Articles and Blogs

Ascension Seton and Acadia Healthcare announced a joint venture to expand access to behavioral health care in Austin, TX. Acadia will construct a 106-bed expansion of the existing acute behavioral hospital, which will increase the total licensed bed count to 196. The commercial real estate market is bracing for a record number of maturing... READ MORE

VMG Health published its Health System Leaders Expectations Survey for 2024. Leaders say physician strategy will be a major area of focus, de novo expansion projects will be a priority in current markets and M&A will continue to be a growth strategy in 2024. Commercial Property Executive released its Medical Office Trends to Watch... READ MORE

Senior Housing News published a list of anticipated trends for 2024, including the potential for larger markets returning to pre-pandemic occupancy, assisted living overtaking independent living as the most prevalent senior housing offering, more operators offering discounts and concessions to residents and the continued rise of luxury senior living accommodations. UC Davis Health and... READ MORE

On behalf of Hall Render’s real estate service line, Joel and I want to thank you for being a loyal subscriber to our Weekly Health Care Real Estate Briefing. We have enjoyed producing the briefing over the past year and appreciate the feedback you have provided to us. In previous years, we have produced... READ MORE

S&P Global Ratings published a sector view report on the nonprofit hospital sector, indicating the agency expects a constrained operating environment in 2024 largely due to persistently high labor and operating costs. Another factor behind the negative outlook is that health care providers are restarting deferred capital projects and potentially looking to debt to... READ MORE

The Federal Reserve agreed to hold its benchmark interest rate while signaling that rate cuts may be in the cards for 2024. If economic conditions continue to improve, the Federal Reserve plans to reduce interest rates by .75% in 2024. After the news broke, the stock market rallied and real estate investors expressed new... READ MORE

Hospitalogy published a roundup of recent earnings reports for a number of health systems. Several large, nonprofit health systems experienced losses in the recently ended quarter, while CVS Health and other for-profit providers reported profits and earnings growth. A recent Bisnow article indicated that, despite showing more resilience than the general office sector, the... READ MORE

Mayo Clinic unveiled a $5B plan to redesign its Rochester, Minnesota campus. The plan includes creating “health neighborhoods” within the campus that will focus on certain patient needs. CommonSpirit Health has closed on a $5M impact investment to support an affordable housing community in San Francisco called Freedom West Homes. Becker’s published a summary... READ MORE

On November 17, 2023, CMS published its final rule requiring Medicare and Medicaid nursing facilities to provide more detailed ownership and managerial information. The final rule includes new definitions of “private equity company” and “real estate investment trust” for Medicare enrollment purposes. HCA plans to invest $5.3B in already-approved projects in 2024, including freestanding... READ MORE

According to new Consumer Price Index (CPI) data, inflation was flat during the month of October. Experts believe this is evidence that inflation is cooling off. Year-to-date, the CPI index is up 3.2%. The top five markets for development and urban growth in 2024 are Nashville, Phoenix, Dallas, Atlanta and Austin according to a... READ MORE