SCOTTSDALE, AZ—Healthcare Real Estate Insights magazine revealed the Winners of the 2016 HREI Insights Awards, the only national awards totally dedicated to recognizing excellence in the areas of healthcare real estate development and executive leadership. The 2016 awards were presented today in nine different categories during the RealShare Healthcare Real Estate Conference in Scottsdale, AZ.

The awards were presented by Healthcare Real Estate Insights. HREI publisher Murray Wolf said that “The HREI Insights Awards have honored the best of the best in healthcare real estate since 2013.Yet we never fail to be astounded by the quality of the people and projects that are nominated. The projects that are submitted demonstrate the remarkable persistence and creativity of the development teams behind them.”

He added that “The development process is complicated and fraught with challenges. Yet, year after year, we receive dozens of entries demonstrating the amazing vision, creativity and hard work of the people in the healthcare real estate sector. The same goes for the individual awards. We are proud that this has become a very prestigious program with sought-after awards.”

2016 HREI Insights Awards winners are as follows:

Best New Medical Office Building and Other Outpatient Facilities (Less than 25,000 square feet):

Five Star ER, Pflugerville, Texas
Developer: Lockard

Lockard Emergency Service Partners had identified an optimal site in Pflugerville, an Austin, Texas, suburb, for its next freestanding emergency room under its Five Star ER brand. However, because the overall development plan had not been finalized, the lot needed for the project could not be sold individually. Lockard stepped in and worked directly with the land developer to finalize the development plan and expedite approval of other aspects of the agreement and process. In doing so, the company avoided costly delays. Construction on the 9,960 square foot facility got underway in March 2015 and was completed in October 2015.

Best New Medical Office Building and Other Outpatient Facilities (25,000 to 49,999 square feet):

Buck Creek Medical Plaza, Avon, Colo.

Developer: NexCore Group LLC

Colorado Mountain Medical needed to expand its service offerings in a new, centralized location with more parking. In a market with few buildable lots, NexCore found a 2.15-acre site in Avon that fit the bill. But there were challenges to overcome, and NexCore eventually acquired an adjacent lot and swapped parcels with the local fire district. Fast-tracking the project, NexCore opened the 48,300 square foot Buck Creek Medical Plaza in summer 2016. The company recruited Centennial, Colo.-based Centura Health as the emergency care anchor as well as a vibrant mix of providers to bring occupancy to 94 percent at the opening.

Best New Medical Office Building and Other Outpatient Facilities (50,000 to 99,999 square feet):

Penn Medicine Southern Chester County, West Grove, Penn.

Developer: Anchor Health Properties

Chester County Hospital wanted to grow its market share in the southernmost portion of its service area in Chester County and to position itself to deliver needed services well into the future. So the hospital sought to consolidate and expand services in a comprehensive new facility. Anchor Health Properties identified and then controlled a strategic, highly visible site and developed a 72,000 square foot “one-stop” healthcare destination. The MOB was fully occupied when it opened in summer 2015. Penn Medicine exceeded patient volume projections by 20% in Year 1 and increased outpatient registrations by 40%.

Best New Medical Office Building and Other Outpatient Facilities (100,000 square feet or more):

Hoag Health Center-Irvine-Sand Canyon, Irvine, Calif.

Developer: PMB

The Hoag Memorial system wanted to develop an outpatient facility adjacent to its Hoag Hospital Irvine to meet the healthcare needs of the rapidly growing area. The development team faced numerous challenges, including high voltage overhead power lines and underground issues, plus they wanted to link the MOB to the hospital with fiber-optic cable installed under a busy six-lane road. The team was able to deliver the 157,200 square foot facility below budget and on schedule. The facility was fully leased upon opening and is expected to achieve LEED Silver designation.

Best Renovated or Repurposed Healthcare Facility:

Clara Maass Medical Center MOBs, Belleville, N.J.

Developer: Rendina Healthcare Real Estate

Clara Maass Medical Center (CMMC) needed to significantly improve the condition of three MOBs on its campus and enhance the satisfaction of the tenant physicians. Rendina acquired the three buildings totaling 128,006 square feet and completely modernized and renovated all common areas. They also added new building systems, signage, wayfinding, artwork, furniture and handicap parking improvements. Since Rendina took ownership, occupancy has increased nearly 10 percent, many physician groups have shifted from short-term commitments to long-term leases, and overall satisfaction has increased 7%.

Hospitals and Other Inpatient Facilities – Best New Ground-Up Development:

TriHealth Bethesda Butler Hospital, Hamilton, Ohio

Developer: Duke Realty

TriHealth wanted to enter a Cincinnati sub-market and employ a physician practice that owned a six-building hospital campus. TriHealth needed to immediately add an ED and lab and in the future additional beds to accommodate its growing patient base. The development team orchestrated a four-phase expansion to minimize disruptions to the hospital's daily operations. The expanded 90,788 square foot facility has enabled TriHealth to add more services, physicians and staff; treat more patients; and have room for future growth. It's also helping it be more competitive in the Cincinnati market and serve as a convenient, full-service campus.

Post-Acute & Senior Living Facilities – Best New Ground-Up Development:

Beach House Assisted Living and Memory Care, Naples, Fla.

Developer: Prevarian Companies LP

It has taken more than a decade for the site at 1000 Airport Pulling Road S. in Naples to finally be developed after years of delays caused by a long entitlement process and the recession. Making the project a reality was Prevarian, which started pursuing a development on the site just two years prior to opening the 113-unit Beach House Assisted Living and Memory Care community. The company had to make sure the design conformed to a previously approved footprint and site plan, and it received permits within four months of securing the land. Beach House is close to a shopping district and a community hospital.

Healthcare Real Estate Executive of the Year:

Jason Signor, Caddis

Under Jason Signor's leadership, Caddis has grown from seven employees to 47 and become an industry-leading, full-service developer, owner and property manager of MOBs, ASCs, hospitals and, under its Heartis brand, senior living communities. With offices in Dallas, Atlanta, Houston and Phoenix, the firm has developed and/or acquired more than 40 assets with a total value of more than $700 million spanning 2.7 million square feet of space and 1,500 beds. Caddis has deployed $150 million of equity and manages about 3 million square feet in seven states. During his time with Caddis, Mr. Signor also has spurred the creation of a proprietary, GIS mapping interface used for identifying market opportunities and allowing clients to make informed, evidence-based site selection decisions.

Lifetime Achievement Award:

Tim Oliver, NexCore Group LLC

Tim Oliver's legacy includes being involved in the development and consulting engagements for more than 90 facilities totaling 5 million square feet in the past 40-plus years. Mr. Oliver has focused exclusively on medical real estate since 1974 and has cofounded several firms.

Tim Oliver and John McWilliams were involved in the formation of Western Skies (WSI) in 1970, and led the company's development of its first on-campus MOB in 1975. At the time, the concept of on-campus medical office buildings was in its infancy. WSI developed the second on-campus MOB in the Rocky Mountain region for Mercy Hospital. Over the next 16 years, WSI developed 1.5 million square feet of ambulatory facilities and managed over 1 million square feet of healthcare properties.

In 1986, Tim was one of the original founders of Integrated Medical Campus, providing strategic planning/development services for over 50 medical projects. In 1987, IMC developed one of the nation's first “medical mall” or “hospital without beds” projects that featured a freestanding emergency department, ambulatory surgery center, imaging, physical therapy and medical offices.

In 2004, Mr. Oliver joined five other founders from The Neenan Company to form the Denver-based NexCore Group. To date, NexCore Group has developed and acquired 6.5 million square feet of real estate, executed leases totaling 3.5 million square feet, and now has 65 employees in seven offices across the United States.

Today, Mr. Oliver is actively training the next generation of strategic-thinking development executives at NexCore Group. He has been a thought leader at NexCore, responsible for understanding the legislative and economic environment, best practices in the delivery of care, and population health management/wellness initiatives that affect the development of healthcare real estate. His strategic thinking continues to provide top-of-class service to NexCore's national healthcare clients.

SCOTTSDALE, AZ—Healthcare Real Estate Insights magazine revealed the Winners of the 2016 HREI Insights Awards, the only national awards totally dedicated to recognizing excellence in the areas of healthcare real estate development and executive leadership. The 2016 awards were presented today in nine different categories during the RealShare Healthcare Real Estate Conference in Scottsdale, AZ.

The awards were presented by Healthcare Real Estate Insights. HREI publisher Murray Wolf said that “The HREI Insights Awards have honored the best of the best in healthcare real estate since 2013.Yet we never fail to be astounded by the quality of the people and projects that are nominated. The projects that are submitted demonstrate the remarkable persistence and creativity of the development teams behind them.”

He added that “The development process is complicated and fraught with challenges. Yet, year after year, we receive dozens of entries demonstrating the amazing vision, creativity and hard work of the people in the healthcare real estate sector. The same goes for the individual awards. We are proud that this has become a very prestigious program with sought-after awards.”

2016 HREI Insights Awards winners are as follows:

Best New Medical Office Building and Other Outpatient Facilities (Less than 25,000 square feet):

Five Star ER, Pflugerville, Texas
Developer: Lockard

Lockard Emergency Service Partners had identified an optimal site in Pflugerville, an Austin, Texas, suburb, for its next freestanding emergency room under its Five Star ER brand. However, because the overall development plan had not been finalized, the lot needed for the project could not be sold individually. Lockard stepped in and worked directly with the land developer to finalize the development plan and expedite approval of other aspects of the agreement and process. In doing so, the company avoided costly delays. Construction on the 9,960 square foot facility got underway in March 2015 and was completed in October 2015.

Best New Medical Office Building and Other Outpatient Facilities (25,000 to 49,999 square feet):

Buck Creek Medical Plaza, Avon, Colo.

Developer: NexCore Group LLC

Colorado Mountain Medical needed to expand its service offerings in a new, centralized location with more parking. In a market with few buildable lots, NexCore found a 2.15-acre site in Avon that fit the bill. But there were challenges to overcome, and NexCore eventually acquired an adjacent lot and swapped parcels with the local fire district. Fast-tracking the project, NexCore opened the 48,300 square foot Buck Creek Medical Plaza in summer 2016. The company recruited Centennial, Colo.-based Centura Health as the emergency care anchor as well as a vibrant mix of providers to bring occupancy to 94 percent at the opening.

Best New Medical Office Building and Other Outpatient Facilities (50,000 to 99,999 square feet):

Penn Medicine Southern Chester County, West Grove, Penn.

Developer: Anchor Health Properties

Chester County Hospital wanted to grow its market share in the southernmost portion of its service area in Chester County and to position itself to deliver needed services well into the future. So the hospital sought to consolidate and expand services in a comprehensive new facility. Anchor Health Properties identified and then controlled a strategic, highly visible site and developed a 72,000 square foot “one-stop” healthcare destination. The MOB was fully occupied when it opened in summer 2015. Penn Medicine exceeded patient volume projections by 20% in Year 1 and increased outpatient registrations by 40%.

Best New Medical Office Building and Other Outpatient Facilities (100,000 square feet or more):

Hoag Health Center-Irvine-Sand Canyon, Irvine, Calif.

Developer: PMB

The Hoag Memorial system wanted to develop an outpatient facility adjacent to its Hoag Hospital Irvine to meet the healthcare needs of the rapidly growing area. The development team faced numerous challenges, including high voltage overhead power lines and underground issues, plus they wanted to link the MOB to the hospital with fiber-optic cable installed under a busy six-lane road. The team was able to deliver the 157,200 square foot facility below budget and on schedule. The facility was fully leased upon opening and is expected to achieve LEED Silver designation.

Best Renovated or Repurposed Healthcare Facility:

Clara Maass Medical Center MOBs, Belleville, N.J.

Developer: Rendina Healthcare Real Estate

Clara Maass Medical Center (CMMC) needed to significantly improve the condition of three MOBs on its campus and enhance the satisfaction of the tenant physicians. Rendina acquired the three buildings totaling 128,006 square feet and completely modernized and renovated all common areas. They also added new building systems, signage, wayfinding, artwork, furniture and handicap parking improvements. Since Rendina took ownership, occupancy has increased nearly 10 percent, many physician groups have shifted from short-term commitments to long-term leases, and overall satisfaction has increased 7%.

Hospitals and Other Inpatient Facilities – Best New Ground-Up Development:

TriHealth Bethesda Butler Hospital, Hamilton, Ohio

Developer: Duke Realty

TriHealth wanted to enter a Cincinnati sub-market and employ a physician practice that owned a six-building hospital campus. TriHealth needed to immediately add an ED and lab and in the future additional beds to accommodate its growing patient base. The development team orchestrated a four-phase expansion to minimize disruptions to the hospital's daily operations. The expanded 90,788 square foot facility has enabled TriHealth to add more services, physicians and staff; treat more patients; and have room for future growth. It's also helping it be more competitive in the Cincinnati market and serve as a convenient, full-service campus.

Post-Acute & Senior Living Facilities – Best New Ground-Up Development:

Beach House Assisted Living and Memory Care, Naples, Fla.

Developer: Prevarian Companies LP

It has taken more than a decade for the site at 1000 Airport Pulling Road S. in Naples to finally be developed after years of delays caused by a long entitlement process and the recession. Making the project a reality was Prevarian, which started pursuing a development on the site just two years prior to opening the 113-unit Beach House Assisted Living and Memory Care community. The company had to make sure the design conformed to a previously approved footprint and site plan, and it received permits within four months of securing the land. Beach House is close to a shopping district and a community hospital.

Healthcare Real Estate Executive of the Year:

Jason Signor, Caddis

Under Jason Signor's leadership, Caddis has grown from seven employees to 47 and become an industry-leading, full-service developer, owner and property manager of MOBs, ASCs, hospitals and, under its Heartis brand, senior living communities. With offices in Dallas, Atlanta, Houston and Phoenix, the firm has developed and/or acquired more than 40 assets with a total value of more than $700 million spanning 2.7 million square feet of space and 1,500 beds. Caddis has deployed $150 million of equity and manages about 3 million square feet in seven states. During his time with Caddis, Mr. Signor also has spurred the creation of a proprietary, GIS mapping interface used for identifying market opportunities and allowing clients to make informed, evidence-based site selection decisions.

Lifetime Achievement Award:

Tim Oliver, NexCore Group LLC

Tim Oliver's legacy includes being involved in the development and consulting engagements for more than 90 facilities totaling 5 million square feet in the past 40-plus years. Mr. Oliver has focused exclusively on medical real estate since 1974 and has cofounded several firms.

Tim Oliver and John McWilliams were involved in the formation of Western Skies (WSI) in 1970, and led the company's development of its first on-campus MOB in 1975. At the time, the concept of on-campus medical office buildings was in its infancy. WSI developed the second on-campus MOB in the Rocky Mountain region for Mercy Hospital. Over the next 16 years, WSI developed 1.5 million square feet of ambulatory facilities and managed over 1 million square feet of healthcare properties.

In 1986, Tim was one of the original founders of Integrated Medical Campus, providing strategic planning/development services for over 50 medical projects. In 1987, IMC developed one of the nation's first “medical mall” or “hospital without beds” projects that featured a freestanding emergency department, ambulatory surgery center, imaging, physical therapy and medical offices.

In 2004, Mr. Oliver joined five other founders from The Neenan Company to form the Denver-based NexCore Group. To date, NexCore Group has developed and acquired 6.5 million square feet of real estate, executed leases totaling 3.5 million square feet, and now has 65 employees in seven offices across the United States.

Today, Mr. Oliver is actively training the next generation of strategic-thinking development executives at NexCore Group. He has been a thought leader at NexCore, responsible for understanding the legislative and economic environment, best practices in the delivery of care, and population health management/wellness initiatives that affect the development of healthcare real estate. His strategic thinking continues to provide top-of-class service to NexCore's national healthcare clients.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.

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