Its coffers bulging despite the recession, Northwestern Memorial Hospital is gearing up for more expansion.
Sources tell Crain’s that two major projects are in the works at the sprawling medical campus in Streeterville: a large biomedical research facility for Northwestern University’s medical school and a medical office tower for doctors who practice at the hospital.
The moves [...]
Indianapolis-based Duke Realty Corp. has been chosen to develop a $154-million outpatient cancer treatment center in Dallas.
Duke and Northwestern Mutual will own the 460,000-square-foot, 10-story project at Baylor University Medical Center. The facility will include clinical and physician space, oncology-research facilities, conference areas and 250 underground parking spaces.
Duke began a lucrative relationship with Baylor in [...]
About 40 miles west of Fontana in Pasadena, San Diego-based healthcare real estate developer Pacific Medical Buildings is getting ready to open a new medical office building (MOB) on the campus of Huntington Memorial Hospital.
Huntington is building an additional 190,000 square feet in medical office and outpatient services space for a women’s center, full-service oncology, [...]
Last month, Pipeline reported the opening of Kaiser Permanente’s new $600 million hospital next to its existing flagship Los Angeles Medical Center, which has served the region for more than 50 years. Kaiser now is beginning construction on a new hospital, central plant and support building for its medical center in Fontana, CA.
The modernized hospital [...]
By STEVE BROWN / The Dallas Morning News
stevebrown@dallasnews.com
Dallas developer KDC said Tuesday that it’s formed a new division to build and invest in medical properties.
KDC – formerly Koll Development – will work with hospitals and physicians to develop and invest in medical buildings all across the country.
“We determined that one of the strongest growth opportunities [...]
(RTTNews) - Real estate investment trust Nationwide Health Properties, Inc. (NHP: News ) on Thursday [...]
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By Bob Howard
LONG BEACH, CA-HCP, a health care properties REIT that successfully raised additional funds last year by issuing new stock, has completed a $440-million public offering of 20.7 million shares of common stock at a price of $21.25 per share. HCP had said previously that it hoped to raise a minimum of nearly $383 [...]
Universal Health Realty Income Trust (UHT) filed Quarterly Report for the period ended 2009-03-31.
Universal Health Realty Income Trust a real estate investment trust invests in healthcare and human service-related facilitiesincluding acute care hospitals behavioral healthcare facilities rehabilitation hospitals sub-acute care facilities surgery centerschildcare centers and medical office buildings.(PR) Universal Health Realty Income Trust has [...]
Health care real estate investment trust Ventas Inc. experienced a 4.6 percent first-quarter increase in normalized funds from operations.
Chicago-based Ventas (NYSE: VTR) said normalized funds from operations — a standard measure of profitability for REITs — increased to $95.7 million, or 67 cents per share, from $91.5 million, also 67 cents per share, on fewer [...]
Construction on the new wing at the Beth Israel Deaconess Hospital-Needham is in the final stages. When completed, the 37,000 square foot addition will feature a new emergency room, main entrance, magnetic resonance imaging suite and 20 additional private inpatient rooms. The $30 million addition is scheduled to open October 3, 2009.
Boston.com/needham recently reported that [...]
