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Home / Industry News / Revista Releases 1Q20 Industry Fundamentals Report

Revista Releases 1Q20 Industry Fundamentals Report

May 12, 2020 by Mike Hargrave Topics: Industry News, Leasing/Property Management, Real Estate Financing/Capital Markets

Revista has posted the first quarter, 2020 Industry Fundamentals Report to its subscriber site (https://www.revistamed.com/user/myaccount).  The Revista MOB Sector Fundamentals Report represents approximately 150M SF of data reported by major owners of medical office properties. Data are provided quarterly, covering an entire portfolio, as well as on a same-store, year over year basis (YOY).  Overall, the report shows little impact from the Covid-19 pandemic.  The chart below shows key aggregate same-store year over year growth rates for key MOB metrics.  The occupancy rate (currently 91.7%) is off 11 basis points, YOY.  Revenue growth and expense growth were both lower this quarter, at 1.6% and 0.7%, respectively.  NOI growth was 2.4% in 1Q20 which was down form 4Q19 but up 20 bps in 1Q19. 

Source: Revista
Mike Hargrave
Mike Hargrave

Other Articles by Mike Hargrave:

    • Lenders to the Medical Office Sector Signaling Caution, Lower Volumes
    • Inflationary Pressures Impacting the Revista MOB Industry Fundamentals Report
    • MOB Transaction Volume Sets Quarterly and Annual Volume Records in 1Q22

Previous Post:Revista’s COVID-19 Impact Survey Results for Owners, Managers, Agents, and Investors in Medical Real Estate
Next Post:Healthcare Construction Projects Start on Time, Deliveries Delayed

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