RevistaMed
By John B. Mugford, Editor, Healthcare Real Estate Insights ARNOLD, Md. – In the medical office building (MOB) space, large portfolio sales involving publicly traded companies usually grab most of …
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 …
The inverted yield curve usually signals an upcoming recession. Rates have been rising dramatically for several months. Given the uncertainty, Revista decided to conduct a quick survey of major
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 …
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:
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 …
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 …
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 …
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 …
Did you know Revista is now tracking Occupancy, Absorption, Completions, Rents and Rent Growth within MOBs located in the top 125 metro areas? Let’s take a look at the Jacksonville …
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 …
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 …
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 …
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.
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 …
Recently we’ve been observing a downward trend, which has been reinforced by the current quarter. On a quarterly basis, 2Q23 only had around 2 million square feet start construction.