The graph below shows completions (expected for 2016) for Hospital and MOB projects. As a reminder, Revista tracks projects that are new, adding space/beds, are greater than 7,500 square feet and $5M in value. When applying these filters we can see...
Revista diamond partner, Healthcare Trust of America, Inc. (NYSE: HTA) announced January 5 that it has named Dan Klein to the newly created position of Executive Vice President of Business Development. Mr. Klein will report directly to the Company’s Chairman and CEO, Scott D. Peters. In this role, Dan will help drive HTA’s investment activities with a primary responsibility for growing HTA’s strategic relationships with health systems, academic medical centers, universities with a healthcare focus, physicians and regional developers.
We are happy to announce that two additional industry experts have joined our distinguished Advisory Board - Kevin Kirn, Vice President - Business Development for Welltower (formerly Health Care REIT) and Scott F. Selig, Associate Vice President for Capital Assets and Real Estate for Duke University & Duke University Health System.
“Until two years ago, there was no comprehensive national awards program focusing on the real estate stories and strategies behind successful projects,” explains HREI Publisher Murray W. Wolf. “As the healthcare real estate sector and HREI™ have grown and prospered during the years, this level of industry recognition was long overdue.”
Mr. Wolf added, “It’s really been a pleasure celebrating the remarkable achievements of a select group of HRE professionals through this awards program. Our live awards ceremony is one of the highlights of our year.”
The HREI Insights Awards™ are the only national awards totally dedicated to recognizing excellence in the areas of healthcare real estate development and executive leadership. The 2015 HREI Insights Awards™ were presented during the RealShare Healthcare Real Estate Conference in Scottsdale, Ariz., December 3rd in nine categories as follows:
The hospital real estate sector has been gaining favor with investors in 2015. We have seen two high profile deals – the $1.75B
Did you know that Revista tracks medical real estate construction? Yes, it does track both Hospital and Medical Office construction across the United States. We finished the initial count of projects in early 2015 and while every state and market is different, the one thing all states have in common is that they all have medical real estate construction going on! The graph below tracks the value of hospital and medical office projects that are either under construction or approved and late in the planning process. It represents both public and private construction. Overall, according to the Revista first half 2015 construction report, there is over $86 Billon of such construction across the US. California and Texas lead the nation with $11.8 Billion and $7.7 Billion, respectively. Check out the graph below to see how your state stacks up!