The Pittsburgh Post-Gazette took an in-depth look at the real estate portfolio of UPMC, the health care giant that dominates the Pittsburgh skyline and the region's health care system.
Part I: An appetite for real estate
Starting in 1982 in a single building that it didn't own, UPMC over 30 years has acquired and expanded most of the major hospitals in the region, built or purchased a network of 13 senior communities and hundreds of cancer treatment centers, rehabilitation and outpatient clinics and doctors' offices. Read more ...
Part II: UPMC East's land deals provoke questions
Blame it on the Squirrel Hill Tunnels. They're the reason UPMC wanted a major outpost in Monroeville. Read more ...
Part III: A trail of big real estate prices
Few people were as happy as James Roberto when UPMC bought Mercy Hospital in 2008.
The longtime Uptown resident had dueled with Mercy Hospital officials for 30 years -- and his parents a decade before that -- as they tried everything possible to get him to sell his "little white house," as it was commonly called. Read more ...
Part IV: New approach to property taxes taking shape
Most nonprofits that own land are eager to avoid paying property taxes, and UPMC -- the biggest private-sector beneficiary of tax-exempt status in Allegheny County -- is no different.
But in a rare move, UPMC this year guaranteed South Fayette a steady flow of money on a parcel it is buying from the township for an $18.5 million branch of Children's Hospital of Pittsburgh of UPMC, even though the land could become tax-exempt. Read more ...neigh_city