10 Numbers Scaring ASCs: An Insight for Medical Real Estate Brokers and Investors
Ambulatory Surgery Centers (ASCs) have long offered a cost-effective, efficient alternative to traditional hospital settings, providing critical outpatient care and filling gaps within the healthcare system. However, as market dynamics shift, the ASC sector faces significant challenges that should be closely monitored by medical real estate brokers and investors. The following 10 statistics shed light […]
How Hurricanes and Economic Conditions Are Shaping the Future of Medical Construction Costs
Medical construction costs have been on the rise, and hurricanes, along with broader economic conditions, are likely to increase these expenses even further. Healthcare facilities have to figure out a way to balance these financial pressures while ensuring that safety, efficiency, and regulatory compliance are met. This situation calls for careful planning and proactive strategies […]
Healthcare Consolidation: Building Scalable, Flexible, and Integrated Real Estate Solutions for the Future
The ongoing consolidation of healthcare providers is a significant trend reshaping the landscape of healthcare in the U.S. As hospitals and clinics merge, acquire, and form partnerships, larger healthcare systems emerge, requiring more complex and integrated real estate solutions. This shift affects how healthcare facilities are planned, with an emphasis on scalability, flexibility, and technology […]
Things to Know When Planning Medical Office Space
Space planning for medical office spaces requires careful consideration of various factors to ensure functionality, compliance, and comfort for both patients and staff. Here are some key aspects to consider: 1. Regulatory Compliance Building Codes Ensuring that your medical office space complies with local building codes is essential. These codes cover a range of safety […]
The Future of Medical Real Estate: Key Trends and Predictions for 2024 and Beyond
The healthcare industry is undergoing major changes, from an aging population with more complex care needs to advances in technology enabling more procedures to be performed in outpatient settings. These factors are greatly impacting medical real estate and facilities. Here we explore the key trends shaping the future of medical real estate in 2024 and […]
The Pros and Cons of Triple Net (NNN) Leases for Medical Tenants
As a medical tenant looking to lease commercial space, you may come across the term “triple net lease” or NNN lease. This type of lease has become increasingly common for medical office and healthcare properties over the past few decades. What is a Triple Net Lease? A triple net lease, sometimes referred to as net-net-net […]
Adaptive Reuse: Converting Non-Medical Buildings for Healthcare Use
In recent years, the demand for healthcare facilities has been on the rise, driven by factors such as an aging population, advancements in medical technology, and the need for more accessible healthcare services. As a result, many healthcare providers, including doctors, dentists, and other medical professionals, are turning to adaptive reuse – the process of […]
The Graying of America: How an Aging Population is Driving Demand for Healthcare Real Estate
The United States is undergoing a dramatic demographic shift as the Baby Boomer generation enters their golden years. By 2030, all Baby Boomers will be over age 65, expanding the size of the older population so that 1 in every 5 Americans will be of retirement age, according to the U.S. Census Bureau. This “graying […]
Medical Office Location Planning in the Age of Consolidation
The healthcare industry has been undergoing major consolidation over the past decade, with large health systems acquiring physician practices, ambulatory surgery centers, and other outpatient facilities at a rapid pace. This consolidation presents both challenges and opportunities for healthcare leaders when determining where to locate new medical office space. Key Factors to Consider When deciding […]
Sold! Best Practices for Marketing Your Medical Real Estate
Marketing medical real estate effectively requires an understanding of the unique needs and motivations of healthcare providers. As the healthcare industry continues to grow and consolidate, competition for prime property is heating up. Whether you’re selling a medical office building, surgery center, or hospital, using the right marketing strategies could mean the difference between a […]