*NEW* Hospital Market Share Report
The Revista team has been hard at work building out some new functionality and reports for RevistaMed subscribers. You can now see visually by zip code where a hospital has …
About Hilda Martin
1Q MOB Sales Up, Pricing Reflects Flight to Safety
Despite mounting stay-at-home orders and market turbulence throughout the month of March, medical office building sales ended the quarter up from a year ago. Preliminary data show $2.4B changed hands …
2019 Continues with Flurry of Hospital Deliveries
While MOB transaction activity might have cooled somewhat and MOB construction remains steady, deliveries of hospital projects have been on a spike. Based on projects that have either opened or …
2019 MOB Starts Trend Toward Large, Multi-Specialty Outpatient Centers
Last year 77 medical office projects started that will be over 100,000 square feet when completed. That’s quite an uptick over previous years when we averaged less than 50. The …
2021 Record Sales Activity Driven by Private Equity
2021 turned out to be a record-breaking year for MOB transaction activity with preliminary stats now showing more than $16B changing hands, up from $11.7B in 2020. Private equity investors …
2021 Transactions Off to a Quiet Start after 4Q Rush of Closings
After finishing out 2020 with one of the strongest volume quarters in recent years, 2021 is off to a quiet start. $1.8B in MOB transactions closed in the first quarter, …
3 Hot Construction Markets
We often show in our reports and presentations the metros that have the most medical office construction activity. Frequently this ends up being the usual suspects – New York, Chicago, Los …
3Q MOB Construction Pipeline Hits 51 million SF as Opens Remain Low
Medical office construction dynamics continue to show the effects of delays related to labor and supply shortages. Another quarter of lower than usual deliveries resulted in the under-construction pipeline growing …
7 New Hospitals Open in 3Q21
Although hospital construction has certainly been affected by the pandemic, most of that impact has been on the expansion of existing hospitals, not the construction of brand new ones. As …
A Quick Analysis of Major vs. Minor Markets
Revista’s mid-year construction report is about to come out, and ahead of its release, I’d like to dig into some of the stats. I’ve received a number of questions about …
Annual MOB Transaction Volume Over $21B
Preliminary numbers for sales transactions in the second quarter put total annual transaction volume at over $21 billion. This is a new high watermark for the sector since Revista has been tracking data. However, the second quarter itself is slightly off the recent quarterly highs we've been seeing with a preliminary total of $3.6 billion.
As Competition Heats Up, Investors Take On More Risk
Over the past year or so there have been many headlines speaking to how hot the medical real estate sector is. You see them pop up in your email or …
Construction Slowing – Outpatient Deliveries Down 15% from 2016
2017 will have broken many records in terms of sales transaction activity in healthcare real estate, but it won’t in terms of new construction. Previously we’ve discussed how the volume …
CPMC Van Ness Campus to Open March 2nd
2019 is expected to be a big year in terms of hospital project completions and the Sutter CPMC campus on Van Ness and Geary in San Francisco is one of …
Curious about PACE Financing?
You’ve probably been hearing more and more about PACE lending lately as it has become a more popular (and available!) financing tool in healthcare. Repayment of this loan is through …
Developers and Providers Turn to Conversion Opportunities
While attractive, conversion potential has historically been limited because medical requirements differ significantly from those of traditional office or retail buildings. Specialized HVAC, infrastructure to support heavy medical equipment, significant …
For Community Based Building & Services, Flexibility is Key
Perusing the Wall Street Journal this weekend, I came across an interesting article: ‘Ok Boomer, Who’s Going to Buy Your 21 Million Homes‘. The article talked about the staggering number …
Healthcare Construction Projects Start on Time, Deliveries Delayed
2019 was a big year for medical office construction starts. 28.8 million square feet broke ground during the year, the most in a year since Revista has been tracking it. …
High Demand in the Sunbelt, Phoenix Tops the List
The Northeast and Pacific Coast markets have always had some of the highest occupancy rates for medical office buildings being the more expensive, high barrier-to-entry cities. However, considerable growth in …
High Demand Specialties – Orthopedics
There are currently about 600 medical office projects under way across the country. More than 15 percent of those projects include orthopedics. Why do so many projects include this specialty? …
Hospital Construction Booming in Philadelphia
Hospital construction across the US is in the midst of a delivery spike as many projects, both new hospitals and additions, open this year. We are on track to open …
Hospital Performance Impacts Outpatient Occupancy & Rent
With the passing of the One Big Beautiful Bill, many hospitals across the country will be facing additional financial pressures in coming years. Millions of people are estimated to lose …
Investor Interest Varies Greatly By Metro
You’ve probably seen the Revista chart on ownership makeup across the US. The one that shows 75% of outpatient inventory is owned by the user: physicians, providers and hospitals. This …
Is MOB Construction Slowing?
Past and Projected MOB SF Delivered by Year Past and Projected MOB SF Started by Year Every year we have seen an increase in the …