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Demystifying Real Estate Public-Private Partnerships

Demystifying Real Estate Public-Private Partnerships

What is a Public-Private Partnership (P3)? Simply put, P3s are a contractual partnership allowing the controls to remain with the institution while offloading the risks to the private sector. More specifically, P3s are designed to combine the strengths of both the public and private sectors. A P3 builds on the expertise of each partner to develop or improve facilities and more »

30 Jan, 2018
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A Hospital Without Patients

A Hospital Without Patients

The cutting edge of health care is tucked off a St. Louis highway exit. And it’s eerily quiet. There are those who say that even an intensive care unit could, in principle, be brought to a patient’s home. But for now, the future looks like this: Hospitals will keep doing things like deliveries, appendectomies and sewing up the victims of more »

23 Jan, 2018
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PMB Welcomes Ken Henry to its Team as Senior Vice President

PMB Welcomes Ken Henry to its Team as Senior Vice President

SAN DIEGO, Calif., Nov. 20, 2017 – Pacific Medical Buildings (PMB) is pleased to announce the recent addition of Ken Henry to its team as Senior Vice President – Development.  Ken will establish PMB’s Dallas office and will focus on expanding its  healthcare development, acquisitions and management business throughout the central United States. “Ken is a tremendous cultural fit for more »

22 Nov, 2017
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What needs to happen for AI and healthcare to become ubiquitous?

What needs to happen for AI and healthcare to become ubiquitous?

15 Sep, 2017
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PMB Selected to Develop New San Antonio Regional Hospital Medical Office Building

PMB Selected to Develop New San Antonio Regional Hospital Medical Office Building

The new medical facility includes a City of Hope Cancer Center as part of a 56,000-square-foot, two-story medical office building in Upland, Calif. Upland, Calif., (June 13, 2017) – Development is under way for a 56,000-square-foot, two-story Ambulatory Care Medical Office Building on the San Antonio Regional Hospital campus in Upland, Calif. that will include a City of Hope community cancer more »

13 Jun, 2017
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Steel Framing is Well Underway at the Sutter Van Ness MOB in Downtown San Francisco

Steel Framing is Well Underway at the Sutter Van Ness MOB in Downtown San Francisco

San Francisco, CA – The steel framing of the medical office building located at 1100 Van Ness in downtown San Francisco has reached the third floor signaling the most visible progress of the project to date. Topping out is scheduled for August 2017. Completion of the office building is on schedule for the 4th quarter of 2018. Signed leases and more »

15 May, 2017
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PMB Kicks Off Construction for Two-Story Medical Office Building in Riverside, CA

PMB Kicks Off Construction for Two-Story Medical Office Building in Riverside, CA

Riverside, CA — Pacific Medical Buildings (PMB) and Jacobs Development Company have broken ground on a two-story, 27,000-square-foot medical office building in Riverside, CA. Once completed at year-end, the building will be 100 percent occupied by RadNet, the leading national provider of freestanding, fixed-site diagnostic imaging services in the U.S. “RadNet is committed to providing high quality healthcare that is more »

25 Apr, 2017
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PMB and Sawtooth Development Group Start Construction on 60,000-Square-Foot Medical Office Building in Superior, CO

PMB and Sawtooth Development Group Start Construction on 60,000-Square-Foot Medical Office Building in Superior, CO

Superior, CO — Pacific Medical Buildings (PMB) and Sawtooth Development Group, LLC have broken ground on a four-story, 60,000-square-foot medical office building in downtown Superior, Colorado. The new development, Superior Medical Center, includes a four-story 229 space parking structure spaces that connects to the medical office building by a pedestrian bridge. The Superior Medical Center will be built at a cost more »

17 Apr, 2017
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PMB Wins Prestigious HREI Insights Award

PMB Wins Prestigious HREI Insights Award

SAN DIEGO and IRVINE, Calif., Feb. 8, 2017 – A medical office building (MOB) developed by Pacific Medical Buildings (PMB) recently took top honors in Healthcare Real Estate Insights (HREI) magazine’s annual, national awards program. Hoag Health Center Irvine-Sand Canyon was named the winner in the “Best New MOB or Other Outpatient Building (100,000 square feet or more)” category of the more »

13 Feb, 2017
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Navigating The First 100 Days of 2017

Navigating The First 100 Days of 2017

What to Expect from the Outset of the Trump Administration Highlights Congress has initiated the process of repealing the Affordable Care Act (ACA) through budget reconciliation. Pursuing repeal through reconciliation will allow Republicans to eliminate components of the law with a simple majority in the Senate, although they can only target tax and budget related measures under the rules of this process. No more »

2 Feb, 2017
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Testimonials

Prub “PK” Khurana   
Author Picture

“PMB created a team-oriented, transparent development process for the new Facey Medical Group Clinic. The PMB team managed a very complex process ultimately resulting in a project that was delivered ahead of schedule and significantly under budget. This allowed for a quicker time to market providing significant value to our patients and organization. We’re proud of our new facility and successful partnership with PMB.”

Prub “PK” Khurana
Chief Administrative Officer,
Medical Group Foundations at Providence Health & Services

Steve Gilbert   
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“When embarking on complicated projects of this size and scope, it is critical to partner with a developer that will complete the project on schedule, with strong financial resources and a long-term ownership approach. PMB possess all these traits and has continued to exceed our expectations.

It is also paramount that our healthcare real estate facilities, operators and owners are professional, reliable and maintain the highest standards of the healthcare experience. PMB embodies all the necessary characteristics and resources of a trusted strategic real estate partner. We look forward to a continued relationship with PMB.”

Steve Gilbert
Senior Vice President, Construction
Innovation Institute / St. Joseph Health System

Michael B. Shanahan, AIA   
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“I worked closely with the PMB team in developing a 172,000 square foot medical office building on the campus of our hospital in Poway. PMB has proven to be an excellent partner, by way of providing professional development services while maintaining positive working relationships despite any project challenges. Their on-going sustained property management expertise demonstrates PMB’s commitment to long-term ownership and maintenance of these important assets.”

Michael B. Shanahan, AIA
Senior Project Manager
Sutter Health

Formerly - Director, Facilities Planning & Development
Palomar Pomerado Health

James Padova, M.D.   
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“In addition to the operational benefits of a new medical office building - including a more patient-friendly environment, better working conditions and increased staff productivity - there can also be significant ownership benefits, as we found with St. Joseph Medical Tower. The additional income that is generated by the real estate partnership is particularly attractive in today's uncertain economic climate.”

James Padova, M.D.
Hematology/Oncology Medical Group of Orange County, Inc.

Bill Gil   
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“Capital decisions are more critical than ever. No investment has a larger or longer impact than the development of a new medical facility. PMB has been our partner of choice for a decade, and will continue to be for a long time to come.”

Bill Gil
CEO
Providence Health Network

Bob Mitsch   
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“Since the Eden Medical Center needed to be completed commensurate with the opening of the hospital, it was critical for Sutter to identify a developer with the capability, financial resources and expertise to lead the overall MOB project development. For this reason, Sutter chose PMB to be the developer, owner and operator of our new 80,000 square build-to-suit clinic. I found the PMB team to be a developer I could trust and I’m confident that they will continue to maintain and operate this vital campus asset through their property management division, PMBRES.”

Bob Mitsch
Vice President, Facility and Property Services
Sutter Health

Diane Laird   
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“PMB acted as a true partner in the development of our new facility. They consistently made decisions that benefited our position and the overall project with a spirit of collaboration and a focused goal of a successful outcome."

Diane Laird
Chief Strategy Officer
MemorialCare Health System

James S. Noble   
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“We have been impressed with PMB’s experience and expertise in the management and development of a very complex project both on time and on budget and have found PMB to be a developer we can trust to maintain and operate this important asset. They continue to work closely with the hospital administrative team, physicians and multiple stakeholders involved with the continued growth of the building.”

James S. Noble
Executive Vice President - COO/CFO
Huntington Memorial Hospital

PhD. Philip Pumerantz,   
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“Western University’s Patient Care Center represents the future of medical education and patient treatment. Its design, layout and technology make it ideal for integrated care management and inter-professional collaboration.”

Philip Pumerantz, PhD.
President
Western University of Health Sciences


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