Industry Pulse: Some Markets Continue to See Needs for New Beds
Acute care hospital construction is booming in Las Vegas and parts of southern Nevada Reports about dwindling demand for hospital beds nationwide is most likely an accurate prediction, but some parts of the country continue to see a need for new beds.
Industry Pulse: On the Record – Barry Weinbaum
Will there be many multi-tenant MOBs developed in the years to come? “I think the multi-tenant building is pretty much a dinosaur… We did a building two years ago for a Tenet hospital in Los Alamitos, which is probably going to be our last multi-tenant building… I think it will be replaced by hybrid buildings […]
Industry Pulse: Real Estate Boosts Steward Rebound
Real estate, technology and an ACO help system save big When Cerebus Capital Management formed Steward Health Care in 2010 to acquire six hospitals that were part of Caritas Christi Health Care, four of the facilities were suffering significant losses. Although Boston-based Steward faced financial difficulties, it has invested more than $850 million into facilities, […]
Industry Pulse: Crowdfunding is being used to raise funds to invest in medical office buildings (MOBs). iStock
Crowdfunding website raises funds to invest in U.S. MOBs You’ve probably heard of “crowdfunding” or “crowdsourcing.” That’s when someone funds a venture by raising small amounts of money – often just a few dollars per person – from many investors, usually online. Kickstarter and similar websites have raised funds for everything from business startups to […]
Industry Pulse: On the Record – Danny Prosky
What are your investment goals regarding different product types?
Industry Pulse: Everyone seems to have their eye on this sector
What does healthcare real estate have to do with the oil and gas industry? Read on. Those of us who have been involved in healthcare real estate (HRE) for a decade or more can remember a time when most investors didn’t give the HRE sector the time of day. Today, it seems like a new […]
Industry Pulse: Freestanding ECs Gaining Their Own Lobbyists
Whenever a new idea or product disrupts the status quo, regulation is sure to follow. This looks to be the case with the growing freestanding emergency center (FEC) sector, which is coming under scrutiny from hospitals and health systems, some of which operate their own FECs, and state and federal governmental bodies.
Industry Pulse: B2C is the Future of the Healthcare Biz
But is the sector ready? At least one well-known healthcare thought-leader and economist believes that some sector players are missing the point about the challenges they face – and how to do deal with them.
Industry Pulse: On the Record – William Pugh
Why did you at PinnacleHealth decide to monetize some real estate? “As I looked at our financial position, our capital capacity to execute on that growth strategy, one of the things that came to mind at that time was the potential for a monetization of some of our real estate assets. That started the process […]
Industry Pulse: Ventas buying hospitals, spinning off new SNF REIT
Ventas Inc. is not only the country’s largest healthcare REIT, it’s also an HRE trend-setter In the past year, Debra Cafaro, CEO of the healthcare real estate investment trust (REIT) Ventas Inc. (NYSE: VTR) has indicated that the firm that has long concentrated on investing mostly in senior housing and medical office buildings (MOBs) would […]
Industry Pulse: DOC REIT continues its acquisitive ways
Physicians Realty Trust is not averse to single-asset deals Most large, publicly traded healthcare REITs prefer to acquire their MOBs in bulk, Buying large portfolios “moves the needle” more for the big REITs, puts their money to work in a more efficient manner, and eliminates some of the duplications involved in acquiring a myriad of […]
Industry Pulse: On the Record
What has been the effect of the surge in healthcare M&As on your portfolio? “We’ve had great leasing momentum in our portfolio as our occupancy is up, and about 50 percent of our new leasing was solely the result of systems already in our portfolio expanding their suites. So we’re seeing bigger tenants and better […]
Industry Pulse: Micro Hospitals: What’s the Big Idea?
Micro hospitals include urgent care, EDs and inpatient beds. Healthcare providers are exploring every possibility these days when it comes to healthcare real estate (HRE) product types that can support delivery models that improve quality, increase efficiency, reduce costs, provide more convenient patient access and expand market share.
Industry Pulse: Hurricane Sandy Opens Door To Outpatient Plan
Apparently not even a hurricane can stem the tide toward an outpatient delivery model. Three years after Hurricane Sandy devastated parts of the East Coast, the owner of a shuttered hospital just outside of New York City has announced that the facility could eventually be reconstructed, but not as an inpatient facility.
On the Record: Why is there growing demand for outpatient medical facilities?
“As healthcare systems focus on their clinical and operational strategy, they are challenged with how to use and leverage real estate to be more effective… Healthcare systems are shifting care to the lowest-cost setting. This is generating greater demand for clinical space in outpatient and retail settings. These trends are already affecting real estate strategy […]
