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.
January has been a tough month for investors. We are coming off the increase in the fed funds rate in several years; the S&P 500 was down some 6%+ in January, the price of oil continues to plummet and concerns are abound in investment circles...
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.
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!
CS Capital on behalf of the Alaska Permanent Fund has recently acquired two Boston area acute rehabilitation hospitals. Both the Braintree Rehabilitation Hospital...
Overall, the first 3 quarters of 2015 has seen $9.5 billion of medical real estate change hands. This is up from the first 3 quarters of 2014 when $5.3 Billion of
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.
In one week, the U.S. health care system will start using the International Classification of Diseases, 10th Revision. This is a huge moment because ICD-10 will help doctors and other health care providers better: