The Emerging Public-Private Valuation Gap
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 …
Industry News
The Hottest Metros in 2018
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 Impact of Interest Rates on Medical Real Estate
The Federal Reserve announced last week a 75bps rate hike, along with continued balance sheet reduction; the largest rate hike since 1994. What does that mean? Raising interest rates is …
The Medical Office Sector and GDP Growth
This morning the BEA released its first official estimate of real GDP growth for 2Q2022. It came in at -0.9. The revised official rate from last quarter was -1.6, and depending on the definition used, some would now say that we are in a recession.
The Most Active MOB Metros 3Q18-2Q19
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 Return of the Portfolio Premium
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
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 Surgery Center Premium for MOBs
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 …
Three Big Portfolios to Meet Big Investor Appetites
The bread-and-butter medical office building (MOB) deal continues to entail the sale of a single building for a price of less $20 million, often quite a bit less. Such deals, …
Through April – Transaction Volume slowing but still outpacing 2019
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
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.
Top HRE professionals foresee good prospects in 2018
By John B. Mugford, Editor, Healthcare Real Estate Insight While there is some concern and uncertainty about what the next year holds for the country’s healthcare system, some of the …
Top Markets for MOB Construction
In the past twelve months, over 21 million square feet of medical office space have been delivered across the country. More than 35% of that has been condensed in 10 markets. Chicago …
Top Ten MOB Buyers of 2020
Despite all the difficulties of the pandemic in 2020, medical office transaction activity still kept pace with previous years. Total sales volume cleared $11.2B and these top buyers represented almost …
TTM MOB Cap Rate Trends Showing a 20-30 Basis Points (bps) Sequential Rise
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.
US Healthcare Real Estate is One Trillion Dollar Sector
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 …
Welltower – CNL’s $1.25B Boosts MOB Sales
Deal reinforces strategy of creating value by packaging MOBs into large portfolios With MOB sales off to a somewhat slow start in early 2019, the closing of the sector’s second-biggest …
What Was Revista’s Most Active Metro in 2017?
Continuing focus on high medical office sales activity might lead one to wonder where all this activity is occurring. In 2017, more than 25% of sales volume was represented in only …