now, paradoxically, as the economy […]
Cover Story: Demand to continue well into 2015
While healthcare real estate executives have a few concerns, most seem to agree that the HRE sector continues to look strong By John B. Mugford The year 2014 in healthcare real estate (HRE) is likely to go down as the best in history, the culmination of a three-year run in which the annual volume for […]