Publisher’s Letter: New HRE strategies
Real estate is adapting to the changing industry Dear Reader: As I was sifting through some of the folders on my computer desktop recently, I came across my notes from last fall’s Bisnow Healthcare Real Estate Summit in Philadelphia. In doing so, I was reminded of a very intriguing session I had attended, broadly titled […]
Cover Story: Seeking direction
How HRE developers are responding to change By John B. Mugford Industry experts discuss the ‘new’ state of the healthcare real estate market If chaos is an appropriate way to describe the state of today’s healthcare sector, then uncertainty, with plenty of chances for good opportunities, might best convey what’s facing those involved in healthcare […]
Publisher’s Letter: Obamacare chaos
Dear Reader: As I write this, the news media is feasting on the bungled rollout of healthcare.gov, the website for the new federal healthcare exchange that was supposed to be the place where Americans could sign up for coverage. Anyone even remotely associated with the debacle is being pilloried, particularly our Commander in Chief. So […]
Industry Pulse: Forecast uncertain for Sandy-battered hospital
The last hospital to remain closed as a result of the devastation caused by Hurricane Sandy in October 2012 remains, well, unopened. And according to the latest reports, it might never open as a hospital again.
Industry Pulse: Record MOB prices not here to stay
Recent interest rate changes give pause to some investors. Despite record-high medical office building (MOB) prices, recent interest rate fluctuations show that those prices won’t be around forever. That’s according to most recent Medical Office Investor Update report from CBRE.
Industry Pulse: On the Record
Does Health Care REIT plan to sell more medical office buildings? “We can always be proactively looking to prune our portfolio, but… I think the vast majority of the significant disposition listing has been completed.” Scott A. Estes CFO & EVP Health Care REIT Will MPT make additional MOB acquisitions this year? “Our active acquisitions […]
Thought Leaders: CBRE 1Q 2013 National Medical Office Investor Update
CBRE 1Q 2013 National Medical Office Investor Update Included in this edition: • Overview of 1Q 2013 MOB Transactions • National Medical Office Cap Rate Trends • National Medical Office Sales Volume • Healthcare REITs Down, Not Out • Overview of 1Q 2013 MOB Transactions It’s widely known that REITs, as dividend generating stocks, are […]
Thought Leaders: More Traditional Healthcare Services Heading to the Mall?
CUSHMAN & WAKEFIELD, INC. DEPT. OF MARKETING & CORPORATE COMMUNICATIONS FOR IMMEDIATE RELEASE Cushman & Wakefield White Paper highlights a ‘tipping point’ whereby broad-scale ambulatory healthcare services may soon be available at a mall near you NEW YORK – June 4, 2013 – Cushman & Wakefield today released a comprehensive white paper entitled “Heading to […]
Industry Pulse: CHI slashes facility spending
If it seems like many hospitals and health systems are spending less on facilities, it’s because they are. In a new article in HealthLeaders magazine, Nick Barto, senior VP for capital finance for Catholic Health Initiatives (CHI), states that the budget for routine replacement and facility repositioning and expansion accounts for 39 percent of the […]
Thought Leaders: Providers Look to Real Estate to Create Efficiencies, Cut Costs
Marcus & Millichap Real Estate Investment Services Medical Office Research Report, National Report, First Half 2013 Within the next 10 years, healthcare reform could bring coverage to an estimated 27 million to 30 million uninsured Americans, though the final tally will depend on state-level participation in Medicaid expansion. The 65-year-plus age cohort will grow by […]
News Release: State of the Transaction Market
On April 29th, Todd Stender and Philip DeFelice with Wells Fargo Securities hosted a conference call with Chris Bodnar, Senior Vice President within the Healthcare Capital Markets Group at CBRE to discuss the state of the transaction market within the medical office building (MOB) sector. Below are some of the more-relevant questions and answers from […]
Industry Pulse: Sign of maturity: More MOB portfolio sales
Proliferation of portfolio sales indicates maturation of MOB sector Editor’s Note: This is an extended version of an article that appeared in the HREI print magazine In theory, as a real estate sector matures and grows, more and more investors with deep pockets become interested. And when large real estate investment trusts (REITs) and institutions […]
Industry Pulse: Ventas says it might invest in hospitals
It’s not all that unusual for HRE investors to own hospitals. Typically, however, those hospitals have been rehabilitation, long-term care or other specialty facilities, not general acute care hospitals. But could acute care hospitals be the next frontier of healthcare real estate investment? No lesser authority than the chairman and CEO of one of the […]
Thought Leaders: The $36 million mistake
Why hospitals and health systems need to be aware of real estate risks By Deeni Taylor, Executive Vice President, Duke Realty, and John D. Claybrook, Partner, Waller Lansden Dortch & Davis LLP Deeni Taylor John Claybrook Did you know that medical centers in Libertyville, Ill., and Detroit recently paid $36 million and $30 million in […]
Thought Leaders: Duke Realty’s perspective on opportunities in healthcare real estate
I had the opportunity to emcee the Minnesota Real Estate Journal (MREJ) 2013 Healthcare & Medical Properties Conference March 26 in the Minneapolis area. It was a great event — well-attended, with interesting speakers and panels. The keynote address was titled “Opportunities in Healthcare Real Estate” by Keith Konkoli, SVP-Healthcare, Duke Realty. Mr. Konkoli offered […]
