Healthcare Real Estate

Unlike many retailers, healthcare groups are likely to have deep pockets, and can afford to renovate and upgrade vacant big box stores.

The Daymark Living community currently underway will ultimately provide an environment to promote greater independence and a better quality of life for adults with intellectual and developmental delays.

McCarthy is building a new imaging room and operating rooms, an emergency department to replace the emergency room and renovating about 10 blocks of utilities on the Christus Spohn Hospital campus.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

Declining reimbursements, lower market share and keeping up with physician recruitment are among the top challenges healthcare professionals face today that are informing their real estate decisions, Meridian's Andy Hoover tells GlobeSt.com.

The new building—Corporate Commons Three at the Teleport—will complement the Nicotra Group-owned existing fully-leased Corporate Commons One (120,000 square feet) and Corporate Commons Two (180,000 square feet) properties at the campus.

If the legislation changes, the demand for urgent care centers, which are now leasing retail spaces, could subside as a result.

Comprising a $700-million sale-leaseback and a $700-million mortgage investment, the completion of the deal with Medical Properties Trust coincides with Steward Health Care's merger with IASIS.