Feature Story: Growth markets are where it’s at for HRE
Overall population growth might matter more than growth in the 65+ segment By John B. Mugford Healthcare real estate (HRE) investors and developers are talking a lot these days about the advantages and payoffs associated with looking for and finding opportunities in “growth markets.” As Hilda Martin, a principal with Arnold, Md.-based Revista and its […]
Feature Story: MOB sales remained slow in Q2, at $1.9 billion
However, occupancies and demand remain high, Revista says By John B. Mugford Recently, a growing number of professionals involved in the medical outpatient building (MOB) transaction market have been saying that they are seeing signs that the market is picking up, or indications that it will pick up in the not-too-distant future. Yet, for now, […]
Feature Story: Providers’ latest challenge: How to meet rising demand
InterFace HRE Carolinas panelists discuss how their organizations are coping By John B. Mugford The outlook has improved for many healthcare providers recently as they have put the monumental impacts of the COVID-19 pandemic behind them and the shock of soaring interest rates and higher costs has waned a bit. But now they face a […]
Feature Story: MOB buyers are ready to buy, but…
InterFace HRE Carolinas panelists agree that sales will likely remain slow for a while By John B. Mugford “Volume is down, right? That’s why we’re here. We’re trying to figure out when (the medical outpatient building sales) volume is going to pick up again.” That’s how moderator Anthony Sardo, a director in the Capital Markets […]
Feature Story: Health execs get to quiz landlords
BOMA ‘reverse’ panel let providers ask questions of building owners By John B. Mugford Many healthcare real estate (HRE) conferences include panel discussions comprising real estate executives from prominent health systems. The idea is to allow the panelists to share their real estate strategies and, perhaps, explain what difficulties they face in trying to carry […]
Feature Story: What about the boilers?
Capital-constrained systems face competing priorities, BOMA panel says By John B. Mugford Sure, health systems throughout the country still want to build the brightest, shiniest, trophy facilities that not only attract patients but provide them with great experiences and keep them coming back. But then again, there are boilers that need to be repaired or […]
Feature Story: Playing the long game
Investment sales aren’t likely to take off again anytime soon, but healthcare real estate fundamentals remain strong 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. […]
Feature Story: Q1 MOB sales fell to a 10-year low
Construction starts are down, too, driving occupancies higher, Revista says By John B. Mugford Just how severe is the current slowdown in medical outpatient building (MOB) sales? Consider this: Four of the past five quarters, including the first quarter (Q1) of this year, were the lowest quarters for MOB sales volumes during the past eight […]
Feature Story: Time for a new type of partnership?
HRE firms, health systems should share risks and rewards, Revista panel says By John B. Mugford As he listed the numerous financial difficulties facing health systems these days – noting that the costs of running a system have increased 20 percent since 2021 while reimbursements have not nearly maintained that pace – Troy Freeman had […]
Feature Story: Rising rates, costs catch up with the MOB development market
Revista report shows project starts fell 38.8%; also lists the largest developers of 2023 By John B. Mugford Although 2022 was generally considered to be a tough year for healthcare real estate (HRE) developers – the result of rising construction costs and inflation – the amount of medical outpatient building (MOB) space started or completed […]
Feature Story: He helped establish the HRE sector
‘Retirement’ is a misnomer for MOB monetization pioneer Todd W. Lillibridge By John B. Mugford Back in 1990, a rather young man who was involved in commercial real estate decided to form a new business focused on a niche asset class that, to that point in time, really did not exist. The rest, as they […]
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, […]