Trends in medical office building cap rates, pricing, competition, capital, construction costs and more will be examined at InterFace Healthcare Real Estate in Dallas Sept. 14
MINNEAPOLIS and DALLAS, Sept. 8, 2017 – The only constant in healthcare real estate (HRE) is change, so it makes sense for HRE professionals to stay well informed about those changes and how they affect their organizations. Toward that end, the 9th annual InterFace Healthcare Real Estate Conference will be held Sept. 13-14 at the Westin Galleria Dallas to provide informative panel sessions and networking opportunities for industry leaders.
Kicking off the second day of the event, Murray Wolf, Publisher of Minneapolis-based Healthcare Real Estate Insights™ magazine, will moderate an expert panel titled “State of the Market: With ACA Reform/Repeal in the Rearview Mirror, What’s the Outlook for 2018 and Beyond?” The panel is scheduled for 8:30 a.m. Thursday, Sept. 14.
The panelists are scheduled to include:
- Lee Asher, CBRE;
- PJ Camp, Hammond Hanlon Camp;
- Darryl Freling, MedProperties Holdings;
- Dan Klein, Physicians Realty Trust; and
- Danny Prosky, American healthcare Investors and Griffin-American Healthcare REIT III.
“Healthcare reform has been one of the most significant factors affecting the healthcare real estate space in recent years,” Mr. Wolf says. “Now, our panel at the InterFace Conference will help attendees to understand the immediate and potential impact of the recently stalled ‘repeal and replace’ efforts in Washington.
“We will also be addressing several of the other hottest topics in the HRE space.” Some of those include:
- Medical office building (MOB) capitalizations rates, pricing and demand: Were recent large medical office building (MOB) portfolio acquisitions at sub-5 percent cap rates unique or are they a sign of a new, lower benchmark for MOB cap rates? Have MOB prices peaked? Is demand still strong despite regulatory uncertainty?
- New players and new capital in the HRE space, including mainstream commercial real estate firms and foreign capital: Are capital sources new to the HRE space simply “kicking the tires” or actually investing? Are there enough operating partners and enough product to satisfy growing investor demand?
- Rising construction costs: Construction costs have already been on the rise, squeezing already thin yield spreads for some new HRE developments. How will the sector manage through the additional construction cost increases likely to result from spiking demand in areas that have suffered recent hurricane damage? “We have some significant opportunities and challenges to discuss, so I can’t wait to hear what our panel of experts has to say,” Mr. Wolf says. “It should be a compelling and informative session.”
(Please see Fact Sheet below for additional details about the moderator and the panelists.)
About the InterFace Healthcare Real Estate Conference
More than 350 attendees are expected at the 9th annual InterFace Healthcare Real Estate Conference, a national information and networking event to be held Sept. 14 at the Westin Galleria in Dallas. Attendees will include representatives from hospitals and healthcare systems; real estate owners/investors/developers, lenders and financial intermediaries; leasing, management and operations specialists; and others allied to the healthcare real estate industry. The event will focus on investment, development, financing and how ongoing changes in healthcare, such as the growth of a more consumer-facing delivery model, are impacting healthcare and medical office real estate usage and strategies. The conference also will include discussions of the Patient Protection and Affordable Care Act (PPACA), including ramifications for the healthcare industry and medical office building real estate.
For more information about the InterFace Healthcare Real Estate Southwest Conference, please visit interfaceconferencegroup.com.
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, HREInsights.com, 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 HREInsights.com.
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