News Release: HREI to offer exclusive preview of update to list of top 50 healthcare real estate owners

Healthcare Real Estate Insightswill feature a sneak peek at Revista’s newly updated rankings of the top 50 U.S. medical property owners in its September 2017 edition


MINNEAPOLIS, Sept. 6, 2017 – One of the most popular articles Healthcare Real Estate Insights magazine has ever published was the October 2014 cover story “Who are the largest owners of healthcare real estate?” The article was based on a first-ever report from the healthcare real estate (HRE) research firm Revista, using HRE ownership data through the end of 2013. This week, HREI subscribers will be treated to an exclusive first look at Revista’s freshly updated list of the top 50 HRE owners.

HREI subscribers will be able to access the exclusive feature article with highlights of the report on the website, and Revista subscribers will be able to access the full report with even more details by logging in at

“The ownership data is something that affects and interests everyone in our industry, and the top owners list we published in 2014 was extremely popular with our readers,” HREI Publisher Murray W. Wolf says. “HREI is excited to partner with Revista once again to share this exclusive look at the biggest players in the HRE market.”

“The new data is even more useful than it was when Revista did its first report in 2014 because the new report also captures year-to-year changes in ownership,” HREI Editor John B. Mugford notes. “Thanks to Revista, we are now able to easily identify up-and-comers in the industry, as well as established players.”

“Revista maintains a comprehensive database of virtually every medical property across the country, and specializes in bringing this data to life in enlightening, industry-related, exclusive reports such as this, focusing on key players, property types and revealing historic data,” explains Mike Hargrave, one of the principals and founders at Arnold, Md.-based Revista. “The new ‘Top 50 Owners of Medical Real Estate’ report shows steady growth, year-over-year, in the dynamic HRE space.”

Revista’s new “Top 50 Owners of Medical Real Estate” report details each owner’s total gross real estate assets, gross real estate by entity type, construction versus gross assets, and ranks the top medical real estate owners on the basis of total asset value and year-over-year growth.

The “Top 50 Owners of Medical Real Estate” report provides a summary and detailed analysis on the 50 largest U.S. medical real estate owners. Analyzed in the report are for-profit and not-for-profit hospital/health systems, as well as healthcare-focused real estate investment trusts (REITs) that make available year-end balance sheets.

Here are some highlights from the new report (all based on 2016 data):

  • The nation’s top 50 HRE owners own $355.7 billion worth of property.
  • The top 50 owners grew their real estate holdings by 7.4 percent from year-end 2015, when the total was $330.9 billion.
  • The top three HRE owners in the country remain the same as reported in 2013. In first place is Kaiser Foundation Hospitals, with $35.6 billion in gross real estate assets (up from $31.7 million in property assets in 2013); Welltower (formerly Health Care REIT) comes in second at $29 billion (up from $22.6 billion in 2013); and Ventas Inc. (takes third at $25.3 billion (up from about $20.4 billion in 2013.)
  • The top 10 entities on the list include four REITs: Welltower, Ventas, HCP Inc. and Omega Healthcare Investors; five not-for-profit health systems: Kaiser, Ascension Health, Providence Health Systems, Catholic Health Initiatives and CHE Trinity Health; and one for-profit health system: Hospital Corporation of America.
  • Of the 50 largest owners, Omega, a REIT, grew its medical real estate portfolio the fastest in 2016, to a total of $12.3 billion in gross assets at year end, up 82.3 percent from $6.8 billion in 2015.
  • Of the 50 largest owners, BJC Healthcare had the highest construction as a percent of overall real estate assets in 2016, with about $800 million in construction as of year-end, equal to 26.1 percent of its $3.11 billion in gross real estate assets.

 “Of course, the data used to compile any list of this kind is constantly changing,” Mr. Hargrave notes. “For example, the recent acquisition of most of the Duke Realty healthcare real estate portfolio by Healthcare Trust of America will have a sizable impact on the final rankings for this year. But we continue to track the data on an ongoing basis, and we’ll certainly have another update next year.”

To read the exclusive HREI™ article, please visit To access this report and even more data directly from Revista, please visit or contact Cynthia Wharton at

About Revista

Revista serves as the only, one-stop industry resource exclusively focused on healthcare real estate, nationwide.  Revista provides comprehensive, unbiased medical real estate-focused data and analysis including: detailed property-level information, local and regional market reports, national and regional construction and transactions, and healthcare industry statistics; as well as executive networking events with a focus on healthcare real estate data.

Headquartered in Maryland, Revista was founded by Elisa Infante Freeman, Mike Hargrave and Hilda Flower Martin who previously held leadership positions in a national seniors housing real estate organization with a similar mission. These Principals have decades of experience in healthcare real estate and collaborate with an industry-leading advisory board from well-known companies in healthcare real estate. For more information, please visit

About Healthcare Real Estate Insights

Launched in 2003, Healthcare Real Estate Insights (HREI) was the first and remains the only national media organization entirely dedicated to covering healthcare real estate (HRE) development, financing and investment. This monthly, national, business-to-business print and digital magazine offers sophisticated players the most comprehensive coverage in the industry available anywhere.

HREI’s other HRE sector innovations include the HREI Insights Awards (introduced in 2013), the first and only comprehensive awards program recognizing excellence in HRE development and executive leadership; the HREI Resource Guide (launched in 2008), the first and only annual directory of HRE services; and HREI’s companion website,, which has been redesigned and vastly expanded during the past four years with more than 15 years of content, including nearly 5,000 articles, news releases, property listings and other postings, and is the undisputed hub of HRE news and information.

For more information on HREI products and services, or to subscribe or advertise, please visit us at

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