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 […]
News Release: NEW CBRE VIEWPOINT OFFERS “TEN TIPS FOR HEALTHCARE PROVIDERS”
Analysis Finds Hospitals Must “Think Like Retailers” in Where/How to Deliver Care Los Angeles, April 3, 2013—Healthcare providers must begin to “think like retailers,” refocusing on site selection and creating “convenient” space for patient care delivery according to new report from CBRE. “Ten Tips for Healthcare Providers Under the Affordable Care Act” finds that healthcare systems […]
Thoughts Leaders: Healthcare still a real estate star
By Donna Jarmusz, Senior Vice President, Alter+Care No question – 2012 was the year of healthcare. In one of the most significant rulings in recent memory (perhaps since the awarding of the Presidency to George W. Bush in 2000), the Supreme Court upheld President Obama’s health care law in a nuanced interpretation of Federal versus […]
Thought Leaders: CBRE 4Q12 National Medical Office Investor Update
Despite Sequestration, More Capital Allocated to Healthcare Real Estate Despite the 2% payment reduction to Medicare providers that is scheduled to take effect April 1st as part of sequestration, more capital has been allocated to healthcare real estate than ever before. As part of the CBRE Annual Healthcare Real Estate Investor/Developer Survey, we asked 500 of […]
Thought Leaders: Jones Lang LaSalle sees hospital’s move to aggressive ambulatory care unit strategies accelerating
Focused effort leads to broader outreach and improved efficiencies CHICAGO, March 4, 2013— Healthcare reform and ongoing financial and operational pressures are having significant influence on how hospitals and healthcare systems define and execute ambulatory care unit (ACU) strategies. The cumulative effect of these influencers is a further and accelerated modification of the hub and […]
Thought Leaders: MOB Trades Set Record in Annual Transaction Volume
HAMMOND HANLON CAMP LLC Medical Office Building Quarterly Update 2012 was a record-setting year for MOB transaction volume, with nearly $5.57 billion in recorded transaction volume disclosed for the year, the highest of any year since Real Capital Analytics began tracking the data in 2002. The 2012 annual volume total was higher than the total […]
Thought Leaders: The Impact of the Affordable Care Act
By Mark Engstrom Executive Vice President, Acquisitions Healthcare Trust of America, Inc. Healthcare Trust of America, Inc. (“HTA”) is taking note of last year’s most significant events and what impact these will have upon health care delivery in 2013 and beyond. Without question, the most notable event of last year was the Supreme Court decision […]
Thought Leaders: Six healthcare real estate trends to watch in 2013
The market will see more medical office buildings designed for higher-acuity care, new uses for freestanding EDs, and more repurposing, partnerships and monetizations, according to Duke Realty INDIANAPOLIS, Jan. 23, 2013 – The healthcare industry and healthcare real estate have changed dramatically in the past several years. Healthcare reform, the recession, lower reimbursements and other […]
Publisher’s Letter: Thank you for 10 fun, exciting years
Murray W. Wolf The past decade was a great experience and we couldn’t have done it without you Dear Reader: When we launched Healthcare Real Estate Insights™ in January 2003, we were brimming with entrepreneurial zeal about the prospects for the industry and this publication. The healthcare real estate (HRE) sector seemed primed for exponential […]
How to reform reform
How to reform reform HERE ARE SOME PROVISIONS THAT NEED REVISION Dear Reader: Last month, I said that the Patient Protection and Affordable Care Act, aka healthcare reform, should be repealed – and my position stands. Repeal certainly might be attainable, considering that we now have a solid GOP majority in the U.S. House, additional […]
Guest Column: Challenge your assumptions of MOBs
Attitudes Are Changing Regarding Medical Office Building Ownership By James M. Moloney Stop a successful hospital executive on the street and ask him or her to name the most important strategies for success. Invariably, mastering physician/hospital relationships will be on the executive’s short list. Strategies that both increase physician loyalty to a specific hospital and address […]