Industry Pulse (September 2008)
NEW YORK – There seem to be fewer large medical office building (MOB) portfolios on the market these days, the prices of the assets that are available are relatively high, and the challenging capital environment seems to have put a bit of damper on some MOB new developments. So it’s probably not surprising that some […]
Industry Pulse (August 2008)
SEATTLE – Swedish Health Services might be the dominant healthcare provider in the Seattle environs, but four area hospitals are making a legal effort to stop the system from making further inroads in the marketplace. The hospitals have their sights set on overturning a 2007 administrative judge’s ruling that paved the way for Swedish to […]
Editor’s Letter (August 2008)
Deals are slowing, for now BUT HOSPITALS CONTINUE TO BUILD AND EXPAND NATIONWIDE Dear Reader: On the surface, the latest statistics once again show that the volume of medical office building (MOB) sales transactions continues to outperform general office. We write about this in our front page article entitled, “Volume drops for MOBs.” While the […]
Editor’s Letter (July 2008)
Industry leaders on the move MEMBERS OF OUR EDITORIAL BOARD PURSUE NEW VENTURES Dear Reader: A few of the members of our Editorial Advisory Board recently made job changes. This might not seem like big news on the surface, but because the members of our editorial board are indeed among the leaders of the healthcare […]
News and Analysis (July 2008)
Grubb goes to town HEALTHCARE REIT MAKES BUYS FOR $256M By John Mugford Don’t worry about whether Grubb & Ellis Healthcare REIT Inc. can wade through the current commercial lending crunch and slow economy. The Santa Ana, Calif.-based real estate investment trust (REIT) that focuses on healthcare properties went on a bit of a buying […]
Industry Pulse (July 2008)
BULLITT COUNTY, Ky. – A turf war is officially brewing in growing Bullitt County, south of Louisville. Two healthcare systems are now planning to build acute care facilities in the hospital-less county. The latest to announce such plans is Brentwood, Tenn.-based LifePoint Hospitals Inc. (Nasdaq: LPNT), which would like to build a 60-bed hospital. The […]
Companies (July 2008)
Lillibridge MOB in Texas wins international TOBY CHICAGO – In late June, Chicago-based Lillibridge received big news at the BOMA International North American Commercial Real Estate Congress and the Office Building Show in Denver. Seton Northwest Health Plaza in Austin, Texas, was awarded the International TOBY Award (The Office Building of the Year) from BOMA, […]
Companies (July 2008)
Lillibridge MOB in Texas wins international TOBY CHICAGO – In late June, Chicago-based Lillibridge received big news at the BOMA International North American Commercial Real Estate Congress and the Office Building Show in Denver. Seton Northwest Health Plaza in Austin, Texas, was awarded the International TOBY Award (The Office Building of the Year) from BOMA, […]
Transactions (June 2008)
Ohio provider buys MedCath hospital GOOD SAMARITAN PAYS $55 MILLION FOR COMPETITOR, DAYTON HEART HOSPITAL By John Mugford “If you can’t beat ‘em, buy ‘em.” That’s the strategy recently employed by Good Samaritan Hospital in Dayton, Ohio, which in May closed on the acquisition of one of its major cardiovascular competitors. Good Samaritan, a 577-bed […]
Publisher’s Letter (June 2008)
Dear Reader: The National Association of Real Estate Editors (NAREE) – yes, there is such a group – held a conference in Dallas last month, and I had the opportunity to attend. Dollar for dollar, the best presenter was Dr. James P. Gaines, a research economist with the Real Estate Center at Texas A&M University. […]
Industry Pulse (June 2008)
NEWNAN, Ga. – Piedmont Newnan Hospital, about 30 miles southwest of Atlanta, recently received the go ahead from the state for its Certificate of Need (CON) application to build a replacement hospital. The Georgia Department of Community Health in recent weeks approved the $193.7 million proposed project, which would be built on 105 acres near […]
News and Analysis: Tenet Portfolio (May 2008)
Tenet says the time is right JLL IS MARKETING 34 MOBS TOTALING 2.8M S.F. FOR PROVIDER By John Mugford The reasons that Dallas-based Tenet Healthcare Corp.’s (NYSE: THC) is looking to sell a portfolio of medical office buildings (MOBs) comprise the classic definition of a monetization in today’s world of healthcare real estate. For one […]
Industry Pulse (May 2008)
PRINCETON, N.J. – A late-summer groundbreaking is expected for a new, $441 million University Medical Center at Princeton (UMCP), the acute care hospital of Princeton HealthCare System. The replacement hospital is scheduled to open in 2011 in nearby Plainsboro, N.J. The hospital fundraising campaign recently received a major boost in the form of a $25 […]
Editor’s Letter (May 2008)
Dear Reader: If you think this edition of Healthcare Real Estate Insights™ looks a little different, you’re right. This month, we are pleased to unveil some new features and design changes intended to make HREI™ an even more useful tool for healthcare real estate professionals. Healthcare real estate is still a bit of an emerging […]
Editor’s Letter (April 2008)
Dear Reader: I think I can speak for everyone here at Healthcare Real Estate Insights™ in saying that we’re proud of the work we do. And while many or you, our readers, certainly offer us ideas and suggestions for making the newsletter even better – this is certainly advice that we’re open to at any […]