High Demand Specialties – Orthopedics
There are currently about 600 medical office projects under way across the country. More than 15 percent of those projects include orthopedics. Why do so many projects include this specialty? …
Leasing/Property Management
Hospital Construction Booming in Philadelphia
Hospital construction across the US is in the midst of a delivery spike as many projects, both new hospitals and additions, open this year. We are on track to open …
In Southern California, Physician Visits Growing 217% Faster Than the Population
Doctor visits will increase 217.6% faster than the population in Los Angeles, Orange, Riverside, San Bernardino, and San Diego Counties. That’s according to an analysis prepared for the California Hospital, …
Inpatient Facility Construction Showed Strength in 2024
The amount of new MOB construction has fallen since the peak in 2022, and the back end of 2024 was no exception. With right around 14 million sf breaking ground in 2024, the blue bar chart clearly shows 2024 had less than . . .
Investor Interest Varies Greatly By Metro
You’ve probably seen the Revista chart on ownership makeup across the US. The one that shows 75% of outpatient inventory is owned by the user: physicians, providers and hospitals. This …
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) …
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 …
Medical Office Rent Growth Accelerates
In the wake of record inflation, landlords have had increasing pressure to raise rents at a faster pace. Historically, MOB annual rent growth has been around the 2% mark, and …
Medical Office Sales Volume Still High, but Buyers are Changing
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 …
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 …
Metro Focus – Jacksonville, FL
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 …
Metro Highlight – Charlotte
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 …
Metro Highlight – Houston
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 …
Metro Highlight – Minneapolis
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 …
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 …
Metro Highlight: San Francisco
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 …
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 …
MOB Construction Starts Strong Despite Rising Costs
We\’ve all been hearing about the significant uptick in materials and labor costs associated with construction over the last number of months, particularly lumber which has been the focus of …