According to research from Colliers International, telehealth grew by 1,202% between 2012 and 2017. But in 2020, the COVID-19 pandemic became the catalyst for extreme telemedicine growth. Practically overnight, healthcare professionals had to adapt to new technologies and onboard their patients via virtual platforms. According to GlobeSt.com, only about 11% of patients used telemedicine prior […]
How Telehealth Is Impacting the CRE Market Read More »
Healthcare real estate has been in high demand in recent years. The aging baby boomer generation and legislation changes have both played a part in the necessary increase of medical property. But the COVID-19 pandemic has also shed light on this sector and the need for different types of healthcare spaces. The unique structural components
Types of Properties within the Healthcare Real Estate Sector Read More »
With a year as unpredictable as 2020, it should come as no surprise that flex space is growing in popularity. Flexibility has been the key to good business strategies this year, and flexible space has been one of the keys to commercial real estate (CRE) strategies as well. In addition to the current demand for
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Every industry has them—rampant myths and misinformation. The more complex the industry, the more misinformation is readily available. And since medical real estate is a niche market of commercial real estate (CRE), it’s easy to see how misinformation can spread so easily. So, we’ve put together a list of truths to dispel four common medical
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Who could have seen 2020 coming? After a record-breaking expansion phase, we simultaneously faced a pandemic and an economic roller coaster. Businesses had to close their doors—some temporarily and some permanently. Many businesses faced shortened hours and a sharp decrease in staff, while health and safety concerns became top priorities. Commercial lease agreements that were
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Tensions are high as budgets tighten. The COVID-19 pandemic has strained the economy, and every industry has been impacted in one way or another. With the substantial increase in telehealth visits, online shopping, and other virtual events, “business as usual” has changed entirely. As a result, business owners carry much uncertainty about how to handle
FAQs on COVID-19 and Lease Negotiations Read More »
The phrases “medical practice” and “medical facility” are not one and the same. A physician or team of physicians may practice within a medical building, but that doesn’t mean they own the facility. Similarly, health systems may not own every building in which their physicians practice. Each medical real estate deal is as unique as
What to Do with a Facility When You Sell Your Medical Practice Read More »
In May of 2020, we published an article entitled, “The Post-Pandemic State of Commercial Real Estate.” It was an update that included data from early 2020, and our forecast for where commercial real estate (CRE) would be heading when the virus tapers off. But as COVID-19 continues to spread throughout the country, it continues to
2020 Mid-Year Healthcare Real Estate Insights Read More »
The Data In June of 2020, NAR completed a study that included over 2,300 of their members. In the survey, 75% of the property managers admitted that their tenants were having trouble paying their rent. Only 19% said their tenants were able to pay their rent on time. The individual landlord numbers were a bit
3 Ways to Handle Commercial Real Estate Differently After COVID-19 Read More »
Location Factors to Consider Before Leasing or Buying Medical Real Estate Medical real estate is a niche sector of commercial real estate (CRE), and as such, it comes with a unique set of parameters. So even though location is a prime consideration for all CRE sectors, healthcare professionals have a different set of factors to
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