NGKF handled the 2013 sale of Aliso Viejo (Calif.) Medical Center for about $15 Million
Photo courtesy of NKGF
What were last year’s top 10 trends in healthcare and HRE? Here’s one firm’s view.
Commercial real estate firm Newmark Knight Grubb & Frank’s Global Healthcare Services Team recently published a list of its top 10 healthcare trends of 2013:
1. Significant M&A activity between hospitals and providers
2. “Deconstruction of the hospital” to off-campus outpatient centers
3. New development of “super clinics” anticipating 32 million new patients
4. Emphasis on community-based urgent care rather than emergency room
5. LEED certifications – incorporation of Lean architecture principles to create efficiencies and maximize patient “through-put”
6. Real estate became relevant to hospital executives, with a focus on cost containment and utilization
7. Lease rates have stabilized and increased in some markets
8. Capitalization rates for MOB sales have compressed, up to 100 basis points in 2013 over 2012
9. MOB sales volume was slightly lower than 2012
10. MOB’s emerged as one of the dominant “risk-averse” investments
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
