California is #1 in the Nation in Hospital Construction!
Revista recently held a webcast on the California medical real estate market and revealed that the Golden state is the far and away leader in hospital construction across the nation. As of …
Chicago MOB Market Building into Growth
The Chicago Metro Medical Office Building (MOB) market has been rising on lower levels of completions and strong absorption all throughout the pandemic. Its occupancy rate is currently 92.4% (4Q21) …
CS Capital Invests in Boston Post-Acute Real Estate
CS Capital on behalf of the Alaska Permanent Fund has recently acquired two Boston area acute rehabilitation hospitals. Both the Braintree Rehabilitation Hospital in Braintree, MA and the New England …
Demand for Outpatient Space Growing Faster than Supply
It is no secret that many healthcare services and procedures are increasingly moving towards an outpatient setting. Advances in technology, cost efficiencies and other factors have enabled this move which has led to consistent and steady growth of demand for outpatient space, and the underlying supply of such space. Revista normally tracks the supply/demand picture through its reporting of absorption, completions and occupancy rates.
Dissecting the Recent LaSalle/HCT Deal…
Many veteran investors in medical office properties are familiar with LaSalle Investment Management. LaSalle, by many accounts, was the first institutional private equity investor to raise a fund focused on …
Do Medical Real Estate Prices have Room to Run?
We recently wrote about the fact that Medical Office prices are trending near all time highs. Given this fact as well as the sentiment that most economists believe interest rates …
DuPage Medical Group Sells Several Trophy MOBs to Harrison Street
DuPage Medical Group (DMG), of Downers Grove, Illinois (www.dupagemedicalgroup.com) has recently sold a group of trophy MOBs to Harrison Street Realty Capital (HSRE). A preliminary accounting through public records shows …
Expect 2016 to be a BIG year for MOB completions…
There has been much talk about the shift towards outpatient care. While this trend is certainly occurring, the construction numbers tracked by Revista have generally been showing much more hospital …
Fitch Ratings Issues Presale Report for Griffin American Healthcare REIT Commercial Mortgage Trust
Fitch Ratings recently released a presale report for the GAHR Commercial Mortgage Trust 2015. This is a CMBS issue of approximately $1.8 Billion to be used to fund the acquisition …
Five Mega Projects Opening This Spring
Five construction projects scheduled to be completed this spring represent nearly $1.3 billion dollars and more than 1.6 million square feet. All five of the projects are hospitals; three of the five are …
FREE WEBINAR: THE OUTLOOK FOR THE MEDICAL REAL ESTATE SECTOR
March 9, 2016 at 1:00pm EDT 2015 was a banner year for medical real estate. Transactions were at an all-time high, construction and development grew and fundamentals are near cyclical …
From the 2018 Revista Medical Real Estate Investment Forum – Medical Office Sector Becoming Core
For those involved in the buying and selling of medical office buildings, you feel it. Transaction volumes have been steadily rising for the past few years. Revista began tracking property …
Griffin American Healthcare REIT III Buys Southlake, TX Hospital
Griffin American Healthcare REIT III, which launched earlier this year, has been making a splash during the last half of 2014. After announcing in October an agreement to acquire a portfolio …
HCP buys 11 on campus MOBs from Memorial Hermann Health System
HCP, Inc. (NYSE: HCP), disclosed with the reporting of second quarter, 2015 earnings that it had purchased a portfolio of 11 on campus medical office buildings from Memorial Hermann Health …
HCRE Construction Spending Peaks in 2023
Healthcare Real Estate (HCRE) spending on construction has established a recent peak in 2023. Revista tracks Hospital and Medical Office (or Outpatient Medical) construction based on total project values including land, hard and soft costs and buildout.
HCRE Developers Gain Share in 2019!
Revista has posted the 2020 Outpatient Development Report for subscribers as well as a complimentary data brief (link provided below). Development activity was strong in 2019. Overall, 53.3 million square …
Health Systems Active in Atlanta’s Medical Office Market…
We have recently updated our medical real estate database covering the southeast U.S. on www.revistamed.com. One market that has a fair share of MOB activity is Atlanta, GA. Yes, investors such as …
Healthcare Trust of America Announces 1Q16 Acquisitions
Healthcare Trust of America, Inc. (NYSE: HTA) recently announced 1Q16 total investment activity of $163 million and an additional $210 million of investments under signed purchase and sale agreements expected …
Here are the Top 10 Demand Markets for Medical Office as of 4Q23
During the presentation we discussed the top 10 demand markets (out of the largest 125). We ranked the markets top to bottom based on trailing twelve month (TTM) net absorption (defined as TTM absorption minus TTM completions).
Here are the top 5 MOB Trophy Markets
Revista’s transaction report ranks the top metro areas by transaction volumes from 2015 to year end 2017 (3 years). Here are the top 5 markets. The most active market during …
Hospital Real Estate Prices Are Going Up!
The hospital real estate sector has been gaining favor with investors in 2015. We have seen two high profile deals – the $1.75B Ventas/Ardent deal and the $900M Medical Properties …
Hospital Real Estate Transaction Volume has Picked Up
For the first time since Revista began tracking medical real estate transaction volume in 2014, hospital real estate transaction volume is outpacing medical office volume. Thus far, in the 3rd …
Hospital Real Estate Yields Compress Through the First Half of 2015
Revista has recently released mid-year 2015 transactions reports. A national report is available for purchase while subscribers have additional access to the top 50 metros report. Each report is roughly …
HTA Sets the Pace in 2Q
Healthcare Trust of America (NYSE: HTA) recently announced it had closed on over $190 million worth of acquisitions in the second quarter of 2015. The acquisitions were in the REIT’s …