Feature Story: Systems need help, advice with their R.E. strategy
Panelists at Colliers Healthcare conference outline what they want from HRE firms CHICAGO — When health system executives talk, healthcare real estate (HRE) professionals typically sit up and listen. After all, the needs of the country’s hospitals and health systems are what continue to drive HRE facility development, acquisitions, property management and other services such […]
News Release: CBRE Promotes Sabrina Solomiany to Lead Debt and Structured Finance for Healthcare Capital Markets
CAPITAL MARKETS ATLANTA – September 17, 2019 – CBRE announced today the promotion of Sabrina Solomiany to first vice president of national Healthcare Capital Markets. Based in Atlanta, GA, Ms. Solomiany will continue to work with Chris Bodnar and Lee Asher, vice chairmen and co-heads of Healthcare Capital Markets, to focus on debt and structured […]
News Release: Montecito Medical Acquires Medical Office Building in California Bay Area
FOR IMMEDIATE RELEASE September 16th, 2019 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office buildings throughout the U.S., has acquired the Bass Medical Group medical office building in Walnut Creek, California. The office property, which boasts more than 83,000 square feet of space, is 100-percent leased by Bass Medical Group, one of […]
Transactions: Anchor buys three MOBs in booming Huntsville, Ala.
Sources tell HREI that the deal was for about $100 million, or $483 PSF GREATER HUNTSVILLE, Ala. – As Greater Huntsville continues to grow by adding jobs in the defense, auto manufacturing, technology and technology sectors, the demand for healthcare services is booming as well. The economic expansion and growth of the Huntsville metropolitan statistical […]
People: Steve Hewett says experience, focus, hard work and honesty remain the keys to success for The Sanders Trust
Pioneering HRE firm’s EVP and CIO explains how TST has adapted to a changing market By John B. Mugford BIRMINGHAM, Ala. – The current environment for investing in healthcare real estate (HRE) assets, including medical office buildings (MOBs), is not an easy one, especially for firms that have been in the business for a long […]
Entries now open for seventh annual HREI Insights Awards
Healthcare Real Estate Insights™ magazine announces that entries are now open for the Seventh Annual HREI Insights Awards, recognizing excellence in healthcare real estate. Entries are due Monday, Sept. 30, 2019. About the HREI Insights Awards™ The HREI Insights Awards™ were established by Healthcare Real Estate Insights™ magazine in 2013 to recognize excellence in healthcare real […]
News Release: MedProperties Realty Advisors acquires MOB portfolio in West Virginia
The medical office buildings in Vienna, W.Va., and nearby Belpre, Ohio, are subject to long-term leases with West Virginia University Health System VIENNA, W.Va.; BELPRE, Ohio; and DALLAS, July 10, 2019 – MedProperties Realty Advisors LLC announced that it has acquired a 92,212 square foot medical office building (MOB) in Vienna, W.Va., and a two-building […]
News Release: Walgreens seeks to optimize its real estate
National pharmacy/retailer has big plans for delivering healthcare services By John B. Mugford After all, the company, operates a network of 9,653 stores in all 50 states and Washington, D.C., that are primarily focused on its pharmacy business as well as selling healthcare and beauty products. Astonishingly, its network of stores […]
News Release: Coordinated Health Professional Practice Opens Hazleton Medical Office Building
Offering Comprehensive Orthopedic Services, Women’s Health, Primary Care and Walk-in Injury Care July 02, 2019 12:45 PM Eastern Daylight Time ALLENTOWN, Pa.–(BUSINESS WIRE)–Coordinated Health Professional Practice announced the opening of a new state-of-the-art medical office building at 26 Station Circle in Hazle Township. Conveniently located in Humboldt Industrial Park, the new facility features expanded orthopedic services as […]
Feature Story: Urgent care opportunities abound
R.E. strategies for such facilities is no longer an ‘affluent suburban’ or ‘Sunbelt’ play By John B. Mugford Although some suburban markets nationwide have reached a saturation point when it comes to the number of urgent care centers (UCCs), changes in healthcare and payment systems are creating more and more opportunities in new areas throughout […]
Cover Story: Montecito keeps finding MOBs to its liking
From calendars and posters to condo conversions to healthcare real estate, the entrepreneurial Conk clan continues to find success By John B. Mugford The four-year span from 2015-18 can generally be described as a Golden Age for medical office building (MOB) sales, as the product type became a mainstream real estate investment and saw annual […]
Transactions: HTA enters Chicago market
REIT pays $40 million for 8 floors of tower across from Northwestern Memorial By John B. Mugford Aside from Welltower Inc.’s (NYSE: WELL) $1.25 billion purchase of 55 medical office buildings (MOBs) from CNL Healthcare Properties on May 15, there has been a bit of a dearth of large healthcare real estate (HRE) deals in […]
Feature Story: Northwestern Memorial flips the script
Adding healthcare to retail areas is big trend. But what about adding retail to healthcare? By John B. Mugford The “retailization” of healthcare is a well-documented, recent and successful trend in the country’s medical delivery model. But what about the “healthcare-ization” of retail? Northwestern Memorial HealthCare, a 10-hospital system in Greater Chicago, has flipped the […]
Feature Story: Micro-hospitals like high-visibility retail locations
Emerus exec’s motto is ‘See me a thousand times before you need me once’ By John B. Mugford Certainly, in this age of the “retailization” of healthcare delivery, finding convenient, highly visible locations in areas with “good demographics” is as important as ever for those planning new medical facilities. Even so, one professional who has […]
Feature Story: How to land business with health systems
Health system execs talk about what they expect from third-party firms By John B. Mugford MINNEAPOLIS – It is likely that any professional or company involved in healthcare real estate (HRE) has a goal of providing services or capital for, or establishing a client relationship with, strong healthcare systems and providers. One very well-attended panel […]