MOB construction completions fall to multi-year low
MOB Construction Completions fall to Multi-Year Low Medical Office (MOB) construction completions, which were near peak levels just one year ago have fallen to multi-year lows as of the 1st …
Construction/Development
Revista Developer Survey shows strong development numbers; it also ranked the top third-party developers in 2020
While the amount of outpatient facilities started or completed during 2020 fell by about 9.7 percent from the previous year, the number of healthcare real estate projects taking place remains quite healthy
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 …
Despite COVID-19 Pandemic, Healthcare Construction Numbers Remain Strong
Even though the professionals involved in MOBs correctly predicted that investor demand would remain strong for the product type during the COVID-19 pandemic, some involved in development expressed concern that construction numbers could fall as healthcare systems and providers would be forced to focus on a surge of patients instead of planning new projects.
Medical Office Sector Quarterly Data Brief
Revista has posted the 4Q20 MOB Sector Quarterly Brief. Available for a limited time this report provides an executive level overview of supply, demand and rent fundamentals for the aggregate …
Revista Updates Size and Scope of HCRE Sector
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 …
Kaiser Remains on top of Largest Property Owners
Once again, as has been the case for the last seven years, Oakland, Calif.-based Kaiser Permanente, the giant health insurance firm and healthcare services provider, remains the largest owner of real estate among healthcare-related entities in the United States.
Despite the Pandemic’s Effect, Healthcare Developers are Busy and Optimistic
Despite some delays and postponements of projects during the early months of the COVID-19 pandemic, a group of executives with some of the leading healthcare real estate (HRE) development firms are saying things are picking.
MOB Construction Pipeline Grows throughout 2020
Despite the challenges this year with COVID-19, medical office projects continue to break ground. Openings are not keeping pace, resulting in an in-progress pipeline that continue to grow. As of …
Off Campus MOB Transaction Volume Gaining Share
A lasting conversation among investors in the MOB sector has been the choice between On campus MOB investments and Off campus MOB investments. Comprising approximately 30% of the MOB stock …
MOB Fundamentals Holding Steady Through the Pandemic
The Medical Office Building (MOB) sector has shown its mettle through previous economic challenges. But with the onset of the Covid-19 pandemic and ensuing slowdown of elective surgeries and office …
Lasting Effects of the Pandemic – Telehealth
In March, when most of the country shut down in order to slow the spread of COVID 19, when one needed to see the doctor, in many cases the only …
Metro Highlight – Phoenix
Phoenix is an investor favorite for sure. While nationwide roughly 65% of medical office space is user owned, in Phoenix only 30% is user owned. A whopping 70% of inventory …
Preparing Your Facilities for the Future – COVID and Medical Office Buildings
Part 1 – Series of 3 In a post COVID-19 world, it is critical that building owners and operators establish trust with tenants-providers and patients by demonstrating a commitment to …
Healthcare Construction Projects Start on Time, Deliveries Delayed
2019 was a big year for medical office construction starts. 28.8 million square feet broke ground during the year, the most in a year since Revista has been tracking it. …
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 …
Is MOB Rent Growth Correlated to Occupancy?
Classic economic theories establish a clear relationship between supply and demand for many goods and services. In real estate circles the theory says that as prices rise, demand (or occupancy) …
2019 MOB Starts Trend Toward Large, Multi-Specialty Outpatient Centers
Last year 77 medical office projects started that will be over 100,000 square feet when completed. That’s quite an uptick over previous years when we averaged less than 50. The …