Topic: Construction/Development

June 15, 2018
Hilda Martin

NYU Langone Opens Kimmel Pavilion June 24th

One of the largest projects in the Revista database is about to open on June 24th after more than a decade of careful planning and execution.
April 24, 2018
Hilda Martin

Metro Highlight – Houston

Houston is the number one metro in terms of square feet of hospital space under construction. As of the end of 2017, Houston had roughly 4.2 million square feet of hospital space under way – about a million square feet ahead of the runner up, New York.
March 14, 2018
Mike Hargrave

2018 Outpatient Development Report Now Available!

MedCraft Healthcare Real Estate was the most active developer in 2017 with a total of 8 projects and 470,000 square feet started or completed. NexCore Group was the most active for project starts and HTA Development LLC was the most active for project completions.
February 23, 2018
Hilda Martin

What Was Revista’s Most Active Metro in 2017?

Continuing focus on high medical office sales activity might lead one to wonder where all this activity is occurring. In 2017, more than 25% of sales volume was represented in only 5 metro areas. Who's leading the pack?
January 18, 2018
Mike Hargrave

2017 Development Survey Now Open Through February 9th!

The Revista/Healthcare Real Estate Insights 2017 Outpatient Development Survey is Now Open - click to participate! Healthcare Real Estate Insights and Revista have partnered to create the healthcare real estate industry's most comprehensive survey of outpatient medical construction activity.
January 8, 2018
Hilda Martin

Construction Slowing – Outpatient Deliveries Down 15% from 2016

2017 will have broken many records in terms of sales transaction activity in healthcare real estate, but it won’t in terms of new construction. Revista data is showing 3 consecutive years with a decrease in starts which is now also affecting total deliveries. Only 16.3M square feet was delivered in 2017, 15% less than the previous year's total of 19.3M.
December 5, 2017
Alan Whitson

In Southern California, Physician Visits Growing 217% Faster Than the Population

Doctor visits will increase 217.6% faster than the population in Los Angeles, Orange, Riverside, San Bernardino, and San Diego Counties. That’s according to an analysis prepared for the California Hospital, Outpatient Facilities & Medical Office Building Summit in Downtown Los Angeles on December 13.
December 4, 2017
Mike Hargrave

63 New or Replacement Hospitals Start Construction in 2017

Quick internet searches would tell you that the hospital sector is closing or shrinking due to growth in the outpatient sector. Revista data, however, paints a different picture of the hospital sector.
November 19, 2017
Mike Hargrave

Will Outpatient Growth Come from On or Off Campus In 2018?

The Revista mid-year 2017 construction report says to expect 20.9 million square feet (SF) of MOB deliveries in 2018, which would be a rise of 10% over 2016’s 19.0 MSF delivered. And overall, 64% of the MOB expected deliveries in 2018 are expected to be off campus. That is up from 54% observed in 2014.
October 25, 2017
Hilda Martin

Investor Interest Varies Greatly By Metro

...although roughly 25% of inventory is investor owned nationally, the stats vary widely by metro. Some areas are predominantly owned by healthcare providers while other areas have a significant portion, sometimes majority, of the real estate owned by a third party - whether that be a REIT, institutional fund or private investor.
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