Outpatient Projects: Rendina starts cancer center in Va.
FIRM’S EXECUTIVES SAY PERSONAL EXPERIENCES MAKE THIS PROJECT SPECIAL By John Mugford A $10 million cancer center being developed by Jupiter, Fla.-based Rendina Cos. is under way on the campus of Southside Regional
Transactions: ARC Healthcare gets MOB in Michigan
UNLISTED REIT PAYS $30.43 MILLION FOR OFF-CAMPUS PROPERTY IN PAW PAW By John Mugford In today’s medical office building (MOB) transaction arena, aggressive pricing is the norm when it comes to the sales of high-quality facilities with strong lease terms and tenants with good, perhaps hospital, credit. In fact, professionals involved in healthcare real estate […]
Transactions: Archway Holdings buys Arizona MOB for $20 million
By John Mugford GLENDALE, Ariz. – Nearly everyone involved in healthcare real estate is talking about the onslaught of new buyers, or interested buyers, that are combing the market for well-leased MOBs with strongly credited tenants these days. One of the relatively new, active investors certainly looks to be Beverly Hills, Calif.-based Archway Holdings Corp., […]
Transactions: Griffin-American pays $51M for MOBs
BUILDINGS LOCATED IN KNOXVILLE, ON CAMPUS OF FUTURE PROTON FACILITY By John Mugford Prolific healthcare real estate investor Griffin-American Healthcare REIT II Inc., an unlisted real estate investment trust (REIT), recently acquired two medical office buildings (MOBs) on the campus of a future proton beam therapy facility in Knoxville, Tenn. The Newport Beach, Calif.-based REIT, […]
News & Analysis: HCP making $179M buy
REIT ACQUIRING 12 PROPERTIES FROM THE BOYER CO. By John Mugford For a while, Long Beach, Calif.-based HCP Inc. (NYSE: HCP) was not making many headlines when it came to acquiring medical office buildings (MOBs). The publicly traded real estate investment trust (REIT) has quite a diverse, $19 billion portfolio that spans 46 states and […]
Transactions: Details dribbling out on HCN MOB buy
HEALTH CARE REIT BOUGHT A DOZEN MOBs FROM A PAIR OF TEXAS DEVELOPERS By John Mugford and Murray W. Wolf This could be the best-kept secret in healthcare real estate – or at least it was. In what might end up going down as one of the larger transactions of 2012, Toledo, Ohio-based Health Care […]
Provider Perspective: Resuscitating real estate
EXECS TALK OF TRENDS AFFECTING SYSTEMS By John Mugford Buzzwords abound in every industry, creating a notion that if one can simply stay on top of the latest trends and implement the newest innovations, success is likely to follow. In the healthcare real estate development sector, current buzzwords have to do with “repurposing” other property […]
Market Focus: Retail sites sizzling in the Twin Cities
PROVIDERS SEEM SOLD ON REDEVELOPED AND REPURPOSED STORE LOCATIONS By Murray W. Wolf and John B. Mugford Call it the MOB at the MOA. A major medical office building (MOB) has been proposed as part of a planned expansion of the 4.2 million square foot Mall of America (MOA) in the Minneapolis suburb of Bloomington, […]
Market Focus: Twin Cities: the future of healthcare?
‘NEW’ CARE MODELS ARE FAMILIAR TO MINNEAPOLIS-ST.PAUL REAL ESTATE PROS By Murray W. Wolf If you want to get a feel for the future of healthcare and healthcare real estate, you might want to take a look at Minnesota. Hot topics on the national healthcare scene – increased regulatory control, hospital-physician integration, employed physicians and […]
Transactions: REIT, new to space, buys MOBs in N.C.
HIGHWOODS PROPERTIES BUYS THREE BUILDINGS IN GREENSBORO FOR $29.68M By John Mugford In a further indication that investor demand for healthcare real estate is coming from a variety of sources – including buyers not previously heavily involved in the space – a name that is unfamiliar in healthcare real estate circles recently landed a portfolio […]
Q & A: Making a mark at RJ|MK
WONG-HAMMOND GIVES INSIGHTS INTO HER NEW ROLE By John Mugford It’s been nine months or so since Laca Wong-Hammond was named the head of healthcare real estate at what is now Raymond James | Morgan Keegan, the large investment banking, brokerage and financial services firm. In this rather short timeframe, Ms. Wong-Hammond has certainly put […]
Transactions: ARC buys MOBs from Dallas developer
SELLER IS CADDIS PARTERS; FACILITIES ARE IN ARLINGTON, SUNNYVALE, TEXAS By John Mugford Even though health systems have not been selling medical office buildings (MOBs) with much frequency in recent years, MOBs remain on the radar screens of many real estate investors. Because of this and as a result of compressed capitalization rates for such […]
Product Focus: Topping $1 billion in Q1
MOB SALES GOT OFF TO A GOOD START IN 2012 By John Mugford Even with all of the uncertainty that had been looming over the U.S. Supreme Court’s decision upholding the constitutionality of the healthcare reform law, one thing remained certain during the first quarter (Q1) of 2012: Buyers were interested in healthcare real estate. […]
Inpatient Projects: Work started on $284M Sutter hospital
SANTA ROSA, CALIF., REPLACEMENT FACILITY WILL REPLACE A 1983 STRUCTURE By John Mugford These days, when new hospitals are planned and built they are quite often replacements for aging and inefficient facilities with too many beds. Today’s hospitals are typically smaller, sleeker, packed with the latest in medical and monitoring technology, and more user-friendly amenities […]
Transactions: Sentio, Caddis, docs buy MOB in Texas
JV PAYS $11.5 MILLION FOR 114,583 SQ. FT. PHYSICIANS CENTRE IN BRYANT, TEXAS By John Mugford A joint venture partnership of Orlando, Fla.-based Sentio Healthcare Properties Inc., Dallas-based Caddis Partners and a group of physicians in recent weeks acquired a 114,583 square foot MOB in Bryan, Texas, about 95 miles northwest of Houston. The city […]
