Feature Story: MOB sales are off to a hot start: $3.8 billion in Q1 2022
It will likely be the biggest quarter ever by the time all the data is in, Revista says By John B. Mugford The year 2021 got off to what could certainly be described as a lackluster start in terms of medical office building (MOB) sales. In fact, the first quarter (Q1) of 2021 saw an […]
Feature Story: Third-party development continued to grow in 2021
Revista annual report showed a strong year overall; HTA was the largest developer By John B. Mugford As it’s done for the past five years, healthcare real estate (HRE) data firm Revista has compiled an outpatient development report from provides a ranking of the largest (by square footage) third-party HRE developers of the previous year. […]
Feature Story: U.S. economy: shaking off the shocks
Despite some ‘strange days indeed,’ economist Sam Chandan sahred a mostly upbeat assessment during Revista’s 2022 medical real estate conference By John B. Mugford In John Lennon’s renowned song “Nobody Told Me,” the legendary singer and musician sang the famous line, “Strange days indeed … strange days indeed.” In introducing a well-known economist during a […]
Feature Story: Good news abounds in HRE sector
Revista reports record MOB sales; construction, absorption are also on the rise By John B. Mugford At a time when U.S. and international headlines have been full of bad news, there seems to be nothing but good news to report about the healthcare real estate (HRE) space. To start with, medical office building (MOB) sales […]
Feature Story: How to get by as a buyer in today’s high-priced market
InterFace West panelists share their thoughts on how they’re finding opportunities By John B. Mugford LOS ANGELES – As more and capital, including that from large and institutional investors, continues to flood into the healthcare real estate (HRE) acquisitions markets, it’s become more and more difficult for buyers to find opportunities, especially medical office buildings […]
Feature Story: 2021 to break MOB sales record
Volume will top $16 billion when Revista discovers, adds up the year’s final transactions By John B. Mugford Total medical office building (MOB) sales volume last year is likely to surpass $16 billion, breaking the previous record of $15.6 billion, set in 2015. That’s according to Arnold, Md.-based Revista, a healthcare real estate (HRE) data […]
Feature Story: Headwinds aside, the economy and HRE sector look strong
John Chang, MMI’s director of research, shares his forecast for 2022 and beyond By John B. Mugford SCOTTSDALE, Ariz. – For a number of years now, executives with leading firms in the healthcare real estate (HRE) sector have tried in vain to predict whether the historically low interest rates of recent years will be on the […]
Feature Story: HRE exec of the year joins elite list
Chip Conk has led Montecito to become one of the largest private MOB owners By John B. Mugford Shortly after he received the 2021 Healthcare Real Estate (HRE) Executive of the Year Award Dec. 1, Edward W. “Chip” Conk, the CEO of Nashville, Tenn.-based Montecito Medical Real Estate, told the large audience at the awards […]
Feature Story: Business partners extraordinaire
Bond Oman, Tom Gibson are co-recipients of the HREI Lifetime Achievement Award By John B. Mugford SCOTTSDALE, Ariz. — As is often the case with successful business partners, Tom Gibson and Bond Oman brought very different strengths to the table in running their healthcare real estate (HRE) firm, which started while both were working in […]
Feature Story: These winners powered through the pandemic
The 2021 HREI Insights Awards recipients overcame unique challenges By John B. Mugford The 2021 HREI Insights Awards, which recognize excellence in healthcare real estate (HRE) development and executive leadership, were presented Dec. 1 during the GlobeSt Healthcare Real Estate Conference at the Fairmont Scottsdale Princess in Scottsdale, Ariz. After the awards were “presented” virtually […]
Feature Story: Mega deals, micro cap rates and new investment platforms
BOMA ‘Notable Transactions’ panel takes a closer look at some headline-grabbing deals By John B. Mugford So far, the year 2021 – a year in which healthcare real estate (HRE) has been elevated to unprecedented heights in the eyes of investors – has undoubtedly produced some notable acquisitions and deals in the medical office building […]
Feature Story: Investors are flocking to the MOB/HRE space
BOMA panel takes a closer look at growing investor demand, rising prices for the asset type By John B. Mugford Currently in the growing and highly visible medical office building (MOB) space, a couple of questions seem to be garnering most of the attention. One of those is: Will the influx of new capital, including […]
Feature Story: CEOs share insights into JVs, pricing, running an HRE firm
Leaders of Rendina, Cornerstone and Welltower comprised a panel at BOMA MOB conference By John B. Mugford If there was an overriding theme to this year’s three-day BOMA MOB conference, which wrapped up Nov. 3 in Dallas, it was how so much new capital, including that from a wide range of institutional investors, has flooded […]
Feature Story: Lending in the HRE sector remains as active as ever
With systems expanding their outpatient networks and rates low, lots of debt is being issued By John B. Mugford Although there is a strong imbalance between supply and demand in the medical office building (MOB) acquisitions market, plenty of transactions are taking place and lenders are ready to provide loans for deals that make financial […]
Feature Story: Cash-strapped health systems? Not exactly…
Pandemic pressures haven’t prompted more third-party development, as some had hoped By John B. Mugford A few months after the onset of the COVID-19 pandemic, there was a notion in healthcare real estate (HRE) that the crisis would actually provide more opportunities for HRE developers to finance and own projects. The reason? Because the country’s […]
