Commercial Real Estate

Outpatient Facilities Development Across the US in the Past Year

More than 34 million square feet of outpatient healthcare real estate projects were either started or completed in 2017, according to Revista.  This number represented a small decrease in medical office buildings’ and other outpatient facilities’ development from the previous year. Revista projected, however, that outpatient construction starts will rebound again in 2018.   The […]

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New Lease Accounting Rules and How They Affect Medical Real Estate

In our March newsletter, we discussed the concept of reverse monetization, whereby a current lessee (health system, physician group, etc.) buys properties in order to gain control of the operating costs, or to simply purchase the medical buildings they already occupy because it’s a smart business decision due to new lease-accounting guidance by the Financial

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Tax-Deferred Transactions for Medical Real Estate…1031 vs. UPREIT

As property values continue to climb and owners are considering selling their medical real estate the main question we hear is, “where will I put my money to replace the income?”. At times it seems that using the 1031 method to defer capital gains tax is a foregone conclusion. Our healthcare real estate team’s response

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Reverse Monetization – a New Trend?

According to Revista and Healthcare Real Estate Insights, with Aurora Health Care’s $433 million acquisition of 18 medical office buildings from Welltower, Inc. in January, this purchase marked the first major transaction that could be labeled a “reverse monetization”. According to Healthcare Real Estate Insights, several members of its Editorial Advisory Board at the end

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