Inpatient Projects: Hospital set for College Station, Texas
SCOTT & WHITE BUYS LAND, PLANS $165M FACILITY THAT WOULD OPEN IN 2013 By John Mugford The land is secure, plans are finalized and now construction can begin on the future five-story, 320,000 square foot Scott & White Hospital College Station, Texas. Temple, Texas-based Scott & White Healthcare recently acquired a 98-acre site on the […]
Sabra Health Care REIT to Present at Stifel Nicolaus Conference
Sabra Health Care REIT, Inc. to Present at the 2011 Stifel Nicolaus Senior Housing & Healthcare Real Estate Conference IRVINE, Calif., Jan. 7, 2011 (GLOBE NEWSWIRE) — Sabra Health Care REIT, Inc. (Nasdaq:SBRA) announced today that Richard K. Matros, the company’s Chief Executive Officer, will present at the 2011 Stifel Nicolaus Senior Housing and Healthcare Real Estate […]
Transactions: New portfolio hits market for new year
SEVEN PROPERTIES ARE LOCATED IN FOUR STATES, INCLUDING THE EAST COAST By John Mugford There are eager buyers are out there, well-capitalized and hungry to gobble up healthcare real estate. The only problem, of course, is that there just never seems to be enough product available to satisfy the appetites of those potential buyers, according […]
Transactions: HTA closes year by buying med park
$28.2 MILLION PURCHASE IN N.C. PUSHED REIT OVER $800 MILLION MARK FOR 2010 By John Mugford Heading into the fourth quarter (Q4) of 2010, Scottsdale, Ariz.-based Healthcare Trust of America Inc. (HTA) was certainly one of most active buyers of healthcare real estate and medical office buildings in the country, investing about $343 million in […]
Duke Realty to expand Cincinnati West Side medical campus
Duke Realty to expand Cincinnati West Side medical campus anchored by Good Samaritan Medical Center – Western Ridge Good Samaritan Medical Center – Western Ridge opened August of this year, and Duke Realty is now moving forward with plans for a new building and new tenant on Cincinnati’s West Side medical campus CINCINNATI and INDIANAPOLIS, […]
KMD Architects converts retail space into healthcare center
KMD Architects Designs The Chaum Center in Seoul, KoreaWhere Luxury Meets Healthcare for the Ultimate Personalized Medical ExperienceSan Francisco, Calif. – January 5, 2010 — KMD Architects, known for its work in both healthcare and hospitality design, merged these two areas of expertise when it transformed 400,000 square feet of existing retail space in Seoul, […]
Jones Lang LaSalle and Beaumont Hospital Form Partnership
Jones Lang LaSalle and Beaumont Hospital Form Partnership to Service 8.5 Million-Square-Foot Health Care Facility and Real Estate Portfolio Partnership to create new industry-leading standard CHICAGO and DETROIT, Jan. 5, 2011 —Jones Lang LaSalle today announced the formation of a new integrated services partnership with Beaumont Hospitals to create a new standard in health care […]
HRE Capital handles Florida Orthopedic Institute sale/leaseback
HRE Capital is pleased to announce the completion of the following transaction Transaction Overview Healthcare Real Estate Capital LLC (“HRE Capital”) was selected as the exclusive financial advisor to the Florida Orthopedic Institute (“FOI” or “Practice”) related to the disposition of a 16,600 square foot ambulatory surgery center (“ASC”) located in Tampa, Florida. The ASC, […]
Special Report: Role of MOBs will expand
THEY OFFER MANY BENEFITS, CAIN’S MOLONEY SAYS By Murray W. Wolf The changing healthcare industry will amplify the strategic importance of off-campus medical office buildings (MOBs), but the real estate models will change. That’s according to James M. “Jim” Moloney, who delivered the opening keynote address at the recent RealShare Medical Office Buildings conference in […]
HTA acquires North Carolina MOB
Healthcare Trust of America, Inc. Acquires an Approximately 153,000 Square Foot Medical Office Park in Cary, North Carolina SCOTTSDALE, Ariz., Jan. 3, 2011 /PRNewswire/ — Healthcare Trust of America, Inc. (“HTA”), a self-managed, non-traded, real estate investment trust, announced the completed acquisition of a medical office park in Cary, North Carolina for approximately $28,200,000. The […]
News & Analysis: Big REIT makes big buy
HR ACQUIRES BAYLOR FACILITY IN FRISCO, TWO MOBs By John Mugford Nashville, Tenn.-based Healthcare Realty Trust (NYSE: HR) closed out 2010 with a big acquisition in Texas. The large healthcare real estate investment trust (REIT) acquired the campus of Baylor Medical Center at Frisco, which is comprised of a 68-bed acute care hospital and two […]
Industry Pulse: January 2013
BEVERLY HILLS, Calif. – On Rodeo Drive in Beverly Hills, a shopper can find a pair of jeans – diamond studded, of course – for a cool $4,000. There’s no doubt things can get expensive in the posh, star-inhabited suburb of Los Angeles. That includes rentable medical office building (MOB) space and the MOBs themselves, […]
Ventas subsidiary Lillibridge acquires ThedaCare portfolio
Ventas Acquires Medical Office Building Portfolio Totaling 225,000 Square Feet Transaction Represents Ventas’s First Medical Office Acquisition Under New Lillibridge Platform CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas”) said today that its wholly owned subsidiary, Lillibridge Healthcare Services, Inc. (“Lillibridge”), has acquired a portfolio of five class “A” medical office buildings totaling 225,000 square feet on […]
Publisher’s Letter: How to reform
SEVERAL PROVISIONS NEED MAJOR REVISIONS By Murray W. Wolf Dear Reader: Last month, I said that the Patient Protection and Affordable Care Act should be repealed. My position stands. But even if repeal doesn’t happen, then most of the individual provisions of healthcare reform should be repealed or de-funded. Here is where I’d start: Get […]
People: Dev Gregg joins HREI™ editorial board
COGDELL SPENCER EXECUTIVE ADDS ANOTHER REIT VOICE TO ADVISORY GROUP By Murray W. Wolf Devereaux A. “Dev” Gregg, Senior VP – Development for Cogdell Spencer Erdman, has been selected to join the Healthcare Real Estate Insights™ Editorial Advisory Board. “We have several other board members who are executives with healthcare real estate investment trusts (REITs),” […]