In recent weeks we've seen significant volatility in the stock market along with increasing fears of a recession. After all, this is now the longest market expansion in history. It can't continue forever, right? MOBs have long been considered somewhat insulated from market shifts - but what does the data say?
Supply/demand and Rent trends will begin appearing in Revista’s products which will enable subscribers to better analyze macro market risks and opportunities.
Medical office sales in 2018 remained vibrant as cyclical real estate investment trends drove investor interest to stable income-producing properties such as healthcare with strong and long-dated tenancy. 2018 activity reinforced the acceptance of medical office coming out of the shadows of alternative investments.
2019 is expected to be a big year in terms of hospital project completions and the Sutter CPMC campus on Van Ness and Geary in San Francisco, opening Saturday, March 2nd, is one of the largest deliveries.
It is now focused, he said, on investing in healthcare facilities that are “modern, efficient, technologically advanced and sensitive to the environment.”
Welltower does remain committed to the post-acute sector, Mr. DeRosa said in San Francisco, adding that it plans to help “redefine” that industry. It has, in fact, acquired billions of dollars of the property type in the last year or so.
When we at Healthcare Real Estate Insights learned that gaining LEED certification from the U.S. Green Building Council is no longer a widespread goal for healthcare facilities and MOBs, we decided to ask a healthcare architect about the current status of “green” design trends.
This unassuming market is number 2 in terms of outpatient building deliveries and 4th for total deal volume. Even rent growth has been consistently surpassing the national average.
As the country’s health systems look to grow their ambulatory networks – which one well-known healthcare consulting firm says they must do in order to survive in today’s environment – the main property that can help them do so remains the tried-and-true medical office building (MOB).
2017 witnessed record MOB sales and outsized portfolio sales, but a notable shift occurred in the hot money – a theme that dominates the landscape in early 2018.