New RevistaMed data reveals a rise in both sales and development
By John B. Mugford

The “By the Numbers” session at the Revista MREIF Feb. 3 included (from left to right): Hilda Martin of Revista, Ben Ochs of Anchor Health Properties, Erik Hill of Partner Valuation Advisors, Griffin Torres of IRA Capital and Mike Hargrave of Revista. (Photo courtesy of Revista)
This might be the news we’ve been waiting for.
One year ago, at the Revista Medical Real Estate Investment Forum (MREIF) in Palm Beach Gardens, Fla., the Revista team reported that healthcare real estate (HRE) activity had remained “muted” during the previous year, continuing a two-year downward trend in both sales volume and the amount of project starts.
However, at last week’s 2026 Revista MREIF at the Terranea Resort in Rancho Palos Verdes, in the Los Angeles area, the Revista team told a different story: There was a steady increase in construction starts throughout 2025, and a spike in sales volume during the fourth quarter (Q4).
Arnold, Md.-based Revista provides a wide range of HRE research and data for its subscribers through its RevistaMed service. Revista principals Mike Hargrave and Hilda Martin presented highlights from the latest data during the opening session of the firm’s annual conference, held Feb. 3-4 and attended by 500 sector professionals.
Titled “By the Numbers,” the kickoff presentation also included a guest panel of three industry professionals who shared their insights on the data presented. The panelists were:
■ Erik Hill, managing director with Torrance, Calif.-based Partner Valuation Advisors;
■ Ben Ochs, CEO of Charlottesville, Va.-based Anchor Health Properties; and
■ Griffin Torres, senior VP with Irvine, Calif.-based IRA Capital.
MOB sales soared during Q4
Ms. Martin and Mr. Hargrave began by sharing data that underscores the strong fundamentals of the HRE sector, particularly medical outpatient buildings (MOBs). They noted that MOB occupancy rates have
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