Mike Hargrave

Revista’s COVID-19 Impact Survey Results for Owners, Managers, Agents, and Investors in Medical Real Estate

April 22, 2020 by Mike Hargrave

From 4/13/20 to 4/17/20 Revista conducted a survey targeted towards medical real estate stakeholders. Two surveys were developed, one to measure Covid-19 impacts on Leasing and one to measure the pandemic’s potential impact on the medical real estate investing environment. Over 85 responses were received. The combined and aggregate highlights of the surveys are provided below. For questions about this survey please contact Mike Hargrave at mike@revistamed.com.

RevistaMed Updates the Size and Scope of the Medical Real Estate Sector 2024

May 21, 2024 by Mike Hargrave

Revista has updated its annual look at the size and scope of the health care real estate sector. This update measures the real estate size and value of general acute care hospitals and outpatient buildings across the contingent United States.

SABRA Healthcare REIT buys 4 Post Acute SNFs at $345K/Bed…

June 30, 2015 by Mike Hargrave

SABRA Healthcare REIT (NYSE: SBRA) announced in a recent filing that they purchased 4 post-acute SNFs located in Maryland at a price/bed that rivals some hospital trades. They are purchasing …

Sabra Healthcare REIT Reports Forest Park Frisco Medical Center Having Trouble Paying Rent

August 5, 2015 by Mike Hargrave

SABRA Healthcare REIT (NYSE: SBRA) reported in its quarterly earnings that Forest Park Medical Center (FPMC) in Frisco is having trouble paying rent as of June, 2015. SBRA said that …

Single Property MOB Cap Rates Creeping Up

December 17, 2019 by Mike Hargrave

Overall, MOB cap rates have continued to remain at lower levels compared to just a few years ago. According to Revista’s 3rd Quarter, 2019 Medical Real Estate Transactions Report, the …

St. Joseph’s Mission MOBs Trade (Again)

September 13, 2016 by Mike Hargrave

Orange County California Medical Office Buildings have been a prized possession of real estate investors for several years. In fact, over the past several years, investors have acquired over $1.5 …

The “On Campus” Medical Office Premium is 14% in 3Q14

December 15, 2014 by Mike Hargrave

Investors paid an average of 14% more per square foot for an on campus medical office building (compared to an off campus medical office building) in the 3rd quarter of …

The 2021 Outpatient Development Survey is Open!

February 23, 2021 by Mike Hargrave

Healthcare Real Estate Insights and Revista have partnered to create the healthcare real estate industry's most comprehensive survey of outpatient medical construction activity.

The Buyer Composition has Changed

March 15, 2016 by Mike Hargrave

Recent years has seen the healthcare real estate transaction world more or less controlled by real estate investment trusts (REITS). Healthcare REITs have enjoyed a long run of comparatively low …

The Divergence in Base Rent Trends

December 22, 2025 by Mike Hargrave

The idea of a K-Shaped economy is a much talked about topic these days. The concept is that higher earners are doing quite well while those in lower to middle income brackets are struggling with stagnant wages and higher costs.

The Emerging Public-Private Valuation Gap

May 22, 2018 by Mike Hargrave

As the start of higher interest rates have entered into 2018 economic data, Medical Office REIT share prices have pulled back implying their portfolio values have also fallen. Healthcare Trust …

The Fed Sets the Stage for Higher Fed Funds Rate in 2022

December 16, 2021 by Mike Hargrave

The Federal Reserve (Fed) yesterday released updated economic projections including their expectations for the Fed Funds rate. To look at the potential impact on MOB cap rates, let’s review recent history.

The Hottest Metros in 2018

March 28, 2019 by Mike Hargrave

Overall transaction volume for Medical Office Buildings (MOB) were down in 2018 versus 2017. According to Revista’s Year End 2018 Medical Real Estate Transactions report, MOB transaction volume was $11.9B …

The Most Active MOB Metros 3Q18-2Q19

August 28, 2019 by Mike Hargrave

Medical Office (MOB) transaction volume has slowed during the past year. Within the top 50 metros Revista recorded $7.14B worth of MOB trades from 3Q18 to 2Q19. This was down …

The New York Metro MOB Market is on the Upswing!

June 25, 2026 by Mike Hargrave

The New York (NYC) metro medical office market (MOB), which saw its occupancy rate fall as a result of the Covid-19 outbreak, is now on the rebound. NYC’s MOB market, prior to the pandemic was extremely tight and hovered around 94%.

The Return of the Portfolio Premium

May 27, 2025 by Mike Hargrave

The graph below displays Average MOB cap rate trends for Portfolios vs. Single Properties. From 2017 through 2022, the Average Cap Rate for MOB Portfolios was 63 basis points lower than single MOB properties that traded.

The Revista 4Q23 Subscriber Webinar – Abridged Slides

January 26, 2024 by Mike Hargrave

Revista held its 4th quarter, 2023 subscriber webinar recently. During the webinar, it was reported that occupancy rates were continuing to rise for Medical office properties in the top 50 metros.

The Revista Pipeline: Medical Office Construction Projects

April 21, 2015 by Mike Hargrave

Below are selected construction projects from Revista’s medical real estate database. Subscribers have access to this database containing over 55,000 medical properties plus market reports for only $80/month. St. Lukes receives …

The Surgery Center Premium for MOBs

December 19, 2017 by Mike Hargrave

Revista tracks and identifies medical buildings that contain a surgery center. Within our database, surgery centers are a tag rather than a property type as many surgery centers are contained …

Through April – Transaction Volume slowing but still outpacing 2019

May 28, 2020 by Mike Hargrave

A weekly running sum of medical office volume through April 2020 reveals that volume is slowing but that overall, total volume is still running ahead of 2019. Through week 18 …

Top 50 Metro Occupancy Rate Climbs in 3Q21 for MOBs

October 28, 2021 by Mike Hargrave

The occupancy rate across medical office buildings located in the US top 50 metros climbed to 91.7% in 3Q21. This was up from 91.5% in 2Q21 and 91.3% one year ago.

TTM MOB Cap Rate Trends Showing a 20-30 Basis Points (bps) Sequential Rise

April 26, 2023 by Mike Hargrave

Revista recently held its 1Q23 Subscriber Webcast. Hilda Martin and Mike Hargrave of Revista were joined by Gino Lollio, an Executive Director with Cushman & Wakefield Healthcare Capital Markets. Over 230 subscriber lines registered for the webcast indicating a high level of interest in emerging trends we covered.

UBS Acquires Saddleback Valley MOB from Lillibridge/Ventas

April 21, 2016 by Mike Hargrave

UBS Real Estate, along with Greelaw Partners of Irvine CA recently acquired the Saddleback Valley Medical Center (MOB) from Lillibridge/Ventas. The purchase price was $34.5 million which works out to …

US Healthcare Real Estate is One Trillion Dollar Sector

March 10, 2017 by Mike Hargrave

Each year, Revista updates its size and scope of the US Healthcare Real Estate Sector. We maintain a database of all hospital, medical office (MOB) and other healthcare properties located …