RevistaMed
The preliminary 1Q25 numbers are in, and they show that transaction volume has been slow to kick off the year. $1.5 billion worth of MOBs traded in the 1st quarter, and $8.9 billion traded over the past year. This suppressed level of activity is . . .
By Mindy Berman, Managing Director at JLL Public MOB-specialist REITS were the top buyers in early 2017 by a long stretch – their share prices were nicely rewarded given …
Below is a chart showing the 20 largest markets in the US and some key statistics relating to inventory and sales activity. They are ordered by the markets that have …
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 . . .
As REITs pull back on acquisitions and focus more on refining their portfolios, private equity groups have more than taken up the slack. Total healthcare real estate transaction volume may …
Following a record year for transactions when $16.6B worth of MOBs traded hands, overall volume is showing signs of moderating through the first 2 quarters of 2018. During the first …
Medical Properties Trust (NYSE: MPW) has recently announced they were acquiring the real estate of seven hospitals as well as an interest in the operations of Capella Healthcare in a …
Revista has posted its 2017 Year End Transactions Reports for subscribers to its data service. By most accounts, 2017 was a record year for the sector in terms of transaction …
The medical real estate sector is seeing increasing levels of transaction activity, particularly across hospital real estate and medical office buildings. The graph below details the general trend but preliminary …
Ah Charlotte. She’s been miss popularity for a number of years now. Although 22nd in rank for population, Charlotte is one of the fastest growing cities in the nation. Over …
With a burgeoning population, no certificate of need requirement and an expanse of space in which to build – you might be led to believe that a Texas metro like Houston …
Minneapolis is not even in the top ten metros when it comes to total number of medical properties in a market. In fact, it’s ranked at 13. Yet this unassuming …
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 …
In past metro highlights we’ve talked about growth markets with lots of construction activity, interesting markets with innovative health systems, metros with the highest sales volume, but what about the …
Medical Office Building (MOB) capitalization rates are trending up from their lows set in late 2017 and early 2018. The average cap rate for MOBs was 6.7% in the 1st …
The overall average cap rate for outpatient medical buildings has previously remained steady at around 6.7% for a number of quarters. Last year we pointed out that although the overall …
Within the past year, the average cap rate for a medical office building was 6.5. This is up about 60 basis points from one year ago.
Cap rates for Medical Office Properties are continuing a trend of compressing during the past several years. Updated 2nd quarter, 2021 Revista data reveals the median MOB cap rate was 5.8%. This was down from 6% in 1Q21 and 6.3% one year ago.