On the Record: Why is there growing demand for outpatient medical facilities?
“As healthcare systems focus on their clinical and operational strategy, they are challenged with how to use and leverage real estate to be more effective… Healthcare systems are shifting care to the lowest-cost setting. This is generating greater demand for clinical space in outpatient and retail settings. These trends are already affecting real estate strategy […]
REIT Report: SNH picking up massive portfolios
Senior Housing Properties Trust paying $1.3 billion for senior assets and MOBs By John B. Mugford In separate deals, Newton, Mass.-based Senior Housing Properties Trust (NYSE: SNH), which already had a portfolio of 370 healthcare properties, recently spent, or entered agreements to spend, more than $1.38 billion on portfolios of seniors housing communities and medical […]
Industry Pulse: RISING MEDICAL SCHOOL NUMBERS COULD BE A BOON
Record medical school numbers could be a boon for the healthcare industry – and HRE. There is good news coming from the nation’s medical schools, where first-year enrollments and the number of graduates are hitting all-time highs.
Industry Pulse: COLLIERS POSITIVE ON MED OFFICE MARKET
New report sees “resurgence” of U.S. medical office market The U.S. medical office market landscape is positive for both owners and occupiers who heed the trends and are willing to commit to the market, according to the “Medical Office Outlook 2015 Highlights” from Colliers International. Some of the key takeaways include:
Post-Acute & Senior Living: Four memory care facilities planned
High demand allows MedProperties Holdings and LaSalle Group to move quickly By John B. Mugford With memory care services experiencing booming demand throughout the country, some real estate firms and investors are moving into the space with new projects. One such partnership involves
Post-Acute & Senior Living: HCN lands 10 Benchmark facilities
Public REIT pays $391 million for assisted living portfolio in New England By John B. Mugford There is no doubt that Toledo, Ohio-based Health Care REIT (NYSE: HCN), is bullish on the seniors housing sector, as the publicly traded real estate investment trust (REIT) continues to rack up acquisitions in the space. Validating this notion […]
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