Feature Story: Where is HRE development heading?
Developers discuss rising prices, dwindling yields and the ‘light at the end of the tunnel’ By John B. Mugford Although medical office building (MOB) development opportunities seem to be strong as health systems nationwide are looking to expand their networks to off-campus locations, there are complications – both pandemic-related and non-pandemic-related — making the business […]
Feature Story: What to expect in a red-hot MOB sales market
InterFace investor panel discusses the market and how firms are adjusting By John B. Mugford As the country emerges from the COVID-19 pandemic and the demand and pricing for medical office buildings (MOBs) remains as hot as ever, perhaps buyers looking for hidden opportunities might want to venture into a-once-desirable, but-now-downtrodden area: downtowns. “You know, […]
Feature Story: With MOBs in short supply, investors are widening their nets
Revista panelists also discuss why some investors are paying such high prices for MOBs By John B. Mugford By John B. Mugford Although most healthcare real estate (HRE) professionals seem to agree that the fundamentals of the business haven’t changed much due to COVID-19, the pandemic seems to have accelerated at least one previous trend: […]
Feature Story: Health system execs ponder post-pandemic plans
For third-party firms, relationships are the key to winning business, they say By John B. Mugford There is certainly plenty of speculation in healthcare real estate (HRE) about whether health systems will – as we come out of the COVID-19 pandemic – be more open to tapping into third-party firms to own and manage the […]
Feature Story: Even a ‘black swan’ hasn’t stopped HRE
InterFace panelists say the pandemic simply reaffirmed the sector’s strength By John B. Mugford For many years, a tried and true question for expert panelists at healthcare real estate (HRE) conferences has been this: “What potential concerns about this business keep you up at night?” And a common answer has been the potential for the […]
Feature Story: MOB sales slowed in Q1, but it’s still early for 2021
Revista principals share data on sales, construction, leasing and more By John B. Mugford After the medical office building (MOB) sales volume rallied in late 2020 to finish off what could be considered a surprisingly strong 2020 – considering that COVID-19 pandemic started early in the year – 2021 is not necessarily off to a […]
Feature Story: Kind words for MOBs, life sciences
ULI session praises the ‘durable cash flows’ of ‘alternative’ product types By Murray W. Wolf As part of the virtual version of the 2021 ULI Spring Meeting, the Health Care and Life Sciences Council (HCLSC) is scheduled to hold several Zoom meetings next week. But healthcare and life sciences were already being talked about this […]
Feature Story: Ambulatory growth strategies for post-COVID world
Provider execs talk about their organization’s plans during recent Revista webcast By John B. Mugford Despite initial fears that short-term pandemic-related losses would cause many healthcare providers to put capital improvements on hold, some say that can’t stand in the way of their long-term ambulatory expansion strategies – a mindset that could bode well for […]
Feature Story: Pandemic could push MOB sales volumes even higher
Panelists in Revista webcast discuss ways in which the crisis has changed deal-making By John B. Mugford Plenty has been written and said about the positive light that the COVID-19 pandemic has shed on medical office buildings (MOBs), including the fact that they have performed better and attracted interest from a wide range of investors […]
Feature Story: Outpatient HRE development dipped 9.7% in 2020
But Revista’s annual survey found that activity was still relatively strong with the remaining By John B. Mugford It looks as if the COVID-19 pandemic might have reached its tentacles into the outpatient development sector in 2020, as the amount of square footage started or completed during the year fell by about 9.7 percent from […]
Feature Story: HRE execs foresee a big year for MOBs
The pandemic put an even brighter spotlight on the product type, Revista panel says By John B. Mugford For the past several years, professionals involved in the medical office building (MOB) sector have been saying that, aside from an economic downturn or total transformation of the healthcare system, there is just one thing that could […]
Feature Story: Economist imparts positive outlook for the economy, healthcare HRE
Ryan Severino of JLL shares optimism about the economy, healthcare and HRE By John B. Mugford Unlike other past economic crises, the current one is quite different in that it is dominated by a pandemic hindering both the supply side and the demand side of the economy simultaneously. This double-edged sword has, at least so […]
Feature Story: MOB construction remains strong
Revista data also shows that third-party developers grew market share in 2020 By John B. Mugford Although many healthcare real estate (HRE) professionals correctly predicted that medical office building (MOB) sales would remain strong during the COVID-19 pandemic, they did express some concern that construction numbers would fall as providers would be forced to focus […]
Feature Story: MOB space still steady, Revista says
Sales (which topped $10 billion), construction, occupancy remain strong By John B. Mugford This might be considered a somewhat boring news lead: Most of the statistics used to reflect the state of the medical office building (MOB) sector, including occupancy, construction completions and starts, absorption of new space, the sales volume and pricing, remained steady […]
Feature Story: Sanders and Starr were a winning combination
HREI’s 2020 Lifetime Achievement Award co-winners built The Sanders Trust into one of the HRE’s sector longstanding, respected firms By John B. Mugford Early in his career in commercial real estate, Rance Sanders came up with what seemed to be a great idea for a new business. At least he thought so. “I told my […]