Topic: Construction/Development

August 3, 2016
Hilda Martin

Small Towns Breaking Ground on Big Medical Projects

Three 300-million-dollar hospital projects have broken ground in the last two months – and they’re outside the top 100 metros. These projects are large in scale and bring in national firms to design and manage construction.
May 26, 2016
Hilda Martin

3 Hot Construction Markets

We often show in our reports and presentations the metros that have the most MOB construction activity. Frequently this ends up being the usual suspects - New York, Chicago, Los Angeles etc. and this is simply because these are the largest overall markets so they will tend to have more space being built. To broaden the spectrum, let’s take a look at metros that are the most active in comparison to their existing inventory.
February 29, 2016
Mike Hargrave

FREE WEBINAR: THE OUTLOOK FOR THE MEDICAL REAL ESTATE SECTOR

2015 was a banner year for medical real estate. Transactions were at an all-time high, construction and development grew and fundamentals are near cyclical highs. We invite healthcare executives to join us for this informative, data-driven webcast in which Revista will provide an overview...
February 29, 2016
Mike Hargrave

Medical Real Estate Construction Pipeline at $97.1 Billion – 10 Insights from Revista’s US Construction Report

Overall, Revista reports the total construction pipeline at $97.1 Billion at year end 2015; this is up 12% from $86.7B during the first half of 2015.
February 2, 2016
Mike Hargrave

Expect 2016 to be a BIG year for MOB completions…

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...
December 2, 2015
Mike Hargrave

Medical Construction is in Every State

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!
September 24, 2015
Mike Hargrave

Breaking Ground in Medical Real Estate

The new Mercy Medical Arts Building in Miami is now under Construction. The new 116,000 square foot MOB will be located on the campus of Mercy Hospital, a 1.5 million square foot hospital owned and operated by HCA.
August 31, 2015
Mike Hargrave

Over 16 Million Square Feet of MOB Space Scheduled to Complete in 2015

there are over 16 million square feet (SF) of MOB space scheduled to complete in 2015. This comprises over 280 MOB properties and over $6.6 Billion of construction value...
August 14, 2015
Hilda Martin

A Quick Analysis of Major vs. Minor Markets

I’ve received a number of questions about MOB construction activity in tertiary markets and am curious about this area myself! Most of the information that circulates is about major metro areas – but what about the rest of the country?
April 21, 2015
Mike Hargrave

The Revista Pipeline: Medical Office Construction Projects

Bethlehem Township commissioners recently approved plans submitted by St. Lukes to build a 2nd medical office building (MOB) on their Anderson Campus in Easton, PA
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