Hospitals Muscle Up on ‘Medical Fitness’
In 2013, after enduring months of rehabilitation to recover from a car accident caused by a drunk driver, Vicki Lynn Younkin, then 53, decided to get physically fit for the first time. “It was something I had always wanted to do, but I guess it took a near-death experience to make it happen,” says the resident of Coventry Township, just …
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Bruce A. Rendina Recognized with Lifetime Achievement Award
Rendina Healthcare Real Estate is proud to announce that Bruce A. Rendina has been posthumously awarded the 2014 HREI Insights Award for Lifetime Achievement. The prestigious award was presented last December at the HREI Insights Awards, which were held at the RealShare Healthcare Real Estate Conference in Scottsdale, Ariz. The HREI Insights Awards are the first and only awards program …
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Akron General, Rendina to Partner on National Health & Wellness Campaign
The successful partnership between Akron General and Rendina Healthcare Real Estate, one that produced the 140,000-square-foot Health & Wellness Campus in Green, Ohio, is poised to expand across the nation. Building on the industry’s gravitation toward consolidated and preventative services, Akron General has created a new subsidiary to expand wellness programs nationwide: Akron General Health & Wellness Innovations. The new …
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Medical Office Building Celebrates Construction Milestone – Will Open with New Hospital
As work continues on the new 175,000 square foot Canyon Vista Regional Health Center, construction of the new on-campus medical office building has reached a milestone. Earlier this month the steel framing for the 55,000 square foot medical office building was completed, and to commemorate the occasion, a beam signing ceremony was held. Administrators and staff from Canyon Vista Regional …
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Rendina Acquires $14.75 Million Medical Office Portfolio in New Jersey
Rendina has completed the acquisition of a three-building, on-campus medical office portfolio totaling 128,006 square feet. The portfolio is on the campus of Clara Maass Medical Center (CMMC), a Barnabas Health facility in Belleville. The acquisition allows Rendina to bring management and leasing expertise to the properties, and also provides Barnabas Health an additional source of capital in connection with …
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Top 5 Reasons For Hospitals to Sell their Real Estate Assets (INFOGRAPHIC)
Benefits of Asset Monetization UNLOCK THE VALUE OF YOUR REAL ESTATE ASSET As healthcare expenses continue to rise, many hospitals and health systems are looking for ways to generate additional capital. With the increased costs associated with physician alignment and IT, combined with declining reimbursements, health systems are recognizing a need to increase liquidity. Faced with many strategic capital priorities …
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