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The MOB Scene

Post-COVID Workplace Innovations and Solutions

October 28, 2024 by CA Search Advisors

In the aftermath of COVID-19, companies have faced numerous challenges related to recruiting, retention, benefits, compensation, and more. Over the past four and a half years, the corporate landscape has experienced a roller coaster of events, beginning with the lockdowns in March 2020. Following that, there was a . . .

Read morePost-COVID Workplace Innovations and Solutions

Medical Office Building: Is “Office” the right term?

September 27, 2024 by Stephen Lindsey

Recently there has been discussion about changing the term “Medical Office Building” (MOB) to an alternative that does not include the word office. In order to gauge our industry’s thoughts, Revista’s Rising Leaders Council (RLC) worked on a survey that went out last month, which had the following results:

Read moreMedical Office Building: Is “Office” the right term?

Revista Partners with Pivotal Analytics to Provide All-Payer Data Reports

September 10, 2024 by Elisa Freeman

Arnold, MD, September 9, 2024 — Revista , a leading provider of local and national-level real estate data to support new business development, underwriting, portfolio maintenance, and investment strategy; announced today that …

Read moreRevista Partners with Pivotal Analytics to Provide All-Payer Data Reports

New Reports Available – Pivotal x Revista

August 29, 2024 by Hilda Martin

For the first time, Revista and Pivotal are bringing together the largest medical real estate database and All-Payer Claims data to provide unparalleled intel into property level tenant risk and …

Read moreNew Reports Available – Pivotal x Revista

MOB Rents by Region

August 26, 2024 by Stephen Lindsey

Which regions have the highest rents? According to the following graph, which covers the largest metro areas across the U.S., the Pacific region is the outlier. In 2Q24, the Pacific had asking rents 29% higher . . .

Read moreMOB Rents by Region

2Q2024 Snapshot

July 30, 2024 by Stephen Lindsey

What direction has the MOB market been going in 2024? In this article we are focusing on the Top 100 metro areas. The table below shows a snapshot of the changes observed for key metrics in the second quarter of this year. Inventory continued . . .

Read more2Q2024 Snapshot

Population Growth = More Demand for MOB Space

July 30, 2024 by Hilda Martin

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? …

Read morePopulation Growth = More Demand for MOB Space

Which Markets have the Largest Construction Pipeline Relative to Their Size?

June 27, 2024 by Stephen Lindsey

Typically, when we report the top construction markets, markets are ranked by the total square footage that is under construction. In the table below we are instead sorting by this number relative to the market size. This highlights some of the smaller markets that have a lot of supply growth in the pipeline. Madison, WI . . .

Read moreWhich Markets have the Largest Construction Pipeline Relative to Their Size?

Medical Office Inventory Growing at a Slower Rate

May 29, 2024 by Stephen Lindsey

Over the past year or two, new construction projects have faced the headwinds of elevated labor, material, and financing costs. Because of this, we are now seeing inventory growth running at a slower pace. The graph below shows the amount of MOB square footage that finished construction on an annual basis, as a percentage of the inventory. The average over the past 10 years is about . . .

Read moreMedical Office Inventory Growing at a Slower Rate

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.

Read moreRevistaMed Updates the Size and Scope of the Medical Real Estate Sector 2024

Construction is Strong for Behavioral Health and Rehab Hospitals

April 30, 2024 by Stephen Lindsey

Recently, the number of new construction projects has been low for the medical real estate industry. However, certain property types have been going against the current and have seen higher activity than usual. Two that stand out are . . .

Read moreConstruction is Strong for Behavioral Health and Rehab Hospitals

A look at the Columbus, Ohio outpatient real estate market

April 29, 2024 by Mike Hargrave

Columbus, Ohio is the 21st largest market RevistaMed tracks in terms of outpatient or medical office square feet.  Columbus has been in growth mode for the past few years from a healthcare real estate perspective.

Read moreA look at the Columbus, Ohio outpatient real estate market

2024 Outpatient Development Report

March 28, 2024 by Stephen Lindsey

In partnership with Health Care Real Estate Insights (HREI), Revista has published their annual outpatient development report. The 2024 report covers all medical outpatient real estate developments that either broke ground or completed in the previous year . . .

Read more2024 Outpatient Development Report

A Look at Revista’s Highest Occupied MOB Market

March 28, 2024 by Mike Hargrave

The Revistamed Metro Rankings page provides an easy way to quickly measure the top 125 metro areas on key medical office metrics.  The columns are sortable and users can also download the data to xls where even more columns will populate

Read moreA Look at Revista’s Highest Occupied MOB Market

Product Feature – Entity Search

March 27, 2024 by Hilda Martin

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 …

Read moreProduct Feature – Entity Search

Cap Rates Move Up Again in 4Q2023

February 23, 2024 by Stephen Lindsey

The average cap rate for medical office building (MOB) transactions moved up to 7% in the last quarter of 2023. This is up 90 basis points from one year prior. A pricing gap between on and off campus MOBs remains, with on campus coming in 30 basis points lower at 6.7%. Despite the strong underlying fundamentals, investor demand is being limited by stringent capital conditions . . .

Read moreCap Rates Move Up Again in 4Q2023

Here are the Top 10 Demand Markets for Medical Office as of 4Q23

February 22, 2024 by Mike Hargrave

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).

Read moreHere are the Top 10 Demand Markets for Medical Office as of 4Q23

Has Construction been Concentrated in Larger or Smaller Markets?

January 30, 2024 by Stephen Lindsey

2023 was a slow year for medical office developments, with around 12 million square feet of projects that broke ground. This is about 45% lower than the average over the past decade. However, 12 million square feet is still a substantial increase in supply, and it is interesting to observe how different markets are reacting. In the graph below

Read moreHas Construction been Concentrated in Larger or Smaller Markets?
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RSS Recent Blog Posts

  • Rehabilitation hospital construction showing signs of rising in 2025 July 29, 2025
    While outpatient construction has slowed down inpatient construction is holding steady to rising.  As you may know, Revista tracks inpatient general acute care hospitals, behavioral health hospitals, and inpatient rehabilitation hospitals (IRFs).  Within the IRF sector, Revista currently tracks over 500 rehabilitation hospitals in the US.  The sector has seen tremendous growth since 2014 growing […]
    Mike Hargrave
  • Hospital Performance Impacts Outpatient Occupancy & Rent July 29, 2025
    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 … The post Hospital Performance Impacts Outpatient Occupancy & Rent appeared first on RevistaMed.
    Hilda Martin
  • Medical Space in the Most Populous Metros June 30, 2025
    Nearly 70% of the medical office space in the US is located within the top 100 metro areas. The New York metro area alone makes up close to 5% of the national total. Urban areas contain the bulk of the population and medical space, but . . . The post Medical Space in the Most […]
    Stephen Lindsey
  • Revista Releases the 2025 Top Owners of Medical Real Estate Report June 24, 2025
    Revista has updated and released to subscribers the 2025 Top Medical Real Estate Owners Report. The 2025 Top Medical Real Estate Owners Report provides summary and detail analysis on the 50 US largest owners of medical real estate. The post Revista Releases the 2025 Top Owners of Medical Real Estate Report appeared first on RevistaMed.
    Mike Hargrave

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