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 …
Metro Highlight: San Francisco
In past metro highlights we’ve talked about growth markets with lots of construction activity, interesting markets with innovative health systems, metros with the highest sales volume, but what about the …
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 …
Medical Office Sales Volume Still High, but Buyers are Changing
As REITs pull back on acquisitions and focus more on refining their portfolios, private equity groups have more than taken up the slack. Total healthcare real estate transaction volume may …
Revista Releases Mid Year Transactions Report
The Mid Year Revista transactions report has been released and is available to subscribers. Some highlights: *$19.1B in hospitals and MOBs traded in the last 12 months – down somewhat …
Metro Highlight – Minneapolis
Minneapolis is not even in the top ten metros when it comes to total number of medical properties in a market. In fact, it’s ranked at 13. Yet this unassuming …
Shrinking Bed Counts – How Hospitals are Evolving
In general, health systems are choosing to build hospitals with lower bed counts. Technology, demand and reimbursement changes are all pressures that shift the focus to patient experience, advancing technology, and …
NYU Langone Opens Kimmel Pavilion June 24th
One of the largest projects in the Revista database is about to open on June 24th after more than a decade of careful planning and execution. NYU Langone has been …
Metro Highlight – Houston
With a burgeoning population, no certificate of need requirement and an expanse of space in which to build – you might be led to believe that a Texas metro like Houston …
What Was Revista’s Most Active Metro in 2017?
Continuing focus on high medical office sales activity might lead one to wonder where all this activity is occurring. In 2017, more than 25% of sales volume was represented in only …
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 …
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 …
MOB Cap Rates Compress Across the Board
The overall average cap rate for outpatient medical buildings has previously remained steady at around 6.7% for a number of quarters. Last year we pointed out that although the overall …
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 …
REITs Expanding Ownership in MOBs
We have analyzed recently how private investors are buying substantially more healthcare real estate than they have previously, and how they are taking up a larger percentage of buyer activity. …
Private Equity Acquiring More Medical Real Estate
As we posted back in March, private equity as a group is buying significantly more medical real estate than they have previously. On a trailing twelve month (TTM) basis, they …
Market of Interest: Seattle
Below is a chart showing the 20 largest markets in the US and some key statistics relating to inventory and sales activity. They are ordered by the markets that have …
Small Towns Breaking Ground on Big Medical Projects
Three 300-million-dollar hospital projects have broken ground in the last two months – and they’re outside the top 100 metros. These projects are large in scale and bring in national …
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 …
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 …
Over $93 Billion in Searchable Construction Projects Now Available!
A Revista milestone has been reached! We have finished a first sweep of the country for medical construction projects. There are now over 1100 searchable construction projects in planning or …
Over $27 Billion Under Construction in the Top Ten Metros
Construction Volume in $ Billions After review of construction projects in the top ten markets (ranked by population), we have uncovered over $27 Billion in construction activity. Included in this …