Revista’s Top 50 ownership report also shows inventory growth, strong construction
By John B. Mugford
It sounds like a broken record — or to be more up to date, a faulty MP3 recording.
However, once again, as has been the case for the past seven years, Oakland, Calif.-based Kaiser Permanente, the giant health insurance firm and healthcare services provider, remains the largest owner of real estate among healthcare entities in the United States, with a portfolio valued at $43.08 billion as of the end of 2019. That’s up from $40.5 billion a year earlier in 2018.
The news comes by way of the annual “2020 Top 50 Owners of Medical Real Estate” report compiled by Arnold, Md.-based Revista, a seven-year-old firm that provides healthcare real estate (HRE) data and statistics for its members.
“Kaiser keeps growing the value of its owned real estate, particularly by building new hospitals and medical office buildings,” says Revista Principal Mike Hargrave. “And it looks like they will remain on top for a number of years, unless other entities, be it a couple of large REITs or health systems, merge.”
Also for the seventh straight year,
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