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 …
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 …
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 …
Physician Groups Continue to Monetize
Independent physician groups continue to monetize their real estate assets, reliably selling $1B+ in assets annually. As competition remains fierce for deals in the sector, this segment continues to be a source of opportunity for investors
Physician Services PPI Not Following Inflation….yet
The Producer Price Index (PPI), which measures change in the prices paid to US producers of goods and services, continues to reflect the intense inflation being seen across many industries. …
Physicians Moving Away from Independent Practice, Monetizing their Real Estate
Consolidation of physician practices and providers has picked up significantly since the onset of the pandemic. According to a report released by Avalere, now almost 3 out of 4 physicians are employed rather than in independent practice.
Population Growth = More Demand for MOB Space
When developing an investment strategy, many investors will focus on geographic areas that have a high level of population growth. But does population growth translate into more demand for space? …
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 …
Product Feature – Entity Search
Revista’s Entity Search is a large database of over 10,000 healthcare real estate owners, developers, providers and health systems. Search by location, number of properties or entity type to retrieve …
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. …
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 …
San Jose & Las Vegas Top Markets for MOB Rent Growth
With continuing record inflation, the ability to raise rents is top of mind for many commercial real estate investors. One might be tempted to think that areas where overall inflation …
Secondary Markets Less Affected during Pandemic
The medical office building sector has held up remarkably well during the COVID-19 pandemic and continues to be an attractive asset class to investors for it’s resilience. Occupancy has remained …
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 …
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 …
Specialty Demand Reports Upgrade
Revista has been hard at work on product development this fall and one of the new releases is an upgrade to our current Specialty Demand report. You can now adjust …
Strong Absorption in 1Q Pushes Occupancy Higher
2022 certainly kicked off at high speed with almost 3 times the space delivered being absorbed in the quarter. 4.3 million square feet of space was absorbed/newly occupied and 1.4
Strong Fundamentals in Florida Markets
Florida was the fastest growing state in 2022 with a total increase in population of 1.9%. Just about all of this growth is made up of migration into the state …
Third Party Development Trending Up
In the past, the lion’s share of MOB development has been self developed by the hospital system or provider. In fact historically, third party development has only represented around a …
Top Markets for MOB Construction
In the past twelve months, over 21 million square feet of medical office space have been delivered across the country. More than 35% of that has been condensed in 10 markets. Chicago …
Top Ten Markets for MOB Construction
A significant portion of outpatient construction has been concentrated in top markets in recent quarters. As of 3Q21, 15.3 million square feet, or 32% of the entire US pipeline of medical office construction was located in just 10 metros.
Top Ten Metros for MOB Sales Activity
Last quarter was a record for medical office transaction volume since Revista has been tracking data, coming in at a total of $5.2B in sales. On an annual basis, that …
Top Ten MOB Buyers of 2020
Despite all the difficulties of the pandemic in 2020, medical office transaction activity still kept pace with previous years. Total sales volume cleared $11.2B and these top buyers represented almost …
Transaction Activity has Slowed, but Providers are still Selling
Transaction activity for MOBs has certainly slowed in 2023 due to higher interest rates and tighter lending requirements, but deals are still getting done. A bright spot still seems to …