Industry Pulse

Industry Pulse: On the Record - Bruce Henderson and Eric P. Meinkow

Industry Pulse: On the Record – Bruce Henderson and Eric P. Meinkow

Industry Pulse: Michigan Tax Case Being Closely Watched

Industry Pulse: Michigan Tax Case Being Closely Watched

Decision on Spectrum Health appeal could have big impact A successful appeal by Spectrum Health to win tax-exempt status for a medical office building (MOB) in Grand Rapids, Mich., could spur similar cases across Western Michigan – and perhaps beyond.

Upstart companies like Doctor On Demand are providing remote, real-time healthcare services including virtual doctor visits. Photo courtesy of Doctor on Demand

Industry Pulse: On-Demand Healthcare Predicted to Quadruple

New Accenture research finds that nearly $1 billion per year will be invested by 2017 It’s perhaps a healthcare real estate (HRE) professional’s worst nightmare: healthcare that doesn’t require real estate.

Industry Pulse: On the Record - Jon Wiegand

Industry Pulse: On the Record – Jon Wiegand

How can local providers optimize the positioning of their practice?

Industry Pulse: On the Record - Glen Perkins

Industry Pulse: On the Record – Glen Perkins

Are you seeing much speculative HRE development these days?

Dr. Steven Klasko says that urgent retail care will be a growth area in the coming years. HREI photo

Industry Pulse: ‘We’re Still Going to Need Buildings’

But system CEO says those buildings will need to change As noted in the article to the far left, on-demand healthcare and other innovations are changing the industry, potentially reducing the need for some types of healthcare real estate (HRE). But there’s no need for HRE professionals to panic.

Industry Pulse: HRE Leasing Market Will Tighten Further in 2016

Industry Pulse: HRE Leasing Market Will Tighten Further in 2016

Increasing demand and falling construction might be a positive for current MOB landlords. Although medical office building (MOB) construction, occupancies and rental rates still haven’t returned to pre-Great Recession levels, a first quarter (Q1) 2016 decline in construction has helped to improve occupancies and rents, according to the “U.S. Healthcare Real Estate Outlook 2016” report […]

Industry Pulse: Top Developer List Harder to Come By

Industry Pulse: Top Developer List Harder to Come By

Have you seen the new rankings? Neither have we. Most healthcare real estate (HRE) professionals probably subscribe to Modern Healthcare magazine. We do. There isn’t much real estate coverage, but the weekly magazine helps us to stay abreast of the major trends in the healthcare industry.

Industry Pulse: On The Record - Trask Leonard

Industry Pulse: On The Record – Trask Leonard

Who is currently looking to buy medical facilities in San Francisco and the Bay Area? “We’re seeing a lot of private investors, as there is a lot of accumulation of wealth in the technology sector. I have many people who talk to me and say, ‘I don’t know what to do with my money. Help […]

The 348,000 square foot Life Science Plaza at the Texas Medical Center in Houston has a market value of nearly $140.3 million. Photo courtesy of LoopNet.com

Industry Pulse: High-Value Houston MOB Recently Recapitalized

Alaska Permanent Fund Corp. and CS Capital Investment are the new investors in the MOB. Recapitalizations typically don’t garner headlines on a par with sale transactions. But when the recapitalized asset is undoubtedly one of the nation’s most valuable medical properties, that is worth some ink.

Welltower Inc. has more than 250 MOB rooftops that could be sites for wireless communications infrastructure. Photo courtesy of Vertical Bridge

Industry Pulse: Coming to a (MOB) Rooftop Near You?

Welltower cell tower? Maybe. But roofs are a higher priority. Although some healthcare real estate investment trusts (REITs) are selling a few “non-strategic assets,” at least one has found a way to generate incremental revenue without parting with any properties.

Industry Pulse: On the Record - Erik Tellefson

Industry Pulse: On the Record – Erik Tellefson

How would you characterize the current lending market for MOBs? The MOB lending market is “extremely active and the atmosphere is pretty strong. Spreads are good, interest rates are relatively low compared to the past markets and we have plenty of money for medical buildings… Our spreads have remained relatively disciplined to the leverage of […]

Managing the acquisitions made by a series of Griffin-American healthcare REITs, such as the three-story, 45,000 square foot Sylva (N.C.) MOB (above), has made American Healthcare Investors one of the largest managers of healthcare real estate. Photo courtesy of AHI

Industry Pulse: AHI Founders Commit to Investing in Latest REIT

Execs to invest 100% of AHI compensation in new Griffin-American Healthcare REIT IV American Healthcare Investors (AHI) LLC announced March 4 that its three founding principals – Jeff Hanson, Danny Prosky and Mathieu Streiff – along with the company’s executive VPs, have agreed to invest 100 percent of their AHI compensation into common stock of […]

Construction of the delayed VA replacement medical center in Aurora, Colo., is now  progressing toward a 2017 opening. Photo courtesy of U.S. Army Corps of Engineers

Industry Pulse: VA Plans No Further Action In Colorado

Those deemed responsible have already been reassigned Noting that the executives responsible for the delays and cost overruns at its Aurora, Colo., replacement hospital campus have already left their positions, the U.S. Department of Veterans Affairs (VA) recently announced that “no additional adverse personnel actions will be taken.”

Ambulatory care centers with a wide range of services, like this 80,000 square foot project Duke Realty is developing for Centegra Health in Huntley, Ill., are another major trend, the firm says. Rendering courtesy of Duke Realty

Industry Pulse: Site Neutrality Among Top HRE Trends for 2016

Duke Realty also expects more construction and more consolidation, among other things The five biggest healthcare real estate (HRE) trends this year are increasing construction, ongoing consolidation, site neutrality, continued design innovation and a renewed focus on property management. That’s according to a new white paper from Keith Konkoli of Duke Realty (NYSE: DRE).