Feature Story: ‘An authentic and genuine leader’
HRE Executive of the Year gets high praise from clients, employees and peers By John B. Mugford Chad Henderson has always been an entrepreneur at heart, as he started his first business – selling ice cream to people on their docks or in their boats – as a 16-year-old growing up in Pensacola, Fla. Mr. […]
Thought Leaders: Newmark foresees a better 2024
Promising Q3 and Q4 data bodes well for the coming year, firm’s report finds By Erin E. Porter Although last year was not the best for the healthcare real estate (HRE) business, the sector’s resiliency and strong fundamentals during the second half of the year portend hope for 2024, according to the recently released “2023 […]
Life Sciences: What are LSRE lenders looking for?
Cash-flowing, core-type assets are king these days, RevistaLab panelists say By Murray W. Wolf PASADENA, Calif. – Getting financing for a life sciences real estate (LSRE) deal was relatively easy in 2020 and 2021. Whether for acquisitions, new development or conversions – even entirely speculative projects – life sciences was red hot, and lenders lined […]
Feature Story: MOB rental rates have risen steadily
Tenants might not like it, but they recognize that landlords’ costs have increased, Revista panelists say By John B. Mugford By now, nearly everyone involved in healthcare real estate (HRE) knows that both the sales of facilities, namely medical outpatient buildings (MOBs), and new construction have slowed significantly during the past year or more. Yet, […]
Feature Story: HRE lenders are optimistic
InterFace capital markets panelists discuss the state of lending in the space By John B. Mugford As Richard “Rich” Kelley noted, “No topic has been more discussed in commercial real estate over the past 12 months or longer than the capital markets, with much of the discussion centered on interest rates and the lack of […]
Feature Story: New mantra for HRE? Do more in ‘24
Generally upbeat panelists at InterFace West say they’re seeing more activity By John B. Mugford Since the rapid run-up of interest rates from March 2022 to July 2023 rocked the capital markets and slammed the brakes on commercial real estate investment and development, frustrated healthcare real estate (HRE) professionals have frequently uttered this grim mantra: […]
Feature Story: Where are America’s HRE hotspots?
Some you might expect, others you might not, RevistaMed data shows By John B. Mugford On Jan. 24, HREI reported on the latest national healthcare real estate (HRE) statistics as compiled and presented by Arnold-based Revista during a webcast for its subscribers to recap the fourth quarter (Q4) and all of 2023. The headline grabber […]
Feature Story: Tough time to buy, but great time to own MOBs
RevistaMed data: MOB sales reached a low point in 2023; but, occupancies, rents increased By John B. Mugford Perhaps the last year or so has not been a great time to be a prospective buyer of medical office buildings (MOBs), but it certainly has been a good time to be an owner of such facilities. […]
Feature Story: A modest move toward monetizations
Some providers are becoming a bit more receptive, GlobeSt conference panelists say By Murray W. Wolf Healthcare real estate (HRE) professionals have been exhorting hospital and health system executives to monetize non-core real estate assets for at least as long as Healthcare Real Estate Insights (HREI) has been published – 21-plus years – and probably […]
Feature Story: An economic ‘soft landing?’ Unprecedented, but possible.
Economist John Chang shared his views during GlobeSt. Healthcare conference By John B. Mugford Fans of the comedy classic “Airplane” probably got a kick out of a line from the movie that economist John Chang referred to during his keynote address at the ALM/GlobeSt. Healthcare conference in Scottsdale, Ariz., in mid-December. In describing what the […]
Feature Story: Good tidings from the Fed
HREI board members are encouraged by the potential for rate cuts in 2024 By John B. Mugford With just one announcement, the outlook for the healthcare real estate (HRE) sector – and much of the business world – has changed drastically. That announcement, of course, came last Wednesday, Dec. 13, when U.S. Federal Reserve Chair […]
Feature Story: ‘Cautiously optimistic’ about 2024 HRE sales, lending market
Potential end to Fed hikes could help, as noted during Cushman & Wakefield HRE webinar By John B. Mugford A seasoned debt equity professional involved in the healthcare real estate (HRE) space is “cautiously optimistic” that 2024 will see a better lending environment than the rather “illiquid” year of 2023. “It’s really tough for banks […]
Feature Story: MOB pricing has stabilized, but deals are few
InterFace panel says buyer and seller pricing expectations have narrowed By John B. Mugford Well, it seems there is both good news, albeit a somewhat small amount, and bad news – a pretty big, significant chunk of bad news, actually – concerning the current state of medical office building (MOB) investing. The good news is […]
Feature Story: Some bright spots remain in HRE development
InterFace panelists say clients in growing markets see the need for new facilities By John B. Mugford With interest rates and construction costs on the rise, some health systems and other providers have put planned development projects on the back burner, hopefully temporarily. On the other hand, many systems and perhaps larger physician groups that […]
Feature Story: Post-pandemic growth prospects
Providers at Colliers conference talk about hardship and strategies By John B. Mugford Coming out of the COVID-19 pandemic has been difficult for health systems and providers of all types, with growth taking a back seat to survival. “If you look back at the 2020 to 2022 timeframe, it was kind of slow for us […]