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Feature Story: Revista’s top outpatient developers of 2018 are…

Anchor Health Properties led in two categories, with PMB topping the other

NATIONWIDE — The rankings of the top outpatient healthcare real estate (HRE) developers in 2018 are complete, as Maryland-based Revista has released the results of its third annual development report.

The company, which focuses on thoroughly compiling and disseminating data concerning the HRE sector for its subscribers, recently issued its third annual Outpatient Healthcare Real Estate (HRE) Development Report. Also known as the Revista development survey, the report was compiled in collaboration with Healthcare Real Estate Insights (HREI), a Minneapolis-based media organization solely dedicated to covering news and trends in healthcare facility development, financing and investment.

The objective of the report is two-fold: To report on the amount of development of HRE outpatient facilities, generally referred to as medical office buildings (MOBs); and to determine the top third-party development firms from the previous year, in this case 2018.

In a previous article (please see “MOB development remains on its steady course,” from the 2019-20 HREI Resource Guide), we shared Revista’s data on the overall volume of outpatient development that took place last year. In that article, we noted that 2018 saw a slight drop in the number of new medical office buildings (MOBs) and other outpatient facilities completed when compared to the two previous years. However, the year did see an increase in square footage and aggregate MOB project values nationwide when compared to 2016 and 2017.

As for the top developers of 2018, Charlottesville, Va.-based Anchor Health Properties, a more than 30-year-old firm that has accelerated its growth in development, acquisitions and management in recent years, was tops in two categories: “Projects Started” and “Projects Started or Completed.”

In the other category, “Projects Completed,” the top developer was San Diego-based PMB, another longstanding HRE firm with roots dating back to the early 1970s.

Concerning its performance in 2018, Anchor Health Properties registered

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