Cover Story

Atria Valley View is a Ventas-owned, LEED Silver-certified 
independent and assisted living community in Walnut Creek, Calif.
Photo courtesy of Atria Senior Living

Cover Story: Hail to the REITs

Public HRE trusts control growing share of $1 billion market By John B. Mugford In the $1 trillion universe that is healthcare real estate, real estate investment trusts (REITs) certainly compete with each other when it comes to acquiring desirable properties, gaining name recognition and attracting investors. But it also looks as if the two […]

Cover Story: Black Friday for healthcare? How retail clinics are influencing real estate strategies

By Murray W. Wolf CVS is aggressively opening new MinuteClinics nationwide. Walgreens Healthcare Clinics have moved beyond low-level primary care into disease management. Target recently announced a retail clinic partnership with Kaiser Permanente – Kaiser’s first. And Walmart just opened several new retail clinics with an “everyday low price” of $40 per visit – or […]

Cover Story: Who are the largest owners of healthcare real estate?

Cover Story: Who are the largest owners of healthcare real estate?

Revista has compiled a list of the top 50, and the answers might surprise you By John B. Mugford Who are the largest individual owners of healthcare real estate (HRE) assets in the United States? As you pondered the question, the first organizations that popped into your mind might have been the largest publicly traded […]

The Frederickson Outpatient Center, a 69,437 square foot on-campus facility in Mechanicsburg, Pa., is part of ARC Healthcare Trust II’s recent and ongoing purchase from PinnacleHealth.
(Photo courtesy of H2C)

Cover Story: ARC II lands big deal from Pa. system

Non-traded REIT paying $174.1 million for eight-building PinnacleHealth portfolio By John B. Mugford As health systems continue to face financial pressures and myriad other demands in the era of healthcare reform, many real estate professionals expect at least some of them to tap the capital locked into their property holdings. It’s not that the leading […]

Cover Story: New York state of mind

Cover Story: New York state of mind

How Big Apple-based providers see the healthcare real estate market – and what that might mean for the rest of us By John B. Mugford Needless to say, any doctor who has been involved in providing medical care for a number of decades has watched the business get turned on its head in recent years. […]

Mission Health at Biltmore Park in Asheville, N.C., is a good example of how health systems are locating outpatient services in easy-to-access, retail-area locations. The 34,469 square foot facility opened in June and sits amid a collection of restaurants, shops and residences that comprise Biltmore Park Town Square. The medical facility, owned and developed by The Keith Corp. of Charlotte, N.C., is home to Asheville-based Mission Health primary care and diagnostic imaging services.
(Photo courtesy of The Keith Corp.)

Cover Story: Development on the mend

Rising demand for outpatient space is fueling the rebound By John B. Mugford As Philip J. “PJ” Camp puts it, healthcare development “fell off a cliff” back in 2009. That cliff, as it’s turned out, has been quite difficult to re-climb, as the number of annual healthcare real estate (HRE) projects has remained relatively flat […]

Cover Story: Hungry for growth: Healthcare REITs  are gobbling up their competitors

Cover Story: Hungry for growth: Healthcare REITs are gobbling up their competitors

Public REITs are gobbling up healthcare real estate – and each other – as they angle to grow their portfolios. Ventas is poised to shore up its position as the biggest fish in the HRE pond, but other REITs are also casting about for ways to move up the food chain. By John B. Mugford […]

A recent BOMA MOB conference panel included (from left to right): Jeff Cooper of Savills, Tony Helton of Cleveland Clinic, David Johnson of BMO Capital Markets, Vince Cozzi of Ventas and moderator Peter Volas of Cleveland Clinic. Photo courtesy of BOMA

Cover Story: Should systems monetize hospitals?

Selling MOBs is common, BOMA panel notes, but what about inpatient buildings? By John B. Mugford In healthcare real estate (HRE), there’s an untapped gold mine of properties awaiting investors who can figure out how to obtain them: acute care hospitals. Therein lies the difficulty, however, as the holders of more than 85 percent of […]

The proposed 18.7-acre oneC1TY campus in Nashville is slated to include medical office buildings like the one shown above. Will the future of HRE include more master-planned healthcare, life science and technology campuses like this one? (Rendering courtesy of oneC1TY, Cambridge Holdings Inc. and ESa Architects)

Cover Story: Forecasting the future

Industry experts discuss the outlook for the healthcare real estate sector By John Mugford To say that healthcare real estate has come a long way in recent years would be a bit of an understatement. All one has to do to illustrate such a point is to peruse the list of sector investor types – […]

Cover Story: When is a hospital not a hospital?

Perhaps when it’s a ‘re-admit facility’ designed to avoid readmission penalties As health systems prepare further for the Patient Protection and Affordable Care Act (PPACA), they must figure out ways to avoid certain potential penalties assessed for excessive readmissions to their hospitals. One member of the audience at InterFace Healthcare Real West 2014 asked a […]

Cover Story: Looming over the real estate landscape: Health system executives discuss the ongoing effects of the PPACA on the HRE sector

Cover Story: Looming over the real estate landscape: Health system executives discuss the ongoing effects of the PPACA on the HRE sector

Health system executives discuss the ongoing effects of the PPACA on the HRE sector By John Mugford As if providers aren’t facing enough pressures with the changing of the whole delivery model paradigm, healthcare reform has thrown even more complications at them. The Patient Protection and Affordable Care Act (PPACA), which was enacted into law […]

Cover Story: A look ahead

Cover Story: A look ahead

Some of the HRE sector’s leading professionals weigh in on the year to come By John B. Mugford The first part of 2014 brings with it myriad questions regarding the nation’s healthcare industry. Subsequently, that also means that questions abound concerning healthcare real estate (HRE), even though our unscientific poll finds that most professionals involved […]

Cover Story: Development: More activity, but who will own the MOBs?

By John B. Mugford The number of newly developed MOBs has held steady in recent years, with about 7 million to 8 million square feet completed in 2012 and 2103, according to a number of sources. But even though most HRE professionals do not believe that the enrollment of newly insured patients under the PPACA […]

Cover Story: MOB sales: What’s next after a record-setting 2013?

By John B. Mugford As most people involved in the sector know by now, 2013 was a record year for medical office building (MOB) sales. Data from Real Capital Analytics Inc., a real estate research firm, indicate that more than $6.5 million worth of MOBs traded hands in 2013, a total that includes only transaction […]

The reception area of 95 Crystal Run Road in Middletown, N.Y., which was part of the $141 million Crystal Run MOB portfolio. (Photo courtesy of Raymond James)

Cover Story: Buyer gets a warm reception

Physician group welcomes $141 million sale-leaseback By John B. Mugford Medical group tenant was big driver in six-building MOB portfolio deal     Since its founding 17 years ago, a physicians’ group in the mid-Hudson Valley area of New York has built itself into one of the leading independent, multi-specialty physician practices in the United States. […]